$365,000 - $425,000
RENTED DEC 1, 2024

5314 Lake Ave Unit Efficiency West Palm Beach, FL 33405

Dreher Park Neighborhood
1 Bed
1 Bath
300 Sq Ft
$1,300 Price per Sq Ft

About This Home

Charming 1-bedroom, 1-bathroom efficiency in the heart of West Palm Beach! This cozy space offers all the essentials with a comfortable layout and plenty of natural light. Step outside to enjoy a spacious backyard--perfect for relaxing. Located close to shopping, dining, and the beach, this property provides a great blend of comfort and convenience. Ideal for anyone seeking a low-maintenance lifestyle in a vibrant area. Don't miss out!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2024
Sold by
Rivero Carlos Joel and Rivero Cindy Alvarado
Bought by
5314 Lake Ave Llc
Current Estimated Value
$389,967

Purchase Details

Closed on
Oct 31, 2022
Sold by
Day Richard
Bought by
Rivero Carlos Joel and Araya Cindy Alvarado

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,672
Interest Rate
6.95%
Mortgage Type
VA

Purchase Details

Closed on
Jun 20, 2022
Sold by
Betancourt Milagro D
Bought by
Day Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2016
Sold by
Garcia Caridad C
Bought by
Betancourt Milagro D

Purchase Details

Closed on
Aug 7, 2016
Sold by
Gonzalez Maria E and Gonzalez Orestes
Bought by
Garcia Caridad C
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
5314 Lake Ave Llc $392,000 Gullett Title
Rivero Carlos Joel $352,000 --
Day Richard $300,000 First International Title
Betancourt Milagro D -- None Available
Garcia Caridad C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rivero Carlos Joel $364,672
Previous Owner Day Richard $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2024 12/01/24 Rented $1,100 0.0% --
11/27/2024 11/27/24 Under Contract -- -- --
11/14/2024 11/14/24 For Rent $1,100 -- --

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 $6,399 $298,460 -- --
2023 $6,847 $318,343 $173,138 $145,205
2022 $4,002 $165,604 $0 $0
2021 $5,586 $151,223 $78,375 $72,848
2020 $3,284 $137,474 $64,125 $73,349
2019 $3,034 $124,421 $49,875 $74,546
2018 $2,941 $125,507 $49,476 $76,031
2017 $2,737 $115,708 $39,580 $76,128
2016 $1,863 $66,121 $0 $0
2015 $1,773 $60,110 $0 $0
2014 $1,617 $54,645 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map