NOT LISTED FOR SALE

301 S Palmway Lake Worth, FL 33460

Bryant Park Neighborhood

Estimated Value: $696,000 - $885,000

6 Beds
4 Baths
3,288 Sq Ft
$235/Sq Ft Est. Value

Last Sold December 10, 2014

Last sale price $319,000 $97 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $5,404/month

276 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Central Heating and Cooling System
  • Garden View
  • Cooling System Mounted To A Wall/Window
  • 2 Car Garage

About This Home

As of December 2014

Unique ''Old World'' charm with this great investment opportunity, four units, 2 car garage, common laundry room, separate electric meters, corner lot, walk to intracoastal waterway, park & downtown Lake Worth.

Last Agent to Sell the Property

Harry Borders

Coldwell Banker Realty License #8227 Listed on: 02/06/2014

Coldwell Banker Realty

Last Buyer's Agent

Bo Allen

Illustrated Properties LLC License #602992

Illustrated Properties LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,890

Year Built

  • Built in 1927

Lot Details

  • Corner Lot
  • Sprinkler System

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,288 Sq Ft Home
  • 2-Story Property
  • Garden Views

Flooring

  • Wood
  • Parquet

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $37,500
  • Rent includes electricity, cable TV
  • Assessor Parcel Number 38434421151050090

Community Details

Overview

  • 4 Units
  • Town Of Lake Worth Subdivision

Building Details

  • Operating Expense $14,491

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,890

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Directions: North off 4th ave South
  • Year Built: 1927
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Other, Parquet, Wood
  • Living Area: 3288.0

Exterior Features

  • View: Garden
  • Lot Features: Corner Lot, Sprinklers Automatic
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Wall Furnace
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available, Water Available

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Cable TV
  • Senior Community: No

Lot Info

  • Parcel #: 38434421151050090
  • Zoning Description: MF20

Rental Info

  • Tenant Pays: Exterior Electric

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 7890.0

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 14491.0
  • Total Actual Rent: 37500.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2014
Closed on
Dec 6, 2014
Sold by
Guns Charles E and Guns Charles J
Bought by
Allen Gary Bo and Revocable Trust Agreement Of Gary B Alle
Seller's Agent
Harry Borders
Coldwell Banker Realty
Buyer's Agent
Bo Allen
Illustrated Properties LLC
List Price
$319,000
Sold Price
$319,000
Current Estimated Value
$773,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$454,175
Avg. Annual Appreciation
8.47%
Original Mortgage
$300,000
Outstanding Balance
$231,063
Interest Rate
4.07%
Mortgage Type
Stand Alone First
Estimated Equity
$542,112

Purchase Details

Closed on
Sep 11, 2003
Sold by
Kryok James M and Kryok Janet L
Bought by
Guns Charles E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
3.67%
Mortgage Type
Balloon
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
Allen Gary Bo $319,000 Standard Title Ins Agency In
Guns Charles E $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Gary Bo $300,000
Previous Owner Guns Charles E $236,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2014 12/10/14 Sold $319,000 0.0% $97 / Sq Ft
11/10/2014 11/10/14 Pending -- -- --
02/06/2014 02/06/14 For Sale $319,000 0.0% $97 / Sq Ft
05/20/2012 05/20/12 Rented $850 0.0% --
04/20/2012 04/20/12 Under Contract -- -- --
04/05/2012 04/05/12 For Rent $850 -- --
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 $16,042 $602,296 -- --
2023 $15,160 $547,542 $0 $0
2022 $14,162 $497,765 $0 $0
2021 $12,344 $452,514 $137,750 $314,764
2020 $12,970 $476,141 $220,000 $256,141
2019 $12,894 $476,141 $220,000 $256,141
2018 $11,793 $455,767 $187,110 $268,657
2017 $10,701 $386,502 $138,600 $247,902
2016 $10,252 $371,693 $0 $0
2015 $10,373 $367,262 $0 $0
2014 $8,820 $275,681 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2014

    Harry Borders

    Coldwell Banker Realty

    (561) 689-0400

    21 Total Sales

    Harry Borders
    Section Image
  • Bo Allen

    Buyer's Agent in 2014

    Bo Allen

    Illustrated Properties LLC

    (561) 329-9997

    3 in this area

    143 Total Sales

    Bo Allen
    Section Image

  • R

    Seller's Agent in 2012

    Rosalind Borders

    Inactive Member

  • Jon Faust

    Buyer's Agent in 2012

    Jon Faust

    Coastline Realty, Inc.

    (561) 722-9643

    4 in this area

    81 Total Sales

    Jon Faust
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10014317

BeachesMLS

APN: 38-43-44-21-15-105-0090

Florida Palm Beach County Lake Worth 33460 Bryant Park

301 S Palmway, Lake Worth, FL

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.

BeachesMLS 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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