NOT LISTED FOR SALE

1911 Lake Worth Rd Lake Worth, FL 33461

Estimated Value: $417,736 - $523,000

3 Beds
2 Baths
1,362 Sq Ft
$341/Sq Ft Est. Value

Last Sold August 03, 2022

Last sale price $360,000 $264 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,047/month

40 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • 4-minute walk to Lake Worth
  • Wall Furnace
  • Patio

About This Home

As of August 2022

Beautiful Duplex in a great location1-1 in front with long term month to month tenants , new granite and tile Rear unit also month to month

Last Agent to Sell the Property

Ed Muller

Palm Beach Commercial LLC License #0610362 Listed on: 05/24/2022

Last Buyer's Agent

Mark Johnson

The Keyes Company License #3348849

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,044

Year Built

  • Built in 1962

Lot Details

  • 6,386

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,362 Sq Ft Home
  • 1-Story Property

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Additional Features

  • Patio
  • 6,386 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 38434428010060190

Community Details

Overview

  • 2 Units
  • Buffalo Heights Subdivision

Building Details

  • Operating Expense $2,932
  • Net Operating Income $13,265

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,044

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Lake Worth Rd East to property
  • Year Built: 1962
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Other
  • Living Area: 1362.0

Exterior Features

  • Exterior Features: Patio
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 38434428010060190
  • Lot Size Sq Ft: 6386.0
  • Zoning Description: TOD-W
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 13265.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 2932.0

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5044.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2022
Closed on
Jul 27, 2022
Sold by
Claudia Zepeda
Bought by
Mallo Matthew
Seller's Agent
Ed Muller
Palm Beach Commercial LLC
Buyer's Agent
Mark Johnson
The Keyes Company
List Price
$395,000
Sold Price
$360,000
Premium/Discount to List
-$35,000
-8.86%
Current Estimated Value
$464,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,934
Avg. Annual Appreciation
8.46%
Original Mortgage
$353,479
Outstanding Balance
$338,655
Interest Rate
5.78%
Mortgage Type
FHA
Estimated Equity
$126,279
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mallo Matthew $360,000 Dermot Mac Mahon Pa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mallo Matthew $353,479
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/03/2022 08/03/22 Sold $360,000 -8.9% $264 / Sq Ft
07/04/2022 07/04/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $395,000 +166.9% $290 / Sq Ft
04/29/2016 04/29/16 Sold $148,000 -2.6% $109 / Sq Ft View Prior Sale
03/30/2016 03/30/16 Pending -- -- --
02/16/2016 02/16/16 For Sale $152,000 -- $112 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,988 $313,779 -- --
2023 $6,672 $302,784 $148,415 $154,369
2022 $5,435 $185,640 $0 $0
2021 $5,044 $168,764 $0 $0
2018 $3,832 $129,780 $63,250 $66,530
2017 $3,652 $121,502 $55,000 $66,502
2016 $3,240 $102,622 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ed Muller

    Seller's Agent in 2022

    Ed Muller

    Palm Beach Commercial LLC

    (561) 337-8844

    10 Total Sales

    Ed Muller
    Section Image
  • Mark Johnson

    Buyer's Agent in 2022

    Mark Johnson

    The Keyes Company

    (410) 952-1640

    19 Total Sales

    Mark Johnson
    Section Image

  • A

    Seller's Agent in 2016

    Alex Evert

    Sutter & Nugent LLC

    (561) 473-3839

    61 Total Sales

    Alex Evert
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10802718

BeachesMLS

APN: 38-43-44-28-01-006-0190

Florida Palm Beach County Lake Worth 33461

1911 Lake Worth Rd, Lake Worth, FL

This home is located at 1911 Lake Worth Rd, Lake Worth, FL 33461 since 24 May 2022 and is currently estimated at $464,934, approximately $341 per square foot. This property was built in 1962. 1911 Lake Worth Rd is a home located in Palm Beach County with nearby schools including Lake Worth High School, Barton Elementary School, and Lake Worth Community Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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