NOT LISTED FOR SALE

Lake Worth, FL 33460

Tropical Ridge Neighborhood

Estimated Value: $441,028 - $534,000

4 Beds
5 Baths
2,130 Sq Ft
$229/Sq Ft Est. Value

Last Sold May 12, 2014

Last sale price $130,000 $61 Per Sq Ft

Est. 276% increase in value since last sale

Current estimated payment $3,309/month

17 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • No HOA
  • Under Construction
  • 1-Story Property

About This Home

As of May 2014

Two separate buildings 4 unit property in Lake Worth only four blocks north of downtown. Walk to beach, restaurants, shops, Golf course. New Coin operated laundry room on-site. One car garage for additional storage or rental income. Everything has bee n updated. Tenant occupied

Last Agent to Sell the Property

Melanie DelVecchio

MMLS Assoc.-Inactive Member License #3240283 Listed on: 03/16/2014

Last Buyer's Agent

Melanie DelVecchio

MMLS Assoc.-Inactive Member License #3240283 Listed on: 03/16/2014

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1942 | Under Construction

Lot Details

  • 6,752

Parking

  • 8 Parking Spaces

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,130 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • Town Of Lake Worth Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38434421151280050

Home Details

Home Type

Single Family

Year Built

Built in 1942 | Under Construction

Lot Details

6,752 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1942
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: TOWN OF LAKE WORTH
  • Year Built Details: Under Construction
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Carpet, Vinyl, Wood
  • Living Area: 2130
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: Frame
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: Under Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: TOWN OF LAKE WORTH
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 38434421151280050
  • Zoning: RES
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 4353

Multi Family

  • Number Of Units In Community: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2015
Sold by
Kairos Holding Corporation
Bought by
Newson Scott
Current Estimated Value
$488,257

Purchase Details

Listed on
Mar 16, 2014
Closed on
Apr 30, 2014
Sold by
Tif Tmp Llc
Bought by
Kairos Holding Corp
Seller's Agent
Melanie DelVecchio
MMLS Assoc.-Inactive Member
Buyer's Agent
Melanie DelVecchio
MMLS Assoc.-Inactive Member
List Price
$158,236
Sold Price
$130,000
Premium/Discount to List
-$28,236
-17.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.80%

Purchase Details

Closed on
Dec 21, 2012
Sold by
Carboa Llc
Bought by
Tif Tmp Llc

Purchase Details

Closed on
May 16, 2012
Sold by
Allen Gary B
Bought by
Carboa Llc

Purchase Details

Closed on
Mar 6, 2012
Sold by
Bankunited
Bought by
Allen Gary B

Purchase Details

Closed on
Jan 11, 2012
Sold by
Queija Jorge
Bought by
Bankunited

Purchase Details

Closed on
Aug 23, 2006
Sold by
New Lake Properties Llc
Bought by
Quieja Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 13, 2005
Sold by
Queija Jorge I
Bought by
New Lake Properties Llc

Purchase Details

Closed on
Feb 17, 2005
Sold by
Coyle Bramhall Properties Llc
Bought by
Queija Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 8, 2003
Sold by
Kali Clara S
Bought by
Coyle Bramhall Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,800
Interest Rate
6.1%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Newson Scott $190,000 Attorney
Kairos Holding Corp $130,000 Concorde Land Title Svcs Inc
Tif Tmp Llc $155,000 Multiple
Carboa Llc -- Trident Title Llc
Allen Gary B $71,325 Attorney
Bankunited $38,200 None Available
Quieja Jorge -- Boca Title Partners Title &
New Lake Properties Llc -- --
Queija Jorge $305,000 --
Coyle Bramhall Properties Llc $126,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Quieja Jorge $312,000
Previous Owner Queija Jorge $244,000
Previous Owner Coyle Bramhall Properties Llc $100,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2014 05/12/14 Sold $130,000 -17.8% $61 / Sq Ft
03/31/2014 03/31/14 Pending -- -- --
03/14/2014 03/14/14 For Sale $158,236 -- $74 / Sq Ft
Source: MIAMI REALTORS® MLS

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
2025 $9,215 $347,906 -- --
2024 $9,215 $316,278 -- --
2023 $8,569 $287,525 $0 $0
2022 $7,933 $261,386 $0 $0
2021 $7,668 $274,657 $135,200 $139,457
2020 $7,157 $247,599 $119,600 $127,999
2019 $6,771 $236,677 $109,200 $127,477
2018 $6,210 $217,380 $103,292 $114,088
2017 $5,642 $167,384 $73,780 $93,604
2016 $5,220 $147,546 $0 $0
2015 $4,907 $116,735 $0 $0
2014 -- $100,623 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Melanie DelVecchio

    MMLS Assoc.-Inactive Member

See All Agents

Source: MIAMI REALTORS® MLS

MLS Number: A1921906

MIAMI REALTORS® MLS

APN: 38-43-44-21-15-128-0050

Florida Palm Beach County Lake Worth 33460

Tropical Ridge

Not Listed for Sale

Detached

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