$108,000
SOLD JUN 19, 2015

5503 55th Way West Palm Beach, FL 33409

Palm Beach Lakes Neighborhood
2 Beds
2.5 Baths
1,236 Sq Ft
$270/mo HOA Fee

Recently Sold

$87 Per Sq Ft

14% Below List Price

77 Days on Market

Highlights

  • Community Pool
  • Patio
  • Tile Flooring
  • Walk-In Closet
  • Park
  • Guest Parking

About This Home

As of November 2020

Bring your finishing touches to this Sandalwood Lakes South townhouse with Mexican tile, laminate wood floors, and stainless steel refrigerator. Two bedrooms and two baths upstairs with half bath and laundry room downstairs. Master bedroom with walk-in closet and en-suite bath. Spacious living room overlooks the private patio.

Last Agent to Sell the Property

Matthew Brannon

Illustrated Properties LLC (Co License #3171071 Listed on: 03/03/2015

Illustrated Properties LLC (Co

Last Buyer's Agent

Antoinette Mokwa

Polo Park Realty License #3059061

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $864

Year Built

  • Built in 1985

HOA Fees

  • $270 Monthly HOA Fees

Interior Spaces

  • 1,236 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Family Room
  • Combination Dining and Living Room

Kitchen

  • Electric Range
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • Guest Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Patio
  • Fenced

Listing and Financial Details

  • Assessor Parcel Number 74434307040000093

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, maintenance structure, water
  • Village Of Sandalwood Lak Subdivision

Recreation

  • Community Pool
  • Park
  • Trails

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$864

Year Built

Built in 1985

Lot Details

0

HOA Fees

$270 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: Village Boulevard to Sandalwood Lakes South Entrance.
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Interior Amenities: Living/Dining Room, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Laminate, Tile
  • Living Area: 1236.0
  • Dining Room Type: Family Room, Storage Room
  • Stories: 2
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Fence, Patio
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

  • 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

  • Association Fee: 270.0
  • Community Features: Park, Pool, Sidewalks
  • Senior Community: No
  • Amenities: Pool, Trail(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Water

Lot Info

  • Parcel #: 74434307040000093
  • Zoning Description: Resident

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 864.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2020
Closed on
Oct 28, 2020
Sold by
Wooten Matthew C and Wooten Elizabeth Mary
Bought by
Fields Michael R and Begin Hannah R
Seller's Agent
Andrew Grossman
Grouper Realty, Inc
Buyer's Agent
Melissa Lezcano
Donohue Real Estate, LLC
List Price
$204,900
Sold Price
$195,000
Premium/Discount to List
-$9,900
-4.83%
Current Estimated Value
$305,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,910
Avg. Annual Appreciation
9.59%
Original Mortgage
$191,468
Outstanding Balance
$172,312
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$127,578

Purchase Details

Listed on
Jun 1, 2018
Closed on
Jul 27, 2018
Sold by
Miller Marshall T
Bought by
Wooten Matthew C and Wooten Mary Jo Elizabeth
Seller's Agent
Tim Stieren
Inactive member
Buyer's Agent
Logan Schaner
Inactive member
List Price
$199,900
Sold Price
$193,500
Premium/Discount to List
-$6,400
-3.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.34%
Original Mortgage
$154,800
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 3, 2015
Closed on
Jun 19, 2015
Sold by
Davis Paul and Davis Nell
Bought by
Miller Marshall T
Seller's Agent
Matthew Brannon
Illustrated Properties LLC (Co
Buyer's Agent
Antoinette Mokwa
Polo Park Realty
List Price
$125,000
Sold Price
$108,000
Premium/Discount to List
-$17,000
-13.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.62%
Original Mortgage
$104,139
Interest Rate
3.92%
Mortgage Type
VA
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
Warranty Deed $195,000 None Available
Warranty Deed $193,500 None Available
Warranty Deed $108,000 Prosperity Land Title Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $191,468 FHA
Previous Owner $154,800 New Conventional
Previous Owner $25,000 Commercial
Previous Owner $104,139 VA
Previous Owner $155,000 Credit Line Revolving
Previous Owner $98,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2020 11/06/20 Sold $195,000 -4.8% $158 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
07/07/2020 07/07/20 For Sale $204,900 +5.9% $166 / Sq Ft
07/27/2018 07/27/18 Sold $193,500 -3.2% $157 / Sq Ft
06/27/2018 06/27/18 Pending -- -- --
06/01/2018 06/01/18 For Sale $199,900 +85.1% $162 / Sq Ft
06/19/2015 06/19/15 Sold $108,000 -13.6% $87 / Sq Ft
05/20/2015 05/20/15 Pending -- -- --
03/03/2015 03/03/15 For Sale $125,000 -- $101 / 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 $2,769 $155,706 -- --
2023 $2,680 $151,171 $0 $0
2022 $2,601 $146,768 $0 $0
2021 $2,560 $142,493 $0 $142,493
2020 $3,222 $130,493 $0 $130,493
2019 $3,187 $127,493 $0 $127,493
2018 $960 $71,268 $0 $0
2017 $921 $69,802 $0 $0
2016 $915 $68,366 $0 $0
2015 $2,294 $90,405 $0 $0
2014 -- $59,257 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Andrew Grossman

    Grouper Realty, Inc

    (561) 699-0144

    1 in this area

    50 Total Sales

    Andrew Grossman
    Section Image

  • M

    Buyer's Agent in 2020

    Melissa Lezcano

    Donohue Real Estate, LLC

    (561) 656-2929

    1 in this area

    5 Total Sales

    Melissa Lezcano
    Section Image

  • T

    Seller's Agent in 2018

    Tim Stieren

    Inactive member

    Section Image

  • L

    Buyer's Agent in 2018

    Logan Schaner

    Inactive member

  • M

    Seller's Agent in 2015

    Matthew Brannon

    Illustrated Properties LLC (Co

    (561) 386-5759

    59 Total Sales

    Matthew Brannon
    Section Image

  • A

    Buyer's Agent in 2015

    Antoinette Mokwa

    Polo Park Realty

    (561) 798-3400

    3 Total Sales

    Antoinette Mokwa
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10116225

BeachesMLS

APN: 74-43-43-07-04-000-0093

Florida Palm Beach County West Palm Beach 33409 Palm Beach Lakes

5503 55th Way, West Palm Beach, FL

This home is located at 5503 55th Way, West Palm Beach, FL 33409 and is currently priced at $108,000, approximately $87 per square foot. This property was built in 1985. 5503 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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