NOT LISTED FOR SALE

505 5th Way West Palm Beach, FL 33407

Spencer Lakes Neighborhood

Estimated Value: $259,653 - $295,000

2 Beds
3 Baths
1,236 Sq Ft
$224/Sq Ft Est. Value

Last Sold March 25, 2016

Last sale price $149,000 $121 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,998/month

About This Home

As of March 2016

Come live in this bright townhouse in the Villages of Sandalwood. Minutes to the new outlet mall, beaches, city place and downtown. This unit has brand new floors, paint, stainless steel appliance, new AC, completely renovated. Dual sinks and walk-in closet in master bedroom. private fenced patio, balconies in both bedrooms, each bedroom has it's bathroom. Eat-in Kitchen area. Granite countertops. Community offers swimming pools, play grounds, tennis, basketball and picnic areas. Rent includes water and basic cable.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2022
Sold by
Suzan Botros Savoy Llc
Bought by
Suzan Botros Seven Springs Llc
Current Estimated Value
$276,913

Purchase Details

Listed on
Oct 4, 2017
Closed on
Sep 6, 2017
Sold by
Botros Suzan
Bought by
Suzan Botros Savoy Llc
Seller's Agent
Nader Goubran
United Properties of SE FL
Buyer's Agent
Tiffany Vasta
Scuttina Signature Real Estate Group, LLC
Sold Price
$1,450

Purchase Details

Listed on
Apr 13, 2016
Closed on
Mar 30, 2016
Sold by
Holcberg Alejandro
Bought by
Botros Suzane
Seller's Agent
Nader Goubran
United Properties of SE FL
Sold Price
$1,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.99%

Purchase Details

Listed on
Apr 13, 2016
Closed on
Mar 24, 2016
Sold by
Holcberg Alejandro
Bought by
Botros Suzane
Seller's Agent
Nader Goubran
United Properties of SE FL
Sold Price
$1,450

Purchase Details

Listed on
Sep 24, 2015
Closed on
Nov 25, 2015
Sold by
U S Bank National Association
Bought by
Holcberg Alejandro
Seller's Agent
Stephen Sibiga
Realhome Service & Solutions I
List Price
$108,200
Sold Price
$102,709
Premium/Discount to List
-$5,491
-5.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
219.84%

Purchase Details

Closed on
Aug 6, 2015
Sold by
Louis Patrick Pierre
Bought by
U S Bank National Association

Purchase Details

Closed on
Oct 17, 2001
Sold by
Day Jeanette and Day Richard T
Bought by
Louis Patrick Pierre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,025
Interest Rate
11.75%

Purchase Details

Closed on
Oct 23, 1996
Sold by
Day Richard T and Day Jeanette D
Bought by
Day Jeanette

Purchase Details

Closed on
Sep 15, 1994
Sold by
Day Richard T and Day Jeanette D
Bought by
Day Jeanette D

Range of Values:

Collateral Analytics

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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
Suzan Botros Seven Springs Llc -- None Listed On Document
Suzan Botros Savoy Llc -- Attorney
Botros Suzane $149,000 Harboor Land Title Llc
Botros Suzane $149,000 Harboor Land Title Llc
Holcberg Alejandro $98,000 Premium Title Services Inc
U S Bank National Association $96,800 None Available
Louis Patrick Pierre $76,500 Fidelity National Title Ins
Day Jeanette $100 --
Day Jeanette D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Louis Patrick Pierre $151,125
Previous Owner Louis Patrick Pierre $101,500
Previous Owner Louis Patrick Pierre $81,600
Previous Owner Louis Patrick Pierre $65,025
Closed Louis Patrick Pierre $6,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2022 09/01/22 Rented $2,000 0.0% --
07/29/2022 07/29/22 For Rent $2,000 +37.9% --
10/04/2017 10/04/17 For Rent $1,450 0.0% --
10/04/2017 10/04/17 Rented $1,450 0.0% --
04/13/2016 04/13/16 For Rent $1,450 0.0% --
04/13/2016 04/13/16 Rented $1,450 0.0% --
03/25/2016 03/25/16 Sold $149,000 -2.0% $121 / Sq Ft
03/22/2016 03/22/16 For Sale $152,000 +48.0% $123 / Sq Ft
11/30/2015 11/30/15 Sold $102,709 -5.1% $83 / Sq Ft
10/31/2015 10/31/15 Pending -- -- --
09/24/2015 09/24/15 For Sale $108,200 -- $88 / Sq Ft

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 $5,370 $240,609 -- --
2023 $5,082 $225,609 $0 $225,609
2022 $3,859 $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 $2,063 $75,511 $0 $0
2014 $1,806 $68,646 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2022

    Nader Goubran

    United Properties of SE FL

    (561) 296-7844

    2 in this area

    23 Total Sales

    Nader Goubran
    Section Image
  • Tiffany Vasta

    Buyer's Agent in 2017

    Tiffany Vasta

    Scuttina Signature Real Estate Group, LLC

    (315) 254-9686

    24 Total Sales

    Tiffany Vasta
    Section Image

  • A

    Seller's Agent in 2016

    Alejandro Holcberg

    United Properties of SE FL

  • S

    Seller's Agent in 2015

    Stephen Sibiga

    Realhome Service & Solutions I

See All Agents

Map

Florida Palm Beach County West Palm Beach 33407 Spencer Lakes

505 5th Way, West Palm Beach, FL

Homes for Sale in West Palm Beach, FL

This home is located at 505 5th Way, West Palm Beach, FL 33407 and is currently estimated at $276,913, approximately $224 per square foot. 505 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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