NOT LISTED FOR SALE

Estimated Value: $304,000 - $359,000

3 Beds
1 Bath
918 Sq Ft
$349/Sq Ft Est. Value

Last Sold December 11, 2024

Last sale price $315,000 $343 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,999/month

20 Days on Market

Highlights

  • Interior Lot
  • Laundry Room
  • No Heating
  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring
  • 1-Story Property

About This Home

As of December 2024

LOWEST-PRICED CONCRETE-BLOCK HOUSE FOR SALE IN THE ENTIRE CITY OF LAKE WORTH BEACH! NO H.O.A.! Fantastic location: JUST FOUR BLOCKS FROM LAKE AVE! This good-looking THREE-BEDROOM residence - ON A DOUBLE LOT - is competitively priced at a low $359 / sq. ft. (compare that to others nearby!) Impact-glass windows, and recently-replaced roof provide significant discounts on insurance. Built in 1950, the pinnacle of excellence in build-quality, this structurally-superior home sits on a solid concrete-slab foundation. Keep this impressive 'bunker' in your real estate portfolio indefinitely, as a reliable, HASSLE-FREE, income producer. Currently occupied by good-natured tenants who would like to stay. Ease-of-ownership makes this A SMART BUY FOR AN INTELLIGENT INVESTOR!

Last Agent to Sell the Property

Bret Taylor

Southdale Properties Inc. License #3098864 Listed on: 10/25/2024

Last Buyer's Agent

Bret Taylor

Southdale Properties Inc. License #3098864 Listed on: 10/25/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,874

Year Built

  • Built in 1950

Lot Details

  • 6,750 Sq Ft Lot
  • Lot Dimensions are 50' x 135'
  • Interior Lot
  • Property is zoned SF-TF-14

Interior Spaces

  • 918 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring
  • Electric Range
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Electric Water Heater

Community Details

  • Town Of Lake Worth: Royal Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38434421151430080

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,874

Year Built

Built in 1950

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 South E Street and turn right. Property is on the EAST side of the street.
  • Year Built: 1950
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Tub Shower
  • Main Level Bedrooms: 3
  • Furnished: Unfurnished
  • Appliances: Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile
  • Living Area: 918.0
  • Dining Room Type: Laundry
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • 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
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 38434421151430080
  • Lot Size: 50' x 135'
  • Lot Size Sq Ft: 6750.0
  • Zoning Description: SF-TF-14

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3874.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2024
Closed on
Dec 6, 2024
Sold by
Newson Scott D
Bought by
Jms Assets Management Llc
Seller's Agent
Bret Taylor
Southdale Properties Inc.
Buyer's Agent
Bret Taylor
Southdale Properties Inc.
List Price
$329,000
Sold Price
$315,000
Premium/Discount to List
-$14,000
-4.26%
Views
8
Current Estimated Value
$320,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,648
Avg. Annual Appreciation
1.67%

Purchase Details

Closed on
Mar 19, 2014
Sold by
Lake Worth Homes Inc
Bought by
Newson Scott D

Purchase Details

Closed on
Dec 15, 2011
Sold by
Karlsen Victoria and Martinez Karlsen Victoria
Bought by
Lake Worth Homes Inc

Purchase Details

Closed on
Sep 2, 2003
Sold by
Hudson Todd and Hudson Danielle
Bought by
Karlsen Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 2001
Sold by
Fletcher Bonnewit Group Inc
Bought by
Hudson Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,800
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2001
Sold by
Mohammed I Khalid I
Bought by
Fletcher Bonnewit Group

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 1994
Sold by
Iqbal Javaid and Spahos Carla
Bought by
Khalid Mohammed I
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jms Assets Management Llc $315,000 None Listed On Document
Newson Scott D $74,500 Attorney
Lake Worth Homes Inc $40,000 Universal Land Title Llc
Karlsen Victoria $95,000 Sunbelt Title Agency
Hudson Todd $84,000 Atlantis Title Company Of Pa
Fletcher Bonnewit Group $44,500 --
Khalid Mohammed I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Karlsen Victoria $40,000
Previous Owner Hudson Todd $79,800
Previous Owner Fletcher Bonnewit Group $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2024 12/11/24 Sold $315,000 -1.3% $343 / Sq Ft
11/14/2024 11/14/24 Pending -- -- --
11/06/2024 11/06/24 Price Changed $319,000 -3.0% $347 / Sq Ft
10/25/2024 10/25/24 For Sale $329,000 -- $358 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $3,874 $273,081 -- --
2024 $3,874 $116,068 -- --
2023 $3,512 $105,516 $0 $0
2022 $3,257 $95,924 $0 $0
2021 $2,791 $123,550 $57,600 $65,950
2020 $2,600 $112,872 $54,000 $58,872
2019 $2,404 $100,559 $43,200 $57,359
2018 $2,113 $81,488 $35,884 $45,604
2017 $1,930 $68,032 $22,428 $45,604
2016 $1,731 $54,146 $0 $0
2015 $1,648 $49,224 $0 $0
2014 $1,301 $28,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R11031955

BeachesMLS (Greater Fort Lauderdale)

APN: 38-43-44-21-15-143-0080