$396,000 - $458,000
RENTED SEP 1, 2024

502 5th Ln Palm Beach Gardens, FL 33418

2 Beds
2.5 Baths
1,596 Sq Ft
$260 Price per Sq Ft

Last Sold August 19, 2021

Last sale price $310,000 $194 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,767/month

Highlights

  • Water Views
  • Great Room
  • Den
  • Timber Trace Elementary School Rated A
  • Tennis Courts
  • Walk-In Closet

About This Home

As of September 2024

Terrific Townhome in the heart of Palm Beach Gardens. 2 Bedroom , 2.5 bath with a Bonus Den or office. Beautiful wood like porcelain tile floors throughout.. Spacious Great room with sliders that lead to a huge fenced patio to Barbecue and Entertain. Garden Lakes is a quick ride to the beautiful beaches and close to all the casual & fine restaurants on PGA Blvd and shopping at the Gardens Mall & Downtown Shoppes. 5 min to the Turnpike, I-95 and 20 minutes to the Airport. Terrific Townhome, Perfect location..

Last Agent to Rent the Property

Phil Cacciatore

The Keyes Company (PBG) License #3164856 Listed on: 06/26/2024

The Keyes Company (PBG)

Last Renter's Agent

Brett Boettge

Real Broker, LLC License #3258525

Real Broker, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,063

Year Built

  • Built in 1978

Lot Details

  • 1,481

Interior Spaces

  • 1,596 Sq Ft Home
  • Ceiling Fan
  • Great Room
  • Den
  • Tile Flooring
  • Water Views

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Dual Sinks

Laundry

  • Laundry Room
  • Dryer

Home Security

Parking

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

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Additional Features

  • Patio
  • Sprinkler System

Listing and Financial Details

  • Property Available on 7/1/24
  • Assessor Parcel Number 52424201040000502

Community Details

Overview

  • Garden Lakes Subdivision

Recreation

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

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,063

Year Built

Built in 1978

Lot Details

0

Rental Info

  • Tenant Pays: Exterior Electric, Water
  • Available Date: 2024-07-01

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: PGA Blvd. to west of Military Trail, north on Garden Square Blvd. to 5th Lane
  • Year Built: 1978
  • Entry Level: 1
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1596.0
  • Dining Room Type: Den, Great Room, Laundry

Exterior Features

  • Exterior Features: Patio
  • View: Other, Water
  • Lot Features: Sprinklers Automatic
  • Pool Features: None
  • Waterfront: No
  • Patio And Porch Features: Patio

Garage/Parking

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

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Non-Gated, Park, Property Manager On-Site, Street Lights, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Management, Pickleball, Tennis Court(s)

Lot Info

  • Parcel #: 52424201040000502
  • Land Lease Amount Frequency: Monthly
  • Lot Size: Paved Road

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2021
Closed on
Aug 19, 2021
Sold by
Solomon Brandon Neal
Bought by
Gill Fahad and Jawaid Maheen
Seller's Agent
Brandon Solomon
Douglas Elliman
List Price
$349,000
Sold Price
$310,000
Premium/Discount to List
-$39,000
-11.17%
Current Estimated Value
$415,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,136
Avg. Annual Appreciation
7.57%
Original Mortgage
$279,000
Outstanding Balance
$254,790
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$160,346

Purchase Details

Listed on
Nov 8, 2017
Closed on
Dec 15, 2017
Sold by
Hartman Ryan and Hartman Celeste
Bought by
Solomon Brandon Neal
Seller's Agent
Anne Warner
Water Pointe Realty Group
List Price
$229,000
Sold Price
$225,000
Premium/Discount to List
-$4,000
-1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.10%

Purchase Details

Closed on
May 2, 2014
Sold by
Hometown Community Development Corporati
Bought by
Hartman Ryan and Hartman Celeste

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
4.2%
Mortgage Type
VA

Purchase Details

Listed on
Jun 21, 2013
Closed on
Aug 7, 2013
Sold by
Bank Of America Na
Bought by
Hometown Community Development Corporati and Homestrong Usa
Seller's Agent
Myra Beams
Coastal Living Realty
Buyer's Agent
Myra Beams
Coastal Living Realty
List Price
$99,900
Sold Price
$99,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.66%

Purchase Details

Closed on
Jun 17, 2013
Sold by
Huse Synnove and Cross Keith
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Aug 30, 2006
Sold by
Parker Sidney D and Parker Peggy
Bought by
Huse Synnove

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,600
Interest Rate
8%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 6, 2004
Sold by
Bellak Molly
Bought by
Parker Sydney D and Parker Peggy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,470
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 18, 1994
Sold by
Schmoll Marion B
Bought by
Sellers Thomas H and Sellers Aimee M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,100
Interest Rate
7.13%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 17, 1993
Sold by
Bellak Molly and Bellak Seymour
Bought by
Bellak Molly
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gill Fahad $310,000 Attorney
Solomon Brandon Neal $225,000 North American Title Co
Hartman Ryan $165,000 Buyers Title Inc
Hometown Community Development Corporati -- Attorney
Bank Of America Na $99,900 Attorney
Hsbc Bank Usa National Association $89,900 None Available
Huse Synnove $158,000 First American Title Ins Co
Parker Sydney D $148,300 --
Sellers Thomas H $65,000 --
Bellak Molly -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gill Fahad $279,000
Previous Owner Solomon Brandon Neal $115,000
Previous Owner Solomon Steven B $75,000
Previous Owner Hartman Ryan $33,000
Previous Owner Hartman Ryan $132,000
Previous Owner Cross Keith $185,600
Previous Owner Huse Synnove $150,100
Previous Owner Parker Sydney D $133,470
Previous Owner Sellers Thomas H $65,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2024 09/01/24 Rented $2,650 -3.6% --
06/26/2024 06/26/24 For Rent $2,750 0.0% --
08/19/2021 08/19/21 Sold $310,000 -11.2% $194 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $349,000 0.0% $219 / Sq Ft
05/11/2020 05/11/20 Rented $2,000 -9.1% --
04/11/2020 04/11/20 Under Contract -- -- --
01/07/2020 01/07/20 For Rent $2,200 0.0% --
12/15/2017 12/15/17 Sold $225,000 -1.7% $141 / Sq Ft
11/15/2017 11/15/17 Pending -- -- --
11/08/2017 11/08/17 For Sale $229,000 +38.8% $143 / Sq Ft
08/11/2014 08/11/14 Sold $165,000 0.0% $103 / Sq Ft
07/12/2014 07/12/14 Pending -- -- --
04/06/2014 04/06/14 For Sale $165,000 +65.2% $103 / Sq Ft
09/10/2013 09/10/13 Sold $99,900 0.0% $63 / Sq Ft
08/11/2013 08/11/13 Pending -- -- --
06/21/2013 06/21/13 For Sale $99,900 -- $63 / 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
2024 $6,063 $330,642 -- --
2023 $4,213 $265,412 $0 $0
2022 $4,189 $257,682 $0 $0
2021 $4,152 $206,520 $0 $206,520
2020 $3,945 $194,520 $0 $194,520
2019 $3,812 $185,520 $0 $185,520
2018 $3,718 $185,427 $0 $185,427
2017 $2,262 $149,520 $0 $0
2016 $2,254 $146,445 $0 $0
2015 $2,303 $145,427 $0 $0
2014 $2,577 $115,427 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Phil Cacciatore

    Landlord's Agent in 2024

    Phil Cacciatore

    The Keyes Company (PBG)

    (561) 889-4808

    37 Total Sales

    Section Image
  • Brett Boettge

    Tenant's Agent in 2024

    Brett Boettge

    Real Broker, LLC

    (561) 859-1839

    69 Total Sales

    Section Image

  • B

    Seller's Agent in 2021

    Brandon Solomon

    Douglas Elliman

    (561) 371-5936

    65 Total Sales

    Section Image
  • Anne Warner

    Seller's Agent in 2017

    Anne Warner

    Water Pointe Realty Group

    (772) 713-7223

    148 Total Sales

    Section Image

  • M

    Seller's Agent in 2014

    Myra Beams

    Coastal Living Realty

  • C

    Buyer's Agent in 2014

    Carol Clawson

    Inactive Member

See All Agents

Map

Source: BeachesMLS

MLS Number: R10999579

BeachesMLS

APN: 52-42-42-01-04-000-0502

Florida Palm Beach County Palm Beach Gardens 33418

502 5th Ln, Palm Beach Gardens, FL

This home is located at 502 5th Ln, Palm Beach Gardens, FL 33418 since 26 June 2024 and is currently priced at $415,136. This property was built in 1978. 502 5th Ln is a home located in Palm Beach County with nearby schools including Timber Trace Elementary School, Watson B. Duncan Middle School, and Palm Beach Gardens 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.

Nearby Homes