$270,000 - $306,000
RENTED MAY 15, 2025

502 5th Way West Palm Beach, FL 33407

Spencer Lakes Neighborhood
2 Beds
3 Baths
1,236 Sq Ft
$232 Price per Sq Ft

Last Sold December 15, 2021

Last sale price $238,000 $193 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,089/month

About This Home

As of December 2021

Beautifully renovated townhouse in the heart of West Palm Beach just minutes from the beach, downtown WPB, airport and everything you need. The townhouse offers spacious living space with lots of natural lights, white tile floor throughout first floor living area with contrasting dark wood cabinets and stainless-steel appliances. Both bedrooms feature natural tone wood floor. Large fenced in courtyard perfect for lounging and entertaining. Come see for yourself. It looks even better in person!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2021
Closed on
Dec 15, 2021
Sold by
Marieht Valencia Ana
Bought by
Duarte Silvia T
Seller's Agent
Luban Quiceno
Treasure Property Group LLC
Buyer's Agent
Tawan Boonpunya
Sutter & Nugent LLC
List Price
$249,000
Sold Price
$238,000
Premium/Discount to List
-$11,000
-4.42%
Current Estimated Value
$287,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,215
Avg. Annual Appreciation
5.60%
Original Mortgage
$138,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2017
Sold by
Valencia Ana Marieht and The 502 5Th Way Trust
Bought by
Valencia Ana Marieht

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,250
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2016
Bought by
Valencia Ana Marieht

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Duarte Silvia T $238,000 Loterstein Mark J
Valencia Ana Marieht -- Clear Lake Title Svcs Inc
Valencia Ana Mareith -- Clear Lake Title Services In
Valencia Ana Marieht $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Duarte Silvia T $138,000
Previous Owner Valencia Ana Mareith $107,250
Previous Owner Ryerson William G $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 Rented $2,350 0.0% --
04/16/2025 04/16/25 Under Contract -- -- --
02/24/2025 02/24/25 For Rent $2,350 +2.2% --
06/28/2022 06/28/22 For Rent $2,300 0.0% --
06/28/2022 06/28/22 Rented $2,300 0.0% --
12/15/2021 12/15/21 Sold $238,000 -4.4% $193 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $249,000 0.0% $201 / Sq Ft
02/05/2021 02/05/21 Rented $1,700 0.0% --
01/06/2021 01/06/21 Under Contract -- -- --
12/18/2020 12/18/20 For Rent $1,700 +6.3% --
05/03/2019 05/03/19 For Rent $1,600 0.0% --
05/03/2019 05/03/19 Rented $1,600 -- --

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 $5,768 $250,844 -- --
2023 $5,343 $228,040 $0 $0
2022 $4,768 $207,309 $0 $0
2021 $3,476 $142,493 $0 $142,493
2020 $3,222 $130,493 $0 $130,493
2019 $3,187 $127,493 $0 $127,493
2018 $2,928 $122,405 $0 $122,405
2017 $2,684 $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

  • Tawan Boonpunya

    Seller's Agent in 2025

    Tawan Boonpunya

    Sutter & Nugent LLC

    (561) 249-7266

    1 in this area

    17 Total Sales

    Tawan Boonpunya
    Section Image

  • J

    Buyer's Agent in 2025

    Jessica Ferran

    Realty ONE Group Innovation

    12 Total Sales

    Jessica Ferran
    Section Image
  • Roxanne Esteves

    Buyer's Agent in 2022

    Roxanne Esteves

    KW Reserve

    (561) 429-3340

    2 in this area

    38 Total Sales

    Roxanne Esteves
    Section Image
  • Luban Quiceno

    Seller's Agent in 2021

    Luban Quiceno

    Treasure Property Group LLC

    (561) 460-1099

    1 in this area

    103 Total Sales

    Luban Quiceno
    Section Image
  • Jenny Orozco

    Seller Co-Listing Agent in 2021

    Jenny Orozco

    Treasure Property Group LLC

    (561) 632-6325

    1 in this area

    91 Total Sales

    Jenny Orozco
    Section Image
  • Denise Gonzalez

    Seller Co-Listing Agent in 2021

    Denise Gonzalez

    Treasure Property Group LLC

    (561) 232-9085

    46 Total Sales

    Denise Gonzalez
    Section Image
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Map

Florida Palm Beach County West Palm Beach 33407 Spencer Lakes

502 5th Way, West Palm Beach, FL

Homes for Sale in West Palm Beach, FL

This home is located at 502 5th Way, West Palm Beach, FL 33407 and is currently estimated at $287,215, approximately $232 per square foot. 502 5th 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.

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