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8605 Yearling Drive

8605 Yearling Drive, Lake Worth, FL 33467
Sold May 20, 2013
$444,000
$900,000 by Finance Of America Reverse Llc
Mortgage Due Oct 12, 2101
Sold Jul 07, 1997
$133,000
$119,700 by Homecomings Financial Network
Mortgage
8605 Yearling Drive 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 1978 and is 46 years old. However, we must point out that the home was most recently renovated and altered in 1985. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 3 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, 8605 Yearling Drive has 2,724 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 2,000 ft and across the front of the lot is 2,180 ft. The area measurement of the land has been determined as 44,000 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 350 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a open porch and a screened 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 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 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, 8605 Yearling Drive sold most recently in May 14, 2013 for a total of $444,000. If you work out the math, that's approximately a cost of $111.03 per sqft. Before that, the property was also sold for $133,000 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 $6,199 in taxes each year. 8605 Yearling Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $316,940. 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: 1978
  • Effective Year Built: 1985
  • Building Count: 3
  • Bedroom Count: 3
  • 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: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 350
  • Parking Space Count: 1
  • Patio Type: Patio - screened
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 44,000
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 2,180
  • Total Building Area: 3,999
  • Gross Building Area: 3,999
  • Building Area: 2,724
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,724
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PALM BEACH RANCHETTES
  • Land Acres: 1.01
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PALM BEACH RANCHETTES UNIT A LOT 22 SEC M

Ownership

  • Current Owner : DELOS RIOS MONICA
  • Previous Owner : MORAN ROBERT
  • Previous Owner 2: MORAN KATHY
  • Owner Before Previous Owner: COVELLI DOMINICK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 007776

Zoning

  • Zoning: AR

Geography

  • Assessors Map Reference: 234
  • Parcel: 00-42-44-19-01-012-0220
  • Block: 12
  • Lot: 22
  • Meridian: SEC 19 TWN 44S RNG 42E
  • Municipality: UNINCORPORATED
  • Latitude: 26.63
  • Longitude: -80.1833

    Address

  • Full Address: 8605 Yearling Dr
  • Legal Unit: A
  • Address - House Number: 8605
  • Address - Street Name: Yearling
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Lake Worth
  • Carrier Code: R006
  • 4-Digit Zip Code: 1175
  • Zip Code: 33467

Valuation

    Tax

  • Total Area: 3,267
  • Tax Year: 2023
  • Tax Amount: $6,199
  • Tax Rate Code Area: 206

    Appraisal Valuation

  • Standard Deviation: 0.1963
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 905,048
  • High Value: 1,082,745
  • Low Value: 727,351

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $900,000
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA REVERSE LLC
  • First Open Lien Mortgage Recording Date: Oct 02, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $900,000
  • First Open Lien Mortgage Term: 971
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Oct 12, 2101

    Market Valuation

  • Market Total Value: $723,716
  • Market Land Value: $297,400
  • Market Improvement Value: $426,316

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $316,940

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 14, 2013
  • Current Sale Recording Date: May 20, 2013
  • Current Sale Transaction ID: 11447786372
  • Current Sale Price: $444,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20130224649
  • Previous Sale Recording Date: Jul 07, 1997
  • Previous Sale Amount: $133,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: HOMECOMINGS FINANCIAL NETWORK
  • Previous Mortgage Transaction Date: Jul 07, 1997
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $119,700
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Palm Beach Ranchettes



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$1,500 /mo

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  • 2 Baths
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526 Franconia Circle, Lake Worth, FL, 33467 Listing by Thomas D Gonzalez

Frequently Asked Questions

What neighborhood is 8605 Yearling Drive located in?
The 8605 Yearling Drive is a located in the neighborhood of Palm Beach Ranchettes in Palm Beach Ranchettes, Lake Worth.
What is the average sales price for listings in 8605 Yearling Drive?
The average sales price for units in 8605 Yearling Drive is $0 currently.

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