NOT LISTED FOR SALE

5774 Aruba Way West Palm Beach, FL 33407

Spencer Lakes Neighborhood

Estimated Value: $320,000 - $369,000

3 Beds
2 Baths
1,170 Sq Ft
$291/Sq Ft Est. Value

Last Sold October 12, 2021

Last sale price $230,000 $197 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,068/month

21 Days on Market

Highlights

  • Room in yard for a pool
  • Laundry in Utility Room
  • 1-Story Property
  • No HOA
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

As of October 2021

Come and visit this amazing invesment opportunity. Secure rent until Jan 31, 2022. New Roof done this year,
CBS Construtcion Spacious living room and kitchen area. Do not miss out. Please do not disturb tenant.

Last Agent to Sell the Property

Sindy Tapia

EXP Realty LLC License #3475266 Listed on: 08/24/2021

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,889

Year Built

  • Built in 1972

Lot Details

  • 7,375 Sq Ft Lot
  • Southwest Facing Home
  • Property is zoned RM

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,170 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Parking

  • Driveway
  • Open Parking

Schools

  • Grove Park Elementary School
  • John F. Kennedy Middle School
  • Palm Beach Lakes High School

Additional Features

  • Room in yard for a pool
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Gramercy Park Unit 4 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00424301030210070

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,889

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: GRAMERCY PARK UNIT 4
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Washer
  • Interior Amenities: First Floor Entry, Utility Room/Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1170
  • Possible Use: Investment
  • Bedroom Features: Master Bedroom Ground Level
  • Living Room Features: Utility Room/Laundry

Exterior Features

  • Roof: Shingle
  • View: None
  • Exterior Features: None, Room For Pool
  • Construction Type: CBS Construction
  • Direction Faces: Southwest
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: GRAMERCY PARK UNIT 4
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: Other

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Grove Park
  • High School: Palm Beach Lakes
  • Middle Or Junior School: John F. Kennedy

Lot Info

  • Parcel Number: 00424301030210070
  • Lot Size Sq Ft: 7375
  • Zoning: RM
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2889

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2021
Closed on
Oct 12, 2021
Sold by
Florida Sterling Group Corp
Bought by
Joseph Hermain
Seller's Agent
Sindy Tapia
EXP Realty LLC
List Price
$258,000
Sold Price
$230,000
Premium/Discount to List
-$28,000
-10.85%
Current Estimated Value
$340,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,539
Avg. Annual Appreciation
10.82%
Original Mortgage
$177,700
Interest Rate
2.9%
Mortgage Type
Construction

Purchase Details

Listed on
Aug 24, 2021
Closed on
Aug 20, 2021
Sold by
Switzer Stan and 5774 Aruba Way Land Trust
Bought by
Florida Sterling Group Corp
Seller's Agent
Sindy Tapia
EXP Realty LLC
List Price
$258,000
Sold Price
$230,000
Premium/Discount to List
-$28,000
-10.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,700
Interest Rate
2.9%
Mortgage Type
Construction

Purchase Details

Listed on
Jun 15, 2013
Closed on
Oct 3, 2013
Sold by
Vandyke James and 5774 Aruba Way Land Trust
Bought by
Switzer Stan and 5774 Aruba Way Land Trust
Seller's Agent
Biglauwick Plaisimond
Hot Team Realty & Investmt Srv
Buyer's Agent
Biglauwick Plaisimond
Hot Team Realty & Investmt Srv
List Price
$104,990
Sold Price
$82,000
Premium/Discount to List
-$22,990
-21.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.71%

Purchase Details

Listed on
Jun 15, 2013
Closed on
Sep 30, 2013
Sold by
Turenne Ocean Louis J and Turenne Ocean Marie
Bought by
5774 Aruba Way Land Trust
Seller's Agent
Biglauwick Plaisimond
Hot Team Realty & Investmt Srv
Buyer's Agent
Biglauwick Plaisimond
Hot Team Realty & Investmt Srv
List Price
$104,990
Sold Price
$82,000
Premium/Discount to List
-$22,990
-21.9%
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
Joseph Hermain $230,000 Nu World Title Of Doral Llc
Florida Sterling Group Corp $175,000 Independence Title Inc
Switzer Stan -- None Available
5774 Aruba Way Land Trust $82,000 Harbor Land Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Florida Sterling Group Corp $177,700
Previous Owner Ocean Louis J $62,400
Previous Owner Ocean Louis J $7,153
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2021 10/12/21 Sold $230,000 -8.0% $197 / Sq Ft
09/09/2021 09/09/21 Price Changed $250,000 -3.1% $214 / Sq Ft
09/09/2021 09/09/21 For Sale $258,000 +12.2% $221 / Sq Ft
09/07/2021 09/07/21 Off Market $230,000 -- --
08/24/2021 08/24/21 For Sale $258,000 +214.6% $221 / Sq Ft
10/04/2013 10/04/13 Sold $82,000 -21.9% $70 / Sq Ft
09/04/2013 09/04/13 Pending -- -- --
06/15/2013 06/15/13 For Sale $104,990 -- $90 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $2,238 $238,732 -- --
2023 $4,453 $233,345 $0 $0
2022 $4,150 $212,132 $0 $0
2021 $3,043 $159,736 $52,500 $107,236
2020 $2,889 $155,387 $56,000 $99,387
2019 $2,806 $155,359 $56,000 $99,359
2018 $2,499 $143,372 $48,189 $95,183
2017 $2,234 $118,821 $31,090 $87,731
2016 $2,118 $82,731 $0 $0
2015 $1,935 $75,210 $0 $0
2014 $1,646 $63,594 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Sindy Tapia

    EXP Realty LLC

    (305) 934-5822

    1 in this area

    41 Total Sales

    Section Image

  • B

    Seller's Agent in 2013

    Biglauwick Plaisimond

    Hot Team Realty & Investmt Srv

    (386) 246-2085

    27 Total Sales

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11089076

MIAMI REALTORS® MLS

APN: 00-42-43-01-03-021-0070

Florida Palm Beach County West Palm Beach 33407 Spencer Lakes

5774 Aruba Way, West Palm Beach, FL

This home is located at 5774 Aruba Way, West Palm Beach, FL 33407 since 24 August 2021 and is currently estimated at $340,539, approximately $291 per square foot. This property was built in 1972. 5774 Aruba Way is a home located in Palm Beach County with nearby schools including Grove Park Elementary School, John F. Kennedy 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.

MIAMI REALTORS® MLS 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.

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