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5601 Biscayne Drive

5601 Biscayne Drive, Lake Worth, FL 33463
Property in Pine Ridge
Sold Nov 29, 2016
$90,000
$89,500 by Keybank National Association
Mortgage Due Aug 22, 2052
Sold Jun 05, 2013
$30,000
Local assessors in Lake Worth, FL have categorized 5601 Biscayne Drive as a residential type of property. The home was built in 1981 and is 43 years old. The property's lot size has been calculated to be 3,528 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. 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 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 5601 Biscayne Drive has a total of 1,131 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. 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 stucco 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5601 Biscayne Drive was last sold in Nov 1, 2016 for $90,000. According to our calculations, that's $79.58 per sqft. Prior to that sales transaction, the property was sold for $30,000 in May 31, 2013. Current property owners are expected to pay $1,269 in taxes per year. The property on 5601 Biscayne Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $89,522. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Townhouse
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,528
  • Total Building Area: 1,131
  • Gross Building Area: 1,131
  • Building Area: 1,131
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,131
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PINERIDGE II
  • Land Acres: 0.081
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: PINERIDGE II LT 16 BLK 1

Ownership

  • Current Owner : BONOMOLO MICHAEL
  • Previous Owner : BORG JOHN J
  • Previous Owner 2: BORG KIM S
  • Owner Before Previous Owner: BORG DOROTHY A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 004705

Zoning

  • Zoning: RL3

Geography

  • Assessors Map Reference: 238
  • Parcel: 18-42-44-23-13-001-0160
  • Block: 1
  • Lot: 16
  • Meridian: SEC 23 TWN 44S RNG 42E
  • Municipality: GREENACRES
  • Latitude: 26.6261
  • Longitude: -80.1323

    Address

  • Full Address: 5601 Biscayne Dr
  • Address - House Number: 5601
  • Address - Street Name: Biscayne
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Greenacres
  • Carrier Code: C016
  • 4-Digit Zip Code: 4715
  • Zip Code: 33463

Valuation

    Tax

  • Total Area: 1,174
  • Tax Year: 2022
  • Tax Amount: $1,269
  • Tax Rate Code Area: 18982

    Appraisal Valuation

  • Standard Deviation: 0.2186
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 70
  • Final Value: 267,709
  • High Value: 326,240
  • Low Value: 209,177

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $89,500
  • First Open Lien Mortgage Lender: KEYBANK NATIONAL ASSOCIATION
  • First Open Lien Mortgage Recording Date: Sep 02, 2022
  • First Open Lien Mortgage Loan Amount: $89,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Aug 22, 2052

    Market Valuation

  • Market Total Value: $169,524
  • Market Improvement Value: $169,524

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $89,522

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 01, 2016
  • Current Sale Recording Date: Nov 29, 2016
  • Current Sale Transaction ID: 1903507875
  • Current Sale Price: $90,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20160420297
  • Previous Sale Recording Date: Jun 05, 2013
  • Previous Sale Contract Date: May 31, 2013
  • Previous Sale Amount: $30,000
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: PACIFIC UNION FINANCIAL LLC
  • First Mortgage Transaction Date: Nov 29, 2016
  • First Mortgage Loan Amount: $88,369
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2046

About Pine Ridge



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Frequently Asked Questions

What neighborhood is 5601 Biscayne Drive located in?
The 5601 Biscayne Drive is a located in the neighborhood of Pine Ridge in Pine Ridge, Lake Worth.
What is the average sales price for listings in 5601 Biscayne Drive?
The average sales price for units in 5601 Biscayne Drive is $0 currently.

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