$137,500
SOLD MAY 5, 2014
-- Bed
-- Bath
1,400 Sq Ft
3,398 Sq Ft Lot

Recently Sold

$98 Per Sq Ft

14% Below List Price

15 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of July 2017

Attention investors! Great income opportunity. This very well maintained 4 plex is located on the corner of F Street and Lake Avenue within short walking distance to shopping, a barber shop, and a general store. This 4-plex has ample parking and is fully rented month to month right now. Rent rolls could be increased a lot by new landlord as leases have not been increased to long term tenants that have been renting for 7-10 yrs. Separate electrical meters for all 4 units.

Last Agent to Sell the Property

Stacey Peleg

MMLS Assoc.-Inactive Member License #3227449 Listed on: 04/10/2014

Last Buyer's Agent

NON-MLS MEMBER

MAR NON MLS MEMBER License #SEF

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,311

Year Built

  • Built in 1952

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 4 Units
  • Town Of Lake Worth Condos
  • Town Of Lake Worth Subdivision

Listing and Financial Details

  • Rent includes gardener, rent incl, sewer, trash collection
  • Assessor Parcel Number 38434421150090210

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,311

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1952
  • Property Sub Type: Quadruplex
  • Architectural Style: Attached
  • Directions: LAKE AVE TO F STREET, UNIT ON CORNER.
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: TOWN OF LAKE WORTH
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Other
  • Living Area: 1400
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Other
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: TOWN OF LAKE WORTH
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 38434421150090210
  • Zoning: MIC1
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Other Rent Incl, Sewer, Trash Collection

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 2311

Multi Family

  • Number Of Units In Community: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2017
Closed on
Jul 12, 2017
Sold by
5 S F St I Llc
Bought by
2 Francis 823 Llc
Seller's Agent
Paul Calandra
Dalton Wade Inc
Buyer's Agent
Bret Taylor
Southdale Properties Inc.
List Price
$287,000
Sold Price
$249,500
Premium/Discount to List
-$37,500
-13.07%
Current Estimated Value
$576,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,943
Avg. Annual Appreciation
10.15%

Purchase Details

Closed on
Apr 22, 2015
Sold by
Carrabs Michael
Bought by
5 S F St 1 Llc

Purchase Details

Listed on
Apr 10, 2014
Closed on
May 1, 2014
Sold by
Cosentino Steven Paul and Cosentino Jennifer
Bought by
Carrabs Michael
Seller's Agent
Stacey Peleg
MMLS Assoc.-Inactive Member
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$160,000
Sold Price
$137,500
Premium/Discount to List
-$22,500
-14.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.01%

Purchase Details

Closed on
Dec 12, 2008
Sold by
Ziegler Michael W and Cosentino Steven Paul
Bought by
Cosentino Steven Paul

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
5.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 2, 1996
Sold by
Rajaniemi Robert L and Rajaniemi Krystene
Bought by
Ziegler Michael W
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 Type Sale Price Title Company
Warranty Deed $249,500 Intracoastal Title Svcs Of F
Quit Claim Deed -- Intracoastal Title Llc
Warranty Deed $137,500 Team Title Usa Llc
Quit Claim Deed $38,369 Lsi Title Agency Inc
Warranty Deed $58,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $112,000 Purchase Money Mortgage
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2017 07/12/17 Sold $249,500 -13.1% $178 / Sq Ft
06/12/2017 06/12/17 Pending -- -- --
05/25/2017 05/25/17 For Sale $287,000 +108.7% $205 / Sq Ft
05/05/2014 05/05/14 Sold $137,500 -14.1% $98 / Sq Ft
04/17/2014 04/17/14 Pending -- -- --
04/02/2014 04/02/14 For Sale $160,000 -- $114 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $4,494 $124,015 -- --
2023 $4,243 $115,484 $0 $0
2022 $3,922 $104,985 $0 $0
2021 $3,263 $95,441 $21,281 $74,160
2020 $3,155 $90,320 $21,281 $69,039
2019 $3,138 $89,307 $20,268 $69,039
2018 $2,951 $83,481 $23,456 $60,025
2017 $2,942 $82,368 $22,343 $60,025
2016 $2,915 $82,336 $0 $0
2015 $2,941 $81,323 $0 $0
2014 $2,517 $55,899 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A1934245

MIAMI REALTORS® MLS

APN: 38-43-44-21-15-009-0210