NOT LISTED FOR SALE

4783 Penn Grove St Unit A & B Lake Worth, FL 33461

Lake Worth Corridor Neighborhood

Estimated Value: $459,240 - $481,000

4 Beds
3 Baths
1,613 Sq Ft
$294/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $314,000 $195 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,925/month

92 Days on Market

Highlights

  • Cooling Available
  • Fenced
  • Heating Available
  • Ceramic Tile Flooring

About This Home

As of April 2021

GREAT INVESTMENT PROPERTY! Situated on a large lot, 3/1 single family home, carport, plus separate 1/1 Guest House with full kitchen, (Unit A & B). Great and Convenient location closed to I95. Zoned for up to 10 Units. Huge yard and plenty of parking!

Last Agent to Sell the Property

Leslie Valdes

Highlight Realty Corp/LW License #3114199 Listed on: 12/28/2020

Highlight Realty Corp/LW

Last Buyer's Agent

Nick DeLucia

LPT Realty, LLC License #3289411

LPT Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,608

Year Built

  • Built in 1955

Lot Details

  • Fenced

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,613 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring

Utilities

  • Cooling Available
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00424425150000030

Community Details

Overview

  • 2 Units
  • Penn Grove Sub In Subdivision

Building Details

  • Net Operating Income $27,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,608

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Military Tr S of 10th Ave to Melaleuca Left, Right to Penn Grove, property on the right .
  • Year Built: 1955
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1613.0

Exterior Features

  • Exterior Features: Fence
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No

Lot Info

  • Parcel #: 00424425150000030
  • Zoning Description: RES

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 27600.0
  • Number Of Units Total: 2

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2608.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2020
Closed on
Apr 30, 2021
Sold by
Blanco Jose L
Bought by
Vaquera Bryce A
Seller's Agent
Leslie Valdes
Highlight Realty Corp/LW
Buyer's Agent
Nick DeLucia
LPT Realty, LLC
List Price
$359,000
Sold Price
$314,000
Premium/Discount to List
-$45,000
-12.53%
Current Estimated Value
$473,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,560
Avg. Annual Appreciation
9.56%
Original Mortgage
$308,312
Outstanding Balance
$279,408
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$194,152

Purchase Details

Closed on
Jan 11, 2018
Sold by
Blanco Jose L
Bought by
Blanco Jose L

Purchase Details

Closed on
Oct 24, 2012
Sold by
Coastal Properties Management & Developm
Bought by
Blanco Jose L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,735
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 5, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Coastal Properties Management & Developm

Purchase Details

Closed on
Oct 8, 2009
Sold by
Brockman Jason and Case #2009Ca004192xxxxmbaw
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Aug 10, 2006
Sold by
Naler Patricia A
Bought by
Brockman Jason

Purchase Details

Closed on
Sep 28, 2001
Sold by
Community Homes At Lake Worth Inc
Bought by
Naler Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
6.89%

Purchase Details

Closed on
Apr 13, 2001
Sold by
Bankers Trust Co C
Bought by
Community Homes Of Lake Worth

Purchase Details

Closed on
Feb 23, 2001
Sold by
Martin Mcgee M and Coc Mcgee M M
Bought by
Bankers Trust Co

Purchase Details

Closed on
Nov 17, 1994
Sold by
Walter Robert E
Bought by
Mcgee Diane
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Vaquera Bryce A $314,000 Premier Choice Title Llc
Blanco Jose L -- Attorney
Blanco Jose L $125,000 Oz Title Llc
Blanco Jose L $125,000 Oz Title Llc
Coastal Properties Management & Developm $57,000 Attorney
Deutsche Bank National Trust Company -- None Available
Brockman Jason $177,500 Integrity Land Title
Naler Patricia A $85,000 Old School Title Company
Community Homes Of Lake Worth $50,000 --
Bankers Trust Co $92,600 --
Mcgee Diane -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vaquera Bryce A $308,312
Previous Owner Blanco Jose L $122,735
Previous Owner Naler Patricia A $76,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2021 04/30/21 Sold $314,000 -12.5% $195 / Sq Ft
03/31/2021 03/31/21 Pending -- -- --
12/28/2020 12/28/20 For Sale $359,000 -- $223 / 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 $5,213 $322,839 -- --
2023 $5,098 $314,637 $0 $0
2022 $5,020 $303,517 $0 $0
2021 $2,858 $168,902 $99,470 $69,432
2020 $2,607 $146,929 $68,000 $78,929
2019 $2,530 $144,755 $68,000 $76,755
2018 $2,160 $129,301 $67,245 $62,056
2017 $1,978 $113,783 $51,727 $62,056
2016 $1,795 $68,292 $0 $0
2015 $1,767 $62,084 $0 $0
2014 $1,485 $56,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Leslie Valdes

    Highlight Realty Corp/LW

    (561) 729-4663

    1 in this area

    18 Total Sales

    Leslie Valdes
    Section Image
  • Nick DeLucia

    Buyer's Agent in 2021

    Nick DeLucia

    LPT Realty, LLC

    (561) 602-0616

    1 in this area

    70 Total Sales

    Nick DeLucia
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10680624

BeachesMLS

APN: 00-42-44-25-15-000-0030

Florida Palm Beach County Lake Worth 33461 Lake Worth Corridor

4783 Penn Grove St Unit A & B, 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.

Nearby Homes