NOT LISTED FOR SALE

Estimated Value: $302,000

0 Acre
-- Price per Acre
0 Sq Ft Lot

Last Sold January 24, 2014

Last sale price $6,300 $7 Per Sq Ft

Est. 4,694% increase in value since last sale

Current estimated payment $1,667/month

5 Days on Market

About This Lot

As of January 2014

Vacant land in Lake Worth took the hardest hit with the market collapse, presently making it a brilliant opportunity for real estate investors. This particular residential parcel at the height of the market would have sold for around $65,000. It is currently priced at only $7,000! Dizzying but true. Its location is ideal now and for the future, just three blocks from Lake Avenue (the city's flagship commercial street). Many sharp buyers are ''land banking''... Stockpiling vacant land into their portfolios for development or resale later. Though you may not crucially need vacant land right now, wouldn't it be smart to acquire these bargain-priced deals while the chance still exits? You'll be glad you did.

Last Agent to Sell the Property

Bret Taylor

Southdale Properties Inc. License #3098864 Listed on: 12/27/2013

Last Buyer's Agent

Bret Taylor

Southdale Properties Inc. License #3098864 Listed on: 12/27/2013

Property Details

Property Type

  • Land

Lot Details

  • Lot Dimensions are 25' x 135'
  • West Facing Home
  • Interior Lot

Additional Features

  • City Lot
  • Water Not Available

Community Details

  • No Home Owners Association
  • Lake Worth Town Of In Pb 2 Pgs 29 To 40 Inc Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38434421151250120

Property Details

Property Type

Land

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • Directions: Take Lake Avenue to South E Street and turn South. Property is on East side of street.
  • DelayedMarketingYN: No
  • Special Features: None

Exterior Features

  • Lot Features: City Lot, Interior Lot
  • Waterfront: No
  • Direction Faces: West

Utilities

  • Utilities: None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 38434421151250120
  • Current Use: Other
  • Development Status: Raw Land
  • Lot Size: 25' x 135'
  • Possible Use: Single Family
  • Mobile Dim Units: Feet
  • Zoning: SFTF14

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 1839.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2014
Sold by
Florida Native Properties Llc
Bought by
3 Erin 8202 Llc
Current Estimated Value
$302,000

Purchase Details

Listed on
Dec 27, 2013
Closed on
Jan 22, 2014
Sold by
Homefree Usa
Bought by
Florida Native Properties Llc
Seller's Agent
Bret Taylor
Southdale Properties Inc.
Buyer's Agent
Bret Taylor
Southdale Properties Inc.
List Price
$7,000
Sold Price
$6,300
Premium/Discount to List
-$700
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.80%

Purchase Details

Closed on
Jun 20, 2013
Sold by
Us Bank National Association
Bought by
Homefree Usa

Purchase Details

Closed on
Mar 5, 2012
Sold by
Jesus Ana D and Dejesus Ana D
Bought by
U S Bank National Association

Purchase Details

Closed on
Apr 2, 1996
Sold by
Fairbanks Dorothy W
Bought by
Dejesus Ana D

Purchase Details

Closed on
May 3, 1995
Sold by
Fairbanks David L
Bought by
Fairbanks David L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
3 Erin 8202 Llc $9,900 Attorney
Florida Native Properties Llc $6,300 Attorney
Homefree Usa $31,519 Dataquick Title
U S Bank National Association $19,100 None Available
Dejesus Ana D $23,000 --
Fairbanks David L -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2014 01/24/14 Sold $6,300 -10.0% $7 / Sq Ft
01/01/2014 01/01/14 Pending -- -- --
12/27/2013 12/27/13 For Sale $7,000 -- $7 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $1,392 $21,358 -- --
2024 $1,392 $19,416 -- --
2023 $1,151 $17,651 $0 $0
2022 $1,307 $16,046 -- --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10003398

BeachesMLS (Greater Fort Lauderdale)

APN: 38-43-44-21-15-125-0120

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