NOT LISTED FOR SALE

Estimated Value: $197,000 - $308,000

2 Beds
1 Bath
716 Sq Ft
$367/Sq Ft Est. Value

Last Sold October 31, 2014

Last sale price $68,000 $95 Per Sq Ft

Est. 285% increase in value since last sale

Current estimated payment $1,674/month

29 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • East Facing Home
  • 1-Story Property
  • Ceramic Tile Flooring
  • No Heating

About This Home

As of October 2014

Attention Investors! Fantastic easy-to-maintain two bedroom CBS home in an extraordinarily strong rental location on the North side of town. Tenants in Lake Worth pay top dollar to live walking distance to the city's main commercial street, Lake Avenue. This house sits just four blocks away from all the stores and cafes they love. The structure is like a concrete bunker. No frills, no complicated adornments, no unusual additions to make you worry, no architectural irregularities to maintain... A straight-forward, solid, durable, no-nonsense place for tenants to live and give you generous monthly payments. Already presently rented to very happy tenants paying $900 / month. Huge backyard, spacious eat-in kitchen, great condition.

Last Agent to Sell the Property

Bret Taylor

Southdale Properties Inc. License #3098864 Listed on: 09/01/2014

Last Buyer's Agent

Bret Taylor

Southdale Properties Inc. License #3098864 Listed on: 09/01/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,080

Year Built

  • Built in 1943

Lot Details

  • East Facing Home
  • Property is zoned SFTF14

Interior Spaces

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • Lake Worth Town Of In Pb Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38434421151260210

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,080

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Take Lucerne Avenue to North D Street and turn North. Then turn East on to 5th Avenue North. Then turn South on to North E St. Property is on West side of street.
  • Year Built: 1943
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 716.0
  • Stories: 1

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: East

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 38434421151260210
  • Zoning Description: SFTF14

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 1080.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2014
Closed on
Oct 31, 2014
Sold by
Newson Scott
Bought by
2 Erin 89 Llc
Seller's Agent
Bret Taylor
Southdale Properties Inc.
Buyer's Agent
Bret Taylor
Southdale Properties Inc.
List Price
$75,000
Sold Price
$68,000
Premium/Discount to List
-$7,000
-9.33%
Current Estimated Value
$261,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,863
Avg. Annual Appreciation
13.60%

Purchase Details

Closed on
Apr 26, 2011
Sold by
Osowsky David and Osowsky Elaine
Bought by
Newson Scott

Purchase Details

Closed on
Oct 16, 2003
Sold by
Lambert Danny
Bought by
Osowsky David

Purchase Details

Closed on
Oct 14, 2003
Sold by
Rodriguez Carlos and Lambert Danny
Bought by
Lambert Danny

Purchase Details

Closed on
Mar 9, 2000
Sold by
Rodberg Lauren
Bought by
Lambert Danny R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,000
Interest Rate
8.3%
Mortgage Type
Purchase Money Mortgage
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
2 Erin 89 Llc $68,000 Attorney
Newson Scott $36,000 Attorney
Osowsky David $67,500 Flagler Title Company
Lambert Danny -- Flagler Title Company
Lambert Danny R $31,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lambert Danny R $16,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2014 10/31/14 Sold $68,000 -9.3% $95 / Sq Ft
10/01/2014 10/01/14 Pending -- -- --
09/01/2014 09/01/14 For Sale $75,000 -- $105 / 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 $2,959 $88,967 -- --
2023 $2,752 $80,879 $0 $0
2022 $2,593 $73,526 $0 $0
2021 $2,169 $81,965 $24,650 $57,315
2020 $2,039 $76,579 $22,100 $54,479
2019 $1,929 $73,270 $22,100 $51,170
2018 $1,725 $61,277 $17,337 $43,940
2017 $1,591 $51,697 $14,448 $37,249
2016 $1,474 $41,504 $0 $0
2015 $1,378 $37,731 $0 $0
2014 $1,204 $25,870 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10068862

BeachesMLS

APN: 38-43-44-21-15-126-0210