PENDING
$30K PRICE DROP
5000 Lake Ave West Palm Beach, FL 33405
Dreher Park NeighborhoodEstimated payment $2,101/month
Total Views
2,602
3
Beds
1
Bath
850
Sq Ft
$375
Price per Sq Ft
Highlights
- RV Access or Parking
- Garden View
- Balcony
- Wood Flooring
- Corner Lot
- Open Patio
About This Home
NEWLY PRICED!!! Owner says sell! Lowest priced investment in The Gardens neighborhood of West Palm Beach corner of Lake and Green. Located in a high-appreciation area with strong rental demand--ideal for a family for long-term investment or can be an Airbnb. No HOA restrictions, giving you flexibility for renovations and use. Neighborhood undergoing explosive growth! Corporate-owned asset, needs a new roof. Roof quote $7k. 2 year old water heater and AC 4 years old as per owner. Recent sale for same style, size and neighborhood went for $485k remodeled. Serious offers considered.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,888
Year Built
- Built in 1950
Lot Details
- 6,185 Sq Ft Lot
- Fenced
- Corner Lot
- Property is zoned SF7(ci
Home Design
- Frame Construction
- Shingle Roof
- Composition Roof
Interior Spaces
- 850 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Blinds
- French Doors
- Florida or Dining Combination
- Garden Views
- Electric Range
- Laundry Room
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Parking
- Over 1 Space Per Unit
- Driveway
- RV Access or Parking
Outdoor Features
- Balcony
- Open Patio
Schools
- Palmetto Elementary School
- Conniston Community Middle School
- Forest Hill High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- Lakeview Ridge Subdivision, Bungalow Ranch Floorplan
Listing and Financial Details
- Assessor Parcel Number 74434404060001850
Map
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Home Values in the Area
Average Home Value in this Area
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 | $3,792 | $213,289 | -- | -- |
| 2023 | $4,226 | $233,289 | $180,000 | $53,289 |
| 2022 | $1,437 | $96,954 | $0 | $0 |
| 2021 | $1,410 | $94,130 | $0 | $0 |
| 2020 | $1,389 | $92,830 | $0 | $0 |
| 2019 | $1,358 | $90,743 | $0 | $0 |
| 2018 | $1,234 | $89,051 | $0 | $0 |
| 2017 | $1,183 | $87,219 | $0 | $0 |
| 2016 | $1,166 | $85,425 | $0 | $0 |
| 2015 | $1,737 | $61,394 | $0 | $0 |
| 2014 | $1,591 | $55,813 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/13/2025 04/13/25 | Pending | -- | -- | -- |
| 04/07/2025 04/07/25 | Price Changed | $319,000 | -8.6% | $375 / Sq Ft |
| 03/20/2025 03/20/25 | For Sale | $349,000 | 0.0% | $411 / Sq Ft |
| 03/01/2024 03/01/24 | Rented | $2,400 | 0.0% | -- |
| 02/28/2024 02/28/24 | Under Contract | -- | -- | -- |
| 02/26/2024 02/26/24 | For Rent | $2,400 | +71.4% | -- |
| 04/30/2016 04/30/16 | For Rent | $1,400 | 0.0% | -- |
| 04/30/2016 04/30/16 | Rented | $1,400 | +3.7% | -- |
| 09/01/2015 09/01/15 | Rented | $1,350 | 0.0% | -- |
| 08/02/2015 08/02/15 | Under Contract | -- | -- | -- |
| 07/25/2015 07/25/15 | For Rent | $1,350 | +28.6% | -- |
| 08/24/2013 08/24/13 | Rented | $1,050 | -12.5% | -- |
| 07/25/2013 07/25/13 | Under Contract | -- | -- | -- |
| 07/09/2013 07/09/13 | For Rent | $1,200 | 0.0% | -- |
| 06/04/2012 06/04/12 | Sold | $68,000 | -24.4% | $80 / Sq Ft |
| 05/05/2012 05/05/12 | Pending | -- | -- | -- |
| 04/09/2012 04/09/12 | For Sale | $89,900 | +24.0% | $106 / Sq Ft |
| 03/12/2012 03/12/12 | Sold | $72,500 | -13.7% | $85 / Sq Ft |
| 02/11/2012 02/11/12 | Pending | -- | -- | -- |
| 12/19/2011 12/19/11 | For Sale | $84,000 | -- | $99 / Sq Ft |
Source: BeachesMLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $450,000 | Bee'S Title Insurance Agency | |
| Warranty Deed | $319,000 | Edgar A Benes Pa | |
| Warranty Deed | $250,000 | Trident Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Trustee Deed | -- | None Available | |
| Trustee Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $255,200 | New Conventional | |
| Previous Owner | $175,000 | New Conventional | |
| Previous Owner | $60,000 | Stand Alone Second | |
| Previous Owner | $5,000 | Unknown | |
| Previous Owner | $6,250 | New Conventional |
Source: Public Records
Similar Homes in West Palm Beach, FL
Source: BeachesMLS
MLS Number: R11074665
APN: 74-43-44-04-06-000-1830
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