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524 Lighthouse Drive

524 Lighthouse Drive, North Palm Beach, FL 33408
Sold Aug 17, 2023
$645,000
- Private -
Buyer
- Private -
Seller
Sold Aug 30, 2016
$290,000
- Private -
Buyer
- Private -
Seller
- Loan Balance Private -
By American Financial Network Inc
Mortgage Due Sep 01, 2041
524 Lighthouse Drive in North Palm Beach, FL was first built in 1958 and is 66 years old. Although, the building on the property was most recently renovated and altered in 1973. 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. 524 Lighthouse Drive has 1,698 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 920 ft and the linear feet between the front and back of the lot is 100. In total, the area measurement of the land is 9,121 square feet.

Learn more about the property and building on this page. There is a patio. The home has a gable or hip style roof made of asphalt. For those who need parking, there is a attached garage. The garage is 325 sqft. There is one available parking space. 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 masonry 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 block. While the interior walls are made of plaster. 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. 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, 524 Lighthouse Drive sold most recently in Aug 7, 2023 for a total of $645,000. If you work out the math, that's approximately a cost of $318.83 per sqft. Before that, the property was also sold for $290,000 in Aug 29, 2016. 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 $5,075 in taxes each year. 524 Lighthouse Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $290,117. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1973
  • Building Count: 1
  • Bedroom Count: 3
  • 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: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 325
  • Parking Space Count: 1
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 9,121
  • Lot Size Depth Feet: 100
  • Lot Size Frontage Feet: 920
  • Total Building Area: 2,023
  • Gross Building Area: 2,023
  • Building Area: 1,698
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,698
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VILLAGE OF NORTH PALM BEACH
  • Land Acres: 0.209
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VILLAGE OF NORTH PALM BEACH 1 LT 3 BLK 22

Ownership

  • Current Owner : - Private -
  • Previous Owner : - Private -
  • Previous Owner 2: - Private -
  • Owner Before Previous Owner: - Private -
  • Ownership Rights Codes: - Private -
  • Current Owner Is a Corporation Indicator: - Private -

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 000702

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 78
  • Parcel: 68-43-42-16-02-022-0030
  • Block: 22
  • Lot: 3
  • Meridian: SEC 16 TWN 42S RNG 43E
  • Municipality: NORTH PALM BEACH
  • Latitude: 26.817
  • Longitude: -80.0642

    Address

  • Full Address: 524 Lighthouse Dr
  • Address - House Number: 524
  • Address - Street Name: Lighthouse
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: North Palm Beach
  • Carrier Code: C011
  • 4-Digit Zip Code: 4341
  • Zip Code: 33408

Valuation

    Tax

  • Total Area: 1,835
  • Tax Year: 2023
  • Tax Amount: $5,075
  • Tax Rate Code Area: 68401

    Appraisal Valuation

  • Standard Deviation: 0.1937
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 699,366
  • High Value: 834,841
  • Low Value: 563,890

    Market Valuation

  • Market Total Value: $532,499
  • Market Land Value: $350,000
  • Market Improvement Value: $182,499

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $290,117

    Sales

  • Current Sale Contract Date: Aug 07, 2023
  • Current Sale Recording Date: Aug 17, 2023
  • Current Sale Transaction ID: 11911869700
  • Current Sale Price: $645,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 283246
  • Previous Sale Recording Date: Aug 30, 2016
  • Previous Sale Contract Date: Aug 29, 2016
  • Previous Sale Amount: $290,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: - Private -
  • Previous Mortgage Transaction Date: - Private -
  • Previous Mortgage Loan Amount: - Private -
  • Previous Mortgage Term: - Private -
  • Previous Mortgage Loan Type: - Private -
  • Previous Mortgage Loan Due Date: - Private -

About North Palm Beach Village



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Frequently Asked Questions

What neighborhood is 524 Lighthouse Drive located in?
The 524 Lighthouse Drive is a located in the neighborhood of North Palm Beach Village in North Palm Beach Village, North Palm Beach.
What is the average sales price for listings in 524 Lighthouse Drive?
The average sales price for units in 524 Lighthouse Drive is $0 currently.

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