NOT LISTED FOR SALE

Estimated Value: $535,000 - $1,624,000

-- Bed
6 Baths
5,880 Sq Ft
$220/Sq Ft Est. Value

Last Sold April 14, 2022

Last sale price $1,590,000 $270 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $8,321/month

34 Days on Market

Highlights

  • Water Views
  • Patio
  • Central Heating and Cooling System
  • 38,975 Sq Ft lot
  • Ceramic Tile Flooring

About This Home

As of April 2022

ATTENTION INVESTORS - This property features 3 buildings with 2 units per building on a .89 acre lot in Lake Worth. Each individual unit has 3 spacious bedrooms & 1 full bathroom with a family room, eat-in kitchen, and private patio area. Tile flooring in each unit. Plenty of parking for all the residents and community laundry area. Great income property! Centrally located and easy access to everything!

Last Agent to Sell the Property

Ryan Jennings

Keller Williams Realty - Welli License #3071853 Listed on: 02/04/2022

Keller Williams Realty - Welli

Last Buyer's Agent

Barry Gutknecht

Compass Florida LLC License #3243372

Compass Florida LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,916

Year Built

  • Built in 1979

Lot Details

  • 0.89

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 5,880 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Sliding Windows
  • Ceramic Tile Flooring
  • Water Views

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Patio
  • 0.89 Acre Lot

Community Details

  • 4 Units
  • Palm Beach Farms Co 7 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00434430010170041

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,916

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: Lake Worth Road turn South on Kirk Road, property on left
  • Year Built: 1979
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Tile
  • Living Area: 5880.0
  • Window Features: Blinds, Sliding

Exterior Features

  • Exterior Features: Patio
  • View: Other, Water
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 00434430010170041
  • Lot Size: 1/2 to < 1 Acre
  • Lot Size Sq Ft: 38975.0
  • Zoning Description: RM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 12916.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2017
Sold by
Kirk Road Llc
Bought by
Ll & R S Stepping Stones Llc
Current Estimated Value
$1,291,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,000
Outstanding Balance
$365,235
Interest Rate
3.94%
Mortgage Type
Commercial
Estimated Equity
$926,348

Purchase Details

Closed on
Jan 3, 2011
Sold by
Brockwell Jon and Brockwell Alice
Bought by
Kirk Road Llc

Purchase Details

Closed on
Dec 18, 2009
Sold by
Mecca Institution For Distribution Compa
Bought by
Hyatt Gilbert E

Purchase Details

Closed on
Feb 20, 2009
Sold by
Kishk Nabil
Bought by
Hyatt Gilbert E

Purchase Details

Closed on
Dec 10, 2006
Sold by
Qr Two Llc
Bought by
Kishk Nabil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.29%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 1, 2006
Sold by
Byrne Robert T and Byrne Arlene A
Bought by
Qr Two Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.29%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 18, 2003
Sold by
Byrne Robert and Byrne Arlene
Bought by
Byrne Robert T and Byrne Arlene A

Purchase Details

Closed on
May 1, 1998
Sold by
Quail Run Mgmt Co
Bought by
Byrne Robert and Byrne Arlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$513,000
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 1998
Sold by
Dennis Leon and Dennis Patricia
Bought by
Quail Run Mgmt Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$513,000
Interest Rate
7.03%
Mortgage Type
New Conventional
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
Ll & R S Stepping Stones Llc $600,000 Attorney
Kirk Road Llc -- None Available
Hyatt Gilbert E -- Attorney
Hyatt Gilbert E -- Attorney
Kishk Nabil $525,999 Attorney
Qr Two Llc -- Attorney
Byrne Robert T -- --
Byrne Robert $743,000 --
Quail Run Mgmt Co $185,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ll & R S Stepping Stones Llc $439,000
Previous Owner Kishk Nabil $375,000
Previous Owner Quail Run Mgmt Co $513,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2022 04/14/22 Sold $1,590,000 -0.3% $270 / Sq Ft
03/15/2022 03/15/22 Pending -- -- --
02/08/2022 02/08/22 For Sale $1,595,000 -- $271 / 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 $18,327 $930,606 -- --
2023 $16,683 $846,005 $280,328 $565,677
2022 $14,343 $658,684 $0 $0
2021 $12,916 $598,804 $207,658 $391,146
2020 $14,001 $659,634 $300,000 $359,634
2019 $14,474 $675,927 $300,000 $375,927
2018 $12,593 $622,494 $289,170 $333,324
2017 $8,501 $477,909 $144,585 $333,324
2016 $7,642 $299,706 $0 $0
2015 $7,379 $272,460 $0 $0
2014 $6,681 $247,691 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10775452

BeachesMLS

APN: 00-43-44-30-01-017-0041