NOT LISTED FOR SALE

5675 Rae Ave West Palm Beach, FL 33407

Estimated Value: $384,000 - $453,000

3 Beds
2 Baths
1,264 Sq Ft
$321/Sq Ft Est. Value

Sale Details

Date Sold: November 8, 2022

Last sale price $342,000 $271 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,562 / mo

8 Days on Market

Highlights

  • Concrete Pool
  • No HOA
  • 2 Attached Carport Spaces
  • Outdoor Living Area
  • Patio
  • Central Heating and Cooling System

About This Home

As of November 2022

Welcome to West Palm Beach! This well-kept POOL home is centrally located to everything South FL has to offer! NEW ROOF (June 2022), NEW SCREEN ENCLOSURE, 5 yr old AC. 3 Minutes to BALL PARK OF THE PALM BEACHES!
10 Minutes to Palm Beach International Airport
10 Minutes to downtown West Palm
15 minitues to beautiful beaches

Last Agent to Sell the Property

Shannon Zahn

Compass Florida LLC License #3458328 Listed on: 09/06/2022

Compass Florida LLC

Co-Listed By

Jose Santana

Blue View Real Estate License #3536213

Last Buyer's Agent

Nicole Dimattina

Prime Time Realty LLC License #3375475

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,100

Year Built

  • Built in 1963

Lot Details

  • 9,000 Sq Ft Lot
  • East Facing Home
  • Property is zoned RM

Parking

  • 2 Attached Carport Spaces

Home Design

  • Stucco

Interior Spaces

  • 1,264 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Concrete Pool
  • Patio
  • Outdoor Living Area

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00424302010010291

Community Details

Overview

  • No Home Owners Association
  • Gramercy Park Unit 1 Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,100

Year Built

Built in 1963

Lot Details

9,000 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: From I95 exit onto 45th Street. Head towards Keiser University. Turn onto Rae Ave.
  • Year Built: 1963
  • Carport Y N: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Main Level Primary
  • Main Level Bedrooms: 3
  • Furnished: Unfurnished
  • Appliances: Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Location: Entry Level Living Area Y
  • Flooring: Other
  • Living Area: 1264.0
  • Stories: 1

Exterior Features

  • Exterior Features: Outdoor Living Area
  • Lot Features: < 1/4 Acre
  • Pool Features: Concrete, Association
  • Pool Private: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Carport Spaces: 2.0
  • Garage Yn: No
  • Parking Features: Attached Carport

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: Pool
  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 00424302010010291
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9147.6
  • Mobile Dim Units: Feet
  • Zoning: RM

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1100.37

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2022
Closed on
Nov 4, 2022
Sold by
Bought by
Seller's Agent
Shannon Zahn
Compass Florida LLC
Buyer's Agent
Nicole Dimattina
Prime Time Realty LLC
List Price
$389,900
Sold Price
$342,000
Premium/Discount to List
-$47,900
-12.29%
Views
6
Current Estimated Value
$405,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,469
Avg. Annual Appreciation
4.77%
Original Mortgage
$335,805
Outstanding Balance
$324,006
Interest Rate
6.94%
Mortgage Type
FHA
Estimated Equity
$81,463

Purchase Details

Closed on
Feb 27, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
7.95%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 22, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
7.95%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 22, 2005
Sold by
Bought by

Purchase Details

Closed on
Jun 11, 2005
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$342,000 --
-- None Available
$230,000 Flagler Title Company
$192,900 Phoenix Title Insurance Corp
$133,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $335,805
Previous Owner $184,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/08/2022 11/08/22 Sold $342,000 -12.3% $271 / Sq Ft
09/05/2022 09/05/22 For Sale $389,900 -- $308 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,615 $270,512 -- --
2024 $4,615 $245,920 -- --
2023 $4,680 $249,286 $95,000 $154,286
2022 $1,126 $69,465 $0 $0
2021 $1,100 $67,442 $0 $0
2020 $1,078 $66,511 $0 $0
2019 $1,079 $65,016 $0 $0
2018 $1,013 $63,804 $0 $0
2017 $975 $62,492 $0 $0
2016 $977 $61,207 $0 $0
2015 $992 $60,782 $0 $0
2014 $998 $60,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10829702

BeachesMLS (Greater Fort Lauderdale)

APN: 00-42-43-02-01-001-0291

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