3961 Allison Ct Lake Worth, FL 33461
Lake Worth Corridor NeighborhoodHighlights
- 40,511 Sq Ft lot
- Cooling System Mounted To A Wall/Window
- No Heating
- Garden View
- Tile Flooring
About This Home
As of October 2024Exceptional investment opportunity with the potential for further development . Rarely does an income property offer such a generous expanse of land. Nested on 1.19 acre lot, zoned multi-family medium density, conveniently located within close proximity to commuter routes, these 4 units in need of renovations, offer a potential for steady flow of income. The possibilities for renovations, expansion, landscaping or additional amenities to increase value.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,792
Year Built
- Built in 1958
Lot Details
- 0.93 Acre Lot
Home Design
- Shingle Roof
- Composition Roof
Interior Spaces
- 3,051 Sq Ft Home
- 1-Story Property
- Tile Flooring
- Garden Views
Schools
- Palm Springs Elementary School
Utilities
- Cooling System Mounted To A Wall/Window
- No Heating
- Well
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 00434430010480042
- Seller Considering Concessions
Community Details
Overview
- 4 Units
- Palm Beach Farms Co 7 Subdivision
Building Details
- Operating Expense $12,000
- Net Operating Income $22,000
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/18/2024 10/18/24 | Sold | $575,000 | -20.0% | $188 / Sq Ft |
| 09/19/2024 09/19/24 | Pending | -- | -- | -- |
| 08/02/2024 08/02/24 | Price Changed | $719,000 | -4.0% | $236 / Sq Ft |
| 06/22/2024 06/22/24 | Price Changed | $749,000 | -6.3% | $245 / Sq Ft |
| 05/24/2024 05/24/24 | For Sale | $799,000 | 0.0% | $262 / Sq Ft |
| 05/13/2024 05/13/24 | Price Changed | $799,000 | -- | $262 / Sq Ft |
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 | $9,457 | $361,342 | -- | -- |
| 2023 | $8,792 | $328,493 | $296,661 | $267,333 |
| 2022 | $8,276 | $298,630 | $0 | $0 |
| 2021 | $7,433 | $420,404 | $220,519 | $199,885 |
| 2020 | $6,980 | $391,429 | $200,000 | $191,429 |
| 2019 | $6,914 | $400,877 | $200,000 | $200,877 |
| 2018 | $5,811 | $360,864 | $192,780 | $168,084 |
| 2017 | $4,961 | $266,362 | $96,390 | $169,972 |
| 2016 | $4,456 | $168,568 | $0 | $0 |
| 2015 | $4,326 | $153,244 | $0 | $0 |
| 2014 | $3,953 | $139,313 | $0 | $0 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $560,000 | New Conventional | |
| Previous Owner | $240,000 | Purchase Money Mortgage | |
| Previous Owner | $150,000 | Unknown |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $575,000 | Florida Land Title | |
| Special Warranty Deed | $56,000 | Servicelink | |
| Trustee Deed | $21,700 | None Available | |
| Deed | $300,000 | Sunbelt Title Agency | |
| Warranty Deed | $175,000 | Universal Land Title Inc |
Source: BeachesMLS
MLS Number: R10985836
APN: 00-43-44-30-01-048-0042
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