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5197 Canoe Bend Drive

5197 Canoe Bend Drive, Lake Worth, FL 33463
Property in Rivermill
Sold Dec 09, 2022
$500,000
$457,875 by Genhome Mortgage Corporation
Mortgage Due Jan 01, 2053
Sold Nov 05, 2003
$230,000
$218,500 by Chevy Chase Bank Fsb
Mortgage Due Nov 01, 2033
5197 Canoe Bend Drive has been categorized by the local assessors in Lake Worth, FL as a residential type of property. The building on the property was first built in 2001 and is 23 years old. However, we must point out that the home was most recently renovated and altered in 2006. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5197 Canoe Bend Drive has 1,986 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 4,426 square feet.

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 462 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a open porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. 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 masonry 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. The building has a wood truss style roof made of concrete. The exterior walls of the building are made of concrete block. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and 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, 5197 Canoe Bend Drive sold most recently in Dec 5, 2022 for a total of $500,000. If you work out the math, that's approximately a cost of $200.56 per sqft. Before that, the property was also sold for $230,000 in Oct 29, 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 $6,677 in taxes each year. 5197 Canoe Bend Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $410,778. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: Wood truss
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 4,426
  • Total Building Area: 2,493
  • Gross Building Area: 2,493
  • Building Area: 1,986
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,986
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIVERMILL
  • Land Acres: 0.102
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RIVERMILL LT 42

Ownership

  • Current Owner : ELIEN SHEVON S
  • Current Owner 2: GEDEON MARCILE
  • Previous Owner : BRONSTEIN ROBERT
  • Owner Before Previous Owner: GALLO JAMES V
  • Owner Before Previous Owner 2: GALLO SEANA N
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 005916

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 278
  • Parcel: 00-42-45-02-20-000-0420
  • Lot: 42
  • Meridian: SEC 02 TWN 45S RNG 42E
  • Municipality: UNINCORPORATED
  • Latitude: 26.5789
  • Longitude: -80.1248

    Address

  • Full Address: 5197 Canoe Bend Dr
  • Address - House Number: 5197
  • Address - Street Name: Canoe Bend
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Lake Worth
  • Carrier Code: R022
  • 4-Digit Zip Code: 7445
  • Zip Code: 33463

Valuation

    Tax

  • Total Area: 2,069
  • Tax Year: 2023
  • Tax Amount: $6,677
  • Tax Rate Code Area: 203

    Appraisal Valuation

  • Standard Deviation: 0.1912
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 542,855
  • High Value: 646,695
  • Low Value: 439,016

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $457,875
  • First Open Lien Mortgage Lender: GENHOME MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Dec 09, 2022
  • First Open Lien Mortgage Loan Amount: $457,875
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2053

    Market Valuation

  • Market Total Value: $410,778
  • Market Land Value: $105,162
  • Market Improvement Value: $305,616

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $410,778

    Sales

  • Current Sale Contract Date: Dec 05, 2022
  • Current Sale Recording Date: Dec 09, 2022
  • Current Sale Transaction ID: 11899918691
  • Current Sale Price: $500,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 487552
  • Previous Sale Recording Date: Nov 05, 2003
  • Previous Sale Contract Date: Oct 29, 2003
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GENHOME MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Dec 09, 2022
  • First Mortgage Loan Amount: $457,875
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: CHEVY CHASE BANK FSB
  • Previous Mortgage Transaction Date: Nov 05, 2003
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $218,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Nov 01, 2033

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Frequently Asked Questions

What neighborhood is 5197 Canoe Bend Drive located in?
The 5197 Canoe Bend Drive is a located in the neighborhood of Rivermill in Rivermill, Lake Worth.
What is the average sales price for listings in 5197 Canoe Bend Drive?
The average sales price for units in 5197 Canoe Bend Drive is $0 currently.

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