$101,000
SOLD JUN 19, 2015

5131 51st Way West Palm Beach, FL 33409

Palm Beach Lakes Neighborhood
2 Beds
2.5 Baths
1,236 Sq Ft
$275/mo HOA Fee

Recently Sold

$82 Per Sq Ft

16% Below List Price

60 Days on Market

Highlights

  • Lake View
  • Tennis Courts
  • Breakfast Bar
  • Community Pool
  • Walk-In Closet
  • Patio

About This Home

As of October 2023

Located in the heart of popular Sandalwood Lakes Subdivision, this 2BR/2.5BA townhome overlooks a beautiful community lake. So convenient to I-95, area parks, new Palm Beach Outlet Mall, airport, downtown West Beach and Clematis District. Just a short drive to the intracoastal waterway and Palm Beach Island's beautiful beaches. This unit has privacy with a fenced and gated patio area for entertaining. Enjoy the tree lined sidewalks, community pool and tennis courts. This unit also has extra storage space and central vacuum. This is a Fannie Mae property. Contact the listing agent for information on submitting an offer.

Last Agent to Sell the Property

Rodney Forbes

Forbes Realty of South Florida License #3192785 Listed on: 03/20/2015

Last Buyer's Agent

Dwayne St Hill

Inactive Member License #3258086

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,906

Year Built

  • Built in 1985

Lot Details

  • 1,345 Sq Ft Lot
  • Fenced

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,236 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Family Room
  • Combination Dining and Living Room
  • Lake Views
  • Breakfast Bar

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Home Security

Outdoor Features

  • 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, ground maintenance, pool(s), water
  • Village Of Sandalwood Lak Subdivision

Recreation

  • Tennis Courts
  • Community Pool
  • Trails

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,906

Year Built

Built in 1985

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: I-95 to west on 45th St. Left on Village Blvd. Right on 51st Way to property
  • Year Built: 1985
  • Special Features: RealEstateOwned

Interior Features

  • Interior Amenities: Breakfast Bar, Living/Dining Room, Walk-In Closet(s), Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Electric Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Living Area: 1236.0
  • Dining Room Type: Family Room
  • Stories: 2

Exterior Features

  • Exterior Features: Fence, Patio
  • View: Lake, Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront: No
  • Construction Type: Brick Veneer, Block
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

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

Condo/Co-op/Association

  • Association Fee: 275.0
  • Community Features: Pool, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Pool, Tennis Court(s), Trail(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Pool(s), Water

Lot Info

  • Parcel #: 74434307040001143
  • Lot Size Sq Ft: 1345.0
  • Zoning Description: Res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 1906.0

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%
Views
21
Current Estimated Value
$287,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,588
Avg. Annual Appreciation
-2.96%
Original Mortgage
$299,475
Outstanding Balance
$294,458
Interest Rate
7.18%
Mortgage Type
FHA
Estimated Equity
-$7,046

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

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 Type Sale Price Title Company
Warranty Deed $305,000 First International Title
Warranty Deed $187,000 Attorney
Special Warranty Deed $101,000 Attorney
Trustee Deed $85,600 None Available
Quit Claim Deed $171,040 Attorney
Warranty Deed $213,800 Attorney
Trustee Deed $161,300 --
Warranty Deed $77,000 --
Warranty Deed $65,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $299,475 FHA
Previous Owner $149,600 New Conventional
Previous Owner $42,760 Stand Alone Second
Previous Owner $171,040 Fannie Mae Freddie Mac
Previous Owner $110,000 Unknown
Previous Owner $81,786 New Conventional
Previous Owner $79,688 Balloon
Previous Owner $61,750 No Value Available
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

    6 in this area

    28 Total Sales

    Gilbertorr Orr
    Section Image
  • Shelley Avril

    Seller's Agent in 2020

    Shelley Avril

    Summit Realty & Mgmt Services, LLC

    (561) 255-0537

    11 in this area

    114 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: R10121206

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 and is currently priced at $101,000, approximately $81 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.

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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