4701 47th Way West Palm Beach, FL 33407
Spencer Lakes Neighborhood
2
Beds
2.5
Baths
1,236
Sq Ft
$671/mo
HOA Fee
Highlights
- Community Cabanas
- Tennis Courts
- Central Heating and Cooling System
- Clubhouse
- Tile Flooring
- Trails
About This Home
As of May 2025Welcome to this charming 2-story townhome located in a serene and quiet community in the heart of West Palm Beach. With a little TLC and creativity, this property presents a wonderful opportunity for someone looking to make it their own or an investor searching for great potential. The home offers a solid foundation and plenty of space to envision your dream renovation.
Last Agent to Sell the Property
LPT Realty, LLC License #3534352 Listed on: 12/15/2024
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $4,979
Year Built
- Built in 1984
Lot Details
- 1,346 Sq Ft Lot
HOA Fees
- $671 Monthly HOA Fees
Interior Spaces
- 1,236 Sq Ft Home
- 2-Story Property
- Washer and Dryer
Kitchen
- Electric Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
Utilities
- Central Heating and Cooling System
- Water Not Available
Listing and Financial Details
- Assessor Parcel Number 74424301090001922
- Seller Considering Concessions
Community Details
Overview
- Association fees include common areas, cable TV, ground maintenance, maintenance structure, roof
- Village Of Sandalwood Lak Subdivision
Amenities
- Clubhouse
Recreation
- Tennis Courts
- Community Basketball Court
- Community Cabanas
- Community Pool
- Trails
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 27, 2025
Closed on
May 1, 2025
Sold by
Lambrou Enterprises Llc
Bought by
Davila Nicolas
Seller's Agent
DEREK LAMBROU
Village Realty Group LLC
Buyer's Agent
Morgan Clarke
Illustrated Properties LLC (Jupiter)
List Price
$339,000
Sold Price
$320,800
Premium/Discount to List
-$18,200
-5.37%
Total Days on Market
27
Views
18
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-14.64%
Original Mortgage
$248,800
Outstanding Balance
$248,800
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$59,553
Purchase Details
Listed on
Dec 15, 2024
Closed on
Jan 17, 2025
Sold by
Ward Patricia S and Macdiarmid Katherine
Bought by
Lambrou Enterprises Llc
Seller's Agent
Hannah Scheurer
LPT Realty, LLC
Buyer's Agent
DEREK LAMBROU
Village Realty Group LLC
List Price
$240,000
Sold Price
$200,000
Premium/Discount to List
-$40,000
-16.67%
Views
6
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
410.04%
Similar Homes in West Palm Beach, FL
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $320,800 | Trident Title | |
| Deed | $200,000 | First American Title Insurance | |
| Deed | $200,000 | First American Title Insurance |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $248,800 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/02/2025 05/02/25 | Sold | $320,800 | -4.2% | $260 / Sq Ft |
| 03/17/2025 03/17/25 | Price Changed | $335,000 | -0.9% | $271 / Sq Ft |
| 03/10/2025 03/10/25 | Price Changed | $338,000 | -0.3% | $273 / Sq Ft |
| 02/27/2025 02/27/25 | For Sale | $339,000 | +69.5% | $274 / Sq Ft |
| 01/17/2025 01/17/25 | Sold | $200,000 | -16.7% | $162 / Sq Ft |
| 01/11/2025 01/11/25 | Pending | -- | -- | -- |
| 12/15/2024 12/15/24 | For Sale | $240,000 | -- | $194 / Sq Ft |
Source: BeachesMLS
Tax History Compared to Growth
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 | $5,370 | $240,609 | -- | -- |
| 2023 | $4,979 | $220,609 | $0 | $220,609 |
| 2022 | $926 | $68,266 | $0 | $0 |
| 2021 | $912 | $66,278 | $0 | $0 |
| 2020 | $892 | $65,363 | $0 | $0 |
| 2019 | $892 | $63,893 | $0 | $0 |
| 2018 | $782 | $62,702 | $0 | $0 |
| 2017 | $742 | $61,412 | $0 | $0 |
| 2016 | $734 | $60,149 | $0 | $0 |
| 2015 | $737 | $59,731 | $0 | $0 |
| 2014 | $739 | $59,257 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
D
Seller's Agent in 2025
DEREK LAMBROU
Village Realty Group LLC
-
H
Seller's Agent in 2025
Hannah Scheurer
LPT Realty, LLC
-
M
Buyer's Agent in 2025
Morgan Clarke
Illustrated Properties LLC (Jupiter)
Map
Source: BeachesMLS
MLS Number: R11045084
APN: 74-42-43-01-09-000-1922
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