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1400 Waterway Cove Drive

1400 Waterway Cove Drive, Wellington, FL 33414
Sold May 09, 2005
$305,000
$305,000 by Aegis Wholesale Corp
Mortgage Due May 01, 2035
Sold Apr 30, 1996
$104,000
$98,800 by Monticello Bank
Mortgage
1400 Waterway Cove Drive in Wellington, FL was first built in 1993 and is 31 years old. Although, the building on the property was most recently renovated and altered in 1999. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1400 Waterway Cove Drive has 1,565 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 4,500 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a wood truss style roof made of asphalt. For those who need parking, there is a attached 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 C. 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. The property was last sold in Apr 27, 2005 for $305,000. That's $150.62 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $104,000. 1400 Waterway Cove Drive was last assessed in 2022. The total value of the property was assessed at $132,548. 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 $2,391. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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: 1993
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Wood truss
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,500
  • Total Building Area: 2,025
  • Gross Building Area: 2,025
  • Building Area: 1,565
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,565
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WATERWAY COVE OF WELLINGTON
  • Land Acres: 0.103
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WATERWAY COVE OF WELLINGTON LT 26

Ownership

  • Current Owner : PENA KAY R
  • Previous Owner : HOFFMAN LINDA
  • Previous Owner 2: HOFFMAN DANIEL
  • Owner Before Previous Owner: ALEXANDER MICHAEL W
  • Owner Before Previous Owner 2: ALEXANDER SUE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 007750

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 201
  • Parcel: 73-41-44-10-30-000-0260
  • Lot: 26
  • Meridian: SEC 10 TWN 44S RNG 41E
  • Municipality: WELLINGTON
  • Latitude: 26.6623
  • Longitude: -80.237

    Address

  • Full Address: 1400 Waterway Cove Dr
  • Address - House Number: 1400
  • Address - Street Name: Waterway Cove
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Wellington
  • Carrier Code: C060
  • 4-Digit Zip Code: 5759
  • Zip Code: 33414

Valuation

    Tax

  • Total Area: 1,766
  • Tax Year: 2022
  • Tax Amount: $2,391
  • Tax Rate Code Area: 73486

    Appraisal Valuation

  • Standard Deviation: 0.1752
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 77
  • Final Value: 485,240
  • High Value: 570,282
  • Low Value: 400,198

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $335,300
  • First Open Lien Mortgage Lender: AEGIS WHOLESALE CORP
  • First Open Lien Mortgage Recording Date: May 09, 2005
  • First Open Lien Mortgage Loan Amount: $305,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Open Lien Mortgage Loan Due Date: May 01, 2035
  • Second Open Lien Mortgage Lender: UNITED STATES SMALL BUSINESS A
  • Second Open Lien Mortgage Recording Date: Dec 28, 2017
  • Second Open Lien Mortgage Loan Amount: $30,300
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: SBA Participation Trust Deed
  • Second Open Lien Mortgage Loan Due Date: Dec 14, 2047

    Market Valuation

  • Market Total Value: $299,204
  • Market Land Value: $93,195
  • Market Improvement Value: $206,009

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $132,548

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 27, 2005
  • Current Sale Recording Date: May 09, 2005
  • Current Sale Transaction ID: 1070883607
  • Current Sale Price: $305,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20050275871
  • Previous Sale Recording Date: Apr 30, 1996
  • Previous Sale Amount: $104,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AEGIS WHOLESALE CORP
  • First Mortgage Transaction Date: May 09, 2005
  • First Mortgage Loan Amount: $305,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: May 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: MONTICELLO BANK
  • Previous Mortgage Transaction Date: Apr 30, 1996
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $98,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Waterway Cove of Wellington



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Frequently Asked Questions

What neighborhood is 1400 Waterway Cove Drive located in?
The 1400 Waterway Cove Drive is a located in the neighborhood of Waterway Cove of Wellington in Waterway Cove of Wellington, Wellington.
What is the average sales price for listings in 1400 Waterway Cove Drive?
The average sales price for units in 1400 Waterway Cove Drive is $0 currently.

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