NOT LISTED FOR SALE

Estimated Value: $463,000 - $659,000

3 Beds
3 Baths
1,620 Sq Ft
$359/Sq Ft Est. Value

Last Sold June 14, 2018

Last sale price $305,000 $188 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,871/month

55 Days on Market

Highlights

  • Water Views
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • Porch
  • Open Patio
  • Wall Furnace

About This Home

As of June 2018

Recently upgraded interiors, great location walking distance from Lake Ave and the beach. Four off street parking spaces atached to property. A great turn key investment with cash flow.

Last Agent to Sell the Property

Jack Hinkel

Steadfast Realty LLC License #3303688 Listed on: 03/20/2018

Last Buyer's Agent

Christine Jagernauth

Sandals Realty Group, Inc. License #3048777

Sandals Realty Group, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,130

Year Built

  • Built in 1970

Lot Details

  • 3,375 Sq Ft Lot

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,620 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Water Views

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 38434421151170240

Community Details

Overview

  • 3 Units
  • Lake Worth Town Of Subdivision

Building Details

  • Operating Expense $21,000
  • Net Operating Income $17,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,130

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: Dixie Highway TO 3RD ave S. go East to J St. then turn right property will be on the right side of road.
  • Year Built: 1970
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1620.0

Exterior Features

  • Exterior Features: Porch
  • View: Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Open, Porch
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 38434421151170240
  • Lot Size Sq Ft: 3375.0
  • Zoning Description: MF-20(
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 17400.0
  • Number Of Units Total: 3
  • Annual Operating Expense: 21000.0

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 4130.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2018
Closed on
Jun 14, 2018
Sold by
Moore Robert Lindo
Bought by
Boodlal Roshanie
Seller's Agent
Jack Hinkel
Steadfast Realty LLC
Buyer's Agent
Christine Jagernauth
Sandals Realty Group, Inc.
List Price
$315,000
Sold Price
$305,000
Premium/Discount to List
-$10,000
-3.17%
Current Estimated Value
$581,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,566
Avg. Annual Appreciation
9.14%
Original Mortgage
$228,750
Outstanding Balance
$206,725
Interest Rate
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$374,841

Purchase Details

Closed on
Nov 28, 2017
Sold by
Hermosa Casa Llc
Bought by
Moore Robert Lindo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2012
Sold by
Mincolla Susan
Bought by
Hermosa Casa Llc

Purchase Details

Closed on
Apr 28, 1994
Sold by
Alho Niilo S and Alho Helen M
Bought by
Mincolla Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.77%

Purchase Details

Closed on
Aug 13, 1993
Sold by
Clerk Circuit Court
Bought by
Alho Niilo S
Source: Public Records

Range of Values:

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Average Value
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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
Boodlal Roshanie $305,000 Exceptional Title Insurance
Moore Robert Lindo $270,000 Horizon Title Services Inc
Hermosa Casa Llc $86,000 Standard Title Insurance Age
Mincolla Susan $62,000 --
Alho Niilo S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boodlal Roshanie $228,750
Previous Owner Moore Robert Lindo $202,500
Previous Owner Mincolla Susan $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2018 06/14/18 Sold $305,000 -3.2% $188 / Sq Ft
05/15/2018 05/15/18 Pending -- -- --
03/20/2018 03/20/18 For Sale $315,000 -- $194 / 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 $9,924 $378,043 -- --
2023 $9,247 $343,675 $0 $0
2022 $8,434 $312,432 $0 $0
2021 $7,902 $284,029 $125,550 $158,479
2020 $7,576 $268,267 $137,700 $130,567
2019 $7,077 $246,007 $113,400 $132,607
2018 $5,325 $176,452 $81,820 $94,632
2017 $4,130 $147,288 $74,382 $72,906
2016 $3,799 $104,016 $0 $0
2015 $3,582 $94,560 $0 $0
2014 $3,412 $85,964 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10415654

BeachesMLS

APN: 38-43-44-21-15-117-0240