NOT LISTED FOR SALE

5514 55th Way West Palm Beach, FL 33409

Palm Beach Lakes Neighborhood

Estimated Value: $288,048 - $307,000

2 Beds
2.5 Baths
1,236 Sq Ft
$241/Sq Ft Est. Value

Last Sold November 08, 2016

Last sale price $142,000 $115 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $2,131/month

22 Days on Market

Highlights

  • Community Pool
  • Formal Dining Room
  • Open Patio
  • Tennis Courts
  • Balcony
  • Ceramic Tile Flooring

About This Home

As of November 2016

Updated unit tucked away in a quiet section of Sandlewood. New rugs and paint to go with modern kitchen, bathrooms, and fixtures. Priced to move quickly.

Last Agent to Sell the Property

George Ryan

Blue Water Real Estate Group License #3301676 Listed on: 09/16/2016

Co-Listed By

Michael Jones

Blue Water Real Estate Group License #3284861

Last Buyer's Agent

Laurent Minguez

RE/MAX Ocean Properties License #3344891

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,063

Year Built

  • Built in 1984

Lot Details

  • 1,345 Sq Ft Lot
  • Fenced

HOA Fees

  • $340 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit

Home Design

  • Aluminum Roof

Interior Spaces

  • 1,236 Sq Ft Home
  • 2-Story Property
  • Custom Mirrors
  • Ceiling Fan
  • Sliding Windows
  • Formal Dining Room

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 74434307040000052

Community Details

Overview

  • Association fees include common areas, cable TV, ground maintenance, maintenance structure, roof, trash
  • Village Of Sandalwood Lak Subdivision

Recreation

  • Tennis Courts
  • Community Pool
  • Trails

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,063

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 I-95 exit either PB Lakes or 45th. Go west to Village Blvd, take Village to Cumberland. West on Cumberland, make second left, then quick left, go to end. Unit is on left, park in front of unit.
  • Year Built: 1984
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Dining Area, Separate/Formal Dining Room, Custom Mirrors
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1236.0
  • Stories: 2
  • Window Features: Sliding

Exterior Features

  • Exterior Features: Balcony, Fence, Patio
  • Lot Features: < 1/4 Acre
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: Resale
  • Roof: Aluminum

Garage/Parking

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

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • 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: 340.0
  • Community Features: Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Pool, Tennis Court(s), Trail(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Maintenance Grounds, Maintenance Structure, Roof, Trash

Lot Info

  • Parcel #: 74434307040000052
  • Lot Size Sq Ft: 1345.0
  • Zoning Description: RPD(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2063.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2016
Closed on
Nov 8, 2016
Sold by
Ryan Lindsey
Bought by
Lyons Gregory
Seller's Agent
George Ryan
Blue Water Real Estate Group
Buyer's Agent
Laurent Minguez
RE/MAX Ocean Properties
List Price
$139,900
Sold Price
$142,000
Premium/Discount to List
$2,100
1.5%
Total Days on Market
22
Current Estimated Value
$297,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,512
Avg. Annual Appreciation
9.31%
Original Mortgage
$146,686
Interest Rate
3.42%
Mortgage Type
VA
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
Lyons Gregory $142,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lyons Gregory $184,339
Closed Lyons Gregory $146,802
Closed Lyons Gregory $146,679
Closed Lyons Gregory $146,686
Previous Owner Ryan Sean D $15,000
Previous Owner Petteruti Richard A $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2016 11/08/16 Sold $142,000 +1.5% $115 / Sq Ft
10/09/2016 10/09/16 Pending -- -- --
09/16/2016 09/16/16 For Sale $139,900 -- $113 / 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 $2,540 $144,515 -- --
2023 $2,456 $140,306 $0 $0
2022 $2,379 $136,219 $0 $0
2021 $2,338 $132,251 $0 $0
2020 $2,297 $130,425 $0 $0
2019 $2,257 $127,493 $0 $127,493
2018 $2,928 $122,405 $0 $122,405
2017 $2,684 $111,405 $0 $0
2016 $2,217 $83,062 $0 $0
2015 $2,063 $75,511 $0 $0
2014 $1,906 $68,646 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • George Ryan

    Seller's Agent in 2016

    George Ryan

    Blue Water Real Estate Group

    (561) 296-5315

    46 Total Sales

    George Ryan
    Section Image
  • Michael Jones

    Seller Co-Listing Agent in 2016

    Michael Jones

    Blue Water Real Estate Group

    (561) 541-7171

    55 Total Sales

    Michael Jones
    Section Image

  • L

    Buyer's Agent in 2016

    Laurent Minguez

    RE/MAX

See All Agents

Map

Source: BeachesMLS

MLS Number: R10267956

BeachesMLS

APN: 74-43-43-07-04-000-0052

Florida Palm Beach County West Palm Beach 33409 Palm Beach Lakes

5514 55th Way, West Palm Beach, FL

This home is located at 5514 55th Way, West Palm Beach, FL 33409 since 16 September 2016 and is currently estimated at $297,512, approximately $240 per square foot. This property was built in 1984. 5514 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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