NOT LISTED FOR SALE

4306 Royal Banyan Way Unit B Lake Worth, FL 33461

Lake Worth Corridor Neighborhood

Estimated Value: $196,819 - $252,000

2 Beds
1 Bath
900 Sq Ft
$245/Sq Ft Est. Value

Last Sold October 08, 2014

Last sale price $57,000 $63 Per Sq Ft

Est. 287% increase in value since last sale

Current estimated payment $1,435/month

About This Home

As of October 2022

NEWLY RENOVATED 2/1 NEW KITCHEN, NEW STOVE AND FRIDGE. NEAR THE WELLINGTON MALL, NEAR THE I-95 AND 7 TO 10 MINUTES DRIVE TO THE BEACH. AND THE PALM BEACH INTERNATIONAL AIRPORT IS 15 MINUTES AWAY.

Last Agent to Rent the Property

Emmana Mervilus

Marvelous Realty LLC License #3419304 Listed on: 09/21/2022

Last Renter's Agent

Emmana Mervilus

Marvelous Realty LLC License #3419304 Listed on: 09/21/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,197

Year Built

  • Built in 1983

Lot Details

  • 871

Home Design

  • 900 Sq Ft Home
  • Villa
  • Entry on the 10th floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 1 Full Bathroom

Additional Features

  • Microwave
  • Dryer
  • Central Heating and Cooling System

Community Details

  • Selberg Properties K/A As Subdivision

Listing and Financial Details

  • Property Available on 9/21/22
  • Assessor Parcel Number 00424425310040020

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,197

Year Built

Built in 1983

Lot Details

0

Rental Info

  • Tenant Pays: Exterior Electric, Water
  • Available Date: 2022-09-21

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Villa
  • Property Sub Type Additional: Villa
  • Directions: LAKE WORTH TO KIRK TURN RIGHT TO SELBERG
  • Year Built: 1983
  • Entry Level: 10
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Split Bedrooms
  • Furnished: Unfurnished
  • Appliances: Dryer, Microwave
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Other
  • Living Area: 900.0

Exterior Features

  • Exterior Features: None
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No

Garage/Parking

  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 00424425310040020
  • Land Lease Amount Frequency: Monthly
  • Lot Size: < 1/4 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2022
Closed on
Jun 21, 2022
Sold by
Mervilus Jean R and Mervilus Lourdine P
Bought by
Paris Mydred Petuel and Vertus David
Seller's Agent
Emmana Mervilus
Marvelous Realty LLC
Buyer's Agent
Emmana Mervilus
Marvelous Realty LLC
Sold Price
$1,800
Current Estimated Value
$220,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,655
Original Mortgage
$120,000
Outstanding Balance
$108,986
Interest Rate
1.2%
Mortgage Type
New Conventional
Estimated Equity
$111,469

Purchase Details

Listed on
Feb 8, 2014
Closed on
Oct 7, 2014
Sold by
Fannie Mae
Bought by
Mervilus Jean Renal
Seller's Agent
James Viscome
Guaranteed Home Sales
List Price
$72,500
Sold Price
$57,000
Premium/Discount to List
-$15,500
-21.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.06%
Original Mortgage
$38,000
Interest Rate
14%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 16, 2013
Sold by
Diaz Grisell and Rosa Juan Manuel
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 7, 2011
Sold by
Diaz Grisell
Bought by
Ashley Villas Homeowners Association Inc

Purchase Details

Closed on
Aug 20, 2004
Sold by
Diaz Lucia
Bought by
Diaz Grisell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 1996
Sold by
Mellon Properties
Bought by
Diaz Lucia

Purchase Details

Closed on
Jul 26, 1994
Sold by
Clerk Circuit Court
Bought by
Alliance Mtg Co
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
Paris Mydred Petuel $180,000 Signature Title Services
Mervilus Jean Renal $57,000 Attorney
Federal National Mortgage Association -- None Available
Ashley Villas Homeowners Association Inc $1,600 None Available
Diaz Grisell $75,000 Fidelity Natl Title Ins Co
Diaz Lucia $37,000 --
Mellon Properties Co $100 --
Alliance Mtg Co $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paris Mydred Petuel $120,000
Previous Owner Mervilus Jean Renal $38,000
Previous Owner Diaz Grisell $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/12/2022 10/12/22 Rented $2,000 0.0% --
10/07/2022 10/07/22 Under Contract -- -- --
09/21/2022 09/21/22 For Rent $2,000 +11.1% --
07/11/2022 07/11/22 For Rent $1,800 0.0% --
07/11/2022 07/11/22 Rented $1,800 +33.3% --
03/16/2021 03/16/21 For Rent $1,350 0.0% --
03/16/2021 03/16/21 Rented $1,350 0.0% --
10/08/2014 10/08/14 Sold $57,000 -21.4% $63 / Sq Ft View Prior Sale
09/08/2014 09/08/14 Pending -- -- --
02/08/2014 02/08/14 For Sale $72,500 -- $81 / 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 $3,197 $164,000 -- --
2023 $3,117 $159,000 $0 $159,000
2022 $2,766 $121,000 $0 $0
2021 $2,371 $110,000 $0 $110,000
2020 $717 $40,444 $0 $0
2019 $712 $39,535 $0 $0
2018 $592 $38,798 $0 $0
2017 $556 $38,000 $0 $0
2016 $1,247 $49,500 $0 $0
2015 $1,160 $45,000 $0 $0
2014 -- $32,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Landlord's Agent in 2022

    Emmana Mervilus

    Marvelous Realty LLC

    (561) 585-3060

    2 in this area

    29 Total Sales

    Emmana Mervilus
    Section Image
  • James Viscome

    Seller's Agent in 2014

    James Viscome

    Guaranteed Home Sales

    (561) 501-1000

    67 Total Sales

    James Viscome
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10833520

BeachesMLS

APN: 00-42-44-25-31-004-0020

Florida Palm Beach County Lake Worth 33461 Lake Worth Corridor

4306 Royal Banyan Way Unit B, Lake Worth, FL

This home is located at 4306 Royal Banyan Way Unit B, Lake Worth, FL 33461 since 21 September 2022 and is currently priced at $220,455. This property was built in 1983. 4306 Royal Banyan Way Unit B is a home located in Palm Beach County with nearby schools including Diamond View Elementary School, Lake Worth High School, and Tradewinds 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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