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321 Masters Road

321 Masters Road, Lake Worth, FL 33461
Sold May 04, 2018
$245,000
$240,562 by United Wholesale Mortgage
Mortgage Due Jun 01, 2048
321 Masters Road in Lake Worth, FL was first built in 1960 and is 64 years old. Although, the building on the property was most recently renovated and altered in 1970. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 321 Masters Road has 1,619 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 770 ft and the linear feet between the front and back of the lot is 1,230. In total, the area measurement of the land is 9,435 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable or hip style roof made of asphalt and ply sheets in a built-up roof style. For those who need parking, there is a carport. The garage is 268 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of concrete block. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home 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, 321 Masters Road was last sold in May 3, 2018 for $245,000. According to our calculations, that's $82.57 per sqft. Current property owners are expected to pay $4,795 in taxes per year. The property on 321 Masters Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $257,241. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1960
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 2
  • 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: Gable or hip
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Terrazzo
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 268
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,435
  • Lot Size Depth Feet: 1,230
  • Lot Size Frontage Feet: 770
  • Total Building Area: 2,967
  • Gross Building Area: 2,967
  • Building Area: 1,619
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,619
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VILLAGE OF PALM SPRINGS PLAT 2LT
  • Land Acres: 0.217
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VILLAGE OF PALM SPRINGS PLAT 2LT 5 BLK 1

Ownership

  • Current Owner : PATINO MANUEL EDUARDO RAMIREZ
  • Previous Owner : GERLACH MARGARET I
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 004601

Zoning

  • Zoning: RS

Geography

  • Assessors Map Reference: 227
  • Parcel: 70-43-44-18-07-001-0050
  • Block: 1
  • Lot: 5
  • Meridian: SEC 18 TWN 44S RNG 43E
  • Municipality: PALM SPRINGS
  • Latitude: 26.631
  • Longitude: -80.0981

    Address

  • Full Address: 321 Masters Rd
  • Address - House Number: 321
  • Address - Street Name: Masters
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Palm Springs
  • Carrier Code: C047
  • 4-Digit Zip Code: 2409
  • Zip Code: 33461

Valuation

    Tax

  • Total Area: 2,048
  • Tax Year: 2022
  • Tax Amount: $4,795
  • Tax Rate Code Area: 70453

    Appraisal Valuation

  • Standard Deviation: 0.2152
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 70
  • Final Value: 480,669
  • High Value: 584,120
  • Low Value: 377,218

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $251,491
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: May 04, 2018
  • First Open Lien Mortgage Loan Amount: $240,562
  • 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: Jun 01, 2048
  • Second Open Lien Mortgage Lender: DEPARTMENT OF HOUSING & URBAN
  • Second Open Lien Mortgage Recording Date: Sep 14, 2020
  • Second Open Lien Mortgage Loan Amount: $10,929
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $312,029
  • Market Land Value: $171,418
  • Market Improvement Value: $140,611

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $257,241

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 03, 2018
  • Current Sale Recording Date: May 04, 2018
  • Current Sale Transaction ID: 11464377515
  • Current Sale Price: $245,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20180173784

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: May 04, 2018
  • First Mortgage Loan Amount: $240,562
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2048

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Frequently Asked Questions

What neighborhood is 321 Masters Road located in?
The 321 Masters Road is a located in the neighborhood of Palm Springs Village in Palm Springs Village, Lake Worth.
What is the average sales price for listings in 321 Masters Road?
The average sales price for units in 321 Masters Road is $0 currently.

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