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5881 46th Way South

5881 46th Way South, Lake Worth, FL 33463
House in Lake Worth
Sold Feb 10, 2020
$285,000
$279,837 by Swbc Mortgage Corp
Mortgage Due Mar 01, 2050
Sold Apr 19, 2017
$279,000
$273,946 by Movement Mortgage
Mortgage Due May 01, 2047
5881 46th Way South 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 1978 and is 46 years old. 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, 5881 46th Way South has 1,858 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 16,949 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 506 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a open porch and a patio. 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. 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, 5881 46th Way South sold most recently in Jan 31, 2020 for a total of $285,000. If you work out the math, that's approximately a cost of $117.00 per sqft. Before that, the property was also sold for $279,000 in Apr 17, 2017. 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 $4,571 in taxes each year. 5881 46th Way South was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $282,538. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1978
  • Effective Year Built: 1978
  • 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: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 16,949
  • Total Building Area: 2,436
  • Gross Building Area: 2,436
  • Building Area: 1,858
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,858
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ACREAGE & UNREC
  • Land Acres: 0.389
  • Standard Land Use Code: Single family residential
  • Legal Description 1: S/D OF 36-44-42~ SW 1/4 S 100 FT OF N 800 FT OF E 1/2 OF TR 11

Ownership

  • Current Owner : VALLE LEONEL
  • Current Owner 2: VASQUEZ JEANNET
  • Previous Owner : CANDELARIO KENDRIS A
  • Owner Before Previous Owner: DAVEY KATHRYN K
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 004813

Zoning

  • Zoning: AR

Geography

  • Assessors Map Reference: 261
  • Subdivision Tract Number: 11
  • Parcel: 00-42-44-36-09-011-0070
  • Block: 11
  • Meridian: SEC 36 TWN 44S RNG 42E
  • Municipality: UNINCORPORATED
  • Latitude: 26.5905
  • Longitude: -80.118

    Address

  • Full Address: 5881 46th Way S
  • Address - House Number: 5881
  • Street Segment Direction: S
  • Address - Street Name: 46th
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Lake Worth
  • Carrier Code: R008
  • 4-Digit Zip Code: 6917
  • Zip Code: 33463

Valuation

    Tax

  • Total Area: 2,106
  • Tax Year: 2023
  • Tax Amount: $4,571
  • Tax Rate Code Area: 203

    Appraisal Valuation

  • Standard Deviation: 0.2005
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 485,760
  • High Value: 583,183
  • Low Value: 388,337

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $291,717
  • First Open Lien Mortgage Lender: SWBC MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Feb 10, 2020
  • First Open Lien Mortgage Loan Amount: $279,837
  • 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: Mar 01, 2050
  • Second Open Lien Mortgage Lender: DEPARTMENT OF HOUSING & URBAN
  • Second Open Lien Mortgage Recording Date: Sep 17, 2020
  • Second Open Lien Mortgage Loan Amount: $11,880
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Mar 01, 2050

    Market Valuation

  • Market Total Value: $327,405
  • Market Land Value: $123,305
  • Market Improvement Value: $204,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $282,538

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 31, 2020
  • Current Sale Recording Date: Feb 10, 2020
  • Current Sale Transaction ID: 11730380593
  • Current Sale Price: $285,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200052761
  • Previous Sale Recording Date: Apr 19, 2017
  • Previous Sale Contract Date: Apr 17, 2017
  • Previous Sale Amount: $279,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SWBC MORTGAGE CORP
  • First Mortgage Transaction Date: Feb 10, 2020
  • First Mortgage Loan Amount: $279,837
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: MOVEMENT MORTGAGE
  • Previous Mortgage Transaction Date: Apr 19, 2017
  • Previous Mortgage Loan Amount: $273,946
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2047

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Frequently Asked Questions

What neighborhood is 5881 46th Way South located in?
The 5881 46th Way South is a house located in the neighborhood of Lake Worth in Palm Beach, Lake Worth.
What is the average sales price for listings in 5881 46th Way South?
The average sales price for units in 5881 46th Way South is $0 currently.

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