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503 South E Street

503 South E Street, Lake Worth, FL 33460
Property in Hope
Sold Apr 11, 2023
$210,000
$100,000 by Dba The Mortgage Shop
Mortgage Due Apr 01, 2032
Sold Aug 05, 2003
$49,000
$45,000 by Capital Homes & Investments In
Mortgage Due Jul 16, 2005
Local assessors in Lake Worth, FL have categorized 503 South E Street as a residential type of property. The home was built in 1925 and is 99 years old. It was most recently renovated and altered in 1970. The property's lot size has been calculated to be 3,376 square feet. The linear feet between the front and back of the lot was measured at 1,350 ft and the front of the lot was measured at 250 ft. 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, 2 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 is one full bathroom. There is also a partial bathroom. 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 503 South E Street has a total of 708 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 unknown and a unknown 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 wood 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 flat style roof that was made of asphalt and ply sheets in a built-up roof style. Lots of stucco were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. Residents rely on a packaged air conditioning unit for their cooling system. The home's no heating system is the primary heating source and it is being fueled with nothing. 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, 503 South E Street sold most recently in Apr 6, 2023 for a total of $210,000. If you work out the math, that's approximately a cost of $266.50 per sqft. Before that, the property was also sold for $49,000 in Jul 16, 2003. 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 $2,246 in taxes each year. 503 South E Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $51,269. 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. 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.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

Stucco Exterior

Parking

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Plaster
  • Roof Shape Type: Flat
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,376
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 250
  • Total Building Area: 788
  • Gross Building Area: 788
  • Building Area: 708
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: None
  • Heated Square Feet: 708
  • Heating Fuel Type: None

    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 18 BLK 183

Ownership

  • Current Owner : DOSSANTOS JORGE FABIO
  • Previous Owner : TRUST NO 503
  • Owner Before Previous Owner: FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Ownership Rights Codes: Single/unmarried man
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jan 11, 2024

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 005101

Zoning

  • Zoning: MU-E

Geography

  • Assessors Map Reference: 242
  • Parcel: 38-43-44-21-15-183-0180
  • Block: 183
  • Lot: 18
  • Meridian: SEC 21 TWN 44S RNG 43E
  • Municipality: LAKE WORTH
  • Latitude: 26.6098
  • Longitude: -80.0619

    Address

  • Full Address: 503 S E St
  • Address - House Number: 503
  • Street Direction: S
  • Address - Street Name: E
  • Address - Suffix Type: St
  • State: FL
  • City Name: Lake Worth Beach
  • Carrier Code: C002
  • 4-Digit Zip Code: 4311
  • Zip Code: 33460

Valuation

    Tax

  • Total Area: 726
  • Tax Year: 2022
  • Tax Amount: $2,246
  • Tax Rate Code Area: 38453

    Appraisal Valuation

  • Standard Deviation: 0.1897
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 74
  • Final Value: 218,997
  • High Value: 260,549
  • Low Value: 177,445

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: DBA THE MORTGAGE SHOP
  • First Open Lien Mortgage Recording Date: Mar 23, 2002
  • First Open Lien Mortgage Loan Amount: $100,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2032

    Market Valuation

  • Market Total Value: $139,632
  • Market Land Value: $73,500
  • Market Improvement Value: $66,132

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $51,269

    Sales

  • Current Sale Contract Date: Apr 06, 2023
  • Current Sale Recording Date: Apr 11, 2023
  • Current Sale Transaction ID: 11905595123
  • Current Sale Price: $210,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 118034
  • Previous Sale Recording Date: Aug 05, 2003
  • Previous Sale Contract Date: Jul 16, 2003
  • Previous Sale Amount: $49,000
  • Previous Sale Document Type: Special Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: CAPITAL HOMES & INVESTMENTS IN
  • Previous Mortgage Transaction Date: Aug 05, 2003
  • Previous Mortgage Loan Amount: $45,000
  • Previous Mortgage Term: 24
  • Previous Mortgage Loan Type: Balloon
  • Previous Mortgage Loan Due Date: Jul 16, 2005

About Hope



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Frequently Asked Questions

What neighborhood is 503 South E Street located in?
The 503 South E Street is a located in the neighborhood of Hope in Hope, Lake Worth.
What is the average sales price for listings in 503 South E Street?
The average sales price for units in 503 South E Street is $0 currently.

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