NOT LISTED FOR SALE

5506 55th Way West Palm Beach, FL 33409

Palm Beach Lakes Neighborhood

Estimated Value: $282,000 - $312,000

2 Beds
3 Baths
1,236 Sq Ft
$240/Sq Ft Est. Value

Last Sold July 13, 2012

Last sale price $62,000 $50 Per Sq Ft

Est. 378% increase in value since last sale

Current estimated payment $2,043/month

About This Home

As of July 2012

BEAUTIFUL 2/2.5 TOWNHOUSE WITH LARGE FENCED PATIO IN QUIET SANDALWOOD LAKES. WATER AND TRASH INCLUDED IN RENT. CLOSE TO I-95, CLEMATIS, CITY PLACE, BEACH, AND PALM BEACH OUTLET. GREAT DEAL. DO NOT MISS IT!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2012
Closed on
Aug 28, 2012
Sold by
Florida Foreclosure Group Llc
Bought by
Eight Line Corp
Seller's Agent
Nick Jackson
The Global Real Estate Group
Buyer's Agent
Sam Fisch
Real Estate Solutions
List Price
$69,900
Sold Price
$62,000
Premium/Discount to List
-$7,900
-11.3%
Current Estimated Value
$296,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,335
Avg. Annual Appreciation
12.89%

Purchase Details

Listed on
Feb 13, 2012
Closed on
Jul 13, 2012
Sold by
Federal National Home Loan Mortgage Corp
Bought by
Florida Foreclosure Group Llc
Seller's Agent
Nick Jackson
The Global Real Estate Group
Buyer's Agent
Sam Fisch
Real Estate Solutions
List Price
$69,900
Sold Price
$62,000
Premium/Discount to List
-$7,900
-11.3%

Purchase Details

Closed on
Mar 20, 2012
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 5, 2012
Sold by
Williams Thomas G
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Aug 29, 2003
Sold by
Paoli Edward D
Bought by
Williams Thomas G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,715
Interest Rate
5.72%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 12, 2002
Sold by
Neptune Joel and Neptune Martine
Bought by
Paoli Edward D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,850
Interest Rate
7.02%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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 Buyer Sale Price Title Company
Eight Line Corp $84,900 Vista Title Insurance & Guar
Florida Foreclosure Group Llc $62,000 Attorney
Federal Home Loan Mortgage Corporation -- New House Title
Wells Fargo Bank Na -- None Available
Williams Thomas G $115,500 Integrity Land Title
Paoli Edward D $86,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Thomas $172,000
Previous Owner Williams Thomas G $21,500
Previous Owner Williams Thomas G $73,700
Previous Owner Williams Thomas G $113,715
Previous Owner Paoli Edward D $77,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2021 03/15/21 Rented $1,500 0.0% --
02/13/2021 02/13/21 Under Contract -- -- --
01/28/2021 01/28/21 For Rent $1,500 +3.4% --
01/28/2020 01/28/20 Rented $1,450 -1.7% --
12/29/2019 12/29/19 Under Contract -- -- --
10/31/2019 10/31/19 For Rent $1,475 +7.3% --
10/11/2017 10/11/17 Rented $1,375 0.0% --
09/11/2017 09/11/17 Under Contract -- -- --
09/06/2017 09/06/17 For Rent $1,375 +10.0% --
02/09/2016 02/09/16 For Rent $1,250 0.0% --
02/09/2016 02/09/16 Rented $1,250 +8.7% --
01/31/2015 01/31/15 Rented $1,150 0.0% --
01/01/2015 01/01/15 Under Contract -- -- --
12/05/2014 12/05/14 For Rent $1,150 +2.2% --
06/30/2014 06/30/14 Rented $1,125 -4.3% --
05/31/2014 05/31/14 Under Contract -- -- --
04/18/2014 04/18/14 For Rent $1,175 0.0% --
07/13/2012 07/13/12 Sold $62,000 -11.3% $50 / Sq Ft
06/13/2012 06/13/12 Pending -- -- --
02/13/2012 02/13/12 For Sale $69,900 -- $57 / Sq Ft

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

  • V

    Seller's Agent in 2021

    Victor Castillo Jr

    Miami Life Realty LLC

  • F

    Buyer's Agent in 2021

    Franco Camacho

    Echo Fine Properties

    (561) 906-7347

    17 Total Sales

    Franco Camacho
    Section Image

  • E

    Buyer's Agent in 2020

    Eric Benjamin

    LAER Realty Partners Bowen/Wellington

  • J

    Buyer's Agent in 2017

    Jamaal Fleurigene

    Highlight Realty Corp/LW

    (321) 277-1959

    7 Total Sales

    Jamaal Fleurigene
    Section Image
  • Michael Horan

    Buyer's Agent in 2016

    Michael Horan

    Atlantic Florida Properties Inc

    (561) 596-8220

    24 in this area

    81 Total Sales

    Michael Horan
    Section Image

  • M

    Buyer's Agent in 2015

    Matthew Whitehall

    Jordyn Taylor Properties, LLC

See All Agents

Map

Florida Palm Beach County West Palm Beach 33409 Palm Beach Lakes

5506 55th Way, West Palm Beach, FL

This home is located at 5506 55th Way, West Palm Beach, FL 33409 and is currently estimated at $296,335, approximately $239 per square foot. 5506 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.

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