See Home Value
$375,806*
House - Off Market

5162 Michael Drive

West Palm Beach, FL 33417
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1640 Sqft
$320,000 - $390,000
Reference Base Price*
5.86%
Since Feb 1, 2023
National-US
Primary Model
Sold Feb 10, 2023
$330,000
$231,000 by Swift Home Loans Inc
Mortgage Due Mar 01, 2053
Sold Oct 25, 2021
$230,000
$345,000 by Open Mortgage Llc
Mortgage Due Jul 20, 2089

About This Property

2 bd, 2 ba; 1,640 sqft (with an extra BONUS room to be used however you wish!!)-NO MEMBERSHIP FEE-NO HOA APPLICATION FEE (BONUS!)-Fresh paint throughout home-Open Concept -New Kitchen with Quartz countertops and large kitchen island-New Bathroom vanity cabinets-New quality water resistant floors (BONUS!) -3rd room can be used as a Den/Office or anything else. (BONUS!)-popcorn ceiling removed -Roof 10 yrs old-New electric garage door opener-Corner Lot House (BONUS!)-Turnkey, Move In Ready!55+ Community with resort style amenities You won't want to miss this beauty!!ALL MEASUREMENTS ARE APPROXIMATE.

The manager has listed the unit size as 1640 square feet.
Unit Size
1,640Ft²
Days on Market
-
Land Size
-
Price per sqft
$216
Property Type
House
Property Taxes
$117
HOA Dues
$332
Year Built
1979

Price History

Date / Event Date Event Price
Feb 10, 2023 Sold to Alejandro Aristotele Arteag... $330,000
Sold to Alejandro Aristotele Arteag...
Jan 2, 2023 No longer available -
No longer available
Oct 3, 2022 Price Decreased $355,000
↓ $10K (2.7%)
Price Decreased
Sep 25, 2022 Price Decreased $365,000
↓ $4K (1.1%)
Price Decreased
Aug 29, 2022 Price Increased $369,000
↑ $4K (1.1%)
Price Increased
Show More

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 285
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,327
  • Lot Size Depth Feet: 420
  • Lot Size Frontage Feet: 1,730
  • Total Building Area: 1,925
  • Gross Building Area: 1,925
  • Building Area: 1,640
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,640
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CYPRESS LAKES PL 2
  • Land Acres: 0.168
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CYPRESS LAKES PL 2 LOT 370

Ownership

  • Current Owner : CHAVEZ SHIRLEY
  • Current Owner 2: ARTEAGA ALEJANDRO ARISTOTELES
  • Previous Owner : RODRIGUEZ JULIETA
  • Owner Before Previous Owner: TYLICKI NANCY
  • Owner Before Previous Owner 2: NEFZGER SUSAN ABBEY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 001907

Zoning

  • Zoning: RS

Geography

  • Assessors Map Reference: 126
  • Parcel: 00-42-43-14-02-000-3700
  • Lot: 370
  • Meridian: SEC 14 TWN 43S RNG 42E
  • Municipality: UNINCORPORATED
  • Latitude: 26.7296
  • Longitude: -80.1211

    Address

  • Full Address: 5162 Michael Dr
  • Address - House Number: 5162
  • Address - Street Name: Michael
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: West Palm Beach
  • Carrier Code: C072
  • 4-Digit Zip Code: 1018
  • Zip Code: 33417

Valuation

    Tax

  • Total Area: 1,768
  • Tax Year: 2022
  • Tax Amount: $2,094
  • Tax Rate Code Area: 192

    Appraisal Valuation

  • Standard Deviation: 0.0858
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 93
  • Final Value: 358,403
  • High Value: 389,187
  • Low Value: 327,619

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $231,000
  • First Open Lien Mortgage Lender: SWIFT HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Feb 10, 2023
  • First Open Lien Mortgage Loan Amount: $231,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2053

    Market Valuation

  • Market Total Value: $194,857
  • Market Land Value: $74,825
  • Market Improvement Value: $120,032

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $133,117

    Sales

  • Current Sale Contract Date: Feb 07, 2023
  • Current Sale Recording Date: Feb 10, 2023
  • Current Sale Transaction ID: 11902338379
  • Current Sale Price: $330,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 47834
  • Previous Sale Recording Date: Oct 25, 2021
  • Previous Sale Contract Date: Oct 14, 2021
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SWIFT HOME LOANS INC
  • First Mortgage Transaction Date: Feb 10, 2023
  • First Mortgage Loan Amount: $231,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: OPEN MORTGAGE LLC
  • Previous Mortgage Transaction Date: Oct 25, 2021
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $345,000
  • Previous Mortgage Term: 812
  • Previous Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)
  • Previous Mortgage Loan Due Date: Jul 20, 2089



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
2 Baths
1,434 ft²
$258/ft²
$369,900 Nov 4, 2022
-
$657/mo
House
2 Beds
2 Baths
949 ft²
$304/ft²
$288,900 Apr 8, 2023
-
$506/mo
Townhouse
2 Beds
2.5 Baths
1,350 ft²
$250/ft²
$337,000 Apr 8, 2023
-
$702/mo
Townhouse
2 Beds
2 Baths
1,370 ft²
$237/ft²
$324,500 Dec 1, 2022
-
$531/mo
House
3 Beds
2 Baths
1,830 ft²
$218/ft²
$399,000 Nov 8, 2018
-
-
Townhouse
3 Beds
2.5 Baths
1,542 ft²
$243/ft²
$374,900 Mar 4, 2023
-
$625/mo
House
3 Beds
4 Baths
2,561 ft²
$144/ft²
$369,000 Jan 27, 2019
-
-
Condo
3 Beds
2 Baths
1,177 ft²
$272/ft²
$320,000 Apr 10, 2023
-
$747/mo
Condo
3 Beds
2 Baths
1,176 ft²
$246/ft²
$289,000 Jan 18, 2023
-
$883/mo

About Cypress Lakes


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Frequently Asked Questions

When was property at 5162 Michael Drive built and last sold?
The property at 5162 Michael Drive was built in 1979 and last sold on Feb 7, 2023 for $330,000.
How much is this home worth?
The estimated value of the home located at 5162 Michael Drive is $349,438.
What are some comparable homes to 5162 Michael Drive?
There are currently no comparable homes to 5162 Michael Drive.

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