NOT LISTED FOR SALE

3802 Patio Ct Lake Worth, FL 33461

Lake Worth Corridor Neighborhood

Estimated Value: $510,337 - $640,000

4 Beds
2 Baths
1,624 Sq Ft
$347/Sq Ft Est. Value

Last Sold December 29, 2023

Last sale price $610,000 $376 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $3,863/month

19 Days on Market

Highlights

  • Water Views
  • Room in yard for a pool
  • Impact Glass
  • Fruit Trees
  • Wood Flooring
  • Central Heating and Cooling System

About This Home

As of December 2023

Great opportunity for passive income, duplex was complete renovated new roof, new fence, new electrical panel, new plumbing, new AC, new water heater, impact windows and doors, new floors new kitchen cabinets new bathrooms, glass doors in showers, brand new appliances laundry inside unit with washer and dryer. big back patio. both units rented with leases for 1 year Dec/2024 each tenant pays $2300 plus their utilities.

Last Agent to Sell the Property

Maria Casanova

Realty Hub License #3283220 Listed on: 12/09/2023

Last Buyer's Agent

David Loeb

Borell Realty, LLC License #3494431

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,628

Year Built

  • Built in 1973

Lot Details

  • Fenced
  • Fruit Trees

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,624 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Water Views
  • Impact Glass

Pool

  • Room in yard for a pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 70424424000005400

Community Details

Overview

  • 2 Units
  • Lake Worth Subdivision

Building Details

  • Operating Expense $9,828
  • Net Operating Income $45,372

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,628

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Please used GPS
  • Year Built: 1973
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Wood
  • Living Area: 1624.0
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Fence, Fruit Trees, Room For Pool
  • View: Other, Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 70424424000005400
  • Lot Size: < 1/4 Acre
  • Zoning Description: MULTI

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 45372.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 9828.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5628.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2023
Closed on
Dec 29, 2023
Sold by
Ecm Homes Inc
Bought by
Large Lw Rentals Llc
Seller's Agent
Maria Casanova
Realty Hub
Buyer's Agent
David Loeb
Borell Realty, LLC
List Price
$650,000
Sold Price
$610,000
Premium/Discount to List
-$40,000
-6.15%
Views
38
Current Estimated Value
$564,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,916
Avg. Annual Appreciation
-7.20%

Purchase Details

Closed on
Aug 18, 2023
Sold by
Capital Hedge Partners Llc
Bought by
Ecm Homes Inc

Purchase Details

Closed on
Aug 4, 2023
Sold by
Declaration Of Trust
Bought by
Capital Hedge Partners Llc

Purchase Details

Closed on
Jul 17, 2012
Sold by
Baker Basil Lewis and Lewis Baker B
Bought by
Baker B Lewis and The Declaration Of Trust Of B Lewis Bake
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
Large Lw Rentals Llc $610,000 First International Title
Ecm Homes Inc $380,000 Title Guaranty Of South Florid
Capital Hedge Partners Llc $360,000 Title Guaranty Of South Florid
Capital Hedge Partners Llc $360,000 Title Guaranty Of South Florid
Baker B Lewis -- Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2023 12/29/23 Sold $610,000 +1.8% $376 / Sq Ft
12/13/2023 12/13/23 Price Changed $599,000 -7.8% $369 / Sq Ft
12/09/2023 12/09/23 For Sale $650,000 -- $400 / 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 $9,550 $458,649 -- --
2023 $5,628 $203,655 $227,363 $132,204
2022 $5,297 $185,141 $0 $0
2021 $4,298 $212,936 $132,001 $80,935
2020 $3,916 $183,576 $78,000 $105,576
2019 $3,619 $162,391 $61,200 $101,191
2018 $3,286 $154,937 $64,467 $90,470
2017 $3,104 $142,774 $44,460 $98,314
2016 $2,920 $104,507 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Maria Casanova

    Realty Hub

    (561) 596-8572

    2 in this area

    44 Total Sales

    Maria Casanova
    Section Image

  • D

    Buyer's Agent in 2023

    David Loeb

    Borell Realty, LLC

    (561) 339-2682

    1 in this area

    11 Total Sales

    David Loeb
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10942071

BeachesMLS

APN: 70-42-44-24-00-000-5400

Florida Palm Beach County Lake Worth 33461 Lake Worth Corridor

3802 Patio Ct, Lake Worth, FL

This home is located at 3802 Patio Ct, Lake Worth, FL 33461 since 09 December 2023 and is currently estimated at $564,084, approximately $347 per square foot. This property was built in 1973. 3802 Patio Ct is a home located in Palm Beach County with nearby schools including John I. Leonard High School, Clifford O Taylor/Kirklane Elementary 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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