NOT LISTED FOR SALE

Estimated Value: $700,000 - $806,000

4 Beds
4 Baths
2,420 Sq Ft
$310/Sq Ft Est. Value

Last Sold June 09, 2023

Last sale price $710,000 $293 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,305/month

33 Days on Market

About This Home

As of June 2023

Quadplex in Lake Worth featuring 4 1 Bed / 1 Bath units built in 1977 with concrete block construction and a pitched composite shingle roof. The building is separately metered for electricity. This Quadplex provides an owner occupant or investor an excellent opportunity to purchase a stable, cash flowing asset with tremendous upside by increasing rents to market in the quickly growing city of Lake Worth.

Last Agent to Sell the Property

Cliff Glansen

FlatFee.com License #707077 Listed on: 04/21/2023

Last Buyer's Agent

Edgar Rhenals

ERA Capital SFL License #3222638

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,768

Year Built

  • Built in 1977

Lot Details

  • 6,750 Sq Ft Lot
  • Lot Dimensions are 50x135

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,420 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 4 Units
  • Lake Worth Town Of Add 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38434427010180120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,768

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: 95 to 6th Ave S. East to US1. South to 8th St S. East to S L St. South to 815 S L St
  • Year Built: 1977
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2420.0

Exterior Features

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, 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 #: 38434427010180120
  • Lot Size: 50X135
  • Lot Size Sq Ft: 6750.0
  • Zoning Description: SF-R(c
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 11768.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2023
Closed on
Jun 9, 2023
Sold by
Zonenshine Assaf Joe
Bought by
Morrison Maria Cristina Di
Seller's Agent
Cliff Glansen
FlatFee.com
Buyer's Agent
Edgar Rhenals
ERA Capital SFL
List Price
$720,000
Sold Price
$710,000
Premium/Discount to List
-$10,000
-1.39%
Views
76
Current Estimated Value
$750,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,086
Avg. Annual Appreciation
2.33%

Purchase Details

Listed on
May 27, 2020
Closed on
Aug 28, 2020
Sold by
Floweva Llc
Bought by
Zonenshine Assaf Joe
Seller's Agent
Susan McClay
Illustrated Properties
Buyer's Agent
Dan DeMott
LPT Realty, LLC
List Price
$485,000
Sold Price
$422,000
Premium/Discount to List
-$63,000
-12.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.58%
Original Mortgage
$316,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2006
Sold by
Perez Eduardo Eliseo and Perez Yolanda
Bought by
Floweva Llc

Purchase Details

Closed on
Mar 17, 2006
Sold by
Perez Eduardo Eliseo and Perez Yolanda
Bought by
Perez Eduardo Eliseo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
1.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 18, 2004
Sold by
Perez Eduardo Eliseo and Perez Yolanda
Bought by
Perez Eduardo Eliseo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 14, 2004
Sold by
Zamcheck Elaine
Bought by
Perez Eduardo E

Purchase Details

Closed on
Nov 8, 2003
Sold by
Gross Hans Werner and Gross Lieselotte
Bought by
Perez Eduardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.75%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 24, 2003
Sold by
Vasquez Edwin A and Gross Vasquez Sabine L
Bought by
Gross Hans W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
5.52%
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
Morrison Maria Cristina Di $710,000 None Listed On Document
Zonenshine Assaf Joe $422,000 Trident Title
Floweva Llc -- None Available
Perez Eduardo Eliseo -- Turnkey Title
Perez Eduardo Eliseo -- --
Perez Eduardo E -- Standard Title Insurance Age
Perez Eduardo $200,000 Standard Title Insurance Age
Gross Hans W -- Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zonenshine Assaf Joe $316,500
Previous Owner Perez Eduardo Eliseo $300,000
Previous Owner Perez Eduardo E $240,000
Previous Owner Perez Eduardo $160,000
Previous Owner Gross Hans W $76,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2023 06/09/23 Sold $710,000 -1.4% $293 / Sq Ft
05/25/2023 05/25/23 Pending -- -- --
04/21/2023 04/21/23 For Sale $720,000 0.0% $298 / Sq Ft
05/01/2021 05/01/21 Rented $1,200 +4.3% --
04/01/2021 04/01/21 Under Contract -- -- --
12/10/2020 12/10/20 For Rent $1,150 0.0% --
08/28/2020 08/28/20 Sold $422,000 -13.0% $174 / Sq Ft
07/29/2020 07/29/20 Pending -- -- --
05/27/2020 05/27/20 For Sale $485,000 -- $200 / 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 $14,620 $570,955 -- --
2023 $11,706 $399,622 $0 $0
2022 $11,768 $363,293 $0 $0
2021 $10,243 $366,170 $132,000 $234,170
2020 $6,507 $297,840 $132,000 $165,840
2019 $6,214 $289,040 $123,200 $165,840
2018 $5,363 $220,216 $89,790 $130,426
2017 $5,075 $200,196 $81,627 $118,569
2016 $4,866 $113,304 $0 $0
2015 $4,551 $103,004 $0 $0
2014 $4,214 $93,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10883456

BeachesMLS

APN: 38-43-44-27-01-018-0120