NOT LISTED FOR SALE

Estimated Value: $338,000 - $419,000

2 Beds
2 Baths
1,000 Sq Ft
$369/Sq Ft Est. Value

Last Sold April 29, 2015

Last sale price $127,000 $127 Per Sq Ft

Est. 191% increase in value since last sale

Current estimated payment $2,545/month

37 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Fenced

About This Home

As of April 2015

Charming one story CBS duplex. Location Location Location! Very nice and well maintained property. Great investment property with a 1 bedroom 1 bath. Gorgeous hardwood floors. Located in the middle of the historical Downtown Lake Worth. Three blocks from the shopping and bustling restaurants downtown on Lake Avenue. Just a mile from the beach. Tenants are in a month to month lease. The front is rented for $650 a month and the back is rented for $625 a month.

Last Agent to Sell the Property

Charles Andrews

Re/Max Prestige Realty/LWB License #3268214 Listed on: 02/20/2015

Last Buyer's Agent

Katherine Curtis

NextHome Real Estate Executives License #3279717

NextHome Real Estate Executives

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,375

Year Built

  • Built in 1955

Lot Details

  • 3,375 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Total Actual Rent $15,300
  • Rent includes electricity, sewer, cable TV, water
  • Assessor Parcel Number 38434421151550080

Community Details

Overview

  • 2 Units
  • Lake Worth Town Of In Pb Subdivision

Building Details

  • Operating Expense $4,500
  • Net Operating Income $10,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,375

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: 6 th Avenue East to K Street North to property on right hand side.
  • Year Built: 1955
  • Unit Levels: One
  • Building Stories: 1
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood
  • Living Area: 1000.0

Exterior Features

  • Exterior Features: Fence
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Roof: Composition, Shingle

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Sewer, Cable TV, Water
  • Senior Community: No

Lot Info

  • Parcel #: 38434421151550080
  • Lot Size Sq Ft: 3375.0
  • Zoning Description: RM20
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 10800.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 4500.0
  • Total Actual Rent: 15300.0

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 2375.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2024
Sold by
Bywater Bungalow Llc
Bought by
Clarke Charles A
Current Estimated Value
$369,490

Purchase Details

Closed on
Apr 14, 2023
Sold by
Bywater Bungalow Llc
Bought by
Clarke Charles A

Purchase Details

Closed on
Jun 1, 2022
Sold by
Clarke Charles A
Bought by
Bywater Bungalow Llc

Purchase Details

Listed on
Feb 20, 2015
Closed on
Apr 28, 2015
Sold by
Sky R E Holdings Llc
Bought by
Clarke Charles Alfred
Seller's Agent
Charles Andrews
Re/Max Prestige Realty/LWB
Buyer's Agent
Katherine Curtis
NextHome Real Estate Executives
List Price
$129,000
Sold Price
$127,000
Premium/Discount to List
-$2,000
-1.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.31%
Original Mortgage
$82,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 10, 2012
Closed on
Nov 15, 2012
Sold by
Carvo Maritza and Gonzalez Maria C
Bought by
Sky R E Holdings Llc
Seller's Agent
Claudia Toro
LoKation
Buyer's Agent
Claudia Toro
LoKation
List Price
$99,900
Sold Price
$65,000
Premium/Discount to List
-$34,900
-34.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.44%

Purchase Details

Closed on
May 9, 2005
Sold by
Jones Thomas L and Smith Jones Kathie J
Bought by
Carvo Maritza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
5.98%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 6, 1998
Sold by
Lazar John and Lazar Ilona
Bought by
Rasser Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,812
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 1996
Sold by
Vizi Louis and Vizi Irma
Bought by
Lazar John
Source: Public Records

Range of Values:

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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
Clarke Charles A -- None Listed On Document
Clarke Charles A -- None Listed On Document
Clarke Charles A -- None Listed On Document
Bywater Bungalow Llc -- None Listed On Document
Clarke Charles Alfred $127,000 First American Title Ins Co
Sky R E Holdings Llc $65,000 Enterprise Title Inc
Carvo Maritza $245,000 Standard Ttile Insurance Age
Rasser Patricia $43,800 --
Lazar John $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clarke Charles Alfred $82,000
Previous Owner Carvo Maritza $196,000
Previous Owner Jones Thomas L $84,000
Previous Owner Jones Thomas L $90,000
Previous Owner Lazar John $32,812
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2015 04/29/15 Sold $127,000 -1.6% $127 / Sq Ft
03/30/2015 03/30/15 Pending -- -- --
02/20/2015 02/20/15 For Sale $129,000 +98.5% $129 / Sq Ft
11/15/2012 11/15/12 Sold $65,000 -34.9% $62 / Sq Ft
10/03/2012 10/03/12 Pending -- -- --
07/09/2012 07/09/12 For Sale $99,900 -- $96 / 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 $6,379 $243,403 -- --
2023 $6,018 $230,674 $138,900 $91,774
2022 $4,723 $158,805 $0 $0
2021 $4,324 $160,142 $83,700 $76,442
2020 $4,152 $163,000 $91,800 $71,200
2019 $3,862 $148,115 $75,600 $72,515
2018 $3,415 $120,486 $54,547 $65,939
2017 $3,151 $102,883 $49,588 $53,295
2016 $2,888 $89,641 $0 $0
2015 $2,497 $67,539 $0 $0
2014 $2,375 $61,399 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10113334

BeachesMLS

APN: 38-43-44-21-15-155-0080