NOT LISTED FOR SALE

5716 57th Way West Palm Beach, FL 33409

Palm Beach Lakes Neighborhood

Estimated Value: $253,000 - $314,000

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

Last Sold February 27, 2015

Last sale price $96,000 $78 Per Sq Ft

Est. 191% increase in value since last sale

Current estimated payment $1,956/month

102 Days on Market

Highlights

  • Garden View
  • Tennis Courts
  • Ceramic Tile Flooring
  • Community Pool
  • Patio
  • Guest Parking

About This Home

As of February 2015

Two bedroom town home in the Village of sandalwood Lakes. Private courtyard, and open floor plan makes this a great home. Amenities include pool, tennis courts and basketball courts. Very close proximity to outlet mall, highway and schools. This is a Fannie Maeproperty.

Last Agent to Sell the Property

Jean Marseille

Legacy Realty & Development License #3122740 Listed on: 10/17/2014

Last Buyer's Agent

Ryan Wertepny

KW Reserve License #3056736

KW Reserve

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,668

Year Built

  • Built in 1985

Lot Details

  • 1,307 Sq Ft Lot
  • Fenced

HOA Fees

  • $310 Monthly HOA Fees

Home Design

  • Frame Construction

Interior Spaces

  • 1,236 Sq Ft Home
  • 2-Story Property
  • Garden Views
  • Electric Range

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Over 1 Space Per Unit
  • Guest Parking

Additional Features

  • Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 74434307040000454

Community Details

Overview

  • Association fees include common areas, insurance
  • Village Of Sandalwood Lak Subdivision

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Pool
  • Trails

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,668

Year Built

Built in 1985

Lot Details

0

HOA Fees

$310 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: village to cumberland w to 57th
  • Year Built: 1985
  • Year Built Details: Resale
  • Special Features: RealEstateOwned

Interior Features

  • Furnished: Unfurnished
  • Appliances: Electric Range, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1236.0
  • Stories: 2

Exterior Features

  • Exterior Features: Fence, Patio
  • View: Garden
  • Lot Features: < 1/4 Acre
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Frame
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Guest, Two or More Spaces

Utilities

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

Condo/Co-op/Association

  • Association Fee: 310.0
  • Community Features: Pool, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Pool, Tennis Court(s), Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance

Lot Info

  • Parcel #: 74434307040000454
  • Lot Size Sq Ft: 1307.0
  • Zoning Description: Resident
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 1668.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2014
Closed on
Feb 26, 2015
Sold by
Fannie Mae
Bought by
Lower Joseph J
Seller's Agent
Jean Marseille
Legacy Realty & Development
Buyer's Agent
Ryan Wertepny
KW Reserve
List Price
$104,000
Sold Price
$96,000
Premium/Discount to List
-$8,000
-7.69%
Current Estimated Value
$279,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,235
Avg. Annual Appreciation
10.40%
Original Mortgage
$91,200
Outstanding Balance
$69,392
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$209,843

Purchase Details

Closed on
Aug 14, 2014
Sold by
Friedman Arnold and Friedman Rachael
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 26, 2002
Sold by
Anselmo Pete and Anselmo Michele
Bought by
Friedman Arnold and Friedman Rachael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,500
Interest Rate
6.95%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 30, 1993
Sold by
Hoerrner Paul F and Hoerrner Jean M
Bought by
Anselmo Pete and Anselmo Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,650
Interest Rate
7.01%
Mortgage Type
FHA
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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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
Lower Joseph J $96,000 New House Title Llc
Federal National Mortgage Association -- None Available
Friedman Arnold $92,000 Terramar Guaranty Title & Tr
Anselmo Pete $61,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lower Joseph J $91,200
Previous Owner Friedman Arnold $90,500
Previous Owner Anselmo Pete $60,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2015 02/27/15 Sold $96,000 -7.7% $78 / Sq Ft
01/28/2015 01/28/15 Pending -- -- --
10/17/2014 10/17/14 For Sale $104,000 -- $84 / 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
2025 $2,131 $128,107 -- --
2024 $2,131 $124,497 -- --
2023 $2,056 $120,871 $0 $0
2022 $1,981 $117,350 $0 $0
2021 $1,939 $113,932 $0 $0
2020 $1,900 $112,359 $0 $0
2019 $1,865 $109,833 $0 $0
2018 $1,694 $107,785 $0 $0
2017 $1,627 $105,568 $0 $0
2016 $1,554 $101,405 $0 $0
2015 $2,294 $90,405 $0 $0
2014 $1,906 $68,646 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Jean Marseille

    Legacy Realty & Development

    (561) 244-2585

    1 in this area

    24 Total Sales

    Jean Marseille
    Section Image

  • R

    Buyer's Agent in 2015

    Ryan Wertepny

    KW Reserve

    (561) 295-3834

    6 Total Sales

    Ryan Wertepny
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10081476

BeachesMLS

APN: 74-43-43-07-04-000-0454

Florida Palm Beach County West Palm Beach 33409 Palm Beach Lakes

5716 57th Way, West Palm Beach, FL

Not Listed for Sale

Townhouses

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