Seller's Agent in 2025
Jon Allen
Illustrated Properties LLC
(561) 312-8713
4 in this area
80 Total Sales
307 N Federal Hwy Lake Worth, FL 33460
Mango Groves Neighborhood
4
Beds
3.5
Baths
1,732
Sq Ft
6,502
Sq Ft Lot
Highlights
- Heated Pool
- Spanish Architecture
- Eat-In Kitchen
- Garden View
- Porch
- Impact Glass
About This Home
As of April 2025Previously operated as the Banana Inn B & B in the '90s, this charming Mediterranean Revival home continues to host out-of-town travelers seeking the sun and warmth of South Florida. Offered with all furnishings and prospective bookings, if desired, make it a ready-made investment. The home has a successful book of business and grossed over $120K in 2022. Detailed pro forma available upon request to serious buyers only. The walkability to the beach and to downtown which is just steps away with its sidewalk cafes, art galleries and shops make this property the ideal vacation spot. Current zoning allows for a B&B and/or professional office/businesses. The home stands gracefully beneath an olive tree, welcoming visitors with an arched porch entry. Inside you'll discover a trove
Last Agent to Sell the Property
Illustrated Properties LLC License #3250090 Listed on: 09/27/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,754
Year Built
- Built in 1902
Lot Details
- 6,502 Sq Ft Lot
- Fenced
- Property is zoned MU-E(c
Property Views
- Garden
- Pool
Home Design
- Spanish Architecture
- Frame Construction
- Spanish Tile Roof
- Tile Roof
- Composition Roof
Interior Spaces
- 1,732 Sq Ft Home
- 2-Story Property
- Furnished or left unfurnished upon request
- Ceiling Fan
- Decorative Fireplace
- Combination Kitchen and Dining Room
- Ceramic Tile Flooring
- Impact Glass
Kitchen
- Eat-In Kitchen
- Electric Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- Over 1 Space Per Unit
- Driveway
Outdoor Features
- Heated Pool
- Open Patio
- Porch
Schools
- North Grade K-8 Elementary School
Utilities
- Central Heating and Cooling System
- Gas Water Heater
- Cable TV Available
Community Details
- Lake Worth Town Of Subdivision
Listing and Financial Details
- Assessor Parcel Number 38434421150940150
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 5, 2025
Sold by
Villado Michael
Bought by
Zen Properties Us Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$349,405
Interest Rate
6.83%
Mortgage Type
Credit Line Revolving
Estimated Equity
$452,571
Purchase Details
Listed on
Sep 27, 2023
Closed on
Apr 2, 2025
Sold by
Creative Lifestyles Llc
Bought by
Villado Michael
Seller's Agent
Jon Allen
Illustrated Properties LLC
Buyer's Agent
Sara Schapiro
KW Reserve
List Price
$989,000
Sold Price
$800,000
Premium/Discount to List
-$189,000
-19.11%
Views
145
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.55%
Original Mortgage
$350,000
Outstanding Balance
$349,405
Interest Rate
6.83%
Mortgage Type
Credit Line Revolving
Estimated Equity
$452,571
Purchase Details
Listed on
Apr 2, 2018
Closed on
Jul 11, 2018
Sold by
Sovocool Carole A
Bought by
Creative Lifestyles Llc
Seller's Agent
Bo Allen
Illustrated Properties LLC
Buyer's Agent
Bo Allen
Illustrated Properties LLC
List Price
$369,000
Sold Price
$250,000
Premium/Discount to List
-$119,000
-32.25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.87%
Original Mortgage
$259,070
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 16, 2013
Sold by
Sovocool John and Sovocool Carol A
Bought by
Sovoccool Carole A
Purchase Details
Closed on
Sep 28, 2011
Sold by
Mease Jeffrey L
Bought by
Sovocool John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.26%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 3, 1997
Sold by
Rose William H and Rose Gloria
Bought by
Trepanier Sylvain
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,172
Interest Rate
7.38%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $800,000 | First International Title | |
| Warranty Deed | $250,000 | Progressive Title Solutions | |
| Interfamily Deed Transfer | $45,000 | Attorney | |
| Warranty Deed | $173,000 | Universal Land Title Llc | |
| Warranty Deed | $122,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $350,000 | Credit Line Revolving | |
| Previous Owner | $476,250 | New Conventional | |
| Previous Owner | $343,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $259,070 | New Conventional | |
| Previous Owner | $110,000 | New Conventional | |
| Previous Owner | $50,600 | Credit Line Revolving | |
| Previous Owner | $131,500 | Balloon | |
| Previous Owner | $15,000 | Credit Line Revolving | |
| Previous Owner | $119,172 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/02/2025 04/02/25 | Sold | $800,000 | -5.8% | $462 / Sq Ft |
| 02/05/2025 02/05/25 | Pending | -- | -- | -- |
| 08/14/2024 08/14/24 | Price Changed | $849,000 | -3.0% | $490 / Sq Ft |
| 07/15/2024 07/15/24 | Price Changed | $875,000 | -2.7% | $505 / Sq Ft |
| 03/26/2024 03/26/24 | Price Changed | $899,000 | -5.3% | $519 / Sq Ft |
| 11/24/2023 11/24/23 | Price Changed | $949,000 | -4.0% | $548 / Sq Ft |
| 09/27/2023 09/27/23 | For Sale | $989,000 | +295.6% | $571 / Sq Ft |
| 07/11/2018 07/11/18 | Sold | $250,000 | -32.2% | $152 / Sq Ft |
| 06/11/2018 06/11/18 | Pending | -- | -- | -- |
| 04/02/2018 04/02/18 | For Sale | $369,000 | -- | $224 / Sq Ft |
Source: BeachesMLS
Tax History Compared to Growth
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 | $7,547 | $277,331 | -- | -- |
| 2023 | $6,631 | $252,119 | $0 | $0 |
| 2022 | $5,754 | $229,199 | $0 | $0 |
| 2021 | $5,375 | $208,363 | $61,964 | $146,399 |
| 2020 | $5,207 | $199,957 | $61,964 | $137,993 |
| 2019 | $4,893 | $185,374 | $59,038 | $126,336 |
| 2018 | $4,374 | $167,292 | $57,348 | $109,944 |
| 2017 | $4,325 | $165,485 | $54,617 | $110,868 |
| 2016 | $4,269 | $165,088 | $0 | $0 |
| 2015 | $4,268 | $160,790 | $0 | $0 |
| 2014 | $4,052 | $150,088 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jon Allen
-
Erin Allen
Seller Co-Listing Agent in 2025
Erin Allen
Illustrated Properties LLC
(561) 312-5925
8 in this area
131 Total Sales
-
Sara Schapiro
S
Buyer's Agent in 2025
Sara Schapiro
KW Reserve
(516) 297-6926
1 in this area
40 Total Sales
-
Bo Allen
Seller's Agent in 2018
Bo Allen
Illustrated Properties LLC
(561) 329-9997
6 in this area
148 Total Sales
Map
Source: BeachesMLS
MLS Number: R10922727
APN: 38-43-44-21-15-094-0150
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