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1609 15th Avenue South

1609 15th Avenue South, Lake Worth, FL 33460
Sold Feb 07, 2022
$265,000
$260,200 by Primary Residential Mortgage I
Mortgage Due Oct 01, 2051
Sold Oct 18, 2021
Transfer
$260,200 by Primary Residential Mortgage I
Mortgage Due Oct 01, 2051
1609 15th Avenue South has been categorized by the local assessors in Lake Worth, FL as a residential type of property. The building on the property was first built in 1954 and is 70 years old. However, we must point out that the home was most recently renovated and altered in 1975. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1609 15th Avenue South has 936 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 100 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 5,998 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable or hip style roof made of asphalt. The exterior walls of the building are made of concrete block. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with a packaged air conditioning unit at the moment. In terms of heating, it is utilizing no heating system and being fueled with nothing. 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, 1609 15th Avenue South sold most recently in Sep 24, 2021 for a total of $265,000. If you work out the math, that's approximately a cost of $260.57 per sqft. 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 $3,034 in taxes each year. The initial year of tax delinquency occurred in 2022. 1609 15th Avenue South was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $154,249. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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.

Building Features

Exterior

Block Exterior

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1975
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,998
  • Lot Size Depth Feet: 100
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,017
  • Gross Building Area: 1,017
  • Building Area: 936
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: None
  • Heated Square Feet: 936
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WHISPERING PALMS NO 4
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WHISPERING PALMS NO 4 LT 22 BLK 5

Ownership

  • Current Owner : ALVAREZ EULALIO
  • Previous Owner : CAYENNE INVESTMENTS LLC
  • Owner Before Previous Owner: CAYENNE INVESTMENTS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 005102

Zoning

  • Zoning: SFR

Geography

  • Assessors Map Reference: 264
  • Parcel: 38-43-44-33-11-005-0220
  • Block: 5
  • Lot: 22
  • Meridian: SEC 33 TWN 44S RNG 43E
  • Municipality: LAKE WORTH
  • Latitude: 26.5982
  • Longitude: -80.0647

    Address

  • Full Address: 1609 15th Ave S
  • Address - House Number: 1609
  • Street Segment Direction: S
  • Address - Street Name: 15th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Lake Worth Beach
  • Carrier Code: C016
  • 4-Digit Zip Code: 5314
  • Zip Code: 33460

Valuation

    Tax

  • Total Area: 956
  • Tax Year: 2022
  • Tax Amount: $3,034
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 38457

    Appraisal Valuation

  • Standard Deviation: 0.4875
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 2
  • Final Value: 99,926
  • High Value: 148,649
  • Low Value: 51,202

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $260,200
  • First Open Lien Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Open Lien Mortgage Recording Date: Oct 18, 2021
  • First Open Lien Mortgage Loan Amount: $260,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Market Valuation

  • Market Total Value: $154,249
  • Market Land Value: $72,000
  • Market Improvement Value: $82,249

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $154,249

    Sales

  • Current Sale Contract Date: Sep 24, 2021
  • Current Sale Recording Date: Feb 07, 2022
  • Current Sale Transaction ID: 11880591360
  • Current Sale Price: $265,000
  • Current Sale Document Type: Re-recorded Document
  • Current Sale Input Document Number: 57547
  • Previous Sale Recording Date: Oct 18, 2021
  • Previous Sale Contract Date: Sep 24, 2021
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • Previous Mortgage Transaction Date: Oct 18, 2021
  • Previous Mortgage Loan Amount: $260,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2051

About Whispering Palms



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Nearby Rentals

Unit for rent at

$2,300 /mo

  • 3 Beds
  • 1 Bath
  • 840 ft²
Listing by Robert Ayrsman
Unit for rent at

$2,495 /mo

  • 2 Beds
  • 2 Baths
  • 788 ft²
Listing by Jeffrey Auer
Unit for rent at

$2,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,025 ft²
Listing by Alexander Haigh
Unit for rent at

$2,400 /mo

  • 3 Beds
  • 1 Bath
  • 1,452 ft²
Listing by Ashley Quintano
Unit for rent at

$2,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,265 ft²
Listing by Clifford Lloyd
Unit for rent at

$2,350 /mo

  • 2 Beds
  • 2 Baths
  • 1,025 ft²
Listing by Blair Ann Alshut

Frequently Asked Questions

What neighborhood is 1609 15th Avenue South located in?
The 1609 15th Avenue South is a house located in the neighborhood of Whispering Palms in Whispering Palms, Lake Worth.
What is the average sales price for listings in 1609 15th Avenue South?
The average sales price for units in 1609 15th Avenue South is $0 currently.

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