NOT LISTED FOR SALE

5516 Cannon Way Unit B West Palm Beach, FL 33415

Cannongate Neighborhood

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

2 Beds
2.5 Baths
1,162 Sq Ft
$268/Sq Ft Est. Value

Last Sold July 14, 2022

Last sale price $300,000 $258 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,136/month

4 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Washer and Dryer
  • Wood Siding
  • Central Heating and Cooling System

About This Home

As of July 2022

NEW ROOF, FULLY REMODELED TOWNHOME WITH DOUBLE MASTER BEDROOMS ON SECOND FLOOR!!!! A/C inside unit 2022, move in Ready. Tile and Laminate floors, New Bathrooms and large backyard ready for get togethers and dogs, fenced patio. Your updated kitchen includes stainless steel appliances, Laundry on second floor. Outside siding replaced in some areas, Low HOA very centrally located near main shopping plazas and schools.

Last Agent to Sell the Property

Angelica Berrio

KW Reserve License #3267259 Listed on: 06/09/2022

KW Reserve

Co-Listed By

Alex Rios

Treasure Property Group LLC License #3427197

Last Buyer's Agent

Yuray Sanchez

4ever Homes Realty LLC License #3303044

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,886

Year Built

  • Built in 1985

Lot Details

  • 1,176

HOA Fees

  • $80 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,162 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan

Schools

  • John I. Leonard High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 00424402270140020

Community Details

Overview

  • Association fees include common areas
  • 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

$80 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Condominium,Townhouse
  • Directions: haverhill and forrest hill go north
  • Year Built: 1985
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Split Bedrooms
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Laminate
  • Living Area: 1162.0
  • Dining Room Type: Storage Room
  • Stories: 2

Exterior Features

  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Wood Siding
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

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

Condo/Co-op/Association

  • Association Fee: 80.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas

Schools

  • High School: John I. Leonard

Lot Info

  • Parcel #: 00424402270140020
  • Zoning Description: RM - Mul

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2886.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2022
Closed on
Jul 14, 2022
Sold by
Freedom 513 Llc
Bought by
Gutierrez Roberto Elias
Seller's Agent
Angelica Berrio
KW Reserve
Buyer's Agent
Yuray Sanchez
4ever Homes Realty LLC
List Price
$299,500
Sold Price
$300,000
Premium/Discount to List
$500
0.17%
Total Days on Market
4
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.
Estimated Appreciation
$11,274
Avg. Annual Appreciation
1.27%
Original Mortgage
$285,729
Outstanding Balance
$274,081
Interest Rate
5.23%
Mortgage Type
FHA
Estimated Equity
$37,193

Purchase Details

Listed on
Jul 3, 2017
Closed on
Oct 24, 2017
Sold by
Cisneros Realty Investment Llc
Bought by
Delice Sylvana
Seller's Agent
Diego Cisneros
United Realty Group Inc.
Buyer's Agent
Angelica Berrio
KW Reserve
List Price
$164,990
Sold Price
$153,500
Premium/Discount to List
-$11,490
-6.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.25%
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
07/14/2022 07/14/22 Sold $300,000 +0.2% $258 / Sq Ft
06/14/2022 06/14/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $299,500 +95.1% $258 / Sq Ft
10/24/2017 10/24/17 Sold $153,500 -7.0% $126 / Sq Ft
09/24/2017 09/24/17 Pending -- -- --
07/03/2017 07/03/17 For Sale $164,990 -- $136 / 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
  • Alex Rios

    Seller Co-Listing Agent in 2022

    Alex Rios

    Treasure Property Group LLC

    (561) 201-6055

    1 in this area

    56 Total Sales

    Alex Rios
    Section Image

  • Y

    Buyer's Agent in 2022

    Yuray Sanchez

    4ever Homes Realty LLC

    (561) 541-9348

    6 in this area

    136 Total Sales

    Yuray Sanchez
    Section Image
  • Diego Cisneros

    Seller's Agent in 2017

    Diego Cisneros

    United Realty Group Inc.

    (561) 355-0270

    4 in this area

    92 Total Sales

    Diego Cisneros
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10807262

BeachesMLS

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

Florida Palm Beach County West Palm Beach 33415 Cannongate

5516 Cannon Way Unit B, West Palm Beach, FL

This home is located at 5516 Cannon Way Unit B, West Palm Beach, FL 33415 since 09 June 2022 and is currently estimated at $311,274, approximately $267 per square foot. This property was built in 1985. 5516 Cannon 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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