NOT LISTED FOR SALE

Estimated Value: $813,000 - $2,885,000

0.15 Acre
$12,326,667 Price per Acre
6,750 Sq Ft Lot

Last Sold June 22, 2021

Last sale price $250,000

Est. 640% increase in value since last sale

Current estimated payment $10,237/month

10 Days on Market

About This Lot

As of June 2021

Rare opportunity to find a vacant multifamily lot one block off downtown Lake Worth and a short bike ride to the beach. Soil boring analysis, survey and tree survey are available upon request. This lot allows for 4 units, or split the lot to create two single family residences. Please contact city of LWB Zoning and historical for more details. Seller financing is available with 50% down, interest only payments @ 7.5% interest.

Last Agent to Sell the Property

Robert Miller

Highland Realty Advisors LLC License #3207781 Listed on: 05/12/2021

Last Buyer's Agent

Lana Kislin

Charles Rutenberg Realty FTL License #3382320

Charles Rutenberg Realty FTL

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,999

Lot Details

  • 6,750 Sq Ft Lot
  • Paved or Partially Paved Lot
  • Site Plan Filed
  • Property is zoned MF-30(

Location

  • City Lot

Community Details

  • Lake Worth Town Of Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38434421150480120

Property Details

Property Type

Land

Est. Annual Taxes

$1,999

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Business
  • Property Sub Type Additional: Commercial
  • Directions: Lake Ave east to N K Street, Head north, vacant lot on east side of the street.
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: City Lot, < 1/4 Acre
  • Road Surface Type: Paved
  • Waterfront: No

Lot Info

  • Parcel #: 38434421150480120
  • Development Status: Site Plan Filed
  • Lot Size: 50
  • Lot Size Sq Ft: 6750.0
  • Zoning Description: MF-30(
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1999.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2022
Sold by
226 North K Street Llc
Bought by
226 North K Street Lp
Current Estimated Value
$1,849,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 12, 2021
Closed on
Jul 7, 2021
Sold by
Jel Development Llc
Bought by
226 North K Street Llc
Seller's Agent
Robert Miller
Highland Realty Advisors LLC
Buyer's Agent
Lana Kislin
Charles Rutenberg Realty FTL
List Price
$280,000
Sold Price
$250,000
Premium/Discount to List
-$30,000
-10.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
64.91%

Purchase Details

Listed on
May 12, 2021
Closed on
Jun 21, 2021
Sold by
Grandview Heights Holdings Llc
Bought by
Jel Development Llc
Seller's Agent
Robert Miller
Highland Realty Advisors LLC
Buyer's Agent
Lana Kislin
Charles Rutenberg Realty FTL
List Price
$280,000
Sold Price
$250,000
Premium/Discount to List
-$30,000
-10.71%

Purchase Details

Listed on
May 12, 2021
Closed on
Apr 30, 2021
Sold by
Vanneste Charles and Cramer John M
Bought by
Grandview Heights Holdings Llc
Seller's Agent
Robert Miller
Highland Realty Advisors LLC
Buyer's Agent
Lana Kislin
Charles Rutenberg Realty FTL
List Price
$280,000
Sold Price
$250,000
Premium/Discount to List
-$30,000
-10.71%

Purchase Details

Closed on
Aug 11, 2008
Sold by
Vanneste Lorraine A
Bought by
Vanneste Lorraine A
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
226 North K Street Lp -- --
226 North K Street Llc -- Attorney
Jel Development Llc $250,000 Attorney
Grandview Heights Holdings Llc $140,000 Citrus Title Ins Agcy Inc
Vanneste Lorraine A -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 226 North K Street Lp $1,050,000
Closed 226 North K Street Lp $825,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2021 06/22/21 Sold $250,000 -10.7% --
05/23/2021 05/23/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $280,000 +100.0% --
05/01/2021 05/01/21 Sold $140,000 +12.0% --
04/01/2021 04/01/21 Pending -- -- --
07/08/2020 07/08/20 For Sale $125,000 -- --
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 $5,105 $213,100 -- --
2023 $4,679 $194,950 $194,950 $0
2022 $5,374 $222,750 -- --
2021 $2,064 $108,000 $108,000 $0
2020 $1,999 $109,350 $109,350 $0
2019 $1,872 $102,060 $102,060 $0
2018 $1,546 $73,062 $73,062 $0
2017 $1,447 $66,410 $66,410 $0
2016 $1,361 $37,506 $0 $0
2015 $1,205 $34,096 $0 $0
2014 $1,163 $30,996 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10715584

BeachesMLS

APN: 38-43-44-21-15-048-0120