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7361 Michigan Isle Road

7361 Michigan Isle Road, Lake Worth, FL 33467
Property in Lake Charleston
Sold Nov 03, 2003
$263,000
$233,740 by Washington Mutual Bank Fa
Mortgage Due Nov 01, 2033
Sold Jun 26, 1998
$157,000
7361 Michigan Isle Road 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 1994 and is 30 years old. However, we must point out that the home was most recently renovated and altered in 2000. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7361 Michigan Isle Road has 2,553 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 7,135 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. 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, 7361 Michigan Isle Road sold most recently in Oct 29, 2003 for a total of $263,000. If you work out the math, that's approximately a cost of $87.29 per sqft. Before that, the property was also sold for $157,000 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 $3,538 in taxes each year. 7361 Michigan Isle Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $229,390. 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: 1994
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • 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: 7,135
  • Total Building Area: 3,013
  • Gross Building Area: 3,013
  • Building Area: 2,553
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,553
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKE CHARLESTON
  • Land Acres: 0.164
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAKE CHARLESTON TR I PL 3 LT 151

Ownership

  • Current Owner : HUGEWIN BRIAN WONG
  • Current Owner 2: HUGEWIN KALLIN WONG
  • Previous Owner : JANG MIN SUK
  • Previous Owner 2: SEO BAE SIL
  • Owner Before Previous Owner: SEOW CONRAD L
  • Owner Before Previous Owner 2: SEOW KIMBERLEY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 005946

Zoning

  • Zoning: RTS

Geography

  • Assessors Map Reference: 276F
  • Subdivision Tract Number: I
  • Parcel: 00-42-45-09-14-000-1510
  • Lot: 151
  • Meridian: SEC 09 TWN 45S RNG 42E
  • Municipality: UNINCORPORATED
  • Latitude: 26.5698
  • Longitude: -80.1665

    Address

  • Full Address: 7361 Michigan Isle Rd
  • Address - House Number: 7361
  • Address - Street Name: Michigan Isle
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Lake Worth
  • Carrier Code: R019
  • 4-Digit Zip Code: 7786
  • Zip Code: 33467

Valuation

    Tax

  • Total Area: 2,584
  • Tax Year: 2023
  • Tax Amount: $3,538
  • Tax Rate Code Area: 203

    Appraisal Valuation

  • Standard Deviation: 0.191
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 639,698
  • High Value: 761,944
  • Low Value: 517,453

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $233,740
  • First Open Lien Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • First Open Lien Mortgage Recording Date: Nov 03, 2003
  • First Open Lien Mortgage Loan Amount: $233,740
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2033

    Market Valuation

  • Market Total Value: $476,386
  • Market Land Value: $162,810
  • Market Improvement Value: $313,576

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $229,390

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 29, 2003
  • Current Sale Recording Date: Nov 03, 2003
  • Current Sale Transaction ID: 1034700105
  • Current Sale Price: $263,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20030678614
  • Previous Sale Recording Date: Jun 26, 1998
  • Previous Sale Amount: $157,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • First Mortgage Transaction Date: Nov 03, 2003
  • First Mortgage Loan Amount: $233,740
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Nov 01, 2033

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Frequently Asked Questions

What neighborhood is 7361 Michigan Isle Road located in?
The 7361 Michigan Isle Road is a located in the neighborhood of Lake Charleston in Lake Charleston, Lake Worth.
What is the average sales price for listings in 7361 Michigan Isle Road?
The average sales price for units in 7361 Michigan Isle Road is $0 currently.

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