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126 South Lake Drive

126 South Lake Drive, Lake Worth, FL 33462
Property in Lantana Point
Sold Jul 21, 2004
$1,025,000
$820,000 by Greenpoint Mortgage Funding In
Mortgage Due Aug 01, 2034
Sold Jun 22, 2000
$535,000
$428,000 by Fidelity Federal Savings Bank
Mortgage
126 South Lake Drive in Lake Worth, FL was first built in 1976 and is 48 years old. Although, the building on the property was most recently renovated and altered in 1986. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 126 South Lake Drive has 2,950 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. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 180. In total, the area measurement of the land is 8,847 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable or hip style roof made of metal. For those who need parking, there is a garage. The garage is 420 sqft. There are a total of 2 available parking spaces. 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 D. The condition of the building has been evaluated as average. The exterior walls of the home are made of concrete block. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Jul 12, 2004 for $1,025,000. That's $254.34 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $535,000. 126 South Lake Drive was last assessed in 2022. The total value of the property was assessed at $575,931. 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 $12,983. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 1976
  • Effective Year Built: 1986
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,847
  • Lot Size Depth Feet: 180
  • Lot Size Frontage Feet: 500
  • Total Building Area: 4,030
  • Gross Building Area: 4,030
  • Building Area: 2,950
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,950
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LANTANA POINT ADD
  • Land Acres: 0.203
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LANTANA POINT ADD SWLY 12 FT OF LT 8 & NELY 38 FT OF LT 9 BLK 4

Ownership

  • Current Owner : WANG ALEXANDER I
  • Current Owner 2: WANG DAVID
  • Previous Owner : SOKOLOWSKI JANUSZ
  • Owner Before Previous Owner: JOHNSTON GENE W
  • Owner Before Previous Owner 2: JOHNSTON AUDY R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 005501

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: 283
  • Parcel: 40-43-45-03-14-004-0081
  • Block: 4
  • Lot: 8,9
  • Meridian: SEC 03 TWN 45S RNG 43E
  • Municipality: LANTANA
  • Latitude: 26.5836
  • Longitude: -80.05

    Address

  • Full Address: 126 S Lake Dr
  • Address - House Number: 126
  • Street Direction: S
  • Address - Street Name: Lake
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Lantana
  • Carrier Code: C004
  • 4-Digit Zip Code: 3221
  • Zip Code: 33462

Valuation

    Tax

  • Total Area: 3,297
  • Tax Year: 2022
  • Tax Amount: $12,983
  • Tax Rate Code Area: 40534

    Appraisal Valuation

  • Standard Deviation: 0.269
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 61
  • Final Value: 2,155,611
  • High Value: 2,735,493
  • Low Value: 1,575,729

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $820,000
  • First Open Lien Mortgage Lender: GREENPOINT MORTGAGE FUNDING IN
  • First Open Lien Mortgage Recording Date: Jul 21, 2004
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $820,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2034

    Market Valuation

  • Market Total Value: $1,171,984
  • Market Land Value: $915,915
  • Market Improvement Value: $256,069

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $575,931

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 12, 2004
  • Current Sale Recording Date: Jul 21, 2004
  • Current Sale Transaction ID: 1157275639
  • Current Sale Price: $1,025,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20040420771
  • Previous Sale Recording Date: Jun 22, 2000
  • Previous Sale Amount: $535,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GREENPOINT MORTGAGE FUNDING IN
  • First Mortgage Transaction Date: Jul 21, 2004
  • First Mortgage Loan Amount: $820,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Aug 01, 2034

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIDELITY FEDERAL SAVINGS BANK
  • Previous Mortgage Transaction Date: Jun 22, 2000
  • Previous Mortgage Loan Amount: $428,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Lantana Point



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Frequently Asked Questions

What neighborhood is 126 South Lake Drive located in?
The 126 South Lake Drive is a located in the neighborhood of Lantana Point in Lantana Point, Lake Worth.
What is the average sales price for listings in 126 South Lake Drive?
The average sales price for units in 126 South Lake Drive is $0 currently.

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