NOT LISTED FOR SALE

1516 Running Oak Ln Royal Palm Beach, FL 33411

Estimated Value: $578,803 - $614,000

5 Beds
2.5 Baths
2,693 Sq Ft
$219/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $475,000 $176 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,074/month

26 Days on Market

Highlights

  • Community Cabanas
  • Gated Community
  • Roman Tub
  • Royal Palm Beach Elementary School Rated A-
  • Clubhouse
  • Garden View

About This Home

As of November 2021

Don't miss this opportunity! Live the Country Club Lifestyle without the cost. Large 5 BR 2 1/2 BA, Open floor plan, well maintained and very clean home in a quiet and safe, gated community. 24 X 24 Tile downstairs, A/C 2019 17 Seer, Updated LG Appliances and Whirlpool Washer & Dryer, Large backyard, New Privacy Fence installed, plenty of room for a pool, great for entertaining. Short cut path direct to elementary School. Low HOA Fees and Includes Amenities, Cable and High Speed Internet. No Mandatory Memberships. All measurements are approximate.

Last Agent to Sell the Property

Julie Montesano

Keller Williams Realty - Welli License #3298216 Listed on: 09/23/2021

Keller Williams Realty - Welli

Last Buyer's Agent

Michael Wood

Local Real Estate Brokerage License #3356553

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,799

Year Built

  • Built in 2003

Lot Details

  • 5,067 Sq Ft Lot
  • Sprinkler System
  • Property is zoned PUD(ci

HOA Fees

  • $207 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 2,693 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Family Room
  • Formal Dining Room
  • Garden Views
  • Security Gate

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Royal Palm Elementary School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 72414322010001060

Community Details

Overview

  • Association fees include common areas, cable TV, security, internet
  • Madison Green 1 Par B Subdivision, Berkley V Floorplan

Amenities

  • Clubhouse
  • Community Wi-Fi

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Cabanas
  • Community Pool
  • Community Spa
  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,799

Year Built

Built in 2003

Lot Details

0

HOA Fees

$207 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Okeechobee Blvd, North on Crestwood, First Left Turn into Grand Oaks Blvd
  • Year Built: 2003
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Dining Area, Separate/Formal Dining Room, Dual Sinks, Eat-in Kitchen, Garden Tub/Roman Tub, Separate Shower
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 2693.0
  • Dining Room Type: Family Room, Laundry
  • Stories: 2
  • Window Features: Blinds

Exterior Features

  • View: Garden
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None, Association, Community
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

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

Utilities

  • Security: Security Gate
  • 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

  • Association Fee: 207.0
  • Community Features: Clubhouse, Gated, Internet Access, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Cabana, Clubhouse, Pool, Spa/Hot Tub, Tennis Court(s), Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Security, Internet

Schools

  • Elementary School: Royal Palm

Lot Info

  • Parcel #: 72414322010001060
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 5067.0
  • Zoning Description: PUD(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3799.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2024
Sold by
Alam Shah and Sultana Sarmin
Bought by
Alam Shah and Sultana Sarmin
Current Estimated Value
$590,951

Purchase Details

Listed on
Sep 23, 2021
Closed on
Nov 19, 2021
Sold by
Cohen Marc J and Cohen Bobbie J
Bought by
Alam Shah
Seller's Agent
Julie Montesano
Keller Williams Realty - Welli
Buyer's Agent
Michael Wood
Local Real Estate Brokerage
List Price
$475,000
Sold Price
$475,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.81%
Original Mortgage
$332,500
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2003
Sold by
Minto Communities Inc
Bought by
Cohen Marc J and Cohen Bobbie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,744
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
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
Alam Shah -- None Listed On Document
Alam Shah $475,000 Trident Title
Cohen Marc J $250,930 Founders Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alam Shah $332,500
Previous Owner Cohen Marc J $200,744
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $475,000 0.0% $176 / Sq Ft
10/20/2021 10/20/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $475,000 -- $176 / 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 $8,813 $487,825 -- --
2023 $9,163 $502,478 $109,620 $392,858
2022 $8,847 $434,208 $0 $0
2021 $3,789 $204,356 $0 $0
2020 $3,799 $201,535 $0 $0
2019 $3,710 $197,004 $0 $0
2018 $3,568 $193,331 $0 $0
2017 $3,552 $189,355 $0 $0
2016 $3,522 $185,460 $0 $0
2015 $3,621 $184,171 $0 $0
2014 $3,650 $182,709 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Julie Montesano

    Seller's Agent in 2021

    Julie Montesano

    Keller Williams Realty - Welli

    (561) 723-0591

    4 in this area

    25 Total Sales

    Julie Montesano
    Section Image

  • M

    Buyer's Agent in 2021

    Michael Wood

    Local Real Estate Brokerage

    (561) 613-0393

    1 in this area

    5 Total Sales

    Michael Wood
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10747383

BeachesMLS

APN: 72-41-43-22-01-000-1060

Florida Palm Beach County Royal Palm Beach 33411

1516 Running Oak Ln, Royal Palm Beach, FL

This home is located at 1516 Running Oak Ln, Royal Palm Beach, FL 33411 since 23 September 2021 and is currently estimated at $590,951, approximately $219 per square foot. This property was built in 2003. 1516 Running Oak Ln is a home located in Palm Beach County with nearby schools including Royal Palm Beach Elementary School, Crestwood Community Middle School, and Royal Palm Beach High 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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