NOT LISTED FOR SALE

Estimated Value: $166,000 - $181,010

2 Beds
2 Baths
1,081 Sq Ft
1977 Built

Last Sold February 01, 2019

Last sale price $85,000 $79 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $1,129/month

215 Days on Market

Highlights

  • Clubhouse
  • Community Pool
  • Patio
  • Screened Porch
  • Elevator
  • Ceramic Tile Flooring

About This Home

As of February 2019

This 2/2 condo in the heart of West Palm Beach offers a community pool, gated entrance, and covered parking. Enter the condo to an open floor plan, light and bright with a covered balcony. Come to add your design touches to the best-valued listing in the community. Close to the airport, outlet malls, fine dining, shopping and entertainment

Last Agent to Sell the Property

David Deschino

Golden Bridge Collective LLC License #3057078 Listed on: 10/31/2018

Last Buyer's Agent

Julie Sheffy

LPT Realty, LLC License #709219

LPT Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,572

Year Built

  • Built in 1977

Home Design

  • Tar and Gravel Roof

Interior Spaces

  • 1,081 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Screened Porch

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Stacked Bedrooms
  • 2 Full Bathrooms

Parking

  • Garage
  • 1 Carport Space
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Municipal Trash

Additional Features

  • Patio
  • North Facing Home

Listing and Financial Details

  • Assessor Parcel Number 74434319140001110

Community Details

Overview

  • Association fees include common areas, pest control
  • Spencer Place Condo Subdivision

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Phone Entry

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,572

Year Built

Built in 1977

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: 1-95 WEST ON PALM BEACH LAKES BOULEVARD TO SPENCER DRIVE MAKE LEFT BUILDING ON THE RIGHT.
  • Year Built: 1977
  • Carport Y N: Yes
  • DelayedMarketingYN: No
  • Special Features: 5120

Interior Features

  • Interior Amenities: Living/Dining Room, Stacked Bedrooms, Tub Shower
  • Furnished: Unfurnished
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1081.0
  • Stories: 4

Exterior Features

  • Exterior Features: Outdoor Living Area, Porch
  • View: Other
  • Pool Features: Association
  • Pool Private: No
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Covered, Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Tar/Gravel

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Carport Spaces: 1.0
  • Garage Yn: No
  • Parking Features: Assigned, Garage

Utilities

  • Other Equipment: None
  • Security: Phone Entry
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 404.0
  • Pets Allowed: Yes
  • Community Features: Street Lights
  • Senior Community: No
  • Amenities: Clubhouse, Pool, Parking, Sidewalks, Trash, Elevator(s)
  • Pets Allowed: Pet Restrictions, Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Pest Control

Lot Info

  • Parcel #: 74434319140001110
  • Mobile Dim Units: Feet
  • Zoning: RES

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1571.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2018
Closed on
Jan 30, 2019
Sold by
Omidi Mahbod and Omidi Mahboo
Bought by
Gillispie Alex R and Gillispie Alex
Seller's Agent
David Deschino
Golden Bridge Collective LLC
Buyer's Agent
Julie Sheffy
LPT Realty, LLC
List Price
$109,900
Sold Price
$85,000
Premium/Discount to List
-$24,900
-22.66%
Current Estimated Value
$176,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,253
Avg. Annual Appreciation
10.77%
Original Mortgage
$63,750
Outstanding Balance
$55,599
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$120,654

Purchase Details

Listed on
Nov 13, 2015
Closed on
Feb 4, 2016
Sold by
Federal National Mortgage Association
Bought by
Omidi Mahbod
Seller's Agent
Michelle Daniels
The Real Estate Office Co.
Buyer's Agent
Danielle Calecas
Premier Listings
List Price
$68,500
Sold Price
$59,900
Premium/Discount to List
-$8,600
-12.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.42%

Purchase Details

Closed on
Oct 26, 2015
Sold by
Allison Thomas S and Allison Glenda Cheryl
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 9, 2004
Sold by
Smith Thomas G
Bought by
Allison Thomas and Allison Glenda Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,400
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2004
Sold by
Hobbs Robert E
Bought by
Smith Thomas G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2001
Sold by
Gislele Lowe I
Bought by
Hobbs Robert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,650
Interest Rate
7.02%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gillispie Alex R $85,000 Home Partners Title Services
Omidi Mahbod $59,900 Title & Abstract Agency Of A
Federal National Mortgage Association -- Attorney
Allison Thomas $103,000 Landmark Title Of Florida In
Smith Thomas G $85,000 --
Hobbs Robert E $47,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gillispie Alex R $63,750
Previous Owner Allison Thomas $74,400
Previous Owner Smith Thomas G $85,000
Previous Owner Hobbs Robert E $44,650
Closed Allison Thomas $9,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/01/2019 02/01/19 Sold $85,000 -22.7% $79 / Sq Ft
01/02/2019 01/02/19 Pending -- -- --
05/15/2018 05/15/18 For Sale $109,900 +83.5% $102 / Sq Ft
02/04/2016 02/04/16 Sold $59,900 -12.6% $55 / Sq Ft View Prior Sale
01/05/2016 01/05/16 Pending -- -- --
11/13/2015 11/13/15 For Sale $68,500 0.0% $63 / Sq Ft
02/01/2012 02/01/12 Rented $825 -5.7% --
02/01/2012 02/01/12 Under Contract -- -- --
09/19/2011 09/19/11 For Rent $875 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

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 $2,540 $111,272 -- --
2024 $2,540 $101,156 -- --
2023 $2,427 $91,960 $0 $0
2022 $2,235 $83,600 $0 $0
2021 $1,849 $76,000 $0 $76,000
2020 $1,865 $76,000 $0 $76,000
2019 $1,977 $81,000 $0 $81,000
2018 $1,721 $73,000 $0 $73,000
2017 $1,572 $66,000 $0 $0
2016 $1,512 $62,000 $0 $0
2015 $1,174 $42,592 $0 $0
2014 $1,059 $38,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10432060

BeachesMLS (Greater Fort Lauderdale)

APN: 74-43-43-19-14-000-1110

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