NOT LISTED FOR SALE

5588 Souchak Dr West Palm Beach, FL 33413

Estimated Value: $450,406 - $579,000

5 Beds
3 Baths
2,268 Sq Ft
$216/Sq Ft Est. Value

Last Sold April 28, 2021

Last sale price $310,000 $137 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,032/month

44 Days on Market

Highlights

  • Laundry Room
  • Central Heating and Cooling System
  • 1-Story Property
  • Tile Flooring
  • Family Room

About This Home

As of April 2021

RARE INVESTMENT OPPORTUNITY in Palm Beach County! A Large and Spacious, 5-bed, 3-bath home with tile throughout! Located in the Heart of West Palm Beach giving you access to some of the worlds best golf courses, beaches, and shopping! Plenty of room for a pool!

Last Agent to Sell the Property

Erik Mendoza

West Third Real Estate LLC License #3398108 Listed on: 02/12/2021

Last Buyer's Agent

isaac antoine

Freedom Realty of America, LLC License #3237267

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,669

Year Built

  • Built in 1963

Lot Details

  • 7,040 Sq Ft Lot
  • Property is zoned RM

Interior Spaces

  • 2,268 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • Lake Belvedere Estates 2N Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00424335080060040

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,669

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: BELVEDERE TO HAVERHILL-MAKE LEFT ON CAROLINE TO DEAD END-MAKE LEFT
  • Year Built: 1963
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Split Bedrooms
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Tile
  • Living Area: 2268.0
  • Dining Room Type: Family Room, Laundry, Storage Room
  • Stories: 1

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 00424335080060040
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 7040.0
  • Zoning Description: RM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3669.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2021
Closed on
Apr 13, 2021
Sold by
Breig Joseph J and Breig Kathryn
Bought by
Derosier Gelene and Pierre Wilene
Seller's Agent
Erik Mendoza
West Third Real Estate LLC
Buyer's Agent
isaac antoine
Freedom Realty of America, LLC
List Price
$310,000
Sold Price
$310,000
Current Estimated Value
$489,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,352
Avg. Annual Appreciation
10.83%
Original Mortgage
$304,385
Outstanding Balance
$274,823
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$214,529

Purchase Details

Closed on
Apr 3, 2013
Sold by
Breig Joseph J
Bought by
Breig Joseph J and Breig Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2011
Sold by
Wells Fargo Bank Na
Bought by
Breig Joe J

Purchase Details

Closed on
Dec 13, 2010
Sold by
Rosier Bonel and Naureus Soinise
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 9, 2004
Sold by
Stewart Neigel C and Stewart Beatrice
Bought by
Naureus Soinise and Rosier Bonel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,300
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Derosier Gelene $310,000 Attorney
Breig Joseph J -- Lsi Title Agency Inc
Breig Joe J $57,750 None Available
Wells Fargo Bank Na $58,200 None Available
Naureus Soinise $177,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Derosier Gelene $304,385
Previous Owner Breig Joseph J $58,500
Previous Owner Naureus Soinise $159,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2021 04/28/21 Sold $310,000 0.0% $137 / Sq Ft
03/29/2021 03/29/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $310,000 -- $137 / 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 $5,256 $330,195 -- --
2023 $5,123 $320,578 $116,006 $204,572
2022 $5,540 $298,417 $0 $0
2021 $3,974 $229,636 $91,392 $138,244
2020 $3,669 $207,603 $85,000 $122,603
2019 $3,556 $207,864 $89,250 $118,614
2018 $3,126 $187,425 $82,443 $104,982
2017 $2,863 $167,632 $61,069 $106,563
2016 $2,720 $113,366 $0 $0
2015 $2,558 $103,060 $0 $0
2014 $2,377 $93,691 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10692019

BeachesMLS

APN: 00-42-43-35-08-006-0040