NOT LISTED FOR SALE

3831 7th Ave N Lake Worth, FL 33461

Palm Springs Village Neighborhood

Estimated Value: $665,000 - $867,000

4 Beds
3 Baths
2,828 Sq Ft
$277/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $825,000 $292 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $5,020/month

75 Days on Market

About This Home

As of July 2024

Live your Luxury in Sunny South Florida with this Rarely Available Multifamily Property! An Amazing Opportunity Awaits with this Privately Nestled Legal Triplex. Perfect for a Discerning Investor or Multi-Generational Family Living. This Property has a Generous Amount of Space for Parking. Each Unit has its Own Personal Laundry. Featuring Worry-free Public Water and Public Sewer. Capitalize on the Opportune Moment. By Appointment Only. Do Not Disturb Tenants. Private Property. Schedule your Tour Today!

Last Agent to Sell the Property

Wilky Garcia

Engel & Volkers Wellington License #3345962 Listed on: 05/16/2024

Engel & Volkers Wellington

Co-Listed By

Juan Estrada

Engel & Volkers Wellington License #3260047

Last Buyer's Agent

Carlton Johnson

Coldwell Banker Realty License #3602061

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,838

Year Built

  • Built in 1982

Lot Details

  • 0.39

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,828 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Additional Features

  • 0.39 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 70434419100000022

Community Details

Overview

  • 3 Units
  • Kirkview Subdivision

Building Details

  • Operating Expense $1
  • Net Operating Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,838

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: East on Lake Worth Road from Military Trail to Kirk Road. North on Kirk Road to 7th Avenue. East on 7th Avenue to 3831 Property on North Side.
  • Year Built: 1982
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2828.0

Exterior Features

  • Exterior Features: None
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 70434419100000022
  • Lot Size: 1/4 to 1/2 Acre
  • Lot Size Sq Ft: 16901.0
  • Zoning Description: RM(cit

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 1.0
  • Number Of Units Total: 3
  • Annual Operating Expense: 1.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9838.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Aug 23, 2024
Sold by
Ewen Andrew
Bought by
Ethereal Homes 3 Llc
Seller's Agent
Wilky Garcia
Engel & Volkers Wellington
Buyer's Agent
Carlton Johnson
Coldwell Banker Realty
List Price
$895,000
Sold Price
$825,000
Premium/Discount to List
-$70,000
-7.82%
Views
17
Current Estimated Value
$783,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,447
Avg. Annual Appreciation
-4.24%
Original Mortgage
$562,500
Outstanding Balance
$556,123
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$227,430

Purchase Details

Listed on
May 16, 2024
Closed on
Jul 31, 2024
Sold by
Gil Luisa M
Bought by
Ewen Andrew
Seller's Agent
Wilky Garcia
Engel & Volkers Wellington
Buyer's Agent
Carlton Johnson
Coldwell Banker Realty
List Price
$895,000
Sold Price
$825,000
Premium/Discount to List
-$70,000
-7.82%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Outstanding Balance
$556,123
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$227,430

Purchase Details

Closed on
Jun 8, 2018
Sold by
Seasurf Llc
Bought by
Gil Luisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2006
Sold by
Welsh Alexander G
Bought by
Seasurf Llc

Purchase Details

Closed on
Sep 8, 2003
Sold by
Welsh Alexander G
Bought by
Welsh Alexander G and The Alexander G Welsh Revocable Trust
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
Ethereal Homes 3 Llc -- None Listed On Document
Ewen Andrew $825,000 Real Property Title Group
Gil Luisa M $300,000 First American Title Insuran
Seasurf Llc -- None Available
Welsh Alexander G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ewen Andrew $562,500
Previous Owner Gil Luisa M $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2024 07/31/24 Sold $825,000 -7.8% $292 / Sq Ft
05/16/2024 05/16/24 For Sale $895,000 -- $316 / 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 $10,532 $484,917 -- --
2023 $9,838 $440,834 $0 $0
2022 $9,143 $400,758 $0 $0
2021 $3,078 $141,906 $0 $0
2020 $4,474 $207,764 $0 $0
2019 $5,576 $228,772 $61,200 $167,572
2018 $4,419 $245,270 $87,794 $157,476
2017 $4,223 $231,718 $60,548 $171,170
2016 $3,850 $122,969 $0 $0
2015 $3,638 $111,790 $0 $0
2014 $3,274 $101,627 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Wilky Garcia

    Seller's Agent in 2024

    Wilky Garcia

    Engel & Volkers Wellington

    (561) 310-5802

    1 in this area

    23 Total Sales

    Wilky Garcia
    Section Image

  • J

    Seller Co-Listing Agent in 2024

    Juan Estrada

    Engel & Volkers Wellington

    (786) 301-1273

    1 in this area

    23 Total Sales

    Juan Estrada
    Section Image

  • C

    Buyer's Agent in 2024

    Carlton Johnson

    Coldwell Banker Realty

    (516) 398-5997

    1 in this area

    7 Total Sales

    Carlton Johnson
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10988082

BeachesMLS

APN: 70-43-44-19-10-000-0022

Florida Palm Beach County Lake Worth 33461 Palm Springs Village

3831 7th Ave N, Lake Worth, FL

This home is located at 3831 7th Ave N, Lake Worth, FL 33461 since 16 May 2024 and is currently estimated at $783,553, approximately $277 per square foot. This property was built in 1982. 3831 7th Ave N 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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