NOT LISTED FOR SALE

1226 Palama Way Lantana, FL 33462

Sea Pines Neighborhood

Estimated Value: $551,000 - $583,000

3 Beds
2.5 Baths
1,803 Sq Ft
$313/Sq Ft Est. Value

Last Sold March 08, 2019

Last sale price $307,500 $171 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,457/month

12 Days on Market

Highlights

  • Private Pool
  • Pool View
  • Separate Shower in Primary Bathroom
  • Vaulted Ceiling
  • 2 Car Attached Garage
  • Breakfast Bar

About This Home

As of March 2019

Single family detached ranch style pool home located in the town of Lantana. East of I-95, close to schools, shopping, fine dining and some of the best parks and beaches Florida has to offer. This 3 bedroom, 2.5 bathrooms, 2 car garage with birdcage enclosed pool and Lanai. Open concept floor plan with living and dining room combo, kitchen with cook island that is open to the dining area and has access to the pool and Lanai area. Ample cabinetry and counter space to meet your needs, inside laundry room. Plenty of windows that allow all the natural light through-out the home. Tile, laminate and carpet, volume ceilings gives an appearance of larger than square footage. Nice size bedrooms, main bedroom has sliding glass doors that lead out to the Lanai and pool area. Great for entertaining.

Last Agent to Sell the Property

kathy gross

Nautica Realty License #423905 Listed on: 01/24/2019

Last Buyer's Agent

Robert Adams

United Realty Group Inc License #3341899

United Realty Group Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,858

Year Built

  • Built in 1989

Lot Details

  • 8,210 Sq Ft Lot
  • Property is zoned R3(cit

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,803 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Single Hung Metal Windows
  • Sliding Windows
  • Combination Dining and Living Room
  • Pool Views

Kitchen

  • Breakfast Bar
  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Tub
  • Washer and Dryer Hookup

Outdoor Features

  • Private Pool
  • Patio

Schools

  • Lake Worth High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Maddock Add 4 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40434504180090120

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,858

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: I-95 to Hypoluxo Rd, East to Sea Pine Way, then North to Palama Way to address.
  • Year Built: 1989
  • Architectural Style: Ranch
  • Year Built Details: Resale
  • Special Features: RealEstateOwned

Interior Features

  • Interior Amenities: Breakfast Bar, Dual Sinks, High Ceilings, Living/Dining Room, Pantry, Split Bedrooms, Separate Shower, Tub Shower, Vaulted Ceiling(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Living Area: 1803.0
  • Stories: 1
  • Window Features: Metal, Single Hung, Sliding

Exterior Features

  • Exterior Features: Patio
  • View: Pool
  • Lot Features: < 1/4 Acre
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Laundry Tub
  • Cooling: Central Air, Ceiling Fan(s), 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
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Schools

  • High School: Lake Worth

Lot Info

  • Parcel #: 40434504180090120
  • Lot Size: 60.0 ft x 0.0 ft
  • Lot Size Sq Ft: 8210.0
  • Zoning Description: R3(cit
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2858.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2019
Closed on
Mar 8, 2019
Sold by
Fannie Mae
Bought by
Aviles Karla Molina and Aviles Carmen
Seller's Agent
kathy gross
Nautica Realty
Buyer's Agent
Robert Adams
United Realty Group Inc
List Price
$307,500
Sold Price
$307,500
Current Estimated Value
$563,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,004
Avg. Annual Appreciation
9.90%
Original Mortgage
$292,125
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2018
Sold by
Richards Larry M and Richards Margaret
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 31, 1998
Sold by
Samson Timothy B and Samson Susan B
Bought by
Richards Larry M and Richards Margaret S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,750
Interest Rate
7.01%
Mortgage Type
New Conventional
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
Aviles Karla Molina $307,500 Reo Title Company Of Fl Llc
Federal National Mortgage Association $200,100 None Available
Richards Larry M $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aviles Karla Molina $302,829
Closed Aviles Karla Molina $292,125
Previous Owner Richards Larry M $238,000
Previous Owner Richards Larry M $107,111
Previous Owner Richards Larry M $45,000
Previous Owner Richards Larry M $15,000
Previous Owner Richards Larry M $118,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2019 03/08/19 Sold $307,500 0.0% $171 / Sq Ft
02/06/2019 02/06/19 Pending -- -- --
01/24/2019 01/24/19 For Sale $307,500 -- $171 / 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 $5,776 $307,406 -- --
2023 $5,551 $298,452 $0 $0
2022 $5,518 $289,759 $0 $0
2021 $5,387 $281,319 $0 $0
2020 $5,337 $277,435 $78,000 $199,435
2019 $6,122 $271,875 $69,000 $202,875
2018 $2,971 $164,916 $0 $0
2017 $2,858 $161,524 $0 $0
2016 $2,814 $158,202 $0 $0
2015 $2,864 $157,102 $0 $0
2014 $2,866 $155,855 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • k

    Seller's Agent in 2019

    kathy gross

    Nautica Realty

    (561) 306-4755

    110 Total Sales

    kathy gross
    Section Image

  • R

    Buyer's Agent in 2019

    Robert Adams

    United Realty Group Inc

    (561) 655-1233

    18 Total Sales

    Robert Adams
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10498642

BeachesMLS

APN: 40-43-45-04-18-009-0120

Florida Palm Beach County Lantana 33462 Sea Pines

1226 Palama Way, Lantana, FL

This home is located at 1226 Palama Way, Lantana, FL 33462 since 24 January 2019 and is currently estimated at $563,504, approximately $312 per square foot. This property was built in 1989. 1226 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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