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124 Southwest 8th Avenue

124 Southwest 8th Avenue, Delray Beach, FL 33444
Property in Lincoln Park
Sold Jan 20, 2016
$225,000
Sold Dec 15, 2015
$242,000
$100,000 by Charlene Farrington
Mortgage
Local assessors in Delray Beach, FL have categorized 124 Southwest 8th Avenue as a residential type of property. The home was built in 1966 and is 58 years old. The property's lot size has been calculated to be 6,787 square feet. The linear feet between the front and back of the lot was measured at 1,360 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a quadplex style. As for the restroom situation, there are 4 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 124 Southwest 8th Avenue has a total of 2,688 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. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back of the home. 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 masonry 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 gable or hip style roof that was made of asphalt. Lots of concrete block 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 Dec 11, 2015 for $225,000. That's $68.77 per sqft. Prior to that sales transaction, the property was also sold in Dec 11, 2015 for $242,000. 124 Southwest 8th Avenue was last assessed in 2023. The total value of the property was assessed at $374,589. 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 $8,426. The initial tax year of delinquency was in 2023. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Quadplex
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Terrazzo
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,787
  • Lot Size Depth Feet: 1,360
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,272
  • Gross Building Area: 3,272
  • Building Area: 2,688
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: None
  • Heated Square Feet: 2,688
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LINCOLN PARK
  • Land Acres: 0.156
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: LINCOLN PARK~ DELRAY LOT 43

Ownership

  • Current Owner : 5 OCEAN PROPERTIES LLC
  • Previous Owner : FARRINGTON CHARLENE
  • Owner Before Previous Owner: FARRINGTON CHARLENE
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 006801

Zoning

  • Zoning: RM

Geography

  • Assessors Map Reference: 343
  • Parcel: 12-43-46-17-38-000-0430
  • Lot: 43
  • Meridian: SEC 17 TWN 46S RNG 43E
  • Municipality: DELRAY BEACH
  • Latitude: 26.4588
  • Longitude: -80.0814

    Address

  • Full Address: 124 Sw 8th Ave
  • Address - House Number: 124
  • Street Direction: SW
  • Address - Street Name: 8th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Delray Beach
  • Carrier Code: C016
  • 4-Digit Zip Code: 2595
  • Zip Code: 33444

Valuation

    Tax

  • Total Area: 2,703
  • Tax Year: 2023
  • Tax Amount: $8,426
  • Intital Tax Deliquent Year: 2023
  • Tax Rate Code Area: 12987

    Appraisal Valuation

  • Standard Deviation: 0.205
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 72
  • Final Value: 743,163
  • High Value: 895,569
  • Low Value: 590,757

    Market Valuation

  • Market Total Value: $507,609
  • Market Land Value: $175,960
  • Market Improvement Value: $331,649

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $374,589

    Sales

  • Current Sale Contract Date: Dec 11, 2015
  • Current Sale Recording Date: Jan 20, 2016
  • Current Sale Transaction ID: 1416564551
  • Current Sale Price: $225,000
  • Current Sale Document Type: Re-recorded Document
  • Current Sale Input Document Number: 20160021905
  • Previous Sale Recording Date: Dec 15, 2015
  • Previous Sale Contract Date: Dec 11, 2015
  • Previous Sale Amount: $242,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: CHARLENE FARRINGTON
  • Previous Mortgage Transaction Date: Dec 15, 2015
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Seller take-back

About Lincoln Park



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Frequently Asked Questions

What neighborhood is 124 Southwest 8th Avenue located in?
The 124 Southwest 8th Avenue is a located in the neighborhood of Lincoln Park in Lincoln Park, Delray Beach.
What is the average sales price for listings in 124 Southwest 8th Avenue?
The average sales price for units in 124 Southwest 8th Avenue is $0 currently.

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