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4560 Island Reef Drive

4560 Island Reef Drive, Lake Worth, FL 33449
Sold Aug 31, 2016
$750,000
$417,000 by United Wholesale Mortgage
Mortgage Due Sep 01, 2046
Sold Jul 01, 2005
$782,395
$625,900 by Abn Amro Mortgage Group Inc
Mortgage Due Jul 01, 2035
4560 Island Reef Drive in Lake Worth, FL was first built in 2005 and is 19 years old. Although, the building on the property was most recently renovated and altered in 2010. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 4560 Island Reef Drive has 4,690 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,010 ft and the linear feet between the front and back of the lot is 1,220. In total, the area measurement of the land is 12,310 square feet.

Learn more about the property and building on this page. There is a open porch and a screened patio. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a flat style roof made of concrete. For those who need parking, there is a attached garage. The garage is 696 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as average. The exterior walls of the home are made of concrete block. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home 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, 4560 Island Reef Drive sold most recently in Aug 10, 2016 for a total of $750,000. If you work out the math, that's approximately a cost of $125.59 per sqft. Before that, the property was also sold for $782,395 in Jun 30, 2005. 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 $15,317 in taxes each year. 4560 Island Reef Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $813,513. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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!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: 2005
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Flat
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Marble
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 696
  • Parking Space Count: 2
  • Patio Type: Patio - screened
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 12,310
  • Lot Size Depth Feet: 1,220
  • Lot Size Frontage Feet: 1,010
  • Total Building Area: 5,972
  • Gross Building Area: 5,972
  • Building Area: 4,690
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,690
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ISLES AT WELLINGTON PL 4
  • Land Acres: 0.283
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ISLES AT WELLINGTON PL 4 LT 150

Ownership

  • Current Owner : BUI TRIMINH H
  • Current Owner 2: MILMAN IRINA
  • Previous Owner : KAVO NEIL
  • Previous Owner 2: KAVO HEIDE S
  • Owner Before Previous Owner: KENCO COMMUNITIES AT ISLE OF WELLINGTON
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 007770

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 233E
  • Parcel: 73-41-44-26-05-000-1500
  • Lot: 150
  • Meridian: SEC 26 TWN 44S RNG 41E
  • Municipality: WELLINGTON
  • Latitude: 26.6136
  • Longitude: -80.2304

    Address

  • Full Address: 4560 Island Reef Dr
  • Address - House Number: 4560
  • Address - Street Name: Island Reef
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Wellington
  • Carrier Code: R036
  • 4-Digit Zip Code: 8394
  • Zip Code: 33449

Valuation

    Tax

  • Total Area: 4,918
  • Tax Year: 2023
  • Tax Amount: $15,317
  • Tax Rate Code Area: 73486

    Appraisal Valuation

  • Standard Deviation: 0.1816
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 1,643,588
  • High Value: 1,942,219
  • Low Value: 1,344,958

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $1,059,800
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Aug 31, 2016
  • First Open Lien Mortgage Loan Amount: $417,000
  • 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, 2046
  • Second Open Lien Mortgage Lender: QUORUM FEDERAL CU
  • Second Open Lien Mortgage Recording Date: Aug 31, 2016
  • Second Open Lien Mortgage Loan Amount: $258,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2046
  • Third Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • Third Open Lien Mortgage Recording Date: Jan 08, 2021
  • Third Open Lien Mortgage Loan Amount: $384,800
  • Third Open Lien Mortgage Term: 180
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: New Conventional
  • Third Open Lien Mortgage Loan Due Date: Feb 01, 2036

    Market Valuation

  • Market Total Value: $1,246,604
  • Market Land Value: $407,358
  • Market Improvement Value: $839,246

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $813,513

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 10, 2016
  • Current Sale Recording Date: Aug 31, 2016
  • Current Sale Transaction ID: 1795869144
  • Current Sale Price: $750,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20160313476
  • Previous Sale Recording Date: Jul 01, 2005
  • Previous Sale Contract Date: Jun 30, 2005
  • Previous Sale Amount: $782,395
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Aug 31, 2016
  • First Mortgage Loan Amount: $417,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2046
  • Second Mortgage Lender: QUORUM FEDERAL CU
  • Second Mortgage Transaction Date: Aug 31, 2016
  • Second Mortgage Loan Amount: $258,000
  • Second Mortgage Terms: 360
  • Second Mortgage Loan Type: Unknown (DEFAULT)
  • Second Mortgage Loan Due Date: Sep 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: ABN AMRO MORTGAGE GROUP INC
  • Previous Mortgage Transaction Date: Jul 01, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $625,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Jul 01, 2035

About Isles at Wellington



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Frequently Asked Questions

What neighborhood is 4560 Island Reef Drive located in?
The 4560 Island Reef Drive is a located in the neighborhood of Isles at Wellington in Isles at Wellington, Lake Worth.
What is the average sales price for listings in 4560 Island Reef Drive?
The average sales price for units in 4560 Island Reef Drive is $0 currently.

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