NOT LISTED FOR SALE

Estimated Value: $414,000 - $476,000

4 Beds
2 Baths
1,580 Sq Ft
$284/Sq Ft Est. Value

Last Sold March 23, 2017

Last sale price $195,000 $123 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $3,376/month

23 Days on Market

Highlights

  • Water Views
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wood Frame Window
  • Ceramic Tile Flooring

About This Home

As of March 2017

This solid CBS building has two 2/1 units.Front unit pays $850 and the rear unit pays $820.Front unit has a wall a/c and the rear has Central Air.Tenants pays their own electric and landlord pays water.The driveway on the side accommodates two cars and driveway in the back can accommodate 4 vehicles.Property is located minutes to I 95 and downtown Lake Worth which has an abundance of entertainment and restaurants.

Last Agent to Sell the Property

Sid Daibee

Belcher Orion Realty Inc. License #579773 Listed on: 02/27/2017

Last Buyer's Agent

Ronald Lovinsky

New Empire Realty, Inc. License #3187274

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,312

Year Built

  • Built in 1959

Lot Details

  • 6,749 Sq Ft Lot

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,580 Sq Ft Home
  • 1-Story Property
  • Single Hung Metal Windows
  • Wood Frame Window
  • Water Views

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $20,040
  • Rent includes electricity, cable TV
  • Assessor Parcel Number 38434421151990040

Community Details

Overview

  • 2 Units
  • Lake Worth Town Of Subdivision

Building Details

  • Operating Expense $5,000
  • Net Operating Income $15,540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,312

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: I 95 TO 6TH AVE SOUTH, GO EAST TO E STREET,MAKE RIGHT AND BLDG IN ON THE LEFT.LOOK FOR NUMBER ON BLDG .FOURTH BUILDING ON LEFT SIDE.
  • Year Built: 1959
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet, Ceramic Tile, Laminate
  • Living Area: 1580.0
  • Window Features: Single Hung, Wood Frames

Exterior Features

  • View: Other, Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 38434421151990040
  • Lot Size Sq Ft: 6749.0
  • Zoning Description: G(city
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 15540.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 5000.0
  • Total Actual Rent: 20040.0

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 2312.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2021
Sold by
Morisset Ulysse
Bought by
Francois David Jean
Current Estimated Value
$495,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,000
Outstanding Balance
$200,793
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$279,774

Purchase Details

Listed on
Feb 27, 2017
Closed on
Mar 23, 2017
Sold by
Sanjogita Dyal
Bought by
Morisset Ulysse
Seller's Agent
Sid Daibee
Belcher Orion Realty Inc.
Buyer's Agent
Ronald Lovinsky
New Empire Realty, Inc.
List Price
$199,900
Sold Price
$195,000
Premium/Discount to List
-$4,900
-2.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.34%

Purchase Details

Closed on
Apr 11, 2005
Sold by
Daibee Pravahan and Dyal Sanjogita
Bought by
Dyal Sanjogita

Purchase Details

Closed on
Mar 31, 2003
Sold by
Steinolfson Ryan Lynn
Bought by
Daibee Pravahns and Dyal Sanjogita

Purchase Details

Closed on
Jun 9, 1999
Sold by
Roger B Hackle Tr and Anna F Hackle Tr
Bought by
Steinolfson Ryan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 1996
Sold by
Hill Gary L and Hill Harla
Bought by
Hackle Roger B and Hackle Anna F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,400
Interest Rate
7.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 1995
Sold by
Gary L Hill Tr and Harla J Hill Tr
Bought by
Hill Gary L and Hill Harla J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,200
Interest Rate
7.58%
Mortgage Type
New Conventional
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
Francois David Jean $260,000 First American Title Ins Co
Morisset Ulysse $195,000 First American Title Ins Co
Dyal Sanjogita -- --
Daibee Pravahns $94,000 --
Steinolfson Ryan L $70,000 --
Hackle Roger B $33,500 --
Hill Gary L $200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Francois David Jean $221,000
Previous Owner Hill Gary L $63,000
Previous Owner Hill Gary L $23,400
Previous Owner Hill Gary L $25,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2017 03/23/17 Sold $195,000 -2.5% $123 / Sq Ft
02/27/2017 02/27/17 For Sale $199,900 -- $127 / 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 $7,964 $315,032 -- --
2023 $7,481 $289,403 $0 $0
2022 $6,812 $263,094 $0 $0
2021 $5,606 $220,057 $69,000 $151,057
2020 $5,152 $192,658 $69,000 $123,658
2019 $4,739 $169,718 $46,000 $123,718
2018 $4,256 $148,021 $45,864 $102,157
2017 $2,488 $111,099 $32,760 $78,339
2016 $2,312 $49,355 $0 $0
2015 $1,999 $44,868 $0 $0
2014 $1,860 $40,789 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10311822

BeachesMLS

APN: 38-43-44-21-15-199-0040