NOT LISTED FOR SALE

5516 Cannon B Way Unit B West Palm Beach, FL 33415

Cannongate Neighborhood

Estimated Value: $281,097 - $331,000

2 Beds
2.5 Baths
1,152 Sq Ft
$270/Sq Ft Est. Value

Last Sold April 05, 2022

Last sale price $185,000 $161 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,141/month

5 Days on Market

Highlights

  • Attic
  • Central Heating and Cooling System
  • Fenced
  • Tile Flooring

About This Home

As of April 2022

INVESTOR SPECIAL CASH ONLY!!!!!! MUST CLOSE IN 3 WEEKS

Last Agent to Sell the Property

Angelica Berrio

KW Reserve License #3267259 Listed on: 02/28/2022

KW Reserve

Last Buyer's Agent

Angelica Berrio

KW Reserve License #3267259 Listed on: 02/28/2022

KW Reserve

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,886

Year Built

  • Built in 1985

Lot Details

  • Fenced

HOA Fees

  • $85 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,152 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Washer
  • Attic

Kitchen

  • Electric Range
  • Ice Maker
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00424402270140020

Community Details

Overview

  • Association fees include common areas, parking
  • Society Hill Cannongate Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,886

Year Built

Built in 1985

Lot Details

0

HOA Fees

$85 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: HAVERHILL AND FOREST HILL
  • Year Built: 1985
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Attic
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Laminate, Tile
  • Living Area: 1152.0
  • Dining Room Type: Attic, Storage Room
  • Stories: 2
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Fence
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

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

Condo/Co-op/Association

  • Association Fee: 85.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Parking

Lot Info

  • Parcel #: 00424402270140020
  • Lot Size: < 1/4 Acre
  • Zoning Description: RM

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2886.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2022
Sold by
Freedom 513 Llc
Bought by
Gutierrez Roberto Elias
Total Days on Market
5
Current Estimated Value
$311,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,729
Outstanding Balance
$274,081
Interest Rate
5.23%
Mortgage Type
FHA
Estimated Equity
$31,350

Purchase Details

Closed on
Oct 24, 2017
Sold by
Cisneros Realty Investment Llc
Bought by
Delice Sylvana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,246
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 9, 2017
Sold by
Arroquy Sergio Fabian and Arroquy Marina Paua
Bought by
Realty Investemts Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
4.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 4, 2013
Sold by
Rivero Mercedes
Bought by
Arroquy Sergio Fabian

Purchase Details

Closed on
May 20, 2009
Sold by
Hsbc Bank Usa Na
Bought by
Rivero Mercedes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,112
Interest Rate
4.88%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 15, 2008
Sold by
Spalding Carla and Socieity Hills Homeowners Assn
Bought by
Hsbc Bank Usa Na

Purchase Details

Closed on
Aug 25, 2004
Sold by
Wilson Carla
Bought by
Spalding Carla

Purchase Details

Closed on
Apr 18, 1997
Sold by
K Hovnanian Mortgage Usa Inc
Bought by
Wilson Carla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,249
Interest Rate
7.86%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 6, 1994
Sold by
Clerk Circuit Court
Bought by
K Hovnanian Mtg U S A Inc

Purchase Details

Closed on
Jun 23, 1994
Sold by
Clerk Circuit Court
Bought by
K Hovnanian Mtg U S A Inc
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
Gutierrez Roberto Elias $300,000 New Title Company Name
Delice Sylvana $153,500 Florida Land Title Ins Llc
Realty Investemts Llc $110,000 Attorney
Arroquy Sergio Fabian $55,000 Harbor Land Title Llc
Rivero Mercedes $49,000 Attorney
Hsbc Bank Usa Na -- None Available
Spalding Carla $80,000 Premier Title Services
Wilson Carla $41,000 --
K Hovnanian Mtg U S A Inc -- --
K Hovnanian Mtg U S A Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutierrez Roberto Elias $11,163
Open Gutierrez Roberto Elias $285,729
Previous Owner Delice Sylvana $157,100
Previous Owner Delice Sylvana $149,246
Previous Owner Realty Investemts Llc $62,000
Previous Owner Rivero Mercedes $48,112
Previous Owner Spalding Carla $105,600
Previous Owner Wilson Carla $41,249
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2022 04/05/22 Sold $185,000 -7.5% $161 / Sq Ft
03/06/2022 03/06/22 Pending -- -- --
02/28/2022 02/28/22 For Sale $200,000 -- $174 / 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 $3,807 $255,000 -- --
2023 $3,828 $255,000 $0 $255,000
2022 $3,292 $160,930 $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 $1,641 $102,000 $0 $0
2016 $1,495 $60,500 $0 $0
2015 $1,382 $55,000 $0 $0
2014 -- $50,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Angelica Berrio

    Seller's Agent in 2022

    Angelica Berrio

    KW Reserve

    (561) 403-6207

    2 in this area

    85 Total Sales

    Angelica Berrio
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10780014

BeachesMLS

APN: 00-42-44-02-27-014-0020

Florida Palm Beach County West Palm Beach 33415 Cannongate

5516 Cannon B Way Unit B, West Palm Beach, FL

This home is located at 5516 Cannon B Way Unit B, West Palm Beach, FL 33415 since 28 February 2022 and is currently estimated at $311,274, approximately $270 per square foot. This property was built in 1985. 5516 Cannon B 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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