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370 Marlborough Road

370 Marlborough Road, West Palm Beach, FL 33405
Sold May 11, 2023
$514,418
$1,604,286 by Five 25 Capital Llc
Mortgage Due Nov 01, 2024
Sold Mar 16, 2021
$535,000
$754,750 by Rcn Capital Llc
Mortgage Due Apr 01, 2022
370 Marlborough Road 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 1930 and is 94 years old. However, we must point out that the home was most recently renovated and altered in 1975. The home has a total of 6 bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 370 Marlborough Road has 3,941 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 130 ft and across the front of the lot is 910 ft. The area measurement of the land has been determined as 11,840 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. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as unsound. 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 wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A 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 wood siding. 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 central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with electricity. 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, 370 Marlborough Road sold most recently in Apr 18, 2023 for a total of $514,418. If you work out the math, that's approximately a cost of $125.31 per sqft. Before that, the property was also sold for $535,000 in Mar 5, 2021. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $19,077 in taxes each year. The initial year of tax delinquency occurred in 2022. 370 Marlborough Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $891,512. 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

Parking

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

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1975
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Unsound
  • Building Quality: A
  • Construction Type: Wood
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 11,840
  • Lot Size Depth Feet: 130
  • Lot Size Frontage Feet: 910
  • Total Building Area: 4,105
  • Gross Building Area: 4,105
  • Building Area: 3,941
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,941
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PROSPECT PARK SOUTH
  • Land Acres: 0.272
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PROSPECT PARK SOUTH S 1/2 OF LT 2 & LT 3 (LESS W 15.4 FT DIXIE HWY R/W) BLK D

Ownership

  • Current Owner : INDEX HOMES LLC
  • Previous Owner : MEDI SHIELD LLC
  • Owner Before Previous Owner: PAWLOWSKI ALICIA W
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jan 11, 2024

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 003400

Zoning

  • Zoning: MF20-C1

Geography

  • Assessors Map Reference: 179
  • Parcel: 74-43-43-34-05-004-0021
  • Block: D
  • Lot: 2,3
  • Meridian: SEC 34 TWN 43S RNG 43E
  • Municipality: WEST PALM BEACH
  • Latitude: 26.6843
  • Longitude: -80.0542

    Address

  • Full Address: 370 Marlborough Rd
  • Address - House Number: 370
  • Address - Street Name: Marlborough
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: West Palm Beach
  • Carrier Code: C001
  • 4-Digit Zip Code: 1619
  • Zip Code: 33405

Valuation

    Tax

  • Total Area: 3,948
  • Tax Year: 2022
  • Tax Amount: $19,077
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 74402

    Appraisal Valuation

  • Standard Deviation: 0.1887
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 75
  • Final Value: 1,271,411
  • High Value: 1,511,431
  • Low Value: 1,031,390

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,604,286
  • First Open Lien Mortgage Lender: FIVE 25 CAPITAL LLC
  • First Open Lien Mortgage Recording Date: May 11, 2023
  • First Open Lien Mortgage Loan Amount: $1,604,286
  • First Open Lien Mortgage Term: 17
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2024

    Market Valuation

  • Market Total Value: $891,512
  • Market Land Value: $792,000
  • Market Improvement Value: $99,512

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $891,512

    Sales

  • Current Sale Contract Date: Apr 18, 2023
  • Current Sale Recording Date: May 11, 2023
  • Current Sale Transaction ID: 11906895132
  • Current Sale Price: $514,418
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 159135
  • Previous Sale Recording Date: Mar 16, 2021
  • Previous Sale Contract Date: Mar 05, 2021
  • Previous Sale Amount: $535,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIVE 25 CAPITAL LLC
  • First Mortgage Transaction Date: May 11, 2023
  • First Mortgage Loan Amount: $1,604,286
  • First Mortgage Terms: 17
  • First Mortgage Loan Type: Balloon
  • First Mortgage Loan Due Date: Nov 01, 2024

    Previous Mortgages

  • Previous Mortgage Lender: RCN CAPITAL LLC
  • Previous Mortgage Transaction Date: Mar 16, 2021
  • Previous Mortgage Loan Amount: $754,750
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Apr 01, 2022

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Frequently Asked Questions

What neighborhood is 370 Marlborough Road located in?
The 370 Marlborough Road is a house located in the neighborhood of Prospect Park South in Prospect Park South, West Palm Beach.
What is the average sales price for listings in 370 Marlborough Road?
The average sales price for units in 370 Marlborough Road is $0 currently.

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