NOT LISTED FOR SALE

5516 Cannon Way Unit E West Palm Beach, FL 33415

Cannongate Neighborhood

Estimated Value: $288,627 - $320,000

2 Beds
2.5 Baths
1,162 Sq Ft
$261/Sq Ft Est. Value

Last Sold December 02, 2021

Last sale price $242,000 $208 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,029/month

23 Days on Market

Highlights

  • Attic
  • Separate Shower in Primary Bathroom
  • Laundry Room
  • Porch
  • Open Patio
  • Tile Flooring

About This Home

As of December 2021

Gorgeous 2 bedroom, 2.5 bathroom townhouse located in the desired community of Society Hill in West Palm Beach. The property has been completely remodeled featuring wood kitchen cabinets, granite countertops, glass tile backsplash, stainless steel appliances, brand NEW ROOF, newer AC and water heater, tile floors, large fenced back porch, upgraded bathrooms, washer and dryer, and much more. This is a quiet, family oriented community with very LOW HOA, located only minutes from I-95, Palm Beach International Airport, downtown West Palm Beach, and the beach.

Last Agent to Sell the Property

Maday Diaz

Partnership Realty Inc. License #3146628 Listed on: 10/09/2021

Partnership Realty Inc.

Co-Listed By

Mirelki Gonzalez

EXP Realty LLC License #3410236

Last Buyer's Agent

Dayami Salgado

Goldbay Realty Inc License #3358669

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,780

Year Built

  • Built in 1985

Lot Details

  • 1,164 Sq Ft Lot
  • Fenced

HOA Fees

  • $78 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,162 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Attic

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Association fees include common areas
  • Society Hill Cannongate Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00424402270140050

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,780

Year Built

Built in 1985

Lot Details

0

HOA Fees

$78 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: Summit Blvd to Haverhill Rd, make a right, half a mile left, Cannon Way entrance
  • Year Built: 1985
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

  • Exterior Features: Fence, Porch
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Frame, Wood Siding
  • Patio And Porch Features: Open, Porch
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 78.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas

Lot Info

  • Parcel #: 00424402270140050
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 1164.0
  • Zoning Description: RM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1780.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2021
Closed on
Dec 2, 2021
Sold by
Escarret Jasan Jimenez and Meneses Yaima Machado
Bought by
Lopez Pedro Luis Jimenez
Seller's Agent
Maday Diaz
Partnership Realty Inc.
Buyer's Agent
Dayami Salgado
Goldbay Realty Inc
List Price
$235,000
Sold Price
$242,000
Premium/Discount to List
$7,000
2.98%
Current Estimated Value
$302,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,907
Avg. Annual Appreciation
6.05%
Original Mortgage
$228,937
Outstanding Balance
$210,646
Interest Rate
3.14%
Mortgage Type
FHA
Estimated Equity
$92,261

Purchase Details

Listed on
Mar 25, 2018
Closed on
Jul 10, 2018
Sold by
Miller Debra A
Bought by
Escarret Jasan Jimenez and Meneses Yaima Machado
Seller's Agent
Douglas Rill
Century 21 America's Choice/WPB
Buyer's Agent
Victor Lopez
4ever Homes Realty LLC
List Price
$151,000
Sold Price
$147,000
Premium/Discount to List
-$4,000
-2.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.69%
Original Mortgage
$144,337
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 28, 1997
Sold by
Miller John L
Bought by
Miller Debra A
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
Lopez Pedro Luis Jimenez $242,000 Attorney
Lopez Pedro Luis Jimenez $242,000 None Listed On Document
Escarret Jasan Jimenez $147,000 First International Title
Miller Debra A $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Pedro Luis Jimenez $228,937
Closed Lopez Pedro Luis Jimenez $228,937
Previous Owner Escarret Jasan Jimenez $144,337
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2021 12/02/21 Sold $242,000 +3.0% $208 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
10/09/2021 10/09/21 For Sale $235,000 +59.9% $202 / Sq Ft
07/01/2018 07/01/18 Sold $147,000 -2.6% $127 / Sq Ft
06/01/2018 06/01/18 Pending -- -- --
03/25/2018 03/25/18 For Sale $151,000 -- $130 / 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 $4,140 $235,146 -- --
2023 $4,162 $235,146 $0 $235,146
2022 $3,066 $204,676 $0 $0
2021 $1,799 $127,713 $0 $0
2020 $1,780 $125,950 $0 $0
2019 $1,753 $123,118 $0 $123,118
2018 $375 $31,782 $0 $0
2017 $343 $31,128 $0 $0
2016 $171 $30,488 $0 $0
2015 $330 $30,276 $0 $0
2014 $328 $30,036 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Maday Diaz

    Seller's Agent in 2021

    Maday Diaz

    Partnership Realty Inc.

    (561) 355-0270

    4 in this area

    173 Total Sales

    Maday Diaz
    Section Image
  • Mirelki Gonzalez

    Seller Co-Listing Agent in 2021

    Mirelki Gonzalez

    EXP Realty LLC

    (561) 856-3667

    4 in this area

    77 Total Sales

    Mirelki Gonzalez
    Section Image

  • D

    Buyer's Agent in 2021

    Dayami Salgado

    Goldbay Realty Inc

    (561) 301-8365

    3 in this area

    81 Total Sales

    Dayami Salgado
    Section Image

  • G

    Buyer Co-Listing Agent in 2021

    Gregory Salgado JR

    Goldbay Realty Inc

    (561) 301-8365

    3 in this area

    63 Total Sales

    Gregory Salgado JR
    Section Image
  • Douglas Rill

    Seller's Agent in 2018

    Douglas Rill

    Century 21 America's Choice/WPB

    (561) 659-3630

    35 Total Sales

    Douglas Rill
    Section Image
  • Victor Lopez

    Buyer's Agent in 2018

    Victor Lopez

    4ever Homes Realty LLC

    (561) 225-0404

    1 in this area

    24 Total Sales

    Victor Lopez
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10751096

BeachesMLS

APN: 00-42-44-02-27-014-0050

Florida Palm Beach County West Palm Beach 33415 Cannongate

5516 Cannon Way Unit E, West Palm Beach, FL

This home is located at 5516 Cannon Way Unit E, West Palm Beach, FL 33415 since 09 October 2021 and is currently estimated at $302,907, approximately $260 per square foot. This property was built in 1985. 5516 Cannon Way Unit E 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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