NOT LISTED FOR SALE

1602 16th Way West Palm Beach, FL 33407

Spencer Lakes Neighborhood

Estimated Value: $268,149 - $277,000

2 Beds
2.5 Baths
1,236 Sq Ft
$221/Sq Ft Est. Value

Last Sold June 14, 2018

Last sale price $189,500 $153 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,994/month

6 Days on Market

Highlights

  • Clubhouse
  • Community Pool
  • Balcony
  • Garden View
  • Tennis Courts
  • Walk-In Closet

About This Home

As of June 2018

This townhouse has been completely remodeled with top of the line materials and is conveniently located in the heart of West Palm Beach. New floors, bathrooms and kitchen make this completely move in ready. A brand new AC unit was installed this month and the entire home has been freshly painted. This is a two story home with 2 bedrooms and bathrooms upstairs and an additional powder room downstairs. The sellers took a lot of pride in this renovation and no detail has been missed. Enjoy your incredible new home and private outdoor, fenced patio.

Last Agent to Sell the Property

Nikki Klein

Real Broker, LLC License #3291052 Listed on: 05/08/2018

Real Broker, LLC

Last Buyer's Agent

Dominique Mauger

Raya License #3322519

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,379

Year Built

  • Built in 1983

Lot Details

  • 1,345 Sq Ft Lot
  • Fenced

HOA Fees

  • $340 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Guest Parking
  • Assigned Parking

Home Design

  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,236 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 74424301070000844

Community Details

Overview

  • Association fees include common areas, pool(s)
  • Village Of Sandalwood Lak Subdivision

Recreation

  • Tennis Courts
  • Community Pool
  • Park
  • Trails

Pet Policy

  • Pets Allowed

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,379

Year Built

Built in 1983

Lot Details

0

HOA Fees

$340 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: Coming from 95, go west on 45th Street. Turn right onto Shiloh Drive. Then, turn left on Liberty Oak Ave, Turn right onto 16th Way.
  • Year Built: 1983
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1236.0
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Fence, Patio
  • View: Garden
  • Lot Features: < 1/4 Acre
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block, Pre-Cast Concrete
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Guest, Two or More Spaces

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 340.0
  • Community Features: Clubhouse, Park, Pool, Street Lights, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Pool, Tennis Court(s), Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Pool(s)

Lot Info

  • Parcel #: 74424301070000844
  • Lot Size Sq Ft: 1345.0
  • Zoning Description: RPD(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2379.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2018
Closed on
Jun 14, 2018
Sold by
Sotolongo Spenser T and Sotolongo Samantha E
Bought by
Frederick Marc C
Seller's Agent
Nikki Klein
Real Broker, LLC
Buyer's Agent
Dominique Mauger
Raya
List Price
$189,500
Sold Price
$189,500
Current Estimated Value
$273,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,537
Avg. Annual Appreciation
5.87%
Original Mortgage
$180,025
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Frederick Marc C $189,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frederick Marc C $235,000
Closed Frederick Marc C $180,025
Previous Owner Sotolongo Adel $525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2018 06/14/18 Sold $189,500 0.0% $153 / Sq Ft
05/15/2018 05/15/18 Pending -- -- --
05/08/2018 05/08/18 For Sale $189,500 -- $153 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,542 $144,590 -- --
2023 $2,458 $140,379 $0 $0
2022 $2,380 $136,290 $0 $0
2021 $2,339 $132,320 $0 $0
2020 $2,299 $130,493 $0 $130,493
2019 $3,187 $127,493 $0 $127,493
2018 $2,598 $122,405 $0 $122,405
2017 $2,379 $111,405 $0 $0
2016 $2,217 $83,062 $0 $0
2015 $2,063 $75,511 $0 $0
2014 $1,906 $68,646 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nikki Klein

    Seller's Agent in 2018

    Nikki Klein

    Real Broker, LLC

    (561) 325-9687

    138 Total Sales

    Nikki Klein
    Section Image

  • D

    Buyer's Agent in 2018

    Dominique Mauger

    Raya

    (631) 235-7262

    3 Total Sales

    Dominique Mauger
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10430202

BeachesMLS

APN: 74-42-43-01-07-000-0844

Florida Palm Beach County West Palm Beach 33407 Spencer Lakes

1602 16th Way, West Palm Beach, FL

This home is located at 1602 16th Way, West Palm Beach, FL 33407 since 08 May 2018 and is currently estimated at $273,037, approximately $220 per square foot. This property was built in 1983. 1602 16th Way is a home located in Palm Beach County with nearby schools including Egret Lake Elementary School, Bear Lakes Middle School, and Palm Beach Lakes Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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