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5435 Old Spanish Trail Road

5435 Old Spanish Trail Road, Lake Worth, FL 33462
Property in Sand Castle
Sold May 08, 2023
$305,000
$299,475 by United Wholesale Mortgage Llc
Mortgage Due Apr 01, 2053
Sold Aug 10, 2021
$216,000
$212,087 by Highlands Residential Mortgage
Mortgage Due Aug 01, 2051
5435 Old Spanish Trail Road in Lake Worth, FL was first built in 1959 and is 65 years old. Although, the building on the property was most recently renovated and altered in 1992. 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, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 5435 Old Spanish Trail Road has 726 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 600 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 5,998 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. The home has a gable or hip style roof made of asphalt and ply sheets in a built-up roof style. For those who need parking, there is a carport. The garage is 220 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 D. 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 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, 5435 Old Spanish Trail Road sold most recently in Mar 29, 2023 for a total of $305,000. If you work out the math, that's approximately a cost of $294.40 per sqft. Before that, the property was also sold for $216,000 in Jul 21, 2021. 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 $2,962 in taxes each year. 5435 Old Spanish Trail Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $197,283. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1959
  • Effective Year Built: 1992
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Concrete
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 220
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,998
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,036
  • Gross Building Area: 1,036
  • Building Area: 726
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 726
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SAN CASTLE 4TH ADD
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SAN CASTLE 4TH ADD LT 20 BLK 14

Ownership

  • Current Owner : HOFFMAN MATTHEW EDWARD
  • Current Owner 2: MATUTE CRISTY YULISSA
  • Previous Owner : JONES MARIAN LASHIAN MORRIS
  • Previous Owner 2: JONES RALSTON
  • Owner Before Previous Owner: SABAC REBECCA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 005601

Zoning

  • Zoning: RM

Geography

  • Assessors Map Reference: 290
  • Parcel: 00-43-45-09-11-014-0200
  • Block: 14
  • Lot: 20
  • Meridian: SEC 09 TWN 45S RNG 43E
  • Municipality: UNINCORPORATED
  • Latitude: 26.5705
  • Longitude: -80.0629

    Address

  • Full Address: 5435 Old Spanish Trl
  • Address - House Number: 5435
  • Address - Street Name: Old Spanish
  • Address - Suffix Type: Trl
  • State: FL
  • City Name: Lantana
  • Carrier Code: C007
  • 4-Digit Zip Code: 5121
  • Zip Code: 33462

Valuation

    Tax

  • Total Area: 793
  • Tax Year: 2023
  • Tax Amount: $2,962
  • Tax Rate Code Area: 207

    Appraisal Valuation

  • Standard Deviation: 0.2108
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 304,415
  • High Value: 368,586
  • Low Value: 240,244

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $299,475
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: May 08, 2023
  • First Open Lien Mortgage Loan Amount: $299,475
  • 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: Apr 01, 2053

    Market Valuation

  • Market Total Value: $210,875
  • Market Land Value: $85,800
  • Market Improvement Value: $125,075

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $197,283

    Sales

  • Current Sale Contract Date: Mar 29, 2023
  • Current Sale Recording Date: May 08, 2023
  • Current Sale Transaction ID: 11906887502
  • Current Sale Price: $305,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 152485
  • Previous Sale Recording Date: Aug 10, 2021
  • Previous Sale Contract Date: Jul 21, 2021
  • Previous Sale Amount: $216,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: May 08, 2023
  • First Mortgage Loan Amount: $299,475
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: HIGHLANDS RESIDENTIAL MORTGAGE
  • Previous Mortgage Transaction Date: Aug 10, 2021
  • Previous Mortgage Loan Amount: $212,087
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2051

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Frequently Asked Questions

What neighborhood is 5435 Old Spanish Trail Road located in?
The 5435 Old Spanish Trail Road is a located in the neighborhood of Sand Castle in Sand Castle, Lake Worth.
What is the average sales price for listings in 5435 Old Spanish Trail Road?
The average sales price for units in 5435 Old Spanish Trail Road is $0 currently.

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