$149,000
SOLD MAR 25, 2016

505 5th Way West Palm Beach, FL 33407

Spencer Lakes Neighborhood
2 Beds
2.5 Baths
1,236 Sq Ft
$335/mo HOA Fee

Recently Sold

$121 Per Sq Ft

2% Below List Price

3 Days on Market

Highlights

  • Community Pool
  • Walk-In Closet
  • Ceramic Tile Flooring
  • Tennis Courts
  • Park
  • Central Heating and Cooling System

About This Home

As of March 2016

Completely remodeled home. Great Location! Stainless Steel Appliances not there but included in the price.

Last Agent to Sell the Property

Alejandro Holcberg

United Properties of SE FL License #3120485 Listed on: 03/22/2016

Last Buyer's Agent

Nader Goubran

United Properties of SE FL License #3036293

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,063

Year Built

  • Built in 1983

Lot Details

  • 1,345 Sq Ft Lot

HOA Fees

  • $335 Monthly HOA Fees

Interior Spaces

  • 1,236 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • Over 1 Space Per Unit
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74424301070000294

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, ground maintenance, maintenance structure, roof, trash, water
  • Village Of Sandalwood Lak Subdivision

Recreation

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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,063

Year Built

Built in 1983

Lot Details

0

HOA Fees

$335 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: Village Blvd to Liberty Way to 5th
  • Year Built: 1983
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1236.0
  • Stories: 2

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

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
  • Utilities: Cable Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 335.0
  • Community Features: Park, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Pool, Tennis Court(s), Trail(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Roof, Trash, Water

Lot Info

  • Parcel #: 74424301070000294
  • Lot Size Sq Ft: 1345.0
  • Zoning Description: RPD(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2063.0

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
$275,821

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
6.83%

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
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
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- Attorney
Warranty Deed $149,000 Harboor Land Title Llc
Warranty Deed $149,000 Harboor Land Title Llc
Special Warranty Deed $98,000 Premium Title Services Inc
Trustee Deed $96,800 None Available
Warranty Deed $76,500 Fidelity National Title Ins
Deed $100 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $151,125 Unknown
Previous Owner $101,500 Unknown
Previous Owner $81,600 Unknown
Previous Owner $65,025 No Value Available
Closed $6,500 No Value Available
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
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 $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

    Section Image
  • Tiffany Vasta

    Buyer's Agent in 2017

    Tiffany Vasta

    Scuttina Signature Real Estate Group, LLC

    (315) 254-9686

    24 Total Sales

    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

Source: BeachesMLS

MLS Number: R10219151

BeachesMLS

APN: 74-42-43-01-07-000-0294

Florida Palm Beach County West Palm Beach 33407 Spencer Lakes

505 5th Way, West Palm Beach, FL

This home is located at 505 5th Way, West Palm Beach, FL 33407 and is currently priced at $149,000, approximately $120 per square foot. This property was built in 1983. 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.

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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