NOT LISTED FOR SALE

305 S Federal Hwy 1 Hwy Lake Worth Beach, FL 33460

Downtown Jewel Neighborhood

Estimated Value: $447,000 - $975,000

-- Bed
3 Baths
1,988 Sq Ft
$348/Sq Ft Est. Value

Last Sold December 11, 2014

Last sale price $128,500 $65 Per Sq Ft

Est. 439% increase in value since last sale

Current estimated payment $4,527/month

164 Days on Market

Highlights

  • Garden View
  • Concrete Flooring
  • Fenced
  • Patio

About This Home

As of December 2014

A WONDEFUL OPPORTUNITY TO OWN A TRIPLEX NEAR DOWNTOWN,BEACHES AND SHOPPING. NEW ROOF, NEW WINDOWS, NEW SCREENS, NEW HURRICANE SHUTTERS, NEW FRONT DOORS, NEW EXTERIOR AND INTERIOR PAINT. THE PROPERTY DOES NEED KICTHENS, BATHS, HVAC AND HOT WATER. THE HOME IS IN NEED OF UPDATING AND RENOVATIONS AND IS BEING SOLD IN '' AS-IS'' CONDITION INCLUDING ANY EXISTING APPLIANCES, HEATING AND AIR CONDITIONING AND ELECTRICAL SYSTEMS.NO OFFER WILL BE CONSIDERED WITHOUT THE ATTACHED REO FORMS AND INSTRUCTIONS COMPLETELY FILLED OUT AND SENT WITH OFFER. Buyers should obtain a free prequal letter from Wells Fargo Home Mortgage or an entity which is a joint venture with WFHM by working directly with a mortgage consultant or going online at www.wellsfargo.com.

Last Agent to Sell the Property

Meredith Markarian

The Keyes Company License #3163710 Listed on: 05/30/2014

Last Buyer's Agent

Meredith Markarian

The Keyes Company License #3163710 Listed on: 05/30/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 6,752 Sq Ft Lot
  • Fenced

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,988 Sq Ft Home
  • 1-Story Property
  • Sliding Windows
  • Concrete Flooring
  • Garden Views

Outdoor Features

  • Patio

Utilities

  • No Cooling
  • No Heating

Community Details

  • 3 Units
  • Lake Worth Town Of In Pb Subdivision

Listing and Financial Details

  • Rent includes electricity, sewer, water
  • Assessor Parcel Number 38434421151090100

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: 95 to 6th Avenue, East to Federal Highway, North 3 Blocks. Property on West side.
  • Year Built: 1963
  • Unit Levels: One
  • Building Stories: 1
  • Special Features: 5120
  • Stories: 1

Interior Features

  • Flooring: Concrete
  • Living Area: 1988.0
  • Window Features: Sliding

Exterior Features

  • Exterior Features: Fence, Patio
  • View: Garden
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Roof: Composition, Shingle

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Other
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Sewer, Water
  • Senior Community: No

Lot Info

  • Parcel #: 38434421151090100
  • Lot Size: < 1/4 Acre,Paved Road,Pu
  • Lot Size Sq Ft: 6752.0
  • Zoning Description: POMF20

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 4191.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2016
Sold by
Staples Steven
Bought by
Scs Properties Llc
Current Estimated Value
$692,667

Purchase Details

Closed on
Jul 24, 2014
Sold by
The Bank Of New York Mellon
Bought by
Staples Steven

Purchase Details

Closed on
Jul 17, 2013
Sold by
Rivera Felix J
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Feb 10, 1999
Sold by
Bridge Jeffrey S
Bought by
Rivera Felix J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,335
Interest Rate
6.85%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 4, 1996
Sold by
Galinski Stefan and Galinski Eugenia
Bought by
Bridge Jeffrey S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
7.83%
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
Scs Properties Llc -- Attorney
Staples Steven $128,500 Dataquick Title
The Bank Of New York Mellon $98,900 None Available
Rivera Felix J $99,400 --
Bridge Jeffrey S $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bridge Jeffrey S $99,335
Previous Owner Bridge Jeffrey S $64,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2014 12/11/14 Sold $128,500 +11.8% $65 / Sq Ft
11/11/2014 11/11/14 Pending -- -- --
05/30/2014 05/30/14 For Sale $114,900 -- $58 / 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 $10,828 $357,312 -- --
2023 $9,410 $324,829 $0 $0
2022 $8,115 $295,299 $0 $0
2021 $7,633 $282,367 $92,030 $190,337
2020 $7,005 $244,049 $92,030 $152,019
2019 $6,818 $241,857 $87,641 $154,216
2018 $6,130 $211,079 $85,075 $126,004
2017 $6,052 $207,028 $81,024 $126,004
2016 $4,625 $147,269 $0 $0
2015 $4,697 $146,527 $0 $0
2014 -- $138,434 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Meredith Markarian

    Seller's Agent in 2014

    Meredith Markarian

    The Keyes Company

    (561) 707-9625

    3 Total Sales

    Meredith Markarian
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Map

Source: BeachesMLS

MLS Number: R10045351

BeachesMLS

APN: 38-43-44-21-15-109-0100

Florida Palm Beach County Lake Worth Beach 33460 Downtown Jewel

305 S Federal Hwy 1 Hwy, Lake Worth Beach, 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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