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1503 New Castle Terrace

1503 New Castle Terrace, Wellington, FL 33414
Property in Towne Place
Sold Sep 28, 2022
$383,000
$383,000 by United Wholesale Mortgage Llc
Mortgage Due Oct 01, 2052
Sold May 31, 2017
$218,000
$199,633 by Everett Financial Inc
Mortgage Due Jun 01, 2047
Local assessors in Wellington, FL have categorized 1503 New Castle Terrace as a residential type of property. The home was built in 2001 and is 23 years old. The property's lot size has been calculated to be 1,712 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse 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 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 1503 New Castle Terrace has a total of 1,431 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 248 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. 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, 1503 New Castle Terrace sold most recently in Sep 19, 2022 for a total of $383,000. If you work out the math, that's approximately a cost of $267.65 per sqft. Before that, the property was also sold for $218,000 in May 24, 2017. 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 $3,724 in taxes each year. 1503 New Castle Terrace was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $205,944. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Townhouse
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 248
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 1,712
  • Total Building Area: 1,431
  • Gross Building Area: 1,431
  • Building Area: 1,431
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,431
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TOWNE PLACE
  • Land Acres: 0.039
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: TOWNE PLACE LT 2 BLK 12

Ownership

  • Current Owner : CLEMONS LOYD
  • Current Owner 2: CLEMONS ALISHA
  • Previous Owner : MENNITI ANGELA
  • Owner Before Previous Owner: KORUM STACY
  • Owner Before Previous Owner 2: SCHULTZ JOSEPH
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 007725

Zoning

  • Zoning: PUBUD

Geography

  • Assessors Map Reference: 200
  • Parcel: 73-41-44-09-07-012-0020
  • Block: 12
  • Lot: 2
  • Meridian: SEC 09 TWN 44S RNG 41E
  • Municipality: WELLINGTON
  • Latitude: 26.6596
  • Longitude: -80.2649

    Address

  • Full Address: 1503 New Castle Ter
  • Address - House Number: 1503
  • Address - Street Name: New Castle
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Wellington
  • Carrier Code: C067
  • 4-Digit Zip Code: 2209
  • Zip Code: 33414

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,724
  • Tax Rate Code Area: 73486

    Appraisal Valuation

  • Standard Deviation: 0.2122
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 71
  • Final Value: 429,157
  • High Value: 520,261
  • Low Value: 338,053

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $383,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Sep 28, 2022
  • First Open Lien Mortgage Loan Amount: $383,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2052

    Market Valuation

  • Market Total Value: $256,410
  • Market Improvement Value: $256,410

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $205,944

    Sales

  • Current Sale Contract Date: Sep 19, 2022
  • Current Sale Recording Date: Sep 28, 2022
  • Current Sale Transaction ID: 11897700122
  • Current Sale Price: $383,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 395478
  • Previous Sale Recording Date: May 31, 2017
  • Previous Sale Contract Date: May 24, 2017
  • Previous Sale Amount: $218,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: Sep 28, 2022
  • First Mortgage Loan Amount: $383,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Oct 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: EVERETT FINANCIAL INC
  • Previous Mortgage Transaction Date: May 31, 2017
  • Previous Mortgage Loan Amount: $199,633
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2047

About Towne Place



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Frequently Asked Questions

What neighborhood is 1503 New Castle Terrace located in?
The 1503 New Castle Terrace is a located in the neighborhood of Towne Place in Towne Place, Wellington.
What is the average sales price for listings in 1503 New Castle Terrace?
The average sales price for units in 1503 New Castle Terrace is $0 currently.

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