NOT LISTED FOR SALE

619 S Pine St Unit 1 Lake Worth, FL 33460

Memorial Park Neighborhood

Estimated Value: $503,000 - $600,000

3 Beds
3 Baths
1,860 Sq Ft
$303/Sq Ft Est. Value

Last Sold December 23, 2015

Last sale price $195,000 $105 Per Sq Ft

Est. 189% increase in value since last sale

Current estimated payment $3,603/month

20 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Fenced

About This Home

As of December 2015

Great Triplex opportunity for investors! 3 large apartments of 1Bed/1bath each. Private parking. New roof, Recently painted inside and outside. Central A/C in all units. A lot of updates recently done. Professionally managed. This is a great rental income opportunity on a prime location, a block from I95.

Last Agent to Sell the Property

Gabriela Elkis

Real Estate 4 All LLC License #3297757 Listed on: 12/01/2015

Last Buyer's Agent

Ronald Lovinsky

New Empire Realty, Inc. License #3187274

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,943

Year Built

  • Built in 1978

Lot Details

  • 6,400 Sq Ft Lot
  • Fenced

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,860 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $25,140
  • Rent includes electricity, cable TV
  • Assessor Parcel Number 38434428030000110

Community Details

Overview

  • 3 Units
  • Lakeview Heights Add 1 Subdivision

Building Details

  • Operating Expense $5,383
  • Net Operating Income $19,757

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,943

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: I-95 E ON 6 AVE.TURN R ON SOUTH A ST. R ON ELM R ONTO PINE ST. TO PROPERTY WILL BE ON THE LEFT
  • Year Built: 1978
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Tile
  • Living Area: 1860.0

Exterior Features

  • Exterior Features: Fence
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Electricity 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 #: 38434428030000110
  • Lot Size: 50.0 ft x 128.0 ft
  • Lot Size Sq Ft: 6400.0
  • Zoning Description: SF7

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 19757.0
  • Number Of Units Total: 3
  • Annual Operating Expense: 5383.0
  • Total Actual Rent: 25140.0

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3943.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2015
Closed on
Dec 23, 2015
Sold by
Epic R & G Management Llc
Bought by
Joseph Berthine
Seller's Agent
Gabriela Elkis
Real Estate 4 All LLC
Buyer's Agent
Ronald Lovinsky
New Empire Realty, Inc.
List Price
$209,900
Sold Price
$195,000
Premium/Discount to List
-$14,900
-7.1%
Current Estimated Value
$562,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$367,737
Avg. Annual Appreciation
11.08%

Purchase Details

Closed on
Apr 19, 2013
Sold by
Mansur Ahmed
Bought by
Epic R & G Management Llc

Purchase Details

Closed on
Apr 15, 2011
Sold by
Persaud Brahmdeo and Persaud Odilia V
Bought by
Ahmed Mansur

Purchase Details

Closed on
Dec 16, 2003
Sold by
Schaefer Joseph W
Bought by
Persaud Brahmdeo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Joseph Berthine $195,000 Nautica Title Usa Inc
Epic R & G Management Llc $95,000 Mason Title Company Inc
Ahmed Mansur $60,000 Attorney
Persaud Brahmdeo $148,000 Palm Beach Title Services Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Persaud Brahmdeo $111,000
Closed Persaud Brahmdeo $20,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2015 12/23/15 Sold $195,000 -7.1% $105 / Sq Ft
12/02/2015 12/02/15 For Sale $209,900 -- $113 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $8,169 $316,628 -- --
2024 $8,169 $287,844 -- --
2023 $7,734 $261,676 $0 $0
2022 $6,938 $237,887 $0 $0
2021 $6,755 $280,063 $100,800 $179,263
2020 $6,228 $245,242 $100,800 $144,442
2019 $5,703 $210,162 $72,000 $138,162
2018 $5,123 $181,179 $70,631 $110,548
2017 $4,700 $150,948 $50,450 $100,498
2016 $4,328 $134,281 $0 $0
2015 $4,236 $124,387 $0 $0
2014 $3,943 $113,079 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2015

    Gabriela Elkis

    Real Estate 4 All LLC

    (561) 676-0462

    39 Total Sales

    Gabriela Elkis
    Section Image

  • R

    Buyer's Agent in 2015

    Ronald Lovinsky

    New Empire Realty, Inc.

    (561) 396-4025

    2 in this area

    109 Total Sales

    Ronald Lovinsky
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10188654

BeachesMLS (Greater Fort Lauderdale)

APN: 38-43-44-28-03-000-0110

Florida Palm Beach County Lake Worth 33460 Memorial Park

619 S Pine St Unit 1, Lake Worth, FL

Not Listed for Sale

MultiFamily

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