NOT LISTED FOR SALE

Estimated Value: $447,000 - $1,110,000

6 Beds
5 Baths
3,049 Sq Ft
$273/Sq Ft Est. Value

Last Sold September 27, 2019

Last sale price $535,500 $176 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $5,782/month

84 Days on Market

About This Home

As of September 2019

2 Beautiful Duplexes, 1 & 2 story, 100% Occupied, Separate meters, Well maintained, little to no differed maintenance, All units have central A/C, walking distance to Federal and Downtown, one story is CBS (2x 1/1), two story is frame w/ stucco (2x2/1), plus laundry and carport, Gross Operating Income $51,300 (PGI 66,720) OE $ 14,313 NOI $49,071 CAP 8.46%

Last Agent to Sell the Property

Jon Faust

Coastline Realty, Inc. License #590401 Listed on: 06/04/2019

Co-Listed By

jaana piira

Coastline Realty, Inc. License #627889

Last Buyer's Agent

Ana Mesa

Nex Gen Realty & Property Mgnt License #3056113

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,819

Year Built

  • Built in 1952

Lot Details

  • 6,750

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,049 Sq Ft Home
  • 2-Story Property

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Patio
  • 6,750 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 38434421151580080

Community Details

Overview

  • 4 Units
  • Lake Worth Town Of Subdivision

Building Details

  • Operating Expense $14,300
  • Net Operating Income $49,071

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,819

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: Corner of North M & 6th Ave North
  • Year Built: 1952
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Other
  • Living Area: 3049.0

Exterior Features

  • Exterior Features: Patio
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block, Frame, Stucco
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Other, Shingle

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 38434421151580080
  • Lot Size Sq Ft: 6750.0
  • Zoning Description: SF-TF-
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 49071.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 14300.0

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 6819.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2019
Closed on
Sep 27, 2019
Sold by
Brooks Vivian
Bought by
Zonenshine Assaf J
Seller's Agent
Jon Faust
Coastline Realty, Inc.
Buyer's Agent
Ana Mesa
Nex Gen Realty & Property Mgnt
List Price
$580,000
Sold Price
$535,500
Premium/Discount to List
-$44,500
-7.67%
Current Estimated Value
$833,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,381
Avg. Annual Appreciation
7.61%
Original Mortgage
$397,500
Outstanding Balance
$348,230
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$485,651

Purchase Details

Closed on
Jun 12, 2007
Sold by
Taber Gerald and Taber Wendy
Bought by
Brooks Vivian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 2004
Sold by
Taber Gerald and Taber Wendy
Bought by
Brooks Vivian L

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
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 3, 1995
Sold by
Toth Laszio and Toth Maria
Bought by
Taber Gerald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
7.51%
Mortgage Type
Purchase Money Mortgage
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
Zonenshine Assaf J $535,500 First American Title Ins Co
Brooks Vivian -- American Title & Trust Llc
Brooks Vivian L $300,000 --
Taber Gerald $99,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zonenshine Assaf J $397,500
Previous Owner Brooks Vivian $280,000
Previous Owner Brooks Vivian L $240,000
Previous Owner Taber Gerald $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2019 09/27/19 Sold $535,500 -7.7% $176 / Sq Ft
08/28/2019 08/28/19 Pending -- -- --
06/04/2019 06/04/19 For Sale $580,000 -- $190 / 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 $16,905 $662,797 -- --
2023 $15,181 $602,543 $194,950 $407,593
2022 $14,687 $552,994 $0 $0
2021 $13,437 $502,722 $167,400 $335,322
2020 $12,460 $457,817 $183,600 $274,217
2019 $7,953 $402,148 $151,200 $250,948
2018 $6,819 $312,715 $109,094 $203,621
2017 $6,269 $264,699 $99,176 $165,523
2016 $5,752 $155,317 $0 $0
2015 $5,468 $141,197 $0 $0
2014 $5,197 $128,361 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10536038

BeachesMLS

APN: 38-43-44-21-15-158-0080