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16672 Madrid Court

16672 Madrid Court, Delray Beach, FL 33484
Property in Boca Delray
Sold Dec 22, 2009
$262,500
Seller
$168,500 by Pfg Loans Inc
Mortgage Due Jan 01, 2040
Sold May 16, 2005
$480,000
$376,000 by Circle Mortgage Corp
Mortgage Due Jun 01, 2035
Local assessors in Delray Beach, FL have categorized 16672 Madrid Court as a residential type of property. The home was built in 1994 and is 30 years old. It was most recently renovated and altered in 2000. The property's lot size has been calculated to be 10,346 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, 4 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 16672 Madrid Court has a total of 2,173 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 598 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a open porch and a screened patio so you'll have great options in both the front and back 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. 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. 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, 16672 Madrid Court was last sold in Dec 16, 2009 for $262,500. According to our calculations, that's $88.32 per sqft. Prior to that sales transaction, the property was sold for $480,000 in May 11, 2005. Current property owners are expected to pay $4,099 in taxes per year. The property on 16672 Madrid Court was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $263,345. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1994
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • 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: 598
  • Parking Space Count: 2
  • Patio Type: Patio - screened
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,346
  • Total Building Area: 2,972
  • Gross Building Area: 2,972
  • Building Area: 2,173
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,173
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MONTEREY LAKE
  • Land Acres: 0.238
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MONTEREY LAKE IN PB49P37 LT 15

Ownership

  • Current Owner : NATHAN MARTIN
  • Previous Owner : ROSE DALE K
  • Owner Before Previous Owner: MILLER GEORGE D
  • Owner Before Previous Owner 2: MILLER DEBORAH M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 005958

Zoning

  • Zoning: RS

Geography

  • Assessors Map Reference: 354
  • Parcel: 00-42-46-26-08-000-0150
  • Lot: 15
  • Meridian: SEC 26 TWN 46S RNG 42E
  • Municipality: UNINCORPORATED
  • Latitude: 26.4292
  • Longitude: -80.1226

    Address

  • Full Address: 16672 Madrid Ct
  • Address - House Number: 16672
  • Address - Street Name: Madrid
  • Address - Suffix Type: Ct
  • State: FL
  • City Name: Delray Beach
  • Carrier Code: R016
  • 4-Digit Zip Code: 8339
  • Zip Code: 33484

Valuation

    Tax

  • Total Area: 2,498
  • Tax Year: 2023
  • Tax Amount: $4,099
  • Tax Rate Code Area: 355

    Appraisal Valuation

  • Standard Deviation: 0.1922
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 718,448
  • High Value: 856,583
  • Low Value: 580,313

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $168,500
  • First Open Lien Mortgage Lender: PFG LOANS INC
  • First Open Lien Mortgage Recording Date: Dec 22, 2009
  • First Open Lien Mortgage Loan Amount: $168,500
  • 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: Jan 01, 2040

    Market Valuation

  • Market Total Value: $496,841
  • Market Land Value: $196,959
  • Market Improvement Value: $299,882

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $263,345

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 16, 2009
  • Current Sale Recording Date: Dec 22, 2009
  • Current Sale Transaction ID: 1077053702
  • Current Sale Price: $262,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20090444541
  • Previous Sale Recording Date: May 16, 2005
  • Previous Sale Contract Date: May 11, 2005
  • Previous Sale Amount: $480,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PFG LOANS INC
  • First Mortgage Transaction Date: Dec 22, 2009
  • First Mortgage Loan Amount: $168,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2040

    Previous Mortgages

  • Previous Mortgage Lender: CIRCLE MORTGAGE CORP
  • Previous Mortgage Transaction Date: May 16, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $376,000
  • 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: Jun 01, 2035

About Boca Delray



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Frequently Asked Questions

What neighborhood is 16672 Madrid Court located in?
The 16672 Madrid Court is a located in the neighborhood of Boca Delray in Boca Delray, Delray Beach.
What is the average sales price for listings in 16672 Madrid Court?
The average sales price for units in 16672 Madrid Court is $0 currently.

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