NOT LISTED FOR SALE

Spencer Place Condominium 505 Spencer Dr Unit 4100 West Palm Beach, FL 33409

Palm Beach Lakes South Neighborhood

Estimated Value: $142,237 - $150,000

2 Beds
2 Baths
1,081 Sq Ft
1 Acres

Last Sold March 20, 2020

Last sale price $86,000 $80 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,023/month

Highlights

  • Wood Flooring
  • Balcony
  • 1 Car Garage
  • Screened Porch
  • Central Heating and Cooling System

About This Home

As of November 2020

Excellent location very spacious 2 bdrm 2 bath light wood laminate flooring. Full size washer Dryer in property newer AC. Community Pool and covered Designated parking and plenty of Guest parking. Elevator screened Patio overlooking the large lap pool. Basic Cable and water included in rent. First Last Security Required but Security can be paid in 12 monthly installments.

Last Agent to Rent the Property

Pam Shulman

Atlantic Florida Properties Inc License #443448 Listed on: 09/14/2020

Atlantic Florida Properties Inc

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,578

Year Built

  • Built in 1977

Lot Details

  • 1

Parking

  • 1 Car Garage

Interior Spaces

  • 1,081 Sq Ft Home
  • Screened Porch
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • 52 Units
  • Spencer Place Condo Subdivision

Listing and Financial Details

  • Property Available on 10/1/20
  • Assessor Parcel Number 74434319140004100

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,578

Year Built

Built in 1977

Lot Details

0

Parking

1

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2020-10-01

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Spencer
  • Year Built: 1977
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Laminate, Wood
  • Living Area: 1081.0

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: None
  • Waterfront: No
  • Patio And Porch Features: Balcony, Screened

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Pets Allowed: No

Lot Info

  • Parcel #: 74434319140004100

Multi Family

  • Number Of Units In Community: 52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2019
Closed on
Mar 18, 2020
Sold by
Tola Voss Mayowa and Tolani Folashade
Bought by
Etc
Seller's Agent
Masego Rayrat
Global Properties Realty LLC
Buyer's Agent
Masego Rayrat
Global Properties Realty LLC
List Price
$110,000
Sold Price
$86,000
Premium/Discount to List
-$24,000
-21.82%
Current Estimated Value
$146,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,427
Avg. Annual Appreciation
10.21%

Purchase Details

Closed on
Dec 8, 2012
Sold by
Martin Brandan and Mcniven Holly
Bought by
Tolani Folashade and Tola Issac Mayowa

Purchase Details

Closed on
Sep 22, 1999
Sold by
Clancy Flora and Clancy Sheila
Bought by
Martin John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
8.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 1996
Sold by
Clancy Flora
Bought by
Clancy Flora and Clancy Sheila
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Etc $86,000 Worldwide Ttl & Re Svcs Llc
Tolani Folashade $50,000 First Intl Title Inc
Martin John J $40,000 --
Clancy Flora $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martin John J $35,000
Previous Owner Clancy Flora $32,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2020 11/15/20 Rented $1,200 -4.0% --
10/16/2020 10/16/20 Under Contract -- -- --
09/14/2020 09/14/20 For Rent $1,250 0.0% --
03/20/2020 03/20/20 Sold $86,000 -21.8% $80 / Sq Ft
02/19/2020 02/19/20 Pending -- -- --
12/10/2019 12/10/19 For Sale $110,000 0.0% $102 / Sq Ft
06/05/2018 06/05/18 Rented $600 -7.7% --
05/06/2018 05/06/18 Under Contract -- -- --
01/04/2018 01/04/18 For Rent $650 -- --
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 $2,578 $101,156 -- --
2023 $2,447 $91,960 $0 $0
2022 $2,246 $83,600 $0 $0
2021 $1,849 $76,000 $0 $76,000
2020 $1,777 $76,000 $0 $76,000
2019 $1,736 $81,000 $0 $81,000
2018 $1,501 $73,000 $0 $73,000
2017 $1,370 $66,000 $0 $0
2016 $1,296 $47,916 $0 $0
2015 $1,189 $43,560 $0 $0
2014 $1,072 $39,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Landlord's Agent in 2020

    Pam Shulman

    Atlantic Florida Properties Inc

    (561) 371-4655

    12 Total Sales

    Section Image

  • M

    Seller's Agent in 2020

    Masego Rayrat

    Global Properties Realty LLC

See All Agents

About Spencer Place Condominium

Map

Source: BeachesMLS

MLS Number: R10655152

BeachesMLS

APN: 74-43-43-19-14-000-4100

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

505 Spencer Dr Unit 4100, West Palm Beach, FL

This home is located at 505 Spencer Dr Unit 4100, West Palm Beach, FL 33409 since 14 September 2020 and is currently priced at $144,809. This property was built in 1977. 505 Spencer Dr Unit 4100 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.

Nearby Homes