NOT LISTED FOR SALE

5511 55th Way West Palm Beach, FL 33409

Palm Beach Lakes Neighborhood

Estimated Value: $273,663 - $348,000

2 Beds
2.5 Baths
1,236 Sq Ft
$244/Sq Ft Est. Value

Last Sold November 19, 2019

Last sale price $169,000 $137 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,404/month

174 Days on Market

Highlights

  • Water Views
  • Community Pool
  • Patio
  • Clubhouse
  • Tennis Courts
  • Laundry Room

About This Home

As of November 2019

Don't miss out on this opportunity to purchase a completely renovated 2/2.1 townhouse with an oversized private patio and washer/dryer inside the unit for under $200k! Lender credits and rate buydown are available, ask for more information. Turnkey, ready to move in, you only need to bring your toothbrush! This open and airy floor plan offers an open kitchen with breakfast bar, track lighting, new stainless-steel appliance's and new cabinetry. Perfect for FHA first time home buyers or homeowners with dogs! Both bedrooms are oversized with 2 private balconies. Ceiling fans with lights in each room. Tile flooring on lower level and plush carpet in the bedrooms. Accordion shutters and 2 assigned parking spots and guest parking. This unit is steps away from a large canal that offers

Last Agent to Sell the Property

Dwayne St Hill

Inactive Member License #3258086 Listed on: 04/28/2019

Last Buyer's Agent

Mark Bournes

LPT Realty, LLC License #3283152

LPT Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,928

Year Built

  • Built in 1984

Lot Details

  • 1,345 Sq Ft Lot
  • Fenced

HOA Fees

  • $340 Monthly HOA Fees

Parking

  • Assigned Parking

Interior Spaces

  • 1,236 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room
  • Open Floorplan
  • Water Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 74434307040000041

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, ground maintenance, pool(s), trash, water
  • Village Of Sandalwood Lak Subdivision

Amenities

  • Clubhouse
  • Business Center

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Pool
  • Trails

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,928

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: From Village boulevard go west on Cumberland then make a left onto 55th Way. Follow signs to unit.
  • Year Built: 1984
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Kitchen/Dining Combo, Living/Dining Room
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1236.0
  • Dining Room Type: Family Room, Laundry, Storage Room
  • Stories: 2

Exterior Features

  • Exterior Features: Fence, Patio
  • View: Other, Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association Fee: 340.0
  • Community Features: Clubhouse, Pool, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Business Center, Clubhouse, Pool, Tennis Court(s), Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Grounds, Pool(s), Trash, Water

Lot Info

  • Parcel #: 74434307040000041
  • Lot Size Sq Ft: 1345.0
  • Zoning Description: RPD
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2928.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2019
Closed on
Nov 19, 2019
Sold by
Rockfish Community Partners Lp
Bought by
Dharamdass Kristy
Seller's Agent
Dwayne St Hill
Inactive Member
Buyer's Agent
Mark Bournes
LPT Realty, LLC
List Price
$179,900
Sold Price
$169,000
Premium/Discount to List
-$10,900
-6.06%
Current Estimated Value
$302,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,166
Avg. Annual Appreciation
10.39%
Original Mortgage
$160,550
Outstanding Balance
$142,261
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$159,117

Purchase Details

Closed on
May 22, 2015
Sold by
Key Line Community Partners Lp
Bought by
Rockfish Community Partners Lp

Purchase Details

Listed on
Apr 16, 2014
Closed on
May 16, 2014
Sold by
Krasker Gerald and Krasker Jane
Bought by
Key Lime Community Partners Lp
Seller's Agent
Michael Berry
Village Realty Group LLC
Buyer's Agent
Dwayne St Hill
Inactive Member
List Price
$85,900
Sold Price
$88,000
Premium/Discount to List
$2,100
2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.43%

Purchase Details

Closed on
Nov 20, 1997
Sold by
Joseph Anthony D
Bought by
Krasker Gerald and Krasker Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.27%
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
Dharamdass Kristy $169,000 Attorney
Rockfish Community Partners Lp -- None Available
Key Lime Community Partners Lp $88,000 Trident Title Llc
Krasker Gerald $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dharamdass Kristy $160,550
Previous Owner Krasker Gerald $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2019 11/19/19 Sold $169,000 -6.1% $137 / Sq Ft
10/20/2019 10/20/19 Pending -- -- --
04/28/2019 04/28/19 For Sale $179,900 0.0% $146 / Sq Ft
10/01/2014 10/01/14 Rented $1,300 0.0% --
09/01/2014 09/01/14 Under Contract -- -- --
07/25/2014 07/25/14 For Rent $1,300 0.0% --
05/16/2014 05/16/14 Sold $88,000 +2.4% $71 / Sq Ft
04/16/2014 04/16/14 For Sale $85,900 -- $69 / 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 $5,540 $248,170 -- --
2023 $5,082 $225,609 $0 $225,609
2022 $2,380 $136,290 $0 $0
2021 $2,339 $132,320 $0 $0
2020 $2,299 $130,493 $0 $130,493
2019 $3,187 $127,493 $0 $127,493
2018 $2,928 $122,405 $0 $122,405
2017 $2,684 $111,405 $0 $0
2016 $2,498 $101,405 $0 $0
2015 $2,294 $90,405 $0 $0
2014 $1,906 $68,646 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Dwayne St Hill

    Inactive Member

  • Mark Bournes

    Buyer's Agent in 2019

    Mark Bournes

    LPT Realty, LLC

    (561) 352-0255

    1 in this area

    62 Total Sales

    Mark Bournes
    Section Image

  • M

    Seller's Agent in 2014

    Michael Berry

    Village Realty Group LLC

    (561) 329-1769

    1 in this area

    11 Total Sales

    Michael Berry
    Section Image
  • Shevonne Rumph

    Seller's Agent in 2014

    Shevonne Rumph

    HomeSmart

    (404) 218-9089

    62 Total Sales

    Shevonne Rumph
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10525613

BeachesMLS

APN: 74-43-43-07-04-000-0041

Florida Palm Beach County West Palm Beach 33409 Palm Beach Lakes

5511 55th Way, West Palm Beach, FL

This home is located at 5511 55th Way, West Palm Beach, FL 33409 since 28 April 2019 and is currently estimated at $302,166, approximately $244 per square foot. This property was built in 1984. 5511 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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