NOT LISTED FOR SALE

Estimated Value: $494,601 - $559,000

2 Beds
2 Baths
2,608 Sq Ft
$204/Sq Ft Est. Value

Last Sold August 11, 2017

Last sale price $195,000 $75 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $3,407/month

27 Days on Market

Highlights

  • Garden View
  • Cooling System Mounted To A Wall/Window
  • 3 Car Garage
  • No HOA
  • Tile Flooring
  • Heating System Mounted To A Wall or Window

About This Home

As of August 2017

Investor Opportunity with great rental income!!!Cute duplex , features two 2/2 units and behind is a 3-car Garage fully air conditioned, located in the back of the property. Property is fully leased, and 3 Car Garage is also being rented for $300 per month. This property is a money maker! Duplex is close to downtown Lake Worth with plenty of shops and restaurants within walking distance. Close to Publix, shopping, I95 and public transit. 100% Occupied, tenants pay all utilities. Property is ready to be sol

Last Agent to Sell the Property

Geoffrey Mullen

MMLS Assoc.-Inactive Member License #3133762 Listed on: 06/08/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,608

Year Built

  • Built in 1952

Lot Details

  • 8,100

Parking

  • 3 Car Garage

Home Design

  • Duplex
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,608 Sq Ft Home
  • 1-Story Property
  • Single Hung Metal Windows
  • Tile Flooring
  • Garden Views

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Additional Features

  • 8,100 Sq Ft Lot
  • West of U.S. Route 1

Listing and Financial Details

  • Tenant pays for exterior electric
  • Assessor Parcel Number 38434421151280220

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Lake Worth Town Of,Town Of Lake Worth Subdivision

Building Details

  • Operating Expense $3,106
  • Net Operating Income $23,594

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,608

Year Built

Built in 1952

Lot Details

8,100 Sq Ft Lot

Parking

3

Listing Details

  • Property Type: Residential Income
  • Year Built: 1952
  • Property Sub Type: Duplex
  • Directions: TOWN OF LAKE WORTH LTS 22, 23 & N 10 FT OF LT 24 BLK 128
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: LAKE WORTH TOWN OF,Town of Lake Worth
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2608
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Single Hung Metal

Exterior Features

  • Roof: Other
  • View: Garden
  • Exterior Features: None
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot, West Of US 1
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Covered Parking Spaces: 3
  • Garage Spaces: 3

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association: No
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Parcel Number: 38434421151280220
  • Lot Size Sq Ft: 8100
  • Zoning: SF-TF-
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Net Operating Income: 23594
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Operating Expense: 3106

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 2608

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2017
Sold by
Marinkov Ty J and Yahia Frances C
Bought by
M T Y Investments Llc
Current Estimated Value
$531,400

Purchase Details

Listed on
Jun 8, 2017
Closed on
Aug 11, 2017
Sold by
Hermosa Casa Llc
Bought by
Marinkov Ty J and Yahia France C
Seller's Agent
Geoffrey Mullen
MMLS Assoc.-Inactive Member
List Price
$190,000
Sold Price
$195,000
Premium/Discount to List
$5,000
2.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.35%
Original Mortgage
$146,250
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 10, 2012
Closed on
May 3, 2012
Sold by
Aurora Loan Services Llc
Bought by
Hermosa Casa Llc
Seller's Agent
PABLO ALEX SCUTARI
Gold Crown Unlimited, LLC
Buyer's Agent
Bret Taylor
Southdale Properties Inc.
List Price
$35,000
Sold Price
$72,100
Premium/Discount to List
$37,100
106%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.09%

Purchase Details

Closed on
Mar 16, 2012
Sold by
Cappella Brian G
Bought by
Aurora Loan Servicing Llc

Purchase Details

Closed on
Apr 4, 2001
Sold by
Tait John Trust C
Bought by
Cappella Brian G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
7.11%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
M T Y Investments Llc $262,500 Horizon Title Svcs Inc
Marinkov Ty J $195,000 Horizon Title Services Inc
Hermosa Casa Llc $72,100 None Available
Aurora Loan Servicing Llc -- None Available
Cappella Brian G $49,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marinkov Ty J $146,250
Previous Owner Cappella Brian G $42,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/11/2017 08/11/17 Sold $195,000 +2.6% $75 / Sq Ft
07/05/2017 07/05/17 Pending -- -- --
06/08/2017 06/08/17 For Sale $190,000 0.0% $73 / Sq Ft
04/01/2016 04/01/16 Rented $300 -45.5% --
04/01/2016 04/01/16 Rented -- -- --
03/02/2016 03/02/16 Under Contract -- -- --
02/29/2016 02/29/16 For Rent $550 0.0% --
05/30/2012 05/30/12 Sold $72,100 +106.0% $58 / Sq Ft View Prior Sale
04/30/2012 04/30/12 Pending -- -- --
04/11/2012 04/11/12 For Sale $35,000 -- $28 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $7,698 $293,390 -- --
2024 $7,698 $266,718 -- --
2023 $7,389 $242,471 $0 $0
2022 $6,467 $220,428 $0 $0
2021 $5,694 $224,846 $67,600 $157,246
2020 $5,170 $187,984 $59,800 $128,184
2019 $4,879 $182,784 $54,600 $128,184
2018 $4,315 $150,555 $51,646 $98,909
2017 $2,833 $96,074 $36,890 $59,184
2016 $2,608 $74,534 $0 $0
2015 $2,432 $67,758 $0 $0
2014 $2,411 $61,598 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: R10341105

MIAMI REALTORS® MLS

APN: 38-43-44-21-15-128-0220

Your Personal Tour Guide

Ask me questions while you tour the home.