NOT LISTED FOR SALE

Estimated Value: $346,500 - $438,000

2 Beds
2 Baths
1,105 Sq Ft
1 Acres

Last Sold April 30, 2020

Last sale price $239,000 $216 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,727/month

Highlights

  • Water Views
  • Clubhouse
  • Community Pool
  • Fitness Center
  • Wood Flooring
  • Bike Room

About This Home

As of July 2022

Located in the heart of downtown Lake Worth BEACH, this two bedroom condo is close to everything. Walk to boutique shops, small and cozy restaurants or ride over the bridge to Lake Worth Beach and enjoy a sunrise breakfast, beach side lunch or moonlight dinner. 511 Lucerne offers a spacious swimming pool and terrace for the building's 80 condos. TWO (2) GARAGE parking spaces, FITNESS area, club room and storage area. This furnished condo includes a WASHER, DRYER, and SPLIT BEDROOMS. The view overlooks the pool and terrace. The quaint town of Lake Worth Beach is a fifteen minute drive to West Palm Beach and Palm Beach Island and fifteen minutes from PB Int'l airport. Publix and Costco are closeby and I 95 is a 6-8 minute drive. Tenant has personal items in unit. BOTH beds are queen size.

Last Agent to Rent the Property

Sharon Kirkland

Illustrated Properties LLC License #3043454 Listed on: 04/15/2022

Illustrated Properties LLC

Co-Listed By

Robert Kirkland

Illustrated Properties LLC License #3084639

Last Renter's Agent

Sondra Stocki

United Realty Group, Inc License #457591

United Realty Group, Inc

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,260

Year Built

  • Built in 2006

Lot Details

  • 1

Parking

  • Over 1 Space Per Unit
  • On-Street Parking
  • Assigned Parking

Property Views

Interior Spaces

  • 1,105 Sq Ft Home
  • Ceiling Fan
  • Entrance Foyer

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Property Available on 7/12/22
  • Assessor Parcel Number 38434427640004050

Community Details

Overview

  • Lucerne Condo Subdivision

Amenities

  • Clubhouse
  • Community Storage Space

Recreation

  • Trails

Security

  • Resident Manager or Management On Site
  • Card or Code Access
  • Fire and Smoke Detector
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,260

Year Built

Built in 2006

Lot Details

0

Parking

2

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2022-07-12

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Lucerne is a ONE-WAY street going WEST from Federal. 511 Lucerne is about 3 blocks WEST of FEDERAL on south/left side. Street parking is available in front of building.
  • Year Built: 2006
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Entrance Foyer, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Wood
  • Living Area: 1105.0
  • Dining Room Type: Laundry

Exterior Features

  • Exterior Features: Balcony, Patio
  • View: Other, Pool, Water
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Patio And Porch Features: Patio, Porch

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Attached, Covered, Garage, On Street, Two or More Spaces

Utilities

  • Security: Key Card Entry, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Non-Gated, Property Manager On-Site, Pool, Sidewalks
  • Senior Community: No
  • Amenities: Bike Storage, Clubhouse, Fitness Center, Management, Pool, Storage, Trail(s), Trash

Lot Info

  • Parcel #: 38434427640004050

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2020
Closed on
Apr 28, 2020
Sold by
Mcsharry Bros Plant Sales Ltd
Bought by
Lombardo Tricia Kirkland and Tricia Kirkland Lombardo Childern S Tr
Seller's Agent
LAURA RENNER
Compass Florida LLC
Buyer's Agent
Robert Kirkland
Illustrated Properties LLC
List Price
$259,900
Sold Price
$239,000
Premium/Discount to List
-$20,900
-8.04%
Current Estimated Value
$402,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,625
Avg. Annual Appreciation
8.98%
Original Mortgage
$139,000
Outstanding Balance
$125,149
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$251,607

Purchase Details

Closed on
Sep 14, 2006
Sold by
The Lucerne Llc
Bought by
Mcsharry Bros Plant Sales Ltd
Source: Public Records

Range of Values:

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Average Value
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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
Lombardo Tricia Kirkland $239,000 Attorney
Mcsharry Bros Plant Sales Ltd $408,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lombardo Tricia Kirkland $139,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2022 07/11/22 Rented $2,500 -94.1% --
06/11/2022 06/11/22 Under Contract -- -- --
04/15/2022 04/15/22 For Rent $42,600 +1381.7% --
12/14/2021 12/14/21 Rented $2,875 +62.0% --
11/14/2021 11/14/21 Under Contract -- -- --
04/20/2021 04/20/21 For Rent $1,775 +7.6% --
11/01/2020 11/01/20 Rented $1,650 -9.6% --
10/02/2020 10/02/20 Under Contract -- -- --
05/06/2020 05/06/20 For Rent $1,825 0.0% --
04/30/2020 04/30/20 Sold $239,000 -8.0% $216 / Sq Ft
03/31/2020 03/31/20 Pending -- -- --
01/03/2020 01/03/20 For Sale $259,900 -- $235 / 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 $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 $4,202 $191,000 $0 $191,000
2019 $3,998 $191,000 $0 $191,000
2018 $3,538 $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

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Map

Source: BeachesMLS

MLS Number: R10792118

BeachesMLS

APN: 38-43-44-27-64-000-4050