Check Availability

7574 Lake Placid Court

7574 Lake Placid Court, Lake Worth, FL 33467
Property in Lake Charleston
Sold May 11, 2020
$327,500
$294,750 by United Wholesale Mortgage
Mortgage Due Jun 01, 2050
Sold Aug 18, 1993
$132,700
$106,100 by Amtrust Bk
Mortgage
Local assessors in Lake Worth, FL have categorized 7574 Lake Placid Court as a residential type of property. The home was built in 1993 and is 31 years old. It was most recently renovated and altered in 2000. The property's lot size has been calculated to be 8,529 square feet. 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, 4 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 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7574 Lake Placid Court has a total of 2,106 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 504 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 wood 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 wood truss style roof that was made of concrete. Lots of stucco 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. Residents rely on central air conditioning for their cooling system. 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, 7574 Lake Placid Court sold most recently in May 1, 2020 for a total of $327,500. If you work out the math, that's approximately a cost of $107.69 per sqft. Before that, the property was also sold for $132,700 in Aug 12, 1993. 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 $4,140 in taxes each year. 7574 Lake Placid Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $266,036. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1993
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • 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: 504
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,529
  • Total Building Area: 3,041
  • Gross Building Area: 3,041
  • Building Area: 2,106
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,106
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKE CHARLESTON
  • Land Acres: 0.196
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAKE CHARLESTON TR I PL 2 LT 110

Ownership

  • Current Owner : ADAMSON PAUL M
  • Current Owner 2: ADAMSON JENNIFER M
  • Previous Owner : MURRAY JAY T
  • Previous Owner 2: MURRAY SHELLY ARTHUR
  • Owner Before Previous Owner: G L HOMES LAKE CHARLESTON ASSOC
  • 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: 00-42-45-09-12-000-1100
  • Lot: 110
  • Meridian: SEC 09 TWN 45S RNG 42E
  • Municipality: UNINCORPORATED
  • Latitude: 26.5699
  • Longitude: -80.1648

    Address

  • Full Address: 7574 Lake Placid Ct
  • Address - House Number: 7574
  • Address - Street Name: Lake Placid
  • Address - Suffix Type: Ct
  • State: FL
  • City Name: Lake Worth
  • Carrier Code: R019
  • 4-Digit Zip Code: 7754
  • Zip Code: 33467

Valuation

    Tax

  • Total Area: 2,236
  • Tax Year: 2023
  • Tax Amount: $4,140
  • Tax Rate Code Area: 203

    Appraisal Valuation

  • Standard Deviation: 0.1912
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 568,859
  • High Value: 677,635
  • Low Value: 460,083

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $394,750
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: May 11, 2020
  • First Open Lien Mortgage Loan Amount: $294,750
  • 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: Jun 01, 2050
  • Second Open Lien Mortgage Lender: PNC BANK NATIONAL ASSOCIATION
  • Second Open Lien Mortgage Recording Date: Sep 15, 2022
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 478
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Aug 19, 2062

    Market Valuation

  • Market Total Value: $435,566
  • Market Land Value: $171,162
  • Market Improvement Value: $264,404

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $266,036

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 01, 2020
  • Current Sale Recording Date: May 11, 2020
  • Current Sale Transaction ID: 11760881322
  • Current Sale Price: $327,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200160771
  • Previous Sale Recording Date: Aug 18, 1993
  • Previous Sale Contract Date: Aug 12, 1993
  • Previous Sale Amount: $132,700
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: May 11, 2020
  • First Mortgage Loan Amount: $294,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: AMTRUST BK
  • Previous Mortgage Transaction Date: Aug 18, 1993
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $106,100
  • Previous Mortgage Term: 360

About Lake Charleston



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 7669 Dorchester Road, Boynton Beach, FL, 33472

$4,000 /mo

  • 2 Beds
  • 2 Baths
  • 2,053 ft²
7669 Dorchester Road, Boynton Beach, FL, 33472 Listing by Susan L Skulnik PA
Unit for rent at 6899 Sugarloaf Key St, Lake Worth, FL, 33467

$3,700 /mo

  • 4 Beds
  • 3 Baths
  • 1,637 ft²
6899 Sugarloaf Key St, Lake Worth, FL, 33467 Listing by Bri Santaella
Unit for rent at 6590 Fountains Circle S, Lake Worth, FL, 33467

$4,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,751 ft²
6590 Fountains Circle S, Lake Worth, FL, 33467 Listing by Diane Stewart
Unit for rent at 7736 Trapani Lane, Boynton Beach, FL, 33472

$4,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,736 ft²
7736 Trapani Lane, Boynton Beach, FL, 33472 Listing by Michael Persaud Gopie
Unit for rent at 6639 Hatteras Dr, Lake Worth, FL, 33467

$3,500 /mo

  • 4 Beds
  • 2 Baths
  • 2,038 ft²
6639 Hatteras Dr, Lake Worth, FL, 33467 Listing by Pete Masiello
Unit for rent at 6729 Palermo Way, Lake Worth, FL, 33467

$3,700 /mo

  • 3 Beds
  • 2 Baths
  • 1,772 ft²
6729 Palermo Way #NA, Lake Worth, FL, 33467 Listing by Felina Maldonado
Unit for rent at 8756 Via Tuscany Dr, Boynton Beach, FL, 33472

$3,750 /mo

  • 3 Beds
  • 2 Baths
  • 2,132 ft²
8756 Via Tuscany Dr #8756, Boynton Beach, FL, 33472 Listing by Jacques Delbeau Charles

Frequently Asked Questions

What neighborhood is 7574 Lake Placid Court located in?
The 7574 Lake Placid Court is a located in the neighborhood of Lake Charleston in Lake Charleston, Lake Worth.
What is the average sales price for listings in 7574 Lake Placid Court?
The average sales price for units in 7574 Lake Placid Court is $0 currently.

Quantcast