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5106 3rd Road

5106 3rd Road, Lake Worth, FL 33467
Property in Lake Worth
Sold Oct 30, 2020
$525,000
$420,000 by United Wholesale Mortgage
Mortgage Due Nov 01, 2050
Sold Oct 21, 2002
$235,000
Local assessors in Lake Worth, FL have categorized 5106 3rd Road as a residential type of property. The home was built in 1968 and is 56 years old. It was most recently renovated and altered in 1980. The property's lot size has been calculated to be 66,795 square feet. The linear feet between the front and back of the lot was measured at 3,050 ft and the front of the lot was measured at 2,190 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 5106 3rd Road has a total of 1,624 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 detached garage for those who need a place to park their vehicle. The garage on the property is 720 sqft. Do you like to entertain? The home has both a porch and a screened patio so you'll have great options in both the front and back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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. 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, 5106 3rd Road sold most recently in Oct 21, 2020 for a total of $525,000. If you work out the math, that's approximately a cost of $154.00 per sqft. Before that, the property was also sold for $235,000 in Aug 1, 2002. 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 $5,542 in taxes each year. 5106 3rd Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $343,596. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1980
  • Building Count: 2
  • 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
  • Floor Cover: Terrazzo
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 720
  • Parking Space Count: 0
  • Patio Type: Patio - screened
  • Porch Type: Porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 66,795
  • Lot Size Depth Feet: 3,050
  • Lot Size Frontage Feet: 2,190
  • Total Building Area: 3,409
  • Gross Building Area: 3,409
  • Building Area: 1,624
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,624
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PALM BEACH FARMS CO PL NO 3
  • Land Acres: 1.533
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PALM BEACH FARMS CO PL NO 3 S 219 FT OF TR 10 (LESS W 25 FT 3RD RD R/W) BLK 32

Ownership

  • Current Owner : RAMIREZ CARLOS H
  • Current Owner 2: LOPEZ MARIA MELVA
  • Previous Owner : DAVIS RODNEY
  • Previous Owner 2: DAVIS KATHLEEN
  • Owner Before Previous Owner: HELLIN INEZ
  • Owner Before Previous Owner 2: HELLIN DENNIS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 004823

Zoning

  • Zoning: AR

Geography

  • Assessors Map Reference: 157
  • Subdivision Tract Number: 10
  • Parcel: 00-42-43-27-05-032-0380
  • Block: 32
  • Meridian: SEC 27 TWN 43S RNG 42E
  • Municipality: UNINCORPORATED
  • Latitude: 26.601
  • Longitude: -80.1664

    Address

  • Full Address: 5106 3rd Rd
  • Address - House Number: 5106
  • Address - Street Name: 3rd
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Lake Worth
  • Carrier Code: R007
  • 4-Digit Zip Code: 5628
  • Zip Code: 33467

Valuation

    Tax

  • Total Area: 2,409
  • Tax Year: 2023
  • Tax Amount: $5,542
  • Tax Rate Code Area: 203

    Appraisal Valuation

  • Standard Deviation: 0.1653
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 815,157
  • High Value: 949,972
  • Low Value: 680,342

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $420,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 30, 2020
  • First Open Lien Mortgage Loan Amount: $420,000
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $603,702
  • Market Land Value: $389,538
  • Market Improvement Value: $214,164

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $343,596

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 21, 2020
  • Current Sale Recording Date: Oct 30, 2020
  • Current Sale Transaction ID: 11799840428
  • Current Sale Price: $525,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200414325
  • Previous Sale Recording Date: Oct 21, 2002
  • Previous Sale Contract Date: Aug 01, 2002
  • Previous Sale Amount: $235,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Oct 30, 2020
  • First Mortgage Loan Amount: $420,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

About Palm Beach



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Frequently Asked Questions

What neighborhood is 5106 3rd Road located in?
The 5106 3rd Road is a located in the neighborhood of Lake Worth in Palm Beach, Lake Worth.
What is the average sales price for listings in 5106 3rd Road?
The average sales price for units in 5106 3rd Road is $0 currently.

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