NOT LISTED FOR SALE

Estimated Value: $742,000 - $1,410,000

4 Beds
1 Bath
1,500 Sq Ft
$754/Sq Ft Est. Value

Highlights

  • Wood Flooring
  • Sun or Florida Room
  • Den
  • Garden View
  • Corner Lot
  • Walk-In Closet

About This Home

As of May 2022

Welcome to the Wedgewood one of the most prestigious, historic properties in downtown Lake Worth Beach. Come check out this oversized 2 bedroom 1 bathroom with an extra Florida room/den apartment. This apartment is completely updated with fresh paint, a brand new kitchen with a stainless steel appliances and granite countertops, original Dade hardwood floors, several walk in closet spaces, and central a/c. It is 1 block from the intracoastal, walking distance to Bryant Park and minutes to the beach. This open courtyard community is perfect for those who want to be walking distance to the downtown night life! Coin laundry on premises. Call today for your private showing!

Last Agent to Rent the Property

Ashley Alshut

LPT Realty, LLC License #3317125 Listed on: 05/08/2022

LPT Realty, LLC

Co-Listed By

Blair Alshut

LPT Realty, LLC License #3378155

LPT Realty, LLC

Last Renter's Agent

Blair Alshut

LPT Realty, LLC License #3378155

LPT Realty, LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $16,336

Year Built

  • Built in 1947

Lot Details

  • Fenced
  • Corner Lot

Parking

  • On-Street Parking

Home Design

  • Entry on the 1st floor
  • Studio

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Den
  • Sun or Florida Room
  • Wood Flooring
  • Garden Views

Kitchen

  • Microwave
  • Ice Maker

Bedrooms and Bathrooms

  • Walk-In Closet
  • 1 Full Bathroom

Home Security

  • Security Lights
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 5/8/22
  • Assessor Parcel Number 38434421150970140

Community Details

Recreation

  • Park
  • Trails

Pet Policy

  • Pets Allowed

Additional Features

  • Lake Worth Town Of Subdivision
  • Laundry Facilities

Property Details

Home Type

Apartment

Est. Annual Taxes

$16,336

Year Built

Built in 1947

Lot Details

0

Rental Info

  • Available Date: 2022-05-08

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Apartment
  • Property Sub Type Additional: Apartment
  • Directions: I95 to 6th Ave S. Go to Federal Hwy turn left, go to 2nd Ave S turn right. 2 blocks up property on left
  • Year Built: 1947
  • Entry Level: 1
  • Unit Levels: One
  • Building Stories: 1
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Tub Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Electric Water Heater, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Flooring: Hardwood, Wood
  • Living Area: 1500.0
  • Dining Room Type: Den, Florida Room, Studio

Exterior Features

  • Exterior Features: Fence, Patio
  • View: Garden
  • Lot Features: Corner Lot
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Pet on Property
  • Other Structures: Apartment
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Yn: No
  • Parking Features: On Street

Utilities

  • Laundry Features: Common Area
  • Security: Security Lights, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Non-Gated, Park, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Laundry, Trail(s)
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 38434421150970140
  • Land Lease Amount Frequency: Monthly
  • Lot Size: Corner Lot,East of US-1,

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2024
Sold by
Wedgewood On Palmway Llc and Scott Gary
Bought by
Garcia Nichole
Current Estimated Value
$1,130,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$582,500
Outstanding Balance
$573,563
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$556,942

Purchase Details

Closed on
Mar 12, 2019
Sold by
Blagojevic Ljubica
Bought by
Wedgewood On Palmway Llc

Purchase Details

Closed on
Jun 1, 1998
Sold by
Ital Canam Inc
Bought by
Joldic Branko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000
Interest Rate
7.11%
Mortgage Type
Purchase Money Mortgage
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
Garcia Nichole $1,165,000 None Listed On Document
Wedgewood On Palmway Llc -- None Listed On Document
Wedgewood On Palmway Llc $1,125,000 First American Title Ins Co
Joldic Branko $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Nichole $582,500
Previous Owner Joldic Branko $12,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2022 05/08/22 Rented $2,400 -4.0% --
05/08/2022 05/08/22 For Rent $2,500 +58.7% --
11/01/2020 11/01/20 Rented $1,575 -12.5% --
10/02/2020 10/02/20 Under Contract -- -- --
08/11/2020 08/11/20 For Rent $1,800 0.0% --
09/04/2019 09/04/19 For Rent $1,800 0.0% --
09/04/2019 09/04/19 Rented $1,800 -- --
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 $16,336 $614,215 -- --
2023 $15,315 $558,377 $0 $0
2022 $14,380 $507,615 $0 $0
2021 $12,472 $461,468 $186,500 $274,968
2020 $12,421 $456,168 $220,000 $236,168
2019 $11,315 $456,168 $220,000 $236,168
2018 $10,040 $389,623 $187,110 $202,513
2017 $9,061 $318,873 $138,600 $180,273
2016 $8,816 $312,141 $0 $0
2015 $8,724 $300,141 $0 $0
2014 $8,646 $293,768 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10798360

BeachesMLS

APN: 38-43-44-21-15-097-0140