5607 56th Way West Palm Beach, FL 33409
Palm Beach Lakes Neighborhood
2
Beds
2.5
Baths
1,236
Sq Ft
$340/mo
HOA Fee
Highlights
- Lake Front
- Corner Lot
- Tennis Courts
- Clubhouse
- Community Pool
- Balcony
About This Home
As of September 2022Immaculate 2 bedroom 2 1/2 bathroom townhouse with large fenced courtyard patio. Remodeled kitchen with upgraded cabinets, granite counter-tops and stainless steel appliances. New tile flooring throughout 1st floor. Upstairs has two spacious bedrooms each with a private bathroom, private balcony and brand new carpeting. Master bathroom beautifully remodeled. Great location close to restaurants and shopping. Move in ready!
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $857
Year Built
- Built in 1984
Lot Details
- 1,345 Sq Ft Lot
- Lake Front
- Fenced
HOA Fees
- $340 Monthly HOA Fees
Home Design
- Flat Roof Shape
- Tar and Gravel Roof
Interior Spaces
- 1,236 Sq Ft Home
- 2-Story Property
- Sliding Windows
- Family Room
- Combination Kitchen and Dining Room
- Lake Views
Kitchen
- Breakfast Bar
- Electric Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- Guest Parking
- Assigned Parking
Outdoor Features
- Balcony
- Open Patio
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 74434307040000151
Community Details
Overview
- Association fees include common areas, insurance, maintenance structure, parking, recreation facilities, roof, sewer, trash, water
- 524 Units
- Village Of Sandalwood Lak Subdivision
Amenities
- Clubhouse
Recreation
- Tennis Courts
- Community Basketball Court
- Community Pool
- Park
- Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 6, 2022
Closed on
Sep 16, 2022
Sold by
Rose James Allen
Bought by
Michel Amandine and Michel Annaise
Seller's Agent
Marcio Dias
Sterling Real Estate Group LLC
Buyer's Agent
Ulrick Panier
Prospect Realty & Investments
List Price
$294,900
Sold Price
$290,000
Premium/Discount to List
-$4,900
-1.66%
Total Days on Market
15
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
$13,045
Avg. Annual Appreciation
1.65%
Original Mortgage
$284,747
Outstanding Balance
$273,872
Interest Rate
5.22%
Mortgage Type
FHA
Estimated Equity
$29,173
Purchase Details
Listed on
May 4, 2017
Closed on
Jun 19, 2017
Sold by
Evering Chris
Bought by
Rose James Allen
Seller's Agent
Ryan Jennings
Keller Williams Realty - Welli
List Price
$167,900
Sold Price
$168,000
Premium/Discount to List
$100
0.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.94%
Original Mortgage
$168,000
Interest Rate
4.05%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 22, 2010
Sold by
Ellett Eric T
Bought by
Evering Chris
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,804
Interest Rate
4.4%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 5, 2004
Sold by
Wright Jeffrey and Wright Verla
Bought by
Ellett Eric T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,500
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 28, 1998
Sold by
Shenkman Curtis L and Shenkman Lucinda K
Bought by
Wright Jeffrey and Wright Verla
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,950
Interest Rate
7.11%
Mortgage Type
FHA
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 | $290,000 | Trident Title | |
| Warranty Deed | $168,000 | Landcastle Title Llc | |
| Special Warranty Deed | $90,000 | Automated Land Title Co | |
| Warranty Deed | $118,500 | -- | |
| Warranty Deed | $62,300 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $284,747 | FHA | |
| Previous Owner | $175,000 | VA | |
| Previous Owner | $175,000 | VA | |
| Previous Owner | $168,000 | New Conventional | |
| Previous Owner | $95,135 | New Conventional | |
| Previous Owner | $88,804 | FHA | |
| Previous Owner | $25,000 | Credit Line Revolving | |
| Previous Owner | $118,500 | Purchase Money Mortgage | |
| Previous Owner | $99,000 | Unknown | |
| Previous Owner | $30,000 | New Conventional | |
| Previous Owner | $62,950 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/20/2022 09/20/22 | Sold | $290,000 | -1.7% | $235 / Sq Ft |
| 08/21/2022 08/21/22 | Pending | -- | -- | -- |
| 07/06/2022 07/06/22 | For Sale | $294,900 | +75.5% | $239 / Sq Ft |
| 06/19/2017 06/19/17 | Sold | $168,000 | +0.1% | $136 / Sq Ft |
| 05/20/2017 05/20/17 | Pending | -- | -- | -- |
| 05/04/2017 05/04/17 | For Sale | $167,900 | 0.0% | $136 / Sq Ft |
| 05/29/2013 05/29/13 | Rented | $1,175 | -6.0% | -- |
| 04/29/2013 04/29/13 | Under Contract | -- | -- | -- |
| 04/15/2013 04/15/13 | For Rent | $1,250 | +4.2% | -- |
| 03/24/2012 03/24/12 | For Rent | $1,200 | +9.1% | -- |
| 03/24/2012 03/24/12 | Rented | $1,100 | -- | -- |
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 | $4,969 | $263,277 | -- | -- |
| 2023 | $4,832 | $255,609 | $0 | $255,609 |
| 2022 | $398 | $133,268 | $0 | $0 |
| 2021 | $377 | $129,386 | $0 | $0 |
| 2020 | $355 | $127,600 | $0 | $0 |
| 2019 | $359 | $124,731 | $0 | $0 |
| 2018 | $280 | $122,405 | $0 | $122,405 |
| 2017 | $864 | $61,412 | $0 | $0 |
| 2016 | $857 | $60,149 | $0 | $0 |
| 2015 | $860 | $59,731 | $0 | $0 |
| 2014 | $864 | $59,257 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Marcio Dias
Seller's Agent in 2022
Marcio Dias
Sterling Real Estate Group LLC
(561) 301-1191
5 in this area
57 Total Sales
-
Ulrick Panier
U
Buyer's Agent in 2022
Ulrick Panier
Prospect Realty & Investments
(561) 723-4028
2 in this area
16 Total Sales
-
Ryan Jennings
Seller's Agent in 2017
Ryan Jennings
Keller Williams Realty - Welli
(561) 313-2627
3 in this area
271 Total Sales
-
V
Seller's Agent in 2013
Vincent D'Angelo
Rent 1 Sale 1 Realty PBC, Inc
-
Kathy Krailler
K
Seller's Agent in 2012
Kathy Krailler
Florida Premier Realty of the Palm Beaches LLC
12 Total Sales
-
Mark Paladino
Buyer's Agent in 2012
Mark Paladino
Illustrated Properties, LLC
(561) 383-0308
41 Total Sales
Map
Source: BeachesMLS
MLS Number: R10331393
APN: 74-43-43-07-04-000-0151
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