NOT LISTED FOR SALE

Estimated Value: $255,000 - $362,000

0.15 Acre
$2,136,140 Price per Acre
6,750 Sq Ft Lot

Last Sold October 13, 2015

Last sale price $85,000 $142 Per Sq Ft

Est. 277% increase in value since last sale

Current estimated payment $2,128/month

57 Days on Market

About This Lot

As of October 2015

This property current use is multi-family. There are two houses on the property. The East side house had a fire, and should be demolished. The West side house currently has a month to month tenant. The value here is in the land, it's located on Lake Worth's 6th Avenue South Gateway Corridor, and is zoned Artisanal Industrial. Please see the attached document in the MLS for possible uses as provided by the zoning.

Last Agent to Sell the Property

Keith Korpi

Coastal Classic Realty License #3089591 Listed on: 07/17/2015

Property Details

Property Type

  • Land

Lot Details

  • 6,750 Sq Ft Lot
  • South Facing Home
  • Paved or Partially Paved Lot
  • Site Plan Filed
  • Property is zoned LHTI

Additional Features

  • Water Views
  • City Lot

Community Details

  • Town Of Lake Worth Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38434421151770310

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Industrial
  • Property Sub Type Additional: Industrial
  • Directions: I-95 to 6th Avenue South exit, go East. Property between South G St and South H Street, directly parallel and adjacent to 6th Avenue South.
  • Special Features: None

Exterior Features

  • View: Other, Water
  • Lot Features: City Lot, < 1/4 Acre
  • Road Surface Type: Paved
  • Waterfront: No
  • Direction Faces: South

Lot Info

  • Parcel #: 38434421151770310
  • Current Use: Other
  • Development Status: Site Plan Filed
  • Lot Size Sq Ft: 6750.0
  • Zoning Description: LHTI
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 2984.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2015
Closed on
Oct 8, 2015
Sold by
Saffroney Enterprises Inc
Bought by
Peters 529 South H Street Llc
Seller's Agent
Keith Korpi
Coastal Classic Realty
List Price
$125,000
Sold Price
$85,000
Premium/Discount to List
-$40,000
-32%
Current Estimated Value
$320,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,421
Original Mortgage
$25,000
Interest Rate
5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 21, 2003
Sold by
Scott Russel
Bought by
Saffroney Enterprises Inc

Purchase Details

Closed on
Sep 29, 1994
Sold by
Herbst Archie L and Herbst Patricia K
Bought by
Scott Russel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
8.56%
Mortgage Type
Purchase Money Mortgage
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
Peters 529 South H Street Llc $85,000 First American Title Ins Co
Saffroney Enterprises Inc $65,000 --
Scott Russel $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Peters 529 South H Street Llc $25,000
Previous Owner Scott Russel J $25,000
Previous Owner Scott Russel $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2015 10/13/15 Sold $85,000 -32.0% $142 / Sq Ft
09/13/2015 09/13/15 Pending -- -- --
07/17/2015 07/17/15 For Sale $125,000 -- $208 / 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 $4,755 $154,710 -- --
2023 $4,171 $140,645 $0 $0
2022 $3,862 $127,859 $0 $0
2021 $3,640 $116,235 $64,648 $51,587
2020 $3,508 $110,058 $64,648 $45,410
2019 $3,454 $107,583 $61,560 $46,023
2018 $3,423 $108,889 $59,788 $49,101
2017 $3,290 $106,054 $56,953 $49,101
2016 $3,016 $92,067 $0 $0
2015 $3,027 $90,131 $0 $0
2014 $2,984 $87,199 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10152609

BeachesMLS

APN: 38-43-44-21-15-177-0310