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502 Southwest 5th Avenue

502 Southwest 5th Avenue, Delray Beach, FL 33444
Property in Rosemont Gardens
Sold Jun 10, 2022
$130,000
Local assessors in Delray Beach, FL have categorized 502 Southwest 5th Avenue as a residential type of property. The home was built in 1972 and is 52 years old. It was most recently renovated and altered in 1977. The property's lot size has been calculated to be 7,453 square feet. The linear feet between the front and back of the lot was measured at 1,410 ft and the front of the lot was measured at 530 ft. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. 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 502 Southwest 5th Avenue has a total of 1,444 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 open porch and a patio 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 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. The home's a forced air unit is the primary heating source and it is being fueled with electricity. 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, 502 Southwest 5th Avenue was last sold in Apr 12, 2022 for $130,000. According to our calculations, that's $82.28 per sqft. Current property owners are expected to pay $5,069 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2023. The property on 502 Southwest 5th Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $216,219. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1977
  • Building Count: 1
  • Bedroom Count: 0
  • 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: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,453
  • Lot Size Depth Feet: 1,410
  • Lot Size Frontage Feet: 530
  • Total Building Area: 1,580
  • Gross Building Area: 1,580
  • Building Area: 1,444
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,444
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROSEMONT GARDENS
  • Land Acres: 0.171
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ROSEMONT GARDENS UNIT B LOT 13 BLK 4

Ownership

  • Current Owner : BALLARD KEVIN
  • Current Owner 2: HATCHER POLLY A
  • Previous Owner : ANN HATCHER POLLY
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 006802

Zoning

  • Zoning: R-1-A

Geography

  • Assessors Map Reference: 351
  • Parcel: 12-43-46-20-31-004-0130
  • Block: 4
  • Lot: 13
  • Meridian: SEC 20 TWN 46S RNG 43E
  • Municipality: DELRAY BEACH
  • Latitude: 26.4534
  • Longitude: -80.0782

    Address

  • Full Address: 502 Sw 5th Ave
  • Legal Unit: B
  • Address - House Number: 502
  • Street Direction: SW
  • Address - Street Name: 5th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Delray Beach
  • Carrier Code: C063
  • 4-Digit Zip Code: 2410
  • Zip Code: 33444

Valuation

    Tax

  • Total Area: 1,482
  • Tax Year: 2023
  • Tax Amount: $5,069
  • Intital Tax Deliquent Year: 2023
  • Tax Rate Code Area: 12987

    Appraisal Valuation

  • Standard Deviation: 0.0861
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 93
  • Final Value: 473,046
  • High Value: 513,792
  • Low Value: 432,299

    Market Valuation

  • Market Total Value: $325,963
  • Market Land Value: $111,381
  • Market Improvement Value: $214,582

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $216,219

    Sales

  • Current Sale Contract Date: Apr 12, 2022
  • Current Sale Recording Date: Jun 10, 2022
  • Current Sale Transaction ID: 11894685533
  • Current Sale Price: $130,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 252288

    Last Sale Mortgage

  • First Mortgage Lender: JOHN TOUTLOFF ISAOA ATIMA
  • First Mortgage Transaction Date: Jun 10, 2022
  • First Mortgage Loan Amount: $90,000
  • First Mortgage Terms: 14
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Sep 01, 2023

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Frequently Asked Questions

What neighborhood is 502 Southwest 5th Avenue located in?
The 502 Southwest 5th Avenue is a located in the neighborhood of Rosemont Gardens in Rosemont Gardens, Delray Beach.
What is the average sales price for listings in 502 Southwest 5th Avenue?
The average sales price for units in 502 Southwest 5th Avenue is $0 currently.

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