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716 7th Way

716 7th Way, West Palm Beach, FL 33407
Sold Jan 14, 2019
$32,000
$119,250 by United Wholesale Mortgage
Mortgage Due Jan 01, 2039
Sold Nov 10, 2005
$130,000
$104,000 by Bank Of America Na
Mortgage Due Nov 01, 2035
Local assessors in West Palm Beach, FL have categorized 716 7th Way as a residential type of property. The home was built in 1983 and is 41 years old. The property's lot size has been calculated to be 1,346 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 716 7th Way has a total of 1,236 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete block control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a prestress concrete style roof that was made of asphalt and ply sheets in a built-up roof style. Lots of a combination of material were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. The home's a forced air unit is the primary heating source and it is 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, 716 7th Way sold most recently in Dec 27, 2018 for a total of $32,000. If you work out the math, that's approximately a cost of $25.89 per sqft. Before that, the property was also sold for $130,000 in Nov 1, 2005. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,859 in taxes each year. 716 7th Way was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $156,742. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Concrete block
  • Building Style: Townhouse
  • Exterior Walls Type: Combination
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Prestress concrete
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,346
  • Total Building Area: 1,236
  • Gross Building Area: 1,236
  • Building Area: 1,236
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,236
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VILLAGE OF SANDALWOOD LAKES PL 1
  • Land Acres: 0.031
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: VILLAGE OF SANDALWOOD LAKES PL 1 LT 38B

Ownership

  • Current Owner : LEVINSON ETHAN G
  • Current Owner 2: LEVINSON KARA L
  • Previous Owner : TURLEY KARA L
  • Previous Owner 2: LEVINSON ETHAN G
  • Owner Before Previous Owner: TURLEY ROBERT B
  • Owner Before Previous Owner 2: TURLEY ELIZABETH M

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 001904

Zoning

  • Zoning: RPD

Geography

  • Assessors Map Reference: 112
  • Parcel: 74-42-43-01-07-000-0382
  • Lot: 38B
  • Meridian: SEC 01 TWN 43S RNG 42E
  • Municipality: WEST PALM BEACH
  • Latitude: 26.7522
  • Longitude: -80.0949

    Address

  • Full Address: 716 7th Way
  • Address - House Number: 716
  • Address - Street Name: 7th
  • Address - Suffix Type: Way
  • State: FL
  • City Name: West Palm Beach
  • Carrier Code: C023
  • 4-Digit Zip Code: 6612
  • Zip Code: 33407

Valuation

    Tax

  • Total Area: 1,236
  • Tax Year: 2022
  • Tax Amount: $3,859
  • Tax Rate Code Area: 74407

    Appraisal Valuation

  • Standard Deviation: 0.2241
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 69
  • Final Value: 307,137
  • High Value: 375,994
  • Low Value: 238,279

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $119,250
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Jan 14, 2019
  • First Open Lien Mortgage Loan Amount: $119,250
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2039

    Market Valuation

  • Market Total Value: $180,809
  • Market Improvement Value: $180,809

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $156,742

    Sales

  • Current Sale Contract Date: Dec 27, 2018
  • Current Sale Recording Date: Jan 14, 2019
  • Current Sale Transaction ID: 11562286693
  • Current Sale Price: $32,000
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 20190014474
  • Previous Sale Recording Date: Nov 10, 2005
  • Previous Sale Contract Date: Nov 01, 2005
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Jan 14, 2019
  • First Mortgage Loan Amount: $119,250
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2039

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Nov 10, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $104,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Nov 01, 2035

About Villages of Palm Beach Lakes



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Frequently Asked Questions

What neighborhood is 716 7th Way located in?
The 716 7th Way is a located in the neighborhood of Village of Sandalwood Lakes in Villages of Palm Beach Lakes, West Palm Beach.
What is the average sales price for listings in 716 7th Way?
The average sales price for units in 716 7th Way is $0 currently.

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