NOT LISTED FOR SALE

5501 Hobart Ave West Palm Beach, FL 33405

Dreher Park Neighborhood

Estimated Value: $389,712 - $533,000

3 Beds
1 Bath
1,036 Sq Ft
$436/Sq Ft Est. Value

Last Sold May 13, 2021

Last sale price $267,500 $258 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,862/month

55 Days on Market

Highlights

  • Room in yard for a pool
  • Garden View
  • Patio
  • Wood Flooring
  • Interior Lot
  • Closed Circuit Camera

About This Home

As of May 2021

AS-IS 3 bedroom West Palm Beach Home! Locate just minutes away from Palm Beach International Airport. Wonderful neighborhood near Palm Beach zoo. Gorgeous kitchen features, wood cabinets, granite countertop and backsplash. Space for RV or boat. Perfect for first time homebuyers or rental income.

Last Agent to Sell the Property

Patricia Causillas

Partnership Realty Inc. License #3294837 Listed on: 02/16/2021

Last Buyer's Agent

Nydia Pino

Realty ONE Group Innovation License #684915

Realty ONE Group Innovation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,068

Year Built

  • Built in 1956

Lot Details

  • Interior Lot
  • Property is zoned SF7

Parking

  • Driveway

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,036 Sq Ft Home
  • 1-Story Property
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Home Security

  • Closed Circuit Camera
  • Fire and Smoke Detector

Outdoor Features

  • Room in yard for a pool
  • Patio
  • Shed

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • El Monte Park In Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74434404260030070

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,068

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Summit Blvd. to Hobart Ave. House on the right side.
  • Year Built: 1956
  • Architectural Style: Ranch
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile, Hardwood, Wood
  • Living Area: 1036.0
  • Stories: 1

Exterior Features

  • Exterior Features: Patio, Room For Pool, Shed
  • View: Garden
  • Lot Features: Interior Lot
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No
  • Parking Features: Driveway

Utilities

  • Security: Closed Circuit Camera(s), Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 74434404260030070
  • Lot Size: Interior Lot
  • Zoning Description: SF7

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4068.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2021
Closed on
May 11, 2021
Sold by
Vasto Lilian Teresa Di and Moreno Marcelo Gustavo
Bought by
Morejon Noel Baigorria
Seller's Agent
Patricia Causillas
Partnership Realty Inc.
Buyer's Agent
Nydia Pino
Realty ONE Group Innovation
List Price
$274,000
Sold Price
$267,500
Premium/Discount to List
-$6,500
-2.37%
Current Estimated Value
$451,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,678
Avg. Annual Appreciation
13.28%
Original Mortgage
$259,660
Outstanding Balance
$237,128
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$217,317

Purchase Details

Listed on
May 22, 2013
Closed on
Jul 1, 2013
Sold by
5501 Hobart Avenue Llc
Bought by
Divasto Lilian Teresa
Seller's Agent
Tanya Bach
LAER Realty Partners Bowen/Wellington
Buyer's Agent
Maritza Vanegas
RE/MAX Excellence
List Price
$125,000
Sold Price
$126,500
Premium/Discount to List
$1,500
1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.98%
Original Mortgage
$82,225
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2012
Sold by
Palmer David L and Palmer Diana J
Bought by
5501 Hobart Avenue Llc

Purchase Details

Closed on
Aug 29, 2008
Sold by
Brown Thomas K
Bought by
Palmer David L and Palmer Diana J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 2008
Sold by
Brown Timothy C
Bought by
Brown Ii Thomas K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Morejon Noel Baigorria $267,500 Attorney
Divasto Lilian Teresa $126,500 Attorney
5501 Hobart Avenue Llc -- Attorney
Palmer David L $140,000 Signature Land Title Co Llc
Brown Ii Thomas K $55,000 Signature Land Title Co Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morejon Noel Baigorria $259,660
Previous Owner Divasto Lilian Teresa $82,225
Previous Owner Brown Ii Thomas K $75,000
Previous Owner The Brown Trust $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2021 05/13/21 Sold $267,500 -2.4% $258 / Sq Ft
04/13/2021 04/13/21 Pending -- -- --
02/16/2021 02/16/21 For Sale $274,000 +116.6% $264 / Sq Ft
07/01/2013 07/01/13 Sold $126,500 +1.2% $122 / Sq Ft
06/01/2013 06/01/13 Pending -- -- --
05/22/2013 05/22/13 For Sale $125,000 -- $121 / 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 $4,706 $258,006 -- --
2023 $4,580 $250,491 $0 $0
2022 $4,519 $243,195 $0 $0
2021 $4,383 $188,778 $82,500 $106,278
2020 $4,068 $172,729 $67,500 $105,229
2019 $3,806 $159,211 $52,500 $106,711
2018 $3,502 $151,462 $52,080 $99,382
2017 $3,331 $148,835 $41,664 $107,171
2016 $3,104 $127,339 $0 $0
2015 $2,955 $115,763 $0 $0
2014 $2,649 $105,239 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    Patricia Causillas

    Partnership Realty Inc.

    (561) 574-3397

    1 in this area

    4 Total Sales

    Section Image
  • Nydia Pino

    Buyer's Agent in 2021

    Nydia Pino

    Realty ONE Group Innovation

    (954) 804-4971

    2 in this area

    202 Total Sales

    Section Image
  • Tanya Bach

    Seller's Agent in 2013

    Tanya Bach

    LAER Realty Partners Bowen/Wellington

    (561) 202-5911

    73 Total Sales

    Section Image
  • Maritza Vanegas

    Buyer's Agent in 2013

    Maritza Vanegas

    RE/MAX

    (561) 509-5787

    35 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10692973

BeachesMLS

APN: 74-43-44-04-26-003-0070

Florida Palm Beach County West Palm Beach 33405 Dreher Park

5501 Hobart Ave, West Palm Beach, FL

This home is located at 5501 Hobart Ave, West Palm Beach, FL 33405 since 16 February 2021 and is currently estimated at $451,178, approximately $435 per square foot. This property was built in 1956. 5501 Hobart Ave is a home located in Palm Beach County with nearby schools including Palmetto Elementary School, Conniston Middle School, and Forest Hill 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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