$516,000
SOLD MAR 1, 2024 RENTED SEP 18, 2024
-- Bed
-- Bath
1,120 Sq Ft
3,376 Sq Ft Lot

Recently Sold

$461 Per Sq Ft

4% Above List Price

17 Days on Market

Highlights

  • Water Views
  • Porch
  • Terrazzo Flooring
  • Deck
  • Open Patio
  • Central Heating and Cooling System

About This Home

As of March 2024

STUNNING DUPLEX PROPERTY IN THE HEART OF LAKE WORTH BEACH JUST BLOCKS TO DT SHOPPING, NIGHTLIFE, ARTS, DINING, ETC. AND JUST OVER 1-MILE TO THE ATLANTIC OCEAN!!! PROPERTY FEATURES INCLUDE SOLID CBS CONSTRUCTION, IMPACT WINDOWS AND DOORS, AND A NEW (JANUARY 2024) ROOF HELPS MAKE THIS PROPERTY ULTRA STRONG AGAINST MOTHER NATURE. EACH SIDE IS COMPRISED OF 1BEDROOM AND 1FULL BATH, CUSTOM CABINETS, QUARTZ COUNTERS, BILL CHILL RETRO REFRIGERATORS, GLEAMING TERAZZO FLOORS, MINI-SPLIT A/C, WASHER/DRYER, PRIVATE COURTYARD, ALL IN AN ART DECO DESIGN!THIS IS AN ESTABLISHED (4YRS) SHORT-TERM RENTAL PROPERTY (TURN KEY).

Last Agent to Sell the Property

brian gleason

The Corcoran Group License #706766 Listed on: 02/09/2024

The Corcoran Group

Last Buyer's Agent

Lynne Gewant

Coldwell Banker Realty /Delray Beach License #3075809

Coldwell Banker Realty /Delray Beach

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,242

Year Built

  • Built in 1960

Lot Details

  • 3,376 Sq Ft Lot
  • Fenced

Property Views

  • Water
  • Garden

Home Design

  • Duplex
  • Tar and Gravel Roof

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property
  • Terrazzo Flooring

Outdoor Features

  • Deck
  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 38434421151120151

Community Details

Overview

  • 2 Units
  • Lake Worth Town Of Subdivision

Building Details

  • Operating Expense $16,300
  • Net Operating Income $48,858

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,242

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: SE CORNER OF NORTH 'K' STREET AND 5TH AVENUE NORTH
  • Year Built: 1960
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Terrazzo
  • Living Area: 1120.0

Exterior Features

  • Exterior Features: Deck, Fence, Porch, Patio
  • View: Garden, Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Deck, Open, Patio, Porch
  • Property Condition: Resale
  • Roof: Other, Tar/Gravel

Utilities

  • Cooling: Central Air
  • 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 #: 38434421151120151
  • Lot Size: 50.0 ft x 68.0 ft
  • Lot Size Sq Ft: 3376.0
  • Zoning Description: SF-TF-
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Property Net Operating Income: 48858.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 16300.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8242.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2024
Closed on
Mar 1, 2024
Sold by
L-Dub Investments 2 Llc
Bought by
Sun On The Water Llc
Seller's Agent
brian gleason
The Corcoran Group
Buyer's Agent
Lynne Gewant
Coldwell Banker Realty /Delray Beach
List Price
$495,000
Sold Price
$516,000
Premium/Discount to List
$21,000
4.24%
Views
24
Current Estimated Value
$474,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,205
Avg. Annual Appreciation
-0.90%

Purchase Details

Listed on
May 18, 2021
Closed on
Sep 2, 2021
Sold by
Lewis Bret and Lewis Melissa
Bought by
L Dub Investments 2 Llc
Seller's Agent
Angela Williams
The Keyes Company
Buyer's Agent
brian gleason
The Corcoran Group
List Price
$499,000
Sold Price
$460,000
Premium/Discount to List
-$39,000
-7.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.70%
Original Mortgage
$306,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 18, 2021
Closed on
Aug 30, 2021
Sold by
Jones Craig and Jones Melissa
Bought by
Lewis Bret and Lewis Melissa
Seller's Agent
Angela Williams
The Keyes Company
Buyer's Agent
brian gleason
The Corcoran Group
List Price
$499,000
Sold Price
$460,000
Premium/Discount to List
-$39,000
-7.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2019
Sold by
Williams Family Revocable Living Trust
Bought by
Jones Craig and Jones Melissa

Purchase Details

Closed on
Apr 12, 2019
Sold by
Williams Philip J and Williams Angela N
Bought by
The Williams Family Revocable Living Tru

Purchase Details

Listed on
Aug 10, 2018
Closed on
Sep 20, 2018
Sold by
Js Iii Llc
Bought by
Williams Philip J
Seller's Agent
Joe McGovern
HBRES, Inc
Buyer's Agent
Angela Williams
The Keyes Company
List Price
$179,000
Sold Price
$175,000
Premium/Discount to List
-$4,000
-2.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.88%

Purchase Details

Closed on
Dec 14, 2009
Sold by
Hartl Jerome A and Meve Jeffrey J
Bought by
Js Iii Llc

Purchase Details

Closed on
Jul 16, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Hartl Jerome A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,825
Interest Rate
5.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2008
Sold by
Acosta Alberto
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Dec 23, 2002
Sold by
Strivelli Steven M and Hebart Strivelli Ronnie Lynn
Bought by
Acosta Alberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,200
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 2002
Sold by
Garcia Jorge
Bought by
Strivelli Steven M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,450
Interest Rate
6.81%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 21, 1999
Sold by
Gobin Ash R and Gobin Crystabelle
Bought by
Garcia Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,200
Interest Rate
7.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 1994
Sold by
Neikirk William M and Neikirk Vivian
Bought by
Gobin Ash Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
7.77%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $516,000 First American Title Insurance
Warranty Deed -- Accommodation
Warranty Deed $460,000 Florida Title Closings
Warranty Deed $375,000 Florida Title Closings
Interfamily Deed Transfer -- Attorney
Warranty Deed $175,000 Attorney
Quit Claim Deed $63,557 Attorney
Special Warranty Deed $85,100 Attorney
Trustee Deed -- None Available
Trustee Deed -- None Available
Warranty Deed $114,000 Sunbelt Title Agency
Warranty Deed $84,500 Flagler Title Company
Warranty Deed $58,000 --
Warranty Deed $44,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $306,000 New Conventional
Previous Owner $63,825 New Conventional
Previous Owner $25,000 Credit Line Revolving
Previous Owner $143,000 Unknown
Previous Owner $91,200 Purchase Money Mortgage
Previous Owner $81,450 FHA
Previous Owner $52,200 New Conventional
Previous Owner $34,000 Purchase Money Mortgage
Closed $22,800 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2024 09/18/24 Rented $1,850 -1.3% --
09/05/2024 09/05/24 Price Changed $1,875 -1.3% $3 / Sq Ft
08/26/2024 08/26/24 For Rent $1,900 0.0% --
08/26/2024 08/26/24 Price Changed $1,900 -9.5% $3 / Sq Ft
08/22/2024 08/22/24 Off Market $2,100 -- --
08/14/2024 08/14/24 Price Changed $2,100 -6.7% $4 / Sq Ft
08/06/2024 08/06/24 Price Changed $2,250 -2.2% $4 / Sq Ft
07/25/2024 07/25/24 Price Changed $2,300 -4.2% $4 / Sq Ft
07/08/2024 07/08/24 For Rent $2,400 0.0% --
03/01/2024 03/01/24 Sold $516,000 +4.2% $461 / Sq Ft
02/27/2024 02/27/24 Pending -- -- --
02/09/2024 02/09/24 For Sale $495,000 +7.6% $442 / Sq Ft
08/30/2021 08/30/21 Sold $460,000 -7.8% $411 / Sq Ft
07/31/2021 07/31/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $499,000 +185.1% $446 / Sq Ft
09/21/2018 09/21/18 Sold $175,000 -2.2% $156 / Sq Ft
08/22/2018 08/22/18 Pending -- -- --
08/10/2018 08/10/18 For Sale $179,000 -- $160 / 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 $9,232 $363,568 -- --
2023 $8,242 $330,516 $133,200 $197,316
2022 $7,754 $304,645 $0 $0
2021 $5,020 $178,747 $83,700 $95,047
2020 $5,046 $178,670 $91,800 $86,870
2019 $4,682 $162,470 $75,600 $86,870
2018 $2,829 $122,319 $54,547 $67,772
2017 $2,627 $104,327 $49,588 $54,739
2016 $2,422 $60,006 $0 $0
2015 $2,298 $54,551 $0 $0
2014 $2,193 $49,592 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10958233

BeachesMLS

APN: 38-43-44-21-15-112-0151