NOT LISTED FOR SALE

3718 Briggs Dr Lake Worth, FL 33461

Lake Worth Corridor Neighborhood

Estimated Value: $569,000 - $720,000

4 Beds
4 Baths
2,039 Sq Ft
$302/Sq Ft Est. Value

Last Sold September 23, 2020

Last sale price $355,000 $174 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,894/month

15 Days on Market

Highlights

  • Porch
  • Tile Flooring
  • 2 Car Garage
  • Open Patio
  • Central Heating and Cooling System
  • Fenced

About This Home

As of September 2020

TWO GOOD SIZE 2/2'S UPDATED BOTH WITH 1 CAR GARAGE, BACKS UP TO CANAL ON QUIET DEAD END ST.SEPARATE WATER AND ELECTRIC METERS.BRAND NEW SEPTIC THIS YEAR.3263 TOTAL SQ. FT. 2038 SQ. FT UNDER AIR.FULLY RENTED LONG TERM GOOD TENANTS.UPDATED NICE UNITSDRIVE BY AND LOOK PLEASE , IF INTERESTED GIVE ME A DAY OR TWO TO SET UP SHOWING

Last Agent to Sell the Property

Steven Berkes

Berkes Realty & Investments License #603904 Listed on: 09/07/2020

Last Buyer's Agent

Garfield Basant

United Realty Group, Inc License #3359762

United Realty Group, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,240

Year Built

  • Built in 1977

Lot Details

  • 10,070 Sq Ft Lot
  • Fenced

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,039 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00434430010530011

Community Details

Overview

  • 2 Units
  • Palm Beach Farms Co 7 Subdivision

Building Details

  • Operating Expense $10,000
  • Net Operating Income $15,740

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,240

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Lake Worth Rd west of Congress to Gulfstream South, to end to Briggs rd. left to property on the right
  • Year Built: 1977
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2039.0

Exterior Features

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

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 00434430010530011
  • Lot Size Sq Ft: 10070.0
  • Zoning Description: RM
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 15740.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 10000.0

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5240.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2020
Closed on
Oct 23, 2020
Sold by
Honigmann Kenneth J
Bought by
Khan Ricardo R
Seller's Agent
Steven Berkes
Berkes Realty & Investments
Buyer's Agent
Garfield Basant
United Realty Group, Inc
List Price
$357,500
Sold Price
$355,000
Premium/Discount to List
-$2,500
-0.7%
Current Estimated Value
$615,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,826
Avg. Annual Appreciation
11.43%
Original Mortgage
$325,091
Outstanding Balance
$288,624
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$327,202

Purchase Details

Closed on
May 9, 2014
Sold by
Balfrey Catherine E
Bought by
Honingmann Kenneth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2014
Sold by
Lake Worth Drainage District
Bought by
Balfrey Catherine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 1997
Sold by
Bagnell George H
Bought by
Balfrey Catherine E
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Khan Ricardo R $355,000 Standard Title Ins Agcy Inc
Khan Ricardo R $355,000 Standard Title
Honingmann Kenneth J $160,000 Sunbelt Title Agency
Balfrey Catherine E -- Attorney
Balfrey Catherine E $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khan Ricardo R $325,091
Closed Khan Ricardo R $325,091
Previous Owner Honingmann Kenneth J $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2020 09/23/20 Sold $355,000 -0.7% $174 / Sq Ft
09/07/2020 09/07/20 For Sale $357,500 -- $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 $7,963 $397,960 -- --
2023 $7,228 $361,782 $152,051 $259,916
2022 $6,783 $328,893 $0 $0
2021 $6,065 $298,994 $106,310 $192,684
2020 $5,352 $273,289 $100,000 $173,289
2019 $5,242 $281,060 $100,000 $181,060
2018 $4,498 $254,618 $96,390 $158,228
2017 $4,007 $208,759 $48,195 $160,564
2016 $3,629 $168,220 $0 $0
2015 $3,504 $156,116 $0 $0
2014 $2,844 $111,162 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steven Berkes

    Seller's Agent in 2020

    Steven Berkes

    Berkes Realty & Investments

    (561) 385-5393

    6 Total Sales

    Steven Berkes
    Section Image
  • Garfield Basant

    Buyer's Agent in 2020

    Garfield Basant

    United Realty Group, Inc

    (561) 966-4000

    27 Total Sales

    Garfield Basant
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10653018

BeachesMLS

APN: 00-43-44-30-01-053-0011

Florida Palm Beach County Lake Worth 33461 Lake Worth Corridor

3718 Briggs Dr, Lake Worth, FL

This home is located at 3718 Briggs Dr, Lake Worth, FL 33461 since 07 September 2020 and is currently estimated at $615,826, approximately $302 per square foot. This property was built in 1977. 3718 Briggs Dr is a home located in Palm Beach County with nearby schools including Palm Springs Elementary School, Lake Worth High School, and Lake Worth Community Middle School.

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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