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118 1st Way

118 1st Way, West Palm Beach, FL 33407
Sold Mar 01, 2012
$65,000
$58,500 by Everbank.com
Mortgage Due Mar 01, 2042
Sold Sep 23, 2005
$205,000
$164,000 by Americas Wholesale Lender
Mortgage Due Sep 01, 2035
118 1st Way has been categorized by the local assessors in West Palm Beach, FL as a residential type of property. The building on the property was first built in 1983 and is 41 years old. The home has a total of 2 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 118 1st Way has 1,236 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 1,346 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a unknown. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with concrete block control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a prestress concrete style roof made of asphalt and ply sheets in a built-up roof style. The exterior walls of the building are made of a combination of material. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. In terms of heating, it is utilizing a forced air unit and being fueled with electricity. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 118 1st Way was last sold in Feb 24, 2012 for $65,000. According to our calculations, that's $52.59 per sqft. Prior to that sales transaction, the property was sold for $205,000 in Aug 19, 2005. Current property owners are expected to pay $3,789 in taxes per year. The property on 118 1st Way was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $149,508. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Concrete block
  • Building Style: Townhouse
  • Exterior Walls Type: Combination
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Prestress concrete
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,346
  • Total Building Area: 1,236
  • Gross Building Area: 1,236
  • Building Area: 1,236
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,236
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VILLAGE OF SANDALWOOD LAKES PL 1
  • Land Acres: 0.031
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: VILLAGE OF SANDALWOOD LAKES PL 1 LT 5C

Ownership

  • Current Owner : KAPLAN MATTHEW B
  • Current Owner 2: KAPLAN RUTH
  • Previous Owner : ZAMBRANO MARIA
  • Previous Owner 2: ZAMBRANO MAXIMO
  • Owner Before Previous Owner: LACROUX RENEE ANN

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 001904

Zoning

  • Zoning: RPD

Geography

  • Assessors Map Reference: 112
  • Parcel: 74-42-43-01-07-000-0053
  • Lot: 5C
  • Meridian: SEC 01 TWN 43S RNG 42E
  • Municipality: WEST PALM BEACH
  • Latitude: 26.7502
  • Longitude: -80.0925

    Address

  • Full Address: 118 1st Way
  • Address - House Number: 118
  • Address - Street Name: 1st
  • Address - Suffix Type: Way
  • State: FL
  • City Name: West Palm Beach
  • Carrier Code: C023
  • 4-Digit Zip Code: 6602
  • Zip Code: 33407

Valuation

    Tax

  • Total Area: 1,236
  • Tax Year: 2022
  • Tax Amount: $3,789
  • Tax Rate Code Area: 74407

    Appraisal Valuation

  • Standard Deviation: 0.1963
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 73
  • Final Value: 320,214
  • High Value: 383,089
  • Low Value: 257,340

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $58,500
  • First Open Lien Mortgage Lender: EVERBANK.COM
  • First Open Lien Mortgage Recording Date: Mar 01, 2012
  • First Open Lien Mortgage Loan Amount: $58,500
  • 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: Mar 01, 2042

    Market Valuation

  • Market Total Value: $186,109
  • Market Improvement Value: $186,109

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $149,508

    Sales

  • Current Sale Contract Date: Feb 24, 2012
  • Current Sale Recording Date: Mar 01, 2012
  • Current Sale Transaction ID: 1080122108
  • Current Sale Price: $65,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20120081572
  • Previous Sale Recording Date: Sep 23, 2005
  • Previous Sale Contract Date: Aug 19, 2005
  • Previous Sale Amount: $205,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EVERBANK.COM
  • First Mortgage Transaction Date: Mar 01, 2012
  • First Mortgage Loan Amount: $58,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAS WHOLESALE LENDER
  • Previous Mortgage Transaction Date: Sep 23, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $164,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2035

About Villages of Palm Beach Lakes



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Frequently Asked Questions

What neighborhood is 118 1st Way located in?
The 118 1st Way is a located in the neighborhood of Village of Sandalwood Lakes in Villages of Palm Beach Lakes, West Palm Beach.
What is the average sales price for listings in 118 1st Way?
The average sales price for units in 118 1st Way is $0 currently.

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