NOT LISTED FOR SALE

3165 Mcsherry Dr Lake Worth, FL 33461

Lake Worth Corridor Neighborhood

Estimated Value: $483,000 - $615,008

4 Beds
4 Baths
2,226 Sq Ft
$239/Sq Ft Est. Value

Last Sold January 27, 2022

Last sale price $410,000 $184 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,484/month

54 Days on Market

Highlights

  • Porch
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • Interior Lot
  • Open Patio
  • Central Heating and Cooling System

About This Home

As of January 2022

Location! Location! Great Investment property. Less than 15 minutes to Beaches and Downtown. A State Park nearby with Water skiing and Tennis courts as well as other activities. Close to Palm Beach State College giving you more options for renting. The roof was replaced in December of 2018 and a new septic system was just installed in February.

Last Agent to Sell the Property

Ana Snow

Partnership Realty Inc. License #3283121 Listed on: 11/03/2021

Partnership Realty Inc.

Last Buyer's Agent

Guillermo Londono

Partnership Realty Inc. License #3458225

Partnership Realty Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,497

Year Built

  • Built in 1966

Lot Details

  • 10,155 Sq Ft Lot
  • Fenced
  • Interior Lot

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,226 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring

Outdoor Features

  • Open Patio
  • Porch

Location

  • Flood Zone Lot

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00434430011260022

Community Details

Overview

  • 4 Units
  • Palm Beach Farms Co 7 Subdivision

Building Details

  • Operating Expense $20,000
  • Net Operating Income $24,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,497

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Congress Ave north of JFK Hospital to Prince Dr, left to Paetzold then right on MCsherry Dr.Property will be on the right
  • Year Built: 1966
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2226.0

Exterior Features

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 00434430011260022
  • Lot Size Sq Ft: 10155.0
  • Zoning Description: RM
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 24400.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 20000.0

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4497.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2021
Closed on
Jan 27, 2022
Sold by
Garcia Jose L and Garcia Sonia
Bought by
Londono Guillermo
Seller's Agent
Ana Snow
Partnership Realty Inc.
Buyer's Agent
Guillermo Londono
Partnership Realty Inc.
List Price
$389,900
Sold Price
$410,000
Premium/Discount to List
$20,100
5.16%
Current Estimated Value
$532,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,002
Avg. Annual Appreciation
7.19%
Original Mortgage
$328,000
Outstanding Balance
$303,334
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$228,668

Purchase Details

Closed on
Mar 2, 2005
Sold by
Morseland Inc
Bought by
Garcia Jose Luis and Garcia Sonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
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
Londono Guillermo $410,000 Kelk Phillips Pa
Garcia Jose Luis $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Londono Guillermo $328,000
Previous Owner Garcia Jose Luis $180,000
Closed Garcia Jose Luis $33,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2022 01/27/22 Sold $410,000 +5.2% $184 / Sq Ft
12/28/2021 12/28/21 Pending -- -- --
11/03/2021 11/03/21 For Sale $389,900 -- $175 / 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 $8,228 $436,484 -- --
2023 $7,479 $396,804 $152,965 $243,839
2022 $5,447 $210,169 $0 $0
2021 $4,852 $287,359 $107,033 $180,326
2020 $4,497 $260,298 $100,000 $160,298
2019 $4,447 $267,576 $100,000 $167,576
2018 $3,693 $229,250 $96,390 $132,860
2017 $3,234 $181,106 $48,195 $132,911
2016 $2,918 $118,635 $0 $0
2015 $2,734 $106,775 $0 $0
2014 $2,488 $97,068 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Ana Snow

    Partnership Realty Inc.

    (561) 596-9571

    1 in this area

    6 Total Sales

    Ana Snow
    Section Image
  • Guillermo Londono

    Buyer's Agent in 2022

    Guillermo Londono

    Partnership Realty Inc.

    (561) 306-4499

    1 in this area

    23 Total Sales

    Guillermo Londono
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10756568

BeachesMLS

APN: 00-43-44-30-01-126-0022

Florida Palm Beach County Lake Worth 33461 Lake Worth Corridor

3165 Mcsherry Dr, Lake Worth, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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