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875 Balfrey Drive South

875 Balfrey Drive South, West Palm Beach, FL 33413
Sold Feb 09, 2022
$315,000
$283,500 by Primary Residential Mortgage I
Mortgage Due Mar 01, 2052
Sold Sep 02, 2021
$205,000
$165,000 by Michael Hausman
Mortgage Due Aug 30, 2022
875 Balfrey Drive South has been categorized by the local assessors in West Palm Beach, FL as a residential type of property. The building on the property was first built in 1959 and is 65 years old. However, we must point out that the home was most recently renovated and altered in 1994. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 875 Balfrey Drive South has 952 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 1,000 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 5,976 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 carport for those who require parking. The garage measured 220 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a 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 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 a packaged air conditioning unit at the moment. In terms of heating, it is utilizing no heating system and being fueled with nothing. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 875 Balfrey Drive South was last sold in Feb 4, 2022 for $315,000. According to our calculations, that's $228.59 per sqft. Prior to that sales transaction, the property was sold for $205,000 in Aug 30, 2021. Current property owners are expected to pay $3,856 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 875 Balfrey Drive South was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $243,445. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Stucco Exterior

Parking

Carport

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 220
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 5,976
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,378
  • Gross Building Area: 1,378
  • Building Area: 952
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: None
  • Heated Square Feet: 952
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKE BELVEDERE ESTATE
  • Land Acres: 0.137
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAKE BELVEDERE ESTATES LT 11 BLK 2

Ownership

  • Current Owner : KABIR HUMAYUN
  • Current Owner 2: ISLAM TASLIMA
  • Previous Owner : GOLD AND SILVER POST INC
  • Owner Before Previous Owner: ESCARFULLERY DARLENE H
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 003202

Zoning

  • Zoning: RM

Geography

  • Assessors Map Reference: 174
  • Parcel: 00-42-43-35-06-002-0110
  • Block: 2
  • Lot: 11
  • Meridian: SEC 35 TWN 43S RNG 42E
  • Municipality: UNINCORPORATED
  • Latitude: 26.6907
  • Longitude: -80.129

    Address

  • Full Address: 875 Balfrey Dr S
  • Address - House Number: 875
  • Street Segment Direction: S
  • Address - Street Name: Balfrey
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: West Palm Beach
  • Carrier Code: C022
  • 4-Digit Zip Code: 1206
  • Zip Code: 33413

Valuation

    Tax

  • Total Area: 1,065
  • Tax Year: 2023
  • Tax Amount: $3,856
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 192

    Appraisal Valuation

  • Standard Deviation: 0.2072
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 345,013
  • High Value: 416,515
  • Low Value: 273,512

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $283,500
  • First Open Lien Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Open Lien Mortgage Recording Date: Feb 09, 2022
  • First Open Lien Mortgage Loan Amount: $283,500
  • 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: Mar 01, 2052

    Market Valuation

  • Market Total Value: $243,445
  • Market Land Value: $114,772
  • Market Improvement Value: $128,673

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $243,445

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 04, 2022
  • Current Sale Recording Date: Feb 09, 2022
  • Current Sale Transaction ID: 11881782047
  • Current Sale Price: $315,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 61847
  • Previous Sale Recording Date: Sep 02, 2021
  • Previous Sale Contract Date: Aug 30, 2021
  • Previous Sale Amount: $205,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Mortgage Transaction Date: Feb 09, 2022
  • First Mortgage Loan Amount: $283,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: MICHAEL HAUSMAN
  • Previous Mortgage Transaction Date: Sep 02, 2021
  • Previous Mortgage Loan Amount: $165,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Balloon
  • Previous Mortgage Loan Due Date: Aug 30, 2022

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Frequently Asked Questions

What neighborhood is 875 Balfrey Drive South located in?
The 875 Balfrey Drive South is a located in the neighborhood of Lake Belvedere Estates in Lake Belvedere Estates, West Palm Beach.
What is the average sales price for listings in 875 Balfrey Drive South?
The average sales price for units in 875 Balfrey Drive South is $0 currently.

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