$280,000
SOLD SEP 26, 2024

505 5th Ln Greenacres, FL 33463

3 Beds
3 Baths
1,488 Sq Ft
$426/mo HOA Fee

Recently Sold

$188 Per Sq Ft

20% Below List Price

75 Days on Market

Highlights

  • Garden View
  • Tennis Courts
  • Walk-In Closet
  • Community Pool
  • Balcony
  • Open Patio

About This Home

As of September 2024

3 bedroom 3 bath townhome with a large private fenced courtyard. This home boasts a ton of natural light with multiple sliding glass doors on first and second floors and open floor plan. One bedroom is on the lower level. Brand new A/C 2023, newer roof installed 2022. Community amenities include olympic size heated swimming pool, basketball court, tennis court, several playgrounds. HOA dues include all common areas, exterior building insurance, roof maintenance, parking and trash removal. Townhome is located in Central Palm Beach County. Minutes to shopping, downtown, restaurants, highways, airports and more.

Last Agent to Sell the Property

Matt Gelling

The Keyes Company License #3416460 Listed on: 07/12/2024

The Keyes Company

Co-Listed By

Dave Magua

The Keyes Company License #3005666

Last Buyer's Agent

jose deleon

Partnership Realty Inc. License #3375840

Partnership Realty Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,768

Year Built

  • Built in 1981

Lot Details

  • 1,529 Sq Ft Lot
  • Fenced
  • Sprinkler System

HOA Fees

  • $426 Monthly HOA Fees

Home Design

  • Flat Roof Shape

Interior Spaces

  • 1,488 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room
  • Florida or Dining Combination
  • Garden Views
  • Security Lights

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

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

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 18424426080000103

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, pool(s), roof, trash
  • Built by DiVosta Homes
  • Sherwood Lakes Subdivision

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Pool
  • Trails

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,768

Year Built

Built in 1981

Lot Details

0

HOA Fees

$426 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: LAKE WORTH ROAD TO 57TH AVE, HEAD SOUTH TO DUBBINS ROAD
  • Year Built: 1981
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Family/Dining Room, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Microwave, Washer/Dryer, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile, Laminate
  • Living Area: 1488.0
  • Dining Room Type: Family Room, Laundry, Storage Room
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Fence, Patio
  • View: Garden
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Builder Name: DiVosta Homes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: Resale
  • Roof: Flat

Garage/Parking

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

Utilities

  • Security: Security Lights
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 426.0
  • Community Features: Non-Gated, Pool, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Pool, Tennis Court(s), Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Pool(s), Roof, Trash

Lot Info

  • Parcel #: 18424426080000103
  • Lot Size: < 1/4 Acre,Public Road
  • Lot Size Sq Ft: 1529.0
  • Zoning Description: RM-2(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2768.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2024
Closed on
Sep 26, 2024
Sold by
Wright Millicent
Bought by
Rosario Deiry Melissa Paul
Seller's Agent
Matt Gelling
The Keyes Company
Buyer's Agent
jose deleon
Partnership Realty Inc.
List Price
$350,000
Sold Price
$280,000
Premium/Discount to List
-$70,000
-20%
Views
33
Current Estimated Value
$301,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,233
Avg. Annual Appreciation
8.08%
Original Mortgage
$95,000
Outstanding Balance
$77,209
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$223,538

Purchase Details

Listed on
Oct 5, 2018
Closed on
Dec 20, 2018
Sold by
Robinson Mary E and Toussaint Jacques E
Bought by
Wright Millicent
Seller's Agent
Leopold Evariste
LEO Realty, Inc.
List Price
$185,000
Sold Price
$180,000
Premium/Discount to List
-$5,000
-2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.96%
Original Mortgage
$176,739
Interest Rate
5.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 15, 2011
Sold by
Toussaint Jacques Eric
Bought by
Robinson Mary E

Purchase Details

Closed on
Oct 26, 2007
Sold by
Diaz Daniel and Diaz Luz Alejandra
Bought by
Toussaint Jacques Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,746
Interest Rate
6.27%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 15, 2003
Sold by
Lopez Edward S and Lopez Kizzy A
Bought by
Diaz Daniel and Diaz Luz Alejandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000
Interest Rate
5.79%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 5, 1998
Sold by
Lockman Richard
Bought by
Lopez Edward S and Lopez Kizzy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
6.96%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $280,000 None Listed On Document
Warranty Deed $180,000 Attorney
Quit Claim Deed $75,000 None Available
Warranty Deed $160,000 First American Title Ins Co
Warranty Deed $115,000 Citrus Title Insurance Inc
Warranty Deed $69,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $95,000 New Conventional
Open $180,000 New Conventional
Previous Owner $176,000 New Conventional
Previous Owner $176,739 FHA
Previous Owner $148,739 FHA
Previous Owner $158,746 FHA
Previous Owner $182,400 Negative Amortization
Previous Owner $5,000 Unknown
Previous Owner $95,000 No Value Available
Previous Owner $69,000 New Conventional
Closed $15,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2024 09/26/24 Sold $280,000 -6.7% $188 / Sq Ft
07/20/2024 07/20/24 Price Changed $300,000 -11.5% $202 / Sq Ft
07/16/2024 07/16/24 Price Changed $339,000 -3.1% $228 / Sq Ft
07/12/2024 07/12/24 For Sale $350,000 +94.4% $235 / Sq Ft
12/20/2018 12/20/18 Sold $180,000 -2.7% $121 / Sq Ft
11/15/2018 11/15/18 Pending -- -- --
10/05/2018 10/05/18 For Sale $185,000 -- $124 / 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 $2,847 $173,992 -- --
2023 $2,768 $168,924 $0 $0
2022 $2,714 $164,004 $0 $0
2021 $2,688 $159,227 $0 $0
2020 $2,659 $157,029 $0 $0
2019 $2,612 $153,499 $0 $153,499
2018 $778 $55,213 $0 $0
2017 $677 $54,077 $0 $0
2016 $680 $52,965 $0 $0
2015 $692 $52,597 $0 $0
2014 $681 $52,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11003854

BeachesMLS

APN: 18-42-44-26-08-000-0103