NOT LISTED FOR SALE

Estimated Value: $773,000 - $878,000

8 Beds
4 Baths
3,267 Sq Ft
$258/Sq Ft Est. Value

Last Sold November 17, 2015

Last sale price $185,000 $57 Per Sq Ft

Est. 379% increase in value since last sale

Current estimated payment $6,168/month

9 Days on Market

Highlights

  • Jalousie or louvered window
  • Terrazzo Flooring
  • Central Heating and Cooling System

About This Home

As of November 2015

BANK OWNED PROPERTY SOLD IN AS IS CONDITION. CASH OFFERS ONLY DUE TO CONDITION. GREAT RENTAL POTENTIAL AFTER FIX UP. NEEDS A ROOF AND FULL INTERIOR REHAB. ONLY FOR A SEASONED INVESTOR. CALL TODAY FOR A PRIVATE SHOWING

Last Agent to Sell the Property

Gina Mattila

Mega Real Estate Services License #392854 Listed on: 10/08/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,897

Year Built

  • Built in 1969

Lot Details

  • 6,751

Home Design

  • Tar and Gravel Roof

Interior Spaces

  • 3,267 Sq Ft Home
  • 1-Story Property
  • Jalousie or louvered window

Flooring

  • Terrazzo
  • Ceramic Tile

Additional Features

  • 6,751 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 4 Units
  • Lake Worth Town Of Subdivision

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number 38434421152510020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,897

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: East of I-95 on 6th Ave South, Right on South H Street, building on right
  • Year Built: 1969
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Terrazzo
  • Living Area: 3267.0
  • Window Features: Jalousie

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Tar/Gravel

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Sewer, Water
  • Senior Community: No

Lot Info

  • Parcel #: 38434421152510020
  • Lot Size Sq Ft: 6751.0
  • Zoning Description: MF30
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Sewer, Water

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3897.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2016
Bought by
Sejour Ilphode
Total Days on Market
9
Current Estimated Value
$886,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,729
Outstanding Balance
$233,232
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$619,768

Purchase Details

Listed on
Oct 8, 2015
Closed on
Oct 29, 2015
Sold by
The Bank Of New York Mellon
Bought by
Cik Investments Llc
Seller's Agent
Gina Mattila
Mega Real Estate Services
List Price
$192,400
Sold Price
$185,000
Premium/Discount to List
-$7,400
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.97%
Original Mortgage
$129,500
Interest Rate
3.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2014
Sold by
Tehee Thomas M
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Nov 13, 2006
Sold by
Melo Jose
Bought by
Tehee Thomas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2005
Sold by
Bally Rupnarine and Bally Diane
Bought by
Melo Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,800
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 12, 2000
Sold by
Turner George G
Bought by
Bally Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 1999
Sold by
Williams Nancy J
Bought by
Turner George G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,320
Interest Rate
7.76%
Mortgage Type
Commercial
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
Sejour Ilphode $291,000 --
Cik Investments Llc $185,000 Attorney
The Bank Of New York Mellon $170,200 None Available
Tehee Thomas M $445,000 Sunbelt Title Agency
Melo Jose $316,000 --
Bally Diane $160,000 --
Turner George G $140,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sejour Ilphode $53,718
Open Sejour Ilphode $285,729
Previous Owner Cik Investments Llc $129,500
Previous Owner Tehee Thomas M $400,000
Previous Owner Melo Jose $252,800
Previous Owner Bally Rupnarine S $155,250
Previous Owner Turner George G $144,000
Previous Owner Turner George G $112,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2015 11/17/15 Sold $185,000 -3.8% $57 / Sq Ft
10/18/2015 10/18/15 Pending -- -- --
10/08/2015 10/08/15 For Sale $192,400 -- $59 / 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 $15,768 $485,068 -- --
2023 $14,803 $447,087 $0 $0
2022 $13,769 $412,381 $0 $0
2021 $13,475 $395,929 $0 $0
2020 $12,959 $357,372 $138,000 $219,372
2019 $12,067 $311,372 $92,000 $219,372
2018 $11,292 $282,162 $91,728 $190,434
2017 $6,837 $222,835 $65,520 $157,315
2016 $6,611 $215,791 $0 $0
2015 $4,761 $131,459 $0 $0
2014 $3,897 $88,477 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10174307

BeachesMLS

APN: 38-43-44-21-15-251-0020