NOT LISTED FOR SALE

Spencer Place Condominium 505 Spencer Dr Unit 1070 West Palm Beach, FL 33409

Palm Beach Lakes South Neighborhood

Estimated Value: $173,000 - $214,000

2 Beds
2 Baths
1,081 Sq Ft
$179/Sq Ft Est. Value

About This Home

This home is located at 505 Spencer Dr Unit 1070, West Palm Beach, FL 33409 and is currently estimated at $194,012, approximately $179 per square foot. 505 Spencer Dr Unit 1070 is a home located in Palm Beach County with nearby schools including Westward Elementary School, Bear Lakes Middle School, and Palm Beach Lakes Community High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2005
Sold by
Hayman Karla P
Bought by
Velez Ernesto and Velez David
Current Estimated Value
$196,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Outstanding Balance
$64,622
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$147,588

Purchase Details

Closed on
May 27, 2005
Sold by
Paez Nancy
Bought by
Hayman Karla P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,800
Interest Rate
8.55%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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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
Velez Ernesto $130,000 North American Title Company
Hayman Karla P $122,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velez Ernesto $123,500
Previous Owner Hayman Karla P $109,800
Source: Public Records

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 $1,369 $70,403 -- --
2023 $1,310 $65,250 $0 $0
2022 $1,213 $60,529 $0 $0
2021 $1,018 $56,473 $0 $0
2020 $975 $56,218 $0 $0
2019 $956 $58,308 $0 $0
2018 $815 $53,976 $0 $0
2017 $738 $50,117 $0 $0
2016 $701 $40,191 $0 $0
2015 $648 $37,944 $0 $0
2014 $394 $35,876 $0 $0
Source: Public Records

About Spencer Place Condominium

Map

Florida Palm Beach County West Palm Beach 33409 Palm Beach Lakes South

505 Spencer Dr Unit 1070, West Palm Beach, FL

This home is located at 505 Spencer Dr Unit 1070, West Palm Beach, FL 33409 and is currently estimated at $194,012, approximately $179 per square foot. 505 Spencer Dr Unit 1070 is a home located in Palm Beach County with nearby schools including Westward Elementary School, Bear Lakes Middle School, and Palm Beach Lakes Community High School.

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