NOT LISTED FOR SALE

4460 Melaleuca Ln Lake Worth, FL 33461

Lake Worth Corridor Neighborhood

Estimated Value: $417,554 - $497,000

-- Bed
2 Baths
1,514 Sq Ft
$306/Sq Ft Est. Value

Last Sold June 28, 2014

Last sale price $130,000 $86 Per Sq Ft

Est. 257% increase in value since last sale

Current estimated payment $2,840/month

46 Days on Market

Highlights

  • Water Views
  • Central Heating and Cooling System
  • Fenced
  • Ceramic Tile Flooring
  • 2 Car Garage

About This Home

As of June 2014

Totally remodeled, fresh painted, income producing property. Both units rented. New central A/C. Ceramic tile floors. Quick closing. Great location.

Last Agent to Sell the Property

misael plasencia

Highlight Realty Corp/LW License #3191475 Listed on: 04/12/2014

Highlight Realty Corp/LW

Last Buyer's Agent

misael plasencia

Highlight Realty Corp/LW License #3191475 Listed on: 04/12/2014

Highlight Realty Corp/LW

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,611

Year Built

  • Built in 1965

Lot Details

  • 7,841 Sq Ft Lot
  • Fenced

Parking

  • 2 Car Garage

Property Views

  • Water
  • Garden

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,514 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $500
  • Rent includes electricity, cable TV
  • Assessor Parcel Number 00424425000006690

Community Details

Overview

  • 2 Units
  • Palm Beach County Subdivision

Building Details

  • Operating Expense $500
  • Net Operating Income $10,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,611

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: South east corner of Melaleuca Ln and Military trail
  • Year Built: 1965
  • Unit Levels: One
  • Building Stories: 1
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1514.0

Exterior Features

  • Exterior Features: Fence
  • View: Garden, Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Cable TV
  • Senior Community: No

Lot Info

  • Parcel #: 00424425000006690
  • Lot Size Sq Ft: 7841.0
  • Zoning Description: URBAN IN
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 10200.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 500.0
  • Total Actual Rent: 500.0

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 1611.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2014
Closed on
May 8, 2014
Sold by
Plasencia Miseal
Bought by
Isaac Emmanuela Rosier
Seller's Agent
misael plasencia
Highlight Realty Corp/LW
Buyer's Agent
misael plasencia
Highlight Realty Corp/LW
List Price
$165,000
Sold Price
$130,000
Premium/Discount to List
-$35,000
-21.21%
Current Estimated Value
$463,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,639
Avg. Annual Appreciation
11.87%
Original Mortgage
$65,000
Interest Rate
12%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 31, 2014
Sold by
Castillo Esperanza and Castillo Lourdes
Bought by
Plasencia Misael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
12%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 7, 2012
Sold by
Castillo Ulbicio
Bought by
Castillo Esperanza

Purchase Details

Closed on
Dec 2, 2003
Sold by
Rayss Cynthia
Bought by
Castillo Ulbicio
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
Isaac Emmanuela Rosier $130,000 Trident Title Llc
Plasencia Misael $90,000 Trident Title Llc
Castillo Esperanza -- Attorney
Castillo Ulbicio $110,000 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Isaac Emmanuela Rosier $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2014 06/28/14 Sold $130,000 -21.2% $86 / Sq Ft
05/29/2014 05/29/14 Pending -- -- --
04/12/2014 04/12/14 For Sale $165,000 -- $109 / 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 $4,810 $188,580 -- --
2023 $4,524 $171,436 $85,878 $201,083
2022 $4,255 $155,851 $0 $0
2021 $3,446 $158,169 $46,512 $111,657
2020 $3,161 $137,092 $24,663 $112,429
2019 $3,055 $133,677 $24,663 $109,014
2018 $2,492 $106,449 $24,663 $81,786
2017 $2,471 $106,449 $24,663 $81,786
2016 $2,615 $111,827 $0 $0
2015 $2,757 $115,954 $0 $0
2014 $1,737 $59,283 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • misael plasencia

    Seller's Agent in 2014

    misael plasencia

    Highlight Realty Corp/LW

    (561) 214-3813

    1 in this area

    29 Total Sales

    misael plasencia
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Map

Source: BeachesMLS

MLS Number: R10032472

BeachesMLS

APN: 00-42-44-25-00-000-6690

Florida Palm Beach County Lake Worth 33461 Lake Worth Corridor

4460 Melaleuca Ln, 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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