RENTED MAY 1, 2025

1612 16th Way West Palm Beach, FL 33407

Spencer Lakes Neighborhood

Estimated Value: $232,000 - $277,000

2 Beds
2.5 Baths
1,236 Sq Ft
$206/Sq Ft Est. Value

Highlights

  • Garden View
  • Tennis Courts
  • Built-In Features
  • Community Pool
  • Separate Shower in Primary Bathroom
  • Patio

About This Home

As of May 2025

NICE TOWNHOUSE 2 BED 2.5 BATH UPDATED NEW KITCHEN CABINENT AND NEW COUNTERTOUP ,UPDATE SHOWER CERAMIC TILE FIRST FLOOR ,WOOD IN BEDROOM.WATER, SEWER, BASIC CABLE INCLUDES IN RENT.

Last Agent to Rent the Property

Ash Michael

Oasis Florida Properties License #3366180 Listed on: 03/18/2025

Last Renter's Agent

Kaylene Durrant

Realty ONE Group Innovation License #3624205

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1983

Parking

  • Over 1 Space Per Unit

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,236 Sq Ft Home
  • Built-In Features
  • Garden Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Patio
  • Fenced

Listing and Financial Details

  • Property Available on 4/1/25
  • Assessor Parcel Number 74424301070000892
  • Seller Considering Concessions

Community Details

Overview

  • 400 Units
  • Village Of Sandalwood Lak Subdivision

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Pool
  • Park
  • Trails

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Year Built

Built in 1983

Lot Details

0

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2025-04-01

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Year Built: 1983
  • Entry Level: 2
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Split Bedrooms, Separate Shower
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1236.0
  • Dining Room Type: Laundry

Exterior Features

  • Exterior Features: Fence, Patio
  • View: Garden
  • Lot Features: < 1/4 Acre
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Yn: No
  • Parking Features: Two or More Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Non-Gated, Park, Pool, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Pool, Tennis Court(s), Trail(s)
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 74424301070000892
  • Land Lease Amount Frequency: Monthly
  • Lot Size: < 1/4 Acre

Multi Family

  • Number Of Units In Community: 400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2010
Sold by
Us Bank Na
Bought by
Total Reality Concepts Inc
Current Estimated Value
$254,483

Purchase Details

Closed on
Dec 29, 2009
Sold by
Portocarrero Jhony Martin
Bought by
Us Bank Na

Purchase Details

Closed on
Jan 28, 2008
Sold by
Portocarrero Jhony Martin and Tejada Vilma
Bought by
Village Of Sandalwood Lakes Homeowners A

Purchase Details

Closed on
Apr 29, 2005
Sold by
Rozendal Peter J
Bought by
Portocarrero Jhony Martin and Tejada Vilma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,800
Interest Rate
8.71%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 11, 2002
Sold by
Bitowft Robert J
Bought by
Ryan Michael and Ryan Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
6.51%

Purchase Details

Closed on
Oct 23, 2001
Sold by
Sirois Paula B and Plasencia William
Bought by
Bitowft Robert J

Purchase Details

Closed on
Jul 6, 1999
Sold by
Pechac Thomas J and Pechac Sheila S
Bought by
Sirois Paula B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
7.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 1996
Sold by
Pechac Sheila S
Bought by
Pechac Thomas J and Pechac Sheila S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
7.15%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Total Reality Concepts Inc $65,000 Champion Title & Trust Corp
Us Bank Na -- None Available
Village Of Sandalwood Lakes Homeowners A -- None Available
Village Of Sandalwood Lakes Homeowners A -- None Available
Portocarrero Jhony Martin $184,000 Flagler Title Company
Ryan Michael $85,000 --
Bitowft Robert J $80,000 --
Sirois Paula B $65,000 --
Pechac Thomas J $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Portocarrero Jhony Martin $174,800
Previous Owner Ryan Michael $68,000
Previous Owner Pechac Thomas J $63,000
Previous Owner Pechac Thomas J $44,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2025 05/01/25 Rented $2,200 0.0% --
03/29/2025 03/29/25 For Rent $2,200 +10.0% --
06/01/2023 06/01/23 Rented $2,000 0.0% --
05/17/2022 05/17/22 Under Contract -- -- --
05/04/2022 05/04/22 For Rent $2,000 +42.9% --
10/19/2019 10/19/19 Rented -- -- --
09/19/2019 09/19/19 Under Contract -- -- --
03/06/2019 03/06/19 For Rent $1,400 -- --
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
2025 $4,486 $195,857 -- --
2024 $4,486 $178,052 -- --
2023 $4,181 $161,865 $0 $0
2022 $3,720 $147,150 $0 $0
2021 $3,346 $142,493 $0 $142,493
2020 $3,089 $130,493 $0 $130,493
2019 $2,932 $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

  • Ash Michael

    Landlord's Agent in 2025

    Ash Michael

    Oasis Florida Properties

    (561) 373-2024

    1 in this area

    34 Total Sales

    Ash Michael
    Section Image

  • K

    Tenant's Agent in 2025

    Kaylene Durrant

    Realty ONE Group Innovation

  • A

    Buyer's Agent in 2019

    Amanda Vickers

    Keller Williams Realty - Welli

    (561) 644-8505

    71 Total Sales

    Amanda Vickers
    Section Image
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Map

Source: BeachesMLS

MLS Number: R11072795

BeachesMLS

APN: 74-42-43-01-07-000-0892

Florida Palm Beach County West Palm Beach 33407 Spencer Lakes

1612 16th Way, West Palm Beach, FL

Not Listed for Sale

Townhouses

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