NOT LISTED FOR SALE

212 N K St Lake Worth, FL 33460

Mango Groves Neighborhood

Estimated Value: $175,000 - $196,265

1 Bed
1 Bath
4,346 Sq Ft
$43/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $1,300,000 $299 Per Sq Ft

Current estimated payment $1,405/month

180 Days on Market

About This Home

As of February 2022

8 MULTI UNITS (IN A 10 UNIT CONDOMINIUM BUILDING) LOCATED IN THE HEART OF DOWNTOWN LAKE WORTH BEACH (TOTAL OF 7 1/1'S AND 1 2/1). UPDATED WITH ALL MODERN AMENITIES. INDIVIDUAL WASHER/DRYERS. ALL NEW CENTRAL AIRCONDITIONERS IN EVERY UNIT, NEW ROOF (WITH PERMIT), NEW ELECTRICAL (WITH PERMIT), NEW LANDSCAPE, ALL NEW EXTERIOR/STAIRS/WALKWAY PAINT, NEW AUTO-ZONED SPRINKLER SYSTEM. ZERO DEFFERED MAINTENANCE. TRULY TURN KEY WITH SUPER LOW COA's. ALL UNITS ALSO COME WITH ASSIGNED OFF STREET PARKING. CONDO BUILDING IS LOCATED RIGHT IN DOWNTOWN LAKE WORTH BEACH AND EASY WALK TO THE BEACH, GOLF COURSE, DOWNTOWN RESTAURANTS AND ART GALLERIES. (Operating just under 6% net cap at asking price).

Last Agent to Sell the Property

Kingsley Itsede

Coastline Realty, Inc. License #3339253 Listed on: 07/22/2021

Last Buyer's Agent

Ivana Gori

Coastline Realty, Inc. License #3287741

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,506

Year Built

  • Built in 1980

Lot Details

  • 10,149

HOA Fees

  • $114 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 4,346 Sq Ft Home
  • 2-Story Property
  • Blinds

Flooring

  • Laminate
  • Tile

Additional Features

  • Sprinkler System
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 38434422240001010

Community Details

Overview

  • Association fees include common areas, insurance, maintenance structure, trash, water
  • 4 Units
  • Hovianna Xii Cond Decl Fi Subdivision

Building Details

  • Operating Expense $28,000
  • Net Operating Income $80,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,506

Year Built

Built in 1980

Lot Details

0

HOA Fees

$114 per month

Listing Details

  • Prop. Type: Residential Income
  • Directions: DOWNTOWN LAKE WORTH BEACH
  • Year Built: 1980
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Laminate, Tile
  • Living Area: 4346.0
  • Window Features: Blinds

Exterior Features

  • Lot Features: Sprinklers Automatic
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 114.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Structure, Trash, Water

Lot Info

  • Parcel #: 38434422240001010
  • Zoning Description: MF-30 -

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 80000.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 28000.0

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 14506.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Feb 17, 2022
Sold by
K2lw Llc
Bought by
212Nkst Llc
Seller's Agent
Kingsley Itsede
Coastline Realty, Inc.
Buyer's Agent
Ivana Gori
Coastline Realty, Inc.
List Price
$1,490,000
Sold Price
$1,300,000
Premium/Discount to List
-$190,000
-12.75%
Current Estimated Value
$187,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,112,184
Avg. Annual Appreciation
-43.15%

Purchase Details

Closed on
Dec 28, 2017
Sold by
Tierney Karen
Bought by
K2lw Llc

Purchase Details

Closed on
Apr 15, 2005
Sold by
Pats Management Inc
Bought by
Tierney Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
5.68%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 17, 2005
Sold by
Howland George D and Howland Dorothea J
Bought by
Pats Management Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
5.68%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 20, 2004
Sold by
Rusin Michael W and Randall Debra J
Bought by
Howland George D and Howland Dorothea J
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 Buyer Sale Price Title Company
212Nkst Llc $1,000,000 Pegasus Title Services
K2lw Llc $75,000 United Title Agencies I Inc
Tierney Karen $125,000 First American Title Ins Co
Pats Management Inc $82,500 --
Howland George D $20,000 First Equity Title Llc
Howland George D -- First Equity Title Llc
Howland George D -- First Equity Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pats Management Inc $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2022 02/18/22 Sold $1,300,000 -12.8% $299 / Sq Ft
01/19/2022 01/19/22 Pending -- -- --
07/22/2021 07/22/21 For Sale $1,490,000 -- $343 / 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 $3,200 $134,200 -- --
2023 $2,899 $122,000 $0 $122,000
2022 $2,089 $79,061 $0 $0
2021 $1,884 $76,000 $0 $76,000
2020 $1,787 $76,000 $0 $76,000
2019 $1,607 $62,000 $0 $62,000
2018 $1,429 $54,000 $0 $54,000
2017 $994 $48,000 $0 $0
2016 $827 $27,500 $0 $0
2015 $760 $25,000 $0 $0
2014 $744 $24,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kingsley Itsede

    Seller's Agent in 2022

    Kingsley Itsede

    Coastline Realty, Inc.

    (561) 588-2900

    2 in this area

    26 Total Sales

    Kingsley Itsede
    Section Image

  • I

    Buyer's Agent in 2022

    Ivana Gori

    Coastline Realty, Inc.

    (561) 229-5787

    3 in this area

    7 Total Sales

    Ivana Gori
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10733019

BeachesMLS

APN: 38-43-44-22-24-000-1010

Florida Palm Beach County Lake Worth 33460 Mango Groves

212 N K St, Lake Worth, FL

This home is located at 212 N K St, Lake Worth, FL 33460 since 22 July 2021 and is currently estimated at $187,816, approximately $43 per square foot. This property was built in 1980. 212 N K St is a home located in Palm Beach County with nearby schools including Lake Worth High School, North Grade 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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