NOT LISTED FOR SALE

3861 Gulfstream Rd Lake Worth, FL 33461

Estimated Value: $345,000 - $544,000

0.93 Acre
$463,959 Price per Acre
40,511 Sq Ft Lot

Last Sold March 12, 2024

Last sale price $400,000 $353 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,735/month

168 Days on Market

About This Lot

As of March 2024

BIG CLEARED AND READY TO BUILD LOT IN GREAT LOCATION. This parcel is a total of 0.93(+-)ACRES and located in The Village Of Palm Springs. This beautiful and rare property is ZONED MULTI-FAMILY and has great potential for development. Buyer and Buyer's Agent must use due diligence to verify total number of units permitt- ed and requirements of the Village Of Palm Springs for development.

Last Agent to Sell the Property

Newmon Mathai

Sobri Realty Group LLC License #3238158 Listed on: 09/21/2023

Last Buyer's Agent

Armando Maysonet

Bos Realty LLC License #3237876

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,530

Lot Details

  • 0.93 Acre Lot
  • East Facing Home
  • Site Plan Filed

Community Details

  • No Home Owners Association
  • Lakewood Gardens 01 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 70434419110010060

Property Details

Property Type

Land

Est. Annual Taxes

$5,530

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • Directions: Lake Worth east of Military, right on Gulfstream
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Cleared
  • Waterfront: No
  • Direction Faces: East
  • Other Structures: None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 70434419110010060
  • Development Status: Site Plan Filed
  • Lot Size Acres: 0.93
  • Lot Size: 40511
  • Lot Size Sq Ft: 40511.0
  • Number Of Lots: 1
  • Possible Use: Single Family
  • Mobile Dim Units: Feet
  • Zoning: RM

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5530.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2023
Closed on
Mar 11, 2024
Sold by
Tencel Llc
Bought by
Carlos M Villa-Perez Trust and Villa-Perez
Seller's Agent
Newmon Mathai
Sobri Realty Group LLC
Buyer's Agent
Armando Maysonet
Bos Realty LLC
List Price
$695,000
Sold Price
$400,000
Premium/Discount to List
-$295,000
-42.45%
Views
100
Current Estimated Value
$431,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,482
Avg. Annual Appreciation
4.00%

Purchase Details

Listed on
Jun 6, 2019
Closed on
Aug 22, 2019
Sold by
Angelou Llc
Bought by
Tencel Llc
Seller's Agent
Alex Cozzi
Partnership Realty Inc.
Buyer's Agent
Non-Member
Non-Member Selling Office
List Price
$265,000
Sold Price
$240,000
Premium/Discount to List
-$25,000
-9.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.46%

Purchase Details

Listed on
Jun 6, 2019
Closed on
Jun 28, 2019
Sold by
Bay Llc
Bought by
Angelou Llc
Seller's Agent
Alex Cozzi
Partnership Realty Inc.
Buyer's Agent
Non-Member
Non-Member Selling Office
List Price
$265,000
Sold Price
$240,000
Premium/Discount to List
-$25,000
-9.43%

Purchase Details

Closed on
Aug 20, 2015
Sold by
Genovese Properties 3 Inc
Bought by
Fox Bay Llc and Mjl Llc

Purchase Details

Closed on
Oct 30, 2014
Sold by
Palmberg Brian D and Palmberg Sandra
Bought by
Genovese Properties 3 Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2002
Sold by
Palmberg Brian D and Palmberg Sandra
Bought by
Palmberg Brian D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 1996
Sold by
Daniel L Kaplan Tr
Bought by
Palmberg Brian D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,906
Interest Rate
8.26%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Carlos M Villa-Perez Trust $400,000 United Title Services
Carlos M Villa-Perez Trust $400,000 United Title Services
Tencel Llc -- None Available
Angelou Llc $230,000 Florida Land Title Ins Llc
Fox Bay Llc $150,000 Florida Land Title
Genovese Properties 3 Inc $100,000 Trident Title Llc
Palmberg Brian D -- Tropical Land Title Ins Agen
Palmberg Brian D $89,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Genovese Properties 3 Inc $70,000
Previous Owner Palmberg Brian D $110,000
Previous Owner Palmberg Brian D $88,906
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/12/2024 03/12/24 Sold $400,000 -29.2% $353 / Sq Ft
03/07/2024 03/07/24 Pending -- -- --
01/17/2024 01/17/24 Price Changed $565,000 -0.9% $498 / Sq Ft
01/03/2024 01/03/24 Price Changed $570,000 -0.9% $503 / Sq Ft
11/30/2023 11/30/23 Price Changed $575,000 -4.2% $507 / Sq Ft
11/28/2023 11/28/23 Price Changed $600,000 -7.0% $529 / Sq Ft
11/03/2023 11/03/23 Price Changed $645,000 -7.2% $569 / Sq Ft
09/21/2023 09/21/23 For Sale $695,000 +189.6% $613 / Sq Ft
06/28/2019 06/28/19 Sold $240,000 +4.3% $212 / Sq Ft View Prior Sale
06/11/2019 06/11/19 Sold $230,000 -13.2% $203 / Sq Ft View Prior Sale
06/06/2019 06/06/19 For Sale $265,000 +32.6% $234 / Sq Ft
05/12/2019 05/12/19 Pending -- -- --
04/24/2018 04/24/18 For Sale $199,900 -- $176 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $5,924 $325,720 -- --
2024 $5,924 $284,242 -- --
2023 $5,812 $258,402 $0 $0
2022 $5,530 $234,911 -- --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10401127

BeachesMLS (Greater Fort Lauderdale)

APN: 70-43-44-19-11-001-0060

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