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3820 South 55th Avenue

3820 South 55th Avenue, Lake Worth, FL 33463
Property in Lake Worth Hills
Sold Mar 31, 2021
$215,500
$172,400 by United Wholesale Mortgage
Mortgage Due Apr 01, 2051
Local assessors in Lake Worth, FL have categorized 3820 South 55th Avenue as a residential type of property. The home was built in 1961 and is 63 years old. It was most recently renovated and altered in 1985. The property's lot size has been calculated to be 8,616 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 720 ft. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. 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 3820 South 55th Avenue has a total of 878 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 plaster. As for flooring, was the material of choice during construction. Residents rely on a packaged air conditioning unit for their cooling system. The home's no heating system is the primary heating source and it is being fueled with nothing. 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, 3820 South 55th Avenue sold most recently in Mar 18, 2021 for a total of $215,500. If you work out the math, that's approximately a cost of $197.16 per sqft. 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 $5,186 in taxes each year. 3820 South 55th Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $242,593. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1961
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Plaster
  • 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: 8,616
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 720
  • Total Building Area: 1,093
  • Gross Building Area: 1,093
  • Building Area: 878
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: None
  • Heated Square Feet: 878
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKE WORTH HILLS
  • Land Acres: 0.198
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAKE WORTH HILLS LOT 1 BLK 8

Ownership

  • Current Owner : MUNNA MD AKTARUZZAMAN
  • Previous Owner : FRIEDMAN SCOTT L
  • Previous Owner 2: SILVERGLATE RHONDA S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: RL-3

Geography

  • Assessors Map Reference: 238
  • Parcel: 18-42-44-23-03-008-0010
  • Block: 8
  • Lot: 1
  • Meridian: SEC 23 TWN 44S RNG 42E
  • Municipality: GREENACRES
  • Latitude: 26.6217
  • Longitude: -80.1304

    Address

  • Full Address: 3820 S 55th Ave
  • Address - House Number: 3820
  • Street Direction: S
  • Address - Street Name: 55th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Greenacres
  • Carrier Code: C016
  • 4-Digit Zip Code: 3243
  • Zip Code: 33463

Valuation

    Tax

  • Total Area: 959
  • Tax Year: 2022
  • Tax Amount: $5,186
  • Tax Rate Code Area: 18982

    Appraisal Valuation

  • Standard Deviation: 0.2186
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 70
  • Final Value: 355,217
  • High Value: 432,881
  • Low Value: 277,553

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $172,400
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Mar 31, 2021
  • First Open Lien Mortgage Loan Amount: $172,400
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $242,593
  • Market Land Value: $155,530
  • Market Improvement Value: $87,063

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $242,593

    Sales

  • Current Sale Contract Date: Mar 18, 2021
  • Current Sale Recording Date: Mar 31, 2021
  • Current Sale Transaction ID: 11830850140
  • Current Sale Price: $215,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210143690

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Mar 31, 2021
  • First Mortgage Loan Amount: $172,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

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Frequently Asked Questions

What neighborhood is 3820 South 55th Avenue located in?
The 3820 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 3820 South 55th Avenue?
The average sales price for units in 3820 South 55th Avenue is $0 currently.

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