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4624 Monarch Way

4624 Monarch Way, Pompano Beach, FL 33073
Property in Deerfield Beach
Sold Aug 10, 2022
$444,000
$355,200 by Nfm Inc
Mortgage Due Sep 01, 2052
Sold Aug 09, 2012
$228,700
$218,960 by Universal American Mortgage Co
Mortgage Due Aug 01, 2042
Local assessors in Pompano Beach, FL have categorized 4624 Monarch Way as a residential type of property. The home was built in 2012 and is 12 years old. It was most recently renovated and altered in 2013. The property's lot size has been calculated to be 1,254 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4624 Monarch Way has a total of 1,768 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 garage for those who need a place to park their vehicle. The garage on the property is 460 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the front 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 tile. 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. 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, 4624 Monarch Way was last sold in Aug 8, 2022 for $444,000. According to our calculations, that's $178.74 per sqft. Prior to that sales transaction, the property was sold for $228,700 in Jul 27, 2012. Current property owners are expected to pay $8,244 in taxes per year. The property on 4624 Monarch Way was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $404,750. To break that down further, the land itself was valued at $15,050. While improvements to the property were assessed at a total of $389,700. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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.

Building Features

Exterior

Block Exterior

Parking

Guest Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2013
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Townhouse
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Concrete
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 460
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 1,254
  • Total Building Area: 2,484
  • Gross Building Area: 2,484
  • Building Area: 1,768
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,768
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PALOMA LAKES PLAT 176-171 B
  • Land Acres: 0.029
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: PALOMA LAKES PLAT 176-171 B POR OF PAR A DESC AS:COMM SW COR PAR A,N 330.48,E 1223 TO POB, CONT E 57,S 22,W 57,N 22 TO POB AKA: LOT 8 PARCEL 20 UNIT 2008

Ownership

  • Current Owner : ESCORIAZA JESUS ALEXANDER
  • Current Owner 2: ESCORIAZA ANA
  • Previous Owner : CANNAN
  • Previous Owner 2: REBECCA
  • Owner Before Previous Owner: LENNAR HOMES LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Broward County School District
  • Census Tract: 010606

Zoning

  • Zoning: PUD

Geography

  • District: 3212I
  • Parcel: 48-42-18-22-0920
  • Lot: 8
  • Meridian: SEC 18 TWN 48S RNG 42E
  • Municipality: COCONUT CREEK
  • Latitude: 26.2868
  • Longitude: -80.1867

    Address

  • Full Address: 4624 Monarch Way
  • Address - House Number: 4624
  • Address - Street Name: Monarch
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Coconut Creek
  • Carrier Code: R012
  • 4-Digit Zip Code: 3404
  • Zip Code: 33073

Valuation

    Tax

  • Total Area: 1,861
  • Tax Year: 2023
  • Tax Amount: $8,244
  • Tax Rate Code Area: 3212I

    Appraisal Valuation

  • Standard Deviation: 0.1641
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 79
  • Final Value: 536,292
  • High Value: 624,313
  • Low Value: 448,272

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $435,200
  • First Open Lien Mortgage Lender: NFM INC
  • First Open Lien Mortgage Recording Date: Aug 10, 2022
  • First Open Lien Mortgage Loan Amount: $355,200
  • 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, 2052
  • Second Open Lien Mortgage Lender: TRUIST BANK
  • Second Open Lien Mortgage Recording Date: Mar 18, 2024
  • Second Open Lien Mortgage Loan Amount: $80,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jan 29, 2054

    Market Valuation

  • Market Total Value: $404,750
  • Market Land Value: $15,050
  • Market Improvement Value: $389,700

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $404,750
  • Assessed Land Value: $15,050
  • Assessed Improvements Value: $389,700

    Sales

  • Current Sale Contract Date: Aug 08, 2022
  • Current Sale Recording Date: Aug 10, 2022
  • Current Sale Transaction ID: 11894425890
  • Current Sale Price: $444,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 118330871
  • Previous Sale Recording Date: Aug 09, 2012
  • Previous Sale Contract Date: Jul 27, 2012
  • Previous Sale Amount: $228,700
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NFM INC
  • First Mortgage Transaction Date: Aug 10, 2022
  • First Mortgage Loan Amount: $355,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: UNIVERSAL AMERICAN MORTGAGE CO
  • Previous Mortgage Transaction Date: Aug 09, 2012
  • Previous Mortgage Loan Amount: $218,960
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2042

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Frequently Asked Questions

What neighborhood is 4624 Monarch Way located in?
The 4624 Monarch Way is a located in the neighborhood of Deerfield Beach in Coconut Creek, Pompano Beach.
What is the average sales price for listings in 4624 Monarch Way?
The average sales price for units in 4624 Monarch Way is $0 currently.

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