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3774 South 55th Avenue

3774 South 55th Avenue, Lake Worth, FL 33463
Property in Lake Worth Hills
Sold Jul 20, 2022
$375,000
$281,250 by Sunvest Mortgage Group Llc
Mortgage Due May 01, 2052
Sold Jun 30, 2005
$268,000
$214,400 by Option One Mortgage Corp
Mortgage Due Jul 01, 2035
Local assessors in Lake Worth, FL have categorized 3774 South 55th Avenue as a residential type of property. The home was built in 1962 and is 62 years old. It was most recently renovated and altered in 1985. The property's lot size has been calculated to be 7,205 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 600 ft. 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 3774 South 55th Avenue has a total of 1,584 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. 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 gable or hip style roof that was made of asphalt. 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, 3774 South 55th Avenue was last sold in Apr 29, 2022 for $375,000. According to our calculations, that's $227.55 per sqft. Prior to that sales transaction, the property was sold for $268,000 in Jun 23, 2005. Current property owners are expected to pay $1,022 in taxes per year. The property on 3774 South 55th Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $68,007. 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: 1962
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 0
  • 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: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Terrazzo
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,205
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,648
  • Gross Building Area: 1,648
  • Building Area: 1,584
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,584
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKE WORTH HILLS
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAKE WORTH HILLS LOT 5 BLK 8

Ownership

  • Current Owner : ACOSTA RUDY
  • Current Owner 2: LEIVA REBECCA
  • Previous Owner : MACIAS
  • Previous Owner 2: ANNA
  • Owner Before Previous Owner: MILLER JOE
  • Owner Before Previous Owner 2: MILLER THELMA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 004705

Zoning

  • Zoning: RL-3

Geography

  • Assessors Map Reference: 238
  • Parcel: 18-42-44-23-03-008-0050
  • Block: 8
  • Lot: 5
  • Meridian: SEC 23 TWN 44S RNG 42E
  • Municipality: GREENACRES
  • Latitude: 26.6223
  • Longitude: -80.1304

    Address

  • Full Address: 3774 S 55th Ave
  • Address - House Number: 3774
  • Street Direction: S
  • Address - Street Name: 55th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Greenacres
  • Carrier Code: C016
  • 4-Digit Zip Code: 3242
  • Zip Code: 33463

Valuation

    Tax

  • Total Area: 1,603
  • Tax Year: 2022
  • Tax Amount: $1,022
  • Tax Rate Code Area: 18982

    Appraisal Valuation

  • Standard Deviation: 0.2122
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 71
  • Final Value: 432,542
  • High Value: 524,333
  • Low Value: 340,752

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $281,250
  • First Open Lien Mortgage Lender: SUNVEST MORTGAGE GROUP LLC
  • First Open Lien Mortgage Recording Date: Jul 20, 2022
  • First Open Lien Mortgage Loan Amount: $281,250
  • 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: May 01, 2052

    Market Valuation

  • Market Total Value: $288,465
  • Market Land Value: $148,470
  • Market Improvement Value: $139,995

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $68,007

    Sales

  • Current Sale Contract Date: Apr 29, 2022
  • Current Sale Recording Date: Jul 20, 2022
  • Current Sale Transaction ID: 11893213206
  • Current Sale Price: $375,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 305744
  • Previous Sale Recording Date: Jun 30, 2005
  • Previous Sale Contract Date: Jun 23, 2005
  • Previous Sale Amount: $268,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUNVEST MORTGAGE GROUP LLC
  • First Mortgage Transaction Date: Jul 20, 2022
  • First Mortgage Loan Amount: $281,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: OPTION ONE MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jun 30, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $214,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2035

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Frequently Asked Questions

What neighborhood is 3774 South 55th Avenue located in?
The 3774 South 55th Avenue is a located in the neighborhood of Lake Worth Hills in Lake Worth Hills, Lake Worth.
What is the average sales price for listings in 3774 South 55th Avenue?
The average sales price for units in 3774 South 55th Avenue is $0 currently.

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