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18 Lake Arbor Drive

18 Lake Arbor Drive, Lake Worth, FL 33461
Sold Jan 04, 2006
$189,900
$151,920 by Aames Home Loan
Mortgage Due Jan 01, 2036
Sold Nov 13, 2002
$82,500
$78,350 by Chase Manhattan Mtg Corp
Mortgage Due Nov 01, 2009
Local assessors in Lake Worth, FL have categorized 18 Lake Arbor Drive as a residential type of property. The home was built in 1978 and is 46 years old. The property's lot size has been calculated to be 1,124 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 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 18 Lake Arbor Drive has a total of 1,232 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. 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, 18 Lake Arbor Drive sold most recently in Dec 30, 2005 for a total of $189,900. If you work out the math, that's approximately a cost of $154.14 per sqft. Before that, the property was also sold for $82,500 in Nov 5, 2002. 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 $864 in taxes each year. 18 Lake Arbor Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $56,260. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Townhouse
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,124
  • Total Building Area: 1,232
  • Gross Building Area: 1,232
  • Building Area: 1,232
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,232
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKEWOOD FIRST ADDITION OF PALM SPRINGS
  • Land Acres: 0.026
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LAKEWOOD FIRST ADDITION OF PALM SPRINGS TH PT OF TR B IN OR2877P1688 BEING UNIT 18 OF LAKEWOOD TOWNHOUSE PROJECT

Ownership

  • Current Owner : PACHECO ERICA
  • Previous Owner : DOUCETTE DANIEL A
  • Owner Before Previous Owner: KRESSER FREDERICK B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 004203

Zoning

  • Zoning: RM

Geography

  • Assessors Map Reference: 228
  • Subdivision Tract Number: B
  • Parcel: 70-43-44-17-55-002-0180
  • Block: 2
  • Meridian: SEC 17 TWN 44S RNG 43E
  • Municipality: PALM SPRINGS
  • Latitude: 26.6375
  • Longitude: -80.0862

    Address

  • Full Address: 18 Lake Arbor Dr
  • Address - House Number: 18
  • Address - Street Name: Lake Arbor
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Palm Springs
  • Carrier Code: C040
  • 4-Digit Zip Code: 2101
  • Zip Code: 33461

Valuation

    Tax

  • Total Area: 1,232
  • Tax Year: 2022
  • Tax Amount: $864
  • Tax Rate Code Area: 70453

    Appraisal Valuation

  • Standard Deviation: 0.2218
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 69
  • Final Value: 302,173
  • High Value: 369,206
  • Low Value: 235,141

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $151,920
  • First Open Lien Mortgage Lender: AAMES HOME LOAN
  • First Open Lien Mortgage Recording Date: Jan 04, 2006
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $151,920
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien 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.)
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2036

    Market Valuation

  • Market Total Value: $185,964
  • Market Improvement Value: $185,964

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $56,260

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 30, 2005
  • Current Sale Recording Date: Jan 04, 2006
  • Current Sale Transaction ID: 11447519477
  • Current Sale Price: $189,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20060005612
  • Previous Sale Recording Date: Nov 13, 2002
  • Previous Sale Contract Date: Nov 05, 2002
  • Previous Sale Amount: $82,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AAMES HOME LOAN
  • First Mortgage Transaction Date: Jan 04, 2006
  • First Mortgage Loan Amount: $151,920
  • First Mortgage Terms: 360
  • First 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.)
  • First Mortgage Loan Due Date: Jan 01, 2036

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: CHASE MANHATTAN MTG CORP
  • Previous Mortgage Transaction Date: Nov 13, 2002
  • Previous Mortgage Loan Amount: $78,350
  • Previous Mortgage Term: 83
  • Previous Mortgage Loan Type: Balloon
  • Previous Mortgage Loan Due Date: Nov 01, 2009

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Frequently Asked Questions

What neighborhood is 18 Lake Arbor Drive located in?
The 18 Lake Arbor Drive is a located in the neighborhood of Lakewood of Palm Springs in Lakewood of Palm Springs, Lake Worth.
What is the average sales price for listings in 18 Lake Arbor Drive?
The average sales price for units in 18 Lake Arbor Drive is $0 currently.

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