NOT LISTED FOR SALE

3797 Lakewood Rd Unit A Lake Worth, FL 33461

Palm Springs Village Neighborhood

Estimated Value: $730,000 - $1,133,000

3 Beds
5 Baths
5,000 Sq Ft
$186/Sq Ft Est. Value

Last Sold December 30, 2016

Last sale price $210,000 $42 Per Sq Ft

Est. 344% increase in value since last sale

Current estimated payment $5,538/month

67 Days on Market

Highlights

  • Water Views
  • Ceramic Tile Flooring
  • 2 Car Garage
  • Shed
  • Central Air
  • No Heating

About This Home

As of December 2016

Four-plex property with 2 properties on 1 lot. Situated on the lot is a Tri-plex - 3 apartments with 2 bedroom and 1 bath each. The large separate main house has a 3 bedroom with 1 full bath, a sauna and a another room setup as a studio plus a 2 car garage in the back. This property is just a shell and requires total renovation from new roof down to new floors. Property condition only allows for cash offers. Buyer is responsible for all liens and violations on title.

Last Agent to Sell the Property

Michael Lan

Florida Premier Realty of the Palm Beaches LLC License #3268474 Listed on: 09/23/2016

Last Buyer's Agent

Michael Lan

Florida Premier Realty of the Palm Beaches LLC License #3268474 Listed on: 09/23/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 0.56

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 5,000 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring
  • Water Views

Outdoor Features

  • Shed

Utilities

  • Central Air
  • No Heating
  • Septic Tank

Community Details

  • 4 Units
  • Lakewood Gardens Subdivision

Listing and Financial Details

  • Rent includes electricity
  • Assessor Parcel Number 00434419110030041

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Directions: West of 95 on Lake Worth Road to Kirk Road North to Lakewood Road East to property.
  • Year Built: 1950
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 5000.0

Exterior Features

  • Exterior Features: Shed
  • View: Other, Water
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Other Structures: Shed(s)
  • 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: None
  • Heating Yn: No
  • Sewer: Septic Tank
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 00434419110030041
  • Zoning Description: Rm

Rental Info

  • Tenant Pays: Exterior Electric

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 5966.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2017
Sold by
Creative Financing Llc
Bought by
The Hetrick Living Trust
Current Estimated Value
$931,500

Purchase Details

Listed on
Sep 23, 2016
Closed on
Dec 30, 2016
Sold by
Wilmington Savings Fund Society
Bought by
Crative Financiing Llc
Seller's Agent
Michael Lan
Florida Premier Realty of the Palm Beaches LLC
Buyer's Agent
Michael Lan
Florida Premier Realty of the Palm Beaches LLC
List Price
$199,900
Sold Price
$210,000
Premium/Discount to List
$10,100
5.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.70%

Purchase Details

Closed on
May 1, 2016
Bought by
Creative Financing Llc

Purchase Details

Closed on
Dec 23, 2003
Sold by
Maki Toivo J and Maki Marja Leena
Bought by
Roman Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 5, 1997
Sold by
Varjo Pertti T and Varjo Raija
Bought by
Maki Toivo J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,579
Interest Rate
7.31%
Mortgage Type
FHA
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
The Hetrick Living Trust $700,000 Attorney
Crative Financiing Llc $210,000 Brokers Title Of Tampa Llc
Creative Financing Llc $70,100 --
Roman Juan $350,000 --
Maki Toivo J $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roman Juan $324,000
Previous Owner Roman Juan $262,500
Previous Owner Maki Toivo J $210,000
Previous Owner Maki Toivo J $25,769
Previous Owner Maki Toivo J $153,579
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2016 12/30/16 Sold $210,000 +5.1% $42 / Sq Ft
11/30/2016 11/30/16 Pending -- -- --
09/23/2016 09/23/16 For Sale $199,900 -- $40 / 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 $6,905 $511,196 -- --
2023 $12,040 $464,724 $0 $0
2022 $10,974 $422,476 $0 $0
2021 $9,196 $384,069 $128,692 $255,377
2020 $11,231 $481,332 $156,000 $325,332
2019 $10,423 $434,306 $122,400 $311,906
2018 $9,445 $400,889 $117,059 $283,830
2017 $9,011 $371,264 $80,730 $290,534
2016 $5,952 $178,124 $0 $0
2015 $5,604 $161,931 $0 $0
2014 $4,962 $147,210 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Michael Lan

    Florida Premier Realty of the Palm Beaches LLC

See All Agents

Map

Source: BeachesMLS

MLS Number: R10269895

BeachesMLS

APN: 70-43-44-19-11-003-0041

Florida Palm Beach County Lake Worth 33461 Palm Springs Village

3797 Lakewood Rd Unit A, Lake Worth, FL

This home is located at 3797 Lakewood Rd Unit A, Lake Worth, FL 33461 since 23 September 2016 and is currently estimated at $931,500, approximately $186 per square foot. This property was built in 1950. 3797 Lakewood Rd Unit A is a home located in Palm Beach County with nearby schools including Palm Springs Elementary School, John I. Leonard High School, and L C Swain 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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