NOT LISTED FOR SALE

Estimated Value: $475,081

3 Beds
3 Baths
1,640 Sq Ft
$290/Sq Ft Est. Value

Sale Details

Date Sold: April 7, 2021

Last sale price $339,000 $207 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,461 / mo

34 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

As of April 2021

LEGAL TRIPLEX (3 UNITS) IN LAKE WORTH BEACH! CONCRETE-BLOCK! ONE-STORY! EAST OF DIXIE! Are you exasperated by owning complicated-to-maintain, two-story, money-pit, wood-frame structures? Switch to what INTELLIGENT INVESTORS buy... A one-story, CBS, simplistic rectangle! Easy-to-manage, profitable, rental property. This one was built in 1970. Current owner did total contemporary renovations to all kitchens, baths, flooring, and more. Each apartment has its own central a/c. Individual electric meters too. End-cap entry of two of the three apartments enables those to have private yards... A rare feature, to command premium rent. Direct five-block walk to Lake Avenue's entertainment district. Short bike ride to the beach. Picturesque DOWNTOWN JEWEL neighborhood.

Last Agent to Sell the Property

Bret Taylor

Southdale Properties Inc. License #3098864 Listed on: 01/30/2021

Last Buyer's Agent

Bret Taylor

Southdale Properties Inc. License #3098864 Listed on: 01/30/2021

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,046

Year Built

  • Built in 1970

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 3 Bathrooms
  • 1,640 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 38434421151690160

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Town Of Lake Worth: Downtown Jewel Subdivision

Building Details

  • Gross Income $27,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,046

Year Built

Built in 1970

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: Take 6th Avenue South to South K Street and turn North. Property is on the East side of the street.
  • Year Built: 1970
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1640.0

Exterior Features

  • Exterior Features: None
  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Individual
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association: No

Lot Info

  • Parcel #: 38434421151690160
  • Mobile Dim Units: Feet
  • Zoning: SFR

Rental Info

  • Tenant Pays: Electricity

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5046.0

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 4
  • Annual Gross Income: 27300.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2021
Closed on
Apr 7, 2021
Sold by
Bought by
Seller's Agent
Bret Taylor
Southdale Properties Inc.
Buyer's Agent
Bret Taylor
Southdale Properties Inc.
List Price
$345,000
Sold Price
$339,000
Premium/Discount to List
-$6,000
-1.74%
Current Estimated Value
$475,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,081
Avg. Annual Appreciation
6.54%

Purchase Details

Closed on
May 17, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
6.41%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 4, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,912
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 2002
Sold by
Bought by

Purchase Details

Closed on
Jun 29, 2000
Sold by
Bought by

Purchase Details

Closed on
Jul 20, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Downtown Jewel, FL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$339,000 Attorney
$275,000 Universal Land Title Inc
$220,000 --
$185,000 Title Guaranty Of S Fl Inc
-- --
$82,000 --
$50,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $180,880
Previous Owner $192,500
Previous Owner $165,912
Previous Owner $166,500
Previous Owner $105,000
Previous Owner $84,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/07/2021 04/07/21 Sold $339,000 -1.7% $207 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
01/30/2021 01/30/21 For Sale $345,000 -- $210 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $10,138 $399,203
2024 $10,138 $390,825
2023 $9,579 $362,446 $0 $0
2022 $8,741 $329,496 $0 $0
2021 $5,312 $287,939 $125,550 $162,389
2020 $5,045 $271,100 $137,700 $133,400
2019 $4,737 $248,948 $113,400 $135,548
2018 $4,015 $185,607 $81,820 $103,787
2017 $3,735 $158,244 $74,382 $83,862
2016 $3,462 $77,991 $0 $0
2015 $3,284 $70,901 $0 $0
2014 $3,114 $64,455 $0 $0
Source: Public Records

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10688684

BeachesMLS (Greater Fort Lauderdale)

APN: 38-43-44-21-15-169-0160

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