NOT LISTED FOR SALE

315 S J St Lake Worth, FL 33460

Downtown Jewel Neighborhood

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

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

Last Sold November 29, 2017

Last sale price $275,900 $170 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $3,871/month

103 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

About This Home

As of November 2017

Excellent Multi-family building with three 1/1 apartments in a quiet part of Lake Worth. Bldg is concrete construction and in great condition; each apartment is well-maintained. Great tenants, quiet, and a money maker! 100% Occupied with tenants paying all utilities. Property is ready to be sold with or without tenants. Take advantage of this high income producing property. Perfect for new or experienced investors.

Last Agent to Sell the Property

Geoffrey Mullen

MMLS Assoc.-Inactive Member License #3133762 Listed on: 06/07/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,799

Year Built

  • Built in 1970

Lot Details

  • 3,398

Home Design

  • Triplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Tenant pays for exterior electric, sewer, water
  • Assessor Parcel Number 38434421151170240

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Lake Worth Town Subdivision

Building Details

  • Operating Expense $4,710
  • Net Operating Income $27,690

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,799

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1970
  • Property Sub Type: Triplex
  • Directions: DIXIE HW TO 3RD AVE S, EAST TO S J ST, THEN S TO PROPERTY ON RIGHT SIDE ST
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Triplex
  • Subdivision Name: Lake Worth Town
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 1620
  • Possible Use: Unknown/Withheld
  • Stories: 1

Exterior Features

  • Roof: Comp Shingle Roof, Shingle
  • Exterior Features: None
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association: No
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Parcel Number: 38434421151170240
  • Zoning: Mf20
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Net Operating Income: 27690
  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Annual Operating Expense: 4710

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 3799

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2018
Sold by
Moore Robert Lindo
Bought by
Boodlal Roshanie
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.
Original Mortgage
$228,750
Outstanding Balance
$206,725
Interest Rate
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$374,841

Purchase Details

Listed on
Jun 7, 2017
Closed on
Nov 28, 2017
Sold by
Hermosa Casa Llc
Bought by
Moore Robert Lindo
Seller's Agent
Geoffrey Mullen
MMLS Assoc.-Inactive Member
List Price
$275,900
Sold Price
$275,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.87%
Original Mortgage
$202,500
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 13, 2011
Closed on
Mar 26, 2012
Sold by
Mincolla Susan
Bought by
Hermosa Casa Llc
Seller's Agent
Jeff Tricoli
KW Reserve Palm Beach
Buyer's Agent
Geoffrey Mullen
MMLS Assoc.-Inactive Member
List Price
$100,000
Sold Price
$86,000
Premium/Discount to List
-$14,000
-14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.78%

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 Prior Sale
11/29/2017 11/29/17 Sold $275,900 0.0% $170 / Sq Ft
09/19/2017 09/19/17 For Sale $275,900 0.0% $170 / Sq Ft
09/16/2017 09/16/17 Pending -- -- --
08/24/2017 08/24/17 Off Market $275,900 -- --
08/21/2017 08/21/17 For Sale $275,900 0.0% $170 / Sq Ft
08/04/2017 08/04/17 Off Market $275,900 -- --
08/03/2017 08/03/17 Pending -- -- --
07/25/2017 07/25/17 For Sale $275,900 +8.2% $170 / Sq Ft
06/29/2017 06/29/17 Pending -- -- --
06/05/2017 06/05/17 For Sale $255,000 +196.5% $157 / Sq Ft
03/26/2012 03/26/12 Sold $86,000 -14.0% $53 / Sq Ft View Prior Sale
02/25/2012 02/25/12 Pending -- -- --
05/13/2011 05/13/11 For Sale $100,000 -- $62 / Sq Ft
Source: MIAMI REALTORS® MLS

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

  • G

    Seller's Agent in 2017

    Geoffrey Mullen

    MMLS Assoc.-Inactive Member

  • Jeff Tricoli

    Seller's Agent in 2012

    Jeff Tricoli

    KW Reserve Palm Beach

    (561) 220-2258

    1 in this area

    1,761 Total Sales

    Jeff Tricoli
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Map

Source: MIAMI REALTORS® MLS

MLS Number: R10340814

MIAMI REALTORS® MLS

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

Florida Palm Beach County Lake Worth 33460 Downtown Jewel

315 S J St, Lake Worth, FL

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