NOT LISTED FOR SALE

5507 55th Way West Palm Beach, FL 33409

Palm Beach Lakes Neighborhood

Estimated Value: $275,050 - $292,000

2 Beds
2.5 Baths
1,236 Sq Ft
$227/Sq Ft Est. Value

Last Sold May 19, 2017

Last sale price $144,000 $117 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $2,036/month

25 Days on Market

Highlights

  • Wood Flooring
  • Tennis Courts
  • Central Heating and Cooling System
  • Community Pool
  • Park
  • Combination Kitchen and Dining Room

About This Home

As of May 2017

Very clean townhouse with upgraded kitchen cabinets and granite counters. Ceramic bottom floor with carpet.

Last Agent to Sell the Property

Myles Minns

Continental Properties, Inc. License #501036 Listed on: 03/24/2017

Continental Properties, Inc.

Last Buyer's Agent

Shane Horton

Island Bridge Realty License #3250965

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $857

Year Built

  • Built in 1984

Lot Details

  • 1,345 Sq Ft Lot
  • East Facing Home

HOA Fees

  • $340 Monthly HOA Fees

Parking

  • Assigned Parking

Interior Spaces

  • 1,236 Sq Ft Home
  • 2-Story Property
  • Combination Kitchen and Dining Room

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 74434307040000083

Community Details

Overview

  • Association fees include common areas, insurance, roof, trash
  • Village Of Sandalwood Lak Subdivision

Recreation

  • Tennis Courts
  • Community Pool
  • Park
  • Trails

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$857

Year Built

Built in 1984

Lot Details

0

HOA Fees

$340 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: Village Blvd. to Cumberland look for 55th street number.
  • Year Built: 1984
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Kitchen/Dining Combo, Split Bedrooms
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Wood
  • Living Area: 1236.0
  • Stories: 2

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: East
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

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

Condo/Co-op/Association

  • Association Fee: 340.0
  • Community Features: Park, Pool, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Pool, Tennis Court(s), Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Roof, Trash

Lot Info

  • Parcel #: 74434307040000083
  • Lot Size Sq Ft: 1345.0
  • Zoning Description: RPD(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 857.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2017
Closed on
May 19, 2017
Sold by
Rasnick Mariyln D and Rasnick Marilyn M
Bought by
Mesite James Williams
Seller's Agent
Myles Minns
Continental Properties, Inc.
Buyer's Agent
Shane Horton
Island Bridge Realty
List Price
$143,900
Sold Price
$144,000
Premium/Discount to List
$100
0.07%
Current Estimated Value
$281,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,013
Avg. Annual Appreciation
8.31%
Original Mortgage
$141,191
Outstanding Balance
$117,192
Interest Rate
4.03%
Mortgage Type
FHA
Estimated Equity
$163,821

Purchase Details

Closed on
Oct 4, 2016
Sold by
Rasnick Marilyn D and Rasnick Marilyn M
Bought by
Rasnick Marilyn D and Rasnick Anthony M

Purchase Details

Closed on
Dec 19, 1994
Sold by
Rasnick James E and Rasnick Marilyn M
Bought by
Rasnick Marilyn M
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
Mesite James Williams $144,000 Title Trust Services Llc
Rasnick Marilyn D -- None Available
Rasnick Marilyn M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mesite James Williams $141,191
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2017 05/19/17 Sold $144,000 +0.1% $117 / Sq Ft
04/19/2017 04/19/17 Pending -- -- --
03/24/2017 03/24/17 For Sale $143,900 -- $116 / 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 $2,476 $141,384 -- --
2023 $2,394 $137,266 $0 $0
2022 $2,317 $133,268 $0 $0
2021 $2,275 $129,386 $0 $0
2020 $2,235 $127,600 $0 $0
2019 $2,196 $124,731 $0 $0
2018 $2,011 $122,405 $0 $122,405
2017 $864 $61,412 $0 $0
2016 $857 $60,149 $0 $0
2015 $860 $59,731 $0 $0
2014 $864 $59,257 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Myles Minns

    Seller's Agent in 2017

    Myles Minns

    Continental Properties, Inc.

    (732) 207-3141

    8 in this area

    115 Total Sales

    Myles Minns
    Section Image

  • S

    Buyer's Agent in 2017

    Shane Horton

    Island Bridge Realty

See All Agents

Map

Source: BeachesMLS

MLS Number: R10319530

BeachesMLS

APN: 74-43-43-07-04-000-0083

Florida Palm Beach County West Palm Beach 33409 Palm Beach Lakes

5507 55th Way, West Palm Beach, FL

This home is located at 5507 55th Way, West Palm Beach, FL 33409 since 24 March 2017 and is currently estimated at $281,013, approximately $227 per square foot. This property was built in 1984. 5507 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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