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7943 Merano Reef Lane

7943 Merano Reef Lane, Lake Worth, FL 33467
Sold Apr 04, 2019
$510,000
$395,000 by American Nationwide Mortgage C
Mortgage Due May 01, 2049
Sold Jun 17, 2004
$434,755
7943 Merano Reef Lane in Lake Worth, FL was first built in 2004 and is 20 years old. Although, the building on the property was most recently renovated and altered in 2008. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 7943 Merano Reef Lane has 2,735 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 8,398 square feet.

Learn more about the property and building on this page. There is a open porch and a screened patio. The home has a flat style roof made of concrete. For those who need parking, there is a attached garage. The garage is 503 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of concrete block. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with electricity. The property was last sold in Mar 26, 2019 for $510,000. That's $143.30 per sqft. Prior to that sales transaction, the property was also sold in Jun 11, 2004 for $434,755. 7943 Merano Reef Lane was last assessed in 2023. The total value of the property was assessed at $471,622. 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 $7,516. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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.

Building Features

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • 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: Flat
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 503
  • Parking Space Count: 2
  • Patio Type: Patio - screened
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,398
  • Total Building Area: 3,559
  • Gross Building Area: 3,559
  • Building Area: 2,735
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,735
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VALENCIA SHORES PL 4
  • Land Acres: 0.193
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VALENCIA SHORES PL 4 LT 903

Ownership

  • Current Owner : MITTLEMAN DANIEL
  • Current Owner 2: MITTLEMAN ARLENE R
  • Previous Owner : OAKLEY WARD
  • Owner Before Previous Owner: G L HOMES OF BOYNTON BEACH ASSOC VI LTD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 007757

Zoning

  • Zoning: PUD

Geography

  • Parcel: 00-42-45-07-06-000-9030
  • Lot: 903
  • Meridian: SEC 07 TWN 45S RNG 42E
  • Municipality: UNINCORPORATED
  • Latitude: 26.5588
  • Longitude: -80.1917

    Address

  • Full Address: 7943 Merano Reef Ln
  • Address - House Number: 7943
  • Address - Street Name: Merano Reef
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Lake Worth
  • Carrier Code: R043
  • 4-Digit Zip Code: 7070
  • Zip Code: 33467

Valuation

    Tax

  • Total Area: 3,051
  • Tax Year: 2023
  • Tax Amount: $7,516
  • Tax Rate Code Area: 203

    Appraisal Valuation

  • Standard Deviation: 0.1816
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 779,833
  • High Value: 921,524
  • Low Value: 638,142

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $395,000
  • First Open Lien Mortgage Lender: AMERICAN NATIONWIDE MORTGAGE C
  • First Open Lien Mortgage Recording Date: Apr 04, 2019
  • First Open Lien Mortgage Loan Amount: $395,000
  • 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: May 01, 2049

    Market Valuation

  • Market Total Value: $602,176
  • Market Land Value: $184,893
  • Market Improvement Value: $417,283

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $471,622

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 26, 2019
  • Current Sale Recording Date: Apr 04, 2019
  • Current Sale Transaction ID: 11596714721
  • Current Sale Price: $510,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20190118564
  • Previous Sale Recording Date: Jun 17, 2004
  • Previous Sale Contract Date: Jun 11, 2004
  • Previous Sale Amount: $434,755
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN NATIONWIDE MORTGAGE C
  • First Mortgage Transaction Date: Apr 04, 2019
  • First Mortgage Loan Amount: $395,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2049

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Frequently Asked Questions

What neighborhood is 7943 Merano Reef Lane located in?
The 7943 Merano Reef Lane is a house located in the neighborhood of Valencia Shores in Valencia Shores, Lake Worth.
What is the average sales price for listings in 7943 Merano Reef Lane?
The average sales price for units in 7943 Merano Reef Lane is $0 currently.

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