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115 North Palmway

115 North Palmway, Lake Worth, FL 33460
Property in Parrot Cove
Sold Mar 09, 2023
$450,000
$405,000 by United Wholesale Mortgage Llc
Mortgage Due Apr 01, 2053
Sold Aug 01, 2016
Transfer
Local assessors in Lake Worth, FL have categorized 115 North Palmway as a residential type of property. The home was built in 1925 and is 99 years old. It was most recently renovated and altered in 1960. The property's lot size has been calculated to be 6,752 square feet. The linear feet between the front and back of the lot was measured at 130 ft and the front of the lot was measured at 500 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 115 North Palmway has a total of 1,521 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 306 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a flat style roof that was made of composition shingle. Lots of stucco were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. Residents rely on a packaged air conditioning unit for their cooling system. The home's no heating system is the primary heating source and it is being fueled with nothing. The property was last sold in Mar 3, 2023 for $450,000. That's $244.30 per sqft. 115 North Palmway was last assessed in 2022. The total value of the property was assessed at $234,835. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $6,645. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Plaster
  • Roof Shape Type: Flat
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 306
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,752
  • Lot Size Depth Feet: 130
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,842
  • Gross Building Area: 1,842
  • Building Area: 1,521
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: None
  • Heated Square Feet: 1,521
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TOWN OF LAKE WORTH
  • Land Acres: 0.155
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN OF LAKE WORTH LT 13 BLK 28

Ownership

  • Current Owner : ORLANDO SAEZ REVOCABLE TRUST
  • Previous Owner : SWAN ALEXANDRA
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 005300

Zoning

  • Zoning: MF-20

Geography

  • Assessors Map Reference: 242
  • Parcel: 38-43-44-21-15-028-0130
  • Block: 28
  • Lot: 13
  • Meridian: SEC 21 TWN 44S RNG 43E
  • Municipality: LAKE WORTH
  • Latitude: 26.617
  • Longitude: -80.0516

    Address

  • Full Address: 115 N Ocean Breeze
  • Address - House Number: 115
  • Street Direction: N
  • Address - Street Name: Ocean Breeze
  • State: FL
  • City Name: Lake Worth Beach
  • Carrier Code: C017
  • 4-Digit Zip Code: 3428
  • Zip Code: 33460

Valuation

    Tax

  • Total Area: 1,668
  • Tax Year: 2022
  • Tax Amount: $6,645
  • Tax Rate Code Area: 38453

    Appraisal Valuation

  • Standard Deviation: 0.2176
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 70
  • Final Value: 564,564
  • High Value: 687,440
  • Low Value: 441,689

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $405,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Mar 09, 2023
  • First Open Lien Mortgage Loan Amount: $405,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2053

    Market Valuation

  • Market Total Value: $359,501
  • Market Land Value: $242,500
  • Market Improvement Value: $117,001

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $234,835

    Sales

  • Current Sale Contract Date: Mar 03, 2023
  • Current Sale Recording Date: Mar 09, 2023
  • Current Sale Transaction ID: 11903703189
  • Current Sale Price: $450,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 78083
  • Previous Sale Recording Date: Aug 01, 2016
  • Previous Sale Contract Date: Aug 01, 2016
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: Mar 09, 2023
  • First Mortgage Loan Amount: $405,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2053

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Frequently Asked Questions

What neighborhood is 115 North Palmway located in?
The 115 North Palmway is a located in the neighborhood of Parrot Cove in Parrot Cove, Lake Worth.
What is the average sales price for listings in 115 North Palmway?
The average sales price for units in 115 North Palmway is $0 currently.

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