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503 North K Street

503 North K Street, Lake Worth, FL 33460
Sold Mar 05, 2021
$346,000
$311,400 by Capital Partners Mortgage Llc
Mortgage Due Feb 01, 2051
Sold Nov 15, 2018
$16,900
503 North K Street in Lake Worth, FL was first built in 2020 and is 4 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 503 North K Street has 1,294 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 250 ft and the linear feet between the front and back of the lot is 130. In total, the area measurement of the land is 3,376 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a wood truss style roof made of asphalt. 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 concrete block control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of concrete. 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. 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, 503 North K Street was last sold in Dec 3, 2020 for $346,000. According to our calculations, that's $259.76 per sqft. Prior to that sales transaction, the property was sold for $16,900 in Nov 15, 2018. Current property owners are expected to pay $7,521 in taxes per year. The property on 503 North K Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $371,066. 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. 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

Condition

New Construction

Exterior

Concrete Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Wood truss
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,376
  • Lot Size Depth Feet: 130
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,332
  • Gross Building Area: 1,332
  • Building Area: 1,294
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,294
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TOWN OF LAKE WORTH
  • Land Acres: 0.078
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN OF LAKE WORTH LT 31 BLK 152

Ownership

  • Current Owner : GRASS CAROLINE
  • Current Owner 2: SHAMSI BASHA ZADE
  • Previous Owner : CONSTRU AMERICAN LLC
  • Owner Before Previous Owner: PALM BEACH COUNTY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 005203

Zoning

  • Zoning: SF-TF-14

Geography

  • Assessors Map Reference: 242
  • Parcel: 38-43-44-21-15-152-0310
  • Block: 152
  • Lot: 31
  • Meridian: SEC 21 TWN 44S RNG 43E
  • Municipality: LAKE WORTH
  • Latitude: 26.6216
  • Longitude: -80.0554

    Address

  • Full Address: 503 N K St
  • Address - House Number: 503
  • Street Direction: N
  • Address - Street Name: K
  • Address - Suffix Type: St
  • State: FL
  • City Name: Lake Worth Beach
  • Carrier Code: C007
  • 4-Digit Zip Code: 3021
  • Zip Code: 33460

Valuation

    Tax

  • Total Area: 1,305
  • Tax Year: 2022
  • Tax Amount: $7,521
  • Tax Rate Code Area: 38453

    Appraisal Valuation

  • Standard Deviation: 0.1963
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 73
  • Final Value: 558,998
  • High Value: 668,758
  • Low Value: 449,238

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $311,400
  • First Open Lien Mortgage Lender: CAPITAL PARTNERS MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Mar 05, 2021
  • First Open Lien Mortgage Loan Amount: $311,400
  • 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: Feb 01, 2051

    Market Valuation

  • Market Total Value: $371,066
  • Market Land Value: $111,375
  • Market Improvement Value: $259,691

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $371,066

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 03, 2020
  • Current Sale Recording Date: Mar 05, 2021
  • Current Sale Transaction ID: 11825035619
  • Current Sale Price: $346,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210102762
  • Previous Sale Recording Date: Nov 15, 2018
  • Previous Sale Contract Date: Nov 15, 2018
  • Previous Sale Amount: $16,900
  • Previous Sale Document Type: Public Action - Common in Florida (Clerks Tax Deed or Tax Deeds or property sold for taxes.

    Last Sale Mortgage

  • First Mortgage Lender: CAPITAL PARTNERS MORTGAGE LLC
  • First Mortgage Transaction Date: Mar 05, 2021
  • First Mortgage Loan Amount: $311,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

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Frequently Asked Questions

What neighborhood is 503 North K Street located in?
The 503 North K Street is a house located in the neighborhood of Mango Groves in Mango Groves, Lake Worth.
What is the average sales price for listings in 503 North K Street?
The average sales price for units in 503 North K Street is $0 currently.

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