Check Availability

1401 Palm Beach Trace Drive

1401 Palm Beach Trace Drive, West Palm Beach, FL 33411
Sold Aug 01, 2017
$125,000
$121,250 by Branch Banking And Trust Co
Mortgage Due Aug 01, 2047
Sold Jun 13, 1996
$51,000
$35,700 by First Equity Lenders Inc
Mortgage
Local assessors in West Palm Beach, FL have categorized 1401 Palm Beach Trace Drive as a residential type of property. The home was built in 1990 and is 34 years old. The property's lot size has been calculated to be 328,514 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1401 Palm Beach Trace Drive has a total of 1,201 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. 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. 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, 1401 Palm Beach Trace Drive sold most recently in Jul 28, 2017 for a total of $125,000. If you work out the math, that's approximately a cost of $104.08 per sqft. Before that, the property was also sold for $51,000 in Jan 1, 1970. 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 $1,429 in taxes each year. 1401 Palm Beach Trace Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $112,140. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Condo
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 328,514
  • Total Building Area: 1,201
  • Gross Building Area: 1,201
  • Building Area: 1,201
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,201
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PALM BEACH TRACE CONDO
  • Land Acres: 7.542
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: PALM BEACH TRACE COND UNIT 1401 BLDG 14

Ownership

  • Current Owner : GRUBER RICHARD R
  • Current Owner 2: GRUBER NANCY K
  • Previous Owner : PELOQUIN MARY E
  • Owner Before Previous Owner: LEVASSEUR JAMES H
  • Owner Before Previous Owner 2: LEVASSEUR LINDA C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 007841

Geography

  • Assessors Map Reference: 136
  • Parcel: 72-41-43-23-11-014-1401
  • Meridian: SEC 23 TWN 43S RNG 41E
  • Municipality: ROYAL PALM BEACH
  • Latitude: 26.7127
  • Longitude: -80.2263

    Address

  • Full Address: 1401 Palm Beach Trace Dr
  • Legal Unit: 1401
  • Address - House Number: 1401
  • Address - Street Name: Palm Beach Trace
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Royal Palm Beach
  • Carrier Code: C070
  • 4-Digit Zip Code: 1263
  • Zip Code: 33411

Valuation

    Tax

  • Total Area: 1,201
  • Tax Year: 2022
  • Tax Amount: $1,429
  • Tax Rate Code Area: 72486

    Appraisal Valuation

  • Standard Deviation: 0.1924
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 259,191
  • High Value: 309,078
  • Low Value: 209,305

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $121,250
  • First Open Lien Mortgage Lender: BRANCH BANKING AND TRUST CO
  • First Open Lien Mortgage Recording Date: Aug 01, 2017
  • First Open Lien Mortgage Loan Amount: $121,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2047

    Market Valuation

  • Market Total Value: $167,400
  • Market Improvement Value: $167,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $112,140

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 28, 2017
  • Current Sale Recording Date: Aug 01, 2017
  • Current Sale Transaction ID: 1732120938
  • Current Sale Price: $125,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20170275648
  • Previous Sale Recording Date: Jun 13, 1996
  • Previous Sale Amount: $51,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BRANCH BANKING AND TRUST CO
  • First Mortgage Transaction Date: Aug 01, 2017
  • First Mortgage Loan Amount: $121,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: FIRST EQUITY LENDERS INC
  • Previous Mortgage Transaction Date: Jun 13, 1996
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $35,700
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Palm Beach Trace Condominiums



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 120 Martin Circle, Royal Palm Beach, FL, 33411

$3,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,889 ft²
120 Martin Circle, Royal Palm Beach, FL, 33411 Listing by Sydney Coats
Unit for rent at 191 Parkwood Drive, Royal Palm Beach, FL, 33411

$3,700 /mo

  • 3 Beds
  • 3 Baths
  • 2,200 ft²
191 Parkwood Drive, Royal Palm Beach, FL, 33411 Listing by Ryan Peter Steets
Unit for rent at 170 Meadowlark Drive, Royal Palm Beach, FL, 33411

$3,750 /mo

  • 3 Beds
  • 2 Baths
  • 2,209 ft²
170 Meadowlark Drive, Royal Palm Beach, FL, 33411 Listing by Priscilla Rashida Dobb Cabrera
Unit for rent at 2477 Westmont Lane, Royal Palm Beach, FL, 33411

$3,900 /mo

  • 4 Beds
  • 3.5 Baths
  • 2,361 ft²
2477 Westmont Lane, Royal Palm Beach, FL, 33411 Listing by Jesse Colon
Unit for rent at 113 Weybridge Circle, Royal Palm Beach, FL, 33411

$3,500 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,710 ft²
113 Weybridge Circle #D, Royal Palm Beach, FL, 33411 Listing by Joseph Andre Castor
Unit for rent at 116 Meadowlark Dr, Royal Palm Beach, FL, 33411

$3,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,739 ft²
116 Meadowlark Dr, Royal Palm Beach, FL, 33411 Listing by Edmy Gomez
Unit for rent at 876 Gardenia Dr, Royal Palm Beach, FL, 33411

$3,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,502 ft²
876 Gardenia Dr #876, Royal Palm Beach, FL, 33411 Listing by Jose Linarez

Frequently Asked Questions

What neighborhood is 1401 Palm Beach Trace Drive located in?
The 1401 Palm Beach Trace Drive is a located in the neighborhood of Palm Beach Trace Condominiums in Palm Beach Trace Condominiums, West Palm Beach.
What is the average sales price for listings in 1401 Palm Beach Trace Drive?
The average sales price for units in 1401 Palm Beach Trace Drive is $0 currently.

Quantcast