NOT LISTED FOR SALE

5118 Palm Beach Canal Rd Unit 5118 & 5116 West Palm Beach, FL 33415

Cannongate Neighborhood

Estimated Value: $312,000 - $554,000

-- Bed
2 Baths
989 Sq Ft
$412/Sq Ft Est. Value

Last Sold September 27, 2013

Last sale price $100,170 $101 Per Sq Ft

Est. 307% increase in value since last sale

Current estimated payment $2,511/month

20 Days on Market

Highlights

  • Garden View
  • Terrazzo Flooring
  • Ceiling Fan
  • Impact Glass
  • Central Heating and Cooling System
  • Fenced

About This Home

As of September 2013

This 1/1 duplex has been owned and meticulously mantained by the same family since it was built in 1952 ...This property has had several significant updates including impact windows, storm shutters, electrical & plumbing systems, commercial grade GE Zone-line AC's, new complete septic system, etc. This is a great opportunity for an owner occupant wishing to generate income from the additional unit or a straight forward investment property. Both units are identical, clean as a whistle and ready for immediat

Last Agent to Sell the Property

Janine Tompkins

Lang Realty - Boynton Beach License #684354 Listed on: 09/06/2013

Lang Realty - Boynton Beach

Last Buyer's Agent

JOCELYNE MORE

United Realty Group Inc License #3253841

United Realty Group Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,508

Year Built

  • Built in 1952

Lot Details

  • Fenced
  • Sprinkler System

Home Design

  • Duplex
  • Tar and Gravel Roof

Interior Spaces

  • 989 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Terrazzo Flooring
  • Garden Views
  • Impact Glass

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes electricity, cable TV, water
  • Assessor Parcel Number 00424402000001270

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,508

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Southern Blvd, south on Haverhill, west on PB Canal Rd, duplex is 2nd property in from Haverhill.
  • Year Built: 1952
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Terrazzo
  • Living Area: 989.0
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Fence
  • View: Garden
  • Lot Features: Sprinklers Automatic
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Other, Tar/Gravel

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Cable TV, Water
  • Senior Community: No

Lot Info

  • Parcel #: 00424402000001270
  • Zoning Description: RM - Mul

Rental Info

  • Tenant Pays: Exterior Electric, Water

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 1508.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2019
Sold by
Larco Group Llc
Bought by
Lyons Evans Ryan P and Lyons Evans Anette T
Current Estimated Value
$407,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,300
Outstanding Balance
$136,397
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$266,340

Purchase Details

Listed on
Sep 6, 2013
Closed on
Sep 25, 2013
Sold by
Joyce Wayne E
Bought by
Larco Group Llc
Seller's Agent
Janine Tompkins
Lang Realty - Boynton Beach
Buyer's Agent
JOCELYNE MORE
United Realty Group Inc
List Price
$79,900
Sold Price
$100,170
Premium/Discount to List
$20,270
25.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.28%

Purchase Details

Closed on
Jul 22, 2002
Sold by
Joyce Wayne E
Bought by
Joyce Wayne E

Purchase Details

Closed on
Apr 22, 2002
Sold by
Joyce James L
Bought by
Joyce Wayne E
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
Lyons Evans Ryan P -- None Available
Larco Group Llc $100,170 Family Escrow & Title Inc
Joyce Wayne E -- --
Joyce Wayne E -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2013 09/27/13 Sold $100,170 +25.4% $101 / Sq Ft
09/06/2013 09/06/13 For Sale $79,900 -- $81 / 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 $4,174 $176,921 -- --
2023 $3,820 $160,837 $108,989 $107,778
2022 $3,418 $146,215 $0 $0
2021 $3,066 $134,622 $52,500 $82,122
2020 $2,847 $120,839 $52,500 $68,339
2019 $2,658 $121,957 $52,500 $69,457
2018 $2,218 $90,218 $27,893 $62,325
2017 $2,163 $90,218 $27,893 $62,325
2016 $2,221 $91,222 $0 $0
2015 $2,150 $84,706 $0 $0
2014 $2,032 $77,370 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R9975392

BeachesMLS

APN: 00-42-44-02-00-000-1270