NOT LISTED FOR SALE

4931 Wedgewood Way Unit 6 West Palm Beach, FL 33417

Estimated Value: $175,000 - $213,000

2 Beds
1 Bath
888 Sq Ft
$175/mo HOA Fee

Last Sold August 31, 2023

Last sale price $177,500 $200 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,382/month

218 Days on Market

Highlights

  • Garden View
  • Guest Parking
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Washer and Dryer

About This Home

As of August 2023

Great opportunity to own income producing property with low expenses and instant return on investment. Sold together with unit #3 in same building (MLS# RX-10860816). Currently rented at market rate making this a perfect investor package. Apartment has 2 bedrooms and 1 full bathroom with nice open floor plan. Porcelain tile floors and central AC replaced in 2020, new water heater and laundry hookups. Only 8 units in the building located walking distance to shopping, bus stop and nearby to major highways, Cityplace and beaches. Unit must be purchased together as package with unit #3. Owner is licensed real estate consultant.

Last Agent to Sell the Property

Jose Pereira

United Realty Group, Inc License #3082926 Listed on: 01/24/2023

United Realty Group, Inc

Last Buyer's Agent

Pedro Bagnoli

Realty Home Advisors Inc License #3530818

Realty Home Advisors Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,399

Year Built

  • Built in 1972

Lot Details

  • 1

HOA Fees

  • $175 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 888 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Garden Views
  • Security Lights
  • Washer and Dryer

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Stacked Bedrooms
  • 1 Full Bathroom

Parking

  • Guest Parking
  • Assigned Parking

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00424325140000060

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, sewer, water
  • 8 Units
  • Chelsea Of Wedgewood Cond Subdivision

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,399

Year Built

Built in 1972

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Okeechobee Blvd to Haverhill Rd south to Wedgewood Way east then to second entrance on the left. Building is at the end on the right.
  • Year Built: 1972
  • Entry Level: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Living/Dining Room, Stacked Bedrooms
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 888.0
  • Stories: 2
  • Window Features: Blinds

Exterior Features

  • View: Garden
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

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

Condo/Co-op/Association

  • Association Fee: 175.0
  • Community Features: Non-Gated, Sidewalks
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Sewer, Water

Lot Info

  • Parcel #: 00424325140000060
  • Lot Size Sq Ft: 43560.0
  • Zoning Description: RH
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1399.0

Multi Family

  • Number Of Units In Community: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2023
Closed on
Aug 21, 2023
Sold by
Pereira Jose and Pereira Josefina
Bought by
Flapega Llc
Seller's Agent
Jose Pereira
United Realty Group, Inc
Buyer's Agent
Pedro Bagnoli
Realty Home Advisors Inc
List Price
$192,000
Sold Price
$177,500
Premium/Discount to List
-$14,500
-7.55%
Views
117
Current Estimated Value
$186,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,175
Avg. Annual Appreciation
2.22%

Purchase Details

Closed on
Oct 30, 2003
Sold by
Boussie George T and Boussie Catherine A
Bought by
Pereira Jose

Purchase Details

Closed on
Sep 29, 1995
Sold by
Pickles John and Pickles Nancy
Bought by
Boussie George T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,500
Interest Rate
7.83%
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
Flapega Llc $177,500 New Path Title
Flapega Llc $177,500 New Path Title
Pereira Jose $28,000 Fidelity National Title Ins
Boussie George T $19,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boussie George T $17,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2023 08/31/23 Sold $177,500 -6.1% $200 / Sq Ft
02/16/2023 02/16/23 Price Changed $189,000 -10.0% $213 / Sq Ft
01/24/2023 01/24/23 Price Changed $210,000 +9.4% $236 / Sq Ft
01/24/2023 01/24/23 For Sale $192,000 -- $216 / 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
2025 $2,705 $147,000 -- --
2024 $2,705 $147,000 -- --
2023 $1,609 $62,005 $0 $0
2022 $1,457 $56,368 $0 $0
2021 $1,276 $67,000 $0 $67,000
2020 $1,233 $67,000 $0 $67,000
2019 $1,097 $52,000 $0 $52,000
2018 $997 $50,000 $0 $50,000
2017 $849 $35,000 $0 $0
2016 $830 $31,944 $0 $0
2015 $809 $29,040 $0 $0
2014 $741 $26,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jose Pereira

    Seller's Agent in 2023

    Jose Pereira

    United Realty Group, Inc

    (561) 429-2070

    3 Total Sales

    Jose Pereira
    Section Image

  • P

    Buyer's Agent in 2023

    Pedro Bagnoli

    Realty Home Advisors Inc

    (561) 847-6910

    8 Total Sales

    Pedro Bagnoli
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10860822

BeachesMLS

APN: 00-42-43-25-14-000-0060

Florida Palm Beach County West Palm Beach 33417

4931 Wedgewood Way Unit 6, West Palm Beach, FL

Not Listed for Sale

Condos

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