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1501 West 16th Street

1501 West 16th Street, West Palm Beach, FL 33404
Property in Riviera Beach
Sold Nov 16, 2022
$179,500
$184,300 by Crosscountry Mortgage Llc
Mortgage Due Dec 01, 2052
Sold Apr 07, 2006
$95,000
$85,500 by Aegis Funding Corp
Mortgage Due Apr 01, 2036
Local assessors in West Palm Beach, FL have categorized 1501 West 16th Street as a residential type of property. The home was built in 1974 and is 50 years old. The property's lot size has been calculated to be 4,870 square feet. The linear feet between the front and back of the lot was measured at 970 ft and the front of the lot was measured at 500 ft. 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 is one full bathroom. There is also a partial bathroom. 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 1501 West 16th Street has a total of 768 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. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 - D. The building has a gable or hip style roof that was made of asphalt. 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 nothing. 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, 1501 West 16th Street was last sold in Nov 4, 2022 for $179,500. According to our calculations, that's $215.75 per sqft. Prior to that sales transaction, the property was sold for $95,000 in Mar 27, 2006. Current property owners are expected to pay $212 in taxes per year. The property on 1501 West 16th Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $26,312. 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. 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!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: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Terrazzo
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,870
  • Lot Size Depth Feet: 970
  • Lot Size Frontage Feet: 500
  • Total Building Area: 832
  • Gross Building Area: 832
  • Building Area: 768
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 768
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KELLY ADD
  • Land Acres: 0.112
  • Standard Land Use Code: Single family residential
  • Legal Description 1: KELLY ADD TO RIVIERA LTS 31 & 32 BLK 7

Ownership

  • Current Owner : MCLEISH SHANE DWYANE
  • Previous Owner : DAVIS TERRI NICOLE
  • Previous Owner 2: EVERTON EARL
  • Owner Before Previous Owner: DAVIS LARRY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 001404

Zoning

  • Zoning: RS-8

Geography

  • Assessors Map Reference: 103
  • Parcel: 56-43-42-32-04-007-0310
  • Block: 7
  • Lot: 31,32
  • Meridian: SEC 32 TWN 42S RNG 43E
  • Municipality: RIVIERA BEACH
  • Latitude: 26.7761
  • Longitude: -80.0791

    Address

  • Full Address: 1501 W 16th St
  • Address - House Number: 1501
  • Street Direction: W
  • Address - Street Name: 16th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Riviera Beach
  • Carrier Code: C030
  • 4-Digit Zip Code: 5205
  • Zip Code: 33404

Valuation

    Tax

  • Total Area: 794
  • Tax Year: 2022
  • Tax Amount: $212
  • Tax Rate Code Area: 56407

    Appraisal Valuation

  • Standard Deviation: 0.2257
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 68
  • Final Value: 196,831
  • High Value: 241,257
  • Low Value: 152,405

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $184,300
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Nov 16, 2022
  • First Open Lien Mortgage Loan Amount: $184,300
  • 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: Dec 01, 2052

    Market Valuation

  • Market Total Value: $96,042
  • Market Land Value: $29,820
  • Market Improvement Value: $66,222

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $26,312

    Sales

  • Current Sale Contract Date: Nov 04, 2022
  • Current Sale Recording Date: Nov 16, 2022
  • Current Sale Transaction ID: 11899177806
  • Current Sale Price: $179,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 454585
  • Previous Sale Recording Date: Apr 07, 2006
  • Previous Sale Contract Date: Mar 27, 2006
  • Previous Sale Amount: $95,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Mortgage Transaction Date: Nov 16, 2022
  • First Mortgage Loan Amount: $184,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: AEGIS FUNDING CORP
  • Previous Mortgage Transaction Date: Apr 07, 2006
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $85,500
  • Previous Mortgage Term: 360
  • Previous 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.)
  • Previous Mortgage Loan Due Date: Apr 01, 2036

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Frequently Asked Questions

What neighborhood is 1501 West 16th Street located in?
The 1501 West 16th Street is a located in the neighborhood of Riviera Beach in Riviera Beach, West Palm Beach.
What is the average sales price for listings in 1501 West 16th Street?
The average sales price for units in 1501 West 16th Street is $0 currently.

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