NOT LISTED FOR SALE

1508 Running Oak Ln Royal Palm Beach, FL 33411

Estimated Value: $514,000 - $602,000

4 Beds
2.5 Baths
2,424 Sq Ft
$230/Sq Ft Est. Value

Highlights

  • Golf Course Community
  • Tennis Courts
  • Fruit Trees
  • Royal Palm Beach Elementary School Rated A-
  • Gated Community
  • Clubhouse

About This Home

As of June 2024

Nice home, very spacious and well taken care of. Fruit trees in the yard. Gated community that has a private walking entrance to elementary schools, features golf course with an optional membership. Basic cable and internet is included in rent. All bedroom are upstairs. Freshly painted house and new waterproof laminate on second floor ;tiles on the first floor. Hoa charges an application fee of $250 for two adults and $50 for each additional adult over 18. Global Properties charges $75.00 Joint Application Fee - $100.00 fee non refundable admin fee. payable by tenant within owner acceptance. Measurements are approximate.

Last Agent to Rent the Property

Aleayamma Samuel

Global Properties Realty LLC License #3165147 Listed on: 02/06/2024

Last Renter's Agent

Bill Sohl

Compass Florida, LLC License #616482

Compass Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,509

Year Built

  • Built in 2003

Lot Details

  • Fruit Trees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • 2,424 Sq Ft Home
  • Entry on the 1st floor

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Roman Tub

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Security Gate
  • Fire and Smoke Detector

Outdoor Features

  • Tennis Courts
  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 2/6/24
  • Assessor Parcel Number 72414322010001020

Community Details

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Trails

Additional Features

  • Madison Green 1 Par B Subdivision
  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,509

Year Built

Built in 2003

Lot Details

0

Parking

2

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water
  • Available Date: 2024-02-06

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 2003
  • Entry Level: 1
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Closet Cabinetry, Garden Tub/Roman Tub, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Ceramic Tile, Laminate
  • Living Area: 2424.0

Exterior Features

  • Exterior Features: Fruit Trees, Patio, Tennis Court(s)
  • Lot Features: < 1/4 Acre
  • Pool Features: None, Association, Community
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Pet on Property, Owner Is Listing Agent
  • Patio And Porch Features: Patio

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security Gate, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Golf, Golf Course Community, Gated, Pool, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Golf Course, Pool, Tennis Court(s), Trail(s)
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 72414322010001020
  • Land Lease Amount Frequency: Monthly
  • Lot Size: < 1/4 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2012
Sold by
Federal National Mortgage Association
Bought by
Ferry Charles P and Ferry Caira M
Current Estimated Value
$556,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,834
Outstanding Balance
$154,455
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$402,129

Purchase Details

Closed on
May 21, 2012
Sold by
Cox Eric L and Cox Yadira
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 25, 2003
Sold by
Minto Communities Inc
Bought by
Papachan Shaji and Samuel Aleayamma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,050
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2002
Sold by
Minto Communities Inc
Bought by
Cox Eric L and Cox Yadira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,985
Interest Rate
6.81%
Source: Public Records

Range of Values:

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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
Ferry Charles P $230,000 New House Title Llc
Federal National Mortgage Association $230,285 None Available
Papachan Shaji $246,360 Founders Title
Cox Eric L $223,980 Founders Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferry Charles P $225,834
Previous Owner Papachan Shaji $197,050
Previous Owner Cox Eric L $167,985
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2024 06/08/24 Rented $3,200 -5.9% --
05/01/2024 05/01/24 Price Changed $3,400 -2.9% $1 / Sq Ft
03/25/2024 03/25/24 Price Changed $3,500 -2.8% $1 / Sq Ft
03/18/2024 03/18/24 Price Changed $3,600 -2.7% $1 / Sq Ft
02/26/2024 02/26/24 Price Changed $3,700 -2.6% $2 / Sq Ft
02/06/2024 02/06/24 For Rent $3,800 +72.7% --
06/01/2019 06/01/19 Rented $2,200 -6.4% --
05/02/2019 05/02/19 Under Contract -- -- --
01/16/2019 01/16/19 For Rent $2,350 +27.0% --
03/15/2013 03/15/13 Rented $1,850 -5.1% --
02/13/2013 02/13/13 Under Contract -- -- --
01/09/2013 01/09/13 For Rent $1,950 -- --
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 $8,509 $413,320 -- --
2023 $8,221 $375,745 $0 $0
2022 $7,539 $341,586 $0 $0
2021 $6,630 $310,533 $75,000 $235,533
2020 $6,210 $284,425 $75,000 $209,425
2019 $6,049 $275,000 $0 $275,000
2018 $6,114 $285,000 $0 $285,000
2017 $5,823 $265,000 $0 $0
2016 $5,818 $259,545 $0 $0
2015 $5,589 $235,950 $0 $0
2014 $5,235 $214,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10957413

BeachesMLS

APN: 72-41-43-22-01-000-1020