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.
Sold for $177,500 on 08/31/23
$177,500
4931 Wedgewood Way #3, West Palm Beach, FL 33417
2beds
888sqft
Condominium
Built in 1972
-- sqft lot
$173,500 Zestimate®
$200/sqft
$1,763 Estimated rent
Home value
$173,500
$160,000 - $187,000
$1,763/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 31, 2023 at 08:50am
Listed by:
Tony Pereira 561-252-2040,
United Realty Group, Inc
Bought with:
Pedro Speridiao Bagnoli
Realty Home Advisors Inc
Source: BeachesMLS,MLS#: RX-10860816
Originating MLS: Beaches MLS
Originating MLS: Beaches MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: 1
- Area: 210
- Dimensions: 14 x 15
Bedroom 2
- Level: 1
- Area: 154
- Dimensions: 11 x 14
Kitchen
- Level: 1
- Area: 88
- Dimensions: 8 x 11
Living room
- Level: 1
- Area: 260
- Dimensions: 13 x 20
Patio
- Description: Patio/Balcony
- Level: 1
- Area: 120
- Dimensions: 10 x 12
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Electric Range, Refrigerator, Electric Water Heater
- Laundry: Laundry Closet, Washer/Dryer Hookup
Features
- Stack Bedrooms
- Flooring: Ceramic Tile
- Windows: Blinds, Shutters, Accordion Shutters (Partial), Roll Down Shutters (Partial)
Interior area
- Total structure area: 888
- Total interior livable area: 888 sqft
Property
Parking
- Parking features: Assigned
Features
- Levels: < 4 Floors
- Stories: 2
- Patio & porch: Covered Patio, Screened Patio
- Has view: Yes
- View description: Garden
- Waterfront features: None
Details
- Parcel number: 00424325140000030
- Zoning: RH
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- CBS, Concrete
- Roof: Mixed
Condition
- Resale
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected
Community & neighborhood
Security
- Security features: Security Lights, Smoke Detector(s)
Community
- Community features: Sidewalks
Location
- Region: West Palm Beach
- Subdivision: Chelsea Of Wedgewood Condo
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $175 monthly
- Services included: Common Areas, Insurance-Bldg, Maintenance Grounds, Maintenance Structure, Sewer, Water
Other fees
- Application fee: $100
Other
Other facts
- Listing terms: Cash
Price history
| Date | Event | Price |
|---|---|---|
| 1/20/2024 | Listing removed | -- |
Source: BeachesMLS #R10944590 | ||
| 12/21/2023 | Listed for rent | $1,850+42.3%$2/sqft |
Source: BeachesMLS #R10944590 | ||
| 8/31/2023 | Sold | $177,500-10.8%$200/sqft |
Source:  BeachesMLS #RX-10860816 | ||
| 8/16/2023 | Contingent | $199,000$224/sqft |
Source: BeachesMLS #RX-10860816 | ||
| 2/16/2023 | Price change | $199,000-8.7%$224/sqft |
Source: BeachesMLS #RX-10860816 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 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% |
Find assessor info on the county website
Neighborhood: 33417
Nearby schools
GreatSchools rating
- 5/10Egret Lake Elementary SchoolGrades: PK-5Distance: 3.2 mi
- 5/10Bear Lakes Middle SchoolGrades: 6-8Distance: 2.2 mi
- 1/10Palm Beach Lakes High SchoolGrades: 9-12Distance: 3.8 mi
Get a cash offer in 3 minutes
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Estimated market value
$173,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$173,500