NOT LISTED FOR SALE

5508 55th Way West Palm Beach, FL 33409

Palm Beach Lakes Neighborhood

Estimated Value: $289,780 - $365,000

2 Beds
2.5 Baths
1,236 Sq Ft
$258/Sq Ft Est. Value

Last Sold August 16, 2024

Last sale price $320,000 $259 Per Sq Ft

Current estimated payment $2,609/month

6 Days on Market

Highlights

  • Wood Flooring
  • Hurricane or Storm Shutters
  • Patio
  • Community Pool
  • Closet Cabinetry
  • Central Heating and Cooling System

About This Home

As of August 2024

Welcome to your dream home! This completely renovated townhome offers modern living with a touch of elegance. Featuring 2 spacious bedrooms and 2.5 bathrooms, this home is perfect for anyone seeking comfort and style. The kitchen features brand new appliances, brand new cabinets providing ample storage space. New ceramic flooring, brand new washer/dryer. Stay comfortable year-round with a brand new A/C unit, complete with a two-year maintenance plan included. Brand new lighting features and ceiling fans. The large front patio provides a perfect space for relaxation and outdoor gatherings. Community offers tennis and pickle ball court, pool, playground. This beautiful townhome is situated in a prime location in West Palm Beach, close to shopping, dining, and entertainment options. Must see!

Last Agent to Sell the Property

Mauricio Doche

Agent Plus Realty License #3359575 Listed on: 07/13/2024

Agent Plus Realty

Last Buyer's Agent

Raymond Finzel

The Keyes Company License #3088206

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,081

Year Built

  • Built in 1984

Lot Details

  • Fenced

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit

Home Design

  • Entry on the 1st floor
  • Pre-Cast Concrete Construction

Interior Spaces

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

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 74434307040000084

Community Details

Overview

  • Association fees include amenities, maintenance structure
  • Village Of Sandalwood Lak Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,081

Year Built

Built in 1984

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: From I-95, exit on Palm Beach Lakes Blvd heading west. Make a right on Village Blvd and a left on Cumberland Dr. Make a second left and another left on 55th Way. The property will be on the left side of the street.
  • Year Built: 1984
  • Carport Y N: No
  • Entry Level: 1
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Closet Cabinetry, First Floor Entry, Upper Level Primary
  • Main Level Bathrooms: 1
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Wood
  • Living Area: 1236.0
  • Stories: 2

Exterior Features

  • Exterior Features: Fence, Patio, Storm/Security Shutters
  • View: Other
  • Pool Features: Association
  • Waterfront: No
  • Construction Type: Pre-Cast Concrete
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Two or More Spaces

Utilities

  • Security: Smoke Detector(s)
  • Green Building Features: Exterior Lighting
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 450.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: Number Limit, Size Limit, Yes

Fee Information

  • Association Fee Includes: Amenities, Maintenance Structure

Lot Info

  • Parcel #: 74434307040000084

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1081.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2024
Closed on
Aug 22, 2024
Sold by
Romeo Charles
Bought by
Finzel Claire and Alfonso Alexander
Seller's Agent
Mauricio Doche
Agent Plus Realty
Buyer's Agent
Raymond Finzel
The Keyes Company
List Price
$329,000
Sold Price
$320,000
Premium/Discount to List
-$9,000
-2.74%
Views
9
Current Estimated Value
$319,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$555
Avg. Annual Appreciation
-0.15%
Original Mortgage
$15,520
Outstanding Balance
$15,368
Interest Rate
6.73%
Estimated Equity
$304,077

Purchase Details

Closed on
Oct 12, 2023
Sold by
Romeo John
Bought by
Romeo Chalres

Purchase Details

Closed on
Feb 14, 2000
Sold by
Rozelle Douglas D and Rozelle Anne M
Bought by
Romeo John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
8.11%
Mortgage Type
New Conventional
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
Finzel Claire $320,000 Alliant Title & Escrow
Finzel Claire $320,000 Alliant Title & Escrow
Romeo Chalres -- --
Romeo John $64,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Finzel Claire $15,520
Closed Finzel Claire $15,520
Open Finzel Claire $310,400
Closed Finzel Claire $310,400
Previous Owner Romeo John $54,000
Previous Owner Romeo John $51,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2024 08/16/24 Sold $320,000 -2.7% $259 / Sq Ft
07/19/2024 07/19/24 Pending -- -- --
07/13/2024 07/13/24 For Sale $329,000 -- $266 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $5,575 $250,609 -- --
2023 $1,081 $70,314 $0 $0
2022 $1,045 $68,266 $0 $0
2021 $1,033 $66,278 $0 $0
2020 $1,012 $65,363 $0 $0
2019 $1,013 $63,893 $0 $0
2018 $904 $62,702 $0 $0
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

  • Mauricio Doche

    Seller's Agent in 2024

    Mauricio Doche

    Agent Plus Realty

    (954) 304-1534

    1 in this area

    22 Total Sales

    Mauricio Doche
    Section Image

  • R

    Buyer's Agent in 2024

    Raymond Finzel

    The Keyes Company

    (954) 234-7220

    1 in this area

    2 Total Sales

    Raymond Finzel
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10450875

BeachesMLS (Greater Fort Lauderdale)

APN: 74-43-43-07-04-000-0084

Florida Palm Beach County West Palm Beach 33409 Palm Beach Lakes

5508 55th Way, West Palm Beach, FL

This home is located at 5508 55th Way, West Palm Beach, FL 33409 since 13 July 2024 and is currently estimated at $319,445, approximately $258 per square foot. This property was built in 1984. 5508 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 (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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