NOT LISTED FOR SALE

506 5th Ln Palm Beach Gardens, FL 33418

Estimated Value: $387,134 - $419,000

2 Beds
2.5 Baths
1,596 Sq Ft
$252/Sq Ft Est. Value

Last Sold July 08, 2016

Last sale price $189,900 $119 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $2,582/month

12 Days on Market

Highlights

  • Tennis Courts
  • Den
  • Fireplace
  • Timber Trace Elementary School Rated A
  • Balcony
  • Open Patio

About This Home

As of July 2016

VIEW VIDEO WALK THROUGH TOUR**Garden Lakes is a sought after development by both buyers and investors. Its proximity to Downtown at the Gardens, Legacy Place, Midtown, Gardens Mall, PGA National, I-95, Turnpike along with various restaurants and local small businesses makes this purchase a smart investment. This townhouse is priced to sell...The Burg & Divosta built townhouse has 2 ample sized bedrooms 2.5 bathrooms plus a den/office off the living area and by adding a door can make this a 3 bedroom townhouse. The courtyard provides a large open space for entertaining, fencing and pergola replaced in 2010. Fresh paint throughout and HVAC system replaced in 2014. Gas hot water heater purchased in late 2010 along with the refrigerator and dishwasher.

Last Agent to Sell the Property

Beth Palacio

Premier Brokers International License #3146012 Listed on: 05/26/2016

Premier Brokers International

Last Buyer's Agent

Charlie Forcucci

Douglas Elliman (Jupiter) License #3014917

Douglas Elliman (Jupiter)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,774

Year Built

  • Built in 1978

Lot Details

  • 1,462 Sq Ft Lot
  • Fenced

HOA Fees

  • $139 Monthly HOA Fees

Home Design

  • Flat Roof Shape

Interior Spaces

  • 1,596 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Combination Kitchen and Dining Room
  • Den

Kitchen

  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Stacked Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Over 1 Space Per Unit
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Open Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 52424201040000506

Community Details

Overview

  • Association fees include common areas, ground maintenance
  • 584 Units
  • Garden Lakes And Garden S Subdivision

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Trails

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,774

Year Built

Built in 1978

Lot Details

0

HOA Fees

$139 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: First light North of PGA Blvd off of Military Trl is Gardens Lakes Dr. Make left/West then bear right on Garden Lakes Blvd. Follow to 5th Lane.
  • Year Built: 1978
  • Carport Y N: No
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Fireplace, Kitchen/Dining Combo, Stacked Bedrooms
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1596.0
  • Dining Room Type: Den, Laundry
  • Stories: 2
  • Window Features: Drapes

Exterior Features

  • Exterior Features: Balcony, Fence
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale
  • Roof: Flat

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest, Two or More Spaces

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 139.0
  • Community Features: Property Manager On-Site, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Management, Tennis Court(s), Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds

Lot Info

  • Parcel #: 52424201040000506
  • Lot Size Sq Ft: 1462.0
  • Zoning Description: RM(cit
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2774.0

Multi Family

  • Number Of Units In Community: 584

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2016
Closed on
Jul 8, 2016
Sold by
Loving Jo A and Quimette Jo A
Bought by
Masson Steven J and Masson Kristin M
Seller's Agent
Beth Palacio
Premier Brokers International
Buyer's Agent
Charlie Forcucci
Douglas Elliman (Jupiter)
List Price
$189,900
Sold Price
$189,900
Current Estimated Value
$402,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,384
Avg. Annual Appreciation
8.65%
Original Mortgage
$186,459
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 3, 1996
Sold by
Gonzalez Frances D
Bought by
Ouimette Jo A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,200
Interest Rate
7.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Masson Steven J $189,900 South Florida Title Ins Of P
Ouimette Jo A $76,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Masson Steven J $167,500
Closed Masson Steven J $186,459
Previous Owner Oiumette Jo A $126,000
Previous Owner Quimette Jo A $79,800
Previous Owner Ouimette Jo A $62,500
Previous Owner Ouimette Jo A $72,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2016 07/08/16 Sold $189,900 0.0% $119 / Sq Ft
06/08/2016 06/08/16 Pending -- -- --
05/26/2016 05/26/16 For Sale $189,900 -- $119 / 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 $3,010 $200,984 -- --
2023 $2,939 $195,130 $0 $0
2022 $2,913 $189,447 $0 $0
2021 $2,911 $183,929 $0 $0
2020 $2,881 $181,390 $0 $0
2019 $2,836 $177,312 $0 $0
2018 $2,694 $174,006 $0 $0
2017 $2,674 $170,427 $0 $0
2016 $2,949 $128,345 $0 $0
2015 $2,774 $116,677 $0 $0
2014 $2,449 $106,070 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Beth Palacio

    Seller's Agent in 2016

    Beth Palacio

    Premier Brokers International

    (561) 316-0875

    35 Total Sales

    Beth Palacio
    Section Image

  • C

    Buyer's Agent in 2016

    Charlie Forcucci

    Douglas Elliman (Jupiter)

    (561) 339-6547

    84 Total Sales

    Charlie Forcucci
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10238394

BeachesMLS

APN: 52-42-42-01-04-000-0506

Florida Palm Beach County Palm Beach Gardens 33418

506 5th Ln, Palm Beach Gardens, FL

This home is located at 506 5th Ln, Palm Beach Gardens, FL 33418 since 26 May 2016 and is currently estimated at $402,284, approximately $252 per square foot. This property was built in 1978. 506 5th Ln is a home located in Palm Beach County with nearby schools including Timber Trace Elementary School, Watson B. Duncan Middle School, and Palm Beach Gardens 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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