NOT LISTED FOR SALE

Estimated Value: $541,650 - $617,000

3 Beds
2 Baths
1,643 Sq Ft
$353/Sq Ft Est. Value

Last Sold May 16, 2014

Last sale price $270,000 $164 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $3,790/month

Highlights

  • Waterfront
  • Canal View
  • Community Basketball Court
  • H.L. Johnson Elementary School Rated A-
  • Fruit Trees
  • 2 Car Attached Garage

About This Home

As of April 2016

This home is located at 242 Las Palmas St, Royal Palm Beach, FL 33411 since 16 March 2016 and is currently priced at $580,163. This property was built in 1987. 242 Las Palmas St 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.

Last Agent to Rent the Property

Frank Alvarez

Century 21 WC Realty License #3132637 Listed on: 03/16/2016

Century 21 WC Realty

Last Renter's Agent

Frank Alvarez

Century 21 WC Realty License #3132637 Listed on: 03/16/2016

Century 21 WC Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,616

Year Built

  • Built in 1987

Lot Details

  • Waterfront
  • East Facing Home
  • Fenced
  • Sprinkler System
  • Fruit Trees

Parking

  • 2 Car Attached Garage
  • Driveway

Interior Spaces

  • 1,643 Sq Ft Home
  • Ceramic Tile Flooring
  • Canal Views

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 3/19/16
  • Assessor Parcel Number 72414314010130060

Community Details

Overview

  • La Mancha Subdivision

Recreation

  • Community Basketball Court
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,616

Year Built

Built in 1987

Lot Details

0

Parking

2

Rental Info

  • Tenant Pays: Exterior Electric, Water
  • Available Date: 2016-03-19

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Okechobee blvd to Ponce de Leon>right to Madrid >right to Las Palmas > right to property.
  • Year Built: 1987
  • Carport Y N: No
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile
  • Living Area: 1643.0

Exterior Features

  • Exterior Features: Fence, Fruit Trees, Patio
  • View: Canal
  • Lot Features: Sprinklers Automatic
  • View: Yes
  • Waterfront: Yes
  • Direction Faces: East
  • 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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Park
  • Senior Community: No
  • Amenities: Basketball Court
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 72414314010130060

Multi Family

  • Number Of Units In Community: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2014
Closed on
May 16, 2014
Sold by
Dm Enterprise Of The Palm Beaches Llc
Bought by
Melendez Noralba
Seller's Agent
Frank Alvarez
Century 21 WC Realty
Buyer's Agent
Frank Alvarez
Century 21 WC Realty
List Price
$278,900
Sold Price
$270,000
Premium/Discount to List
-$8,900
-3.19%
Current Estimated Value
$580,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,163
Avg. Annual Appreciation
7.08%
Original Mortgage
$200,000
Interest Rate
13.5%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
May 13, 2013
Closed on
Oct 31, 2013
Sold by
Ramkisson Ken L and Ramkisson Debra
Bought by
Dm Enterprise Of The Palm Beaches Llc
Seller's Agent
Frank Alvarez
Century 21 WC Realty
Buyer's Agent
Frank Alvarez
Century 21 WC Realty
List Price
$195,000
Sold Price
$150,000
Premium/Discount to List
-$45,000
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
224.00%

Purchase Details

Closed on
Oct 10, 2006
Sold by
Ramkissoon Debra
Bought by
Ramkissoon Ken L and Ramkissoon Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
9.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2002
Sold by
Battaglia Ralph and Battaglia Gabrielle Annette
Bought by
Ramkissoon Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,810
Interest Rate
8.4%
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
Melendez Noralba $270,000 Trident Title Llc
Dm Enterprise Of The Palm Beaches Llc $150,000 Harbor Land Title Llc
Ramkissoon Ken L $137,500 Signature Title & Recording
Ramkissoon Debra $180,900 Flagler Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Melendez Noralba $200,000
Previous Owner Ramkissoon Ken L $275,000
Previous Owner Ramkissoon Ken L $224,000
Previous Owner Ramkissoon Debra $162,810
Previous Owner Battaglia Ralph $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2016 03/16/16 For Rent $2,000 +5.3% --
03/16/2016 03/16/16 Rented $1,900 0.0% --
05/16/2014 05/16/14 Sold $270,000 -3.2% $164 / Sq Ft
04/16/2014 04/16/14 Pending -- -- --
02/13/2014 02/13/14 For Sale $278,900 +85.9% $170 / Sq Ft
11/15/2013 11/15/13 Sold $150,000 -23.1% $90 / Sq Ft
10/16/2013 10/16/13 Pending -- -- --
05/13/2013 05/13/13 For Sale $195,000 -- $117 / 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 $7,616 $405,559 -- --
2023 $7,215 $368,690 $0 $0
2022 $6,765 $335,173 $0 $0
2021 $6,055 $304,703 $110,000 $194,703
2020 $5,754 $286,786 $110,000 $176,786
2019 $5,581 $274,798 $100,000 $174,798
2018 $5,117 $258,357 $100,141 $158,216
2017 $4,802 $238,399 $78,851 $159,548
2016 $4,734 $229,312 $0 $0
2015 $4,483 $210,270 $0 $0
2014 $3,757 $172,876 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10217282

BeachesMLS

APN: 72-41-43-14-01-013-0060