NOT LISTED FOR SALE

725 N Federal Hwy Unit A-B Lake Worth, FL 33460

Mango Groves Neighborhood

Estimated Value: $397,016 - $452,000

4 Beds
2 Baths
1,370 Sq Ft
$316/Sq Ft Est. Value

Last Sold November 15, 2021

Last sale price $299,000 $218 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,095/month

32 Days on Market

Highlights

  • Water Views
  • Cooling System Mounted To A Wall/Window
  • Vinyl Flooring
  • Impact Glass
  • Ceiling Fan
  • Heating Available

About This Home

As of November 2021

2/1 UNIT A AND 1/1 UNIT B

Last Agent to Sell the Property

Daniel Biggs

Illustrated Properties LLC (We License #381029 Listed on: 09/13/2021

Illustrated Properties LLC (We

Last Buyer's Agent

Ivana Gori

Coastline Realty, Inc. License #3287741

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,909

Year Built

  • Built in 1938

Lot Details

  • 6,752 Sq Ft Lot
  • Sprinkler System

Home Design

  • Duplex
  • Fixer Upper
  • Flat Roof Shape

Interior Spaces

  • 1,370 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Single Hung Metal Windows
  • Vinyl Flooring
  • Water Views
  • Impact Glass

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • The lake is a source of water for the property

Listing and Financial Details

  • Assessor Parcel Number 38434421152220100

Community Details

Overview

  • Association fees include water
  • 2 Units
  • Lake Worth Town Of Subdivision

Building Details

  • Operating Expense $8,000
  • Net Operating Income $22,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,909

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: FEDERAL HWY NORTH OF 7TH
  • Year Built: 1938
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Vinyl
  • Living Area: 1370.0
  • Window Features: Impact Glass, Metal, Single Hung

Exterior Features

  • View: Other, Water
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Property Condition: Resale, Fixer
  • Roof: Flat

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Ceiling Fan(s), Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Lake, Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Water

Lot Info

  • Parcel #: 38434421152220100
  • Lot Size Sq Ft: 6752.0
  • Zoning Description: MU-FH(
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Common Area Maintenance, Exterior Electric, Sewer

Multi Family

  • Property Net Operating Income: 22000.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 8000.0

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3909.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2022
Sold by
Regan Emma E
Bought by
Brogues Properties Llc
Current Estimated Value
$459,662

Purchase Details

Listed on
Sep 13, 2021
Closed on
Nov 15, 2021
Sold by
Danaei Mandal
Bought by
Regan Emily Elizabeth
Seller's Agent
Daniel Biggs
Illustrated Properties LLC (We
Buyer's Agent
Ivana Gori
Coastline Realty, Inc.
List Price
$299,000
Sold Price
$299,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.97%

Purchase Details

Closed on
Dec 20, 2006
Sold by
Mills Donald W
Bought by
Danaei Mandal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
7.22%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 18, 1998
Sold by
Watt William and Capadieci Joseph Capadieci
Bought by
Mills Donald W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,019
Interest Rate
6.89%
Mortgage Type
FHA
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
Brogues Properties Llc -- None Listed On Document
Regan Emily Elizabeth $299,000 Attorney
Danaei Mandal $155,000 Universal Land Title Inc
Mills Donald W $42,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Danaei Mandal $124,000
Previous Owner Mills Donald W $93,500
Previous Owner Mills Donald W $44,019
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2021 11/15/21 Sold $299,000 0.0% $218 / Sq Ft
10/16/2021 10/16/21 Pending -- -- --
09/13/2021 09/13/21 For Sale $299,000 -- $218 / 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 $6,931 $262,281 -- --
2023 $6,191 $238,437 $141,833 $96,604
2022 $4,328 $153,540 $0 $0
2021 $3,999 $135,108 $64,347 $70,761
2020 $3,909 $130,387 $64,347 $66,040
2019 $3,879 $128,691 $61,308 $67,383
2018 $3,548 $117,581 $59,553 $58,028
2017 $3,522 $115,878 $56,717 $59,161
2016 $3,452 $114,310 $0 $0
2015 $3,390 $108,692 $0 $0
2014 $3,316 $104,397 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Daniel Biggs

    Illustrated Properties LLC (We

    (561) 389-3521

    1 in this area

    23 Total Sales

    Section Image

  • I

    Buyer's Agent in 2021

    Ivana Gori

    Coastline Realty, Inc.

    (561) 229-5787

    3 in this area

    7 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10745137

BeachesMLS

APN: 38-43-44-21-15-222-0100

Florida Palm Beach County Lake Worth 33460 Mango Groves

725 N Federal Hwy Unit A-B, Lake Worth, FL

This home is located at 725 N Federal Hwy Unit A-B, Lake Worth, FL 33460 since 13 September 2021 and is currently estimated at $433,004, approximately $316 per square foot. This property was built in 1938. 725 N Federal Hwy Unit A-B 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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