NOT LISTED FOR SALE

Estimated Value: $1,805,000

0.77 Acre
$2,346,969 Price per Acre
33,501 Sq Ft Lot

Last Sold October 12, 2022

Last sale price $5,310,000

Current estimated payment $12,186/month

About This Lot

As of October 2022

Impressive 33,500+ square foot property offering endless possibilities for developing multiple properties or one unparalleled family compound. Listing includes both 258 and 262 Worth Court S.

Last Agent to Sell the Property

Michael Melear

Douglas Elliman License #3259144 Listed on: 10/07/2022

Douglas Elliman

Last Buyer's Agent

Michael Melear

Douglas Elliman License #3259144 Listed on: 10/07/2022

Douglas Elliman

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,147

Lot Details

  • 0.77 Acre Lot
  • Paved or Partially Paved Lot
  • Site Plan Filed
  • Property is zoned SF7(ci

Location

  • City Lot

Community Details

  • Worth Court Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74434403020000110

Property Details

Property Type

Land

Est. Annual Taxes

$16,147

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Call LA
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: City Lot
  • Road Surface Type: Paved
  • Waterfront: No

Lot Info

  • Parcel #: 74434403020000110
  • Development Status: Site Plan Filed
  • Lot Size Sq Ft: 33501.0
  • Zoning Description: SF7(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 16147.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Oct 5, 2022
Sold by
Hs South Dixie Ventures Llc
Bought by
258 Worth Court South Llc
Seller's Agent
Michael Melear
Douglas Elliman
Buyer's Agent
Michael Melear
Douglas Elliman
List Price
$5,500,000
Sold Price
$5,310,000
Premium/Discount to List
-$190,000
-3.45%
Current Estimated Value
$1,805,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,505,000
Avg. Annual Appreciation
-29.45%

Purchase Details

Closed on
Jul 28, 2021
Sold by
Ferrari Rosanna and Gershberg Cory
Bought by
Hs South Dixie Ventures Llc

Purchase Details

Closed on
Jan 10, 1997
Sold by
Bright William Austin
Bought by
Ferrari Rosanna

Purchase Details

Closed on
Apr 1, 1996
Sold by
Griffin William J P
Bought by
Bright William A and Ferrari Rosanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.9%
Mortgage Type
New Conventional
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
258 Worth Court South Llc $1,567,247 --
Hs South Dixie Ventures Llc $1,027,000 None Available
Ferrari Rosanna $100 --
Bright William A $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gershberg Cory $440,000
Previous Owner Gershberg Cory $35,000
Previous Owner Ferrari Rosanna $220,000
Previous Owner Bright William A $155,000
Previous Owner Bright William A $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2022 10/12/22 Sold $5,310,000 -3.5% --
10/11/2022 10/11/22 For Sale $5,500,000 -- --
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 $28,217 $1,369,161 -- --
2023 $25,643 $1,244,692 $1,244,692 $0
2022 $19,197 $897,235 $0 $0
2021 $13,140 $638,846 $540,000 $98,846
2020 $11,989 $566,436 $480,000 $86,436
2019 $10,779 $479,970 $400,000 $79,970
2018 $9,771 $471,726 $402,840 $68,886
2017 $9,077 $439,620 $366,218 $73,402
2016 $8,403 $353,627 $0 $0
2015 $7,947 $321,479 $0 $0
2014 $7,217 $292,254 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10837957

BeachesMLS

APN: 74-43-44-03-02-000-0120