NOT LISTED FOR SALE

5116 Michigan Ave Unit 12B West Palm Beach, FL 33415

Cresthaven Boulevard Neighborhood

Estimated Value: $163,462 - $215,000

2 Beds
1 Bath
915 Sq Ft
$205/mo HOA Fee

Last Sold September 28, 2018

Last sale price $115,000 $126 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,374/month

23 Days on Market

Highlights

  • RV Access or Parking
  • Garden View
  • Ceramic Tile Flooring
  • 134,338 Sq Ft lot
  • Screened Porch
  • Central Heating and Cooling System

About This Home

As of September 2018

Opportunity is knocking, will you answer?Here's your chance to own your own villa in a small community of only 32 units. Fenced backyard for privacy, laundry room with full size washer and dryer.Storage area. A/C unit 3 years old, washer, dryer, stove, refrigerator under 2 years old.Are you a investor? This villas rents for $1200 a month and you can rent immediately. 2 pets under 20 pounds, 2 vehicles per unit. Please read rules and regulations. Occupancy is strictly limited to no more than 2 adults and 2 children according to the condo documents. Cash or conventional only.This villa can be purchased with 3% down conventional financing.Taking cash only back up offers.

Last Agent to Sell the Property

Alexandra Haritos

Inactive Member License #653028 Listed on: 08/05/2018

Inactive Member

Last Buyer's Agent

Cecilia Caceres

Partnership Realty Inc. License #3141479

Partnership Realty Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,108

Year Built

  • Built in 1974

Lot Details

  • Fenced

HOA Fees

  • $205 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 915 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Combination Kitchen and Dining Room
  • Screened Porch
  • Ceramic Tile Flooring
  • Garden Views
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Stacked Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • RV Access or Parking
  • Deeded Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Association fees include common areas, insurance, ground maintenance, parking, roof, sewer, water
  • 32 Units
  • Pine Crest Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00424414470000122

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,108

Year Built

Built in 1974

Lot Details

0

HOA Fees

$205 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Haverhill road north of Cresthaven on the west side.
  • Year Built: 1974
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Kitchen/Dining Combo, Stacked Bedrooms
  • Furnished: Unfurnished
  • Appliances: Dryer, Electric Range, Electric Water Heater, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 915.0
  • Stories: 1
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Enclosed Porch, Fence
  • View: Garden
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Deeded, RV Access/Parking

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 205.0
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Parking, Roof, Sewer, Water

Lot Info

  • Parcel #: 00424414470000122
  • Lot Size Sq Ft: 134338.0
  • Zoning Description: RM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1108.0

Multi Family

  • Number Of Units In Community: 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2018
Closed on
Sep 28, 2018
Sold by
Elar Josephine and Peter A And Josephine Elar Tru
Bought by
Machado Iliana
Seller's Agent
Alexandra Haritos
Inactive Member
Buyer's Agent
Cecilia Caceres
Partnership Realty Inc.
List Price
$125,000
Sold Price
$115,000
Premium/Discount to List
-$10,000
-8%
Current Estimated Value
$182,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,866
Avg. Annual Appreciation
6.77%
Original Mortgage
$86,500
Outstanding Balance
$75,433
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$107,433

Purchase Details

Closed on
Aug 1, 2008
Sold by
Elar Peter A and Elar Josephine
Bought by
Elar Peter A

Purchase Details

Closed on
Jun 27, 2002
Sold by
Elar Peter A and Elar Josephine
Bought by
Elar Peter A

Purchase Details

Closed on
Nov 5, 1998
Sold by
Hawk Carol G
Bought by
Elar Peter A
Source: Public Records

Range of Values:

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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
Machado Iliana $115,000 Southeast Title Agency Llc
Elar Peter A -- Attorney
Elar Peter A -- --
Elar Peter A -- --
Elar Peter A -- --
Elar Peter A -- --
Elar Peter A $34,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Machado Iliana $86,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2018 09/28/18 Sold $115,000 -8.0% $126 / Sq Ft
08/29/2018 08/29/18 Pending -- -- --
08/05/2018 08/05/18 For Sale $125,000 -- $137 / 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 $2,518 $124,449 -- --
2023 $2,226 $113,135 $0 $0
2022 $2,167 $102,850 $0 $0
2021 $1,890 $95,000 $0 $95,000
2020 $1,741 $85,000 $0 $85,000
2019 $1,746 $84,000 $0 $84,000
2018 $1,192 $68,000 $0 $68,000
2017 $1,108 $61,500 $0 $0
2016 $1,030 $38,067 $0 $0
2015 $1,004 $34,606 $0 $0
2014 $873 $31,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Alexandra Haritos

    Inactive Member

    Section Image
  • Cecilia Caceres

    Buyer's Agent in 2018

    Cecilia Caceres

    Partnership Realty Inc.

    (561) 355-0270

    1 in this area

    10 Total Sales

    Cecilia Caceres
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10453324

BeachesMLS

APN: 00-42-44-14-47-000-0122

Florida Palm Beach County West Palm Beach 33415 Cresthaven Boulevard

5116 Michigan Ave Unit 12B, West Palm Beach, FL

This home is located at 5116 Michigan Ave Unit 12B, West Palm Beach, FL 33415 since 05 August 2018 and is currently estimated at $182,866, approximately $199 per square foot. This property was built in 1974. 5116 Michigan Ave Unit 12B is a home located in Palm Beach County with nearby schools including Clifford O Taylor/Kirklane Elementary School, John I. Leonard High School, and L C Swain 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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