NOT LISTED FOR SALE

5508 Cannon Way Unit B West Palm Beach, FL 33415

Cannongate Neighborhood

Estimated Value: $281,963 - $342,000

2 Beds
2.5 Baths
1,162 Sq Ft
$275/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $225,000 $194 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,121/month

27 Days on Market

Highlights

  • Wood Flooring
  • Walk-In Closet
  • Guest Parking
  • Attic
  • Home Security System
  • Awning

About This Home

As of August 2021

Beautiful Townhome Completely Renovated Located in the hart of Palm Beach close to turnpike, I95 as well as shopping centers. This Lovely 2/2.5 two story Home It boasts two spacious master bedrooms upstairs (new floor just installed) Updated kitchen and and newer stainless steel appliances. Fenced Backyard. AC 2019 . Tankless Water Heater 2019. Camera security system. Easy to show, This Amazing Home is a must see, This property will not last!

Last Agent to Sell the Property

America Gomez

Realty Advisors International License #3386899 Listed on: 07/23/2021

Last Buyer's Agent

Shakearah Rolle

Realty ONE Group Innovation License #3264749

Realty ONE Group Innovation

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,780

Year Built

  • Built in 1985

Lot Details

  • Fenced

HOA Fees

  • $80 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,162 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Awning
  • Sliding Windows
  • Combination Kitchen and Dining Room
  • Home Security System
  • Washer and Dryer
  • Attic

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Parking

  • Over 1 Space Per Unit
  • Guest Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00424402270130020

Community Details

Overview

  • Society Hill Cannongate P Subdivision

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,780

Year Built

Built in 1985

Lot Details

0

HOA Fees

$80 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: I95 to Southern Exit West. Southern to Haverhill Rd South.Right onto Grant Ln.Grand Ln to Cannon Way.
  • Year Built: 1985
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Kitchen/Dining Combo, Walk-In Closet(s), Attic
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Laminate, Wood
  • Living Area: 1162.0
  • Dining Room Type: Attic
  • Stories: 2
  • Window Features: Sliding

Exterior Features

  • Exterior Features: Awning(s), Fence
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

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

Utilities

  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • 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: 80.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 00424402270130020
  • Zoning Description: RM

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1780.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2021
Closed on
Aug 20, 2021
Sold by
Ortiz Ailensy and Ramos Carlos
Bought by
Rarzroodipour Farideh
Seller's Agent
America Gomez
Realty Advisors International
Buyer's Agent
Shakearah Rolle
Realty ONE Group Innovation
List Price
$244,900
Sold Price
$225,000
Premium/Discount to List
-$19,900
-8.13%
Total Days on Market
27
Current Estimated Value
$319,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,491
Avg. Annual Appreciation
9.61%

Purchase Details

Listed on
Feb 4, 2018
Closed on
Apr 17, 2018
Sold by
Byers Brett K and Byers Rochelle E
Bought by
Ortiz Ailensy
Seller's Agent
Marquise Queen
United Realty Group, Inc
Buyer's Agent
America Gomez
Realty Advisors International
List Price
$169,999
Sold Price
$157,300
Premium/Discount to List
-$12,699
-7.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.28%
Original Mortgage
$154,450
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 29, 2004
Sold by
Ramirez Ramon and Ramirez Fany
Bought by
Byers Brett K and Byers Rochelle G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,250
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2002
Sold by
Meyers Lea M
Bought by
Murphy Caridad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.75%
Source: Public Records

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Range of Values:

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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
Rarzroodipour Farideh $225,000 Florida Title Advisors Inc
Ortiz Ailensy $157,300 Exceptional Title Insurance
Byers Brett K $115,000 Sunbelt Title Agency
Murphy Caridad $80,000 Landmark Title Of Florida In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ortiz Ailensy $154,450
Previous Owner Byers Rochelle E $97,850
Previous Owner Byers Brett K $109,250
Previous Owner Murphy Caridad $64,000
Closed Murphy Caridad $19,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $225,000 -8.1% $194 / Sq Ft
07/23/2021 07/23/21 For Sale $244,900 +55.7% $211 / Sq Ft
04/17/2018 04/17/18 Sold $157,300 -7.5% $135 / Sq Ft
03/18/2018 03/18/18 Pending -- -- --
02/04/2018 02/04/18 For Sale $169,999 -- $146 / 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 $4,140 $235,146 -- --
2023 $4,062 $225,144 $0 $0
2022 $3,745 $204,676 $0 $0
2021 $1,799 $127,713 $0 $0
2020 $1,780 $125,950 $0 $0
2019 $1,753 $123,118 $0 $123,118
2018 $2,077 $110,097 $0 $110,097
2017 $1,932 $102,097 $0 $0
2016 $1,764 $85,097 $0 $0
2015 $330 $30,276 $0 $0
2014 $328 $30,036 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    America Gomez

    Realty Advisors International

    (561) 799-4015

    1 in this area

    7 Total Sales

    America Gomez
    Section Image
  • Shakearah Rolle

    Buyer's Agent in 2021

    Shakearah Rolle

    Realty ONE Group Innovation

    (561) 312-2641

    3 in this area

    35 Total Sales

    Shakearah Rolle
    Section Image

  • M

    Seller's Agent in 2018

    Marquise Queen

    United Realty Group, Inc

    (561) 729-6414

    37 Total Sales

    Marquise Queen
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10733309

BeachesMLS

APN: 00-42-44-02-27-013-0020

Florida Palm Beach County West Palm Beach 33415 Cannongate

5508 Cannon Way Unit B, West Palm Beach, FL

This home is located at 5508 Cannon Way Unit B, West Palm Beach, FL 33415 since 23 July 2021 and is currently estimated at $319,491, approximately $274 per square foot. This property was built in 1985. 5508 Cannon Way Unit B is a home located in Palm Beach County with nearby schools including John I. Leonard High School, Melaleuca Elementary School, and Okeeheelee Middle 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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