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1325 Lake Erie Drive

1325 Lake Erie Drive, Lake Worth, FL 33461
Sold Sep 22, 2017
$284,000
$278,858 by Absolute Home Mortgage Corp
Mortgage Due Oct 01, 2047
Sold Apr 17, 2017
$190,000
1325 Lake Erie Drive has been categorized by the local assessors in Lake Worth, FL as a residential type of property. The building on the property was first built in 1959 and is 65 years old. However, we must point out that the home was most recently renovated and altered in 1974. The home has a total of 3 bedrooms. Residents will have access to 3 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, 1325 Lake Erie Drive has 1,482 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,400 ft and across the front of the lot is 750 ft. The area measurement of the land has been determined as 10,498 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 240 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a open porch and a screened patio. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. 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 masonry 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 gable or hip style roof made of asphalt. The exterior walls of the building are made of concrete block. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with electricity. The property was last sold in Sep 6, 2017 for $284,000. That's $135.82 per sqft. Prior to that sales transaction, the property was also sold in Apr 3, 2017 for $190,000. 1325 Lake Erie Drive was last assessed in 2023. The total value of the property was assessed at $214,769. 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 $3,409. 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: 1959
  • Effective Year Built: 1974
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: Patio - screened
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,498
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,091
  • Gross Building Area: 2,091
  • Building Area: 1,482
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,482
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKE OSBORNE ESTS
  • Land Acres: 0.241
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAKE OSBORNE ESTS 6 LT 4 BLK 19

Ownership

  • Current Owner : CASTRO JOHN E
  • Current Owner 2: CASTRO MARIN SANDRA
  • Previous Owner : CREDIT CARD MANAGEMENT SERVICES INC
  • Owner Before Previous Owner: FANNIE MAE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 005000

Zoning

  • Zoning: RS

Geography

  • Assessors Map Reference: 264
  • Parcel: 00-43-44-33-01-019-0040
  • Block: 19
  • Lot: 4
  • Meridian: SEC 33 TWN 44S RNG 43E
  • Municipality: UNINCORPORATED
  • Latitude: 26.5913
  • Longitude: -80.0727

    Address

  • Full Address: 1325 Lake Erie Dr
  • Address - House Number: 1325
  • Address - Street Name: Lake Erie
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Lake Worth
  • Carrier Code: C031
  • 4-Digit Zip Code: 6151
  • Zip Code: 33461

Valuation

    Tax

  • Total Area: 1,672
  • Tax Year: 2023
  • Tax Amount: $3,409
  • Tax Rate Code Area: 203

    Appraisal Valuation

  • Standard Deviation: 0.1937
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 513,203
  • High Value: 612,627
  • Low Value: 413,779

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $322,701
  • First Open Lien Mortgage Lender: ABSOLUTE HOME MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Sep 22, 2017
  • First Open Lien Mortgage Loan Amount: $278,858
  • 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: Oct 01, 2047
  • Second Open Lien Mortgage Lender: DEPARTMENT OF HOUSING & URBAN
  • Second Open Lien Mortgage Recording Date: Aug 10, 2021
  • Second Open Lien Mortgage Loan Amount: $33,013
  • Second Open Lien Mortgage Term: 313
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2047
  • Third Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Third Open Lien Mortgage Recording Date: Aug 01, 2022
  • Third Open Lien Mortgage Loan Amount: $10,830
  • Third Open Lien Mortgage Term: 301
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: FHA
  • Third Open Lien Mortgage Loan Due Date: Oct 01, 2047

    Market Valuation

  • Market Total Value: $346,114
  • Market Land Value: $189,750
  • Market Improvement Value: $156,364

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $214,769

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 06, 2017
  • Current Sale Recording Date: Sep 22, 2017
  • Current Sale Transaction ID: 1736741273
  • Current Sale Price: $284,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20170334526
  • Previous Sale Recording Date: Apr 17, 2017
  • Previous Sale Contract Date: Apr 03, 2017
  • Previous Sale Amount: $190,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ABSOLUTE HOME MORTGAGE CORP
  • First Mortgage Transaction Date: Sep 22, 2017
  • First Mortgage Loan Amount: $278,858
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2047

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Frequently Asked Questions

What neighborhood is 1325 Lake Erie Drive located in?
The 1325 Lake Erie Drive is a located in the neighborhood of Lake Osborne Manor in Lake Osborne Manor, Lake Worth.
What is the average sales price for listings in 1325 Lake Erie Drive?
The average sales price for units in 1325 Lake Erie Drive is $0 currently.

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