NOT LISTED FOR SALE

840 Marina Del Ray Ln Unit 5 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $310,430 - $365,000

2 Beds
2.5 Baths
1,448 Sq Ft
$234/Sq Ft Est. Value

Last Sold January 07, 2021

Last sale price $237,000 $164 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,635/month

70 Days on Market

Highlights

  • Gated with Attendant
  • Clubhouse
  • Den
  • Lake View
  • Community Pool
  • Community Wi-Fi

About This Home

As of January 2021

Owner spared NO expense renovating this amazing 3-level townhome in beautiful and desirable community of Cityside! With over 1,440 SF, this exceptional 2 bedroom, 2.5 bath, 1 car garage home is remarkably designed and boasts new water-resistant vinyl flooring, completely renovated chef's kitchen with all new wood cabinets, Quartz counter tops, stainless steel appliances and decorative tile backsplash. Both full bathrooms updated with new flooring, vanities, toilets, fixtures, lighting and more! Stunning new shower with frameless shower door and decorative mosaic tile inlays. Freshly painted throughout with new LED lighting, new fans, fixtures and so much more! Centrally located within minutes from downtown West Palm Beach, I-95 and PBI Airport, Cityside is a highly sought-after community

Last Agent to Sell the Property

DEREK LAMBROU

Village Realty Group LLC License #3266528 Listed on: 09/28/2020

Last Buyer's Agent

Nancy Stamatakis

Chubbs Realty Group, LLC License #3025733

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,745

Year Built

  • Built in 2005

Lot Details

  • 4.23

HOA Fees

  • $510 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway
  • Assigned Parking

Home Design

  • Concrete Roof

Interior Spaces

  • 1,448 Sq Ft Home
  • 3-Story Property
  • Custom Mirrors
  • Ceiling Fan
  • Entrance Foyer
  • Family Room
  • Open Floorplan
  • Den
  • Vinyl Flooring
  • Lake Views
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 74434317310060035

Community Details

Overview

  • Association fees include management, common areas, cable TV, hot water, insurance, legal/accounting, ground maintenance, maintenance structure, pest control, pool(s), reserve fund, roof, sewer, security, trash, water, internet
  • 375 Units
  • Cityside Condo Subdivision

Amenities

  • Clubhouse
  • Business Center
  • Community Wi-Fi

Recreation

  • Community Pool

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,745

Year Built

Built in 2005

Lot Details

0

HOA Fees

$510 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: From I-95: East on Palm Beach Lakes, South on Congress Ave, At first light (Hank Aaron Blvd) turn right into community. Present guard at gate with photo ID and business card.
  • Year Built: 2005
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Entrance Foyer, Eat-in Kitchen, Kitchen/Dining Combo, Living/Dining Room, Custom Mirrors, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Vinyl
  • Living Area: 1448.0
  • Dining Room Type: Den, Family Room, Laundry, Storage Room
  • Stories: 3

Exterior Features

  • View: Lake
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Attached, Driveway, Garage

Utilities

  • Security: Security System, Gated with Guard, Security Guard, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 510.0
  • Community Features: Clubhouse, Gated, Internet Access, Property Manager On-Site, Pool, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Business Center, Clubhouse, Management, Pool
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Hot Water, Insurance, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Pest Control, Pool(s), Reserve Fund, Roof, Sewer, Security, Trash, Water, Internet

Lot Info

  • Parcel #: 74434317310060035
  • Zoning Description: MF32(c

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3745.0

Multi Family

  • Number Of Units In Community: 375

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2020
Closed on
Jan 7, 2021
Sold by
Robert Floyd Realty Inc
Bought by
Julien Gennady
Seller's Agent
DEREK LAMBROU
Village Realty Group LLC
Buyer's Agent
Nancy Stamatakis
Chubbs Realty Group, LLC
List Price
$239,900
Sold Price
$237,000
Premium/Discount to List
-$2,900
-1.21%
Current Estimated Value
$338,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,108
Avg. Annual Appreciation
7.67%
Original Mortgage
$50,000
Outstanding Balance
$44,688
Interest Rate
2.79%
Mortgage Type
New Conventional
Estimated Equity
$293,420

Purchase Details

Listed on
Jun 19, 2020
Closed on
Jul 9, 2020
Sold by
Pickett Robin R
Bought by
Robert Floyd Realty Inc
Seller's Agent
Salvo Calafiore
Illustrated Properties LLC (Jupiter)
Buyer's Agent
DEREK LAMBROU
Village Realty Group LLC
List Price
$170,000
Sold Price
$167,500
Premium/Discount to List
-$2,500
-1.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
100.20%

Purchase Details

Listed on
Jan 10, 2019
Closed on
Dec 10, 2019
Sold by
Gaviria Juan C and Collazo Maria E
Bought by
Pickett Robin R
Seller's Agent
Juan Gaviria
Envirotek Realty
List Price
$195,000
Sold Price
$170,000
Premium/Discount to List
-$25,000
-12.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.52%

Purchase Details

Closed on
Oct 23, 2018
Sold by
Macabo Llc
Bought by
Gaviria Juan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 15, 2016
Closed on
Aug 22, 2016
Sold by
New Urban Opportunities 1 Llc
Bought by
Macabo Llc
Seller's Agent
Juan Gaviria
Envirotek Realty
Sold Price
$1,500

Purchase Details

Closed on
Jan 20, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
New Urban Opportunities 1 Llc

Purchase Details

Closed on
Aug 26, 2010
Sold by
Tercanoglu Ekrem and Tercanoglu Hulya
Bought by
Chase Home Finance Llc

Purchase Details

Closed on
Jul 8, 2010
Sold by
Chase Home Finance Llc
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Dec 13, 2005
Sold by
Communities Finance Co Llc
Bought by
Tercanoglu Ekem

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,340
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac
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
Julien Gennady $237,000 Trident Title
Robert Floyd Realty Inc $167,500 Trident Title
Pickett Robin R $170,000 Alliance T&E Group Llc
Gaviria Juan C -- Windmill Title Company
Macabo Llc $140,000 Mellinger Title Services Llc
New Urban Opportunities 1 Llc $81,500 New House Title
Chase Home Finance Llc $40,100 Attorney
Federal Home Loan Mortgage Corp -- New House Title
Tercanoglu Ekem $231,490 Wci Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Julien Gennady $50,000
Open Julien Gennady $163,276
Previous Owner Gaviria Juan C $122,500
Previous Owner Tercanoglu Ekem $208,340
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/07/2021 01/07/21 Sold $237,000 -1.2% $164 / Sq Ft
12/08/2020 12/08/20 Pending -- -- --
09/28/2020 09/28/20 For Sale $239,900 +43.2% $166 / Sq Ft
07/10/2020 07/10/20 Sold $167,500 -1.5% $116 / Sq Ft View Prior Sale
06/19/2020 06/19/20 For Sale $170,000 0.0% $117 / Sq Ft
12/10/2019 12/10/19 Sold $170,000 -8.1% $117 / Sq Ft View Prior Sale
11/25/2019 11/25/19 Pending -- -- --
09/12/2019 09/12/19 Price Changed $185,000 0.0% $128 / Sq Ft
06/06/2019 06/06/19 Rented $1,700 -99.1% --
05/30/2019 05/30/19 Under Contract -- -- --
05/07/2019 05/07/19 Price Changed $189,500 0.0% $131 / Sq Ft
04/23/2019 04/23/19 Price Changed $1,775 -4.1% $1 / Sq Ft
03/19/2019 03/19/19 For Rent $1,850 0.0% --
01/10/2019 01/10/19 For Sale $195,000 0.0% $135 / Sq Ft
10/01/2016 10/01/16 Rented $1,500 0.0% --
09/12/2016 09/12/16 Under Contract -- -- --
09/01/2016 09/01/16 Price Changed $1,500 -6.3% $1 / Sq Ft
08/25/2016 08/25/16 Price Changed $1,600 -5.3% $1 / Sq Ft
08/15/2016 08/15/16 For Rent $1,690 +16.6% --
09/25/2014 09/25/14 Rented $1,450 0.0% --
09/25/2014 09/25/14 For Rent $1,450 +11.5% --
04/05/2012 04/05/12 Rented $1,300 -3.7% --
03/06/2012 03/06/12 Under Contract -- -- --
11/16/2011 11/16/11 For Rent $1,350 -- --
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 $4,218 $238,384 -- --
2023 $4,103 $231,441 $0 $0
2022 $4,046 $224,700 $0 $0
2021 $3,632 $158,000 $0 $158,000
2020 $3,600 $155,000 $0 $155,000
2019 $3,746 $160,000 $0 $160,000
2018 $3,177 $140,000 $0 $140,000
2017 $2,976 $130,000 $0 $0
2016 $2,477 $105,000 $0 $0
2015 $2,790 $108,900 $0 $0
2014 $2,550 $99,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • DEREK LAMBROU

    Seller's Agent in 2021

    DEREK LAMBROU

    Village Realty Group LLC

    (561) 568-6471

    5 in this area

    196 Total Sales

    DEREK LAMBROU
    Section Image

  • N

    Buyer's Agent in 2021

    Nancy Stamatakis

    Chubbs Realty Group, LLC

    (602) 741-0599

    6 in this area

    72 Total Sales

    Nancy Stamatakis
    Section Image

  • S

    Seller's Agent in 2020

    Salvo Calafiore

    Illustrated Properties LLC (Jupiter)

    (561) 209-7900

    42 Total Sales

    Salvo Calafiore
    Section Image

  • J

    Seller's Agent in 2019

    Juan Gaviria

    Envirotek Realty

    (239) 417-5376

    57 Total Sales

    Juan Gaviria
    Section Image

  • S

    Seller Co-Listing Agent in 2016

    Sandra Devia

    Fortex Realty Inc

    (786) 233-6931

    17 Total Sales

    Sandra Devia
    Section Image
  • Viviana Fernandez

    Seller's Agent in 2014

    Viviana Fernandez

    Urban Choices Realty LLC

    (754) 422-2786

    35 Total Sales

    Viviana Fernandez
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10658697

BeachesMLS

APN: 74-43-43-17-31-006-0035

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

840 Marina Del Ray Ln Unit 5, West Palm Beach, FL

This home is located at 840 Marina Del Ray Ln Unit 5, West Palm Beach, FL 33401 since 28 September 2020 and is currently estimated at $338,108, approximately $233 per square foot. This property was built in 2005. 840 Marina Del Ray Ln Unit 5 is a home located in Palm Beach County with nearby schools including Westward Elementary School, Bear Lakes Middle School, and Palm Beach Lakes 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.

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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