NOT LISTED FOR SALE

218 S M St Lake Worth, FL 33460

Downtown Jewel Neighborhood

Estimated Value: $645,000 - $784,000

3 Beds
3 Baths
1,742 Sq Ft
$408/Sq Ft Est. Value

Last Sold October 13, 2020

Last sale price $445,000 $255 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,889/month

125 Days on Market

Highlights

  • Old Spanish Architecture
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • No HOA
  • Vinyl Flooring

About This Home

As of October 2020

ONE Commercial is pleased to present Villa Bougainvillea, a beautiful triplex in the heart of Downtown Lake Worth Beach. The property boasts incredible walkability to Downtown Lake Avenue, beaches, Lake Worth municipal golf course, and the picturesque views of the intracoastal and palm beach island from Bryant Park. Lake Worth Beach has experienced a serge of new development including new shopping centers with flagships such as Starbucks, luxury condominiums, new roads and sidewalks, as well as expanding their downtown mixed use, urban zoning. With the cost of living rapidly increasing in close by Delray Beach, Boynton and Palm Beach; Lake Worth is the epitome of waterfront and urban living.

Last Agent to Sell the Property

Alexis Shapiro

ONE Commercial LLC License #3346131 Listed on: 03/05/2020

ONE Commercial LLC

Last Buyer's Agent

Jose Garcia

Luxury Brand Real Estate LLC License #3442894

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,540

Year Built

  • Built in 1926

Lot Details

  • 6,752

Parking

  • 5 Parking Spaces

Home Design

  • Triplex
  • Old Spanish Architecture
  • Barrel Roof Shape
  • Frame With Stucco
  • Concrete Roof

Interior Spaces

  • 1,742 Sq Ft Home
  • 2-Story Property

Flooring

  • Parquet
  • Vinyl

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • 3 Units
  • Lake Worth Town Of Condos
  • Lake Worth Town Of Subdivision

Listing and Financial Details

  • Rent includes hot water, water
  • Assessor Parcel Number 38434421150930040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,540

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1926
  • Property Sub Type: Triplex
  • Architectural Style: Detached, Old Spanish
  • Directions: South of Lake Ave on M Street, East Side of the Street
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Triplex
  • Subdivision Name: LAKE WORTH TOWN OF
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Other, Parquet, Vinyl
  • Living Area: 1742
  • Possible Use: Investment
  • Stories: 2

Exterior Features

  • Roof: Barrel Roof, Concrete
  • Construction Type: Frame With Stucco
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: LAKE WORTH TOWN OF
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 38434421150930040
  • Zoning: PO/MF-30
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Hot Water, Water

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6540

Multi Family

  • Number Of Units In Community: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2020
Closed on
Oct 8, 2020
Sold by
Red Rock 214 S M Llc
Bought by
Chapui Karina
Seller's Agent
Alexis Shapiro
ONE Commercial LLC
Buyer's Agent
Jose Garcia
Luxury Brand Real Estate LLC
List Price
$465,000
Sold Price
$445,000
Premium/Discount to List
-$20,000
-4.3%
Current Estimated Value
$710,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,598
Avg. Annual Appreciation
9.82%
Original Mortgage
$333,750
Outstanding Balance
$299,688
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$402,004

Purchase Details

Closed on
Jul 30, 2018
Sold by
Stephan James H and Stephan Gloria
Bought by
Red Rock 214 S M Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,625
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 8, 2004
Sold by
Laura Biggins Lw Llc
Bought by
Stephan James H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,249
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 13, 2003
Sold by
Biggins Laura L
Bought by
Laura Biggins Lw Llc

Purchase Details

Closed on
Jul 8, 2003
Sold by
Raymond Paul
Bought by
Biggins Laura L

Purchase Details

Closed on
Jul 3, 2002
Sold by
Stevens Chris
Bought by
Raymond Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 1998
Sold by
Hazzard William J and Hazzard Sara
Bought by
Stevens Chris
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
Chapui Karina $445,000 Attorney
Red Rock 214 S M Llc $270,000 First American Title Insuran
Stephan James H $250,500 --
Laura Biggins Lw Llc -- --
Biggins Laura L $187,500 --
Raymond Paul $130,000 --
Stevens Chris $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chapui Karina $333,750
Previous Owner Red Rock 214 S M Llc $200,625
Previous Owner Stephan James H $179,249
Previous Owner Raymond Paul $117,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2020 10/13/20 Sold $445,000 -4.3% $255 / Sq Ft
03/05/2020 03/05/20 For Sale $465,000 0.0% $267 / Sq Ft
09/03/2014 09/03/14 Rented $750 -11.8% --
08/04/2014 08/04/14 Under Contract -- -- --
07/29/2014 07/29/14 For Rent $850 0.0% --
07/04/2014 07/04/14 Rented $850 0.0% --
06/04/2014 06/04/14 Under Contract -- -- --
04/15/2014 04/15/14 For Rent $850 -- --
Source: MIAMI REALTORS® MLS

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 $12,207 $422,503 -- --
2023 $11,119 $384,094 $0 $0
2022 $10,561 $349,176 $0 $0
2021 $8,683 $317,433 $67,500 $249,933
2020 $6,521 $223,521 $67,500 $156,021
2019 $6,543 $223,521 $67,500 $156,021
2018 $4,963 $190,008 $67,196 $122,812
2017 $4,536 $155,440 $61,094 $94,346
2016 $4,201 $123,506 $0 $0
2015 $3,979 $112,278 $0 $0
2014 $3,782 $102,071 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alexis Shapiro

    Seller's Agent in 2020

    Alexis Shapiro

    ONE Commercial LLC

    (305) 779-2430

    4 in this area

    11 Total Sales

    Alexis Shapiro
    Section Image

  • J

    Buyer's Agent in 2020

    Jose Garcia

    Luxury Brand Real Estate LLC

    (954) 770-3027

    1 in this area

    2 Total Sales

    Jose Garcia
    Section Image

  • D

    Seller's Agent in 2014

    Daniela Robles

    Century 21 Tenace Realty

    (561) 275-1525

    8 Total Sales

    Daniela Robles
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10829050

MIAMI REALTORS® MLS

APN: 38-43-44-21-15-093-0040

Florida Palm Beach County Lake Worth 33460 Downtown Jewel

218 S M St, Lake Worth, FL

This home is located at 218 S M St, Lake Worth, FL 33460 since 05 March 2020 and is currently estimated at $710,598, approximately $407 per square foot. This property was built in 1926. 218 S M St is a home located in Palm Beach County with nearby schools including South Grade Elementary School, Lake Worth High 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.

MIAMI REALTORS® MLS 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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