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6722 Rainwood Cove Lane

6722 Rainwood Cove Lane, Lake Worth, FL 33463
Property in Rivermill
Sold May 02, 2013
$211,000
$285,000 by Cardinal Financial Company Lp
Mortgage Due Apr 01, 2050
Sold Oct 15, 2002
$215,931
$205,100 by Ctx Mtg
Mortgage Due Oct 01, 2032
6722 Rainwood Cove Lane 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 5 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 6722 Rainwood Cove Lane has 3,145 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 7,396 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 420 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 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. The property was last sold in Apr 12, 2013 for $211,000. That's $58.51 per sqft. Prior to that sales transaction, the property was also sold in Sep 30, 2002 for $215,931. 6722 Rainwood Cove Lane was last assessed in 2023. The total value of the property was assessed at $258,678. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,179. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. 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: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • 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: 420
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,396
  • Total Building Area: 3,606
  • Gross Building Area: 3,606
  • Building Area: 3,145
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,145
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIVERMILL
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RIVERMILL LT 203

Ownership

  • Current Owner : MARAGH GERRY STEEVE CLEMENT
  • Previous Owner : BRADWELL CONTESSA K UPSON
  • Previous Owner 2: BRADWELL MICHAEL
  • Owner Before Previous Owner: CENTEX HOMES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 005916

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 278
  • Parcel: 00-42-45-02-20-000-2030
  • Lot: 203
  • Meridian: SEC 02 TWN 45S RNG 42E
  • Municipality: UNINCORPORATED
  • Latitude: 26.576
  • Longitude: -80.1291

    Address

  • Full Address: 6722 Rainwood Cove Ln
  • Address - House Number: 6722
  • Address - Street Name: Rainwood Cove
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Lake Worth
  • Carrier Code: R022
  • 4-Digit Zip Code: 7450
  • Zip Code: 33463

Valuation

    Tax

  • Total Area: 3,130
  • Tax Year: 2023
  • Tax Amount: $4,179
  • Tax Rate Code Area: 203

    Appraisal Valuation

  • Standard Deviation: 0.1912
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 692,428
  • High Value: 824,878
  • Low Value: 559,978

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $285,000
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Open Lien Mortgage Recording Date: Apr 07, 2020
  • First Open Lien Mortgage Loan Amount: $285,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2050

    Market Valuation

  • Market Total Value: $499,678
  • Market Land Value: $117,300
  • Market Improvement Value: $382,378

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $258,678

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 12, 2013
  • Current Sale Recording Date: May 02, 2013
  • Current Sale Transaction ID: 1035219299
  • Current Sale Price: $211,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20130200683
  • Previous Sale Recording Date: Oct 15, 2002
  • Previous Sale Contract Date: Sep 30, 2002
  • Previous Sale Amount: $215,931
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN NATIONWIDE MORTGAGE C
  • First Mortgage Transaction Date: May 02, 2013
  • First Mortgage Loan Amount: $207,178
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2043

    Previous Mortgages

  • Previous Mortgage Lender: CTX MTG
  • Previous Mortgage Transaction Date: Oct 15, 2002
  • Previous Mortgage Loan Amount: $205,100
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Oct 01, 2032

About Rivermill



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Frequently Asked Questions

What neighborhood is 6722 Rainwood Cove Lane located in?
The 6722 Rainwood Cove Lane is a located in the neighborhood of Rivermill in Rivermill, Lake Worth.
What is the average sales price for listings in 6722 Rainwood Cove Lane?
The average sales price for units in 6722 Rainwood Cove Lane is $0 currently.

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