NOT LISTED FOR SALE

Estimated Value: $304,128 - $428,000

2 Beds
2 Baths
1,012 Sq Ft
$380/Sq Ft Est. Value

Last Sold January 26, 2017

Last sale price $112,000 $111 Per Sq Ft

Est. 243% increase in value since last sale

Current estimated payment $2,617/month

Highlights

  • Interior Lot
  • Shed
  • No Heating
  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring

About This Home

As of January 2017

Fully rented CBS legal-duplex (two individually metered units)! Sturdy concrete block construction provides valuable peace of mind during storm season. Ceramic tile floors throughout both apartments brings the resilience factor inside too! Definitely a hassle-free asset to own. Each apartment has two entrance doors (four exterior doors total)... Very convenient and appealing for roommates. Kitchens feature real wood cabinetry, electric is updated, off-street parking in front, deep yard in back. This duplex sold for $193,000 at the height of the market (2006)... Sizable upside potential ahead! Prime location now and for the future, just three blocks North of Lake Avenue, and biking distance to the beach. A smart investment for the preservation and rapid growth of your capital.

Last Agent to Sell the Property

Bret Taylor

Southdale Properties Inc. License #3098864 Listed on: 12/26/2016

Last Buyer's Agent

Bret Taylor

Southdale Properties Inc. License #3098864 Listed on: 12/26/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,068

Year Built

  • Built in 1955

Lot Details

  • 5,053

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,012 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Additional Features

  • Shed
  • Interior Lot

Community Details

  • 2 Units
  • Town Of Lake Worth: Tropi Subdivision

Listing and Financial Details

  • Total Actual Rent $10,800
  • Rent includes electricity
  • Assessor Parcel Number 38434421150780211

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,068

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Take Lake Avenue to North F Street and turn North. Property is on the West side of the street.
  • Year Built: 1955
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1012.0

Exterior Features

  • Exterior Features: Shed
  • Lot Features: Interior Lot
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Other Structures: Shed(s)
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 38434421150780211
  • Zoning Description: SfTf14

Rental Info

  • Tenant Pays: Exterior Electric

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 2068.0

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 10800.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2017
Sold by
North F Street Llc
Bought by
King David Real Estate Investment Holdin
Total Days on Market
0
Current Estimated Value
$384,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,862
Outstanding Balance
$5,011
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$379,595

Purchase Details

Listed on
Dec 26, 2016
Closed on
Jan 26, 2017
Sold by
Speck Gary
Bought by
321 North F Street Llc
Seller's Agent
Bret Taylor
Southdale Properties Inc.
Buyer's Agent
Bret Taylor
Southdale Properties Inc.
List Price
$135,000
Sold Price
$112,000
Premium/Discount to List
-$23,000
-17.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.94%

Purchase Details

Closed on
Jul 27, 2010
Sold by
Simoes Alcides
Bought by
Speck Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,750
Interest Rate
4.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2006
Sold by
Galanin Charles P and Galanin Michelle M
Bought by
Simoes Alcides

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,750
Interest Rate
7.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 20, 1999
Sold by
Nadeau Noel
Bought by
Galanin Charles P and Galanin Michelle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,400
Interest Rate
7.43%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
King David Real Estate Investment Holdin $150,000 Attorney
321 North F Street Llc $112,000 Horizon Title Services Inc
Speck Gary $53,000 Attorney
Simoes Alcides $193,000 Sunbelt Title Agency
Galanin Charles P $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King David Real Estate Ivestment Holding $5,862
Open King David Real Estate Investment Holdin $2,500,000
Previous Owner Custom Management Llc $2,500,000
Previous Owner Speck Gary $39,750
Previous Owner Simoes Alcides $144,750
Previous Owner Galanin Charles P $26,400
Previous Owner Galanin Charles P $34,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2017 01/26/17 Sold $112,000 -17.0% $111 / Sq Ft
12/27/2016 12/27/16 Pending -- -- --
12/26/2016 12/26/16 For Sale $135,000 -- $133 / 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 $5,585 $193,416 -- --
2023 $5,300 $175,833 $0 $0
2022 $4,765 $159,848 $0 $0
2021 $4,309 $155,590 $67,600 $87,990
2020 $3,949 $132,105 $59,800 $72,305
2019 $3,754 $128,068 $54,600 $73,468
2018 $3,382 $110,423 $51,646 $58,777
2017 $2,212 $81,211 $36,890 $44,321
2016 $2,068 $45,669 $0 $0
2015 $1,924 $41,517 $0 $0
2014 $1,934 $37,743 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10293749

BeachesMLS

APN: 38-43-44-21-15-078-0211