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2903 Laura Lane

2903 Laura Lane, West Palm Beach, FL 33406
Multifamily in Congress Heights
1 Units For Sale
Unit for sale at 2903 Laura Lane, Palm Springs, FL 33406

$500,000

  • 4 Beds
  • 2 Baths
  • 1,512 ft²
2903 Laura Lane, Palm Springs, FL 33406 Listing by Ryan Edward Murray

2903 Laura Lane has been categorized by the local assessors in West Palm Beach, FL as a residential type of property. The building on the property was first built in 1964 and is 60 years old. However, we must point out that the home was most recently renovated and altered in 1997. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2903 Laura Lane has 1,512 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 1,010 ft and across the front of the lot is 950 ft. The area measurement of the land has been determined as 9,592 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

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 gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and 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, 2903 Laura Lane was last sold in Dec 19, 2019 for $290,000. According to our calculations, that's $168.60 per sqft. Prior to that sales transaction, the property was sold for $192,350 in Oct 6, 2015. Current property owners are expected to pay $5,608 in taxes per year. The property on 2903 Laura Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $220,189. 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.

Building Features

Parking

Open Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190529
05/29/2019
4 Bed
2 Bath
1512 ft²
$345,000
bedrooms
4 Bed
bathrooms
2 Bath
square feet
1512 ft²
$290,000 -15.94%
12/23/2019
Ligia B Hernandez

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Duplex
  • 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: Tile
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,592
  • Lot Size Depth Feet: 1,010
  • Lot Size Frontage Feet: 950
  • Total Building Area: 1,720
  • Gross Building Area: 1,720
  • Building Area: 1,512
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,512
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CONGRESS HEIGHTS
  • Land Acres: 0.22
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: CONGRESS HEIGHTS LT 20

Ownership

  • Current Owner : BAEZ ANGEL
  • Current Owner 2: CABRERA DEANNA
  • Previous Owner : WONG OMAR AGUIAR
  • Previous Owner 2: ESCALAS ELIZABETH LIMA
  • Owner Before Previous Owner: STEADMAN SHARON L

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 004300

Zoning

  • Zoning: RM

Geography

  • Assessors Map Reference: 211
  • Parcel: 70-43-44-08-04-000-0200
  • Lot: 20
  • Meridian: SEC 08 TWN 44S RNG 43E
  • Municipality: PALM SPRINGS
  • Latitude: 26.6482
  • Longitude: -80.0865

    Address

  • Full Address: 2903 Laura Ln
  • Address - House Number: 2903
  • Address - Street Name: Laura
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Palm Springs
  • Carrier Code: C025
  • 4-Digit Zip Code: 6639
  • Zip Code: 33406

Valuation

    Tax

  • Total Area: 1,582
  • Tax Year: 2022
  • Tax Amount: $5,608
  • Tax Rate Code Area: 70453

    Appraisal Valuation

  • Standard Deviation: 0.0858
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 93
  • Final Value: 470,965
  • High Value: 511,417
  • Low Value: 430,513

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $277,874
  • First Open Lien Mortgage Lender: STEARNS LENDING LLC
  • First Open Lien Mortgage Recording Date: Dec 23, 2019
  • First Open Lien Mortgage Loan Amount: $277,874
  • 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: Jan 01, 2050

    Market Valuation

  • Market Total Value: $312,667
  • Market Land Value: $164,715
  • Market Improvement Value: $147,952

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $220,189

    Sales

  • Current Sale Contract Date: Dec 19, 2019
  • Current Sale Recording Date: Dec 23, 2019
  • Current Sale Transaction ID: 11714313430
  • Current Sale Price: $290,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20190468400
  • Previous Sale Recording Date: Nov 03, 2015
  • Previous Sale Contract Date: Oct 06, 2015
  • Previous Sale Amount: $192,350
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STEARNS LENDING LLC
  • First Mortgage Transaction Date: Dec 23, 2019
  • First Mortgage Loan Amount: $277,874
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: ABSOLUTE HOME MORTGAGE CORP
  • Previous Mortgage Transaction Date: Nov 03, 2015
  • Previous Mortgage Loan Amount: $138,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Previous Mortgage Loan Due Date: Nov 01, 2045

About Congress Heights



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Frequently Asked Questions

What neighborhood is 2903 Laura Lane located in?
The 2903 Laura Lane is a multifamily located in the neighborhood of Congress Heights in Congress Heights, West Palm Beach.
How many listings are currently for sale in 2903 Laura Lane?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 2903 Laura Lane?
The average sales price for units in 2903 Laura Lane is $325,000 , or $215/sqft. currently.

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