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5725 Raceway Road

5725 Raceway Road, Lake Worth, FL 33449
Sold Jun 05, 2007
$320,000
Sold Mar 11, 2005
$346,000
$276,800 by Foundation Mortgage Corp
Mortgage Due Apr 01, 2035
5725 Raceway Road 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 2002 and is 22 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, 5725 Raceway Road has 1,906 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 4,021 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 unknown and a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. 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. 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, 5725 Raceway Road was last sold in May 17, 2007 for $320,000. According to our calculations, that's $125.59 per sqft. Prior to that sales transaction, the property was sold for $346,000 in Mar 4, 2005. Current property owners are expected to pay $2,726 in taxes per year. The property on 5725 Raceway Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $172,102. 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. 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. 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: 2002
  • 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
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 4,021
  • Total Building Area: 2,548
  • Gross Building Area: 2,548
  • Building Area: 1,906
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,906
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THOROUGHBRED LAKE ESTATE
  • Land Acres: 0.092
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THOROUGHBRED LAKE ESTATES PL 1 LT 18 BLK 1

Ownership

  • Current Owner : LEE JOSEPH
  • Current Owner 2: LEE SANDRA BUDDAN
  • Previous Owner : FOOR STEVEN E
  • Previous Owner 2: FOOR STEVEN
  • Owner Before Previous Owner: KING JUDITH R
  • Owner Before Previous Owner 2: BOCH ELISA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 007771

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 233G
  • Parcel: 00-41-44-36-03-001-0180
  • Block: 1
  • Lot: 18
  • Meridian: SEC 36 TWN 44S RNG 41E
  • Municipality: UNINCORPORATED
  • Latitude: 26.5959
  • Longitude: -80.2076

    Address

  • Full Address: 5725 Raceway Rd
  • Address - House Number: 5725
  • Address - Street Name: Raceway
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Lake Worth
  • Carrier Code: R037
  • 4-Digit Zip Code: 5434
  • Zip Code: 33449

Valuation

    Tax

  • Total Area: 2,090
  • Tax Year: 2022
  • Tax Amount: $2,726
  • Tax Rate Code Area: 176

    Appraisal Valuation

  • Standard Deviation: 0.2048
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 72
  • Final Value: 578,506
  • High Value: 697,025
  • Low Value: 459,987

    Market Valuation

  • Market Total Value: $363,546
  • Market Land Value: $95,605
  • Market Improvement Value: $267,941

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $172,102

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 17, 2007
  • Current Sale Recording Date: Jun 05, 2007
  • Current Sale Transaction ID: 1035113757
  • Current Sale Price: $320,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20070272729
  • Previous Sale Recording Date: Mar 11, 2005
  • Previous Sale Contract Date: Mar 04, 2005
  • Previous Sale Amount: $346,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LIBERTY MORTGAGE CORPORATION G
  • First Mortgage Transaction Date: Jun 05, 2007
  • First Mortgage Loan Amount: $256,000
  • First Mortgage Terms: 479
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jun 01, 2047
  • Second Mortgage Lender: LIBERTY MORTGAGE CORP
  • Second Mortgage Transaction Date: Jun 05, 2007
  • Second Mortgage Loan Amount: $32,000
  • Second Mortgage Terms: 180
  • Second Mortgage Loan Type: Stand Alone Second
  • Second Mortgage Loan Due Date: Jun 01, 2022

    Previous Mortgages

  • Previous Mortgage Lender: FOUNDATION MORTGAGE CORP
  • Previous Mortgage Transaction Date: Mar 11, 2005
  • Previous Mortgage Loan Amount: $276,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Apr 01, 2035

About Thoroughbred Lake Estates



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Frequently Asked Questions

What neighborhood is 5725 Raceway Road located in?
The 5725 Raceway Road is a located in the neighborhood of Thoroughbred Lake Estates in Thoroughbred Lake Estates, Lake Worth.
What is the average sales price for listings in 5725 Raceway Road?
The average sales price for units in 5725 Raceway Road is $0 currently.

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