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863 Lantern Tree Lane

863 Lantern Tree Lane, Wellington, FL 33414
Sold May 10, 2021
$299,000
Sold Mar 24, 2011
$76,700
Local assessors in Wellington, FL have categorized 863 Lantern Tree Lane as a residential type of property. The home was built in 1980 and is 44 years old. It was most recently renovated and altered in 1985. The property's lot size has been calculated to be 6,843 square feet. The linear feet between the front and back of the lot was measured at 510 ft and the front of the lot was measured at 1,330 ft. 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 2 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 863 Lantern Tree Lane has a total of 1,728 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 both a unknown and a unknown 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 masonry 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 gable or hip style roof that was made of asphalt. Lots of concrete block 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. The property was last sold in Apr 29, 2021 for $299,000. That's $173.03 per sqft. Prior to that sales transaction, the property was also sold in Mar 11, 2011 for $76,700. 863 Lantern Tree Lane was last assessed in 2022. The total value of the property was assessed at $185,734. 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 $3,334. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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: 1980
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Townhouse
  • 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
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,843
  • Lot Size Depth Feet: 510
  • Lot Size Frontage Feet: 1,330
  • Total Building Area: 1,728
  • Gross Building Area: 1,728
  • Building Area: 1,728
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,728
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOUTH SHORE NO 4 OF WELLINGTON
  • Land Acres: 0.157
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: SOUTH SHORE NO 4 OF WELLINGTONLT 25 (LESS NLY 50.70 FT) BLK 2

Ownership

  • Current Owner : VINCENT LENREYA A
  • Current Owner 2: VINCENT EMMANUEL
  • Previous Owner : MCDERMOTT PATRICIA
  • Previous Owner 2: ROSENTHAL WALTER R
  • Owner Before Previous Owner: FEDERAL HOME LOAN MORTGAGE CORPORATION
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 007705

Zoning

  • Zoning: RM

Geography

  • Assessors Map Reference: 185
  • Parcel: 73-41-44-02-03-002-0251
  • Block: 2
  • Lot: 25
  • Meridian: SEC 02 TWN 44S RNG 41E
  • Municipality: WELLINGTON
  • Latitude: 26.6684
  • Longitude: -80.2423

    Address

  • Full Address: 863 Lantern Tree Ln
  • Address - House Number: 863
  • Address - Street Name: Lantern Tree
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Wellington
  • Carrier Code: C049
  • 4-Digit Zip Code: 4920
  • Zip Code: 33414

Valuation

    Tax

  • Total Area: 1,738
  • Tax Year: 2022
  • Tax Amount: $3,334
  • Tax Rate Code Area: 73486

    Appraisal Valuation

  • Standard Deviation: 0.1916
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 423,847
  • High Value: 505,064
  • Low Value: 342,629

    Market Valuation

  • Market Total Value: $257,462
  • Market Improvement Value: $257,462

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $185,734

    Sales

  • Current Sale Contract Date: Apr 29, 2021
  • Current Sale Recording Date: May 10, 2021
  • Current Sale Transaction ID: 11836264956
  • Current Sale Price: $299,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210213889
  • Previous Sale Recording Date: Mar 24, 2011
  • Previous Sale Contract Date: Mar 11, 2011
  • Previous Sale Amount: $76,700
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: May 10, 2021
  • First Mortgage Loan Amount: $280,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

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Frequently Asked Questions

What neighborhood is 863 Lantern Tree Lane located in?
The 863 Lantern Tree Lane is a located in the neighborhood of South Shore of Wellington in South Shore of Wellington, Wellington.
What is the average sales price for listings in 863 Lantern Tree Lane?
The average sales price for units in 863 Lantern Tree Lane is $0 currently.

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