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424 Gulf Road

424 Gulf Road, North Palm Beach, FL 33408
Sold Aug 24, 2023
$850,000
$680,000 by Crosscountry Mortgage, Llc
Mortgage Due Sep 01, 2053
Sold May 19, 2021
$533,000
$426,400 by Home Point Financial Corporati
Mortgage Due Jun 01, 2051
424 Gulf Road has been categorized by the local assessors in North Palm Beach, FL as a residential type of property. The building on the property was first built in 1958 and is 66 years old. However, we must point out that the home was most recently renovated and altered in 1998. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 424 Gulf Road has 1,781 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 1,010 ft and across the front of the lot is 780 ft. The area measurement of the land has been determined as 7,893 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 324 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a porch and a screened patio. 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 average. 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 masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C 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 concrete block. While the interior walls have been made of minimum/plywood materials. 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. There is a single fireplace in the home. Perfect for those wintery nights. 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, 424 Gulf Road was last sold in Aug 21, 2023 for $850,000. According to our calculations, that's $385.84 per sqft. Prior to that sales transaction, the property was sold for $533,000 in May 14, 2021. Current property owners are expected to pay $11,451 in taxes per year. The property on 424 Gulf Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $548,178. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 4
  • 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: Minimum/playwood materials
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 324
  • Parking Space Count: 1
  • Patio Type: Patio - screened
  • Porch Type: Porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,893
  • Lot Size Depth Feet: 1,010
  • Lot Size Frontage Feet: 780
  • Total Building Area: 2,203
  • Gross Building Area: 2,203
  • Building Area: 1,781
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,781
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VILLAGE OF NORTH PALM BEACH
  • Land Acres: 0.181
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VILLAGE OF NORTH PALM BEACH 1 LT 7 BLK 13

Ownership

  • Current Owner : WOLFE LEO
  • Current Owner 2: SAVITSKAYA ALA
  • Previous Owner : GATES DAVID SCOTT
  • Previous Owner 2: GATES CARRIE ANNE
  • Owner Before Previous Owner: KING GREGORY A
  • Owner Before Previous Owner 2: KING LISA F
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 000702

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 78
  • Parcel: 68-43-42-16-02-013-0070
  • Block: 13
  • Lot: 7
  • Meridian: SEC 16 TWN 42S RNG 43E
  • Municipality: NORTH PALM BEACH
  • Latitude: 26.8142
  • Longitude: -80.0608

    Address

  • Full Address: 424 Gulf Rd
  • Address - House Number: 424
  • Address - Street Name: Gulf
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: North Palm Beach
  • Carrier Code: C024
  • 4-Digit Zip Code: 4829
  • Zip Code: 33408

Valuation

    Tax

  • Total Area: 1,965
  • Tax Year: 2023
  • Tax Amount: $11,451
  • Tax Rate Code Area: 68401

    Appraisal Valuation

  • Standard Deviation: 0.1744
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 877,747
  • High Value: 1,030,904
  • Low Value: 724,590

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $680,000
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE, LLC
  • First Open Lien Mortgage Recording Date: Aug 24, 2023
  • First Open Lien Mortgage Loan Amount: $680,000
  • 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: Sep 01, 2053

    Market Valuation

  • Market Total Value: $639,886
  • Market Land Value: $350,000
  • Market Improvement Value: $289,886

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $548,178

    Sales

  • Current Sale Contract Date: Aug 21, 2023
  • Current Sale Recording Date: Aug 24, 2023
  • Current Sale Transaction ID: 11912437988
  • Current Sale Price: $850,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 292782
  • Previous Sale Recording Date: May 19, 2021
  • Previous Sale Contract Date: May 14, 2021
  • Previous Sale Amount: $533,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE, LLC
  • First Mortgage Transaction Date: Aug 24, 2023
  • First Mortgage Loan Amount: $680,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • Previous Mortgage Transaction Date: May 19, 2021
  • Previous Mortgage Loan Amount: $426,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2051

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Frequently Asked Questions

What neighborhood is 424 Gulf Road located in?
The 424 Gulf Road is a located in the neighborhood of North Palm Beach Village in North Palm Beach Village, North Palm Beach.
What is the average sales price for listings in 424 Gulf Road?
The average sales price for units in 424 Gulf Road is $0 currently.

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