NOT LISTED FOR SALE

Estimated Value: $456,389 - $527,000

4 Beds
2 Baths
1,482 Sq Ft
$327/Sq Ft Est. Value

Last Sold September 22, 2021

Last sale price $298,000 $201 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,345/month

10 Days on Market

Highlights

  • Wood Flooring
  • Shed
  • Fenced
  • Corner Lot
  • Central Heating and Cooling System

About This Home

As of September 2021

LEGAL DUPLEX (2 UNITS) IN LAKE WORTH BEACH! BOTH UNITS ARE LEGITIMATE PERMITTED TWO-BEDROOMS! WOW! Most multifamily apartments in Lake Worth Beach are one-bedroom. Rare to snare anything greater. This duplex's income potential - because of its double-sized units - is comparable to standard-fare nearby triplexes! Looking great in Tiffany-blue, this duchess was built in 1950... The zenith of top-quality construction. Lovely interior layouts, central a/c, BIG corner lot (50' x 135'). Off-street parking: Side AND front driveways! Unimproved lateral yard awaits your creative ideas. With over 300 vacation rentals now thriving in the municipality, perhaps transform this into an oasis retreat. Or keep it operating as its current use, high-yield annual residential rentals.

Last Agent to Sell the Property

Bret Taylor

Southdale Properties Inc. License #3098864 Listed on: 08/12/2021

Last Buyer's Agent

Bret Taylor

Southdale Properties Inc. License #3098864 Listed on: 08/12/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,823

Year Built

  • Built in 1950

Lot Details

  • Fenced
  • Corner Lot

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,482 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Ceramic Tile

Additional Features

  • Shed
  • Central Heating and Cooling System

Community Details

  • 2 Units
  • Town Of Lake Worth: Tropi Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38434421152040160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,823

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Take Lake Avenue to North D Street and turn North. Then turn East onto 7th Avenue North. Property is on the NW corner of 7th Avenue North and North E Street.
  • Year Built: 1950
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Living Area: 1482.0

Exterior Features

  • Exterior Features: Fence, Shed
  • Lot Features: Corner Lot
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame
  • Other Structures: Shed(s)
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: 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 #: 38434421152040160
  • Zoning Description: SFR

Rental Info

  • Tenant Pays: Exterior Electric

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4823.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Sep 22, 2021
Sold by
Gill Everett Alexander and Gaeta Justin Dominic
Bought by
Violet Star 10 Llc
Seller's Agent
Bret Taylor
Southdale Properties Inc.
Buyer's Agent
Bret Taylor
Southdale Properties Inc.
List Price
$315,000
Sold Price
$298,000
Premium/Discount to List
-$17,000
-5.4%
Current Estimated Value
$485,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,130
Avg. Annual Appreciation
12.50%

Purchase Details

Listed on
Dec 7, 2017
Closed on
Jan 26, 2018
Sold by
Hidalgo Ricardo
Bought by
Gill Everett Alexander
Seller's Agent
Jose Alcebo
LAER Realty Partners Bowen/WPB
Buyer's Agent
Luzira Ramirez
Inactive member
List Price
$219,000
Sold Price
$222,000
Premium/Discount to List
$3,000
1.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%
Original Mortgage
$166,500
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 28, 2015
Closed on
Jul 1, 2015
Sold by
House William W and House Pamela J
Bought by
Hidalgo Ricardo
Seller's Agent
Polly Parker
LPT Realty, LLC
Buyer's Agent
Albert Pavon
Pavon Realty Group, LLC
List Price
$139,900
Sold Price
$115,000
Premium/Discount to List
-$24,900
-17.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.04%

Purchase Details

Closed on
Nov 9, 2001
Sold by
Vanistendal Theodore G
Bought by
House William W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,550
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 1997
Sold by
Watkins Robert T
Bought by
Vanintendal Theodore G

Purchase Details

Closed on
Oct 5, 1995
Sold by
Watkins S James and Watkins Gertrude M
Bought by
Watkins Robert T
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
Violet Star 10 Llc $298,000 Attorney
Gill Everett Alexander $222,000 First American Title Ins Co
Hidalgo Ricardo $115,000 All Property Title & Escrow
House William W $89,500 --
Vanintendal Theodore G $100 --
Watkins Robert T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gill Everett Alexander $165,000
Previous Owner Gill Everett Alexander $166,500
Previous Owner House William W $82,300
Previous Owner House William W $80,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2021 09/22/21 Sold $298,000 -5.4% $201 / Sq Ft
08/23/2021 08/23/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $315,000 +41.9% $213 / Sq Ft
01/26/2018 01/26/18 Sold $222,000 +1.4% $150 / Sq Ft
12/27/2017 12/27/17 Pending -- -- --
12/07/2017 12/07/17 For Sale $219,000 +90.4% $148 / Sq Ft
06/29/2015 06/29/15 Sold $115,000 -17.8% $64 / Sq Ft
05/30/2015 05/30/15 Pending -- -- --
04/28/2015 04/28/15 For Sale $139,900 -- $78 / 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 $7,900 $312,118 -- --
2023 $7,599 $297,554 $0 $0
2022 $6,980 $270,504 $0 $0
2021 $5,289 $200,335 $67,600 $132,735
2020 $4,822 $169,158 $59,800 $109,358
2019 $4,758 $165,665 $54,600 $111,065
2018 $3,509 $133,723 $51,646 $82,077
2017 $3,172 $105,146 $36,890 $68,256
2016 $2,896 $89,978 $0 $0
2015 $2,188 $53,726 $0 $0
2014 $2,184 $48,842 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10737915

BeachesMLS

APN: 38-43-44-21-15-204-0160