NOT LISTED FOR SALE

2721 10th Ave N Unit 4 Lake Worth, FL 33461

Estimated Value: $536,000 - $707,073

10 Beds
4 Baths
2,352 Sq Ft
$267/Sq Ft Est. Value

Last Sold September 20, 2017

Last sale price $375,000 $159 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,110/month

212 Days on Market

Highlights

  • Water Views
  • Ceramic Tile Flooring
  • Fenced
  • Cooling System Mounted To A Wall/Window
  • Ceiling Fan
  • Wall Furnace

About This Home

As of September 2017

Great Opportunity. 2 Duplexes 2/1 each. Closed to different stores. Big Lot: Acres .57

Last Buyer's Agent

Isabel Franco

Partnership Realty Inc. License #3213431

Partnership Realty Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,839

Year Built

  • Built in 1972

Lot Details

  • Fenced

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,352 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Ceramic Tile Flooring
  • Water Views

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Septic Tank

Listing and Financial Details

  • Total Actual Rent $38,700
  • Rent includes electricity, water
  • Assessor Parcel Number 00434420010400040

Community Details

Overview

  • 4 Units
  • Model Land Subdivision

Building Details

  • Operating Expense $9,722
  • Net Operating Income $28,978

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,839

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: Take 10 Ave N, pass Congress Ave and Rudolph and make a right.
  • Year Built: 1972
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2352.0

Exterior Features

  • Exterior Features: Fence
  • View: Other, Water
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Water
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 00434420010400040
  • Zoning Description: resident

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 28978.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 9722.0
  • Total Actual Rent: 38700.0

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 3839.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2017
Closed on
Sep 20, 2017
Sold by
Garcia Diomedes W and Lopez Jacqueline E
Bought by
Martinez Robisvel Rajadel
Buyer's Agent
Isabel Franco
Partnership Realty Inc.
List Price
$450,000
Sold Price
$375,000
Premium/Discount to List
-$75,000
-16.67%
Current Estimated Value
$628,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,768
Avg. Annual Appreciation
6.59%
Original Mortgage
$200,000
Outstanding Balance
$167,014
Interest Rate
3.9%
Mortgage Type
Commercial
Estimated Equity
$461,754

Purchase Details

Closed on
Jun 28, 2010
Sold by
Garcia Diomedes W
Bought by
Garcia Diomedes W and Lopez Jacqueline E

Purchase Details

Closed on
Oct 9, 2007
Sold by
Garcia Diomedes W and Garcia Lydia Ester
Bought by
Garcia Diomedes W

Purchase Details

Closed on
Jul 7, 2004
Sold by
Vazquez Nivaldo and Vazquez Graciela
Bought by
Garcia Diomedes W and Garcia Lydia Ester

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2002
Sold by
Vazquez Lillian
Bought by
Vazquez Nivaldo and Vazquez Graciela

Purchase Details

Closed on
Oct 18, 2001
Sold by
Vazquez Jovan Alexander and Vazquez Lillian
Bought by
Vazquez Lillian

Purchase Details

Closed on
Aug 21, 1997
Sold by
Paul J Meloche Tr & Marjorie A Meloche
Bought by
Vazquez Lillian and Vazquez Jovan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,400
Interest Rate
7.5%
Mortgage Type
New Conventional
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
Martinez Robisvel Rajadel $375,000 Attorney
Garcia Diomedes W -- Attorney
Garcia Diomedes W -- Attorney
Garcia Diomedes W $245,000 Fidelity National Title Ins
Vazquez Nivaldo -- --
Vazquez Lillian -- --
Vazquez Lillian $123,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Robisvel Rajadel $200,000
Previous Owner Garcia Diomedes W $196,000
Previous Owner Vazquez Lillian $98,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2017 09/20/17 Sold $375,000 -16.7% $159 / Sq Ft
08/21/2017 08/21/17 Pending -- -- --
01/20/2017 01/20/17 For Sale $450,000 -- $191 / 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 $9,436 $396,681 -- --
2023 $9,178 $360,619 $287,000 $287,186
2022 $8,255 $327,835 $0 $0
2021 $7,050 $324,276 $134,372 $189,904
2020 $6,390 $270,938 $100,000 $170,938
2019 $6,476 $270,938 $100,000 $170,938
2018 $6,020 $276,011 $99,981 $176,030
2017 $4,167 $229,468 $86,940 $142,528
2016 $3,839 $122,449 $0 $0
2015 $3,653 $111,317 $0 $0
2014 $3,375 $101,197 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10300725

BeachesMLS

APN: 00-43-44-20-01-040-0040