883 Sumter Rd E West Palm Beach, FL 33415
Cannongate Neighborhood
2
Beds
1
Bath
767
Sq Ft
2,688
Sq Ft Lot
Highlights
- Lake Front
- Ceramic Tile Flooring
- Washer and Dryer
- Laundry Room
- Central Heating and Cooling System
- Fenced
About This Home
As of March 2023Beautiful home in the heart of West Palm Beach! Perfect for the first time home buyer or an investor! This awesome 2 BEDROOM/1 BATHROOM villa has a BRAND NEW ROOF!! Freshly painted interior and newer appliances. Enjoy peaceful lake views from the large fenced in backyard. Very low HOA fee. Close to shopping malls, restaurants, turnpike, I-95 downtown area and beaches.
Last Agent to Sell the Property
RE/MAX Direct License #662712 Listed on: 10/06/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,185
Year Built
- Built in 1980
Lot Details
- 2,688 Sq Ft Lot
- Lake Front
- Fenced
- Property is zoned RM
HOA Fees
- $28 Monthly HOA Fees
Parking
- Over 1 Space Per Unit
Home Design
- Villa
- Shingle Roof
- Composition Roof
Interior Spaces
- 767 Sq Ft Home
- 1-Story Property
- Ceramic Tile Flooring
- Lake Views
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Washer and Dryer
Utilities
- Central Heating and Cooling System
Community Details
- Association fees include common areas
- Cannongate 1 Subdivision
Listing and Financial Details
- Assessor Parcel Number 00424402140001360
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 6, 2022
Closed on
Mar 14, 2023
Sold by
Salisbury William C
Bought by
Marrero Damian Perez and Perez Diana M
Seller's Agent
Karen Shaub-Gorham
RE/MAX Direct
Buyer's Agent
DeeDee Rodriguez
Coldwell Banker Realty
List Price
$245,000
Sold Price
$245,000
Views
75
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,719
Avg. Annual Appreciation
6.70%
Original Mortgage
$196,000
Outstanding Balance
$190,902
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$95,176
Purchase Details
Closed on
Feb 21, 2014
Sold by
Terranova John
Bought by
Salisbury William C
Purchase Details
Listed on
Feb 18, 2012
Closed on
Apr 12, 2012
Sold by
Federal National Mortgage Association
Bought by
Terranova John
Seller's Agent
Keith Bettenhausen
W1 Real Estate Inc
Buyer's Agent
Barry Gardner
Atlantic Florida Properties Inc
List Price
$49,900
Sold Price
$42,000
Premium/Discount to List
-$7,900
-15.83%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.49%
Purchase Details
Closed on
Jul 1, 2011
Sold by
Salomon Alexey
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Feb 13, 2004
Sold by
Reyes Alfonso and Suarez Ruby N
Bought by
Salomon Alexey
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 13, 2002
Sold by
Rodriguez Cristobal
Bought by
Reyes Alfonso
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,498
Interest Rate
6.4%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 10, 1997
Sold by
Hennessy Paul J and Hennessy Diane L
Bought by
Rodriguez Cristobal
Similar Homes in West Palm Beach, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $245,000 | -- | |
| Warranty Deed | -- | Attorney | |
| Special Warranty Deed | $42,000 | Attorney | |
| Trustee Deed | $26,300 | None Available | |
| Warranty Deed | $85,000 | Palm Beach Land Title Corp | |
| Warranty Deed | $64,000 | -- | |
| Warranty Deed | $43,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $196,000 | New Conventional | |
| Previous Owner | $63,700 | Credit Line Revolving | |
| Previous Owner | $76,500 | Purchase Money Mortgage | |
| Previous Owner | $63,498 | FHA | |
| Closed | $0 | No Value Available | |
| Closed | $23,300 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/15/2023 03/15/23 | Sold | $245,000 | 0.0% | $319 / Sq Ft |
| 02/12/2023 02/12/23 | Price Changed | $245,000 | +8.9% | $319 / Sq Ft |
| 11/05/2022 11/05/22 | Price Changed | $225,000 | -4.3% | $293 / Sq Ft |
| 10/10/2022 10/10/22 | Price Changed | $235,000 | -4.1% | $306 / Sq Ft |
| 10/06/2022 10/06/22 | For Sale | $245,000 | +483.3% | $319 / Sq Ft |
| 04/12/2012 04/12/12 | Sold | $42,000 | -15.8% | $55 / Sq Ft |
| 03/13/2012 03/13/12 | Pending | -- | -- | -- |
| 02/18/2012 02/18/12 | For Sale | $49,900 | -- | $65 / Sq Ft |
Source: BeachesMLS
Tax History Compared to Growth
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 | $4,264 | $234,298 | -- | -- |
| 2023 | $2,850 | $106,924 | $0 | $0 |
| 2022 | $2,625 | $97,204 | $0 | $0 |
| 2021 | $2,185 | $125,141 | $0 | $125,141 |
| 2020 | $2,051 | $116,430 | $49,300 | $67,130 |
| 2019 | $2,007 | $117,510 | $49,300 | $68,210 |
| 2018 | $1,739 | $102,698 | $33,659 | $69,039 |
| 2017 | $1,492 | $78,118 | $26,927 | $51,191 |
| 2016 | $1,320 | $54,869 | $0 | $0 |
| 2015 | $1,237 | $49,881 | $0 | $0 |
| 2014 | $1,097 | $41,164 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2023
Karen Shaub-Gorham
RE/MAX
(561) 722-7085
3 in this area
61 Total Sales
-
Buyer's Agent in 2023
DeeDee Rodriguez
Coldwell Banker Realty
(561) 853-8493
2 in this area
43 Total Sales
-
K
Seller's Agent in 2012
Keith Bettenhausen
W1 Real Estate Inc
-
Buyer's Agent in 2012
Barry Gardner
Atlantic Florida Properties Inc
(561) 234-0732
32 Total Sales
Map
Source: BeachesMLS
MLS Number: R10836828
APN: 00-42-44-02-14-000-1360
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.
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.
Nearby Homes
- 968 Sumter Rd W
- 911 Sumter Rd W
- 773 Pipers Cay Dr
- 5117 Society Place W Unit C
- 882 Pipers Cay Dr
- 1158 Summit Trail Cir Unit B
- 864 Chase Rd
- 867 Pipers Cay Dr
- 865 Pipers Cay Dr
- 829 Pipers Cay Dr Unit 88
- 1098 Winding Rose Way
- 5138 White Oleander
- 799 Hill Dr Unit F
- 1101 Summit Place B Cir Unit B
- 5210 White Oleander
- 857 Scott Dr
- 5183 Cannon Way
- 877 Coral Dr
- 662 Dixie Ln
- 5473 Berry Blossom Way E