NOT LISTED FOR SALE

The Lucerne 511 Lucerne Ave Unit 601 Lake Worth, FL 33460

Downtown Jewel Neighborhood

Estimated Value: $429,234 - $487,000

2 Beds
2 Baths
1,284 Sq Ft
$724/mo HOA Fee

Last Sold December 05, 2022

Last sale price $400,900 $312 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,919/month

67 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Community Pool
  • Intracoastal View
  • Wood Flooring
  • Impact Glass

About This Home

As of December 2022

Fabulous views from this Downtown Penthouse Apartment. The city has a 19 acre public beach, golf course, historic districts and waterfront park. Located in the middle of all the action downtown, step out your door to fine dining, sports pubs, take out, or a short walk to the grocery store. This corner penthouse features 10 ft ceilings and fabulous natural light. The split floorplan has hard wood floors with washer and dryer located in the unit. There is has a bonus room that could be a den or office ( look for the floorplan in the documents section of this listing). Dedicated parking space in the underground garage with storage locker. The Lucerne is a well maintained luxury building with an onsite manager. The building features a resort style pool and patio/deck located on the 3rd

Last Agent to Sell the Property

Donald Brown

Southdale Properties Inc. License #502433 Listed on: 09/28/2022

Co-Listed By

Tapani Isokangas

Southdale Properties Inc. License #338317

Last Buyer's Agent

Thawatchai Riviera

Momentum Luxury Real Estate, L License #3523856

Momentum Luxury Real Estate, L

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,837

Year Built

  • Built in 2006

Lot Details

  • 1

HOA Fees

  • $724 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Deeded Parking
  • Assigned Parking

Interior Spaces

  • 1,284 Sq Ft Home
  • Combination Dining and Living Room
  • Security Gate

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Central Heating and Cooling System
  • Water Purifier
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 38434427640006010

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, maintenance structure, sewer, trash, water
  • 80 Units
  • Lucerne Condo Subdivision
  • 6-Story Property

Recreation

Security

  • Card or Code Access
  • Phone Entry
  • Gated Community
  • Impact Glass

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,837

Year Built

Built in 2006

Lot Details

0

HOA Fees

$724 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Take I-95 to 6th Ave South or 10th Ave north and go downtown. Main entrance is on Lucerne between M and L St.
  • Year Built: 2006
  • Entry Level: 6
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Elevator, Living/Dining Room, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Water Purifier, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile, Wood
  • Living Area: 1284.0
  • Dining Room Type: Laundry
  • Stories: 6
  • Window Features: Impact Glass

Exterior Features

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

Garage/Parking

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

Utilities

  • Security: Security Gate, Key Card Entry, Phone Entry
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 724.0
  • 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 Structure, Sewer, Trash, Water

Lot Info

  • Parcel #: 38434427640006010
  • Zoning Description: CAC(ci

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4837.0

Multi Family

  • Number Of Units In Community: 80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2022
Closed on
Dec 2, 2022
Sold by
Young Andrew R and Young Janet P
Bought by
Walker Donald F and Walker Cindi
Seller's Agent
Donald Brown
Southdale Properties Inc.
Buyer's Agent
Thawatchai Riviera
Momentum Luxury Real Estate, L
List Price
$469,900
Sold Price
$400,900
Premium/Discount to List
-$69,000
-14.68%
Views
17
Current Estimated Value
$458,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,659
Avg. Annual Appreciation
3.49%
Original Mortgage
$320,720
Outstanding Balance
$312,867
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$127,868

Purchase Details

Listed on
Apr 15, 2014
Closed on
Jun 6, 2014
Sold by
Peronard Mary
Bought by
Young Andrew R
Seller's Agent
ERIC SAIN
The Corcoran Group
Buyer's Agent
STEVE ISOKANGAS
MANATEE COVE REALTY, INC. (Luxury Homes Division)
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.71%

Purchase Details

Closed on
Aug 25, 2006
Sold by
The Lucerne Llc
Bought by
Peronard Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.45%
Mortgage Type
Credit Line Revolving
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
Walker Donald F $400,900 Sunbelt Title
Young Andrew R $250,000 First American Title Ins Co
Peronard Mary $488,930 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Donald F $320,720
Previous Owner Young Andrew R $200,000
Previous Owner Peronard Mary T $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2022 12/05/22 Sold $400,900 +0.3% $312 / Sq Ft
10/31/2022 10/31/22 Price Changed $399,900 -14.9% $311 / Sq Ft
09/28/2022 09/28/22 For Sale $469,900 +88.0% $366 / Sq Ft
06/06/2014 06/06/14 Sold $250,000 0.0% $195 / Sq Ft
06/06/2014 06/06/14 Sold $250,000 0.0% $195 / Sq Ft
05/07/2014 05/07/14 Pending -- -- --
04/16/2014 04/16/14 Pending -- -- --
04/15/2014 04/15/14 For Sale $250,000 -28.6% $195 / Sq Ft
03/26/2014 03/26/14 For Sale $350,000 -- $273 / 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 $8,587 $376,200 -- --
2023 $7,799 $342,000 $0 $342,000
2022 $4,859 $249,260 $0 $0
2021 $4,837 $242,000 $0 $242,000
2020 $4,795 $238,718 $0 $0
2019 $4,714 $233,351 $0 $0
2018 $4,500 $229,000 $0 $229,000
2017 $5,471 $229,000 $0 $0
2016 $5,079 $207,900 $0 $0
2015 $4,612 $189,000 $0 $0
2014 $2,429 $137,102 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Donald Brown

    Seller's Agent in 2022

    Donald Brown

    Southdale Properties Inc.

    (561) 313-4582

    2 in this area

    41 Total Sales

    Donald Brown
    Section Image

  • T

    Seller Co-Listing Agent in 2022

    Tapani Isokangas

    Southdale Properties Inc.

    (561) 880-2600

    1 in this area

    4 Total Sales

    Tapani Isokangas
    Section Image

  • T

    Buyer's Agent in 2022

    Thawatchai Riviera

    Momentum Luxury Real Estate, L

    (954) 829-7011

    1 in this area

    3 Total Sales

    Thawatchai Riviera
    Section Image

  • E

    Seller's Agent in 2014

    ERIC SAIN

    The Corcoran Group

  • Don Todorich

    Seller's Agent in 2014

    Don Todorich

    The Corcoran Group

    (561) 373-1791

    140 Total Sales

    Don Todorich
    Section Image

  • D

    Seller Co-Listing Agent in 2014

    DONALD TODORICH

    The Corcoran Group

    (561) 373-1791

    9 Total Sales

    DONALD TODORICH
    Section Image
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About The Lucerne

Map

Source: BeachesMLS

MLS Number: R10834987

BeachesMLS

APN: 38-43-44-27-64-000-6010

Florida Palm Beach County Lake Worth 33460 Downtown Jewel

511 Lucerne Ave Unit 601, Lake Worth, FL

This home is located at 511 Lucerne Ave Unit 601, Lake Worth, FL 33460 since 28 September 2022 and is currently estimated at $458,559, approximately $357 per square foot. This property was built in 2006. 511 Lucerne Ave Unit 601 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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