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412 7th Avenue North

412 7th Avenue North, Lake Worth, FL 33460
Property in Mango Groves
Sold Jun 07, 2021
$235,000
$485,000 by Everett Financial Inc
Mortgage Due Jun 01, 2051
Sold Dec 04, 2014
$86,900
$45,000 by Jan M Edelstein Accout #50-001
Mortgage Due Dec 01, 2044
Local assessors in Lake Worth, FL have categorized 412 7th Avenue North as a residential type of property. The home was built in 1938 and is 86 years old. It was most recently renovated and altered in 2000. The property's lot size has been calculated to be 1,751 square feet. The linear feet between the front and back of the lot was measured at 50 ft and the front of the lot was measured at 350 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There is a single bedroom in the home. For more details, please view your local government regulations on what counts as a legal bedroom. 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 412 7th Avenue North has a total of 676 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 228 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 unknown. 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 wood 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 alum/vinyl siding 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, 412 7th Avenue North sold most recently in May 28, 2021 for a total of $235,000. If you work out the math, that's approximately a cost of $347.63 per sqft. Before that, the property was also sold for $86,900 in Nov 26, 2014. 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 $4,520 in taxes each year. The initial year of tax delinquency occurred in 2020. 412 7th Avenue North was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $219,792. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

Driveway

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

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 228
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 1,751
  • Lot Size Depth Feet: 50
  • Lot Size Frontage Feet: 350
  • Total Building Area: 676
  • Gross Building Area: 676
  • Building Area: 676
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: None
  • Heated Square Feet: 676
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TOWN OF LAKE WORTH
  • Land Acres: 0.04
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN OF LAKE WORTH E 35 FT OF LT 1 BLK 222

Ownership

  • Current Owner : REIMER BRIAN EVERETT
  • Current Owner 2: BUCK MONICA
  • Previous Owner : EDELSTEIN JAN M
  • Previous Owner 2: THE SUNNY JOY TRUST
  • Owner Before Previous Owner: VLW HOLDINGS INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 005203

Zoning

  • Zoning: SF-TF-14

Geography

  • Assessors Map Reference: 242
  • Parcel: 38-43-44-21-15-222-0011
  • Block: 222
  • Lot: 1
  • Meridian: SEC 21 TWN 44S RNG 43E
  • Municipality: LAKE WORTH
  • Latitude: 26.6239
  • Longitude: -80.0527

    Address

  • Full Address: 412 7th Ave N
  • Address - House Number: 412
  • Street Segment Direction: N
  • Address - Street Name: 7th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Lake Worth Beach
  • Carrier Code: C007
  • 4-Digit Zip Code: 2602
  • Zip Code: 33460

Valuation

    Tax

  • Total Area: 665
  • Tax Year: 2022
  • Tax Amount: $4,520
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 38453

    Appraisal Valuation

  • Standard Deviation: 0.2017
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 72
  • Final Value: 346,303
  • High Value: 416,171
  • Low Value: 276,434

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $485,000
  • First Open Lien Mortgage Lender: EVERETT FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Jun 07, 2021
  • First Open Lien Mortgage Loan Amount: $485,000
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $219,792
  • Market Land Value: $112,813
  • Market Improvement Value: $106,979

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $219,792

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 28, 2021
  • Current Sale Recording Date: Jun 07, 2021
  • Current Sale Transaction ID: 11840906418
  • Current Sale Price: $235,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210260868
  • Previous Sale Recording Date: Dec 04, 2014
  • Previous Sale Contract Date: Nov 26, 2014
  • Previous Sale Amount: $86,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EVERETT FINANCIAL INC
  • First Mortgage Transaction Date: Jun 07, 2021
  • First Mortgage Loan Amount: $485,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: JAN M EDELSTEIN ACCOUT #50-001
  • Previous Mortgage Transaction Date: Dec 04, 2014
  • Previous Mortgage Loan Amount: $45,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2044

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Frequently Asked Questions

What neighborhood is 412 7th Avenue North located in?
The 412 7th Avenue North is a located in the neighborhood of Mango Groves in Mango Groves, Lake Worth.
What is the average sales price for listings in 412 7th Avenue North?
The average sales price for units in 412 7th Avenue North is $0 currently.

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