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Sold for $392,000
  • $392,000

    5314 Lake Ave, West Palm Beach, FL 33405

    3beds
    672sqft
    Single Family Residence
    Built in 1947
    5,225 Square Feet Lot
    $391,000 Zestimate®
    $583/sqft
    $2,211 Estimated rent

    Home value

    $391,000

    $360,000 - $422,000

    $2,211/mo

    Zestimate® history
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    $2,211/mo

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    $2,706/mo

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    What's special

    Private entrancesCozy backyardsMinutes from the beach
    Welcome to your dream oasis—a 2/1 main home and a 1/1 cottage, each with private entrances and cozy backyards. Ideal for living, investing, or house-hacking, this property offers unmatched flexibility. An inviting atmosphere inside the main house and the back yard has so much to offer. The curb appeal is a showstopper, and the location is unbeatable. You're minutes from the beach, airport, highway, and a top hospital. Plus, save on energy with installed solar panels. Whether you're seeking a forever home or a prime investment, this is a slice of paradise you'll be proud to own. Schedule your tour today!"

    Zillow last checked:

    Listing updated:

    Listed by:

    Yasmine Bisumber 954-624-6278,

    Coldwell Banker Realty

    Bought with:

    Yasmine Bisumber, 3340998

    Coldwell Banker Realty

    Source: MIAMI,MLS#: A11458070MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Other
    Cooling
    • Other
    Appliances
    • Included: Dryer, Washer
    Features
    • Cottage
    • Flooring: Other
    Interior area
    • Total structure area: 1,118
    • Total interior livable area: 672 sqft

    Property

    Parking
    • Parking features: Other
    Features
    • Stories: 1
    • Entry location: First Floor Entry
    • Patio & porch: Awning(s)
    • Exterior features: Other
    • Pool features: R30-No Pool/No Water
    • Fencing: Fenced
    • Has view: Yes
    • View description: None
    Lot
    • Size: 5,225 Square Feet
    • Features: Less Than 1/4 Acre Lot
    • Residential vegetation: Fruit Trees
    Details
    • Parcel number: 74434404120000562
    • Zoning: SF7 (cit

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    • Property subtype: Single Family Residence
    Materials
    • Frame
    • Roof: Shingle
    Condition
    • Year built: 1947

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Municipal Water

    Community & HOA

    Community
    • Features: None, No Subdiv/Park Info
    • Subdivision: Southerly Hill
    HOA
    • Has HOA: No
    Location
    • Region: West Palm Beach

    Financial & listing details

    • Price per square foot: $583/sqft
    • Tax assessed value: $323,333
    • Annual tax amount: $4,002
    • Date on market: 8/25/2023
    • Listing terms: All Cash,Conventional

    Price history

    DateEventPrice
    11/23/2024Listing removed$1,100$2/sqft
    Source: BeachesMLS #R11037172 Report a problem
    11/14/2024Listed for rent$1,100-60.6%$2/sqft
    Source: BeachesMLS #R11037172 Report a problem
    5/19/2024Listing removed--
    Source: MIAMI #A11577122 Report a problem
    4/27/2024Listed for rent$2,795$4/sqft
    Source: MIAMI #A11577122 Report a problem
    2/12/2024Sold$392,000-14.6%$583/sqft
    Source: MIAMI #A11458070 Report a problem
    12/21/2023Contingent$459,000$683/sqft
    Source: MIAMI #A11458070 Report a problem
    10/30/2023Price change$459,000-0.6%$683/sqft
    Source: MIAMI #A11458070 Report a problem
    10/9/2023Price change$462,000-2.1%$688/sqft
    Source: MIAMI #A11458070 Report a problem
    9/24/2023Listed for sale$472,000+34.1%$702/sqft
    Source: MIAMI #A11458070 Report a problem
    10/31/2022Sold$352,000-1.3%$524/sqft
    Source: BeachesMLS #R10814271 Report a problem
    10/4/2022Contingent$356,500$531/sqft
    Source: BeachesMLS #RX-10814271 Report a problem
    9/11/2022Price change$356,500-1.4%$531/sqft
    Source: BeachesMLS #RX-10814271 Report a problem
    8/22/2022Listed for sale$361,500$538/sqft
    Source: BeachesMLS #RX-10814271 Report a problem
    8/8/2022Contingent$361,500$538/sqft
    Source: BeachesMLS #RX-10814271 Report a problem
    8/5/2022Pending sale$361,500$538/sqft
    Source: BeachesMLS #RX-10814271 Report a problem
    7/26/2022Price change$361,500-2%$538/sqft
    Source: BeachesMLS #RX-10814271 Report a problem
    7/10/2022Listed for sale$369,000+23%$549/sqft
    Source: BeachesMLS #RX-10814271 Report a problem
    6/20/2022Sold$300,000+0.3%$446/sqft
    Source: BeachesMLS #R10794599 Report a problem
    5/21/2022Pending sale$299,000$445/sqft
    Source: BeachesMLS #RX-10794599 Report a problem
    5/16/2022Listed for sale$299,000$445/sqft
    Source: BeachesMLS #RX-10794599 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,916 +8.1%$323,333 +8.3%
    2024$6,398 -6.5%$298,460 -6.2%
    2023$6,846 +71.1%$318,343 +92.2%
    2022$4,002 -28.4%$165,604 +10%
    2021$5,586 +70.1%$150,549 +10%
    2020$3,284 +8.2%$136,863 +10%
    2019$3,034 $124,421 -0.9%
    2018$3,034 +3.2%$125,507 +8.5%
    2017$2,941 +7.5%$115,708 +75%
    2016$2,737 +46.9%$66,121 +10%
    2015$1,863 +15.2%$60,110 +10%
    2014$1,617 +16%$54,645 +10%
    2013$1,394 +10.1%$49,677 +10%
    2012$1,266 -22.6%$45,161 -25.3%
    2011$1,636 -2%$60,418 -1%
    2010$1,669 -23.1%$61,017 -27.9%
    2009$2,169 -28.2%$84,630 -36.8%
    2008$3,023 -8%$133,972 -11.2%
    2007$3,287 -8%$150,849
    2006$3,575 $150,849 +38.1%
    2005-- $109,255 +27%
    2004$1,316 +1165.1%$86,059 +20.4%
    2003$104 -93.4%$71,486 +19.7%
    2002$1,574 +11.6%$59,730 +14.5%
    2001$1,411 +13.7%$52,145 +15.1%
    2000$1,241 +15.4%$45,291 +4.9%
    1999$1,075 $43,166
    Find assessor info on the county website

    Neighborhood: Southwest

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $391,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $391,000