NOT LISTED FOR SALE

4780 Lehto Ln Lake Worth, FL 33461

Lake Worth Corridor Neighborhood

Estimated Value: $634,000 - $833,000

12 Beds
4 Baths
1,960 Sq Ft
$378/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $725,000 $370 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,877/month

2 Days on Market

Highlights

  • Corner Lot
  • Central Heating and Cooling System
  • Vinyl Flooring

About This Home

As of August 2023

Two duplexes (2 buildings) on one parcel.East duplex has 2 apartments.Each apartment has 3BR/1BA,the 3rd BR shares the washer/dryer hookup. area.Both buildings need new a roof.Current rents are low, can be increased probably $1,800-$1,900,4760 $1,245 S/B $1,695.004752 $1,295 1,695.004778 1,695 1,695.004780 1,195 1 695.00

Last Agent to Sell the Property

Gail Paglialungo

LAER Realty Partners Bowen/Wellington License #322805 Listed on: 07/13/2023

LAER Realty Partners Bowen/Wellington

Last Buyer's Agent

Ravi Mohanka

Sainaam Realty & Investment License #3034455

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,349

Year Built

  • Built in 1979

Lot Details

  • 3,920 Sq Ft Lot
  • Corner Lot

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,960 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 00424425060000010

Community Details

Overview

  • 2 Units
  • Ella Mar Park Subdivision

Building Details

  • Operating Expense $14,335
  • Net Operating Income $50,825

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,349

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: South side of Melaleuca Ln, between Kirk Rd and Military Tr.
  • Year Built: 1979
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Private Spa: No
  • Flooring: Vinyl
  • Living Area: 1960.0

Exterior Features

  • Lot Features: Corner Lot
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: 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 #: 00424425060000010
  • Lot Size: 1/4 to 1/2 Acre,Corner L
  • Lot Size Sq Ft: 3920.0
  • Zoning Description: RM-Multi
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 50825.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 14335.0

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9349.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2023
Closed on
Aug 31, 2023
Sold by
Flow Melanie M
Bought by
Manju Holdings 2 Llc
Seller's Agent
Gail Paglialungo
LAER Realty Partners Bowen/Wellington
Buyer's Agent
Ravi Mohanka
Sainaam Realty & Investment
List Price
$850,000
Sold Price
$725,000
Premium/Discount to List
-$125,000
-14.71%
Views
11
Current Estimated Value
$741,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,184
Avg. Annual Appreciation
1.03%

Purchase Details

Closed on
Jul 19, 2007
Sold by
Flow Melanie M and Flow Keely K
Bought by
Flow Melanie M
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
Manju Holdings 2 Llc $725,000 Standard Title
Manju Holdings 2 Llc $725,000 Standard Title
Flow Melanie M -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2023 08/31/23 Sold $725,000 -14.7% $370 / Sq Ft
07/21/2023 07/21/23 For Sale $850,000 0.0% $434 / Sq Ft
07/17/2023 07/17/23 Pending -- -- --
07/14/2023 07/14/23 For Sale $850,000 -- $434 / 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 $11,751 $601,267 -- --
2023 $9,292 $358,454 $169,200 $426,067
2022 $9,348 $325,867 $0 $0
2021 $7,743 $427,701 $194,400 $233,301
2020 $7,097 $374,239 $136,000 $238,239
2019 $6,862 $363,495 $136,000 $227,495
2018 $5,785 $326,786 $134,490 $192,296
2017 $5,341 $295,750 $103,454 $192,296
2016 $4,962 $183,944 $0 $0
2015 $4,946 $167,222 $0 $0
2014 $4,100 $152,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gail Paglialungo

    Seller's Agent in 2023

    Gail Paglialungo

    LAER Realty Partners Bowen/Wellington

    (561) 358-2048

    1 in this area

    26 Total Sales

    Gail Paglialungo
    Section Image
  • Ravi Mohanka

    Buyer's Agent in 2023

    Ravi Mohanka

    Sainaam Realty & Investment

    (561) 714-1196

    9 in this area

    351 Total Sales

    Ravi Mohanka
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10904263

BeachesMLS

APN: 00-42-44-25-06-000-0010

Florida Palm Beach County Lake Worth 33461 Lake Worth Corridor

4780 Lehto 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.

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