701 N E St Lake Worth, FL 33460
Tropical Ridge Neighborhood
--
Bed
--
Bath
1,482
Sq Ft
6,752
Sq Ft Lot
Highlights
- Wood Flooring
- Shed
- Fenced
- Corner Lot
- Central Heating and Cooling System
About This Home
As of September 2021LEGAL 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
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
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
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
Similar Homes in Lake Worth, FL
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $298,000 | Attorney | |
| Warranty Deed | $222,000 | First American Title Ins Co | |
| Warranty Deed | $115,000 | All Property Title & Escrow | |
| Warranty Deed | $89,500 | -- | |
| Quit Claim Deed | $100 | -- | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $165,000 | New Conventional | |
| Previous Owner | $166,500 | New Conventional | |
| Previous Owner | $82,300 | Unknown | |
| Previous Owner | $80,550 | Purchase Money Mortgage |
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
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
-
Bret Taylor
B
Seller's Agent in 2021
Bret Taylor
Southdale Properties Inc.
(561) 255-5310
30 in this area
77 Total Sales
-
Jose Alcebo
Seller's Agent in 2018
Jose Alcebo
LAER Realty Partners Bowen/WPB
(561) 313-7940
70 Total Sales
-
L
Buyer's Agent in 2018
Luzira Ramirez
Inactive member
-
Polly Parker
P
Seller's Agent in 2015
Polly Parker
LPT Realty, LLC
(954) 304-2444
38 Total Sales
-
David Parker
D
Seller Co-Listing Agent in 2015
David Parker
LPT Realty, LLC
(954) 899-8020
24 Total Sales
-
Albert Pavon
Buyer's Agent in 2015
Albert Pavon
Pavon Realty Group, LLC
(561) 644-2201
301 Total Sales
Map
Source: BeachesMLS
MLS Number: R10737915
APN: 38-43-44-21-15-204-0160
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