$86,000
SOLD NOV 15, 2021
0.07 Acre
$1,228,571 Price per Acre
3,375 Sq Ft Lot

Recently Sold

$67 Per Sq Ft

14% Below List Price

22 Days on Market

About This Lot

As of September 2022

LAND AHOY! FULLY-CLEARED VACANT LAND IN LAKE WORTH BEACH! This parcel is favorably located just three blocks NORTH of value-defining Lake Avenue. As you see in the aerial photo, several identical-measurement parcels on this block have already been built as hefty-sized 3 bedroom / 2 bath CBS homes. You should do that too! Sell the home you build, for above $320,000, or hold and earn monthly rental income above $2,700! (Figures based on the following two actual, real, valid, recent nearby comparables: 428 N. D St. closed in July at $320,000! 222 N. D St. rented in July at $2,700 / mo! Attractive numbers!) Three adjacent lots recently up for sale received multiple offers, swiftly went under contract. This one will too. NOT IN A HISTORIC DISTRICT! (Hooray for freedom!).

Last Agent to Sell the Property

Bret Taylor

Southdale Properties Inc. License #3098864

Last Buyer's Agent

Yanil Espinal

Treasure Property Group LLC License #708033

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $702

Year Built

  • 2022

Lot Details

  • 3,375 Sq Ft Lot
  • Interior Lot
  • Site Plan Filed
  • Property is zoned SF-TF-14

Location

  • City Lot

Community Details

  • Town Of Lake Worth: Tropi Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38434421150760250

Property Details

Property Type

Land

Est. Annual Taxes

$702

Year Built

2022

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Take Lake Avenue to North D Street and turn North. Then turn East onto 4th Avenue North. Then turn South onto North E Street. Property is on the West side of the street.
  • Special Features: None
  • Year Built: 2022

Exterior Features

  • Lot Features: City Lot, Interior Lot
  • Waterfront: No

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 38434421150760250
  • Development Status: Site Plan Filed
  • Lot Size: 25
  • Lot Size Sq Ft: 3375.0
  • Zoning Description: SF-TF-14
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 702.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2022
Closed on
Sep 12, 2022
Sold by
Lazo Venture Llc
Bought by
Luongo Jason
Seller's Agent
Yanil Espinal
Treasure Property Group LLC
Buyer's Agent
David Shiling
EXP Realty LLC
List Price
$390,000
Sold Price
$390,000
Total Days on Market
22
Current Estimated Value
$432,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,876
Avg. Annual Appreciation
4.02%
Original Mortgage
$370,500
Outstanding Balance
$355,776
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$78,014

Purchase Details

Listed on
Sep 23, 2021
Closed on
Nov 15, 2021
Sold by
Buyers Investment Group Ltd Inc
Bought by
Lazo Venture Llc
Seller's Agent
Bret Taylor
Southdale Properties Inc.
Buyer's Agent
Yanil Espinal
Treasure Property Group LLC
List Price
$99,900
Sold Price
$86,000
Premium/Discount to List
-$13,900
-13.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
531.96%

Purchase Details

Closed on
Apr 3, 2003
Sold by
Mercurio Carlo
Bought by
Buyers Investment Group Ltd Inc

Purchase Details

Closed on
Jun 16, 1999
Sold by
Palm Beach County
Bought by
Mercurio Carlo

Map

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 Type Sale Price Title Company
Warranty Deed $390,000 Florida Land Title
Warranty Deed $86,000 Florida Land Title Ins Llc
Quit Claim Deed $1,500 --
Trustee Deed $1,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $370,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2022 09/12/22 Sold $390,000 0.0% $306 / Sq Ft
08/13/2022 08/13/22 Pending -- -- --
06/16/2022 06/16/22 For Sale $390,000 +353.5% $306 / Sq Ft
11/15/2021 11/15/21 Sold $86,000 -13.9% $67 / Sq Ft
10/16/2021 10/16/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $99,900 -- $78 / Sq Ft
Source: BeachesMLS

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 $7,441 $318,656 -- --
2023 $6,984 $298,415 $76,375 $222,040
2022 $1,837 $66,750 -- --
2021 $737 $24,650 $24,650 $0
2020 $701 $22,100 $22,100 $0
2019 $673 $22,100 $22,100 $0
2018 $609 $17,337 $17,337 $0
2017 $585 $14,448 $14,448 $0
2016 $569 $9,192 $0 $0
2015 $525 $8,356 $0 $0
2014 $585 $7,596 $0 $0
Source: Public Records

Source: BeachesMLS

MLS Number: R10747563

BeachesMLS

APN: 38-43-44-21-15-076-0250