NOT LISTED FOR SALE

5131 51st Way West Palm Beach, FL 33409

Palm Beach Lakes Neighborhood

Estimated Value: $281,000 - $314,000

2 Beds
2.5 Baths
1,236 Sq Ft
$238/Sq Ft Est. Value

Last Sold October 12, 2023

Last sale price $305,000 $247 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,532/month

56 Days on Market

Highlights

  • Lake Front
  • Community Pool
  • Balcony
  • Wood Flooring
  • Tennis Courts
  • Separate Shower in Primary Bathroom

About This Home

As of October 2023

COMPLETELY UPGRADED AND SPACIOUS 2 BEDROOM 2.5 BATHROOMS. GRANITE COUNTERTOP, WOOD CABINETS, STAINLESS STEEL APPLIANCES, INSIDE STORAGE , UPGRADED BATHROOMS . GREAT COMMUNITY WITH POOL, TENNIS, BAEBALL FIELD, KIDS PALY GROUND, LOCATED CLOSE TO SCHOOLS , SHOPPING, FITTEAM BALL PARK, (BASE BALL SPRING TRAINING)

Last Agent to Sell the Property

Gilbertorr Orr

RE/MAX Prestige Realty License #SL-0629007 Listed on: 08/14/2023

Last Buyer's Agent

Gilbertorr Orr

RE/MAX Prestige Realty License #SL-0629007 Listed on: 08/14/2023

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,825

Year Built

  • Built in 1985

Lot Details

  • 1,345 Sq Ft Lot
  • Lake Front
  • Fenced

HOA Fees

  • $420 Monthly HOA Fees

Interior Spaces

  • 1,236 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Flooring
  • Lake Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Open Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 74434307040001143

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, ground maintenance, maintenance structure, parking, pool(s), roof, water
  • Village Of Sandalwood Lak Subdivision

Recreation

  • Tennis Courts
  • Community Pool
  • Park

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,825

Year Built

Built in 1985

Lot Details

0

HOA Fees

$420 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: PALM BEACH LAKES TO VILLAGE NORTH TO 51ST WAY.
  • Year Built: 1985
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Wood
  • Living Area: 1236.0
  • Dining Room Type: Laundry
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Fence, Patio
  • View: Lake
  • Lot Features: < 1/4 Acre
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

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

Condo/Co-op/Association

  • Association Fee: 420.0
  • Community Features: Non-Gated, Park, Pool, Street Lights, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Pool(s), Roof, Water

Lot Info

  • Parcel #: 74434307040001143
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 1345.0
  • Zoning Description: RPD(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3825.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2023
Closed on
Sep 29, 2023
Sold by
Gallego Pedro L and Gallego Jennie
Bought by
Franco Kassandra and Franco Vianney S
Seller's Agent
Gilbertorr Orr
RE/MAX Prestige Realty
Buyer's Agent
Gilbertorr Orr
RE/MAX Prestige Realty
List Price
$315,000
Sold Price
$305,000
Premium/Discount to List
-$10,000
-3.17%
Total Days on Market
56
Views
21
Current Estimated Value
$294,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,471
Avg. Annual Appreciation
-2.08%
Original Mortgage
$299,475
Outstanding Balance
$294,987
Interest Rate
7.18%
Mortgage Type
FHA
Estimated Equity
-$458

Purchase Details

Listed on
Aug 3, 2020
Closed on
Sep 30, 2020
Sold by
Revest Master Limited Partnership
Bought by
Gallego Pedro L and Gallego Jennie Olivero
Seller's Agent
Shelley Avril
Summit Realty & Mgmt Services, LLC
Buyer's Agent
Gilbertorr Orr
RE/MAX Prestige Realty
List Price
$189,000
Sold Price
$187,000
Premium/Discount to List
-$2,000
-1.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.04%
Original Mortgage
$149,600
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 20, 2015
Closed on
Jun 19, 2015
Sold by
Fannie Mae
Bought by
Revest Master Limited Liability
Seller's Agent
Rodney Forbes
Forbes Realty of South Florida
Buyer's Agent
Dwayne St Hill
Inactive member
List Price
$119,900
Sold Price
$101,000
Premium/Discount to List
-$18,900
-15.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.15%

Purchase Details

Closed on
Mar 16, 2015
Sold by
Lambaz Ayhan M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 23, 2014
Sold by
Lambaz Ayhan M and Lambaz Lindsay
Bought by
Village Of Sandalwood Lakes South Homeow

Purchase Details

Closed on
Mar 15, 2006
Sold by
Household Finance Services Inc
Bought by
Lambaz Ayhan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,760
Interest Rate
5.81%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 13, 2005
Sold by
Green David and Smith Green Joni M
Bought by
Household Finance Services Inc

Purchase Details

Closed on
Aug 1, 2000
Sold by
Tortumlu Ilhan and Tortumlu Gursel
Bought by
Green David and Smith-Green Joni M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,688
Interest Rate
8.23%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 11, 1994
Sold by
Flood Robert A
Bought by
Tortumlu Ilhan and Tortumlu Gursel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,750
Interest Rate
6.96%
Source: Public Records

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Range of Values:

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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
Franco Kassandra $305,000 First International Title
Gallego Pedro L $187,000 Attorney
Revest Master Limited Liability $101,000 Attorney
Federal National Mortgage Association $85,600 None Available
Village Of Sandalwood Lakes South Homeow $171,040 Attorney
Lambaz Ayhan M $213,800 Attorney
Household Finance Services Inc $161,300 --
Green David $77,000 --
Tortumlu Ilhan $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franco Kassandra $299,475
Previous Owner Gallego Pedro L $149,600
Previous Owner Lambaz Ayhan M $42,760
Previous Owner Lambaz Ayhan M $171,040
Previous Owner Green David $110,000
Previous Owner Green David $81,786
Previous Owner Green David $79,688
Previous Owner Tortumlu Ilhan $61,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2023 10/12/23 Sold $305,000 -3.2% $247 / Sq Ft
08/17/2023 08/17/23 For Sale $315,000 +68.4% $255 / Sq Ft
10/30/2020 10/30/20 Sold $187,000 -1.1% $151 / Sq Ft
09/30/2020 09/30/20 Pending -- -- --
08/03/2020 08/03/20 For Sale $189,000 0.0% $153 / Sq Ft
07/01/2019 07/01/19 Rented $1,450 0.0% --
06/01/2019 06/01/19 Under Contract -- -- --
05/30/2019 05/30/19 For Rent $1,450 +3.6% --
10/29/2015 10/29/15 Rented $1,400 0.0% --
09/29/2015 09/29/15 Under Contract -- -- --
09/09/2015 09/09/15 For Rent $1,400 0.0% --
06/19/2015 06/19/15 Sold $101,000 -15.8% $82 / Sq Ft
05/20/2015 05/20/15 Pending -- -- --
03/20/2015 03/20/15 For Sale $119,900 -- $97 / 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 $5,575 $250,609 -- --
2023 $4,330 $172,416 $0 $0
2022 $3,825 $156,742 $0 $0
2021 $3,476 $142,493 $0 $142,493
2020 $3,222 $130,493 $0 $130,493
2019 $3,187 $127,493 $0 $127,493
2018 $2,928 $122,405 $0 $122,405
2017 $2,684 $111,405 $0 $0
2016 $2,498 $101,405 $0 $0
2015 $2,294 $90,405 $0 $0
2014 -- $68,646 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gilbertorr Orr

    Seller's Agent in 2023

    Gilbertorr Orr

    RE/MAX

    7 in this area

    30 Total Sales

    Gilbertorr Orr
    Section Image
  • Shelley Avril

    Seller's Agent in 2020

    Shelley Avril

    Summit Realty & Mgmt Services, LLC

    (561) 255-0537

    14 in this area

    149 Total Sales

    Shelley Avril
    Section Image

  • G

    Buyer's Agent in 2020

    Gilbert Orr

    RE/MAX

    (561) 601-4492

    4 in this area

    14 Total Sales

    Gilbert Orr
    Section Image

  • R

    Seller's Agent in 2015

    Rodney Forbes

    Forbes Realty of South Florida

  • S

    Seller's Agent in 2015

    Stuart Steinberg

    Revest LLC

  • D

    Buyer's Agent in 2015

    Dwayne St Hill

    Inactive member

See All Agents

Map

Source: BeachesMLS

MLS Number: R10911667

BeachesMLS

APN: 74-43-43-07-04-000-1143

Florida Palm Beach County West Palm Beach 33409 Palm Beach Lakes

5131 51st Way, West Palm Beach, FL

This home is located at 5131 51st Way, West Palm Beach, FL 33409 since 14 August 2023 and is currently estimated at $294,529, approximately $238 per square foot. This property was built in 1985. 5131 51st Way is a home located in Palm Beach County with nearby schools including Seminole Trails Elementary School, Bear Lakes Middle School, and Palm Beach Lakes Community High School.

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