See Home Value
$331,781*
House - Off Market

501 S B Street

Lake Worth, FL 33460
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1050 Sqft
$202,000 - $246,000
Reference Base Price*
47.52%
Since Jun 1, 2019
National-US
Primary Model
Sold Sep 23, 2019
$222,000
Seller
$217,979 by Fidelity Funding Mortgage Corp
Mortgage Due Oct 01, 2049
Sold Dec 16, 2015
$108,000
$68,000 by Mary Demers
Mortgage Due Dec 14, 2016

About This Property

Lovely, large corner-lot three bedroom home on quiet street alongside the new Royal Poinciana Trail open space featuring native landscaping, benches, and walking path.Rental Income opportunities possible with recently approved conversion of garage to provide a 1 bed / 1 bath living space with a separate private entrance.The very spacious shaded and fenced backyard has a western gate accommodation for secure storage of your Boat or RV in addition to two storage/workshop sheds.Just a few blocks to access I-95 ( direct, without any railroad crossing delays)Only 2 miles to beautiful Lake Worth Beach and Fishing Pier.Great restaurants, shopping, and special events in downtown Lake Worth a few minutes from the front door.

The manager has listed the unit size as 1050 square feet.
Unit Size
1,050Ft²
Days on Market
-
Land Size
-
Price per sqft
$214
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1956

Price History

Date / Event Date Event Price
Sep 23, 2019 Sold to Jorge Olivera $222,000
Sold to Jorge Olivera
Apr 1, 2019 Price Decreased $224,900
↓ $5K (2.2%)
Price Decreased
Mar 18, 2019 Price Decreased $229,900
↓ $5K (2.1%)
Price Decreased
Mar 7, 2019 Price Decreased $234,900
↓ $4K (1.7%)
Price Decreased
Feb 18, 2019 Price Decreased $239,000
↓ $6K (2.4%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Flat
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 210
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,800
  • Lot Size Depth Feet: 130
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,288
  • Gross Building Area: 1,288
  • Building Area: 1,050
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,050
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TOWN OF LAKE WORTH
  • Land Acres: 0.156
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN OF LAKE WORTH LT 5 BLK 189

Ownership

  • Current Owner : OLIVERA JORGE
  • Previous Owner : NICE CUMHUR
  • Owner Before Previous Owner: DEMERS MARY
  • Owner Before Previous Owner 2: MARY DEMERS REVOCABLE LIVING T
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 005101

Zoning

  • Zoning: MU-E

Geography

  • Assessors Map Reference: 242
  • Parcel: 38-43-44-21-15-189-0050
  • Block: 189
  • Lot: 5
  • Meridian: SEC 21 TWN 44S RNG 43E
  • Municipality: LAKE WORTH
  • Latitude: 26.6099
  • Longitude: -80.0646

    Address

  • Full Address: 501 S B St
  • Address - House Number: 501
  • Street Direction: S
  • Address - Street Name: B
  • Address - Suffix Type: St
  • State: FL
  • City Name: Lake Worth Beach
  • Carrier Code: C002
  • 4-Digit Zip Code: 4339
  • Zip Code: 33460

Valuation

    Tax

  • Total Area: 1,133
  • Tax Year: 2022
  • Tax Amount: $5,175
  • Tax Rate Code Area: 38453

    Appraisal Valuation

  • Standard Deviation: 0.2244
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 69
  • Final Value: 393,016
  • High Value: 481,213
  • Low Value: 304,820

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $217,979
  • First Open Lien Mortgage Lender: FIDELITY FUNDING MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Sep 23, 2019
  • First Open Lien Mortgage Loan Amount: $217,979
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2049

    Market Valuation

  • Market Total Value: $248,669
  • Market Land Value: $114,000
  • Market Improvement Value: $134,669

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $248,669

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 18, 2019
  • Current Sale Recording Date: Sep 23, 2019
  • Current Sale Transaction ID: 11657192570
  • Current Sale Price: $222,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20190349624
  • Previous Sale Recording Date: Dec 16, 2015
  • Previous Sale Contract Date: Dec 11, 2015
  • Previous Sale Amount: $108,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIDELITY FUNDING MORTGAGE CORP
  • First Mortgage Transaction Date: Sep 23, 2019
  • First Mortgage Loan Amount: $217,979
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: MARY DEMERS
  • Previous Mortgage Transaction Date: Dec 16, 2015
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $68,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Seller take-back
  • Previous Mortgage Loan Due Date: Dec 14, 2016



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
2 Baths
1,122 ft²
$201/ft²
$225,000 Apr 9, 2019
-
-
House
2 Beds
1 Bath
1,000 ft²
$220/ft²
$219,999 Jan 21, 2019
-
-
Condo
2 Beds
2 Baths
1,105 ft²
$216/ft²
$239,000 Oct 6, 2018
-
-
Condo
2 Beds
2 Baths
860 ft²
$256/ft²
$219,900 Feb 5, 2023
-
$784/mo
Condo
2 Beds
2 Baths
894 ft²
$207/ft²
$184,900 Mar 27, 2023
-
$573/mo
Condo
2 Beds
2 Baths
824 ft²
$229/ft²
$189,000 Jan 10, 2023
-
$624/mo
Condo
3 Beds
4 Baths
1,880 ft²
$138/ft²
$259,900 Dec 28, 2018
-
-
Condo
3 Beds
4 Baths
2,000 ft²
$134/ft²
$268,000 Nov 17, 2018
-
-
Condo
1 Bed
1.5 Baths
770 ft²
$271/ft²
$209,000 Apr 13, 2023
-
$811/mo
Condo
1 Bed
1 Bath
660 ft²
$295/ft²
$195,000 Feb 23, 2023
-
$546/mo
Condo
1 Bed
1 Bath
511 ft²
$352/ft²
$180,000 Jun 18, 2022
-
$135/mo
Land
Loft
-
-
$245,000 Dec 15, 2022
-
-

About Hope


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Frequently Asked Questions

When was property at 501 South B Street built and last sold?
The property at 501 South B Street was built in 1956 and last sold on Sep 18, 2019 for $222,000.
How much is this home worth?
The estimated value of the home located at 501 South B Street is $227,277.
What are some comparable homes to 501 South B Street?
There are currently no comparable homes to 501 South B Street.

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