NOT LISTED FOR SALE

5641 56th Way West Palm Beach, FL 33409

Palm Beach Lakes Neighborhood

Estimated Value: $254,000 - $284,000

2 Beds
2.5 Baths
1,285 Sq Ft
$212/Sq Ft Est. Value

Last Sold October 12, 2012

Last sale price $80,000 $62 Per Sq Ft

Est. 241% increase in value since last sale

Current estimated payment $2,124/month

197 Days on Market

Highlights

  • Water Views
  • Community Pool
  • Walk-In Closet
  • Clubhouse
  • Tennis Courts
  • Patio

About This Home

As of October 2012

Great Vacation home or starter home. THIS IS NOT A SHORT SALE! Lots of upgrades in kitchen,brand new french door refrig., newer wood flooring on staircase, all new interior doors,completely tiled first floor & neutral carpeting upstairs. JUST STEPS AWAY FROM POOL AND THE PARK!!! Roof replaced in 2008. THIS IS NOT A SHORT SALE OR FORECLOSURE, CAN CLOSE QUICKLY!! Sellers looking for a serious Buyer.

Last Agent to Sell the Property

Christina Couto

Seawinds Realty License #3239250 Listed on: 02/27/2012

Last Buyer's Agent

Gian Campanella

Regency Realty Services License #3125289

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $887

Year Built

  • Built in 1984

Lot Details

  • 1,350

HOA Fees

  • $287 Monthly HOA Fees

Home Design

  • Metal Roof

Interior Spaces

  • 1,285 Sq Ft Home
  • 2-Story Property
  • Sliding Windows
  • Combination Dining and Living Room
  • Water Views

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • Guest Parking
  • Assigned Parking

Utilities

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

Additional Features

  • Patio
  • East Facing Home

Listing and Financial Details

  • Assessor Parcel Number 74434307040000173

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, ground maintenance, maintenance structure, recreation facilities, sewer, trash, water
  • 888 Units
  • Sandalwood South Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$887

Year Built

Built in 1984

Lot Details

0

HOA Fees

$287 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: EXIT 95 TO 45TH ST WEST TO VILLAGE TO CUMBERLAND RIGHT TO 56TH
  • Year Built: 1984
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Living/Dining Room, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Vinyl
  • Living Area: 1285.0
  • Stories: 2
  • Window Features: Sliding

Exterior Features

  • Exterior Features: Patio
  • View: Other, Water
  • Pool Features: None, Community
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Patio
  • Roof: Metal

Garage/Parking

  • Parking Features: Assigned, Guest

Utilities

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

Condo/Co-op/Association

  • Association Fee: 287.0
  • Community Features: Clubhouse, Pool, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Recreation Facilities, Sewer, Trash, Water

Lot Info

  • Parcel #: 74434307040000173
  • Zoning Description: RES

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 887.0

Multi Family

  • Number Of Units In Community: 888

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2012
Closed on
Oct 12, 2012
Sold by
Aristizabal Robert and Aristizabal Catalina
Bought by
Pop Mircea
Seller's Agent
Christina Couto
Seawinds Realty
Buyer's Agent
Gian Campanella
Regency Realty Services
List Price
$88,500
Sold Price
$80,000
Premium/Discount to List
-$8,500
-9.6%
Current Estimated Value
$272,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,427
Avg. Annual Appreciation
9.90%
Original Mortgage
$78,551
Outstanding Balance
$12,984
Interest Rate
2.81%
Mortgage Type
FHA
Estimated Equity
$259,443

Purchase Details

Closed on
Apr 15, 2010
Sold by
Aristizabal Nora and Aristizabal Robert
Bought by
Aristizabal Nora and Aristizabal Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,784
Interest Rate
4.77%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 8, 2002
Sold by
Aristizabal Nora and Aristizabal Hugo
Bought by
Aristizabal Nora and Aristizabal Robert

Purchase Details

Closed on
Feb 22, 2002
Sold by
Parson Janice R
Bought by
Aristizabal Nora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.02%

Purchase Details

Closed on
Nov 30, 1995
Sold by
Gaston John L
Bought by
Parson Janice R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,050
Interest Rate
7.31%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pop Mircea $80,000 Sunbelt Title Agency
Aristizabal Nora -- Attorney
Aristizabal Nora $32,500 --
Aristizabal Nora $84,000 Lighthouse Title Services In
Parson Janice R $59,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pop Mircea $78,551
Previous Owner Aristizabal Nora $71,784
Previous Owner Aristizabal Nora $65,000
Previous Owner Parson Janice R $56,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2012 10/12/12 Sold $80,000 -9.6% $62 / Sq Ft
09/12/2012 09/12/12 Pending -- -- --
02/27/2012 02/27/12 For Sale $88,500 -- $69 / 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 $4,713 $189,658 -- --
2023 $4,330 $172,416 $0 $0
2022 $3,825 $156,742 $0 $0
2021 $3,476 $142,493 $0 $142,493
2020 $3,222 $130,493 $0 $130,493
2019 $3,187 $127,493 $0 $127,493
2018 $2,928 $122,405 $0 $122,405
2017 $2,684 $111,405 $0 $0
2016 $886 $64,295 $0 $0
2015 $891 $63,848 $0 $0
2014 $895 $63,341 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Christina Couto

    Seawinds Realty

  • G

    Buyer's Agent in 2012

    Gian Campanella

    Regency Realty Services

See All Agents

Map

Source: BeachesMLS

MLS Number: R3262813

BeachesMLS

APN: 74-43-43-07-04-000-0173

Florida Palm Beach County West Palm Beach 33409 Palm Beach Lakes

5641 56th Way, West Palm Beach, FL

This home is located at 5641 56th Way, West Palm Beach, FL 33409 since 27 February 2012 and is currently estimated at $272,427, approximately $212 per square foot. This property was built in 1984. 5641 56th 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.

Nearby Homes