$87,000
SOLD JAN 21, 2015

5022 50th Way West Palm Beach, FL 33409

Palm Beach Lakes Neighborhood
2 Beds
2.5 Baths
1,236 Sq Ft
$300/mo HOA Fee

Recently Sold

$70 Per Sq Ft

13% Below List Price

74 Days on Market

Highlights

  • Water Views
  • Community Pool
  • Open Patio
  • Clubhouse
  • Balcony
  • Laundry Room

About This Home

As of November 2022

EASY TO SHOW!! NEEDS WORK, BUT GREAT LOCATION TO EITHER LIVE IN OR RENT.

Last Agent to Sell the Property

Norman Snyder

RE/MAX Direct License #SL475265 Listed on: 10/08/2014

RE/MAX Direct

Co-Listed By

Jodi Ham

Allegiance Realty Services Inc License #3097556

Last Buyer's Agent

Philippe Pepos

Private Equity Realty LLC License #3236158

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,907

Year Built

  • Built in 1985

Lot Details

  • 1,307 Sq Ft Lot
  • Fenced

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Fixer Upper

Interior Spaces

  • 1,236 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Water Views
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Over 1 Space Per Unit
  • Assigned Parking

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 74434307040001292

Community Details

Overview

  • Association fees include common areas, ground maintenance, maintenance structure, pool(s), recreation facilities
  • Village Of Sandalwood Lak Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Trails

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,907

Year Built

Built in 1985

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: MILITARY TRAIL TO EAST ON CUMBERLAND TO LEFT (NORTH) ONTO VILLAGE BLVD. GO ONE BLOCK, U-TURN TO 50TH WAY. **OR** VILLAGE TO 50TH WAY. BUYER IS RESPONSIBLE FOR CONFIRMING HOA FEES.
  • Year Built: 1985
  • Carport Y N: No
  • Year Built Details: Resale
  • Special Features: RealEstateOwned

Interior Features

  • Interior Amenities: Living/Dining Room
  • Furnished: Unfurnished
  • Appliances: Electric Range, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1236.0
  • Dining Room Type: Laundry
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Fence, Patio
  • View: Other, Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: Resale, Fixer

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available

Condo/Co-op/Association

  • Association Fee: 300.0
  • Community Features: Clubhouse, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Pool, Trail(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Maintenance Structure, Pool(s), Recreation Facilities

Lot Info

  • Parcel #: 74434307040001292
  • Lot Size Sq Ft: 1307.0
  • Zoning Description: RPD
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 1907.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2022
Closed on
Nov 2, 2022
Sold by
St99 Llc
Bought by
Rusu Oana Maria
Seller's Agent
Nancy Lipman
The Keyes Company
Buyer's Agent
Dragos Voda
United Realty Group Inc.
List Price
$300,000
Sold Price
$255,000
Premium/Discount to List
-$45,000
-15%
Views
4
Current Estimated Value
$281,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,602
Avg. Annual Appreciation
3.14%
Original Mortgage
$245,726
Outstanding Balance
$239,311
Interest Rate
6.94%
Mortgage Type
FHA
Estimated Equity
$38,118

Purchase Details

Closed on
Oct 19, 2017
Sold by
Jego6 Llc
Bought by
St99 Llc

Purchase Details

Listed on
Oct 8, 2014
Closed on
Feb 2, 2015
Sold by
Kpl Development Inc
Bought by
Jeg06 Llc
Seller's Agent
Norman Snyder
RE/MAX Direct
Buyer's Agent
Philippe Pepos
Private Equity Realty LLC
List Price
$99,900
Sold Price
$87,000
Premium/Discount to List
-$12,900
-12.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.64%

Purchase Details

Listed on
Oct 8, 2014
Closed on
Jan 8, 2015
Sold by
Retained Realty Inc
Bought by
Kpl Development Inc
Seller's Agent
Norman Snyder
RE/MAX Direct
Buyer's Agent
Philippe Pepos
Private Equity Realty LLC
List Price
$99,900
Sold Price
$87,000
Premium/Discount to List
-$12,900
-12.91%

Purchase Details

Closed on
Jun 27, 2008
Sold by
Bologna Sheilah
Bought by
Leon Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
6.21%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 13, 2005
Sold by
Watnick Sylvia
Bought by
Bologna Sheilah

Purchase Details

Closed on
Aug 20, 2004
Sold by
Bologna Sheilah
Bought by
Watnick Harry

Purchase Details

Closed on
Oct 22, 2001
Sold by
Investment Capital Corp
Bought by
Watnick Harry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,000
Interest Rate
6.85%

Purchase Details

Closed on
Apr 27, 2001
Sold by
Anthony Griffin Coc I and Clerk Of Court C
Bought by
Investment Capital Corp

Purchase Details

Closed on
Sep 3, 1999
Sold by
Susan Patrick G and Susan Udelhofen
Bought by
Griffin Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,900
Interest Rate
7.5%

Purchase Details

Closed on
Aug 25, 1999
Sold by
Panciera Donald M and Panciera Patricia A
Bought by
Udelhofen Patrick G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,900
Interest Rate
7.5%
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 Type Sale Price Title Company
Warranty Deed $255,000 Home Partners Title Services
Warranty Deed $155,000 Attorney
Warranty Deed $103,000 Palmetto Park Title Svcs Inc
Special Warranty Deed $87,000 Attorney
Quit Claim Deed -- Attorney
Warranty Deed $137,500 None Available
Quit Claim Deed $34,000 --
Quit Claim Deed $34,000 --
Warranty Deed $81,000 Universal Land Title Inc
Deed -- --
Warranty Deed $74,900 --
Warranty Deed $63,200 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $245,726 FHA
Previous Owner $38,000 Credit Line Revolving
Previous Owner $82,500 Purchase Money Mortgage
Previous Owner $70,000 Unknown
Previous Owner $71,000 No Value Available
Previous Owner $70,900 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2022 11/07/22 Sold $255,000 -15.0% $206 / Sq Ft
08/24/2022 08/24/22 For Sale $300,000 0.0% $243 / Sq Ft
11/06/2018 11/06/18 For Rent $1,550 0.0% --
11/06/2018 11/06/18 Rented $1,550 0.0% --
01/21/2015 01/21/15 Sold $87,000 -12.9% $70 / Sq Ft
12/22/2014 12/22/14 Pending -- -- --
10/08/2014 10/08/14 For Sale $99,900 -- $81 / 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 $4,337 $232,377 -- --
2023 $4,214 $225,609 $0 $225,609
2022 $3,825 $156,742 $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 $2,498 $101,405 $0 $0
2015 $2,294 $90,405 $0 $0
2014 -- $68,646 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nancy Lipman

    Seller's Agent in 2022

    Nancy Lipman

    The Keyes Company

    (561) 752-5414

    29 in this area

    54 Total Sales

    Section Image

  • D

    Buyer's Agent in 2022

    Dragos Voda

    United Realty Group Inc.

    (561) 542-5368

    3 in this area

    69 Total Sales

    Section Image

  • T

    Seller Co-Listing Agent in 2018

    Thelma Bloom

    The Keyes Company

  • M

    Buyer's Agent in 2018

    Madelaine Ruiz

    Southdale Properties Inc.

    (561) 346-2906

    41 Total Sales

    Section Image
  • Norman Snyder

    Seller's Agent in 2015

    Norman Snyder

    RE/MAX

    (561) 798-4311

    4 Total Sales

    Section Image

  • J

    Seller Co-Listing Agent in 2015

    Jodi Ham

    Allegiance Realty Services Inc

See All Agents

Map

Source: BeachesMLS

MLS Number: R10079011

BeachesMLS

APN: 74-43-43-07-04-000-1292

Florida Palm Beach County West Palm Beach 33409 Palm Beach Lakes

5022 50th Way, West Palm Beach, FL

This home is located at 5022 50th Way, West Palm Beach, FL 33409 and is currently priced at $87,000, approximately $70 per square foot. This property was built in 1985. 5022 50th Way is a home located in Palm Beach County with nearby schools including Seminole Trails 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.

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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