NOT LISTED FOR SALE

701 S K St Lake Worth, FL 33460

Pineapple Beach Neighborhood

Estimated Value: $593,000 - $638,000

4 Beds
4 Baths
2,348 Sq Ft
$264/Sq Ft Est. Value

Last Sold February 28, 2019

Last sale price $294,700 $126 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $4,480/month

23 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Central Heating and Cooling System
  • Garden View
  • Patio
  • Ceiling Fan

About This Home

As of February 2019

This is a great fully fenced duplex property with an inlaw suite. Electric and plumbing have been updated. Fully rented at this time.Large 2 bedroom 1 bath apts with an onsite laundry room to share. New hot water heaters.

Last Agent to Sell the Property

Madlyn McKendry

Inactive member License #3215197 Listed on: 01/05/2019

Last Buyer's Agent

Ryan Straub

Spotlight Real Estate Group LLC License #3322518

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,799

Year Built

  • Built in 1940

Lot Details

  • Fenced
  • Corner Lot

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,348 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Garden Views

Flooring

  • Wood
  • Ceramic Tile

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 38434421152190090

Community Details

Overview

  • 3 Units
  • Pineapple Neighborhood Subdivision

Building Details

  • Operating Expense $14,355
  • Net Operating Income $18,045

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,799

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: S on Federal Hwy to 8th Ave S W on 8th R on K St
  • Year Built: 1940
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Living Area: 2348.0

Exterior Features

  • Exterior Features: Fence, Patio
  • View: Garden
  • Lot Features: Corner Lot, < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 38434421152190090
  • Zoning Description: Sf-7

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 18045.0
  • Number Of Units Total: 3
  • Annual Operating Expense: 14355.0

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 4799.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2019
Closed on
Feb 28, 2019
Sold by
701 South K Llc
Bought by
Junaid Suhan Bin
Seller's Agent
Madlyn McKendry
Inactive member
Buyer's Agent
Ryan Straub
Spotlight Real Estate Group LLC
List Price
$315,000
Sold Price
$294,700
Premium/Discount to List
-$20,300
-6.44%
Current Estimated Value
$671,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$376,381
Avg. Annual Appreciation
13.01%
Original Mortgage
$221,025
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2018
Sold by
Mennuti Gary and Lutfy Loretta
Bought by
701 South K Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 17, 2013
Sold by
East Coast Realty Llc
Bought by
Mennuti Gary

Purchase Details

Listed on
Nov 8, 2012
Closed on
Mar 27, 2013
Sold by
Deblu Realty Corporation
Bought by
East Coast Realty Llc
Seller's Agent
Nick Jackson
The Global Real Estate Group
Buyer's Agent
Joe Zamora
One Sotheby's International Re
List Price
$93,000
Sold Price
$66,000
Premium/Discount to List
-$27,000
-29.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.20%

Purchase Details

Listed on
Nov 8, 2012
Closed on
Mar 15, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Deblu Realty Corporation
Seller's Agent
Nick Jackson
The Global Real Estate Group
Buyer's Agent
Joe Zamora
One Sotheby's International Re
List Price
$93,000
Sold Price
$66,000
Premium/Discount to List
-$27,000
-29.03%

Purchase Details

Closed on
Nov 9, 2012
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 19, 2012
Sold by
Morales Suvi K and Morales Oscar
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 17, 2004
Sold by
Manner Reijo and Manner Paivi S
Bought by
Morales Suvi K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,500
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 5, 2002
Sold by
Manner Reijo and Manner Paivi S
Bought by
The Manner Family Revocable Living Trust
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
Junaid Suhan Bin $294,700 First American Title Ins Co
701 South K Llc -- Blueline Title Company Llc
Mennuti Gary -- None Available
East Coast Realty Llc -- None Available
Deblu Realty Corporation $66,000 Attorney
Federal Home Loan Mortgage Corporation -- New House Title Llc
Wells Fargo Bank Na $4,100 None Available
Morales Suvi K $174,500 Patch Reef Title Company Inc
The Manner Family Revocable Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Junaid Suhan Bin $231,964
Closed Junaid Suhan Bin $221,025
Previous Owner 701 South K Llc $125,000
Previous Owner Morales Oscar $191,100
Previous Owner Morales Suvi K $154,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2019 02/28/19 Sold $294,700 -6.4% $126 / Sq Ft
01/29/2019 01/29/19 Pending -- -- --
01/05/2019 01/05/19 For Sale $315,000 +377.3% $134 / Sq Ft
03/15/2013 03/15/13 Sold $66,000 -29.0% $28 / Sq Ft
02/13/2013 02/13/13 Pending -- -- --
11/08/2012 11/08/12 For Sale $93,000 -- $40 / 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 $9,675 $362,404 -- --
2023 $8,783 $329,458 $0 $0
2022 $7,840 $299,507 $0 $0
2021 $7,208 $272,279 $66,000 $206,279
2020 $6,732 $250,218 $66,000 $184,218
2019 $6,459 $237,230 $61,600 $175,630
2018 $4,799 $179,820 $44,895 $134,925
2017 $4,462 $165,553 $40,814 $124,739
2016 $4,189 $138,850 $0 $0
2015 $3,858 $126,227 $0 $0
2014 $3,562 $114,752 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Madlyn McKendry

    Inactive member

  • R

    Buyer's Agent in 2019

    Ryan Straub

    Spotlight Real Estate Group LLC

    (561) 597-5887

    69 Total Sales

    Section Image
  • Nick Jackson

    Seller's Agent in 2013

    Nick Jackson

    The Global Real Estate Group

    (561) 248-6090

    30 Total Sales

    Section Image
  • Joe Zamora

    Buyer's Agent in 2013

    Joe Zamora

    One Sotheby's International Re

    (561) 316-8565

    36 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10492648

BeachesMLS

APN: 38-43-44-21-15-219-0090

Florida Palm Beach County Lake Worth 33460 Pineapple Beach

701 S K St, Lake Worth, FL

This home is located at 701 S K St, Lake Worth, FL 33460 since 05 January 2019 and is currently estimated at $620,404, approximately $264 per square foot. This property was built in 1940. 701 S K St is a home located in Palm Beach County with nearby schools including South Grade Elementary School, Lake Worth High School, and Lake Worth Community Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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