NOT LISTED FOR SALE

702 N L St Lake Worth, FL 33460

Mango Groves Neighborhood

Estimated Value: $138,554 - $179,000

1 Bed
1 Bath
441 Sq Ft
$363/Sq Ft Est. Value

Last Sold November 13, 2012

Last sale price $310,000 $703 Per Sq Ft

Est. 48% decrease in value since last sale

Current estimated payment $1,189/month

88 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Corner Lot
  • Patio
  • Garden View
  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring

About This Home

As of November 2012

Please do not disturb tenants. 10 units for sale in 21 unit condo building in east Lake Worth near beaches and downtown. 1 off street assigned spot per unit.

Last Agent to Sell the Property

Bo Allen

Illustrated Properties LLC License #602992 Listed on: 07/17/2012

Illustrated Properties LLC

Co-Listed By

Jon Allen

Illustrated Properties LLC License #3250090

Last Buyer's Agent

Pete Muller

Coastline Realty, Inc. License #663261

Coastline Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $700

Year Built

  • Built in 1971

Lot Details

  • Property fronts an intracoastal waterway
  • Corner Lot
  • Sprinkler System

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 441 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring
  • Garden Views

Outdoor Features

  • Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $66,000
  • Rent includes electricity, cable TV
  • Assessor Parcel Number 38434422040000020

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, sewer, trash, water
  • 4 Units
  • Sibeliana Apts Condo Subdivision

Pet Policy

  • Pet Size Limit

Building Details

  • Operating Expense $18,000
  • Net Operating Income $46,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$700

Year Built

Built in 1971

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Prop. Type: Residential Income
  • Directions: Dixie Hwy to 7th Ave N east to property
  • Year Built: 1971
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 441.0

Exterior Features

  • Exterior Features: Patio
  • View: Garden
  • Lot Features: Corner Lot, Sprinklers Automatic
  • Pool Features: None
  • Waterfront Features: Intracoastal Access
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

  • Association Fee: 125.0
  • HOA Rent Includes: Electricity, Cable TV
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Size Limit

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Sewer, Trash, Water

Lot Info

  • Parcel #: 38434422040000020
  • Zoning Description: Condo

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 46500.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 18000.0
  • Total Actual Rent: 66000.0

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 700.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2018
Sold by
Iskander Adel M
Bought by
Aiska Properties Llc
Current Estimated Value
$159,889

Purchase Details

Closed on
Jan 24, 2013
Sold by
Iskander Adel M and Kaldas Nazek L
Bought by
Iskander & Kaldas Llc

Purchase Details

Listed on
Jul 17, 2012
Closed on
Nov 12, 2012
Sold by
Allen Gary B and Allen Bo
Bought by
Iskander Adel M and Kaldas Nazek L
Seller's Agent
Bo Allen
Illustrated Properties LLC
Buyer's Agent
Pete Muller
Coastline Realty, Inc.
List Price
$359,000
Sold Price
$310,000
Premium/Discount to List
-$49,000
-13.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.03%

Purchase Details

Closed on
Jul 15, 2005
Sold by
702 North L Street Llc
Bought by
Allen Bo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 2002
Sold by
Smith Christopher M and Goldstein Stuart
Bought by
702 North L Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 1999
Sold by
Wootton John and Wootton Priscilla
Bought by
Smith Christophe
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
Aiska Properties Llc -- Attorney
Iskander Adel -- Attorney
Iskander & Kaldas Llc -- Attorney
Iskander Adel M $310,000 Multiple
Allen Bo $92,000 Universal Land Title Inc
702 North L Street Llc $489,000 Harbor Title Lc
Smith Christophe $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Allen Bo $90,000
Previous Owner 702 North L Street Llc $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2012 11/13/12 Sold $310,000 -13.6% $703 / Sq Ft
10/14/2012 10/14/12 Pending -- -- --
07/17/2012 07/17/12 For Sale $359,000 -- $814 / 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 $2,332 $85,357 -- --
2023 $2,106 $77,597 $0 $0
2022 $1,880 $70,543 $0 $0
2021 $1,742 $74,000 $0 $74,000
2020 $1,573 $62,000 $0 $62,000
2019 $1,436 $53,000 $0 $53,000
2018 $947 $40,000 $0 $40,000
2017 $900 $40,000 $0 $0
2016 $813 $25,289 $0 $0
2015 $728 $22,990 $0 $0
2014 $679 $20,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bo Allen

    Seller's Agent in 2012

    Bo Allen

    Illustrated Properties LLC

    (561) 329-9997

    6 in this area

    148 Total Sales

    Bo Allen
    Section Image
  • Jon Allen

    Seller Co-Listing Agent in 2012

    Jon Allen

    Illustrated Properties LLC

    (561) 312-8713

    4 in this area

    80 Total Sales

    Jon Allen
    Section Image
  • Pete Muller

    Buyer's Agent in 2012

    Pete Muller

    Coastline Realty, Inc.

    (561) 254-8925

    1 in this area

    20 Total Sales

    Pete Muller
    Section Image
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Map

Source: BeachesMLS

MLS Number: R3296292

BeachesMLS

APN: 38-43-44-22-04-000-0020

Florida Palm Beach County Lake Worth 33460 Mango Groves

702 N L St, Lake Worth, FL

This home is located at 702 N L St, Lake Worth, FL 33460 since 17 July 2012 and is currently estimated at $159,889, approximately $362 per square foot. This property was built in 1971. 702 N L St is a home located in Palm Beach County with nearby schools including Lake Worth High School, North Grade Elementary 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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