$88,000
SOLD JUN 22, 2012 RENTED SEP 1, 2024

5501 55th Way West Palm Beach, FL 33409

Palm Beach Lakes Neighborhood
2 Beds
2.5 Baths
1,236 Sq Ft
$287/mo HOA Fee

Recently Sold

$71 Per Sq Ft

4% Below List Price

7 Days on Market

Highlights

  • Community Pool
  • Park
  • Central Heating and Cooling System
  • Tennis Courts
  • Ceramic Tile Flooring
  • Northwest Facing Home

About This Home

As of June 2012

COMPLETELY REDONE. APPLIANCES NOT INCLUDED IN THE PRICE. NO APPLIANCES AT THE PROPERTY.

Last Agent to Sell the Property

Alejandro Holcberg

United Properties of SE FL License #3120485 Listed on: 06/14/2012

Last Buyer's Agent

Nikki Calabrese

Village Realty Group LLC License #440187

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,748

Year Built

  • Built in 1984

Lot Details

  • Northwest Facing Home

HOA Fees

  • $287 Monthly HOA Fees

Interior Spaces

  • 1,236 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434307040000091

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Community Pool
  • Park

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,748

Year Built

Built in 1984

Lot Details

0

HOA Fees

$287 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: Cumberland to 55th
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1236.0
  • Stories: 2

Exterior Features

  • Pool Features: None, Community
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: Northwest

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 287.0
  • Community Features: Park, Pool, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

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

Lot Info

  • Parcel #: 74434307040000091
  • Zoning Description: Rpd

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 1748.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2017
Sold by
Panek Carig B
Bought by
Panek Craig B and The Craig Panek Revocable Lvin
Total Days on Market
7
Current Estimated Value
$293,556

Purchase Details

Listed on
Jun 14, 2012
Closed on
Jun 22, 2012
Sold by
Holcberg Alejandro
Bought by
Panek Craig B
Seller's Agent
Alejandro Holcberg
United Properties of SE FL
Buyer's Agent
Nikki Calabrese
Village Realty Group LLC
List Price
$92,000
Sold Price
$88,000
Premium/Discount to List
-$4,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.74%

Purchase Details

Listed on
Oct 5, 2011
Closed on
Mar 7, 2012
Sold by
The Bank Of New York Mellon
Bought by
Holcberg Alejandro
Seller's Agent
Michael Berry
Village Realty Group LLC
Buyer's Agent
Alejandro Holcberg
United Properties of SE FL
List Price
$62,900
Sold Price
$53,000
Premium/Discount to List
-$9,900
-15.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
727.04%

Purchase Details

Closed on
Aug 31, 2011
Sold by
Bembry Julian and Bembry Julian K
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Mar 31, 2005
Sold by
Mcintosh Sonya F and Mcintosh Donald T
Bought by
Bembry Julian and Bembry Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
8.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 1993
Sold by
Irby Don L
Bought by
Housing & Urban Dev
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
Interfamily Deed Transfer -- Attorney
Warranty Deed $88,000 Stewart Title Company
Corporate Deed $53,000 Stewart Title Company
Trustee Deed $44,100 Attorney
Warranty Deed $165,000 First American Title Ins Co
Deed $63,700 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 Unknown
Previous Owner $148,500 New Conventional
Previous Owner $76,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2024 09/01/24 Rented $2,200 -2.2% --
07/24/2024 07/24/24 Under Contract -- -- --
07/05/2024 07/05/24 Price Changed $2,250 +4.7% $2 / Sq Ft
07/04/2024 07/04/24 For Rent $2,150 -2.3% --
08/04/2023 08/04/23 Rented $2,200 0.0% --
05/30/2023 05/30/23 For Rent $2,200 +4.8% --
02/21/2022 02/21/22 For Rent $2,100 0.0% --
02/21/2022 02/21/22 Rented $2,100 0.0% --
06/22/2012 06/22/12 Sold $88,000 -4.3% $71 / Sq Ft
06/14/2012 06/14/12 For Sale $92,000 +73.6% $74 / Sq Ft
03/26/2012 03/26/12 Sold $53,000 -15.7% $43 / Sq Ft
02/25/2012 02/25/12 Pending -- -- --
10/05/2011 10/05/11 For Sale $62,900 -- $51 / 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 $4,549 $178,052 -- --
2023 $4,181 $161,865 $0 $0
2022 $3,685 $147,150 $0 $0
2021 $3,346 $142,493 $0 $142,493
2020 $3,089 $130,493 $0 $130,493
2019 $2,932 $127,493 $0 $127,493
2018 $2,598 $122,405 $0 $122,405
2017 $2,379 $111,405 $0 $0
2016 $2,217 $83,062 $0 $0
2015 $2,063 $75,511 $0 $0
2014 $1,906 $68,646 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2024

    Gina Lewis

    Village Realty Group LLC

    (561) 329-5468

    10 Total Sales

    Gina Lewis
    Section Image
  • Jaime Flasterstein

    Buyer's Agent in 2024

    Jaime Flasterstein

    1 on 1 Real Estate LLC

    (954) 709-8627

    40 Total Sales

    Jaime Flasterstein
    Section Image
  • Taryn Pisaneschi

    Seller's Agent in 2023

    Taryn Pisaneschi

    EXP Realty LLC

    (561) 331-1844

    2 in this area

    103 Total Sales

    Taryn Pisaneschi
    Section Image

  • L

    Seller Co-Listing Agent in 2023

    Lee Allen Shultz

    EXP Realty LLC

    (561) 366-1121

    1 in this area

    42 Total Sales

    Lee Allen Shultz
    Section Image

  • Z

    Buyer's Agent in 2023

    Zachary Rance

    United Realty Group Inc.

    (561) 819-2100

    1 in this area

    11 Total Sales

    Zachary Rance
    Section Image
  • Louise Barrette

    Seller's Agent in 2022

    Louise Barrette

    Keystone Realty Group, Inc

    (561) 502-1730

    7 in this area

    26 Total Sales

    Louise Barrette
    Section Image
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Map

Source: BeachesMLS

MLS Number: R3289114

BeachesMLS

APN: 74-43-43-07-04-000-0091

Florida Palm Beach County West Palm Beach 33409 Palm Beach Lakes

5501 55th Way, West Palm Beach, FL

This home is located at 5501 55th Way, West Palm Beach, FL 33409 and is currently priced at $88,000, approximately $71 per square foot. This property was built in 1984. 5501 55th 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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