NOT LISTED FOR SALE

4009 40th Way West Palm Beach, FL 33407

Spencer Lakes Neighborhood

Estimated Value: $256,667 - $321,000

2 Beds
2.5 Baths
1,236 Sq Ft
$224/Sq Ft Est. Value

Last Sold January 19, 2021

Last sale price $168,500 $136 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,219/month

150 Days on Market

Highlights

  • Community Pool
  • Separate Shower in Primary Bathroom
  • Patio
  • Tennis Courts
  • Walk-In Closet
  • Park

About This Home

As of January 2021

2 Bedroom / 2.5 Bath Village of Sandalwood Lakes TOWNHOUSE, full size washer & dryer, walk in closet, hurricane panels, fenced patio is perfect for entertaining & barbecues. Basic CABLE & WATER INCLUDED with hoa. Community Amenities include Scenic Lake views, Pools, Tennis, Pickleball, Racquetball, Basketball Courts, Playgrounds, and Exercise Trails. Located approx 1.5 miles to ''The Ballpark of the Palm Beaches'' Spring Training Home to the Washington Nationals & Houston Astros, within minutes of Palm Beach International Airport, beaches, shopping, & entertainment.

Last Agent to Sell the Property

Louise Barrette

Keystone Realty Group, Inc License #3232397 Listed on: 07/22/2020

Last Buyer's Agent

Pablo Estupinan

Partnership Realty Inc. License #3331839

Partnership Realty Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,931

Year Built

  • Built in 1984

Lot Details

  • 1,350

HOA Fees

  • $340 Monthly HOA Fees

Home Design

  • Tar and Gravel Roof

Interior Spaces

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

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Over 1 Space Per Unit
  • Guest Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • Fenced

Listing and Financial Details

  • Assessor Parcel Number 74424301090002003

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, ground maintenance, roof, trash, water
  • 888 Units
  • Built by DiVosta Homes
  • Village Of Sandalwood Lak Subdivision

Recreation

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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,931

Year Built

Built in 1984

Lot Details

0

HOA Fees

$340 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: I-95 to 45th St, west to Village Blvd, south to Shiloh, west to Shaker Way, right to 40th Way
  • Year Built: 1984
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, 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: Fence, Patio
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Builder Name: DiVosta Homes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Tar/Gravel

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest, Two or More Spaces

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 340.0
  • Community Features: Non-Gated, Park, Pickleball, Pool, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Pickleball, Pool, Tennis Court(s), Trail(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Grounds, Roof, Trash, Water

Lot Info

  • Parcel #: 74424301090002003
  • Zoning Description: RPD(ci

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2931.0

Multi Family

  • Number Of Units In Community: 888

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2020
Closed on
Jan 15, 2021
Sold by
Holder Keith E
Bought by
Gomez Lopez Julio Oscar
Seller's Agent
Louise Barrette
Keystone Realty Group, Inc
Buyer's Agent
Pablo Estupinan
Partnership Realty Inc.
List Price
$173,500
Sold Price
$168,500
Premium/Discount to List
-$5,000
-2.88%
Current Estimated Value
$277,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,917
Avg. Annual Appreciation
10.67%
Original Mortgage
$163,445
Outstanding Balance
$146,542
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$123,990
Source: Public Records

Range of Values:

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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
Gomez Lopez Julio Oscar $168,500 First International Ttl Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomez Lopez Julio Oscar $163,445
Previous Owner Holder Keith E $111,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2021 01/19/21 Sold $168,500 -2.9% $136 / Sq Ft
12/20/2020 12/20/20 Pending -- -- --
07/22/2020 07/22/20 For Sale $173,500 0.0% $140 / Sq Ft
01/04/2012 01/04/12 Rented $1,000 -9.1% --
12/05/2011 12/05/11 Under Contract -- -- --
11/21/2011 11/21/11 For Rent $1,100 -- --
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 $4,971 $212,366 -- --
2023 $4,590 $193,060 $0 $0
2022 $4,098 $175,509 $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

  • Louise Barrette

    Seller's Agent in 2021

    Louise Barrette

    Keystone Realty Group, Inc

    (561) 502-1730

    4 in this area

    23 Total Sales

    Louise Barrette
    Section Image

  • P

    Buyer's Agent in 2021

    Pablo Estupinan

    Partnership Realty Inc.

    (561) 386-0649

    2 in this area

    36 Total Sales

    Pablo Estupinan
    Section Image
  • Myles Minns

    Seller's Agent in 2012

    Myles Minns

    Continental Properties, Inc.

    (732) 207-3141

    5 in this area

    119 Total Sales

    Myles Minns
    Section Image

  • R

    Buyer's Agent in 2012

    Robert Hansen

    Inactive Member

See All Agents

Map

Source: BeachesMLS

MLS Number: R10640762

BeachesMLS

APN: 74-42-43-01-09-000-2003

Florida Palm Beach County West Palm Beach 33407 Spencer Lakes

4009 40th Way, West Palm Beach, FL

This home is located at 4009 40th Way, West Palm Beach, FL 33407 since 22 July 2020 and is currently estimated at $277,417, approximately $224 per square foot. This property was built in 1984. 4009 40th 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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