NOT LISTED FOR SALE

Estimated Value: $604,000 - $656,000

3 Beds
3 Baths
2,280 Sq Ft
$280/Sq Ft Est. Value

Last Sold March 10, 2022

Last sale price $525,000 $230 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,460/month

83 Days on Market

Highlights

  • Garden View
  • Open Patio
  • Central Heating and Cooling System
  • Porch
  • Ceramic Tile Flooring
  • Fenced

About This Home

As of March 2022

Bring your investors to see this amazing opportunity, 50' x 135' lot with 3-unit income. CBS construction, Unit 1 & 3 is a 2/1, Unit 2 is a 1/1, paved 6 space parking. Tenant occupied with leases, washer / dryer, a/c & hot water in each unit, 3 meters, 1 water meter, roof 5 years. Call Listing Agent for 24hr notice to show.

Last Agent to Sell the Property

Rennay Smith

Southdale Properties Inc. License #3174591 Listed on: 11/16/2021

Last Buyer's Agent

Mohammed Ismail

Illustrated Properties License #3250368

Illustrated Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,485

Year Built

  • Built in 1976

Lot Details

  • 6,753 Sq Ft Lot
  • Fenced

Home Design

  • Triplex
  • Flat Roof Shape
  • Tile Roof
  • Tar and Gravel Roof

Interior Spaces

  • 2,280 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring
  • Garden Views

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 38434421152370100

Community Details

Overview

  • 3 Units
  • Lake Worth Town Of Subdivision

Building Details

  • Operating Expense $13,900
  • Net Operating Income $26,180

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,485

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: East of I95, South of 6th Ave S
  • Year Built: 1976
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2280.0

Exterior Features

  • Exterior Features: Fence, Porch
  • View: Garden
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Patio And Porch Features: Open, Porch
  • Property Condition: Resale
  • Roof: Flat, Tar/Gravel, Tile

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • 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 #: 38434421152370100
  • Lot Size Sq Ft: 6753.0
  • Zoning Description: SF-R(c
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 26180.0
  • Number Of Units Total: 3
  • Annual Operating Expense: 13900.0

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5485.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2023
Sold by
Haque Mohammed N and Haque Mohammad N
Bought by
Mohammed N Haque Revocable Trust and Sumona A Zenia Revocable Trust
Current Estimated Value
$637,606

Purchase Details

Listed on
Nov 16, 2021
Closed on
Mar 10, 2022
Sold by
Crawley Masson Trust
Bought by
Haque Mohammed N and Haque Zenia Sumona
Seller's Agent
Rennay Smith
Southdale Properties Inc.
Buyer's Agent
Mohammed Ismail
Illustrated Properties
List Price
$535,800
Sold Price
$525,000
Premium/Discount to List
-$10,800
-2.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.82%
Original Mortgage
$393,750
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2020
Sold by
Crawley Lisa
Bought by
Crawley Lisa M and Crawley Masson Trust

Purchase Details

Closed on
Jul 16, 2004
Sold by
Masson Louis J
Bought by
Masson Louis J and The Louis J Masson Revocable Trust

Purchase Details

Closed on
Sep 9, 1998
Sold by
Swensen Severin K and Swensen Elaine
Bought by
Masson Louis J

Purchase Details

Closed on
Jun 25, 1993
Sold by
Comerica Bk & Tr
Bought by
Swensen Severin K and Swensen Elaine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
7.52%
Mortgage Type
Purchase Money Mortgage
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
Mohammed N Haque Revocable Trust -- None Listed On Document
Haque Mohammed N $525,000 None Listed On Document
Crawley Lisa M -- Attorney
Masson Louis J -- --
Masson Louis J $80,000 --
Swensen Severin K $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Haque Mohammed N $393,750
Previous Owner Masson Louis J $58,800
Previous Owner Swensen Severin K $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2022 03/10/22 Sold $525,000 -2.0% $230 / Sq Ft
02/08/2022 02/08/22 Pending -- -- --
11/16/2021 11/16/21 For Sale $535,800 -- $235 / 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 $11,912 $471,015 -- --
2023 $11,459 $455,225 $115,092 $340,133
2022 $5,870 $142,893 $0 $0
2021 $5,485 $302,746 $103,500 $199,246
2020 $5,086 $267,652 $103,500 $164,152
2019 $4,701 $235,717 $69,000 $166,717
2018 $4,183 $202,923 $68,796 $134,127
2017 $3,795 $159,940 $49,140 $110,800
2016 $3,649 $80,659 $0 $0
2015 $3,163 $73,326 $0 $0
2014 $2,920 $66,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10759186

BeachesMLS

APN: 38-43-44-21-15-237-0100