NOT LISTED FOR SALE

5813 Rae Ave West Palm Beach, FL 33407

Estimated Value: $290,000 - $326,000

3 Beds
1 Bath
836 Sq Ft
$368/Sq Ft Est. Value

Last Sold March 20, 2023

Last sale price $255,000 $305 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,909/month

19 Days on Market

Highlights

  • Newly Remodeled
  • Tile Flooring
  • Central Heating and Cooling System
  • No HOA
  • 1-Story Property
  • Ceiling Fan

About This Home

As of March 2023

Professionally Maintained and Managed 3 bedroom 1 bathroom. home. Features updated exterior paint as well as an updated interior throughout. Kitchen is updated and features newer appliances. Incredible investment opportunity or perfect for first time homes buyer. Ready to show priced to sell.

Last Agent to Sell the Property

John Scalia

EXP Realty, LLC. License #3036215 Listed on: 01/11/2023

EXP Realty, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,351

Year Built

  • Built in 1962 | Newly Remodeled

Lot Details

  • 6,864 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Property is zoned RM

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 836 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • Open Parking

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Gramercy Park Unit 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00424302010010170

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,351

Year Built

Built in 1962 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1962
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Directions: google maps
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: GRAMERCY PARK UNIT 1
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Other Equipment/Appliances, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Other
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 836
  • Possible Use: Unknown/Withheld
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Primary Bedroom Ground Level
  • Living Room Features: Other

Exterior Features

  • Roof: Shingle
  • View: None
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: GRAMERCY PARK UNIT 1
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 00424302010010170
  • Lot Size Sq Ft: 6864
  • Zoning: RM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3351

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2023
Closed on
Mar 14, 2023
Sold by
Tah 2017-1 Borrower Llc
Bought by
Torres Deperez Sandy
Seller's Agent
John Scalia
EXP Realty, LLC.
List Price
$264,900
Sold Price
$255,000
Premium/Discount to List
-$9,900
-3.74%
Views
63
Current Estimated Value
$307,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,340
Avg. Annual Appreciation
7.60%
Original Mortgage
$250,381
Outstanding Balance
$242,785
Interest Rate
6.32%
Mortgage Type
FHA
Estimated Equity
$64,555

Purchase Details

Closed on
Aug 23, 2017
Sold by
Sby Finance Trs Llc
Bought by
Tah 2017 1 Borrower Llc

Purchase Details

Closed on
Apr 18, 2016
Sold by
2013 B Property Owner Llc
Bought by
Sby Finance Trs Llc

Purchase Details

Listed on
Feb 16, 2014
Closed on
Mar 31, 2014
Sold by
Stuck William V and The Rae Avenue Land Trust
Bought by
2013B Property Owner Llc
Seller's Agent
Jan Dalcorso
Florida Phoenix Realty LLC
Buyer's Agent
Timothy Barhite
Inactive Member
List Price
$74,900
Sold Price
$70,000
Premium/Discount to List
-$4,900
-6.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.70%

Purchase Details

Closed on
Oct 21, 2013
Sold by
County Of Palm Beach
Bought by
Rae Avenue Land Trust

Purchase Details

Closed on
Mar 23, 2006
Sold by
Cypress Development Corp
Bought by
Fashaw Sadie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,200
Interest Rate
8.19%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 13, 2004
Sold by
Caldeira Leland
Bought by
Cypress Development Corp

Purchase Details

Closed on
May 22, 1999
Sold by
Imc Mortgage Co
Bought by
Caldeira Leland

Purchase Details

Closed on
Dec 1, 1998
Sold by
Clerk Of The Court
Bought by
Imc Mortgage Co

Purchase Details

Closed on
Oct 9, 1997
Sold by
Bergstein Adolph
Bought by
Dryden Cecil

Purchase Details

Closed on
Jan 25, 1996
Sold by
Hutchinson Valrie Reid
Bought by
Bergstein Adolph
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
Torres Deperez Sandy $255,000 Os National
Tah 2017 1 Borrower Llc -- Attorney
Sby Finance Trs Llc -- Attorney
2013B Property Owner Llc $69,900 Fidelity Natl Title Fl Inc
Rae Avenue Land Trust $30,603 None Available
Fashaw Sadie J $174,000 Gateway Title & Abstract Co
Cypress Development Corp -- --
Caldeira Leland $49,000 --
Imc Mortgage Co $100 --
Dryden Cecil $62,000 --
Bergstein Adolph $38,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Deperez Sandy $250,381
Previous Owner Fashaw Sadie J $139,200
Previous Owner Bergstein Adolph $68,000
Previous Owner Bergstein Adolph $56,250
Previous Owner Bergstein Adolph $56,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/20/2023 03/20/23 Sold $255,000 -3.7% $305 / Sq Ft
01/31/2023 01/31/23 Pending -- -- --
01/11/2023 01/11/23 For Sale $264,900 0.0% $317 / Sq Ft
07/08/2014 07/08/14 Rented $1,050 0.0% --
06/08/2014 06/08/14 Under Contract -- -- --
05/30/2014 05/30/14 For Rent $1,050 0.0% --
03/31/2014 03/31/14 Sold $70,000 -6.5% $55 / Sq Ft View Prior Sale
03/01/2014 03/01/14 Pending -- -- --
02/16/2014 02/16/14 For Sale $74,900 -- $59 / 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 $3,349 $208,409 -- --
2023 $3,609 $167,187 $0 $0
2022 $3,351 $151,988 $0 $0
2021 $2,946 $138,171 $52,500 $85,671
2020 $2,879 $134,301 $56,000 $78,301
2019 $2,912 $134,301 $56,000 $78,301
2018 $2,618 $123,554 $48,189 $75,365
2017 $2,196 $99,604 $31,090 $68,514
2016 $1,952 $79,527 $0 $0
2015 $1,790 $72,297 $0 $0
2014 $1,467 $54,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Scalia

    Seller's Agent in 2023

    John Scalia

    EXP Realty, LLC.

    (954) 822-6612

    1,778 Total Sales

    John Scalia
    Section Image

  • J

    Seller's Agent in 2014

    Jan Dalcorso

    Florida Phoenix Realty LLC

  • S

    Seller's Agent in 2014

    Sandra Becker-Iannuzzi

    Silver Bay Property Corp

  • T

    Buyer's Agent in 2014

    Timothy Barhite

    Inactive Member

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11323060

MIAMI REALTORS® MLS

APN: 00-42-43-02-01-001-0170

Florida Palm Beach County West Palm Beach 33407

5813 Rae Ave, West Palm Beach, FL

This home is located at 5813 Rae Ave, West Palm Beach, FL 33407 since 11 January 2023 and is currently estimated at $307,340, approximately $367 per square foot. This property was built in 1962. 5813 Rae Ave 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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