205 N F St Lake Worth, FL 33460
Tropical Ridge NeighborhoodEstimated Value: $252,000 - $304,000
2
Beds
1
Bath
840
Sq Ft
$327/Sq Ft
Est. Value
Highlights
- 23,625 Sq Ft lot
- Wood Frame Window
- Cooling System Mounted To A Wall/Window
- Wood Flooring
- Separate Shower in Primary Bathroom
- Family Room
About This Home
As of December 2023Investor special - FULL rehab, **CASH, HARD MONEY ONLY!** This beautifully treed lot is a property that stood as a duplex once upon a time, with a unit in the back that was torn down. You can see the historic Florida charm that would be awesome to restore, however, this is a 50' lot that has potential to split and build 2 new homes. On quick glance it might be possible to split the lot and build one home while renting the other before starting the second home.. that would need to be verified. If looking for a buy and hold, this home is currently rented for 1500$ a month and I am sure the tenants would want to stay, as they are a long term 9 yr to date resident. Market rate for rent could be $1700/month. This property is NOT in an historical district. Schedule Online.
Last Agent to Sell the Property
True Blue Realty Inc License #3022217 Listed on: 12/24/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,385
Year Built
- Built in 1927
Lot Details
- 0.54 Acre Lot
- Property is zoned SF-TF-
Home Design
- Fixer Upper
- Frame Construction
- Shingle Roof
- Composition Roof
Interior Spaces
- 840 Sq Ft Home
- 1-Story Property
- Single Hung Metal Windows
- Wood Frame Window
- Family Room
- Electric Range
- Washer
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
- Separate Shower in Primary Bathroom
Parking
- Over 1 Space Per Unit
- Driveway
- On-Street Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Electric Water Heater
- Cable TV Available
Community Details
- Lake Worth Town Of Subdivision
Listing and Financial Details
- Assessor Parcel Number 38434421150600300
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 24, 2023
Closed on
Dec 19, 2023
Sold by
Tropical Properties Palm Beach Llc
Bought by
Lazo Venture Llc
Seller's Agent
Barbara Lilley
True Blue Realty Inc
Buyer's Agent
Barbara Lilley
True Blue Realty Inc
List Price
$249,000
Sold Price
$240,000
Premium/Discount to List
-$9,000
-3.61%
Total Days on Market
4
Views
70
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,500
Avg. Annual Appreciation
11.62%
Original Mortgage
$170,000
Outstanding Balance
$168,139
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$112,415
Purchase Details
Closed on
Jul 8, 2022
Sold by
James Vandyke
Bought by
Tropical Properties Palm Beach Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.23%
Mortgage Type
Balloon
Purchase Details
Closed on
Dec 19, 2015
Sold by
Adruce Investments Llc
Bought by
Vandyke James
Purchase Details
Closed on
Aug 30, 2007
Sold by
Dale Franklin C
Bought by
Adruce Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 27, 1994
Sold by
Mcquade William J
Bought by
Dale Franklin C
Similar Homes in Lake Worth, FL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lazo Venture Llc | $240,000 | None Listed On Document | |
| Tropical Properties Palm Beach Llc | $153,000 | Independence Title Insurance A | |
| Vandyke James | $84,000 | Attorney | |
| Adruce Investments Llc | $93,000 | Attorney | |
| Dale Franklin C | $29,600 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lazo Venture Llc | $170,000 | |
| Previous Owner | Tropical Properties Palm Beach Llc | $130,000 | |
| Previous Owner | Adruce Investments Llc | $84,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/29/2023 12/29/23 | Sold | $240,000 | -3.6% | $286 / Sq Ft |
| 12/28/2023 12/28/23 | Pending | -- | -- | -- |
| 12/24/2023 12/24/23 | For Sale | $249,000 | -- | $296 / Sq Ft |
Source: BeachesMLS
Tax History Compared to Growth
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 | $5,231 | $210,036 | -- | -- |
| 2023 | $5,385 | $218,196 | $142,250 | $75,946 |
| 2022 | $3,525 | $119,874 | $0 | $0 |
| 2021 | $3,062 | $110,645 | $50,750 | $59,895 |
| 2020 | $2,854 | $102,430 | $45,500 | $56,930 |
| 2019 | $2,692 | $98,972 | $45,500 | $53,472 |
| 2018 | $2,431 | $88,479 | $34,675 | $53,804 |
| 2017 | $2,217 | $74,506 | $28,896 | $45,610 |
| 2016 | $1,670 | $44,264 | $0 | $0 |
| 2015 | $1,536 | $40,240 | $0 | $0 |
| 2014 | $1,551 | $36,582 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Barbara Lilley
Seller's Agent in 2023
Barbara Lilley
True Blue Realty Inc
(561) 644-1041
3 in this area
95 Total Sales
Map
Source: BeachesMLS
MLS Number: R10945810
APN: 38-43-44-21-15-060-0300
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