NOT LISTED FOR SALE

Estimated Value: $669,000 - $760,000

4 Beds
4 Baths
2,000 Sq Ft
$361/Sq Ft Est. Value

Last Sold April 13, 2016

Last sale price $225,000 $112 Per Sq Ft

Est. 227% increase in value since last sale

Current estimated payment $4,995/month

117 Days on Market

Highlights

  • Porch
  • Open Patio
  • 2 Car Garage
  • Cooling System Mounted To A Wall/Window
  • Shed

About This Home

As of April 2016

Excellent Opportunity to own a solidly built, income producing property with stable long-term tenants. In addition to the 4 units all with separate electric AND water meters, you'll have a large storage/garage space - perfect to support the maintenance of additional income properties, or to rent for greater income. Well maintained, but could use some updates. Central air conditioning in one unit needs to be replaced, but window units are in place.

Last Agent to Sell the Property

Katherine Curtis

NextHome Real Estate Executives License #3279717 Listed on: 11/17/2015

NextHome Real Estate Executives

Last Buyer's Agent

Marco Capoccia

Regency Realty Services License #3287149

Regency Realty Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,269

Year Built

  • Built in 1960

Lot Details

  • 6,770 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property

Outdoor Features

  • Open Patio
  • Shed
  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air

Listing and Financial Details

  • Total Actual Rent $26,400
  • Rent includes electricity, sewer, cable TV, water
  • Assessor Parcel Number 38434421152480090

Community Details

Overview

  • 4 Units
  • Lake Worth Town Of Subdivision

Building Details

  • Operating Expense $7,764
  • Net Operating Income $18,636

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,269

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Directions: From I-95, exit at 10th Ave N and go east. Turn right on N H Street. Property will be on your right.
  • Year Built: 1960
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Other
  • Living Area: 2000.0

Exterior Features

  • Exterior Features: Porch, Shed
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Open, Porch
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes

Utilities

  • Cooling: Central Air, Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Sewer, Cable TV, Water
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 38434421152480090
  • Lot Size Sq Ft: 6770.0
  • Zoning Description: Mixed Us
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 18636.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 7764.0
  • Total Actual Rent: 26400.0

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 4269.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2024
Sold by
Zonenshine Assaf J
Bought by
Bogard Benjamin and Weber Virna
Current Estimated Value
$735,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$695,400
Outstanding Balance
$690,645
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$41,633

Purchase Details

Closed on
Feb 20, 2020
Sold by
Pardini Massimo
Bought by
Zonenshine Assaf J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,750
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 17, 2015
Closed on
Apr 1, 2016
Bought by
Pardini Massimo
Seller's Agent
Katherine Curtis
NextHome Real Estate Executives
Buyer's Agent
Marco Capoccia
Regency Realty Services
List Price
$250,000
Sold Price
$225,000
Premium/Discount to List
-$25,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.51%
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
Bogard Benjamin $732,000 None Listed On Document
Zonenshine Assaf J $366,000 First International Ttl Inc
Pardini Massimo $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bogard Benjamin $695,400
Previous Owner Zonenshine Assaf J $280,000
Previous Owner Zonenshine Assaf J $270,750
Previous Owner Pardini Massimo $610,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2016 04/13/16 Sold $225,000 -10.0% $113 / Sq Ft
03/14/2016 03/14/16 Pending -- -- --
11/17/2015 11/17/15 For Sale $250,000 -- $125 / 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 $11,209 $410,273 -- --
2023 $10,540 $372,975 $0 $0
2022 $9,482 $339,068 $0 $0
2021 $9,120 $314,086 $135,200 $178,886
2020 $7,824 $272,185 $119,600 $152,585
2019 $7,407 $263,351 $109,200 $154,151
2018 $6,779 $243,122 $103,292 $139,830
2017 $6,135 $188,260 $73,780 $114,480
2016 $4,567 $103,593 $0 $0
2015 $4,264 $94,175 $0 $0
2014 $4,269 $85,614 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10185259

BeachesMLS

APN: 38-43-44-21-15-248-0090