NOT LISTED FOR SALE

Estimated Value: $497,188 - $573,000

4 Beds
3 Baths
1,350 Sq Ft
$401/Sq Ft Est. Value

Last Sold April 03, 2014

Last sale price $120,000 $89 Per Sq Ft

Est. 351% increase in value since last sale

Current estimated payment $3,520/month

146 Days on Market

Highlights

  • Corner Lot
  • Central Air
  • No Heating
  • Ceramic Tile Flooring

About This Home

As of April 2014

Robust and resilient...Perfectly ideal duplex to own. This sharp looking legal 2-unit income producing property is in great shape. One apartment is a 2/1, the other is a 2/2. Both feature attractive ceramic tile floors, and generous living space. Optimal location, East of Dixie Hwy., in Lake Worth's profoundly colorful Downtown Jewel Neighborhood. Walking distance to the heart of the city's entertainment district. A myriad of lively bars, popular restaurants, and independent retail shops are conveniently just steps away. The enormous corner lot, with incredibly deep backyard, provides occupants with vast outdoor space to enjoy the warm Florida sunshine and soothing sea breezes. This duplex is an easy way to stake your claim in South Florida's rapidly appreciating real estate market.

Last Agent to Sell the Property

Bret Taylor

Southdale Properties Inc. License #3098864 Listed on: 10/08/2013

Last Buyer's Agent

Bret Taylor

Southdale Properties Inc. License #3098864 Listed on: 10/08/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,667

Year Built

  • Built in 1946

Lot Details

  • Corner Lot

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,350 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Air
  • No Heating

Community Details

  • 2 Units
  • Lake Worth Town Of In Pb Subdivision

Listing and Financial Details

  • Total Actual Rent $19,200
  • Rent includes electricity
  • Assessor Parcel Number 38434421151710010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,667

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Take 6th Ave. South to South J St. Property is on the NE corner of that intersection.
  • Year Built: 1946
  • Unit Levels: One
  • Building Stories: 1
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1350.0

Exterior Features

  • Lot Features: Corner Lot
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity
  • Senior Community: No

Lot Info

  • Parcel #: 38434421151710010
  • Zoning Description: RM20

Rental Info

  • Tenant Pays: Exterior Electric

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 2667.0

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 19200.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2013
Closed on
Apr 2, 2014
Sold by
Caribbean All Real Estate Corporation
Bought by
1 Jeanne 923 Llc
Seller's Agent
Bret Taylor
Southdale Properties Inc.
Buyer's Agent
Bret Taylor
Southdale Properties Inc.
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%
Current Estimated Value
$540,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$420,729
Avg. Annual Appreciation
14.18%

Purchase Details

Closed on
Dec 29, 2011
Sold by
Federal National Mortgage Association
Bought by
Caribbean All Real Estate Corporation

Purchase Details

Closed on
Aug 17, 2011
Sold by
Jpmorgan Chase Bank National Association
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Jul 18, 2011
Sold by
Garcon Willier
Bought by
Chase Home Finance Llc

Purchase Details

Closed on
Jan 12, 2005
Sold by
Clervoyant Carlo
Bought by
Garcon Willier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 1999
Sold by
Lee Audrey Jean Rose
Bought by
Clervoyant Carlo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,500
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 1997
Sold by
Clerk Of The Court
Bought by
Lee Audrey J
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
1 Jeanne 923 Llc $120,000 Attorney
Caribbean All Real Estate Corporation $40,500 Attorney
Federal National Mortgage Association -- Attorney
Chase Home Finance Llc $30,300 None Available
Garcon Willier $150,000 --
Clervoyant Carlo $75,000 --
Lee Audrey J $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcon Willier $100,000
Previous Owner Garcon Willier $108,000
Previous Owner Lee Audrey J $71,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2014 04/03/14 Sold $120,000 -4.0% $89 / Sq Ft
03/04/2014 03/04/14 Pending -- -- --
10/08/2013 10/08/13 For Sale $125,000 -- $93 / 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 $6,885 $218,329 -- --
2023 $6,402 $198,481 $0 $0
2022 $6,934 $180,437 $0 $0
2021 $5,015 $213,368 $83,700 $129,668
2020 $4,695 $198,374 $91,800 $106,574
2019 $4,388 $183,886 $75,600 $108,286
2018 $3,805 $142,248 $54,547 $87,701
2017 $3,490 $120,497 $49,588 $70,909
2016 $3,189 $101,852 $0 $0
2015 $3,012 $92,593 $0 $0
2014 $2,616 $71,678 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R9983838

BeachesMLS

APN: 38-43-44-21-15-171-0010