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5021 Magnolia Bay Circle

5021 Magnolia Bay Circle, Palm Beach Gardens, FL 33418
Townhouse in Magnolia Bay
5021 Magnolia Bay Circle has been categorized by the local assessors in Palm Beach Gardens, FL as a residential type of property. The building on the property was first built in 2004 and is 20 years old. The home has a total of 2 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. In addition, 5021 Magnolia Bay Circle has 1,862 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 4,765 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse style.

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 441 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. 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 concrete block 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. 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, 5021 Magnolia Bay Circle sold most recently in Dec 4, 2020 for a total of $462,500. If you work out the math, that's approximately a cost of $248.39 per sqft. Before that, the property was also sold for $365,000 in Oct 1, 2019. 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 $6,608 in taxes each year. The initial year of tax delinquency occurred in 2019. 5021 Magnolia Bay Circle was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $381,114. 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.

Building Features

Exterior

Concrete Exterior

Driveway

Driveway

Parking

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

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220516
05/16/2022
2 Bed
2 Bath
1708 ft²
$724,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1708 ft²
-
-
-
Jenifer Rosenthal
Lang Realty/Jupiter
20191123
11/23/2019
2 Bed
2 Bath
1708 ft²
$489,900
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1708 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Concrete block
  • Building Style: Townhouse
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 441
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,765
  • Total Building Area: 1,862
  • Gross Building Area: 1,862
  • Building Area: 1,862
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,862
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MAGNOLIA BAY
  • Land Acres: 0.109
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: MAGNOLIA BAY LT 149

Ownership

  • Current Owner : LOVINGER ROBERT D
  • Current Owner 2: LOVINGER DEBRA A
  • Previous Owner : DIBIASE FRANK
  • Owner Before Previous Owner: WILLIS JAMES R
  • Owner Before Previous Owner 2: WILLIS LIVING TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 000219

Zoning

  • Zoning: RL3

Geography

  • Assessors Map Reference: 45
  • Parcel: 52-42-41-25-09-000-1490
  • Lot: 149
  • Meridian: SEC 25 TWN 41S RNG 42E
  • Municipality: PALM BEACH GARDENS
  • Latitude: 26.8702
  • Longitude: -80.1047

    Address

  • Full Address: 5021 Magnolia Bay Cir
  • Address - House Number: 5021
  • Address - Street Name: Magnolia Bay
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Palm Beach Gardens
  • Carrier Code: H026
  • 4-Digit Zip Code: 6732
  • Zip Code: 33418

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,608
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 52461

    Appraisal Valuation

  • Standard Deviation: 0.0858
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 93
  • Final Value: 734,861
  • High Value: 797,979
  • Low Value: 671,742

    Market Valuation

  • Market Total Value: $420,220
  • Market Improvement Value: $420,220

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $381,114

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 04, 2020
  • Current Sale Recording Date: Dec 11, 2020
  • Current Sale Transaction ID: 11807942191
  • Current Sale Price: $462,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200474922
  • Previous Sale Recording Date: Oct 10, 2019
  • Previous Sale Contract Date: Oct 01, 2019
  • Previous Sale Amount: $365,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN FINANCIAL NETWORK INC
  • First Mortgage Transaction Date: Dec 11, 2020
  • First Mortgage Loan Amount: $400,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

About Magnolia Bay



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Frequently Asked Questions

What neighborhood is 5021 Magnolia Bay Circle located in?
The 5021 Magnolia Bay Circle is a townhouse located in the neighborhood of Magnolia Bay in Magnolia Bay, Palm Beach Gardens.
What is the average sales price for listings in 5021 Magnolia Bay Circle?
The average sales price for units in 5021 Magnolia Bay Circle is $0 currently.

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