NOT LISTED FOR SALE

Spencer Place Condominium 505 Spencer Dr Unit 3050 West Palm Beach, FL 33409

Palm Beach Lakes South Neighborhood

Estimated Value: $200,000 - $223,000

2 Beds
2 Baths
1,081 Sq Ft
$488/mo HOA Fee

Last Sold August 05, 2022

Last sale price $175,000 $162 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,942/month

17 Days on Market

Highlights

  • Fitness Center
  • Community Pool
  • Built-In Features
  • Gated Community
  • Detached Garage
  • Walk-In Closet

About This Home

As of August 2022

Extremely Clean 2 bedroom 2 bath partially furnished condo in an ''ALL-AGE'' community. Move-In Ready!!! Updated kitchen with stainless steel appliances. Centrally located in West Palm Beach near beaches and local shopping Plaza's. Don't wait on this one, it wont last long!!!

Last Agent to Sell the Property

Shaun Werner

The Flagler Real Estate Co License #3411797 Listed on: 06/18/2022

Last Buyer's Agent

Natalia Lamb

Compass Florida LLC License #3411914

Compass Florida LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $793

Year Built

  • Built in 1977

Lot Details

  • 1

HOA Fees

  • $488 Monthly HOA Fees

Interior Spaces

  • 1,081 Sq Ft Home
  • 4-Story Property
  • Partially Furnished
  • Built-In Features
  • Family Room
  • Ceramic Tile Flooring
  • Security Gate

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Stacked Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • Detached Garage
  • Detached Carport Space

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 74434319140003050

Community Details

Overview

  • Association fees include cable TV, ground maintenance, maintenance structure, pool(s), roof, sewer, trash
  • Spencer Place Condo Subdivision

Recreation

  • Fitness Center

Additional Features

  • Gated Community
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$793

Year Built

Built in 1977

Lot Details

0

HOA Fees

$488 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I-95 to Okeechobee blvd., Go west to Spencer Drive, Make right. Condo on the left.
  • Year Built: 1977
  • Carport Y N: Yes
  • Entry Level: 3
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Elevator, Stacked Bedrooms, Walk-In Closet(s)
  • Furnished: Partially
  • Appliances: Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 1081.0
  • Dining Room Type: Family Room, Laundry
  • Stories: 4

Exterior Features

  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Yn: No
  • Parking Features: Detached Carport, Detached, Garage

Utilities

  • Security: Security Gate
  • Cooling: Central Air, 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: 488.0
  • Community Features: Gated, Pool
  • Senior Community: No
  • Amenities: Fitness Center, Pool, Trash, Elevator(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Cable TV, Maintenance Grounds, Maintenance Structure, Pool(s), Roof, Sewer, Trash

Lot Info

  • Parcel #: 74434319140003050
  • Zoning Description: MF32(c

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 793.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2022
Closed on
Jul 29, 2022
Sold by
Rachel Parker
Bought by
Vidazinha Noemia and Vidazinha Juventina J
Seller's Agent
Shaun Werner
The Flagler Real Estate Co
Buyer's Agent
Natalia Lamb
Compass Florida LLC
List Price
$175,000
Sold Price
$175,000
Total Days on Market
17
Current Estimated Value
$211,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,236
Avg. Annual Appreciation
6.90%

Purchase Details

Closed on
Jun 15, 2021
Sold by
Parker Rachel
Bought by
Parker Rachel and Parker David

Purchase Details

Listed on
Jan 20, 2021
Closed on
Feb 26, 2021
Sold by
Lima Dalena Alves
Bought by
Parker Rachel
Seller's Agent
Sonny Solomon
The Keyes Company
Buyer's Agent
Shaun Werner
The Flagler Real Estate Co
List Price
$115,700
Sold Price
$115,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.18%

Purchase Details

Closed on
Sep 24, 2019
Sold by
Lima Dalena Alves and Martins Dalena
Bought by
Lima Dalena Alves

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,500
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 8, 2014
Closed on
Nov 7, 2014
Sold by
Fannie Mae
Bought by
Martins Dalena
Seller's Agent
Jean Marseille
Legacy Realty & Development
Buyer's Agent
Rosalma De Oliveira
United Realty Group, Inc
List Price
$69,900
Sold Price
$65,000
Premium/Discount to List
-$4,900
-7.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.80%
Original Mortgage
$61,750
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2014
Sold by
Barbosa Samuel
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 21, 2006
Sold by
Downs Chad
Bought by
Barbosa Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,500
Interest Rate
6.04%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 18, 2002
Sold by
Coleman Michael
Bought by
Downs Chad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,100
Interest Rate
7.14%

Purchase Details

Closed on
Jan 29, 1996
Sold by
Dimler Alexis Jean and Geleta Toni Anel
Bought by
Coleman Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,250
Interest Rate
7.12%
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 Buyer Sale Price Title Company
Vidazinha Noemia $175,000 Glenn And Phanco Pa
Parker Rachel -- Accommodation
Parker Rachel $115,700 Homepartners Title Svcs Llc
Lima Dalena Alves -- Attorney
Martins Dalena $65,000 Attorney
Federal National Mortgage Association -- None Available
Barbosa Samuel $153,000 Flagler Title Company
Downs Chad $58,000 --
Coleman Michael A $200 --
Coleman Michael A $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lima Dalena Alves $68,500
Previous Owner Martins Dalena $61,750
Previous Owner Barbosa Samuel $137,500
Previous Owner Downs Chad $55,100
Previous Owner Coleman Michael A $33,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2022 08/05/22 Sold $175,000 0.0% $162 / Sq Ft
07/06/2022 07/06/22 Pending -- -- --
06/18/2022 06/18/22 For Sale $175,000 +51.3% $162 / Sq Ft
02/27/2021 02/27/21 Sold $115,700 0.0% $107 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
01/20/2021 01/20/21 For Sale $115,700 +78.0% $107 / Sq Ft
11/07/2014 11/07/14 Sold $65,000 -7.0% $60 / Sq Ft
10/08/2014 10/08/14 Pending -- -- --
07/08/2014 07/08/14 For Sale $69,900 -- $65 / 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 $3,214 $147,000 -- --
2023 $3,190 $145,000 $0 $145,000
2022 $2,867 $126,500 $0 $0
2021 $793 $57,700 $0 $0
2020 $793 $56,903 $0 $0
2019 $793 $55,624 $0 $0
2018 $719 $54,587 $0 $0
2017 $695 $53,464 $0 $0
2016 $699 $52,364 $0 $0
2015 $713 $52,000 $0 $0
2014 $1,059 $38,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Shaun Werner

    The Flagler Real Estate Co

    (561) 322-0805

    2 in this area

    13 Total Sales

    Shaun Werner
    Section Image
  • Natalia Lamb

    Buyer's Agent in 2022

    Natalia Lamb

    Compass Florida LLC

    (561) 699-5130

    1 in this area

    50 Total Sales

    Natalia Lamb
    Section Image
  • Sonny Solomon

    Seller's Agent in 2021

    Sonny Solomon

    The Keyes Company

    (772) 475-4747

    1 in this area

    48 Total Sales

    Sonny Solomon
    Section Image

  • J

    Seller's Agent in 2014

    Jean Marseille

    Legacy Realty & Development

    (561) 244-2585

    28 Total Sales

    Jean Marseille
    Section Image

  • R

    Buyer's Agent in 2014

    Rosalma De Oliveira

    United Realty Group, Inc

See All Agents

About Spencer Place Condominium

Map

Source: BeachesMLS

MLS Number: R10809605

BeachesMLS

APN: 74-43-43-19-14-000-3050

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

505 Spencer Dr Unit 3050, West Palm Beach, FL

This home is located at 505 Spencer Dr Unit 3050, West Palm Beach, FL 33409 since 18 June 2022 and is currently estimated at $211,236, approximately $195 per square foot. This property was built in 1977. 505 Spencer Dr Unit 3050 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.

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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