NOT LISTED FOR SALE

976 Sumter Rd E West Palm Beach, FL 33415

Cannongate Neighborhood

Estimated Value: $277,107 - $321,000

2 Beds
1 Bath
775 Sq Ft
$384/Sq Ft Est. Value

Last Sold May 16, 2012

Last sale price $43,000 $55 Per Sq Ft

Est. 593% increase in value since last sale

Current estimated payment $1,645/month

48 Days on Market

Highlights

  • Ceramic Tile Flooring
  • North Facing Home
  • 1-Story Property
  • Central Heating and Cooling System
  • Villa

About This Home

As of May 2012

FANNIE MAE PROPERTY! You will fall in love with this well kept villa in central west palm beach! This home features a spacious yard and laminate flooring throughout with two nice sized bedrooms. This home appears move in ready. Amenities nearby. ~~~PURCHASE THIS HOME FOR AS LITTLE AS 3% DOWN. This property is approved for HOMEPATH MORTGAGE FINANCING AND HOMEPATH RENOVATION~~~This is a great financing opportunity! Check out Homepath for Special Offers and more details. Eligibility restrictions apply. Property must be listed on the MLS for 3 days before offers are considered, and 15 days before investors offers are considered **HOA STATES NO PET RESTRICTIONS OR BUYER APPROVAL PROCESS REQUIRED. NO RENTAL RESTRICTIONS. HOA DUES COVER, COMMON AREA, LIGHTS A... (see supplement for full remarks)

Last Agent to Sell the Property

Jaime Nelson Francfort

ERA Home Run Real Estate License #3049190 Listed on: 02/27/2012

Last Buyer's Agent

Lilian Moreira

Inactive Member License #3145856

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • North Facing Home
  • Property is zoned Rm

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Villa

Interior Spaces

  • 775 Sq Ft Home
  • 1-Story Property

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • Cannongate 01A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00424402140001010

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Villa
  • Property Sub Type Additional: Condominium,Villa
  • Directions: SUMMIT BLVD, NORTH ON HARERS FERRY, TO SUMTER
  • Year Built: 1980
  • Special Features: RealEstateOwned

Interior Features

  • Interior Amenities: Tub Shower
  • Furnished: Unfurnished
  • Appliances: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Vinyl
  • Living Area: 775.0
  • Stories: 1

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Direction Faces: North

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 21.0
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 00424402140001010
  • Zoning Description: Rm

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 1343.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2012
Closed on
May 15, 2012
Sold by
Fannie Mae
Bought by
Perez Luis M
Seller's Agent
Jaime Nelson Francfort
ERA Home Run Real Estate
Buyer's Agent
Lilian Moreira
Inactive Member
List Price
$52,900
Sold Price
$43,000
Premium/Discount to List
-$9,900
-18.71%
Current Estimated Value
$297,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,777
Avg. Annual Appreciation
15.23%
Original Mortgage
$42,221
Outstanding Balance
$29,523
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$268,254

Purchase Details

Closed on
Nov 30, 2011
Sold by
Cain Tara M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 29, 2005
Sold by
Cain Charles Larry
Bought by
Cain Tara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records
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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
Perez Luis M $43,000 Title & Abstract Agency Of A
Federal National Mortgage Association $30,100 None Available
Cain Tara $85,000 Palm Beach Land Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Luis M $42,221
Previous Owner Cain Tara $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2012 05/16/12 Sold $43,000 -18.7% $55 / Sq Ft
04/16/2012 04/16/12 Pending -- -- --
02/27/2012 02/27/12 For Sale $52,900 -- $68 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $802 $47,932 -- --
2024 $802 $46,581 -- --
2023 $766 $45,224 $0 $0
2022 $750 $43,907 $0 $0
2021 $704 $42,628 $0 $0
2020 $687 $42,039 $0 $0
2019 $677 $41,094 $0 $0
2018 $621 $40,328 $0 $0
2017 $570 $39,499 $0 $0
2016 $560 $38,687 $0 $0
2015 $560 $38,418 $0 $0
2014 $558 $38,113 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jaime Nelson Francfort

    ERA Home Run Real Estate

  • L

    Buyer's Agent in 2012

    Lilian Moreira

    Inactive Member

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R3262867

BeachesMLS (Greater Fort Lauderdale)

APN: 00-42-44-02-14-000-1010

Florida Palm Beach County West Palm Beach 33415 Cannongate

976 Sumter Rd E, West Palm Beach, FL

Not Listed for Sale

Detached

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