NOT LISTED FOR SALE

3839 Edwards Ave Lake Worth, FL 33461

Palm Springs Village Neighborhood

Estimated Value: $895,000 - $990,000

8 Beds
4 Baths
3,456 Sq Ft
$269/Sq Ft Est. Value

Last Sold July 20, 2023

Last sale price $850,000 $246 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,335/month

47 Days on Market

Highlights

  • 25,700 Sq Ft lot
  • Patio
  • Central Heating and Cooling System
  • Room in yard for a pool
  • Ceramic Tile Flooring
  • Ceiling Fan

About This Home

As of July 2023

FULLY RENOVATED QUADRUPLEX, FRESHLY PAINTED INTERIOR AND EXTERIOR, NEW KITCHEN WITH GRANITE COUNTERTOPS, LAMINATE FLOORING AND TILE THROUGHOUT THE LIVING AREAS. NEWER APPLIANCES. COIN LAUNDRY FOR TENANTS TO USE WITH SEPARATE WATER METER. PROPERTY CAN ALSO BE USED AS AN AIRBNB. THIS BEAUTIFUL FULLY FENCED PROPERTY SITS ON OVER HALF AN ACRE AND HAS ENOUGH SPACE TO FIT IN ANOTHER DUPLEX. PROPERTY ALSO HAS AN RV WITH 2/1 FULLY FURNISHED AND RENTED FOR $1650 AS A 5TH UNIT AND CAN BE INCLUDED IN THE SALE FOR $1,200,000.00. RV HAS ITS OWN ELECTRICAL AND WATER LINE CONNECTION THAT PROVIDES THE OWNER WITH A GREAT SOURCE OF INCOME.

Last Agent to Sell the Property

Wilso Charles

Charles & Charles Realty LLC License #3090516 Listed on: 05/14/2023

Last Buyer's Agent

Enrique Perez

Keller Williams Coastal Partners License #3442870

Keller Williams Coastal Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,801

Year Built

  • Built in 1983

Lot Details

  • 0.59 Acre Lot

Home Design

  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,456 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Flooring

  • Laminate
  • Ceramic Tile

Outdoor Features

  • Room in yard for a pool
  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 70434419200660080

Community Details

Overview

  • 4 Units
  • Sub 19 44 43 Subdivision

Building Details

  • Operating Expense $21,000
  • Net Operating Income $66,006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,801

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: LAKE WORTH ROAD, EAST OF KIRK ROAD , NORTH SIDE OF LAKE WORTH ROAD.
  • Year Built: 1983
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Laminate, Tile
  • Living Area: 3456.0

Exterior Features

  • Exterior Features: Patio, Room For Pool
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Wood Siding
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, 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 #: 70434419200660080
  • Lot Size: 150X140 DEEP
  • Lot Size Sq Ft: 25700.0
  • Zoning Description: RM(cit
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 66006.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 21000.0

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 11801.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2023
Closed on
Jul 20, 2023
Sold by
Jades Belle Maison Llc
Bought by
Marappan Hariprakash and Palanisamy Mohana Prabha
Seller's Agent
Wilso Charles
Charles & Charles Realty LLC
Buyer's Agent
Enrique Perez
Keller Williams Coastal Partners
List Price
$1,200,000
Sold Price
$850,000
Premium/Discount to List
-$350,000
-29.17%
Views
72
Current Estimated Value
$924,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,726
Avg. Annual Appreciation
2.76%
Original Mortgage
$498,000
Outstanding Balance
$488,848
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$410,407

Purchase Details

Closed on
Mar 11, 2022
Sold by
Michaelle Moise
Bought by
Jades Belle Maison Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$611,250
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2022
Sold by
Jades Belle Maison Llc
Bought by
Moise Michaelle J

Purchase Details

Listed on
Aug 4, 2021
Closed on
Sep 24, 2021
Sold by
Perez Nilo N and Perez Marta I
Bought by
Jades Belle Maison Llc
Seller's Agent
NELSON MOSCOSO
Century 21 America's Choice/WPB
Buyer's Agent
Wilso Charles
Charles & Charles Realty LLC
List Price
$679,900
Sold Price
$650,000
Premium/Discount to List
-$29,900
-4.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.70%
Original Mortgage
$487,500
Interest Rate
2.8%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 27, 1998
Sold by
Amatulli John and Amatulli Madelyn
Bought by
Perez Nilo N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,400
Interest Rate
7.01%
Mortgage Type
New Conventional
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
Marappan Hariprakash $850,000 Sunbelt Title
Jades Belle Maison Llc -- Ostrzenski & Stricklin Pa
Moise Michaelle J -- None Listed On Document
Jades Belle Maison Llc $650,000 Property Transfer Svcs Inc
Perez Nilo N $116,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marappan Hariprakash $498,000
Previous Owner Jades Belle Maison Llc $611,250
Previous Owner Jades Belle Maison Llc $487,500
Previous Owner Perez Nilo $330,000
Previous Owner Perez Nilo N $210,000
Previous Owner Perez Nilo N $104,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2023 07/20/23 Sold $850,000 -22.7% $246 / Sq Ft
07/01/2023 07/01/23 Pending -- -- --
06/19/2023 06/19/23 Price Changed $1,100,000 -4.3% $318 / Sq Ft
05/30/2023 05/30/23 Price Changed $1,150,000 -4.2% $333 / Sq Ft
05/14/2023 05/14/23 For Sale $1,200,000 +84.6% $347 / Sq Ft
09/24/2021 09/24/21 Sold $650,000 -4.4% $188 / Sq Ft
08/25/2021 08/25/21 Pending -- -- --
08/04/2021 08/04/21 For Sale $679,900 -- $197 / 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 $15,258 $722,084 -- --
2023 $12,978 $600,481 $289,603 $310,878
2022 $11,801 $532,255 $0 $0
2021 $7,741 $350,239 $168,258 $181,981
2020 $7,599 $378,075 $156,000 $222,075
2019 $7,049 $338,503 $122,400 $216,103
2018 $6,270 $304,659 $117,059 $187,600
2017 $5,951 $284,620 $80,730 $203,890
2016 $5,451 $196,081 $0 $0
2015 $5,123 $178,255 $0 $0
2014 $4,581 $162,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2023

    Wilso Charles

    Charles & Charles Realty LLC

    (561) 702-5599

    2 in this area

    58 Total Sales

    Section Image
  • Enrique Perez

    Buyer's Agent in 2023

    Enrique Perez

    Keller Williams Coastal Partners

    (305) 497-9755

    3 in this area

    97 Total Sales

    Section Image

  • N

    Seller's Agent in 2021

    NELSON MOSCOSO

    Century 21 America's Choice/WPB

    5 in this area

    32 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10889657

BeachesMLS

APN: 70-43-44-19-20-066-0080

Florida Palm Beach County Lake Worth 33461 Palm Springs Village

3839 Edwards Ave, Lake Worth, FL

This home is located at 3839 Edwards Ave, Lake Worth, FL 33461 since 14 May 2023 and is currently estimated at $930,045, approximately $269 per square foot. This property was built in 1983. 3839 Edwards Ave 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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