NOT LISTED FOR SALE

Estimated Value: $857,000 - $890,000

5 Beds
5 Baths
2,471 Sq Ft
$355/Sq Ft Est. Value

Last Sold June 21, 2024

Last sale price $745,000 $301 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,764/month

8 Days on Market

Highlights

  • Garden View
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Corner Lot
  • Ceramic Tile Flooring

About This Home

As of June 2024

Cash cow East of I-95. Fantastic property with complete renovations. All units have separate water, electric & gas meters. New plumbing. Tankless water heaters. Impact windows. This property is completely turnkey. No work is needed and priced to sell fast. If you are looking for a multifamily property you do not want to wait on this, Set up your showing today.

Last Agent to Sell the Property

Cole Leavitt

CPRE Organization Inc License #3238799 Listed on: 04/21/2024

Last Buyer's Agent

Melissa Hobby

Illustrated Properties LLC (Jupiter) License #3055830

Illustrated Properties LLC (Jupiter)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,192

Year Built

  • Built in 1957

Lot Details

  • Corner Lot

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,471 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring
  • Garden Views

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 38434427010170010

Community Details

Overview

  • 4 Units
  • Lake Worth Town Of Add 1 Subdivision

Building Details

  • Operating Expense $17,880
  • Net Operating Income $51,720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,192

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: Dixie Highway to 9th Ave S. Turn heading east. Property is on corner.
  • Year Built: 1957
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2471.0

Exterior Features

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

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas 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 #: 38434427010170010
  • Lot Size: < 1/4 Acre,Corner Lot
  • Zoning Description: SFR - Un

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 51720.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 17880.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 11192.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2024
Closed on
Jun 21, 2024
Sold by
Clockwork Property Holdings Llc
Bought by
Jafar Mohammed Abu
Seller's Agent
Cole Leavitt
CPRE Organization Inc
Buyer's Agent
Melissa Hobby
Illustrated Properties LLC (Jupiter)
List Price
$759,000
Sold Price
$745,000
Premium/Discount to List
-$14,000
-1.84%
Views
23
Current Estimated Value
$876,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,518
Avg. Annual Appreciation
14.93%
Original Mortgage
$596,000
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2015
Sold by
832 S J Street Llc
Bought by
Clockwork Property Holdings Llc

Purchase Details

Closed on
Mar 25, 2013
Sold by
Jensen Justin
Bought by
832 S J Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 2, 2012
Closed on
May 1, 2012
Sold by
Bank Of America National Association
Bought by
Jensen Justin
Seller's Agent
Ann Corbin
Sandals Realty Group, Inc.
Buyer's Agent
Jaime Nelson Francfort
ERA Home Run Real Estate
List Price
$39,900
Sold Price
$50,000
Premium/Discount to List
$10,100
25.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.12%

Purchase Details

Closed on
Jun 2, 2011
Sold by
Wells Fargo Bank Na
Bought by
Bank Of America National Association

Purchase Details

Closed on
Apr 18, 2011
Sold by
Haber Jennifer
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Apr 27, 2006
Sold by
Ellis Lloyd G and Ellis Evadney
Bought by
Haber Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,500
Interest Rate
7.62%
Mortgage Type
Fannie Mae Freddie Mac
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
Jafar Mohammed Abu $600 Old Palm Title
Abu Jafar Mohammed $745,000 Old Palm Title
Clockwork Property Holdings Llc -- Florida Land Title Ins Llc
832 S J Street Llc -- Attorney
Jensen Justin $50,000 Servicelink
Bank Of America National Association -- Servicelink
Wells Fargo Bank Na -- None Available
Haber Jennifer $435,000 Residential Title & Research
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abu Jafar Mohammed $596,000
Previous Owner Clockwork Property Holdings Llc $389,250
Previous Owner 832 S J Street Llc $250,000
Previous Owner Haber Jennifer $35,000
Previous Owner Haber Jennifer $391,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2024 06/21/24 Sold $745,000 -1.8% $301 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
04/21/2024 04/21/24 For Sale $759,000 0.0% $307 / Sq Ft
05/01/2023 05/01/23 Rented $1,250 -5.7% --
04/17/2023 04/17/23 Under Contract -- -- --
03/23/2023 03/23/23 For Rent $1,325 0.0% --
05/25/2012 05/25/12 Sold $50,000 +25.3% $20 / Sq Ft
04/25/2012 04/25/12 Pending -- -- --
04/02/2012 04/02/12 For Sale $39,900 -- $16 / 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 $11,852 $412,330 -- --
2023 $11,192 $374,845 $0 $0
2022 $9,487 $340,768 $0 $0
2021 $9,253 $357,698 $132,000 $225,698
2020 $8,667 $332,803 $132,000 $200,803
2019 $8,235 $327,240 $123,200 $204,040
2018 $7,041 $232,749 $89,790 $142,959
2017 $6,577 $211,590 $81,627 $129,963
2016 $6,473 $209,765 $0 $0
2015 $5,556 $161,532 $0 $0
2014 -- $95,775 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10980392

BeachesMLS

APN: 38-43-44-27-01-017-0010