NOT LISTED FOR SALE

Estimated Value: $179,000 - $265,000

2 Beds
2 Baths
957 Sq Ft
$167/mo HOA Fee

Last Sold September 06, 2016

Last sale price $75,000 $78 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $1,490/month

99 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • South Facing Home

About This Home

As of September 2016

Two bedroom two bath apartment in the lower floor with parking of the street near the beach and 5 blocks away from downtown Lake Worth.The apartment has granite countertops in the kitchen and bathrooms. Tile throughout hurricane according shutters.Current tenants $800 per month month-to-month lease, but they have been there for the last four years and they will like to stay if possible or they can vacate. Actual investment return is @ 8% it can be 9 or 10.I know the pictures don't say much, but it is nice

Last Agent to Sell the Property

Ricardo Gerlach

United Realty Group, Inc License #3210403 Listed on: 04/29/2016

Last Buyer's Agent

Christiana Nardozzi

Nardozzi Homes License #3290339

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,216

Year Built

  • Built in 1978

Lot Details

  • South Facing Home

HOA Fees

  • $167 Monthly HOA Fees

Interior Spaces

  • 957 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Association fees include insurance, laundry, ground maintenance, maintenance structure, parking, roof, sewer, trash, water
  • 12 Units
  • Rita Apts III Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38434427260000030

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,216

Year Built

Built in 1978

Lot Details

0

HOA Fees

$167 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Just South of Lake Ave ; Turn on 3rd Ave S. and make a right on south. J St to 4th Ave S.(the Complex is on the North West corner)
  • Year Built: 1978
  • Carport Y N: No
  • Special Features: None

Interior Features

  • Interior Amenities: Split Bedrooms
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 957.0
  • Stories: 2

Exterior Features

  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: South

Garage/Parking

  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

  • Association Fee: 167.0
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional

Fee Information

  • Association Fee Includes: Insurance, Laundry, Maintenance Grounds, Maintenance Structure, Parking, Roof, Sewer, Trash, Water

Lot Info

  • Parcel #: 38434427260000030
  • Zoning Description: MF-20(

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1216.0

Multi Family

  • Number Of Units In Community: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2016
Closed on
Sep 6, 2016
Sold by
Kwok Xim H and Kwok Xin Hemg M
Bought by
Ruiz Jose R and Ruiz Romero Irma Lucia
Seller's Agent
Ricardo Gerlach
United Realty Group, Inc
Buyer's Agent
Christiana Nardozzi
Nardozzi Homes
List Price
$86,900
Sold Price
$75,000
Premium/Discount to List
-$11,900
-13.69%
Current Estimated Value
$211,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,088
Avg. Annual Appreciation
11.97%

Purchase Details

Closed on
May 1, 2006
Sold by
Kwok Xin H and Vega Kwok Catherine
Bought by
Kwok Xin H

Purchase Details

Closed on
Jan 10, 2003
Sold by
Kwok Xin H
Bought by
Kwok Xin H and Vega Kwok Catherine

Purchase Details

Closed on
Jul 17, 1996
Sold by
Small Robert G and Small Bernadine
Bought by
Kwok Xing H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
8.27%
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
Ruiz Jose R $75,000 Summit Title Services Corp
Kwok Xin H -- None Available
Kwok Xin H -- --
Kwok Xing H $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kwok Xing H $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2016 09/06/16 Sold $75,000 -13.7% $78 / Sq Ft
08/07/2016 08/07/16 Pending -- -- --
04/29/2016 04/29/16 For Sale $86,900 -- $91 / 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 $2,593 $91,839 -- --
2023 $2,212 $83,490 $0 $0
2022 $1,996 $75,900 $0 $0
2021 $1,788 $69,000 $0 $69,000
2020 $1,658 $63,000 $0 $63,000
2019 $1,674 $63,000 $0 $63,000
2018 $1,639 $63,000 $0 $63,000
2017 $1,632 $63,000 $0 $0
2016 $1,256 $43,923 $0 $0
2015 $1,216 $39,930 $0 $0
2014 $1,170 $36,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10230471

BeachesMLS

APN: 38-43-44-27-26-000-0030