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Sold for $177,500
  • $177,500

    4931 Wedgewood Way #3, West Palm Beach, FL 33417

    2beds
    888sqft
    Condominium
    Built in 1972
    -- sqft lot
    $163,000 Zestimate®
    $200/sqft
    $1,767 Estimated rent

    Home value

    $163,000

    $148,000 - $179,000

    $1,767/mo

    Zestimate® history
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    What's special

    Great opportunity to own income producing property with low expenses and instant return on investment. Sold together with unit 6 in same building also rented (MLS # RX-10860822). Unit occupied by long term tenant. Ground floor apartment has 2 bedrooms and 1 full bathroom with nice open floor plan. Porcelain tile floors and appliances and central AC replaced in 2020, newer water heater and enclosed rear patio. Only 8 units in the building located walking distance to shopping, bus stop and nearby to major highways, Cityplace and beaches. Unit must be purchased together as package with unit #6. Owner is licensed real estate consultant.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jose Pereira 561-252-2040,

    United Realty Group, Inc

    Bought with:

    Pedro Speridiao Bagnoli, 3530818

    Realty Home Advisors Inc

    Source: BeachesMLS,MLS#: R10860816MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Primary bedroom
    • Level: First
    • Area: 210
    • Dimensions: 14 X 15
    Bedroom 2
    • Level: First
    • Area: 154
    • Dimensions: 11 X 14
    Kitchen
    • Level: First
    • Area: 88
    • Dimensions: 8 X 11
    Living room
    • Level: First
    • Area: 260
    • Dimensions: 13 X 20
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Water Heater
    • Laundry: Washer Hookup, Inside, Laundry Closet, None
    Features
    • Living/Dining Room, Stacked Bedrooms, Tub Shower
    • Flooring: Ceramic Tile
    • Windows: Blinds
    Interior area
    • Total structure area: 888
    • Total interior livable area: 888 sqft

    Property

    Parking
    • Parking features: Assigned
    Features
    • Levels: Multi/Split
    • Patio & porch: Covered, Patio, Screened
    • Exterior features: Outdoor Living Area
    • Has view: Yes
    • View description: Garden
    • Waterfront features: None
    Details
    • Parcel number: 00424325140000030
    • Zoning: RH
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Block, Concrete
    • Roof: Mixed
    Condition
    • Resale
    • New construction: No
    • Year built: 1972

    Utilities & green energy

    • Electric: 3 Phase
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Security: Smoke Detector(s), Security Lights
    • Subdivision: CHELSEA OF WEDGEWOOD CONDO
    HOA
    • Has HOA: Yes
    • Amenities included: Sidewalks
    • Services included: Common Areas, Insurance, Maintenance Grounds, Sewer, Water
    • HOA fee: $175 monthly
    Location
    • Region: West Palm Beach

    Financial & listing details

    • Price per square foot: $200/sqft
    • Tax assessed value: $147,000
    • Annual tax amount: $1,399
    • Date on market: 1/24/2023
    • Cumulative days on market: 203 days
    • Listing terms: Cash

    Price history

    DateEventPrice
    1/20/2024Listing removed--
    Source: BeachesMLS #R10944590 Report a problem
    12/21/2023Listed for rent$1,850+42.3%$2/sqft
    Source: BeachesMLS #R10944590 Report a problem
    8/31/2023Sold$177,500-10.8%$200/sqft
    Source: BeachesMLS #R10860816 Report a problem
    8/16/2023Contingent$199,000$224/sqft
    Source: BeachesMLS #RX-10860816 Report a problem
    2/16/2023Price change$199,000-8.7%$224/sqft
    Source: BeachesMLS #RX-10860816 Report a problem
    1/24/2023Listed for sale$218,000+142.8%$245/sqft
    Source: BeachesMLS #RX-10860816 Report a problem
    9/16/2020Listing removed$1,300$1/sqft
    Source: United Realty Group, Inc #RX-10622417 Report a problem
    6/2/2020Price change$1,300-4.4%$1/sqft
    Source: United Realty Group, Inc #RX-10622417 Report a problem
    5/13/2020Listed for rent$1,360$2/sqft
    Source: United Realty Group, Inc #RX-10622417 Report a problem
    3/15/2017Listing removed$89,800$101/sqft
    Source: United Realty Group, Inc #RX-10245419 Report a problem
    11/27/2016Price change$89,800-10%$101/sqft
    Source: United Realty Group, Inc #RX-10245419 Report a problem
    10/20/2016Listed for sale$99,800+33.1%$112/sqft
    Source: United Realty Group, Inc #RX-10245419 Report a problem
    6/30/2016Listing removed$75,000$84/sqft
    Source: United Realty Group, Inc #RX-10245419 Report a problem
    6/23/2016Listed for sale$75,000+53.1%$84/sqft
    Source: United Realty Group, Inc #RX-10245419 Report a problem
    8/15/2011Listing removed$49,000$55/sqft
    Source: Keyes Real Estate Report a problem
    1/1/2011Listed for sale$49,000+63.3%$55/sqft
    Source: Illustrated Properties Real Estate #R3163606 Report a problem
    8/5/2003Sold$30,000+20%$34/sqft
    Source: Public Record Report a problem
    10/4/2001Sold$25,000$28/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,712 +0.3%$147,000
    2024$2,705 +68.1%$147,000 +137.1%
    2023$1,609 +10.4%$62,005 +10%
    2022$1,457 +14.3%$56,368 +10%
    2021$1,275 +3.4%$51,244 +10%
    2020$1,233 +12.5%$46,585 +10%
    2019$1,096 $42,350 -15.3%
    2018$1,096 +9.9%$50,000 +42.9%
    2017$997 +17.5%$35,000 +9.6%
    2016$849 +2.3%$31,944 +10%
    2015$830 +2.5%$29,040 +10%
    2014$809 +18.5%$26,400 +10%
    2013$683 -0.7%$24,000 -7.7%
    2012$688 -9.2%$26,000 -10.3%
    2011$758 +0.1%$29,000
    2010$757 -49.7%$29,000 -58.6%
    2009$1,506 -13.9%$70,088 -25%
    2008$1,749 +5.7%$93,450 +5%
    2007$1,655 -7.1%$89,000
    2006$1,782 $89,000 +67.9%
    2005-- $53,000 +89.3%
    2004$291 +108.9%$28,000 -15.2%
    2003$139 -75.6%$33,000 +50.7%
    2002$569 +315%$21,900
    2001$137 +1.5%$21,900
    2000$135 $21,900
    1999-- $21,900
    Find assessor info on the county website

    Neighborhood: 33417

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $163,000
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    Estimated market value
    $163,000