NOT LISTED FOR SALE

The Lucerne 511 Lucerne Ave Unit 513 Lake Worth, FL 33460

Downtown Jewel Neighborhood

Estimated Value: $346,134 - $435,000

2 Beds
2 Baths
1,105 Sq Ft
$527/mo HOA Fee

Last Sold May 25, 2017

Last sale price $195,000 $176 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $3,265/month

405 Days on Market

Highlights

  • Water Views
  • Clubhouse
  • Community Pool
  • Fitness Center
  • Roman Tub
  • Balcony

About This Home

As of May 2017

BEAUTIFUL 2/2 CONDO IN THE VERY DESIRABLE LUCERNE BUILDING LOCATED IN DOWNTOWN LAKE WORTH. NO CARPET, MANUFACTURED WOOD FLOORING AND PORCELAIN TILE. WALK TO SHOPS, RESTAURANTS, GOLF COURSE AND THE BEACH. PET FRIENDLY. THIS WILL NOT LAST...BUILDING OFFERS BEAUTIFUL AMENITIES: GARAGE PARKING, POOL, EXERCISE ROOM AND MORE!

Last Agent to Sell the Property

Cindy Bray

William Raveis Real Estate License #3002675 Listed on: 03/15/2016

William Raveis Real Estate

Last Buyer's Agent

Robert Jackson

Bob Jackson, Inc. License #582236

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,994

Year Built

  • Built in 2006

Lot Details

  • 1

HOA Fees

  • $527 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • On-Street Parking
  • Assigned Parking

Interior Spaces

  • 1,105 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Sliding Windows
  • Combination Dining and Living Room
  • Ceramic Tile Flooring

Kitchen

  • Breakfast Bar
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Roman Tub

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 38434427640005130

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, maintenance structure, pool(s), sewer, water
  • Lucerne Condo Subdivision
  • 6-Story Property

Amenities

  • Clubhouse
  • 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

$2,994

Year Built

Built in 2006

Lot Details

0

HOA Fees

$527 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I95 TO 6TH AVE S GO EAST TO DIXIE NORTH TO LAKE AVE EAST TO BLDG ON LEFT JUST BEFORE FEDERAL. ENTRANCE TO BLDG IS ON LUCERNE.
  • Year Built: 2006
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Garden Tub/Roman Tub, Living/Dining Room
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 1105.0
  • Dining Room Type: Storage Room
  • Stories: 6
  • Window Features: Blinds, Impact Glass, Sliding

Exterior Features

  • Exterior Features: Balcony
  • View: Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront: No
  • Disclosures: Foreign Seller
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Security: Phone Entry, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 527.0
  • Community Features: Property Manager On-Site, Pool, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Management, Pool, Spa/Hot Tub, Storage, Trash
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Structure, Pool(s), Sewer, Water

Lot Info

  • Parcel #: 38434427640005130
  • Zoning Description: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2994.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2016
Closed on
May 25, 2017
Sold by
Niemela Helena and Niemela Jorma
Bought by
Parenti Gina M
Seller's Agent
Cindy Bray
William Raveis Real Estate
Buyer's Agent
Robert Jackson
Bob Jackson, Inc.
List Price
$250,000
Sold Price
$195,000
Premium/Discount to List
-$55,000
-22%
Current Estimated Value
$402,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,527
Avg. Annual Appreciation
9.05%
Original Mortgage
$185,250
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2011
Sold by
Crete Nicole and Mccarthy Nicole
Bought by
Niemela Jorma

Purchase Details

Closed on
Sep 14, 2006
Sold by
The Lucerne Llc
Bought by
Crete Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,800
Interest Rate
1%
Mortgage Type
Purchase Money Mortgage
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
Parenti Gina M $195,000 Harhbor Land Title Llc
Niemela Jorma $86,000 Dominion Title Company
Crete Nicole $406,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parenti Gina M $163,300
Closed Parenti Gina M $185,250
Previous Owner Crete Nicole $324,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2017 05/25/17 Sold $195,000 -22.0% $176 / Sq Ft
04/25/2017 04/25/17 Pending -- -- --
03/15/2016 03/15/16 For Sale $250,000 0.0% $226 / Sq Ft
04/01/2015 04/01/15 For Rent $1,400 0.0% --
04/01/2015 04/01/15 Rented $1,400 +3.7% --
05/19/2014 05/19/14 For Rent $1,350 0.0% --
05/19/2014 05/19/14 Rented $1,350 +3.8% --
03/18/2013 03/18/13 For Rent $1,300 0.0% --
03/18/2013 03/18/13 Rented $1,300 -- --
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 $6,180 $251,559 -- --
2023 $5,561 $228,690 $0 $0
2022 $4,993 $207,900 $0 $0
2021 $4,595 $189,000 $0 $189,000
2020 $4,626 $189,000 $0 $189,000
2019 $4,618 $189,000 $0 $189,000
2018 $4,104 $169,000 $0 $169,000
2017 $3,328 $169,000 $0 $0
2016 $3,131 $111,538 $0 $0
2015 $2,995 $101,398 $0 $0
2014 $2,594 $92,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Cindy Bray

    William Raveis Real Estate

    (561) 655-6570

    1 in this area

    70 Total Sales

    Section Image

  • R

    Buyer's Agent in 2017

    Robert Jackson

    Bob Jackson, Inc.

  • BRENDA WHITE

    Buyer's Agent in 2015

    BRENDA WHITE

    Atlantic Florida Properties Inc

    (716) 440-1104

    186 Total Sales

    Section Image

  • R

    Buyer's Agent in 2013

    Reliance Real E LLC

    Reliance Real Estate Group LLC

    (561) 371-5936

    25 Total Sales

    Section Image
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About The Lucerne

Map

Source: BeachesMLS

MLS Number: R10217027

BeachesMLS

APN: 38-43-44-27-64-000-5130

Florida Palm Beach County Lake Worth 33460 Downtown Jewel

511 Lucerne Ave Unit 513, Lake Worth, FL

This home is located at 511 Lucerne Ave Unit 513, Lake Worth, FL 33460 since 15 March 2016 and is currently estimated at $403,284, approximately $364 per square foot. This property was built in 2006. 511 Lucerne Ave Unit 513 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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