NOT LISTED FOR SALE

4280 Vermont Ave Lake Worth, FL 33461

Lake Worth Corridor Neighborhood

Estimated Value: $608,000 - $1,100,000

5 Beds
5 Baths
3,684 Sq Ft
$239/Sq Ft Est. Value

Last Sold December 01, 2021

Last sale price $850,000 $231 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,644/month

127 Days on Market

Highlights

  • Fruit Trees
  • Patio
  • Central Heating and Cooling System
  • Garden View
  • Ceramic Tile Flooring
  • Ceiling Fan

About This Home

As of December 2021

IMMACULATE 4-PLEX, EXTREMELY WELL MAINTAINED PROPERTY CONSISTING OF 2 UNITS - 2 BEDROOM 2 BATH, 1 UNIT - 2 BEDROOM 1 BATH, 1 unit with 3 Bedroom and 2 Baths all with private PATIO WITH 2 ASSIGNED PARKING SPOTS AND 3 GUEST SPOTS ALL CENTRAL HEAT AND AIR CONDITIONED. SECURITY CAMERAS AND NIGHT SENSER LIGHTS AND PRIVACY FENCED YARD AROUND ENTIRE COMPLEX. HAS HURRICANE SHUTTERS FOR HURRICANE SEASON AND WELL MAINTAINED GROUNDS. THIS PROPERTY NEEDS NOTHING! Owner lives in unit 3

Last Agent to Sell the Property

Jimmy Chapman

Partnership Realty Inc. License #667933 Listed on: 06/25/2021

Last Buyer's Agent

Frandy Louis

Selected Homes Realty LLC License #3191574

Selected Homes Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,434

Year Built

  • Built in 1977

Lot Details

  • Fenced
  • Fruit Trees

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,684 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Sliding Windows
  • Ceramic Tile Flooring
  • Garden Views

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00424425000005290

Community Details

Overview

  • 4 Units
  • Nice Park With Picnic Ar Subdivision

Building Details

  • Operating Expense $9,200
  • Net Operating Income $35,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,434

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: .Military Trail S of Lake Worth Road to Vermont on E side
  • Year Built: 1977
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 3684.0
  • Window Features: Blinds, Drapes, Sliding

Exterior Features

  • Exterior Features: Fence, Fruit Trees, Patio
  • View: Garden
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 00424425000005290
  • Lot Size: 1/4 to 1/2 Acre,West of
  • Zoning Description: RM

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 35200.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 9200.0

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4434.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2021
Closed on
Nov 30, 2021
Sold by
Martha Wexel
Bought by
Jrkv Properties Llc
Seller's Agent
Jimmy Chapman
Partnership Realty Inc.
Buyer's Agent
Frandy Louis
Selected Homes Realty LLC
List Price
$995,000
Sold Price
$850,000
Premium/Discount to List
-$145,000
-14.57%
Current Estimated Value
$880,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,596
Avg. Annual Appreciation
0.91%
Original Mortgage
$675,000
Outstanding Balance
$619,734
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$260,862

Purchase Details

Closed on
Apr 3, 1997
Sold by
Bludgen Robert W and Bludgen Roxane M
Bought by
Mullins Bobby and Wexel Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,912
Interest Rate
7.58%
Mortgage Type
FHA
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
Jrkv Properties Llc $850,000 Partnership Title & Escrow
Mullins Bobby $86,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jrkv Properties Llc $675,000
Previous Owner Mullins Bobby $86,912
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2021 12/01/21 Sold $850,000 -14.6% $231 / Sq Ft
11/01/2021 11/01/21 Pending -- -- --
06/26/2021 06/26/21 For Sale $995,000 -- $270 / 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 $12,138 $625,031 -- --
2023 $12,095 $622,268 $171,650 $450,618
2022 $12,972 $659,341 $0 $0
2021 $5,955 $428,918 $0 $0
2020 $4,433 $226,194 $0 $0
2019 $4,360 $221,227 $0 $0
2018 $3,687 $210,123 $0 $0
2017 $3,426 $192,700 $0 $0
2016 $3,233 $146,926 $0 $0
2015 $3,224 $141,028 $0 $0
2014 $2,974 $135,528 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jimmy Chapman

    Partnership Realty Inc.

    (888) 912-5258

    1 in this area

    13 Total Sales

    Jimmy Chapman
    Section Image
  • Frandy Louis

    Buyer's Agent in 2021

    Frandy Louis

    Selected Homes Realty LLC

    (561) 255-7631

    1 in this area

    122 Total Sales

    Frandy Louis
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10726902

BeachesMLS

APN: 00-42-44-25-00-000-5290

Florida Palm Beach County Lake Worth 33461 Lake Worth Corridor

4280 Vermont Ave, Lake Worth, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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