$530,000
SOLD AUG 14, 2024
-- Bed
-- Bath
1,478 Sq Ft
6,599 Sq Ft Lot

Recently Sold

$359 Per Sq Ft

3% Below List Price

64 Days on Market

About This Home

As of August 2024

Lucrative Rental Income: This property is an investor's dream, Original is a Duplex, that was converted to 3 units (No Permits)the efficiency unit currently fetching $1,250 in rent and the central unit commanding $2,050 (utilities included). Additionally, the front unit, with its own electrical meter, was previously rented for $1,750, with only water included. Don't miss out on this golden opportunity to add a lucrative asset to your investment portfolio.

Last Agent to Sell the Property

Patricio San Lucas

Home Partnership Group, LLC License #3405591 Listed on: 06/10/2024

Last Buyer's Agent

Gabriella Thompson

The Keyes Company License #3440031

The Keyes Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,729

Year Built

  • Built in 1955

Lot Details

  • 6,599 Sq Ft Lot

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1,478 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 38434421151880070

Community Details

Overview

  • 2 Units
  • Lake Worth Town Of Subdivision

Building Details

  • Operating Expense $9,000
  • Net Operating Income $51,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,729

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: From Lucerne, drive North on D street. Make a right on 7th and then another right into E street.
  • Year Built: 1955
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1478.0

Exterior Features

  • Exterior Features: None
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick Veneer, Block
  • Property Condition: Resale
  • Roof: Other

Utilities

  • Cooling: Central Air, Electric
  • 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

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 38434421151880070
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 6599.0
  • Zoning Description: SINGLE-F
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 51000.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 9000.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5729.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2024
Closed on
Aug 9, 2024
Sold by
Zapeta 614 Ne Investment Llc
Bought by
Hlios K Amos Llc
Seller's Agent
Patricio San Lucas
Home Partnership Group, LLC
Buyer's Agent
Gabriella Thompson
The Keyes Company
List Price
$545,000
Sold Price
$530,000
Premium/Discount to List
-$15,000
-2.75%
Total Days on Market
64
Views
8
Current Estimated Value
$539,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,164
Avg. Annual Appreciation
2.17%
Original Mortgage
$344,500
Outstanding Balance
$342,089
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$197,075

Purchase Details

Listed on
Jan 11, 2023
Closed on
May 3, 2023
Sold by
Century Living Trust
Bought by
Zapeta 614 Ne Investment Llc
Seller's Agent
Igor Golebiowski
Coldwell Banker Realty /Delray Beach
Buyer's Agent
Patricio San Lucas
Home Partnership Group, LLC
List Price
$390,000
Sold Price
$375,000
Premium/Discount to List
-$15,000
-3.85%
Views
726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.76%
Original Mortgage
$221,000
Interest Rate
6.42%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 6, 2017
Sold by
Wojciechowska Halina
Bought by
Dariusz Golebiowski and Century Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1
Interest Rate
3.96%

Purchase Details

Closed on
Jun 1, 2017
Bought by
Century Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1
Interest Rate
3.96%

Purchase Details

Closed on
Nov 16, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Wojciechowska Halina

Purchase Details

Closed on
Jun 29, 2010
Sold by
Illait Renette and Nazaire Wilfred
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Apr 18, 2003
Sold by
Lominy Marie and Lominy Kenol
Bought by
Nazaire Wilfred and Illait Renette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2001
Sold by
American Residential Marketing Inc
Bought by
Lominy Kenol and Lominy Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2001
Sold by
Raymond J Torres I
Bought by
American Residential Marketing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,603
Interest Rate
7.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 7, 1994
Sold by
Fl Alpine Prop Inc
Bought by
Torres Raymond J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,349
Interest Rate
8.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 1993
Sold by
Coughlin Thomas A
Bought by
Fl Alpine Prop Inc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $530,000 Level 10 Title
Deed $375,000 Level 10 Title Llc
Deed $1,429 --
Deed -- --
Special Warranty Deed $41,200 Attorney
Trustee Deed $35,100 Attorney
Warranty Deed $118,000 Flagler Title Company
Warranty Deed $110,000 Express Land Title Inc
Warranty Deed $65,100 --
Warranty Deed $52,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $344,500 New Conventional
Closed $344,500 New Conventional
Previous Owner $221,000 Credit Line Revolving
Previous Owner $1 No Value Available
Previous Owner $50,000 Unknown
Previous Owner $162,000 Unknown
Previous Owner $94,400 Purchase Money Mortgage
Previous Owner $88,000 Purchase Money Mortgage
Previous Owner $65,603 Purchase Money Mortgage
Previous Owner $60,000 New Conventional
Previous Owner $43,349 Purchase Money Mortgage
Closed $11,800 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2024 08/14/24 Sold $530,000 -2.8% $359 / Sq Ft
06/10/2024 06/10/24 For Sale $545,000 +45.3% $369 / Sq Ft
05/02/2023 05/02/23 Sold $375,000 -3.8% $254 / Sq Ft
01/11/2023 01/11/23 For Sale $390,000 -- $264 / 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 $6,904 $267,131 -- --
2023 $5,729 $190,685 $0 $0
2022 $5,051 $173,350 $0 $0
2021 $4,525 $157,591 $67,600 $89,991
2020 $4,220 $143,603 $59,800 $83,803
2019 $3,998 $139,954 $54,600 $85,354
2018 $3,584 $119,130 $51,646 $67,484
2017 $2,092 $92,104 $36,890 $55,214
2016 $1,959 $34,923 $0 $0
2015 $1,828 $31,748 $0 $0
2014 $1,851 $28,862 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10995001

BeachesMLS

APN: 38-43-44-21-15-188-0070