NOT LISTED FOR SALE

Estimated Value: $307,000 - $397,000

4 Beds
2 Baths
1,272 Sq Ft
$269/Sq Ft Est. Value

Last Sold June 23, 2021

Last sale price $220,000 $173 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,080/month

61 Days on Market

Highlights

  • Fruit Trees
  • Walk-In Closet
  • Laundry Room
  • Interior Lot
  • Patio
  • Ceramic Tile Flooring

About This Home

As of June 2021

PRESERVE, PROTECT, AND PROLIFERATE YOUR WEALTH... By purchasing this South Florida real estate investment! The more bedrooms and the more bathrooms a house has... The mightily higher the rental income is for you, the investor / landlord. This residence, with FOUR BEDROOMS and TWO FULL BATHROOMS can easily rent for $2,000 / mo! A healthy rate of return on your investment! Couple that with future equity appreciation (this house sold for $280,000 at the market's peak in 2006), and you have a monumental building-block for wealth. Modernized home, featuring central a/c, contemporary fixtures and appliances, utility room, off-street parking, and large covered front porch. Extremely favorable location, a few short blocks to Lake Ave., the downtown strip of shops and cafes.

Last Agent to Sell the Property

Bret Taylor

Southdale Properties Inc. License #3098864 Listed on: 03/23/2021

Last Buyer's Agent

Bret Taylor

Southdale Properties Inc. License #3098864 Listed on: 03/23/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,895

Year Built

  • Built in 1950

Lot Details

  • Interior Lot
  • Fruit Trees
  • Property is zoned MU-E

Parking

  • Over 1 Space Per Unit

Home Design

  • Frame Construction

Interior Spaces

  • 1,272 Sq Ft Home
  • 1-Story Property
  • Electric Range
  • Laundry Room

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Town Of Lake Worth: Royal Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38434421151850150

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,895

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Take Lake Avenue to South C Street and turn South. Property is on the East side of the street.
  • Year Built: 1950
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1272.0
  • Dining Room Type: Laundry
  • Stories: 1

Exterior Features

  • Exterior Features: Fruit Trees, Patio
  • Lot Features: Interior Lot
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Frame
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Two or More Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • 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
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 38434421151850150
  • Zoning Description: MU-E

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2895.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2021
Closed on
Jun 23, 2021
Sold by
Lake Worth Homes Llc
Bought by
Givingtree Development Llc
Seller's Agent
Bret Taylor
Southdale Properties Inc.
Buyer's Agent
Bret Taylor
Southdale Properties Inc.
List Price
$229,000
Sold Price
$220,000
Premium/Discount to List
-$9,000
-3.93%
Current Estimated Value
$342,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,615
Avg. Annual Appreciation
10.72%

Purchase Details

Closed on
Oct 5, 2010
Sold by
Montijo Ricardo
Bought by
Lake Worth Homes Inc

Purchase Details

Closed on
Jan 19, 2007
Sold by
Tricounty Parcels Llc
Bought by
Montijo Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2004
Sold by
Sanchez Tanya
Bought by
Tricounty Parcels Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
5.78%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 5, 2002
Sold by
Stein James M
Bought by
Sanchez Tanya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
6.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2002
Sold by
Scott Russel J
Bought by
Stein James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
6.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 1995
Sold by
Kivisto Jussi K and Niemi Sylvi
Bought by
Scott Russel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Interest Rate
8.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Givingtree Development Llc $220,000 Attorney
Lake Worth Homes Inc $40,900 None Available
Montijo Ricardo $280,000 Hrh Title Services
Tricounty Parcels Llc $62,500 Coast To Coast Title Inc
Sanchez Tanya $60,000 Atlantis Title Company
Stein James M $28,500 Atlantis Title Company
Scott Russel J $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Montijo Ricardo $280,000
Previous Owner Tricounty Parcels Llc $114,000
Previous Owner Sanchez Tanya $54,000
Previous Owner Scott Russel J $18,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2021 06/23/21 Sold $220,000 -3.9% $173 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
03/23/2021 03/23/21 For Sale $229,000 -- $180 / 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 $3,443 $260,110 -- --
2023 $5,792 $236,464 $82,890 $153,574
2022 $5,449 $217,926 $0 $0
2021 $3,130 $165,746 $32,000 $133,746
2020 $2,895 $148,631 $30,000 $118,631
2019 $2,719 $138,891 $24,000 $114,891
2018 $2,400 $119,611 $18,839 $100,772
2017 $2,273 $113,791 $11,775 $102,016
2016 $2,066 $55,976 $0 $0
2015 $1,964 $50,887 $0 $0
2014 $1,759 $46,261 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10701980

BeachesMLS

APN: 38-43-44-21-15-185-0150