NOT LISTED FOR SALE

1016 Palama Way Lantana, FL 33462

Sea Pines Neighborhood

Estimated Value: $424,637 - $504,000

2 Beds
2 Baths
1,500 Sq Ft
$314/Sq Ft Est. Value

Last Sold July 14, 2020

Last sale price $279,900 $187 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,102/month

6 Days on Market

Highlights

  • Garage Apartment
  • Attic
  • 1 Car Attached Garage
  • Room in yard for a pool
  • Screened Porch
  • Built-In Features

About This Home

As of July 2020

This is a spacious 2 bedroom 2 bath home. Updated kitchen with granite counter tops. Tile floor through out the house and laminate wood floors in the bedroom. Large laundry room and garage that is converted to usable living space with a a/c wall unit. The garage door still works and still has some storage. The home also has a sprinkler system, A/c was replaced in 2018, roof was replaced in 2003. Freshly painted the electrical receptacles have been replaced. All you have to do is move in as everything is in working order. The home has been freshly painted and disinfected and ready to go. Don't sleep on this 1016 Palama Way listing. It well go quick

Last Agent to Sell the Property

Jonathan Woolf

Woolf Realty Inc. License #0691926 Listed on: 06/07/2020

Last Buyer's Agent

Dariel Alexis

Lux Realty Group SF LLC License #3410803

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,184

Year Built

  • Built in 1980

Lot Details

  • 7,600 Sq Ft Lot
  • Fenced
  • Property is zoned R3(cit

Parking

  • 1 Car Attached Garage
  • Garage Apartment
  • Converted Garage
  • Driveway

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Florida or Dining Combination
  • Screened Porch
  • Pull Down Stairs to Attic

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Stacked Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Room in yard for a pool
  • Shed

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Maddock Add 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40434504140100180

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,184

Year Built

Built in 1980

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Lantana rd to 13th st then south to w broward st then west to 13th pl then go south and 13th turns into palama and house will be on you left 1016
  • Year Built: 1980
  • Architectural Style: Ranch
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Attic, Built-in Features, Family/Dining Room, Pull Down Attic Stairs, Stacked Bedrooms, Walk-In Closet(s)
  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Laminate, Tile
  • Living Area: 1500.0
  • Dining Room Type: Converted Garage, Garage Apartment
  • Stories: 1

Exterior Features

  • Exterior Features: Enclosed Porch, Fence, Room For Pool, Shed
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Other Structures: Garage Apartment, Shed(s)
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Two or More Spaces

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 40434504140100180
  • Lot Size Sq Ft: 7600.0
  • Zoning Description: R3(cit
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2184.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2020
Closed on
Jul 14, 2020
Sold by
Massotti Michelle L
Bought by
Charles Daniel Jean and Marescot Marie A
Seller's Agent
Jonathan Woolf
Woolf Realty Inc.
Buyer's Agent
Dariel Alexis
Lux Realty Group SF LLC
List Price
$279,900
Sold Price
$279,900
Current Estimated Value
$470,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,759
Avg. Annual Appreciation
10.72%
Original Mortgage
$274,829
Outstanding Balance
$246,399
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$222,739

Purchase Details

Closed on
Jun 10, 2004
Sold by
Held Stephen R and Held Beth L
Bought by
Massotti Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2001
Sold by
Messina Phillip and Messina Jennie F
Bought by
Held Stephen R and Held Beth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,704
Interest Rate
6.57%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Charles Daniel Jean $279,900 None Available
Massotti Michelle L $195,000 --
Held Stephen R $120,650 Metropolitan Title Guaranty
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Charles Daniel Jean $274,829
Previous Owner Massottti Michelle L $40,000
Previous Owner Massotti Michelle L $175,500
Previous Owner Held Stephen B $25,000
Previous Owner Held Stephen R $122,400
Previous Owner Held Stephen R $122,400
Previous Owner Held Stephen R $119,704
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2020 07/14/20 Sold $279,900 0.0% $187 / Sq Ft
06/14/2020 06/14/20 Pending -- -- --
06/07/2020 06/07/20 For Sale $279,900 -- $187 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

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 $6,020 $319,935 -- --
2023 $5,851 $313,778 $0 $0
2022 $5,816 $304,639 $0 $0
2021 $5,241 $232,584 $120,200 $112,384
2020 $2,228 $125,463 $0 $0
2019 $2,184 $122,642 $0 $0
2018 $2,074 $120,355 $0 $0
2017 $1,967 $117,880 $0 $0
2016 $1,716 $104,968 $0 $0
2015 $1,741 $104,238 $0 $0
2014 $1,742 $103,411 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jonathan Woolf

    Woolf Realty Inc.

    (561) 586-5551

    3 in this area

    96 Total Sales

    Section Image

  • D

    Buyer's Agent in 2020

    Dariel Alexis

    Lux Realty Group SF LLC

    (561) 767-2115

    15 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10628796

BeachesMLS

APN: 40-43-45-04-14-010-0180

Florida Palm Beach County Lantana 33462 Sea Pines

1016 Palama Way, Lantana, FL

This home is located at 1016 Palama Way, Lantana, FL 33462 since 07 June 2020 and is currently estimated at $470,659, approximately $313 per square foot. This property was built in 1980. 1016 Palama Way is a home located in Palm Beach County with nearby schools including Lantana Elementary School, Lake Worth High School, and Lantana Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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