NOT LISTED FOR SALE

The Lucerne 511 Lucerne Ave Unit 406 Lake Worth, FL 33460

Downtown Jewel Neighborhood

Estimated Value: $256,618 - $296,000

1 Bed
1 Bath
733 Sq Ft
$414/mo HOA Fee

Last Sold August 08, 2022

Last sale price $275,000 $375 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,199/month

7 Days on Market

Highlights

  • Fitness Center
  • Resident Manager or Management On Site
  • Central Heating and Cooling System
  • Community Pool
  • Ceramic Tile Flooring
  • 1 Car Garage

About This Home

As of August 2022

Centrally located in downtown Lake Worth in The Lucerne, an upscale condominium complex in an action-packed area, this 1-bedroom, 1-bathroom condo is a quality property with a strong tenant history. With a well-designed layout and a private balcony, there are multiple spaces throughout the unit to entertain guests or relax. The building features a pool, parking garage, meeting room, spa, and fitness center. It is located just a few blocks away from the Intracoastal Waterway and Atlantic Ocean, making it an ideal spot for boaters and beach goers. It is also steps away from the myriad dining and entertainment options Lake Worth has to offer. Whether buying to live in or rent, this unit is a great investment opportunity in a desirable area.

Last Agent to Sell the Property

Nick Grodzicki

Premier Estate Properties, Inc License #3436424 Listed on: 07/01/2022

Last Buyer's Agent

Abilio Barrios

Pavon Realty Group, LLC License #3282738

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,986

Year Built

  • Built in 2006

Lot Details

  • 1

HOA Fees

  • $414 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 733 Sq Ft Home
  • 4-Story Property
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 38434427640004060

Community Details

Overview

  • Lucerne Condominium Subdivision

Recreation

  • Community Spa

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,986

Year Built

Built in 2006

Lot Details

0

HOA Fees

$414 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Call LA
  • Year Built: 2006
  • Entry Level: 4
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dishwasher, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 733.0
  • Stories: 4

Exterior Features

  • 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

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

  • Association Fee: 414.0
  • Community Features: Non-Gated, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Fitness Center, Management, Pool, Spa/Hot Tub, Trash
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No

Lot Info

  • Parcel #: 38434427640004060
  • Zoning Description: DT - Dow

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2986.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2023
Sold by
Mkrtchyan Khachatur
Bought by
Zalyan Dianna
Current Estimated Value
$273,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Outstanding Balance
$49,067
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$224,088

Purchase Details

Listed on
Jul 1, 2022
Closed on
Aug 8, 2022
Sold by
Katherine L Kossowsky Trust
Bought by
Zalyan Dianna and Mkrtchyan Khachatur
Seller's Agent
Nick Grodzicki
Premier Estate Properties, Inc
Buyer's Agent
Abilio Barrios
Pavon Realty Group, LLC
List Price
$275,000
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.22%
Original Mortgage
$206,250
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2008
Sold by
Kossowsky Stanford L and Kossowsky Katherine L
Bought by
Kossowsky Katherine L and Katherine L Kossowsky Revocable Trust
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
Zalyan Dianna -- Kensington Vanguard National L
Zalyan Dianna -- Kensington Vanguard National L
Zalyan Dianna $275,000 New Title Company Name
Kossowsky Katherine L $46,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zalyan Dianna $50,000
Closed Zalyan Dianna $50,000
Previous Owner Zalyan Dianna $206,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2022 08/08/22 Sold $275,000 0.0% $375 / Sq Ft
07/09/2022 07/09/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $275,000 -- $375 / 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 $3,698 $199,820 -- --
2023 $3,550 $194,000 $0 $194,000
2022 $3,245 $125,914 $0 $0
2021 $2,986 $134,000 $0 $134,000
2020 $2,835 $134,000 $0 $134,000
2019 $2,707 $134,000 $0 $134,000
2018 $2,384 $118,000 $0 $118,000
2017 $2,253 $118,000 $0 $0
2016 $2,131 $71,075 $0 $0
2015 $2,054 $64,614 $0 $0
2014 $1,736 $58,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nick Grodzicki

    Seller's Agent in 2022

    Nick Grodzicki

    Premier Estate Properties, Inc

    (561) 888-3774

    1 in this area

    27 Total Sales

    Nick Grodzicki
    Section Image

  • A

    Buyer's Agent in 2022

    Abilio Barrios

    Pavon Realty Group, LLC

    (561) 693-3360

    1 in this area

    72 Total Sales

    Abilio Barrios
    Section Image
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About The Lucerne

Map

Source: BeachesMLS

MLS Number: R10813326

BeachesMLS

APN: 38-43-44-27-64-000-4060

Florida Palm Beach County Lake Worth 33460 Downtown Jewel

511 Lucerne Ave Unit 406, Lake Worth, FL

This home is located at 511 Lucerne Ave Unit 406, Lake Worth, FL 33460 since 01 July 2022 and is currently estimated at $273,155, approximately $372 per square foot. This property was built in 2006. 511 Lucerne Ave Unit 406 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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