$500,000
SOLD MAY 10, 2022 RENTED MAR 25, 2025

502 20th Ave N Unit 1 Lake Worth, FL 33460

Sunset Ridge Neighborhood
-- Bed
-- Bath
2,148 Sq Ft
0.25 Acres

Recently Sold

$233 Per Sq Ft

5% Below List Price

59 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

About This Home

As of December 2024

Investment opportunity! This duplex features 2 bedroom/1 bathroom units - each with a one car garage. Laundry room on site. Great Lake Worth location - North of Downtown, near College Park.

Last Agent to Sell the Property

Dan DeMott

LPT Realty, LLC License #3303428 Listed on: 02/09/2022

LPT Realty, LLC

Co-Listed By

Benjamin Bondarevsky

LPT Realty, LLC License #3437260

Last Buyer's Agent

Rosena DaRin

LPT Realty, LLC License #3475025

LPT Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,048

Year Built

  • Built in 1928

Lot Details

  • 0.25 Acre Lot

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,148 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 38434416050080290

Community Details

Overview

  • 2 Units
  • Worthmore Park Subdivision

Building Details

  • Operating Expense $6,000
  • Net Operating Income $24,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,048

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Congress Ave north to 20th Ave N. Turn left onto 20th Ave N. Destination will be on the right
  • Year Built: 1928
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Hardwood, Wood
  • Living Area: 2148.0

Exterior Features

  • Exterior Features: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 38434416050080290
  • Lot Size: 1/4 to 1/2 Acre
  • Lot Size Sq Ft: 11089.0
  • Zoning Description: SF-R(c
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 24600.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 6000.0

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5048.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2024
Closed on
Dec 27, 2024
Sold by
Gaspard Frantz and Zephir Feveline
Bought by
Figueroa Juan and Figueroa Mirna
Seller's Agent
Mark Rucco
Compass Florida LLC
Buyer's Agent
Jenny Orozco
Treasure Property Group LLC
List Price
$685,000
Sold Price
$615,000
Premium/Discount to List
-$70,000
-10.22%
Views
38
Current Estimated Value
$618,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,347
Avg. Annual Appreciation
11.89%
Original Mortgage
$430,500
Outstanding Balance
$429,022
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$227,383

Purchase Details

Listed on
Feb 9, 2022
Closed on
May 10, 2022
Sold by
Matthew Malloy
Bought by
Gaspard Frantz and Zephir Feveline
Seller's Agent
Dan DeMott
LPT Realty, LLC
Buyer's Agent
Rosena DaRin
LPT Realty, LLC
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.13%
Original Mortgage
$490,943
Interest Rate
5.27%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 14, 2018
Sold by
Brock Joyce and Craig Judith A
Bought by
Malloy Matthew
Source: Public Records

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Range of Values:

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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 $615,000 Florida Direct Title
Warranty Deed $500,000 Quaker Title & Escrow
Warranty Deed $202,000 Title Trust Services Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $430,500 New Conventional
Previous Owner $490,943 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2025 03/25/25 Rented $1,950 0.0% --
03/14/2025 03/14/25 For Rent $1,950 0.0% --
12/31/2024 12/31/24 Sold $615,000 -3.9% $286 / Sq Ft
11/18/2024 11/18/24 Pending -- -- --
10/12/2024 10/12/24 Price Changed $640,000 -3.0% $298 / Sq Ft
07/27/2024 07/27/24 Price Changed $660,000 -3.6% $307 / Sq Ft
07/15/2024 07/15/24 For Sale $685,000 +37.0% $319 / Sq Ft
05/10/2022 05/10/22 Sold $500,000 -4.8% $233 / Sq Ft
04/10/2022 04/10/22 Pending -- -- --
02/09/2022 02/09/22 For Sale $525,000 -- $244 / 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 $10,528 $430,897 -- --
2023 $10,466 $430,386 $191,068 $239,318
2022 $7,886 $295,804 $0 $0
2021 $5,048 $222,583 $68,000 $154,583
2020 $5,037 $178,280 $52,000 $126,280
2019 $5,057 $178,280 $52,000 $126,280
2018 $3,489 $129,061 $43,376 $85,685
2017 $3,289 $121,034 $43,376 $77,658
2016 $3,054 $90,475 $0 $0
2015 $2,898 $82,250 $0 $0
2014 $2,690 $74,773 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2025

    Luban Quiceno

    Treasure Property Group LLC

  • D

    Seller Co-Listing Agent in 2025

    Denise Gonzalez

    Treasure Property Group LLC

  • M

    Seller's Agent in 2024

    Mark Rucco

    Compass Florida LLC

  • N

    Seller Co-Listing Agent in 2024

    Nicholos Bernardo

    Compass Florida LLC

  • J

    Buyer's Agent in 2024

    Jenny Orozco

    Treasure Property Group LLC

  • D

    Seller's Agent in 2022

    Dan DeMott

    LPT Realty, LLC

See All Agents

Map

Source: BeachesMLS

MLS Number: R10775859

BeachesMLS

APN: 38-43-44-16-05-008-0290

Florida Palm Beach County Lake Worth 33460 Sunset Ridge

502 20th Ave N Unit 1, Lake Worth, FL

This home is located at 502 20th Ave N Unit 1, Lake Worth, FL 33460 and is currently priced at $500,000, approximately $232 per square foot. This property was built in 1928. 502 20th Ave N Unit 1 is a home located in Palm Beach County with nearby schools including Lake Worth High School, North Grade Elementary School, and Lake Worth Community Middle School.

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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