NOT LISTED FOR SALE

1203 Palama Way Lantana, FL 33462

Estimated Value: $519,486 - $533,000

3 Beds
2 Baths
1,732 Sq Ft
$303/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $360,000 $208 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,369/month

5 Days on Market

Highlights

  • RV Access or Parking
  • Room in yard for a pool
  • Patio
  • Fruit Trees
  • Community Basketball Court
  • Park

About This Home

As of April 2021

Don't miss your opportunity to purchase this fantastic 3 Bedroom, 2 Bathroom Single Family Home with No Home Owners Association. Brand New $18,000 Roof in 2021 and Freshly Painted Inside and Out and ready fore your personal touch. With this HUGE backyard there is tons of space for a pool and if you have a Boat,Truck or Toys you got plenty of room for them all. You're walking distance to Lantana Maddock Park, close to 95 and only a few minutes from the beach. This one won't last !!!

Last Agent to Sell the Property

Austin Frankoski

KW Innovations License #3329382 Listed on: 03/04/2021

KW Innovations

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,557

Year Built

  • Built in 1988

Lot Details

  • 0.3 Acre Lot
  • Fenced
  • Fruit Trees
  • Property is zoned R3(cit

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway
  • RV Access or Parking

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,732 Sq Ft Home
  • 1-Story Property
  • Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Home Security

  • Home Security System
  • Motion Detectors

Outdoor Features

  • Room in yard for a pool
  • Patio
  • Shed

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 40434504180080190

Community Details

Overview

  • Maddock Add 4 Subdivision

Recreation

  • Community Basketball Court
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,557

Year Built

Built in 1988

Lot Details

0

Parking

2

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 .
  • Year Built: 1988
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Split Bedrooms
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1732.0
  • Stories: 1

Exterior Features

  • Exterior Features: Fence, Fruit Trees, Patio, Room For Pool, Shed
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Driveway, Golf Cart Garage, RV Access/Parking, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Security System, Motion Detectors
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public, Well

Condo/Co-op/Association

  • Community Features: Non-Gated, Park, Sidewalks
  • Senior Community: No
  • Amenities: Basketball Court, Other, Trail(s)
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 40434504180080190
  • Lot Size: 1/4 to 1/2 Acre
  • Lot Size Sq Ft: 13217.0
  • Zoning Description: R3(cit
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2557.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
Apr 9, 2021
Sold by
Colombino Luciano F and Luiggia Nolletti Irrevocable Trust
Bought by
Urbina Francis Penelope and Johnas William Paris
Seller's Agent
Austin Frankoski
KW Innovations
List Price
$345,000
Sold Price
$360,000
Premium/Discount to List
$15,000
4.35%
Current Estimated Value
$525,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,622
Avg. Annual Appreciation
8.39%
Original Mortgage
$342,000
Outstanding Balance
$306,770
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$218,852

Purchase Details

Closed on
Jan 2, 2018
Sold by
Nolletti Luiggia and Luiggia Nolletti Revocable Tru
Bought by
Colombino Luciano F and Luiggia Nolletti Irrevocable T

Purchase Details

Closed on
Feb 9, 2012
Sold by
Nolletti Luiggia
Bought by
Nolletti Luiggia and Luiggia Nolletti Revocble Trust

Purchase Details

Closed on
May 10, 1995
Sold by
Nolletti Ermanno and Nolletti Louise
Bought by
Nolletti Ermanno and Nolletti Louise
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Urbina Francis Penelope $360,000 Blueline Title
Colombino Luciano F -- Attorney
Nolletti Luiggia -- Attorney
Nolletti Ermanno -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Urbina Francis Penelope $342,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2021 04/09/21 Sold $360,000 +4.3% $208 / Sq Ft
03/10/2021 03/10/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $345,000 -- $199 / 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
2025 $7,278 $394,212 -- --
2024 $7,278 $383,102 -- --
2023 $6,992 $371,944 $0 $0
2022 $6,946 $361,111 $0 $0
2021 $6,243 $281,950 $131,434 $150,516
2020 $2,557 $142,022 $0 $0
2019 $2,508 $138,829 $0 $0
2018 $2,384 $136,240 $0 $0
2017 $2,274 $133,438 $0 $0
2016 $1,946 $130,693 $0 $0
2015 $1,983 $129,785 $0 $0
2014 $1,983 $128,755 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Austin Frankoski

    KW Innovations

    (561) 572-1536

    100 Total Sales

    Austin Frankoski
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Map

Source: BeachesMLS

MLS Number: R10697247

BeachesMLS

APN: 40-43-45-04-18-008-0190

Florida Palm Beach County Lantana 33462

1203 Palama Way, Lantana, FL

Not Listed for Sale

Detached

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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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