NOT LISTED FOR SALE

5050 Ben Eden Ln West Palm Beach, FL 33415

Cannongate Neighborhood

Estimated Value: $545,553 - $703,000

5 Beds
2 Baths
1,794 Sq Ft
$329/Sq Ft Est. Value

Last Sold November 02, 2022

Last sale price $468,000 $261 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,820/month

25 Days on Market

Highlights

  • Cooling Available
  • Fenced
  • Heating Available
  • Tile Flooring

About This Home

As of November 2022

EXCELLENT INVESTMENT!! AIRBNB or HOLD long term and rent annually. ***Hard to find a duplex at this price in such great condition.!!!Area rents are $1,900 and up for 2 bed 1 bath and $2,200 and up for 3 bed 1 bath. Current Tenants are Month to Month paying below market value rents. Very easy to re-rent as it's in an excellent, convenient location and each unit has it's own Laundry room with washer and dryer as well as back patio. Parking for 4 cars.Close to Downtown West Palm. 2 minutes from I-95 and 2 minutes to West Palm Beach international Airport. Both kitchens and bathrooms have been updated as well as flooring throughout and newer water heaters.Large CBS, Duplex, Has 2 Bed 1 bath on west side and 3 Bed 1Bath on east side. Each unit has their own laundry

Last Agent to Sell the Property

Michael Johnston

The Keyes Company License #3342965 Listed on: 09/07/2022

The Keyes Company

Co-Listed By

Maby Cuevas

The Keyes Company License #3367837

Last Buyer's Agent

Nepmhy Luis

LoKation License #3488818

LoKation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,951

Year Built

  • Built in 1973

Lot Details

  • 9,501 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,794 Sq Ft Home
  • 1-Story Property

Flooring

  • Tile
  • Vinyl

Utilities

  • Cooling Available
  • Heating Available
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 00424402000001184

Community Details

Overview

  • 2 Units
  • Sleepy Hollow Subdivision

Building Details

  • Operating Expense $2,800
  • Net Operating Income $29,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,951

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: South of Southern Blvd on Haverhil (Must come From North)
  • Year Built: 1973
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile, Vinyl
  • Living Area: 1794.0

Exterior Features

  • Exterior Features: Fence
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 00424402000001184
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 9501.0
  • Zoning Description: RM
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 29900.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 2800.0

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3951.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2022
Closed on
Oct 20, 2022
Sold by
Rbv Rentals Llc
Bought by
Benitez Yeraldi
Seller's Agent
Michael Johnston
The Keyes Company
Buyer's Agent
Nepmhy Luis
LoKation
List Price
$475,000
Sold Price
$468,000
Premium/Discount to List
-$7,000
-1.47%
Current Estimated Value
$590,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,388
Avg. Annual Appreciation
9.70%
Original Mortgage
$351,000
Outstanding Balance
$340,163
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$272,477

Purchase Details

Closed on
Jan 1, 2017
Bought by
Rbv Rentals Llc

Purchase Details

Closed on
Sep 16, 2014
Sold by
Trishemp Llc
Bought by
Rbv Rentals Llc

Purchase Details

Closed on
Jul 31, 2013
Sold by
Rivera Leonardo
Bought by
Trishemp Llc

Purchase Details

Closed on
Dec 18, 2012
Sold by
Real Estate Solution Plus Inc and Schneider Jeffrey S
Bought by
Rivera Leonardo

Purchase Details

Closed on
Jun 8, 2006
Sold by
Schneider Jeffrey S
Bought by
Real Estate Solutions Plus Inc

Purchase Details

Closed on
Feb 8, 2006
Sold by
Ben Eden Llc
Bought by
Schneider Jeffrey S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,500
Interest Rate
5.89%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 19, 2005
Sold by
Schneider Jeffrey S
Bought by
Ben Eden Llc

Purchase Details

Closed on
Dec 12, 2002
Sold by
Real Estate Solutions Plus Inc
Bought by
Schneider Jeffrey S

Purchase Details

Closed on
Nov 4, 2002
Sold by
Schneider Jeffrey S
Bought by
Real Estate Solutions Plus Inc

Purchase Details

Closed on
Jul 10, 2002
Sold by
Real Estate Solutions Plus Inc
Bought by
Schneider Jeffrey S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,500
Interest Rate
6.53%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 28, 1999
Sold by
Sec Of Va
Bought by
Schneider Jeffrey S

Purchase Details

Closed on
Dec 22, 1998
Sold by
Clerk Of The Court
Bought by
Sec Of Va
Source: Public Records

Range of Values:

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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
Benitez Yeraldi $468,000 --
Rbv Rentals Llc -- --
Rbv Rentals Llc $110,000 Attorney
Trishemp Llc $113,750 Title Svcs Of Palm Beaches
Rivera Leonardo $66,600 None Available
Real Estate Solutions Plus Inc -- None Available
Schneider Jeffrey S -- Cutsis Title & Abstract Llc
Ben Eden Llc -- --
Schneider Jeffrey S -- --
Real Estate Solutions Plus Inc -- --
Schneider Jeffrey S -- Southeastern Alliance Title
Schneider Jeffrey S $78,400 --
Sec Of Va -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benitez Yeraldi $351,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2022 11/02/22 Sold $468,000 -1.5% $261 / Sq Ft
10/03/2022 10/03/22 Pending -- -- --
09/07/2022 09/07/22 For Sale $475,000 -- $265 / 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 $8,282 $412,385 -- --
2023 $7,357 $374,895 $148,978 $225,917
2022 $4,391 $180,976 $0 $0
2021 $3,951 $164,524 $52,500 $112,024
2020 $3,697 $150,073 $52,500 $97,573
2019 $3,594 $150,073 $52,500 $97,573
2018 $3,106 $123,902 $27,893 $96,009
2017 $3,020 $123,902 $27,893 $96,009
2016 $3,075 $123,902 $0 $0
2015 $3,023 $117,414 $0 $0
2014 $2,859 $107,236 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Johnston

    Seller's Agent in 2022

    Michael Johnston

    The Keyes Company

    (561) 577-0398

    1 in this area

    162 Total Sales

    Michael Johnston
    Section Image

  • M

    Seller Co-Listing Agent in 2022

    Maby Cuevas

    The Keyes Company

    (786) 251-8462

    1 in this area

    56 Total Sales

    Maby Cuevas
    Section Image

  • N

    Buyer's Agent in 2022

    Nepmhy Luis

    LoKation

    (561) 906-3996

    1 in this area

    59 Total Sales

    Nepmhy Luis
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10830164

BeachesMLS

APN: 00-42-44-02-00-000-1184

Florida Palm Beach County West Palm Beach 33415 Cannongate

5050 Ben Eden Ln, West Palm Beach, FL

This home is located at 5050 Ben Eden Ln, West Palm Beach, FL 33415 since 07 September 2022 and is currently estimated at $590,388, approximately $329 per square foot. This property was built in 1973. 5050 Ben Eden Ln is a home located in Palm Beach County with nearby schools including John I. Leonard High School, Melaleuca Elementary School, and Okeeheelee Middle 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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