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118 Lake Arbor Drive

118 Lake Arbor Drive, Lake Worth, FL 33461
Sold Aug 24, 2022
$297,000
$285,154 by United Wholesale Mortgage Llc
Mortgage Due Sep 01, 2052
Sold Mar 09, 2021
$169,900
$135,920 by Equity Prime Mortgage Llc
Mortgage Due Mar 01, 2051
118 Lake Arbor Drive in Lake Worth, FL was first built in 1978 and is 46 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. It is a single story home. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 118 Lake Arbor Drive has 1,232 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 1,124 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 118 Lake Arbor Drive sold most recently in Aug 16, 2022 for a total of $297,000. If you work out the math, that's approximately a cost of $241.07 per sqft. Before that, the property was also sold for $169,900 in Feb 19, 2021. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,047 in taxes each year. 118 Lake Arbor Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $185,964. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Block Exterior

Parking

Assigned Parking
Guest Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Townhouse
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,124
  • Total Building Area: 1,232
  • Gross Building Area: 1,232
  • Building Area: 1,232
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,232
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKEWOOD FIRST ADDITION OF PALM SPRINGS
  • Land Acres: 0.026
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LAKEWOOD FIRST ADDITION OF PALM SPRINGS TH PT OF TR B IN OR2723P1060 BEING UNIT 118 OF LAKEWOOD TOWNHOUSE PROJECT

Ownership

  • Current Owner : TORRES JULIANA
  • Previous Owner : SEBASTIAN RAMIREZ
  • Owner Before Previous Owner: VAZQUEZ KARLA N
  • Owner Before Previous Owner 2: VAZQUEZ NYDIA M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried woman

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 004203

Zoning

  • Zoning: RM

Geography

  • Assessors Map Reference: 228
  • Subdivision Tract Number: B
  • Parcel: 70-43-44-17-55-002-1180
  • Block: 2
  • Meridian: SEC 17 TWN 44S RNG 43E
  • Municipality: PALM SPRINGS
  • Latitude: 26.6387
  • Longitude: -80.0839

    Address

  • Full Address: 118 Lake Arbor Dr
  • Address - House Number: 118
  • Address - Street Name: Lake Arbor
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Palm Springs
  • Carrier Code: C040
  • 4-Digit Zip Code: 2103
  • Zip Code: 33461

Valuation

    Tax

  • Total Area: 1,232
  • Tax Year: 2022
  • Tax Amount: $4,047
  • Tax Rate Code Area: 70453

    Appraisal Valuation

  • Standard Deviation: 0.2218
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 69
  • Final Value: 302,565
  • High Value: 369,684
  • Low Value: 235,445

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $285,154
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Aug 24, 2022
  • First Open Lien Mortgage Loan Amount: $285,154
  • 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: Sep 01, 2052

    Market Valuation

  • Market Total Value: $185,964
  • Market Improvement Value: $185,964

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $185,964

    Sales

  • Current Sale Contract Date: Aug 16, 2022
  • Current Sale Recording Date: Aug 24, 2022
  • Current Sale Transaction ID: 11895578199
  • Current Sale Price: $297,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 356818
  • Previous Sale Recording Date: Mar 09, 2021
  • Previous Sale Contract Date: Feb 19, 2021
  • Previous Sale Amount: $169,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: Aug 24, 2022
  • First Mortgage Loan Amount: $285,154
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: EQUITY PRIME MORTGAGE LLC
  • Previous Mortgage Transaction Date: Mar 09, 2021
  • Previous Mortgage Loan Amount: $135,920
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2051

About Lakewood of Palm Springs



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Frequently Asked Questions

What neighborhood is 118 Lake Arbor Drive located in?
The 118 Lake Arbor Drive is a located in the neighborhood of Lakewood of Palm Springs in Lakewood of Palm Springs, Lake Worth.
What is the average sales price for listings in 118 Lake Arbor Drive?
The average sales price for units in 118 Lake Arbor Drive is $0 currently.

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