5516 Cannon Way Unit E West Palm Beach, FL 33415
Cannongate Neighborhood
2
Beds
2.5
Baths
1,162
Sq Ft
$79/mo
HOA Fee
Highlights
- Garden View
- Patio
- Laundry Room
- Breakfast Bar
- Home Security System
- Ceramic Tile Flooring
About This Home
As of December 2021Priced below market value Seller has just added extensive upgrades to this unit to include but not limited too: New roof shingles and soffits, new wood framing and panels to the outside of the home, newly remodeled courtyard, new Kohler toilets, new light fixtures, A/C inspected and serviced for the hot summer, new garbage disposal and hot water heater. Seller is still pricing below market value to allow the buyer to unit upgrades of their choice. Seller will not accept offers below the list price! This home includes spacious bedrooms each with their own bathrooms. Underground power means this home did not lose power during hurricane Irma! Close to several shopping centers, the airport, schools and hospital
Last Agent to Sell the Property
Century 21 America's Choice/WPB License #131886 Listed on: 03/25/2018
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $343
Year Built
- Built in 1985
HOA Fees
- $79 Monthly HOA Fees
Home Design
- Frame Construction
- Shingle Roof
- Composition Roof
Interior Spaces
- 1,162 Sq Ft Home
- 2-Story Property
- Furnished or left unfurnished upon request
- Ceiling Fan
- Combination Dining and Living Room
- Garden Views
- Home Security System
Kitchen
- Breakfast Bar
- Electric Range
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Laundry Room
- Washer
Parking
- Guest Parking
- Assigned Parking
Utilities
- Central Heating and Cooling System
- The lake is a source of water for the property
- Cable TV Available
Additional Features
- Patio
- Fenced
Listing and Financial Details
- Assessor Parcel Number 00424402270140050
Community Details
Overview
- Association fees include management, common areas, maintenance structure
- Society Hill Cannongate Subdivision
Recreation
- Trails
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,337
Avg. Annual Appreciation
6.79%
Original Mortgage
$228,937
Outstanding Balance
$212,787
Interest Rate
3.14%
Mortgage Type
FHA
Estimated Equity
$95,432
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
Partnership Realty Inc.
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
Similar Homes in West Palm Beach, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $242,000 | Attorney | |
| Warranty Deed | $147,000 | First International Title | |
| Quit Claim Deed | $100 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $228,937 | FHA | |
| Previous Owner | $144,337 | FHA | |
| Previous Owner | $25,000 | Credit Line Revolving | |
| Previous Owner | $35,072 | Credit Line Revolving | |
| Previous Owner | $75,600 | New Conventional |
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
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
-
Seller's Agent in 2021
Maday Diaz
Partnership Realty Inc.
(561) 355-0270
4 in this area
173 Total Sales
-
Seller Co-Listing Agent in 2021
Mirelki Gonzalez
EXP Realty LLC
(561) 856-3667
4 in this area
80 Total Sales
-
D
Buyer's Agent in 2021
Dayami Salgado
Goldbay Realty Inc
(561) 301-8365
3 in this area
82 Total Sales
-
G
Buyer Co-Listing Agent in 2021
Gregory Salgado JR
Goldbay Realty Inc
(561) 301-8365
3 in this area
63 Total Sales
-
Seller's Agent in 2018
Douglas Rill
Century 21 America's Choice/WPB
(561) 659-3630
36 Total Sales
-
Buyer's Agent in 2018
Victor Lopez
Partnership Realty Inc.
(561) 225-0404
1 in this area
25 Total Sales
Map
Source: BeachesMLS
MLS Number: R10417206
APN: 00-42-44-02-27-014-0050
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.
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.
Nearby Homes
- 5117 Society Place W Unit C
- 882 Pipers Cay Dr
- 799 Hill Dr Unit F
- 867 Pipers Cay Dr
- 865 Pipers Cay Dr
- 857 Scott Dr
- 829 Pipers Cay Dr Unit 88
- 5344 Bosque Ln Unit 104
- 4896 Royal Ct S
- 773 Pipers Cay Dr
- 911 Sumter Rd W
- 968 Sumter Rd W
- 4773 Sunny Palm Cir Unit C
- 884 Montego Dr
- 732 Neil Rd Unit 1-4
- 372 E Shadyside Cir
- 418 W Shadyside Cir
- 822 Burch Dr
- 864 Chase Rd
- 1158 Summit Trail Cir Unit B