NOT LISTED FOR SALE

4447 47th Ave S Lake Worth, FL 33463

Lake Worth Corridor Neighborhood

Estimated Value: $709,000 - $826,004

8 Beds
4 Baths
3,600 Sq Ft
$215/Sq Ft Est. Value

Last Sold April 18, 2022

Last sale price $669,000 $186 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,184/month

4 Days on Market

Highlights

  • 26,955 Sq Ft lot
  • Patio
  • Central Heating and Cooling System
  • Fruit Trees
  • Tile Flooring
  • Fenced

About This Home

As of April 2022

Great investment property! 2 Duplexes, Solid CBS construction. 4 units on a large lot with plenty of green space. Each unit has 2 bedrooms, 1 bath, tile floors throughout, fenced backyards and patios & washer and dryer hook ups. Well water and septic tank with 2 newer drain fields. Low annual expenses , $14,397. All tenants are month to month and rents are below market.

Last Agent to Sell the Property

Bo Allen

Illustrated Properties LLC License #602992 Listed on: 03/15/2022

Illustrated Properties LLC

Co-Listed By

Jon Allen

Illustrated Properties LLC License #3250090

Last Buyer's Agent

Bo Allen

Illustrated Properties LLC License #602992 Listed on: 03/15/2022

Illustrated Properties LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,466

Year Built

  • Built in 1978

Lot Details

  • 0.62 Acre Lot
  • Fenced
  • Fruit Trees

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,600 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Tile Flooring

Outdoor Features

  • Patio

Schools

  • Santaluces Community High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00424425000003510

Community Details

Overview

  • 4 Units
  • Lake Worth Subdivision

Building Details

  • Operating Expense $14,397
  • Net Operating Income $32,703

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,466

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: 6th Ave to Military, north to Forrest on west side of Military
  • Year Built: 1978
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 3600.0
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Fence, Fruit Trees, Patio
  • 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
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • High School: Santaluces Community High

Lot Info

  • Parcel #: 00424425000003510
  • Lot Size: 161.0 ft x 167.0 ft
  • Lot Size Sq Ft: 26955.0
  • Zoning Description: RM
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 32703.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 14397.0

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 9466.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2023
Sold by
Mirza Home And Construction Company
Bought by
Mirzadeh Development Group Llc
Current Estimated Value
$775,251

Purchase Details

Closed on
Sep 3, 2015
Sold by
Mestre Maximo
Bought by
Forty Seventh Ave Exchange Llc

Purchase Details

Listed on
Apr 7, 2015
Closed on
Jun 1, 2015
Sold by
Forty Seventh Avenue Llc
Bought by
Mestre Max and Mestre Maximo
Seller's Agent
Cindy Bray
William Raveis Real Estate
Buyer's Agent
Dottie Davant
Realty Home Advisors Inc
List Price
$329,900
Sold Price
$315,000
Premium/Discount to List
-$14,900
-4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.06%

Purchase Details

Closed on
Nov 15, 2012
Sold by
Familette Jessica
Bought by
Forty Seventh Avenue Llc

Purchase Details

Closed on
Sep 1, 2010
Sold by
Kola Michael G and Kola Andrea
Bought by
Familette Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,717
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 22, 1995
Sold by
Eichstadt Walter S and Eichstadt Inge
Bought by
Kola Michael G and Kola Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
7.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 1994
Sold by
Smith Alan C
Bought by
Eichstadt Walter S and Eichstadt Inge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,300
Interest Rate
8.62%

Purchase Details

Closed on
May 2, 1985
Sold by
Smith Donald P and Smith Joyce T
Bought by
Smith Alan C
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
Mirzadeh Development Group Llc -- --
Mirzadeh Development Group Llc -- None Listed On Document
Forty Seventh Ave Exchange Llc -- Attorney
Mestre Max $315,000 None Available
Forty Seventh Avenue Llc $235,000 Attorney
Familette Jessica $247,000 None Available
Kola Michael G $135,000 --
Eichstadt Walter S $117,000 --
Smith Alan C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Familette Jessica $243,717
Previous Owner Kola Michael G $101,250
Previous Owner Eichstadt Walter S $105,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/18/2022 04/18/22 Sold $669,000 -1.5% $186 / Sq Ft
03/19/2022 03/19/22 Pending -- -- --
03/15/2022 03/15/22 For Sale $679,000 +115.6% $189 / Sq Ft
06/01/2015 06/01/15 Sold $315,000 -4.5% $83 / Sq Ft View Prior Sale
05/02/2015 05/02/15 Pending -- -- --
04/10/2015 04/10/15 For Sale $329,900 0.0% $87 / Sq Ft
10/28/2014 10/28/14 For Rent $850 0.0% --
10/28/2014 10/28/14 Rented $850 +3.0% --
10/15/2013 10/15/13 Rented $825 -8.3% --
09/15/2013 09/15/13 Under Contract -- -- --
05/15/2013 05/15/13 For Rent $900 -- --
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 $12,836 $667,926 -- --
2023 $12,746 $661,926 $206,775 $455,151
2022 $11,145 $436,554 $0 $0
2021 $9,466 $524,803 $269,550 $255,253
2020 $8,169 $389,893 $136,000 $253,893
2019 $7,876 $382,085 $136,000 $246,085
2018 $6,526 $317,154 $134,490 $182,664
2017 $6,014 $286,118 $103,454 $182,664
2016 $5,593 $246,423 $0 $0
2015 $4,743 $160,204 $0 $0
2014 $3,991 $145,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bo Allen

    Seller's Agent in 2022

    Bo Allen

    Illustrated Properties LLC

    (561) 329-9997

    1 in this area

    145 Total Sales

    Bo Allen
    Section Image
  • Jon Allen

    Seller Co-Listing Agent in 2022

    Jon Allen

    Illustrated Properties LLC

    (561) 312-8713

    1 in this area

    77 Total Sales

    Jon Allen
    Section Image

  • C

    Seller's Agent in 2015

    Cindy Bray

    William Raveis Real Estate

    (561) 655-6570

    1 in this area

    72 Total Sales

    Cindy Bray
    Section Image

  • D

    Buyer's Agent in 2015

    Dottie Davant

    Realty Home Advisors Inc

    (561) 667-5703

    26 Total Sales

    Dottie Davant
    Section Image

  • C

    Buyer's Agent in 2014

    Connie Angrisani

    Rent 1 Sale 1 Realty PBC, Inc

See All Agents

Map

Source: BeachesMLS

MLS Number: R10783886

BeachesMLS

APN: 00-42-44-25-00-000-3510

Florida Palm Beach County Lake Worth 33463 Lake Worth Corridor

4447 47th Ave S, Lake Worth, FL

This home is located at 4447 47th Ave S, Lake Worth, FL 33463 since 15 March 2022 and is currently estimated at $775,251, approximately $215 per square foot. This property was built in 1978. 4447 47th Ave S is a home located in Palm Beach County with nearby schools including Santaluces Community High School, Heritage Elementary School, and L C Swain Middle School.

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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