NOT LISTED FOR SALE

1606 Palm Beach Trace Dr Royal Palm Beach, FL 33411

Estimated Value: $221,269 - $282,000

2 Beds
2 Baths
1,201 Sq Ft
$208/Sq Ft Est. Value

Last Sold December 02, 2021

Last sale price $185,000 $154 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,711/month

About This Home

As of December 2021

Spacious 2 bed 2 bath condo for rent in Royal Palm Beach, 1200 sqft, master bed with ensuite bathroom and walk in closet. Golf course views, one assigned parking spot and plenty of guest parking available. Community pool. Conveniently located close to shopping, 441 and the Turnpike. $100 application fee for HOA. Fast approval.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2021
Closed on
Dec 2, 2021
Sold by
Perez Dana Marie and Silva Dana Marie
Bought by
Demus Zdenka and Demus Lars
Seller's Agent
Lars Demus
EXP Realty LLC
Buyer's Agent
Nicholas Maruri
Keller Williams Realty - Welli
Sold Price
$1,800
Current Estimated Value
$249,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,767
Avg. Annual Appreciation
8.64%
Original Mortgage
$129,500
Outstanding Balance
$120,293
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$127,357

Purchase Details

Closed on
Oct 5, 2005
Sold by
Pellegrino Tiffany L Silva
Bought by
Silva Dana Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
5.76%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 21, 2003
Sold by
Reesa William H and Sutton Brown Beverly
Bought by
Silva Tiffany L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,400
Interest Rate
7.5%

Purchase Details

Closed on
Oct 23, 1996
Sold by
Dunford Margaret Rose
Bought by
Rees William H
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Demus Zdenka $185,000 Suncoast Ttl Of Wellington I
Silva Dana Marie $132,000 Signature Title Llc
Silva Tiffany L $78,000 Sunbelt Title Agency
Rees William H $58,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demus Zdenka $129,500
Previous Owner Perez Dana Marie $94,450
Previous Owner Silva Dana Marie $105,600
Previous Owner Silva Tiffany L $62,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2021 12/29/21 For Rent $1,950 +8.3% --
12/29/2021 12/29/21 Rented $1,800 0.0% --
12/02/2021 12/02/21 Sold $185,000 -5.1% $154 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $195,000 -- $162 / Sq Ft

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 $3,796 $199,940 -- --
2023 $3,444 $181,764 $0 $0
2022 $3,200 $165,240 $0 $0
2021 $2,197 $116,000 $0 $116,000
2020 $2,062 $111,000 $0 $111,000
2019 $1,958 $108,000 $0 $108,000
2018 $1,766 $103,000 $0 $103,000
2017 $1,608 $89,000 $0 $0
2016 $1,521 $65,219 $0 $0
2015 $1,379 $59,290 $0 $0
2014 $1,263 $53,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Lars Demus

    EXP Realty LLC

    1 in this area

    3 Total Sales

    Lars Demus
    Section Image

  • N

    Buyer's Agent in 2022

    Nicholas Maruri

    Keller Williams Realty - Welli

    (786) 804-0342

    9 Total Sales

    Nicholas Maruri
    Section Image

  • B

    Seller's Agent in 2021

    Bobbi Stribling

    Triple Crown Properties

    (561) 723-2663

    1 in this area

    13 Total Sales

    Bobbi Stribling
    Section Image
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Map

Florida Palm Beach County Royal Palm Beach 33411

1606 Palm Beach Trace Dr, Royal Palm Beach, FL

This home is located at 1606 Palm Beach Trace Dr, Royal Palm Beach, FL 33411 and is currently estimated at $249,567, approximately $207 per square foot. 1606 Palm Beach Trace Dr is a home located in Palm Beach County with nearby schools including H.L. Johnson 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.

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