NOT LISTED FOR SALE

5005 S Olive Ave West Palm Beach, FL 33405

South End Neighborhood

Estimated Value: $3,090,000 - $3,447,000

4 Beds
3 Baths
3,045 Sq Ft
$1,078/Sq Ft Est. Value

Last Sold May 26, 2022

Last sale price $2,800,000 $920 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $22,399/month

59 Days on Market

Highlights

  • Private Pool
  • Marble Flooring
  • Pool View
  • Vaulted Ceiling
  • Mediterranean Architecture
  • Home Security System

About This Home

As of May 2022

Gorgeous newer construction in the sought after South of Southern neighborhood. Walk through the light filled foyer and be wowed by the incredible high ceilings and open floor plan. No detailswere missed in the construction from crown moldings to breathtaking marble floors. One of a kind indoor/outdoor living space that creates an unparalleled living experience. The Primary Bedroomfeatures a sun filled sitting area with expansive bedroom space and bathroom. Lovely dining room and large office/den with glass French doors. Stunning salt water pool and spa with outdoor kitchencomplete the indoor/outdoor living experience. Just a block from South Flagler and the Intracoastal Waterway. Large lot with plenty of green space.

Last Agent to Sell the Property

John Basilone

LPT Realty, LLC License #3493687 Listed on: 02/25/2022

LPT Realty, LLC

Last Buyer's Agent

John Clairmont

One Sotheby's International Re License #3260821

One Sotheby's International Re

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,911

Year Built

  • Built in 2020

Lot Details

  • 10,059 Sq Ft Lot
  • Lot Dimensions are 98x99x107x99
  • Property is zoned SF14(c

Parking

  • 2 Car Garage

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 3,045 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Marble Flooring
  • Pool Views
  • Home Security System

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Community Details

  • Wickliffe Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74434403120000351

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,911

Year Built

Built in 2020

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: South of Southern Blvd on S Olive Ave.
  • Year Built: 2020
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Vaulted Ceiling(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Marble
  • Living Area: 3045.0
  • Dining Room Type: Laundry
  • Stories: 1

Exterior Features

  • Exterior Features: Outdoor Grill
  • View: Pool
  • Lot Features: < 1/4 Acre
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent, Pet on Property
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes

Utilities

  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Community Features: Non-Gated, Sidewalks
  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 74434403120000351
  • Lot Size: 98x99x107x99
  • Lot Size Sq Ft: 10059.0
  • Zoning Description: SF14(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 20911.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2022
Closed on
May 27, 2022
Sold by
Basilone and Kevin
Bought by
Parke James Joseph Grant and Parke Makenna Erin
Seller's Agent
John Basilone
LPT Realty, LLC
Buyer's Agent
John Clairmont
One Sotheby's International Re
List Price
$2,900,000
Sold Price
$2,800,000
Premium/Discount to List
-$100,000
-3.45%
Current Estimated Value
$3,283,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$483,033
Avg. Annual Appreciation
4.32%
Original Mortgage
$2,240,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 26, 2020
Closed on
Aug 27, 2020
Sold by
Troy Homes Llc
Bought by
Basilone Jack and Mcclatchy Kevin
Seller's Agent
Fahrettin Ergel
Troy Estates LLC
Buyer's Agent
GISELA MORO
Brown Harris Stevens of PB
List Price
$1,650,000
Sold Price
$1,320,000
Premium/Discount to List
-$330,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.68%

Purchase Details

Listed on
Apr 25, 2018
Closed on
Jul 30, 2018
Sold by
Easton Timothy
Bought by
Troy Homes Llc
Seller's Agent
Terry Tamlin
South Palm Realty
Buyer's Agent
Fahrettin Ergel
Troy Estates LLC
List Price
$370,000
Sold Price
$325,000
Premium/Discount to List
-$45,000
-12.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
96.17%

Purchase Details

Closed on
Oct 2, 2012
Sold by
Eaton Timothy and Eaton Mary Anna
Bought by
Eaton Timothy

Purchase Details

Closed on
Dec 6, 2006
Sold by
Nelson David
Bought by
Eaton Timothy and Eaton Mary Anna

Purchase Details

Closed on
Feb 14, 2005
Sold by
Marchese Vincent A and Marchese Sarah
Bought by
Nelson David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
6.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Parke James Joseph Grant $2,800,000 Christy Brady Janssen Pa
Basilone Jack $1,320,000 Blueline Title Company
Troy Homes Llc $325,000 First International Title In
Eaton Timothy -- Attorney
Eaton Timothy $300,000 Guardian Title Inc
Nelson David $295,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Parke James Joseph Grant $2,240,000
Previous Owner Basilone Jack $700,000
Previous Owner Troy Homes Llc $570,692
Previous Owner Nelson David M $145,900
Previous Owner Nelson David $206,000
Previous Owner Marchese Vincent A $137,000
Previous Owner Marchese Vincent A $107,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2022 05/26/22 Sold $2,800,000 -3.4% $920 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
02/25/2022 02/25/22 For Sale $2,900,000 +119.7% $952 / Sq Ft
08/27/2020 08/27/20 Sold $1,320,000 -20.0% $433 / Sq Ft
07/28/2020 07/28/20 Pending -- -- --
03/26/2020 03/26/20 For Sale $1,650,000 +407.7% $542 / Sq Ft
07/30/2018 07/30/18 Sold $325,000 -12.2% $258 / Sq Ft
06/30/2018 06/30/18 Pending -- -- --
04/25/2018 04/25/18 For Sale $370,000 0.0% $293 / Sq Ft
11/15/2013 11/15/13 Rented $1,550 -3.1% --
10/16/2013 10/16/13 Under Contract -- -- --
10/02/2013 10/02/13 For Rent $1,600 -- --
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 $53,089 $2,590,684 -- --
2023 $50,576 $2,450,035 $496,859 $1,953,176
2022 $23,911 $1,057,737 $0 $0
2021 $20,911 $961,579 $287,500 $674,079
2020 $4,548 $207,000 $207,000 $0
2019 $5,966 $264,500 $264,500 $0
2018 $6,384 $303,965 $225,000 $78,965
2017 $5,960 $288,296 $180,000 $108,296
2016 $5,496 $228,297 $0 $0
2015 $4,978 $207,543 $0 $0
2014 $4,920 $199,363 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    John Basilone

    LPT Realty, LLC

    (412) 551-9166

    1 in this area

    3 Total Sales

    Section Image
  • John Clairmont

    Buyer's Agent in 2022

    John Clairmont

    One Sotheby's International Re

    (561) 306-2026

    1 in this area

    39 Total Sales

    Section Image

  • F

    Seller's Agent in 2020

    Fahrettin Ergel

    Troy Estates LLC

    (561) 827-3141

    2 in this area

    25 Total Sales

    Section Image

  • M

    Seller Co-Listing Agent in 2020

    Mehmet Ozkurt

    Heartland Realty Group LLC

    (561) 827-3141

    1 in this area

    7 Total Sales

    Section Image

  • G

    Buyer's Agent in 2020

    GISELA MORO

    Brown Harris Stevens of PB

    (561) 805-5050

    3 in this area

    34 Total Sales

    Section Image

  • T

    Seller's Agent in 2018

    Terry Tamlin

    South Palm Realty

    (561) 588-0660

    26 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10779452

BeachesMLS

APN: 74-43-44-03-12-000-0351

Florida Palm Beach County West Palm Beach 33405 South End

5005 S Olive Ave, West Palm Beach, FL

This home is located at 5005 S Olive Ave, West Palm Beach, FL 33405 since 25 February 2022 and is currently estimated at $3,283,033, approximately $1,078 per square foot. This property was built in 2020. 5005 S Olive Ave is a home located in Palm Beach County with nearby schools including South Olive Elementary School, Conniston Middle School, and Forest Hill 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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