NOT LISTED FOR SALE

Estimated Value: $514,234 - $942,000

4 Beds
4 Baths
2,620 Sq Ft
$275/Sq Ft Est. Value

Last Sold June 18, 2020

Last sale price $400,000 $153 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,581/month

202 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Fenced
  • Ceramic Tile Flooring

About This Home

As of June 2020

***FULLY OCCUPIED BY AMAZING TENANTS! ***A WONDERFUL INVESTMENT OPPORTUNITY IN THE HEART OF HISTORIC DOWNTOWN LAKE WORTH. ****NEW ROOF***NEW IMPACT HURRICANE WINDOW IN BUILDING NUMBER TWO***. TOTAL OF 4 UNITS. 2 BUILDINGS WITH 2 UNITS IN EACH BUILDING. ELECTRICAL PANEL FOR EACH UNIT AND A SEPARATE METER. COMMUNAL BARBECUE/RELAXING AREA FOR EACH BUILDING. ONE IN THE CENTER OF THE PROPERTY FOR USE BY ALL TENANTS AND ANOTHER IN FRONT OF THE MAIN BUILDING. QUIET AND DESIRABLE SECTION OF N J STREET.PLEASE DO NOT DISTURB TENANTS!

Last Agent to Sell the Property

Estee Shoulklaper

VP Realty Group Inc License #3333647 Listed on: 10/29/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,801

Year Built

  • Built in 1926

Lot Details

  • 5,131 Sq Ft Lot
  • Fenced
  • Sprinkler System

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Metal Roof

Interior Spaces

  • 2,620 Sq Ft Home
  • 2-Story Property

Flooring

  • Parquet
  • Laminate
  • Ceramic Tile

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 38434427210000060

Community Details

Overview

  • 4 Units
  • Lake Worth Town Of Subdivision

Building Details

  • Operating Expense $14,541
  • Net Operating Income $33,459

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,801

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: Going South on N Dixie Hwy Take a left onto 4th Ave N, then take a right to N J St. Property is on the left.
  • Year Built: 1926
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Laminate, Parquet
  • Living Area: 2620.0

Exterior Features

  • Exterior Features: Fence
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame
  • Property Condition: Resale
  • Roof: Composition, Metal, Shingle

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Wall Furnace
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 38434427210000060
  • Lot Size Sq Ft: 5131.0
  • Zoning Description: MF-20
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 33459.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 14541.0

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 6801.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2024
Sold by
Delaney Cale and Delaney Michael
Bought by
Prov163 Llc
Current Estimated Value
$665,989

Purchase Details

Listed on
Oct 29, 2019
Closed on
Jun 12, 2020
Sold by
D M I Fl Llc
Bought by
Delaney Cale and Delaney Michael
Seller's Agent
Estee Shoulklaper
VP Realty Group Inc
List Price
$498,000
Sold Price
$400,000
Premium/Discount to List
-$98,000
-19.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.82%
Original Mortgage
$300,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 9, 2015
Closed on
Oct 29, 2015
Sold by
Biagiotti Michael L and Biagiotti Melissa A
Bought by
Dmi Fl Llc
Seller's Agent
Cole Leavitt
CPRE Organization Inc
Buyer's Agent
Cole Leavitt
CPRE Organization Inc
List Price
$245,000
Sold Price
$218,000
Premium/Discount to List
-$27,000
-11.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.98%

Purchase Details

Closed on
Feb 14, 2003
Sold by
Koppel Dale and Koppel Terry
Bought by
Biagiotti Michael L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,215
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 15, 2002
Sold by
Koppel Dannay Rose
Bought by
Koppel Dale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 1998
Sold by
Cagle David L and Cagle Kimberly
Bought by
Koppel Dale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
7.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 1994
Sold by
Buch David E
Bought by
Cagle David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200
Interest Rate
8.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 1994
Sold by
Milne George D and Milne Jane G
Bought by
Southern Winds Realty Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200
Interest Rate
8.68%
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
Prov163 Llc -- None Listed On Document
Delaney Cale $400,000 Landmark Title Of Fl Inc
Dmi Fl Llc $218,000 Gold Coast Title Co Svcs Inc
Biagiotti Michael L $175,000 Ace Title Services Inc
Koppel Dale -- J/T Community Title
Koppel Dale $95,000 --
Cagle David L $43,000 --
Southern Winds Realty Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Delaney Cale $300,000
Previous Owner Biagiotti Michael L $162,215
Previous Owner Koppel Dale $119,000
Previous Owner Koppel Dale $76,000
Previous Owner Cagle David L $1,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2020 06/18/20 Sold $400,000 -19.7% $153 / Sq Ft
05/19/2020 05/19/20 Pending -- -- --
10/29/2019 10/29/19 For Sale $498,000 +128.4% $190 / Sq Ft
10/29/2015 10/29/15 Sold $218,000 -11.0% $105 / Sq Ft
09/29/2015 09/29/15 Pending -- -- --
05/09/2015 05/09/15 For Sale $245,000 -- $118 / 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 $11,216 $413,409 -- --
2023 $10,131 $375,826 $185,100 $190,726
2022 $9,825 $358,594 $0 $0
2021 $9,335 $327,378 $167,400 $159,978
2020 $8,252 $321,611 $183,600 $138,011
2019 $7,673 $291,617 $151,200 $140,417
2018 $6,801 $239,007 $109,094 $129,913
2017 $6,281 $204,935 $99,176 $105,759
2016 $5,757 $178,449 $0 $0
2015 $4,490 $103,627 $0 $0
2014 $4,329 $94,206 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10573425

BeachesMLS

APN: 38-43-44-21-15-088-0060