NOT LISTED FOR SALE

5030 Sanctuary Way Unit A West Palm Beach, FL 33417

Estimated Value: $188,854 - $216,000

2 Beds
2 Baths
867 Sq Ft
$233/Sq Ft Est. Value

Last Sold August 07, 2023

Last sale price $189,900 $219 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,680/month

23 Days on Market

Highlights

  • Lake Front
  • Entrance Foyer
  • Guest Parking
  • Gated Community
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

As of August 2023

Welcome to this 2 bedroom, 2 bathroom Villa located in the highly sought-after community of Park Place in West Palm Beach, Florida. Boasting an open floor plan, this home is perfect for entertaining guests or spending time with family.The main living areas feature tile flooring, providing both durability and easy maintenance.Low HOA fees make this home a great value, providing affordable living in a highly desirable area. With its excellent location, this property is perfect for those looking for an investment opportunity or a cozy home to call their own.This property is tenant occupied until the end of June. Schedule a showing today

Last Agent to Sell the Property

Laura Auten

Elevate Realty LLC License #3499523 Listed on: 06/06/2023

Last Buyer's Agent

Laura Auten

Elevate Realty LLC License #3499523 Listed on: 06/06/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,518

Year Built

  • Built in 1990

Lot Details

  • 1,014 Sq Ft Lot
  • Lake Front
  • Property is zoned RH

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • Guest Parking

Home Design

  • Villa

Interior Spaces

  • 867 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Washer and Dryer

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 00424326230160020

Community Details

Overview

  • Park Place Townhomes Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,518

Year Built

Built in 1990

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Villa
  • Property Sub Type Additional: Villa
  • Directions: Bear right onto Palm Beach Lakes Blvd, Bear right onto FL-704 / Okeechobee Blvd, Turn left onto N Haverhill Rd, Turn right onto Elmhurst Rd, Turn left onto Sanctuary Way.
  • Year Built: 1990
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Entrance Foyer
  • Furnished: Unfurnished
  • Appliances: Dryer, Electric Range, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 867.0
  • Stories: 1

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Guest

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association Fee: 300.0
  • Community Features: Gated
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 00424326230160020
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 1014.0
  • Zoning Description: RH
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1518.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2023
Closed on
Aug 4, 2023
Sold by
Sanctuary A Rebuild Land Trust
Bought by
Marshall Tangela Tandaria
Seller's Agent
Laura Auten
Elevate Realty LLC
Buyer's Agent
Laura Auten
Elevate Realty LLC
List Price
$224,900
Sold Price
$189,900
Premium/Discount to List
-$35,000
-15.56%
Total Days on Market
23
Views
45
Current Estimated Value
$201,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,064
Avg. Annual Appreciation
3.42%
Original Mortgage
$179,080
Outstanding Balance
$175,801
Interest Rate
6.71%
Mortgage Type
FHA
Estimated Equity
$26,163

Purchase Details

Closed on
Jan 31, 2023
Sold by
Condo Rentals Inc
Bought by
Sanctuary A Rebuild Land Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,944
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2003
Sold by
Myers Gordon Spencer
Bought by
Condo Rentals Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
5.86%

Purchase Details

Closed on
Feb 11, 2003
Sold by
Majestic Income Properties Lp
Bought by
Myers Gordon Spencer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
5.86%
Source: Public Records

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Range of Values:

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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
Marshall Tangela Tandaria $189,900 Florida Fidelity Title & Escro
Sanctuary A Rebuild Land Trust $120,000 Giannell Title
Condo Rentals Inc -- Trans State Title Ins Corp
Myers Gordon Spencer $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marshall Tangela Tandaria $179,080
Closed Marshall Tangela Tandaria $10,000
Previous Owner Sanctuary A Rebuild Land Trust $80,944
Previous Owner Myers Gordon Spencer $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2023 08/07/23 Sold $189,900 -15.6% $219 / Sq Ft
06/30/2023 06/30/23 Pending -- -- --
06/06/2023 06/06/23 For Sale $224,900 -- $259 / 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 $2,949 $162,000 -- --
2023 $1,597 $62,767 $0 $104,000
2022 $1,518 $57,061 $0 $0
2021 $1,447 $91,000 $0 $91,000
2020 $1,323 $79,000 $0 $79,000
2019 $1,252 $73,000 $0 $73,000
2018 $1,061 $59,000 $0 $59,000
2017 $1,016 $59,000 $0 $0
2016 $977 $32,210 $0 $0
2015 $910 $29,282 $0 $0
2014 $843 $26,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10895202

BeachesMLS

APN: 00-42-43-26-23-016-0020