NOT LISTED FOR SALE

Estimated Value: $313,992 - $365,000

3 Beds
1 Bath
1,016 Sq Ft
$327/Sq Ft Est. Value

Last Sold August 12, 2021

Last sale price $219,000 $216 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,321/month

7 Days on Market

Highlights

  • Interior Lot
  • Central Heating and Cooling System
  • 1-Story Property
  • Ceramic Tile Flooring

About This Home

As of August 2021

IDEAL INVESTMENT PROPERTY! In the lucrative investment-world of Lake Worth Beach residential real estate, five key attributes provide superior value-appreciation: 1) Near Lake Ave. 2) Favored NORTH side of town. 3) Double-lot parcel. 4) Front driveway. 5) Non-flood-plain (''West is Best!''). This brilliant-blue house has all five essentials! Optimally located four blocks NORTH of Lake Ave., in the high-elevation Tropical Ridge neighborhood, this double-lot / front-driveway home features an appealing, updated, 3-bedroom (+ bonus room!), 1,000+ sq. ft. interior. Current tenants (in their 3rd year) pay $2,100 / mo! Capitalize on the benefits of a 1031-Exchange... Swap out of your peaked-out Dade and Broward rental properties, into an energized, accelerating Lake Worth Beach asset!

Last Agent to Sell the Property

Bret Taylor

Southdale Properties Inc. License #3098864 Listed on: 07/05/2021

Last Buyer's Agent

Bret Taylor

Southdale Properties Inc. License #3098864 Listed on: 07/05/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,749

Year Built

  • Built in 1941

Lot Details

  • 6,750 Sq Ft Lot
  • Interior Lot

Parking

  • Driveway

Home Design

  • Frame Construction

Interior Spaces

  • 1,016 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Town Of Lake Worth: Tropi Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38434421151280070

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,749

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Take Lake Avenue to North D Street and turn North. Then turn West onto 5th Avenue North. Then turn South onto North C Street. Property is located on the East side of the street.
  • Year Built: 1941
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile
  • Living Area: 1016.0
  • Stories: 1

Exterior Features

  • Lot Features: Interior Lot
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Frame
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Driveway

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 38434421151280070
  • Lot Size Sq Ft: 6750.0
  • Zoning Description: SFR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3749.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2021
Closed on
Aug 12, 2021
Sold by
Orcinolo Anthony
Bought by
Venus & Mars Investment Group Ltd
Seller's Agent
Bret Taylor
Southdale Properties Inc.
Buyer's Agent
Bret Taylor
Southdale Properties Inc.
List Price
$225,000
Sold Price
$219,000
Premium/Discount to List
-$6,000
-2.67%
Current Estimated Value
$332,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,248
Avg. Annual Appreciation
10.52%

Purchase Details

Listed on
Apr 6, 2019
Closed on
May 31, 2019
Sold by
Osias Gerard
Bought by
Orcinolo Anthony
Seller's Agent
Carline Griffin
Deco Realty Group Inc.
Buyer's Agent
Carline Griffin
TRUE BLUE REALTY INC
List Price
$150,900
Sold Price
$146,000
Premium/Discount to List
-$4,900
-3.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.24%
Original Mortgage
$109,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2014
Sold by
Tif Tmp Llc
Bought by
Osias Gerard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
10%
Mortgage Type
Amount Keyed Is An Aggregate Amount

Purchase Details

Listed on
Oct 19, 2012
Closed on
Dec 21, 2012
Sold by
Carboa Llc
Bought by
Tif Tmp Llc
Seller's Agent
Bo Allen
Illustrated Properties LLC
Buyer's Agent
Laura And Michae Hepworth
SAND CASTLE HOMES REALTY
List Price
$79,900
Sold Price
$67,500
Premium/Discount to List
-$12,400
-15.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.30%

Purchase Details

Listed on
Mar 10, 2012
Closed on
Apr 12, 2012
Sold by
Federal National Mortgage Association
Bought by
Allen Gary
Seller's Agent
kathy gross
Nautica Realty
Buyer's Agent
Jon Allen
Illustrated Properties LLC
List Price
$40,500
Sold Price
$38,900
Premium/Discount to List
-$1,600
-3.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
122.27%

Purchase Details

Listed on
Mar 10, 2012
Closed on
Feb 21, 2012
Sold by
Rosen Allen S and Rosen Allen
Bought by
Federal National Mortgage Association
Seller's Agent
kathy gross
Nautica Realty
Buyer's Agent
Jon Allen
Illustrated Properties LLC
List Price
$40,500
Sold Price
$38,900
Premium/Discount to List
-$1,600
-3.95%

Purchase Details

Closed on
Feb 21, 2002
Sold by
Scott William E and Scott Stacey C
Bought by
Rosen Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,700
Interest Rate
9.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 5, 2001
Sold by
Rosen Allen
Bought by
Scott Slacey

Purchase Details

Closed on
Aug 15, 2001
Sold by
William E Scott M and William Stacey Scott
Bought by
Rosen Allen S

Purchase Details

Closed on
Oct 7, 1999
Sold by
York Builders Inc
Bought by
Scott William E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,487
Interest Rate
7.79%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 9, 1999
Sold by
Sec Of Hud
Bought by
York Builders Inc

Purchase Details

Closed on
Oct 20, 1998
Sold by
Norwest Mortgage Inc
Bought by
Sec Of Hud

Purchase Details

Closed on
Mar 6, 1998
Sold by
Clerk Of The Court
Bought by
Norwest Mortgage Inc

Purchase Details

Closed on
May 31, 1994
Sold by
Luzardo Hermes A and Luzardo Angelita P
Bought by
Martinez Francisco M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,920
Interest Rate
8.46%
Mortgage Type
FHA
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
Venus & Mars Investment Group Ltd $219,000 Attorney
Orcinolo Anthony $146,000 Attorney
Osias Gerard $80,000 Build Us Back Title Llc
Tif Tmp Llc $67,500 Multiple
Carboa Llc -- Multiple
Allen Gary $38,900 Attorney
Federal National Mortgage Association $27,200 None Available
Rosen Allen $102,000 Terra Title Corp
Scott Slacey -- --
Rosen Allen S -- --
Scott William E $59,000 --
York Builders Inc $32,000 --
Sec Of Hud -- --
Norwest Mortgage Inc $63,100 --
Martinez Francisco M $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Orcinolo Anthony $109,500
Previous Owner Osias Gerard $60,000
Previous Owner Osias Gerard $43,000
Previous Owner Rosen Allen $86,700
Previous Owner Norwest Mortgage Inc $58,487
Previous Owner Martinez Francisco M $50,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2021 08/12/21 Sold $219,000 -2.7% $216 / Sq Ft
07/13/2021 07/13/21 Pending -- -- --
07/05/2021 07/05/21 For Sale $225,000 +54.1% $221 / Sq Ft
05/31/2019 05/31/19 Sold $146,000 -3.2% $144 / Sq Ft
05/01/2019 05/01/19 Pending -- -- --
04/06/2019 04/06/19 For Sale $150,900 0.0% $149 / Sq Ft
05/02/2013 05/02/13 Rented $1,025 -6.8% --
04/02/2013 04/02/13 Under Contract -- -- --
02/09/2013 02/09/13 For Rent $1,100 0.0% --
12/21/2012 12/21/12 Sold $67,500 -15.5% $66 / Sq Ft
11/21/2012 11/21/12 Pending -- -- --
10/19/2012 10/19/12 For Sale $79,900 +105.4% $79 / Sq Ft
04/12/2012 04/12/12 Sold $38,900 -4.0% $38 / Sq Ft
03/13/2012 03/13/12 Pending -- -- --
03/10/2012 03/10/12 For Sale $40,500 -- $40 / 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 $5,769 $234,341 -- --
2023 $5,476 $222,277 $100,650 $121,627
2022 $5,235 $208,501 $0 $0
2021 $3,966 $148,096 $50,750 $97,346
2020 $3,749 $138,040 $45,500 $92,540
2019 $1,293 $76,392 $0 $0
2018 $1,230 $74,968 $0 $0
2017 $1,231 $73,426 $0 $0
2016 $1,218 $71,916 $0 $0
2015 $1,240 $71,416 $0 $0
2014 $1,884 $53,233 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10728799

BeachesMLS

APN: 38-43-44-21-15-128-0070