NOT LISTED FOR SALE

309 3rd Ave N Unit 1 Lake Worth, FL 33460

Parrot Cove Neighborhood

Estimated Value: $491,000 - $751,382

4 Beds
4 Baths
1,808 Sq Ft
$324/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $240,000 $133 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $3,850/month

31 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • Central Heating and Cooling System

About This Home

As of September 2019

Great fixer upper with excellent rental potential. Close to downtown Lake worth and just 3 blocks from the golf course. Priced to sell in a much desired neighborhood.

Last Agent to Sell the Property

Michael Bruder

Premier Brokers International License #3203735 Listed on: 07/30/2019

Premier Brokers International

Last Buyer's Agent

Sara Tilly

Premier Brokers International License #596612

Premier Brokers International

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,165

Year Built

  • Built in 1939

Lot Details

  • 2,200

Home Design

  • Duplex
  • Frame Construction
  • Tar and Gravel Roof

Interior Spaces

  • 1,808 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Patio
  • 2,200 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 38434421150420091

Community Details

Overview

  • 2 Units
  • Lake Worth Town Of Subdivision

Building Details

  • Operating Expense $8,600
  • Net Operating Income $16,480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,165

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: 3 blocks north of Lucerne just east of Federal Hwy.
  • Year Built: 1939
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Carpet, Ceramic Tile, Wood
  • Living Area: 1808.0

Exterior Features

  • Exterior Features: Patio
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Frame
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Tar/Gravel

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 38434421150420091
  • Lot Size Sq Ft: 2200.0
  • Zoning Description: SF-7(c
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 16480.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 8600.0

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 5165.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2019
Closed on
Sep 30, 2019
Sold by
309 3Rd Ave Llc
Bought by
Shatto Loretta B and Shatto Daryl W
Seller's Agent
Michael Bruder
Premier Brokers International
Buyer's Agent
Sara Tilly
Premier Brokers International
List Price
$237,771
Sold Price
$240,000
Premium/Discount to List
$2,229
0.94%
Current Estimated Value
$586,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,596
Avg. Annual Appreciation
15.83%
Original Mortgage
$180,000
Outstanding Balance
$157,689
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$428,907

Purchase Details

Closed on
May 14, 2009
Sold by
Bruder Michael A
Bought by
309 3Rd Ave Llc

Purchase Details

Closed on
Sep 9, 2008
Sold by
Lasalle Bank Na
Bought by
Bruder Michael A

Purchase Details

Closed on
Aug 27, 2008
Sold by
Wells Fargo Bank Na
Bought by
Lasalle Bank Na and Ms 2006-3Ar

Purchase Details

Closed on
Apr 7, 2008
Sold by
Castillo Laura and Soriano Amin A
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Oct 6, 2006
Sold by
Castillo Laura
Bought by
Castillo Laura and Soriano Amin A

Purchase Details

Closed on
Dec 9, 2005
Sold by
Trent Virginia H
Bought by
Castillo Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
7.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 31, 2002
Sold by
Neal Carson and Neal Laura
Bought by
Trent Virginia H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 2002
Sold by
Eggleston Kenneth
Bought by
Neal Carson and Neal Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 1995
Sold by
Housing & Urban Dev
Bought by
Eggleston Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,450
Interest Rate
7.79%
Mortgage Type
Purchase Money Mortgage
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
Shatto Loretta B $240,000 Firm Title Corporation
309 3Rd Ave Llc -- None Available
Bruder Michael A $89,000 Attorney
Lasalle Bank Na -- Attorney
Wells Fargo Bank Na -- Attorney
Castillo Laura $125,510 Attorney
Castillo Laura $320,000 --
Trent Virginia H $185,000 First American Title Ins Co
Neal Carson $105,000 Standard Title Ins Agency In
Eggleston Kenneth $40,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shatto Loretta B $180,000
Previous Owner Castillo Laura $288,000
Previous Owner Trent Virginia H $166,500
Previous Owner Neal Carson $94,500
Previous Owner Eggleston Kenneth $36,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2019 09/30/19 Sold $240,000 +0.9% $133 / Sq Ft
08/31/2019 08/31/19 Pending -- -- --
07/30/2019 07/30/19 For Sale $237,771 0.0% $132 / Sq Ft
10/17/2014 10/17/14 For Rent $1,000 +5.3% --
10/17/2014 10/17/14 Rented $950 -2.6% --
02/05/2013 02/05/13 For Rent $975 0.0% --
02/05/2013 02/05/13 Rented $975 -- --
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 $9,285 $350,238 -- --
2023 $8,798 $318,398 $0 $0
2022 $8,241 $289,453 $0 $0
2021 $7,185 $290,941 $134,100 $156,841
2020 $6,473 $239,217 $110,000 $129,217
2019 $5,855 $241,237 $110,000 $131,237
2018 $5,165 $202,442 $93,555 $108,887
2017 $4,650 $164,576 $69,300 $95,276
2016 $4,561 $162,742 $0 $0
2015 $4,463 $153,295 $0 $0
2014 $4,265 $139,359 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Michael Bruder

    Premier Brokers International

    (561) 350-8633

    Michael Bruder
    Section Image

  • S

    Buyer's Agent in 2019

    Sara Tilly

    Premier Brokers International

    (561) 573-8267

    17 Total Sales

    Sara Tilly
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10550382

BeachesMLS

APN: 38-43-44-21-15-042-0091

Florida Palm Beach County Lake Worth 33460 Parrot Cove

309 3rd Ave N Unit 1, Lake Worth, FL

This home is located at 309 3rd Ave N Unit 1, Lake Worth, FL 33460 since 30 July 2019 and is currently estimated at $586,596, approximately $324 per square foot. This property was built in 1939. 309 3rd Ave N Unit 1 is a home located in Palm Beach County with nearby schools including Lake Worth High School, North Grade Elementary School, and Lake Worth Community Middle School.

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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