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5731 Elder Drive

5731 Elder Drive, West Palm Beach, FL 33415
Sold Sep 23, 2015
$185,000
$181,649 by Primary Residential Mortgage I
Mortgage Due Oct 01, 2045
Sold Dec 02, 1998
$80,500
$79,721 by Universal American Mortgage Co
Mortgage
5731 Elder Drive has been categorized by the local assessors in West Palm Beach, FL as a residential type of property. The building on the property was first built in 1962 and is 62 years old. However, we must point out that the home was most recently renovated and altered in 2000. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5731 Elder Drive has 1,156 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,100 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 6,599 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. Residents will have the luxury of enjoying both a open porch and a screened patio. 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 gable or hip style roof made of asphalt and ply sheets in a built-up roof style. 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, 5731 Elder Drive sold most recently in Sep 21, 2015 for a total of $185,000. If you work out the math, that's approximately a cost of $145.78 per sqft. Before that, the property was also sold for $80,500 in Jan 1, 1970. 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 $2,590 in taxes each year. 5731 Elder Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $161,879. 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: 1962
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 0
  • 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: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio - screened
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 6,599
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,269
  • Gross Building Area: 1,269
  • Building Area: 1,156
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,156
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOREST HILL VILLAGE PLAT 3
  • Land Acres: 0.152
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FOREST HILL VILLAGE PLAT 3 REPL OF BLKS 21 & 22 LT 9 BLK 22-A

Ownership

  • Current Owner : GONZALEZ JOEL F SANABRIA
  • Current Owner 2: MARTINEZ LILIAN A CANO
  • Previous Owner : DRAGONFLY SHINO INVESTMENTS LLC
  • Owner Before Previous Owner: LUTTRELL MARTHA A
  • Owner Before Previous Owner 2: LUTTRELL GLEN J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 004011

Zoning

  • Zoning: RM

Geography

  • Assessors Map Reference: 225
  • Parcel: 00-42-44-14-06-022-0090
  • Block: 21,22
  • Lot: 9
  • Meridian: SEC 14 TWN 44S RNG 42E
  • Municipality: UNINCORPORATED
  • Latitude: 26.6435
  • Longitude: -80.1327

    Address

  • Full Address: 5731 Elder Dr
  • Address - House Number: 5731
  • Address - Street Name: Elder
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: West Palm Beach
  • Carrier Code: C026
  • 4-Digit Zip Code: 7125
  • Zip Code: 33415

Valuation

    Tax

  • Total Area: 1,188
  • Tax Year: 2023
  • Tax Amount: $2,590
  • Tax Rate Code Area: 362

    Appraisal Valuation

  • Standard Deviation: 0.2017
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 72
  • Final Value: 396,469
  • High Value: 476,467
  • Low Value: 316,472

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $192,296
  • First Open Lien Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Open Lien Mortgage Recording Date: Sep 23, 2015
  • First Open Lien Mortgage Loan Amount: $181,649
  • 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: Oct 01, 2045
  • Second Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • Second Open Lien Mortgage Recording Date: Nov 30, 2020
  • Second Open Lien Mortgage Loan Amount: $10,647
  • Second Open Lien Mortgage Term: 298
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2045

    Market Valuation

  • Market Total Value: $287,288
  • Market Land Value: $144,425
  • Market Improvement Value: $142,863

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $161,879

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 21, 2015
  • Current Sale Recording Date: Sep 23, 2015
  • Current Sale Transaction ID: 1311406921
  • Current Sale Price: $185,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20150351190
  • Previous Sale Recording Date: Dec 02, 1998
  • Previous Sale Amount: $80,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Mortgage Transaction Date: Sep 23, 2015
  • First Mortgage Loan Amount: $181,649
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: UNIVERSAL AMERICAN MORTGAGE CO
  • Previous Mortgage Transaction Date: Dec 02, 1998
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $79,721
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

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Frequently Asked Questions

What neighborhood is 5731 Elder Drive located in?
The 5731 Elder Drive is a located in the neighborhood of Forest Hill Village in Forest Hill Village, West Palm Beach.
What is the average sales price for listings in 5731 Elder Drive?
The average sales price for units in 5731 Elder Drive is $0 currently.

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