NOT LISTED FOR SALE

3172 Ford Rd Unit s 72,78 & 84 Lake Worth, FL 33461

Palm Springs Village Neighborhood

Estimated Value: $638,000 - $860,000

-- Bed
3 Baths
3,246 Sq Ft
$238/Sq Ft Est. Value

Last Sold February 28, 2017

Last sale price $355,000 $109 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $4,863/month

50 Days on Market

Highlights

  • Garden View
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

As of February 2017

WHAT A GREAT INVESTMENT!!! THIS IS A TRIPLEX OFFERING 2 UNITS WITH 3 BEDROOMS, 2.5 BATHS, MASTER WITH IT'S OWN ENSUITE, KITCHEN, OVERSIZED LIVING ROOM & FRENCH DOORS LEADING OUT TO THE BACKYARD AND A DRIVEWAY FOR THEIR OWN VEHICLE. THE OTHER UNIT OFFERS 2 BEDROOMS, 1.5 BATHS, TILE THROUGHOUT, KITCHEN & FRENCH DOORS LEADING OUT TO BACKYARD. ALL UNITS HAVE THEIR OWN FULL SIZE WASHER & DRYER, BACKYARD AND JACK & JILL BATHROOMS. ROOF WAS REPLACED IN 2005. TENANTS PAY THEIR OWN ELECTRICITY, WATER/SEWER & CABLE. ALL MEASUREMENTS ARE APPROXIMATE.

Last Agent to Sell the Property

Bonnie Nisenbaum

EXP Realty LLC License #3069961 Listed on: 12/09/2016

EXP Realty LLC

Last Buyer's Agent

Blanca Jimenez

CENTURY 21 Tenace Realty License #628066

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,128

Year Built

  • Built in 1984

Lot Details

  • 0.34 Acre Lot
  • Sprinkler System

Home Design

  • Triplex
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,246 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Garden Views

Flooring

  • Carpet
  • Ceramic Tile

Schools

  • Palm Springs Elementary School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $41,400
  • Rent includes electricity, cable TV, water
  • Assessor Parcel Number 70434419150000130

Community Details

Overview

  • 4 Units
  • Pine DIV Subdivision

Building Details

  • Operating Expense $9,828
  • Net Operating Income $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,128

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: Military Trail north to 10th Avenue, turn right, head east pass Kirk Rd., first street on left is Ford Rd., turn left and property is on the right.
  • Year Built: 1984
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Living Area: 3246.0
  • Window Features: Blinds

Exterior Features

  • View: Garden
  • Lot Features: Sprinklers Automatic
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Cable TV, Water
  • Senior Community: No
  • Association Fee Frequency: Monthly

Schools

  • Elementary School: Palm Springs

Lot Info

  • Parcel #: 70434419150000130
  • Lot Size Sq Ft: 14922.0
  • Zoning Description: RS(cit
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 1200.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 9828.0
  • Total Actual Rent: 41400.0

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 4128.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2020
Sold by
Jarquin Hazel R
Bought by
Duarte Ovidio A and Jarquin Hazel R
Current Estimated Value
$772,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,300
Outstanding Balance
$228,590
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$543,769

Purchase Details

Listed on
Dec 9, 2016
Closed on
Feb 28, 2017
Sold by
Terlep Mark
Bought by
Jarquin Hazel R
Seller's Agent
Bonnie Nisenbaum
EXP Realty LLC
Buyer's Agent
Blanca Jimenez
CENTURY 21 Tenace Realty
List Price
$389,900
Sold Price
$355,000
Premium/Discount to List
-$34,900
-8.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.39%
Original Mortgage
$261,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2005
Sold by
Raley Louis A
Bought by
Terlep Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,400
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 2003
Sold by
Anderson Edward and Anderson Barbara
Bought by
Raley Louis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,310
Interest Rate
5.95%
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
Duarte Ovidio A -- Home Title America Inc
Duarte Ovidio A -- Home Title America
Jarquin Hazel R $355,000 Attorney
Terlep Mark $432,000 --
Raley Louis A $140,000 Fidelity Natl Title Ins Co O
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duarte Ovidio A $256,300
Closed Duarte Ovidio A $256,300
Previous Owner Jarquin Hazel R $261,000
Previous Owner Terlep Mark $302,400
Previous Owner Raley Louis A $115,310
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2017 02/28/17 Sold $355,000 -9.0% $109 / Sq Ft
01/29/2017 01/29/17 Pending -- -- --
12/09/2016 12/09/16 For Sale $389,900 -- $120 / 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 $9,377 $387,796 -- --
2023 $8,758 $352,542 $0 $0
2022 $8,102 $320,493 $0 $0
2021 $6,763 $291,357 $134,569 $156,788
2020 $7,095 $308,714 $117,000 $191,714
2019 $6,559 $275,526 $91,800 $183,726
2018 $6,159 $264,635 $87,794 $176,841
2017 $4,552 $255,679 $60,548 $195,131
2016 $4,128 $133,670 $0 $0
2015 $3,911 $121,518 $0 $0
2014 $3,536 $110,471 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10290393

BeachesMLS

APN: 70-43-44-19-15-000-0130