NOT LISTED FOR SALE

602 S Federal Hwy Unit 7 Lake Worth, FL 33460

South Palm Park Neighborhood

Estimated Value: $343,977 - $440,000

2 Beds
2.5 Baths
1,376 Sq Ft
$283/Sq Ft Est. Value

Last Sold May 09, 2018

Last sale price $176,000 $128 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $2,851/month

138 Days on Market

Highlights

  • Water Views
  • 1 Car Attached Garage
  • Ceramic Tile Flooring
  • High Ceiling
  • Security Gate
  • Central Heating and Cooling System

About This Home

As of May 2018

HUGE PRICE DROP!!! Key West Style townhome, CBS construction, well built. Porcelain tile throughout 1st floor, laminate in bedrooms, stainless steel appliances, granite counter tops in kitchen. Attached 1 car garage, alarm, hurricane shutters and impact windows. Pet friendly community and secure gated entry just few blocks to Downtown Lake Worth and minutes to the beaches

Last Agent to Sell the Property

Rafika Horn

Meridian Properties Inc. License #3085289 Listed on: 11/21/2017

Last Buyer's Agent

Jose Albornoz

Foundation Real Estate LLC License #3344845

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,196

Year Built

  • Built in 2005

Lot Details

  • Fenced

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway

Interior Spaces

  • 1,376 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Water Views
  • Security Gate

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Water Not Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 38434427590000070

Community Details

Overview

  • 20 Units
  • Pineapple Village 1 Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,196

Year Built

Built in 2005

Lot Details

0

HOA Fees

$250 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: SE corner of 6th ave and Federal Hwy
  • Year Built: 2005
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: High Ceilings, Split Bedrooms
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Living Area: 1376.0
  • Stories: 2

Exterior Features

  • Exterior Features: Fence
  • View: Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage

Utilities

  • Laundry Features: In Garage
  • Security: Security Gate
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: None, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Association Fee: 250.0
  • Community Features: Sidewalks
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 38434427590000070
  • Zoning Description: PO/MF-

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3196.0

Multi Family

  • Number Of Units In Community: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2017
Closed on
May 2, 2018
Sold by
Gour Llc
Bought by
Albornoz Antonio and Filteau Sabrina
Seller's Agent
Rafika Horn
Meridian Properties Inc.
Buyer's Agent
Jose Albornoz
Foundation Real Estate LLC
List Price
$225,000
Sold Price
$176,000
Premium/Discount to List
-$49,000
-21.78%
Current Estimated Value
$389,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,494
Avg. Annual Appreciation
11.32%
Original Mortgage
$132,000
Outstanding Balance
$113,761
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$275,733

Purchase Details

Closed on
Dec 21, 2011
Sold by
Peterson Bryce and Peterson Venessa
Bought by
Gour Llc

Purchase Details

Closed on
Jan 28, 2005
Sold by
Best Built Construction Inc
Bought by
Peterson Bryce and Peterson Venessa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,650
Interest Rate
5.66%
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
Albornoz Antonio $176,000 Attorney
Gour Llc $90,000 Sunbelt Title Agency
Peterson Bryce $162,095 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Albornoz Antonio $132,000
Previous Owner Peterson Bryce $129,650
Closed Peterson Bryce $24,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2018 05/09/18 Sold $176,000 -21.8% $128 / Sq Ft
04/09/2018 04/09/18 Pending -- -- --
11/21/2017 11/21/17 For Sale $225,000 -- $164 / 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 $6,338 $243,573 -- --
2023 $5,783 $221,430 $0 $285,000
2022 $4,768 $201,300 $0 $0
2021 $4,455 $183,000 $0 $183,000
2020 $4,367 $178,000 $0 $178,000
2019 $4,051 $163,000 $0 $163,000
2018 $3,628 $163,000 $0 $163,000
2017 $3,196 $163,000 $0 $0
2016 $2,867 $106,480 $0 $0
2015 $2,658 $96,800 $0 $0
2014 $2,412 $88,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Rafika Horn

    Meridian Properties Inc.

    (561) 389-6678

    21 Total Sales

    Rafika Horn
    Section Image

  • J

    Buyer's Agent in 2018

    Jose Albornoz

    Foundation Real Estate LLC

    (561) 201-0333

    5 Total Sales

    Jose Albornoz
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10383943

BeachesMLS

APN: 38-43-44-27-59-000-0070

Florida Palm Beach County Lake Worth 33460 South Palm Park

602 S Federal Hwy Unit 7, Lake Worth, FL

This home is located at 602 S Federal Hwy Unit 7, Lake Worth, FL 33460 since 21 November 2017 and is currently estimated at $389,494, approximately $283 per square foot. This property was built in 2005. 602 S Federal Hwy Unit 7 is a home located in Palm Beach County with nearby schools including South Grade Elementary School, Lake Worth High 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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