NOT LISTED FOR SALE

5828 Erik Way Greenacres, FL 33463

Estimated Value: $401,000 - $426,000

4 Beds
2.5 Baths
2,227 Sq Ft
$186/Sq Ft Est. Value

Last Sold March 18, 2022

Last sale price $360,000 $162 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,150/month

110 Days on Market

Highlights

  • Water Views
  • Community Pool
  • Walk-In Closet
  • Gated Community
  • Den
  • Patio

About This Home

As of March 2022

THIS IS AN OCCUPIED PROPERTY, AVAILABLE FOR SALE WITH TENANT IN PLACE. Great income producing property for the investor who wants cash flow from day 1. Long term tenant.

Last Agent to Sell the Property

Jeff Morris

Drake Alexander Realty Group License #609145 Listed on: 10/28/2021

Last Buyer's Agent

Olga Avila

Partnership Realty Inc. License #3368973

Partnership Realty Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,417

Year Built

  • Built in 2007

Lot Details

  • 2,356

HOA Fees

  • $299 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 2,227 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Water Views
  • Security Gate
  • Washer and Dryer

Kitchen

  • Electric Range
  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Utilities

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

Additional Features

  • Patio
  • 2,356 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 18424425400030040

Community Details

Overview

  • Association fees include common areas, pool(s)
  • 30 Units
  • Pine Grove Townhomes Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,417

Year Built

Built in 2007

Lot Details

0

HOA Fees

$299 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: Just west of Military Trail on the south side of Melaleuca Lane. From the east, 6th Ave S turns into Melaleuca Lane as you head west past Congress. Convenient to I-95 and the Turnpike.
  • Year Built: 2007
  • Year Built Details: Resale
  • 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, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Living Area: 2227.0
  • Dining Room Type: Den, Family Room
  • Stories: 2

Exterior Features

  • Exterior Features: Patio
  • View: Other, Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener

Utilities

  • Security: Security Gate, Smoke Detector(s)
  • 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: 299.0
  • Community Features: Gated, Pool
  • Senior Community: No
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Pool(s)

Lot Info

  • Parcel #: 18424425400030040
  • Lot Size Sq Ft: 2356.0
  • Zoning Description: RM-2(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4417.0

Multi Family

  • Number Of Units In Community: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2021
Closed on
Mar 2, 2022
Sold by
Morris Jeffrey H
Bought by
Ospina Javier Andres and Echeverry Juliana
Seller's Agent
Jeff Morris
Drake Alexander Realty Group
Buyer's Agent
Olga Avila
Partnership Realty Inc.
List Price
$345,000
Sold Price
$360,000
Premium/Discount to List
$15,000
4.35%
Total Days on Market
110
Current Estimated Value
$414,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,399
Avg. Annual Appreciation
4.43%
Original Mortgage
$349,969
Outstanding Balance
$329,790
Interest Rate
3.89%
Mortgage Type
FHA
Estimated Equity
$86,086

Purchase Details

Closed on
Aug 31, 2010
Sold by
Dougall Cliff and Dougall Marcia
Bought by
Morris Jeff H

Purchase Details

Closed on
Mar 7, 2007
Sold by
Pine Grove Developers Llc
Bought by
Dougall Cliff and Dougall Marcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,780
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Ospina Javier Andres $360,000 Weintraub & Weintraub Pa
Morris Jeff H $131,000 Aaa Premier Title
Dougall Cliff $250,295 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaviria Javier Andres Ospin $44,840
Closed Gaviria Javier Andres Ospin $11,044
Open Ospina Javier Andres $349,969
Previous Owner Dougall Cliff $237,780
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2022 03/18/22 Sold $360,000 +4.3% $162 / Sq Ft
02/16/2022 02/16/22 Pending -- -- --
10/28/2021 10/28/21 For Sale $345,000 -- $155 / 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 $6,748 $330,000 -- --
2023 $6,116 $300,000 $0 $300,000
2022 $5,262 $239,691 $0 $0
2021 $4,772 $222,000 $0 $222,000
2020 $4,417 $205,000 $0 $205,000
2019 $4,122 $192,000 $0 $192,000
2018 $3,573 $167,000 $0 $167,000
2017 $3,210 $159,000 $0 $0
2016 $3,099 $135,300 $0 $0
2015 $2,752 $123,000 $0 $0
2014 $2,471 $112,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeff Morris

    Seller's Agent in 2022

    Jeff Morris

    Drake Alexander Realty Group

    (561) 289-1972

    2 in this area

    2 Total Sales

    Jeff Morris
    Section Image

  • O

    Buyer's Agent in 2022

    Olga Avila

    Partnership Realty Inc.

    (561) 351-3888

    15 in this area

    41 Total Sales

    Olga Avila
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10755330

BeachesMLS

APN: 18-42-44-25-40-003-0040

Florida Palm Beach County Greenacres 33463

5828 Erik Way, Greenacres, FL

This home is located at 5828 Erik Way, Greenacres, FL 33463 since 28 October 2021 and is currently estimated at $414,399, approximately $186 per square foot. This property was built in 2007. 5828 Erik Way is a home located in Palm Beach County with nearby schools including Lake Worth High School, Heritage Elementary School, and Tradewinds Middle 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.

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