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1475 Bear Island Drive

1475 Bear Island Drive, West Palm Beach, FL 33409
Property in Bear Island
Sold May 30, 2017
$320,500
$256,400 by Third Fsla Of Cleveland
Mortgage Due Jun 01, 2047
Sold Jan 16, 2001
$225,000
Local assessors in West Palm Beach, FL have categorized 1475 Bear Island Drive as a residential type of property. The home was built in 1988 and is 36 years old. It was most recently renovated and altered in 1996. The property's lot size has been calculated to be 7,048 square feet. 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, 3 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 1475 Bear Island Drive has a total of 1,974 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 462 sqft. Do you like to entertain? The home has a screened porch so you'll have a great option in the front of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a wood truss style roof that was made of concrete. 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 gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with electricity. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1475 Bear Island Drive was last sold in May 12, 2017 for $320,500. According to our calculations, that's $114.92 per sqft. Prior to that sales transaction, the property was sold for $225,000 in Jan 1, 1970. Current property owners are expected to pay $5,816 in taxes per year. The property on 1475 Bear Island Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $299,250. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Wood truss
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 462
  • Parking Space Count: 0
  • Porch Type: Screened porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,048
  • Total Building Area: 2,789
  • Gross Building Area: 2,789
  • Building Area: 1,974
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,974
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BEAR ISLAND
  • Land Acres: 0.162
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BEAR ISLAND LT 65

Ownership

  • Current Owner : LY SANDY CHUNG
  • Previous Owner : YOUNKIN RONALD P
  • Previous Owner 2: YOUNKIN BENJAMIN JANICE
  • Owner Before Previous Owner: SCHNEIDER RHONDA H
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 001916

Zoning

  • Zoning: RPD

Geography

  • Parcel: 74-43-43-18-11-000-0650
  • Lot: 65
  • Municipality: WEST PALM BEACH
  • Latitude: 26.7239
  • Longitude: -80.0987

    Address

  • Full Address: 1475 Bear Island Dr
  • Address - House Number: 1475
  • Address - Street Name: Bear Island
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: West Palm Beach
  • Carrier Code: C020
  • 4-Digit Zip Code: 2016
  • Zip Code: 33409

Valuation

    Tax

  • Total Area: 2,302
  • Tax Year: 2023
  • Tax Amount: $5,816
  • Tax Rate Code Area: 74407

    Appraisal Valuation

  • Standard Deviation: 0.192
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 659,470
  • High Value: 786,141
  • Low Value: 532,799

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $256,400
  • First Open Lien Mortgage Lender: THIRD FSLA OF CLEVELAND
  • First Open Lien Mortgage Recording Date: May 30, 2017
  • First Open Lien Mortgage Loan Amount: $256,400
  • 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: Jun 01, 2047

    Market Valuation

  • Market Total Value: $544,589
  • Market Land Value: $254,744
  • Market Improvement Value: $289,845

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $299,250

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 12, 2017
  • Current Sale Recording Date: May 30, 2017
  • Current Sale Transaction ID: 1588561954
  • Current Sale Price: $320,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20170191354
  • Previous Sale Recording Date: Jan 16, 2001
  • Previous Sale Amount: $225,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THIRD FSLA OF CLEVELAND
  • First Mortgage Transaction Date: May 30, 2017
  • First Mortgage Loan Amount: $256,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2047

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Frequently Asked Questions

What neighborhood is 1475 Bear Island Drive located in?
The 1475 Bear Island Drive is a located in the neighborhood of Bear Island in Villages of Palm Beach Lakes, West Palm Beach.
What is the average sales price for listings in 1475 Bear Island Drive?
The average sales price for units in 1475 Bear Island Drive is $0 currently.

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