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897 Southwest Lighthouse Drive

897 Southwest Lighthouse Drive, Palm City, FL 34990
Property in Palm City
Sold Nov 18, 2021
$630,000
$472,000 by Angel Oak Home Loans Llc
Mortgage Due Dec 01, 2051
Sold Aug 17, 2007
$432,000
$345,600 by Cartus Home Loans Llc
Mortgage Due Sep 01, 2037
Local assessors in Palm City, FL have categorized 897 Southwest Lighthouse Drive 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 2008. The property's lot size has been calculated to be 9,191 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 3 rooms in the home. Of these, 3 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 3 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 897 Southwest Lighthouse Drive has a total of 2,272 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. The home sources its water from none system. 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 572 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 unknown and a unknown so you'll have great options in both the front and back of the home. In addition, there is a both a pool and a spa on the property. Perfect for those who want to host pool parties over the summer. 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 concrete block 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 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. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 897 Southwest Lighthouse Drive sold most recently in Nov 5, 2021 for a total of $630,000. If you work out the math, that's approximately a cost of $221.52 per sqft. Before that, the property was also sold for $432,000 in Aug 15, 2007. 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 $8,370 in taxes each year. 897 Southwest Lighthouse Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $535,177. 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. 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.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: 2008
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Concrete block
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 572
  • Parking Space Count: 2
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 9,191
  • Total Building Area: 2,844
  • Gross Building Area: 2,844
  • Building Area: 2,272
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,272
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: HARBOUR POINTE
  • Land Acres: 0.211
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HARBOUR POINTE PHASES 1 2 & 3 LOT 112 PI# 6-38-41-008-000-01120-60000

Ownership

  • Current Owner : BIANCO GREGORY S
  • Current Owner 2: BIANCO MARIE
  • Previous Owner : AMBROSE GREGG J
  • Previous Owner 2: AMBROSE SUSAN E
  • Owner Before Previous Owner: HINTON DARLA J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Martin County School District
  • Census Tract: 000610

Zoning

  • Zoning: PUDR

Geography

  • Assessors Map Reference: O-06B
  • Parcel: 06-38-41-008-000-01120-6
  • Lot: 112
  • Meridian: SEC 6 TWN 38S RNG 41E
  • Latitude: 27.1933
  • Longitude: -80.2744

    Address

  • Full Address: 897 Sw Lighthouse Dr
  • Address - House Number: 897
  • Street Direction: SW
  • Address - Street Name: Lighthouse
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Palm City
  • Carrier Code: R026
  • 4-Digit Zip Code: 4509
  • Zip Code: 34990

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,370
  • Tax Rate Code Area: 5005 WESTE

    Appraisal Valuation

  • Standard Deviation: 0.2021
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 72
  • Final Value: 797,993
  • High Value: 959,330
  • Low Value: 636,656

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $472,000
  • First Open Lien Mortgage Lender: ANGEL OAK HOME LOANS LLC
  • First Open Lien Mortgage Recording Date: Nov 18, 2021
  • First Open Lien Mortgage Loan Amount: $472,000
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $628,810
  • Market Land Value: $250,000
  • Market Improvement Value: $378,810

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $535,177

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 05, 2021
  • Current Sale Recording Date: Nov 18, 2021
  • Current Sale Transaction ID: 11869510920
  • Current Sale Price: $630,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2927112
  • Previous Sale Recording Date: Aug 17, 2007
  • Previous Sale Contract Date: Aug 15, 2007
  • Previous Sale Amount: $432,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ANGEL OAK HOME LOANS LLC
  • First Mortgage Transaction Date: Nov 18, 2021
  • First Mortgage Loan Amount: $472,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CARTUS HOME LOANS LLC
  • Previous Mortgage Transaction Date: Aug 17, 2007
  • Previous Mortgage Loan Amount: $345,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Sep 01, 2037

About Palm City



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Frequently Asked Questions

What neighborhood is 897 Southwest Lighthouse Drive located in?
The 897 Southwest Lighthouse Drive is a located in the neighborhood of Palm City in Palm City, Palm City.
What is the average sales price for listings in 897 Southwest Lighthouse Drive?
The average sales price for units in 897 Southwest Lighthouse Drive is $0 currently.

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