$207,000
SOLD OCT 11, 2013

201 N E St Unit 1 Lake Worth, FL 33460

Tropical Ridge Neighborhood
-- Bed
-- Bath
2,054 Sq Ft
4,748 Sq Ft Lot

Recently Sold

$101 Per Sq Ft

5% Below List Price

54 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring
  • Wall Furnace

About This Home

As of October 2013

Building had a complete overhaul, right down to the bare studs just three years ago. New plumbing, electrical, windows, doors, roof, flooring, etc. All units are rented and never stay vacant longer than a week. Buildable oversized lot with endless possibilities. You could add coin-op, picnic area. All units have separate meters. Close to beach, park, boat ramp, golf course, and downtown Lake Worth.

Last Agent to Sell the Property

Amy Sylvia

RE/MAX Prestige Realty License #704244 Listed on: 07/18/2013

RE/MAX Prestige Realty

Co-Listed By

Barbara Sprano

RE/MAX Prestige Realty/Wellington License #3259902

Last Buyer's Agent

Carlos Ramos

Inactive member License #3272754

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,516

Year Built

  • Built in 1930

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,054 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring

Utilities

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

Listing and Financial Details

  • Total Actual Rent $35,400
  • Rent includes cable TV
  • Assessor Parcel Number 38434421150620311

Community Details

Overview

  • 4 Units
  • Lake Worth Town Subdivision

Building Details

  • Operating Expense $14,012
  • Net Operating Income $21,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,516

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: Lucerne Avenue to right on D Street to property.
  • Year Built: 1930
  • Unit Levels: Two
  • Building Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2054.0

Exterior Features

  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame, Stucco
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

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

  • HOA Rent Includes: Cable TV
  • Senior Community: No

Lot Info

  • Parcel #: 38434421150620311
  • Zoning Description: Sftf14

Multi Family

  • Property Net Operating Income: 21900.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 14012.0
  • Total Actual Rent: 35400.0

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 3516.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2017
Sold by
Pardes Real Estate Fund Llc
Bought by
Cohn Charles
Total Days on Market
54
Current Estimated Value
$542,469

Purchase Details

Listed on
Jul 18, 2013
Closed on
Oct 11, 2013
Sold by
201Nestreet Llc
Bought by
Pardes Real Estate Fund Llc
Seller's Agent
Amy Sylvia
RE/MAX Prestige Realty
Buyer's Agent
Carlos Ramos
Inactive member
List Price
$219,000
Sold Price
$207,000
Premium/Discount to List
-$12,000
-5.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.63%

Purchase Details

Closed on
Mar 6, 2012
Sold by
Jezebels Place Inc
Bought by
201Nest Llc

Purchase Details

Closed on
Oct 27, 2009
Sold by
Vlw Holdings Inc
Bought by
Jezebel Inc

Purchase Details

Closed on
Aug 18, 2009
Sold by
Wachovia Mortgage Bank Fsb
Bought by
Vlw Holdings Inc

Purchase Details

Closed on
Aug 11, 2009
Sold by
Cardona Maria L
Bought by
Wachovia Mortgage Fsb and World Savings Bank Fsb

Purchase Details

Closed on
Jan 20, 2004
Sold by
Osorio Carlos and Dominguez Roberto
Bought by
Cardona Maria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 2002
Sold by
First National Bank Of Chicago
Bought by
Dominguez Roberto

Purchase Details

Closed on
Jul 22, 2002
Sold by
City Of Lake Worth Florida
Bought by
First National Bank Of Chicago and Rtc Mtg Pass Through Certificates Series
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $275,000 Attorney
Warranty Deed $207,000 Attorney
Quit Claim Deed -- Attorney
Quit Claim Deed -- None Available
Special Warranty Deed $143,000 Attorney
Special Warranty Deed $70,000 Shore To Shore Title Inc
Trustee Deed -- None Available
Warranty Deed $220,000 Fidelity National Title Insu
Special Warranty Deed $90,500 --
Trustee Deed $500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $232,000 Negative Amortization
Previous Owner $165,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2015 02/05/15 Rented $700 0.0% --
01/06/2015 01/06/15 Under Contract -- -- --
12/04/2014 12/04/14 For Rent $700 0.0% --
10/11/2013 10/11/13 Sold $207,000 -5.5% $101 / Sq Ft
09/11/2013 09/11/13 Pending -- -- --
07/18/2013 07/18/13 For Sale $219,000 -- $107 / 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 $10,620 $386,684 -- --
2023 $9,941 $351,531 $0 $0
2022 $9,084 $319,574 $0 $0
2021 $8,754 $331,330 $135,200 $196,130
2020 $7,975 $275,382 $119,600 $155,782
2019 $7,540 $267,125 $109,200 $157,925
2018 $6,704 $218,274 $103,292 $114,982
2017 $5,364 $168,056 $73,780 $94,276
2016 $4,959 $141,422 $0 $0
2015 $4,693 $128,565 $0 $0
2014 $4,588 $135,286 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Rafika Horn

    Meridian Properties Inc.

    (561) 389-6678

    25 Total Sales

    Rafika Horn
    Section Image

  • J

    Buyer's Agent in 2015

    James Coleman

    Better Homes & Gdns RE Fla 1st

  • Amy Sylvia

    Seller's Agent in 2013

    Amy Sylvia

    RE/MAX

    (561) 541-5559

    31 Total Sales

    Amy Sylvia
    Section Image

  • B

    Seller Co-Listing Agent in 2013

    Barbara Sprano

    RE/MAX

  • C

    Buyer's Agent in 2013

    Carlos Ramos

    Inactive member

See All Agents

Map

Source: BeachesMLS

MLS Number: R9962642

BeachesMLS

APN: 38-43-44-21-15-062-0311

Florida Palm Beach County Lake Worth 33460 Tropical Ridge

201 N E St Unit 1, Lake Worth, FL

This home is located at 201 N E St Unit 1, Lake Worth, FL 33460 and is currently priced at $207,000, approximately $100 per square foot. This property was built in 1930. 201 N E St Unit 1 is a home located in Palm Beach County with nearby schools including Lake Worth High School, Highland 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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