NOT LISTED FOR SALE

The Lucerne 511 Lucerne Ave Unit 318 Lake Worth, FL 33460

Downtown Jewel Neighborhood

Estimated Value: $241,889 - $296,000

1 Bed
1 Bath
674 Sq Ft
$345/mo HOA Fee

Last Sold February 20, 2015

Last sale price $130,000 $193 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $2,159/month

262 Days on Market

Highlights

  • Water Views
  • Clubhouse
  • Community Pool
  • Fitness Center
  • High Ceiling
  • Elevator

About This Home

As of February 2015

** Pet friendly building ** **STUDIO UNIT** Live the European lifestyle from this terrific studio overlooking Lake Avenue in downtown Lake Worth. Neutral tile throughout, custom built-in closet, Murphy bed, kitchen w/ granite, stackable washer/dryer in unit. Building amenities include pool and fitness center, covered parking. Lake Worth has been received one of the best "walkability" ratings of any town in the U.S. Right outside your door is a plethora of cafes, art galleries and specialty shops just waiting for you to explore. Grab your green market bag and head to the Lake Worth Green Market. Or enjoy an afternoon viewing the wildlife from the Snook Island boardwalk. Rent a kayak at the Bryant Park waterfront, or spend

Last Agent to Sell the Property

Bo Allen

Illustrated Properties LLC License #602992 Listed on: 05/03/2014

Illustrated Properties LLC

Co-Listed By

Jon Allen

Illustrated Properties LLC License #3250090

Last Buyer's Agent

Jeff Levine

Illustrated Properties LLC (We License #0699717

Illustrated Properties LLC (We

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $718

Year Built

  • Built in 2006

Lot Details

  • 1

HOA Fees

  • $345 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Deeded Parking
  • Assigned Parking

Interior Spaces

  • 674 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Combination Dining and Living Room
  • Ceramic Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 38434427640003180

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, maintenance structure, parking, pool(s), roof
  • High-Rise Condominium
  • Town Of Lake Worth Subdivision

Amenities

  • Clubhouse
  • Elevator
  • Community Storage Space

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site
  • Phone Entry
  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$718

Year Built

Built in 2006

Lot Details

0

HOA Fees

$345 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Lake Avenue to The Lucerne. Entrance on Lucerne Avenue.
  • Year Built: 2006
  • Architectural Style: High Rise
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: High Ceilings, Living/Dining Room
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Tile
  • Living Area: 674.0
  • Stories: 1
  • Window Features: Impact Glass

Exterior Features

  • View: Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Other Structures: Apartment
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Attached, Deeded, Garage

Utilities

  • Security: Phone Entry, Smoke Detector(s)
  • Green Building Features: Exterior Lighting
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 345.0
  • Community Features: Fitness Center, Property Manager On-Site, Pool, Sidewalks
  • Senior Community: No
  • Amenities: Clubhouse, Management, Pool, Spa/Hot Tub, Storage, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Structure, Parking, Pool(s), Roof

Lot Info

  • Parcel #: 38434427640003180
  • Zoning Description: MF

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 718.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2014
Closed on
Feb 20, 2015
Sold by
Mogell Shelley A
Bought by
Lockwood Stephen C
Seller's Agent
Bo Allen
Illustrated Properties LLC
Buyer's Agent
Jeff Levine
Illustrated Properties LLC (We
List Price
$137,000
Sold Price
$130,000
Premium/Discount to List
-$7,000
-5.11%
Current Estimated Value
$272,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,472
Avg. Annual Appreciation
7.78%
Original Mortgage
$91,000
Outstanding Balance
$70,633
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$216,325

Purchase Details

Closed on
Jun 25, 2008
Sold by
Mogell Steven D and Mogell Shelly A
Bought by
Mogell Shelley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
5.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2006
Sold by
The Lucerne Llc
Bought by
Mogell Steven D and Mogell Shelley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,750
Interest Rate
6.68%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Lockwood Stephen C $130,000 Progressive Title Solutions
Mogell Shelley A -- Phoenix Title Agency Corp
Mogell Steven D $166,365 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lockwood Stephen C $91,000
Previous Owner Mogell Shelley A $78,000
Previous Owner Mogell Steven D $74,750
Previous Owner Mogell Steven D $82,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2015 02/20/15 Sold $130,000 -5.1% $193 / Sq Ft
01/21/2015 01/21/15 Pending -- -- --
05/03/2014 05/03/14 For Sale $137,000 -- $203 / 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 $4,361 $171,699 -- --
2023 $3,845 $156,090 $0 $0
2022 $3,467 $141,900 $0 $0
2021 $3,192 $129,000 $0 $129,000
2020 $3,213 $129,000 $0 $129,000
2019 $3,146 $129,000 $0 $129,000
2018 $2,778 $112,000 $0 $112,000
2017 $2,767 $112,000 $0 $0
2016 $2,735 $112,000 $0 $0
2015 $734 $48,904 $0 $0
2014 $733 $48,516 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bo Allen

    Seller's Agent in 2015

    Bo Allen

    Illustrated Properties LLC

    (561) 329-9997

    2 in this area

    148 Total Sales

    Bo Allen
    Section Image
  • Jon Allen

    Seller Co-Listing Agent in 2015

    Jon Allen

    Illustrated Properties LLC

    (561) 312-8713

    2 in this area

    80 Total Sales

    Jon Allen
    Section Image

  • J

    Buyer's Agent in 2015

    Jeff Levine

    Illustrated Properties LLC (We

    (561) 713-2367

    27 Total Sales

    Jeff Levine
    Section Image
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About The Lucerne

Map

Source: BeachesMLS

MLS Number: R10038070

BeachesMLS

APN: 38-43-44-27-64-000-3180

Florida Palm Beach County Lake Worth 33460 Downtown Jewel

511 Lucerne Ave Unit 318, Lake Worth, FL

This home is located at 511 Lucerne Ave Unit 318, Lake Worth, FL 33460 since 03 May 2014 and is currently estimated at $272,472, approximately $404 per square foot. This property was built in 2006. 511 Lucerne Ave Unit 318 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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