NOT LISTED FOR SALE

5521 55th Way West Palm Beach, FL 33409

Palm Beach Lakes Neighborhood

Estimated Value: $275,000 - $288,000

2 Beds
2.5 Baths
1,236 Sq Ft
$226/Sq Ft Est. Value

Last Sold February 04, 2016

Last sale price $132,000 $107 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $1,938/month

25 Days on Market

Highlights

  • Lake View
  • Community Pool
  • Breakfast Area or Nook
  • Great Room
  • Tennis Courts
  • Formal Dining Room

About This Home

As of February 2016

2/2.5 Townhome located in Sandalwood near schools, shopping and great for commute via I-95 and Turnpike. New paint, new stain steel appliances, new carpet, new title everywhere , a must see this is not a short sale or foreclosure , ready to move in and easy to show and will close fast .

Last Agent to Sell the Property

Bobac Medalian

Medalian Real Estate & Investm License #3180546 Listed on: 12/10/2015

Co-Listed By

Jalil Medalian

Medalian Real Estate & Investm License #443093

Last Buyer's Agent

Donald Minor

EXP Realty LLC License #589378

EXP Realty LLC

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

  • $270 Monthly HOA Fees

Parking

  • Assigned Parking

Property Views

  • Lake
  • Garden

Interior Spaces

  • 1,236 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Sliding Windows
  • Great Room
  • Formal Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Balcony
  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434307040000111

Community Details

Overview

  • Association fees include common areas, cable TV, ground maintenance, sewer, water
  • Village Of Sandalwood Lak Subdivision

Recreation

  • Tennis Courts
  • Community Pool
  • Park
  • Trails

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,063

Year Built

Built in 1984

Lot Details

0

HOA Fees

$270 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: Military trail OR Village Blvd to Cumberland Dr, to 55th Way on South side of Cumberland Dr.
  • Year Built: 1984
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Area, Dining Area, Separate/Formal Dining Room, Eat-in Kitchen, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1236.0
  • Dining Room Type: Great Room
  • Stories: 2
  • Window Features: Sliding

Exterior Features

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

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Ceiling Fan(s), 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: 270.0
  • Community Features: Park, Pool, Street Lights, Sidewalks, 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, Sewer, Water

Lot Info

  • Parcel #: 74434307040000111
  • Lot Size Sq Ft: 1345.0
  • Zoning Description: r
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2063.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2015
Closed on
Feb 4, 2016
Sold by
Ocean Trust Llc
Bought by
Minor Donald and Minor Gwendolyn
Seller's Agent
Bobac Medalian
Medalian Real Estate & Investm
Buyer's Agent
Donald Minor
EXP Realty LLC
List Price
$134,900
Sold Price
$132,000
Premium/Discount to List
-$2,900
-2.15%
Current Estimated Value
$278,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,950
Avg. Annual Appreciation
8.04%
Original Mortgage
$129,609
Outstanding Balance
$102,646
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$176,304

Purchase Details

Closed on
Aug 20, 2015
Sold by
Phifer Margene L and Estate Of Margene L Phifer
Bought by
Ocean Trust Llc
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
Minor Donald $132,000 Affinity Title Services Inc
Ocean Trust Llc $83,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Minor Donald $129,609
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2016 02/04/16 Sold $132,000 -2.1% $107 / Sq Ft
01/05/2016 01/05/16 Pending -- -- --
12/10/2015 12/10/15 For Sale $134,900 -- $109 / 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 $2,271 $131,381 -- --
2023 $2,194 $127,554 $0 $0
2022 $2,118 $123,839 $0 $0
2021 $2,076 $120,232 $0 $0
2020 $2,037 $118,572 $0 $0
2019 $2,000 $115,906 $0 $0
2018 $1,823 $113,745 $0 $0
2017 $1,755 $111,405 $0 $0
2016 $2,498 $101,405 $0 $0
2015 $2,063 $75,511 $0 $0
2014 $1,906 $68,646 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Bobac Medalian

    Medalian Real Estate & Investm

    (561) 512-0998

    3 in this area

    349 Total Sales

    Bobac Medalian
    Section Image

  • J

    Seller Co-Listing Agent in 2016

    Jalil Medalian

    Medalian Real Estate & Investm

    (561) 798-3322

    45 Total Sales

    Jalil Medalian
    Section Image

  • D

    Buyer's Agent in 2016

    Donald Minor

    EXP Realty LLC

    (561) 531-4333

    Donald Minor
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10190921

BeachesMLS

APN: 74-43-43-07-04-000-0111

Florida Palm Beach County West Palm Beach 33409 Palm Beach Lakes

5521 55th Way, West Palm Beach, FL

This home is located at 5521 55th Way, West Palm Beach, FL 33409 since 10 December 2015 and is currently estimated at $278,950, approximately $225 per square foot. This property was built in 1984. 5521 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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