$220,000
SOLD MAY 4, 2021
2 Beds
2 Baths
1,091 Sq Ft
7,760 Sq Ft Lot

Recently Sold

$202 Per Sq Ft

12% Below List Price

18 Days on Market

Highlights

  • Den
  • Heating Available
  • 1-Story Property
  • Cooling Available

About This Home

As of May 2021

This home is located at 5183 Cannon Way, West Palm Beach, FL 33415 and is currently priced at $220,000, approximately $201 per square foot. This property was built in 1982. 5183 Cannon Way is a home located in Palm Beach County with nearby schools including John I. Leonard High School, Melaleuca Elementary School, and Okeeheelee Middle School.

Last Agent to Sell the Property

Michele Pino

RE/MAX Direct License #3130304 Listed on: 03/17/2021

RE/MAX Direct

Last Buyer's Agent

Michele Pino

RE/MAX Direct License #3130304 Listed on: 03/17/2021

RE/MAX Direct

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,463

Year Built

  • Built in 1982

Lot Details

  • 7,760 Sq Ft Lot
  • Property is zoned RM

HOA Fees

  • $28 Monthly HOA Fees

Interior Spaces

  • 1,091 Sq Ft Home
  • 1-Story Property
  • Den

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • Cannongate 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00424402190010390

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,463

Year Built

Built in 1982

Lot Details

0

HOA Fees

$28 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: on Cannon way
  • Year Built: 1982
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: None
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Other
  • Living Area: 1091.0
  • Dining Room Type: Den
  • Stories: 1

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association Fee: 28.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 00424402190010390
  • Lot Size Sq Ft: 7760.0
  • Zoning Description: RM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2463.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2021
Closed on
May 4, 2021
Sold by
Perez Luis N
Bought by
Sotolongo Jaaziel and Marrero Luis E
Seller's Agent
Michele Pino
RE/MAX Direct
Buyer's Agent
Michele Pino
RE/MAX Direct
List Price
$249,000
Sold Price
$220,000
Premium/Discount to List
-$29,000
-11.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.54%
Original Mortgage
$216,015
Outstanding Balance
$197,420
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$162,608

Purchase Details

Closed on
Apr 25, 2015
Sold by
Perez Sebastian and Perez Dinora
Bought by
Perez Luiz N

Purchase Details

Closed on
Apr 3, 1996
Sold by
Sec Of Hud
Bought by
Perez Sebastian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,150
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 1995
Sold by
Bancplus Mortgage Corp
Bought by
Sec Of Hud

Purchase Details

Closed on
Sep 8, 1995
Sold by
Clerk Circuit Court
Bought by
Bancplus Mtg Corp

Purchase Details

Closed on
Aug 28, 1995
Sold by
Clerk Circuit Court
Bought by
Bancplus Mtg Corp
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 Type Sale Price Title Company
Warranty Deed $220,000 Southeast Title Agency Llc
Interfamily Deed Transfer -- None Available
Deed $37,100 --
Quit Claim Deed $100 --
Deed -- --
Deed $51,900 --
Contract Of Sale -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $216,015 FHA
Previous Owner $71,524 Unknown
Previous Owner $35,150 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 Pending -- -- --
06/16/2025 06/16/25 Price Changed $415,000 -4.6% $380 / Sq Ft
05/22/2025 05/22/25 For Sale $435,000 +97.7% $399 / Sq Ft
05/04/2021 05/04/21 Sold $220,000 -11.6% $202 / Sq Ft
04/04/2021 04/04/21 Pending -- -- --
03/17/2021 03/17/21 For Sale $249,000 -- $228 / 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 $3,498 $226,845 -- --
2023 $3,271 $213,000 $0 $213,000
2022 $3,709 $194,620 $0 $0
2021 $2,725 $166,100 $0 $166,100
2020 $2,463 $141,724 $49,300 $92,424
2019 $2,396 $141,724 $49,300 $92,424
2018 $2,064 $122,296 $33,659 $88,637
2017 $1,771 $92,584 $26,927 $65,657
2016 $1,575 $70,144 $0 $0
2015 $597 $40,424 $0 $0
2014 $595 $40,103 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10700798

BeachesMLS

APN: 00-42-44-02-19-001-0390