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7606 South Olive Avenue

7606 South Olive Avenue, West Palm Beach, FL 33405
House in Seville
Sold Jul 07, 2021
$700,000
$628,000 by Northern Trust Company
Mortgage Due Jun 01, 2052
Sold Jan 11, 2021
$550,000
$440,000 by Gold Star Mortgage Financial G
Mortgage Due Feb 01, 2051
7606 South Olive Avenue 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 2020 and is 4 years old. 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, 7606 South Olive Avenue has 1,687 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 110 ft and across the front of the lot is 530 ft. The area measurement of the land has been determined as 6,225 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. Residents will have the luxury of enjoying both a unknown and a unknown. 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 concrete block 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. The property was last sold in Jun 30, 2021 for $700,000. That's $389.97 per sqft. Prior to that sales transaction, the property was also sold in Jan 6, 2021 for $550,000. 7606 South Olive Avenue was last assessed in 2022. The total value of the property was assessed at $653,140. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $13,161. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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

Condition

New Construction
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Concrete block
  • 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: Wood
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,225
  • Lot Size Depth Feet: 110
  • Lot Size Frontage Feet: 530
  • Total Building Area: 1,795
  • Gross Building Area: 1,795
  • Building Area: 1,687
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,687
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SEVILLE
  • Land Acres: 0.143
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEVILLE LTS 107 & 108

Ownership

  • Current Owner : COWIE ADAM
  • Previous Owner : RAMP EDWARD J
  • Previous Owner 2: RAMP YASMINE
  • Owner Before Previous Owner: 3CL HOLDINGS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 003600

Zoning

  • Zoning: SF7

Geography

  • Assessors Map Reference: 213
  • Parcel: 74-43-44-10-24-000-1070
  • Lot: 107
  • Meridian: SEC 10 TWN 44S RNG 43E
  • Municipality: WEST PALM BEACH
  • Latitude: 26.6489
  • Longitude: -80.0519

    Address

  • Full Address: 7606 S Olive Ave
  • Address - House Number: 7606
  • Street Direction: S
  • Address - Street Name: Olive
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: West Palm Beach
  • Carrier Code: C013
  • 4-Digit Zip Code: 5052
  • Zip Code: 33405

Valuation

    Tax

  • Total Area: 1,718
  • Tax Year: 2022
  • Tax Amount: $13,161
  • Tax Rate Code Area: 74982

    Appraisal Valuation

  • Standard Deviation: 0.2135
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 70
  • Final Value: 1,101,742
  • High Value: 1,336,995
  • Low Value: 866,489

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $628,000
  • First Open Lien Mortgage Lender: NORTHERN TRUST COMPANY
  • First Open Lien Mortgage Recording Date: Jun 01, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $628,000
  • 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: Jun 01, 2052

    Market Valuation

  • Market Total Value: $653,140
  • Market Land Value: $279,995
  • Market Improvement Value: $373,145

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $653,140

    Sales

  • Current Sale Contract Date: Jun 30, 2021
  • Current Sale Recording Date: Jul 07, 2021
  • Current Sale Transaction ID: 11843583915
  • Current Sale Price: $700,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210313367
  • Previous Sale Recording Date: Jan 11, 2021
  • Previous Sale Contract Date: Jan 06, 2021
  • Previous Sale Amount: $550,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MYRIAM C LOVEDAY
  • First Mortgage Transaction Date: Jul 07, 2021
  • First Mortgage Loan Amount: $625,000
  • First Mortgage Terms: 36
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jun 24, 2024

    Previous Mortgages

  • Previous Mortgage Lender: GOLD STAR MORTGAGE FINANCIAL G
  • Previous Mortgage Transaction Date: Jan 11, 2021
  • Previous Mortgage Loan Amount: $440,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2051

About Seville



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Frequently Asked Questions

What neighborhood is 7606 South Olive Avenue located in?
The 7606 South Olive Avenue is a house located in the neighborhood of Seville in Seville, West Palm Beach.
What is the average sales price for listings in 7606 South Olive Avenue?
The average sales price for units in 7606 South Olive Avenue is $589,000 , or $355/sqft. currently.

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