NOT LISTED FOR SALE

5508 Cannon Way Unit C West Palm Beach, FL 33415

Cannongate Neighborhood

Estimated Value: $271,353 - $352,000

2 Beds
2.5 Baths
1,162 Sq Ft
$263/Sq Ft Est. Value

Last Sold February 04, 2014

Last sale price $75,000 $65 Per Sq Ft

Est. 308% increase in value since last sale

Current estimated payment $2,060/month

19 Days on Market

Highlights

  • Clubhouse
  • Walk-In Closet
  • Central Heating and Cooling System
  • Wood Flooring
  • Patio
  • Fenced

About This Home

As of February 2014

Lovely townhome with 2 beds and 2.5 baths. Home features stack bedrooms, walk-in closet, pantry with neutral colors all throughout. Open patio, fenced yard and a wide driveway to park. Located near schools, shopping, dining and main roads

Last Agent to Sell the Property

Corey Edwards

Keller Williams Realty Profess License #3224387 Listed on: 12/16/2013

Last Buyer's Agent

Jorge Perez

LAER Realty Partners Bowen/Wellington License #661861

LAER Realty Partners Bowen/Wellington

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $745

Year Built

  • Built in 1985

Lot Details

  • 1,176

HOA Fees

  • $92 Monthly HOA Fees

Home Design

  • Frame Construction

Interior Spaces

  • 1,162 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Stacked Bedrooms
  • Walk-In Closet

Additional Features

  • Patio
  • Fenced
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 00424402270130030

Community Details

Overview

  • Society Hill Cannongate # Subdivision

Amenities

  • Clubhouse

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$745

Year Built

Built in 1985

Lot Details

0

HOA Fees

$92 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: Head west on Cannon Way toward Hill Dr. Take the 3rd left to stay on Cannon Way.
  • Year Built: 1985
  • Special Features: RealEstateOwned

Interior Features

  • Interior Amenities: Pantry, Stacked Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Wood
  • Living Area: 1162.0
  • Stories: 2

Exterior Features

  • Exterior Features: Fence, Patio
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

  • Association Fee: 92.0
  • Community Features: Clubhouse
  • Senior Community: No
  • Amenities: Clubhouse
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 00424402270130030
  • Zoning Description: RES

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 745.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2021
Sold by
Rodriguez Pena Henry
Bought by
Management Business Group Llc
Current Estimated Value
$306,088

Purchase Details

Closed on
Oct 7, 2021
Sold by
Management Business Group Llc
Bought by
Pena Henry Rodriguez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2016
Sold by
Rodriguz Pena Henry
Bought by
Management Business Group Llc

Purchase Details

Listed on
Dec 16, 2013
Closed on
Feb 4, 2014
Sold by
Federal National Mortgage Association
Bought by
Rodriguez Pena Henry
Seller's Agent
Corey Edwards
Keller Williams Realty Profess
Buyer's Agent
Jorge Perez
LAER Realty Partners Bowen/Wellington
List Price
$72,500
Sold Price
$75,000
Premium/Discount to List
$2,500
3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.64%

Purchase Details

Closed on
Oct 30, 2013
Sold by
Russell Jeffrey W
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 11, 2011
Sold by
Russell Jeffrey W and Russell Melanie A
Bought by
Pvp Unit Acquisitionco Llc

Purchase Details

Closed on
Dec 28, 2006
Sold by
Clark Elisabeth R and Clark James
Bought by
Russell Jeffrey W and Russell Melanie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,900
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2003
Sold by
Cover Barbara A
Bought by
Edwards Elisabeth R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,100
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 2, 2002
Sold by
Carris John E
Bought by
Cover Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
6.01%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 24, 1993
Sold by
Cover Cover J and Cover Barbara A
Bought by
Cover Barbara A and Carris Anne E
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
Management Business Group Llc -- Busutil Law
Pena Henry Rodriguez -- None Available
Management Business Group Llc -- None Available
Rodriguez Pena Henry $75,000 Attorney
Federal National Mortgage Association -- None Available
Pvp Unit Acquisitionco Llc $7,100 None Available
Russell Jeffrey W $164,900 None Available
Edwards Elisabeth R $100,000 --
Cover Barbara A -- Homepartners Title Inc
Cover Barbara A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pena Henry Rodriguez $176,000
Previous Owner Russell Jeffrey W $164,900
Previous Owner Edwards Elisabeth R $93,100
Previous Owner Cover Barbara A $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2014 02/04/14 Sold $75,000 +3.4% $65 / Sq Ft
01/05/2014 01/05/14 Pending -- -- --
12/16/2013 12/16/13 For Sale $72,500 -- $62 / 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 $4,137 $235,000 -- --
2023 $4,059 $224,983 $0 $0
2022 $3,742 $204,530 $0 $0
2021 $2,885 $156,000 $0 $156,000
2020 $2,605 $133,000 $0 $133,000
2019 $2,438 $123,000 $0 $123,000
2018 $2,152 $110,000 $0 $110,000
2017 $2,021 $102,000 $0 $0
2016 $1,699 $79,200 $0 $0
2015 $1,571 $72,000 $0 $0
2014 $1,173 $50,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2014

    Corey Edwards

    Keller Williams Realty Profess

  • Jorge Perez

    Buyer's Agent in 2014

    Jorge Perez

    LAER Realty Partners Bowen/Wellington

    (561) 429-2070

    28 Total Sales

    Jorge Perez
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Map

Source: BeachesMLS

MLS Number: R10001182

BeachesMLS

APN: 00-42-44-02-27-013-0030

Florida Palm Beach County West Palm Beach 33415 Cannongate

5508 Cannon Way Unit C, West Palm Beach, FL

This home is located at 5508 Cannon Way Unit C, West Palm Beach, FL 33415 since 16 December 2013 and is currently estimated at $306,088, approximately $263 per square foot. This property was built in 1985. 5508 Cannon Way Unit C 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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