NOT LISTED FOR SALE

4908 32nd Dr S Lake Worth, FL 33461

Lake Worth Corridor Neighborhood

Estimated Value: $469,763 - $490,000

4 Beds
2 Baths
1,559 Sq Ft
$310/Sq Ft Est. Value

Last Sold August 23, 2013

Last sale price $100,000 $64 Per Sq Ft

Est. 384% increase in value since last sale

Current estimated payment $2,986/month

55 Days on Market

Highlights

  • Newly Remodeled
  • Cooling Available
  • Heating Available
  • Corner Lot
  • Ceramic Tile Flooring

About This Home

As of August 2013

Great Duplex well maintained and very EZ to Rent. This property brings in at least $1400 per month. Each unit has separate Water and Electric Meters. City water from City Of Atlantis and Lake Worth Electric Utilities. Ceramic Tile everywhere.

Last Agent to Sell the Property

Leonardo Rivera

Partnership Realty Inc. License #3102073 Listed on: 05/29/2013

Partnership Realty Inc.

Last Buyer's Agent

Leonardo Rivera

Partnership Realty Inc. License #3102073 Listed on: 05/29/2013

Partnership Realty Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,770

Year Built

  • Built in 1965 | Newly Remodeled

Lot Details

  • Corner Lot

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,559 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $17,000
  • Rent includes electricity, water
  • Assessor Parcel Number 00434430011250021

Community Details

Overview

  • 4 Units
  • Palm Beach Farms Co 07 Subdivision

Building Details

  • Operating Expense $2,500
  • Net Operating Income $14,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,770

Year Built

Built in 1965 | Newly Remodeled

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: south of congress and Melaleuca
  • Year Built: 1965
  • Unit Levels: One
  • New Construction: Yes
  • Building Stories: 1
  • Year Built Details: New Construction
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1559.0

Exterior Features

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

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Water
  • Senior Community: No

Lot Info

  • Parcel #: 00434430011250021
  • Zoning Description: Rm

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 14500.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 2500.0
  • Total Actual Rent: 17000.0

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 1770.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2013
Closed on
Aug 22, 2013
Sold by
Abda Mariano and Damore Silvio
Bought by
Gomez Alfonso and Gomez Victor
Seller's Agent
Leonardo Rivera
Partnership Realty Inc.
Buyer's Agent
Leonardo Rivera
Partnership Realty Inc.
List Price
$118,000
Sold Price
$100,000
Premium/Discount to List
-$18,000
-15.25%
Current Estimated Value
$483,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$383,691
Avg. Annual Appreciation
13.80%
Original Mortgage
$45,000
Interest Rate
12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2011
Sold by
Lasalle Bank Na
Bought by
Abda Mariano and Damora Silvio

Purchase Details

Closed on
Feb 7, 2011
Sold by
Moreno Nelson
Bought by
Lasalle Bank Na

Purchase Details

Closed on
Nov 15, 2006
Sold by
Claudio Jose
Bought by
Moreno Nelson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,400
Interest Rate
6.02%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 20, 2006
Sold by
Trzcinka Gary Paul
Bought by
Claudio Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
8.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 20, 2003
Sold by
Trzcinka John P and Trzcinka Irene M
Bought by
Trzcinka Gary Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Gomez Alfonso $100,000 Attorney
Abda Mariano $76,900 Landsafe Title
Lasalle Bank Na -- None Available
Moreno Nelson $272,000 Olympic Title Llc
Claudio Jose $135,000 None Available
Trzcinka Gary Paul $26,500 Priority Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gomez Alfonso $45,000
Previous Owner Moreno Nelson $54,400
Previous Owner Moreno Nelson $217,600
Previous Owner Claudio Jose $112,000
Previous Owner Trzcinka Gary Paul $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2013 08/23/13 Sold $100,000 -15.3% $64 / Sq Ft
07/24/2013 07/24/13 Pending -- -- --
05/29/2013 05/29/13 For Sale $118,000 -- $76 / 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 $5,308 $213,154 -- --
2023 $4,899 $193,776 $152,900 $157,555
2022 $4,588 $176,160 $0 $0
2021 $4,071 $220,918 $106,982 $113,936
2020 $3,794 $202,165 $100,000 $102,165
2019 $3,741 $206,809 $100,000 $106,809
2018 $3,201 $191,914 $96,390 $95,524
2017 $2,755 $143,719 $48,195 $95,524
2016 $2,477 $99,437 $0 $0
2015 $2,363 $90,397 $0 $0
2014 $2,146 $82,179 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2013

    Leonardo Rivera

    Partnership Realty Inc.

    (561) 236-9325

    16 Total Sales

    Leonardo Rivera
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Map

Source: BeachesMLS

MLS Number: R3370896

BeachesMLS

APN: 00-43-44-30-01-125-0021

Florida Palm Beach County Lake Worth 33461 Lake Worth Corridor

4908 32nd Dr S, Lake Worth, FL

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