5500 Cannon Way Unit B West Palm Beach, FL 33415
Cannongate NeighborhoodEstimated Value: $276,231 - $321,000
2
Beds
2.5
Baths
1,216
Sq Ft
$250/Sq Ft
Est. Value
Highlights
- Garden View
- Ceramic Tile Flooring
- Central Heating and Cooling System
- Patio
About This Home
As of November 2015Attention owner-occupants; come see this stylishly renovated two bedroom town home. This spacious two bedroom features tile floors throughout the downstairs, and brand new berber carpet upstairs. The two master suites both have their own private bath, with new vanities. The brand new kitchen includes trendy cabinets, granite counter tops, and sleek stainless steel appliances. The fenced in courtyard is perfect for grilling and entertaining. See for yourself, the property is in true ''move-in condition.'' Prior to closing, the seller will install a brand new A/C with a compressor and handler. This is the perfect opportunity for FHA buyers. Per the seller, buyer cannot earn more than 120% of the Area Median Income. Call listing agent for details and showings!
Last Agent to Sell the Property
Real Estate Sales Force License #3030264 Listed on: 09/27/2015
Last Buyer's Agent
Wendi Meade
Inactive member License #3245924
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,008
Year Built
- Built in 1985
Lot Details
- 1,164
HOA Fees
- $81 Monthly HOA Fees
Home Design
- Frame Construction
Interior Spaces
- 1,216 Sq Ft Home
- 2-Story Property
- Garden Views
Kitchen
- Electric Range
- Dishwasher
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Split Bedroom Floorplan
Laundry
- Dryer
- Washer
Parking
- Over 1 Space Per Unit
- Assigned Parking
Utilities
- Central Heating and Cooling System
- Cable TV Available
Additional Features
- Patio
- 1,164 Sq Ft Lot
Listing and Financial Details
- Assessor Parcel Number 00424402270120020
Community Details
Overview
- Association fees include common areas, security
- Society Hill Cannongate Subdivision
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 27, 2015
Closed on
Nov 16, 2015
Sold by
Hogar Community Reinvestment Llc
Bought by
Rodriguez Robert A
Seller's Agent
Michael Kelly
Real Estate Sales Force
Buyer's Agent
Wendi Meade
Inactive member
List Price
$115,000
Sold Price
$112,000
Premium/Discount to List
-$3,000
-2.61%
Total Days on Market
26
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,558
Avg. Annual Appreciation
10.99%
Original Mortgage
$109,971
Outstanding Balance
$90,087
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$213,471
Purchase Details
Listed on
May 23, 2014
Closed on
Jul 9, 2014
Sold by
Bank Of America Na
Bought by
Hogar Community Reinvestment Llc
Seller's Agent
Jesse Kearney
Kearney & Associates Realty
List Price
$64,900
Sold Price
$58,408
Premium/Discount to List
-$6,492
-10%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
64.38%
Purchase Details
Closed on
May 15, 2014
Sold by
Cannongate Property Owners Association I
Bought by
The Bank Of New York Mellon and The Bank Of New York
Purchase Details
Closed on
Nov 22, 2010
Sold by
Hernandez Delia M and Hernandez Marlin Yessenia Peralta
Bought by
Society Hill Homeowners Association Inc
Purchase Details
Closed on
Jul 26, 2004
Sold by
Hernandez Delia M
Bought by
Hernandez Delia M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,200
Interest Rate
6.22%
Mortgage Type
New Conventional
Similar Homes in West Palm Beach, FL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rodriguez Robert A | $112,000 | Attorney | |
| Hogar Community Reinvestment Llc | -- | Attorney | |
| Bank Of America Na | $58,408 | Attorney | |
| The Bank Of New York Mellon | $50,000 | None Available | |
| Society Hill Homeowners Association Inc | $2,100 | None Available | |
| Hernandez Delia M | -- | Countrywide Title Group Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rodriguez Robert A | $18,259 | |
| Open | Rodriguez Robert A | $109,971 | |
| Previous Owner | Hernandez Delia M | $162,000 | |
| Previous Owner | Hernandez Delia M | $95,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/23/2015 11/23/15 | Sold | $112,000 | -2.6% | $92 / Sq Ft |
| 10/24/2015 10/24/15 | Pending | -- | -- | -- |
| 09/27/2015 09/27/15 | For Sale | $115,000 | +96.9% | $95 / Sq Ft |
| 08/01/2014 08/01/14 | Sold | $58,408 | -10.0% | $50 / Sq Ft |
| 07/02/2014 07/02/14 | Pending | -- | -- | -- |
| 05/23/2014 05/23/14 | For Sale | $64,900 | -- | $56 / Sq Ft |
Source: BeachesMLS
Tax History Compared to Growth
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 | $2,057 | $147,498 | -- | -- |
| 2023 | $1,992 | $143,202 | $0 | $0 |
| 2022 | $1,961 | $139,031 | $0 | $0 |
| 2021 | $1,925 | $134,982 | $0 | $0 |
| 2020 | $1,906 | $133,118 | $0 | $133,118 |
| 2019 | $2,357 | $123,118 | $0 | $123,118 |
| 2018 | $2,077 | $110,097 | $0 | $110,097 |
| 2017 | $1,932 | $102,097 | $0 | $0 |
| 2016 | $1,764 | $85,097 | $0 | $0 |
| 2015 | $1,573 | $72,097 | $0 | $0 |
| 2014 | $1,008 | $35,208 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Kelly
M
Seller's Agent in 2015
Michael Kelly
Real Estate Sales Force
(305) 392-1497
48 Total Sales
-
W
Buyer's Agent in 2015
Wendi Meade
Inactive member
-
Jesse Kearney
J
Seller's Agent in 2014
Jesse Kearney
Kearney & Associates Realty
(561) 714-7062
12 Total Sales
Map
Source: BeachesMLS
MLS Number: R10170928
APN: 00-42-44-02-27-012-0020
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