$710,000
SOLD OCT 6, 2022
-- Bed
-- Bath
1,958 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$363 Per Sq Ft

6% Below List Price

61 Days on Market

About This Home

As of October 2024

INCREDIBLE INVESTMENT PROPERTY. You won’t want to miss seeing. Proven income above market rents. This 3-unit property comes fully furnished and ready to continue as a vacation rental. Best location with low operating costs and high returns. Quaint and cute with newer updates throughout. Has ample parking and storage area on premises. Has the potential to add an addition small house in what was a garage on property also. This property is within walking distance of historical downtown Lake Worth, Intercoastal and many shops and restaurants.

Last Agent to Sell the Property

Lisa Roddy

Pellego, LLC License #3534875 Listed on: 06/13/2022

Co-Listed By

Violet Rose

Pellego, LLC License #3302534

Last Buyer's Agent

Ivana Hristodorov

Premier Brokers International License #3315760

Premier Brokers International

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,714

Year Built

  • Built in 1926

Parking

  • 6 Parking Spaces

Home Design

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

Interior Spaces

  • 1,958 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Utilities

  • Central Heating and Cooling System

Community Details

  • 3 Units
  • Lake Worth Town Of Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38434427010110060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,714

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: from I95, east on 6th Avenue, right on S N Street, house on right
  • Year Built: 1926
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Laminate, Tile, Vinyl, Wood
  • Living Area: 1958.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Aluminum Siding, Frame
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Not Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: None
  • Community Features: Non-Gated

Lot Info

  • Parcel #: 38434427010110060
  • Zoning Description: SFR

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6714.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2024
Closed on
Oct 15, 2024
Sold by
Hugo Eric G
Bought by
Frappier Ami Una
Seller's Agent
Thomas Herremans
KW Reserve Palm Beach
Buyer's Agent
Thomas Herremans
KW Reserve Palm Beach
List Price
$745,000
Sold Price
$690,000
Premium/Discount to List
-$55,000
-7.38%
Views
16
Current Estimated Value
$696,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,432
Avg. Annual Appreciation
-0.90%
Original Mortgage
$532,000
Outstanding Balance
$528,902
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$155,389

Purchase Details

Listed on
Jun 13, 2022
Closed on
Sep 17, 2022
Sold by
Roddy John and Roddy Blanca
Bought by
Hugo Eric G
Seller's Agent
Lisa Roddy
Pellego, LLC
Buyer's Agent
Ivana Hristodorov
Premier Brokers International
List Price
$759,000
Sold Price
$710,000
Premium/Discount to List
-$49,000
-6.46%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.40%
Original Mortgage
$532,500
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2018
Sold by
711 South N Llc
Bought by
Roddy John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,928
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 26, 2016
Sold by
Suga Ddvelopment Llc
Bought by
711 South N Llc

Purchase Details

Closed on
Apr 22, 2015
Sold by
Lee Barry L
Bought by
Suga Development Llc

Purchase Details

Closed on
Jun 17, 2006
Sold by
Lee Debra A and Lee Barry L
Bought by
Lee Barry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
6.55%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 18, 2002
Sold by
Gebert Donald A
Bought by
Lee Barry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
7.08%
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 Type Sale Price Title Company
Warranty Deed $665,000 Pegasus Title Services
Warranty Deed $710,000 Supreme Title
Warranty Deed $280,000 Premier Title Co Ltd
Warranty Deed $104 Attorney
Trustee Deed $91,500 None Available
Quit Claim Deed $30,382 Quality Title Agency Inc
Warranty Deed $70,000 Terramar Guaranty Title & Tr
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $532,000 New Conventional
Closed $18,000 Construction
Previous Owner $532,500 New Conventional
Previous Owner $18,480 FHA
Previous Owner $274,928 FHA
Previous Owner $157,000 Unknown
Previous Owner $66,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2024 10/15/24 Sold $690,000 0.0% $352 / Sq Ft
10/15/2024 10/15/24 Sold $690,000 -7.4% $352 / Sq Ft
06/27/2024 06/27/24 For Sale $745,000 0.0% $380 / Sq Ft
06/27/2024 06/27/24 For Sale $745,000 +4.9% $380 / Sq Ft
10/06/2022 10/06/22 Sold $710,000 -6.5% $363 / Sq Ft
08/13/2022 08/13/22 Pending -- -- --
06/13/2022 06/13/22 For Sale $759,000 -- $388 / 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
2024 $7,770 $349,105 -- --
2023 $9,641 $436,094 $0 $0
2022 $7,334 $276,309 $0 $0
2021 $6,714 $251,190 $66,000 $185,190
2020 $5,255 $230,084 $66,000 $164,084
2019 $6,184 $225,684 $61,600 $164,084
2018 $4,289 $169,994 $44,895 $125,099
2017 $3,783 $127,147 $40,814 $86,333
2016 $3,736 $126,689 $0 $0
2015 $1,490 $58,840 $0 $0
2014 $1,499 $58,373 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10335088

BeachesMLS (Greater Fort Lauderdale)

APN: 38-43-44-27-01-011-0060