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614 Prosperity Farms Road

614 Prosperity Farms Road, North Palm Beach, FL 33408
Sold Apr 05, 2022
$320,000
$240,000 by Flagler Bank
Mortgage
Sold Apr 03, 2001
$125,000
$65,000 by Washington Mutual Bk Fa
Mortgage
614 Prosperity Farms Road has been categorized by the local assessors in North Palm Beach, FL as a residential type of property. The building on the property was first built in 1963 and is 61 years old. However, we must point out that the home was most recently renovated and altered in 1978. 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, 614 Prosperity Farms Road has 1,680 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 1,260 ft and across the front of the lot is 840 ft. The area measurement of the land has been determined as 10,624 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

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 unknown and a unknown. 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 plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with a packaged air conditioning unit at the moment. In terms of heating, it is utilizing no heating system 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, 614 Prosperity Farms Road sold most recently in Mar 30, 2022 for a total of $320,000. If you work out the math, that's approximately a cost of $168.78 per sqft. Before that, the property was also sold for $125,000 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 $6,335 in taxes each year. 614 Prosperity Farms Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $279,283. 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 possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1963
  • 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
  • Building Style: Duplex
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Terrazzo
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,624
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 840
  • Total Building Area: 1,896
  • Gross Building Area: 1,896
  • Building Area: 1,680
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: None
  • Heated Square Feet: 1,680
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORTH PALM BEACH VILLAGE
  • Land Acres: 0.244
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: NORTH PALM BEACH VILLAGE OF PL 2 LT 12 BLK 29

Ownership

  • Current Owner : 614PFR TRUST
  • Previous Owner : LOPEZ MANUEL A
  • Previous Owner 2: JOINT CARMEN
  • Owner Before Previous Owner: MICHAEL E COLLINS I
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 000702

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: 77
  • Parcel: 68-43-42-17-08-029-0120
  • Block: 29
  • Lot: 12
  • Meridian: SEC 17 TWN 42S RNG 43E
  • Municipality: NORTH PALM BEACH
  • Latitude: 26.8159
  • Longitude: -80.0732

    Address

  • Full Address: 614 Prosperity Farms Rd
  • Address - House Number: 614
  • Address - Street Name: Prosperity Farms
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: North Palm Beach
  • Carrier Code: C004
  • 4-Digit Zip Code: 4745
  • Zip Code: 33408

Valuation

    Tax

  • Total Area: 1,753
  • Tax Year: 2022
  • Tax Amount: $6,335
  • Tax Rate Code Area: 68401

    Appraisal Valuation

  • Standard Deviation: 0.217
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 70
  • Final Value: 533,536
  • High Value: 649,318
  • Low Value: 417,755

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $240,000
  • First Open Lien Mortgage Lender: FLAGLER BANK
  • First Open Lien Mortgage Recording Date: Apr 05, 2022
  • First Open Lien Mortgage Loan Amount: $240,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $360,487
  • Market Land Value: $214,200
  • Market Improvement Value: $146,287

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $279,283

    Sales

  • Current Sale Contract Date: Mar 30, 2022
  • Current Sale Recording Date: Apr 05, 2022
  • Current Sale Transaction ID: 11884636986
  • Current Sale Price: $320,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 148410
  • Previous Sale Recording Date: Apr 03, 2001
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FLAGLER BANK
  • First Mortgage Transaction Date: Apr 05, 2022
  • First Mortgage Loan Amount: $240,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BK FA
  • Previous Mortgage Transaction Date: Apr 03, 2001
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $65,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 614 Prosperity Farms Road located in?
The 614 Prosperity Farms Road is a located in the neighborhood of North Palm Beach Village in North Palm Beach Village, North Palm Beach.
What is the average sales price for listings in 614 Prosperity Farms Road?
The average sales price for units in 614 Prosperity Farms Road is $0 currently.

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