NOT LISTED FOR SALE

5512 55th Way West Palm Beach, FL 33409

Palm Beach Lakes Neighborhood

Estimated Value: $273,386 - $393,000

2 Beds
2.5 Baths
1,236 Sq Ft
$250/Sq Ft Est. Value

Last Sold January 27, 2012

Last sale price $68,500 $55 Per Sq Ft

Est. 351% increase in value since last sale

Current estimated payment $2,043/month

Highlights

  • Lake Front
  • Sun or Florida Room
  • Balcony
  • Clubhouse
  • Community Pool
  • Porch

About This Home

As of April 2023

Stunning water views from this private water front townhouse. Great 2bd 2.5 ba unit at Sandalwood Lakes. Lots of storage and closet space. Spacious bedrooms. Laundry in unit. Brand new laminate flooring and carpet! Freshly painted. Private courtyard/patio for enjoying the outdoors and views. Close to shopping and great connectivity to major roads.

Last Agent to Rent the Property

Glenn Gurvitch

Floridas Property Management License #3241152 Listed on: 12/17/2022

Last Renter's Agent

Andrew Grossman

Grouper Realty, Inc License #3314747

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,870

Year Built

  • Built in 1984

Lot Details

  • Lake Front
  • Fenced

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,236 Sq Ft Home
  • Sun or Florida Room
  • Lake Views

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 12/26/22
  • Assessor Parcel Number 74434307040000044

Community Details

Recreation

  • Community Pool
  • Recreational Area
  • Trails

Additional Features

  • Village Of Sandalwood Lak Subdivision
  • Clubhouse
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,870

Year Built

Built in 1984

Lot Details

0

Rental Info

  • Tenant Pays: Exterior Electric, Water
  • Available Date: 2022-12-26
  • Security Deposit: 150.0

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: CUMBERLAND DR TO 55TH WAY
  • Year Built: 1984
  • Entry Level: 1
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Laminate, Tile
  • Living Area: 1236.0
  • Dining Room Type: Florida Room, Storage Room

Exterior Features

  • Exterior Features: Balcony, Fence
  • View: Lake
  • Lot Features: < 1/4 Acre
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Patio And Porch Features: Balcony, Open, Porch

Garage/Parking

  • Garage Yn: No

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Non-Gated, Pool, Sidewalks, Recreation Area
  • Senior Community: No
  • Amenities: Clubhouse, Pool, Trail(s)

Lot Info

  • Parcel #: 74434307040000044
  • Lot Size: < 1/4 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2019
Sold by
Gilbane John
Bought by
Gilbane Real Estate Llc
Current Estimated Value
$308,847

Purchase Details

Listed on
Oct 12, 2012
Closed on
Jan 11, 2013
Sold by
Gilbane John
Bought by
Gilbane Real Estate Llc
Seller's Agent
Suzanne Smith
Brown Harris Stevens of PB
Buyer's Agent
Akin Cakir
Heartland Realty Group LLC
Sold Price
$1,050

Purchase Details

Listed on
Dec 6, 2011
Closed on
Jan 20, 2012
Sold by
Bank Of America Na
Bought by
Gilbane John
Seller's Agent
Jesse Kearney
Kearney & Associates Realty
Buyer's Agent
Suzanne Smith
Brown Harris Stevens of PB
List Price
$62,900
Sold Price
$68,500
Premium/Discount to List
$5,600
8.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.64%

Purchase Details

Closed on
Oct 28, 2011
Sold by
Pauroso Vincent and Bank Of America Na
Bought by
Us Bank Na
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gilbane Real Estate Llc -- Attorney
Gilbane Real Estate Llc -- Attorney
Gilbane John $68,500 Landsafe Title
Us Bank Na $40,100 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2023 04/01/23 Rented $2,100 +0.2% --
02/15/2023 02/15/23 Price Changed $2,095 -2.6% $2 / Sq Ft
02/02/2023 02/02/23 Price Changed $2,150 -2.3% $2 / Sq Ft
01/19/2023 01/19/23 For Rent $2,200 0.0% --
01/17/2023 01/17/23 Under Contract -- -- --
12/17/2022 12/17/22 For Rent $2,200 +51.7% --
08/15/2018 08/15/18 Rented $1,450 -6.5% --
07/16/2018 07/16/18 Under Contract -- -- --
07/09/2018 07/09/18 For Rent $1,550 +47.6% --
03/09/2013 03/09/13 Rented $1,050 -4.5% --
02/07/2013 02/07/13 Under Contract -- -- --
10/12/2012 10/12/12 For Rent $1,100 0.0% --
03/27/2012 03/27/12 Rented $1,100 0.0% --
02/26/2012 02/26/12 Under Contract -- -- --
02/24/2012 02/24/12 For Rent $1,100 0.0% --
01/27/2012 01/27/12 Sold $68,500 +8.9% $55 / Sq Ft
12/28/2011 12/28/11 Pending -- -- --
12/06/2011 12/06/11 For Sale $62,900 -- $51 / 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 $4,870 $196,313 -- --
2023 $4,512 $178,466 $0 $0
2022 $3,974 $162,242 $0 $0
2021 $3,585 $147,493 $0 $147,493
2020 $3,332 $135,493 $0 $135,493
2019 $3,275 $131,493 $0 $131,493
2018 $2,950 $127,405 $0 $127,405
2017 $2,678 $112,405 $0 $0
2016 $2,492 $100,546 $0 $0
2015 $2,317 $91,405 $0 $0
2014 $2,129 $82,405 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Glenn Gurvitch

    Landlord's Agent in 2023

    Glenn Gurvitch

    Floridas Property Management

    (561) 418-7119

    1 in this area

    41 Total Sales

    Glenn Gurvitch
    Section Image

  • A

    Tenant's Agent in 2023

    Andrew Grossman

    Grouper Realty, Inc

    (561) 699-0144

    1 in this area

    48 Total Sales

    Andrew Grossman
    Section Image

  • M

    Seller's Agent in 2018

    Marjo Maier

    Palm Beach Team Florida Real Estate

    (561) 317-1364

    36 Total Sales

    Marjo Maier
    Section Image

  • A

    Buyer's Agent in 2018

    Alain Pierre

    Choice Realty of SF LLC

  • S

    Seller's Agent in 2013

    Suzanne Smith

    Brown Harris Stevens of PB

    (561) 307-2092

    21 Total Sales

    Suzanne Smith
    Section Image

  • A

    Buyer's Agent in 2013

    Akin Cakir

    Heartland Realty Group LLC

    (561) 827-3141

    54 Total Sales

    Akin Cakir
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10852802

BeachesMLS

APN: 74-43-43-07-04-000-0044

Florida Palm Beach County West Palm Beach 33409 Palm Beach Lakes

5512 55th Way, West Palm Beach, FL

This home is located at 5512 55th Way, West Palm Beach, FL 33409 since 17 December 2022 and is currently priced at $308,847. This property was built in 1984. 5512 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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