NOT LISTED FOR SALE

524 N L St Lake Worth, FL 33460

Mango Groves Neighborhood
-- Bed
1 Bath
2,247 Sq Ft
10,125 Sq Ft Lot

Last Sold July 15, 2016

Last sale price $325,000 $145 Per Sq Ft

71 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • Ceiling Fan
  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Fenced

About This Home

As of July 2016

Nice income producing 4-plex with one single family with 3 studio apartments detached. Coin laundry on property. Very good rental history and area. Area has lots of potential to move price up and rents upwards. Walking distance to downtown and beaches. College near by and property brings in -+$3600 monthly.Live in house and rent out the 3 studios or keep renting all units.

Last Agent to Sell the Property

Patti Sheldon

Patti Chung-Sheldon LLC License #690565 Listed on: 04/04/2016

Last Buyer's Agent

Newmon Mathai

Sobri Realty Group LLC License #3238158

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,606

Year Built

  • Built in 1940

Lot Details

  • 10,125 Sq Ft Lot
  • Fenced

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,247 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tinted Windows
  • Blinds

Flooring

  • Wood
  • Carpet
  • Terrazzo
  • Ceramic Tile

Outdoor Features

  • Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Wall Furnace
  • The lake is a source of water for the property
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $42,000
  • Rent includes electricity, cable TV
  • Assessor Parcel Number 38434421151560110

Community Details

Overview

  • Association fees include laundry, maintenance structure, pest control, sewer, water
  • 4 Units
  • Lake Worth Town Of Subdivision

Building Details

  • Operating Expense $14,500
  • Net Operating Income $27,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,606

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: Take I95 north to 10th Ave, exit east to Federal Hwy go south to 6th Ave and head to N ''L'' street make left to address on left.
  • Year Built: 1940
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Carpet, Ceramic Tile, Terrazzo, Wood
  • Living Area: 2247.0
  • Window Features: Blinds, Tinted Windows

Exterior Features

  • Exterior Features: Fence, Patio
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Lake, Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Cable TV
  • Senior Community: No
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Laundry, Maintenance Structure, Pest Control, Sewer, Water

Lot Info

  • Parcel #: 38434421151560110
  • Lot Size Sq Ft: 10125.0
  • Zoning Description: SF-TF-
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 27500.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 14500.0
  • Total Actual Rent: 42000.0

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 5606.0

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2016 07/15/16 Sold $325,000 -9.7% $145 / Sq Ft
06/15/2016 06/15/16 Pending -- -- --
04/04/2016 04/04/16 For Sale $359,900 0.0% $160 / Sq Ft
10/31/2013 10/31/13 Rented $1,275 -1.9% --
10/01/2013 10/01/13 Under Contract -- -- --
09/25/2013 09/25/13 For Rent $1,300 +116.7% --
04/20/2013 04/20/13 Rented $600 0.0% --
03/21/2013 03/21/13 Under Contract -- -- --
03/03/2013 03/03/13 For Rent $600 -52.0% --
09/15/2012 09/15/12 Rented $1,250 -19.4% --
08/16/2012 08/16/12 Under Contract -- -- --
08/06/2012 08/06/12 For Rent $1,550 -- --
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2016

    Patti Sheldon

    Patti Chung-Sheldon LLC

    (561) 312-7590

    Patti Sheldon
    Section Image

  • N

    Buyer's Agent in 2016

    Newmon Mathai

    Sobri Realty Group LLC

    (954) 298-9732

    48 Total Sales

    Newmon Mathai
    Section Image

  • P

    Seller's Agent in 2013

    Patricia Chung-Sheldon

    Patti Chung-Sheldon LLC

  • G

    Buyer's Agent in 2013

    Grace Pazmino

    United Realty Group Inc

See All Agents

Map

Source: BeachesMLS

MLS Number: R10222385

BeachesMLS

APN: 38-43-44-21-15-156-0110

Florida Palm Beach County Lake Worth 33460 Mango Groves

524 N L St, Lake Worth, FL

This home is located at 524 N L St, Lake Worth, FL 33460 since 04 April 2016. This property was built in 1940. 524 N L St 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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