NOT LISTED FOR SALE

The Lucerne 511 Lucerne Ave Unit 403 Lake Worth, FL 33460

Downtown Jewel Neighborhood

Estimated Value: $364,191 - $442,000

2 Beds
2 Baths
1,105 Sq Ft
$694/mo HOA Fee

Last Sold March 25, 2024

Last sale price $379,000 $343 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,414/month

145 Days on Market

Highlights

  • Fitness Center
  • Wood Flooring
  • Community Pool
  • Gated Community
  • Pool View
  • Elevator

About This Home

As of March 2024

LOCATION! This fourth floor condominium in the sought after Lucerne building, is just MINUTES from the Lake Worth Beach, Benny's on the beach, shopping, art galleries and restaurants on both Lake & Lucerne Ave. This 2 bedroom 2 bathroom residence has beautiful hard wood floors / ceramic tile, stainless steel appliances and a gorgeous view of the resort style pool. The building is very well maintained, has a gym and indoor garage parking. Lake Worth Beach is the new place to be!

Last Agent to Sell the Property

Lori Principe

Douglas Elliman License #3348029 Listed on: 10/31/2023

Douglas Elliman

Last Buyer's Agent

Penelope Kuzmenko

Saba Realty License #3114400

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,050

Year Built

  • Built in 2006

Lot Details

  • 1

HOA Fees

  • $694 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 1,105 Sq Ft Home
  • Security Gate

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 38434427640004030

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, ground maintenance, maintenance structure, parking, trash
  • High-Rise Condominium
  • Lucerne Condo Subdivision
  • 6-Story Property

Amenities

  • Elevator

Recreation

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,050

Year Built

Built in 2006

Lot Details

0

HOA Fees

$694 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: From I-95 S Take exit 10th to Federal Hwy turn right on Lucerne Ave, building will be on the left From I-95 N Take exit 10th to Federal Hwy turn left onto Lucerne Ave building will be on the left
  • Year Built: 2006
  • Architectural Style: High Rise
  • Entry Level: 4
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Split Bedrooms, Separate Shower
  • Private Spa: No
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Wood
  • Living Area: 1105.0
  • Dining Room Type: Laundry, Storage Room
  • Stories: 6

Exterior Features

  • View: Pool
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Security: Security Gate, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 694.0
  • Community Features: Gated, Pool
  • Senior Community: No
  • Amenities: Fitness Center, Pool, Elevator(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Trash

Lot Info

  • Parcel #: 38434427640004030
  • Zoning Description: CAC(ci

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5050.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2023
Closed on
Mar 25, 2024
Sold by
Tangerine Properties Llc
Bought by
Stein Krista Keturah
Seller's Agent
Lori Principe
Douglas Elliman
Buyer's Agent
Penelope Kuzmenko
Saba Realty
List Price
$399
Sold Price
$379,000
Premium/Discount to List
$378,601
94887.47%
Views
96
Current Estimated Value
$406,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,548
Avg. Annual Appreciation
4.30%
Original Mortgage
$284,250
Outstanding Balance
$279,913
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$123,262

Purchase Details

Listed on
Oct 26, 2017
Closed on
Oct 5, 2017
Sold by
Debartolo Robert De and Debartolo Tonette De
Bought by
Tengerine Properties Llc
Seller's Agent
Lori Principe
Douglas Elliman
Buyer's Agent
Kingsley Itsede
Coastline Realty, Inc.
Sold Price
$1,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.39%

Purchase Details

Closed on
Jul 8, 2011
Sold by
Greenpoint Mortgage Funding Inc
Bought by
Debartolo Robert

Purchase Details

Closed on
Mar 10, 2011
Sold by
Allinson Richard S
Bought by
Greenpoint Mortgage Funding Inc

Purchase Details

Closed on
Jun 9, 2006
Sold by
The Lucerne Llc
Bought by
Allinson Richard S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,081
Interest Rate
8.87%
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
Stein Krista Keturah $379,000 None Listed On Document
Tengerine Properties Llc $225,000 First American Title Ins Co
Debartolo Robert $85,000 Stewart Title Company
Greenpoint Mortgage Funding Inc $45,200 None Available
Allinson Richard S $390,081 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stein Krista Keturah $284,250
Previous Owner Allinson Richard S $376,000
Previous Owner Allinson Richard S $94,000
Previous Owner Allinson Richard S $390,081
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2024 03/25/24 Sold $379,000 +94887.5% $343 / Sq Ft
10/31/2023 10/31/23 For Sale $399 0.0% $0 / Sq Ft
01/29/2019 01/29/19 Rented $1,750 -1.4% --
12/30/2018 12/30/18 Under Contract -- -- --
11/19/2018 11/19/18 For Rent $1,775 0.0% --
12/01/2017 12/01/17 Rented $1,775 0.0% --
11/01/2017 11/01/17 Under Contract -- -- --
10/26/2017 10/26/17 For Rent $1,775 0.0% --
10/06/2017 10/06/17 Sold $225,000 -6.3% $204 / Sq Ft
09/06/2017 09/06/17 Pending -- -- --
08/15/2017 08/15/17 For Sale $240,000 0.0% $217 / Sq Ft
07/08/2016 07/08/16 Rented $1,525 -1.6% --
06/08/2016 06/08/16 Under Contract -- -- --
05/19/2016 05/19/16 For Rent $1,550 -- --
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 $6,260 $254,221 -- --
2023 $5,638 $231,110 $0 $0
2022 $5,050 $210,100 $0 $0
2021 $4,642 $191,000 $0 $191,000
2020 $4,673 $191,000 $0 $191,000
2019 $4,669 $191,000 $0 $191,000
2018 $4,150 $171,000 $0 $171,000
2017 $3,332 $171,000 $0 $0
2016 $3,137 $111,005 $0 $0
2015 $3,002 $100,914 $0 $0
2014 $2,587 $91,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lori Principe

    Seller's Agent in 2024

    Lori Principe

    Douglas Elliman

    (561) 880-7683

    6 Total Sales

    Lori Principe
    Section Image

  • P

    Buyer's Agent in 2024

    Penelope Kuzmenko

    Saba Realty

  • K

    Seller's Agent in 2019

    Karen Reeves

    Inactive Member

  • Lynnette Pohl

    Buyer's Agent in 2019

    Lynnette Pohl

    Highlight Realty Corp/LW

    (305) 890-7450

    1 Total Sale

    Lynnette Pohl
    Section Image

  • K

    Seller's Agent in 2017

    Kyle Lyon

    Keller Williams Central

  • E

    Seller Co-Listing Agent in 2017

    Erin Costa

    Security American Realty, Inc.

See All Agents

About The Lucerne

Map

Source: BeachesMLS

MLS Number: R10932016

BeachesMLS

APN: 38-43-44-27-64-000-4030

Florida Palm Beach County Lake Worth 33460 Downtown Jewel

511 Lucerne Ave Unit 403, Lake Worth, FL

This home is located at 511 Lucerne Ave Unit 403, Lake Worth, FL 33460 since 31 October 2023 and is currently estimated at $406,548, approximately $367 per square foot. This property was built in 2006. 511 Lucerne Ave Unit 403 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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