NOT LISTED FOR SALE

5690 Banana Rd West Palm Beach, FL 33413

Royal Palm Estates Neighborhood

Estimated Value: $395,000 - $471,000

4 Beds
2 Baths
1,343 Sq Ft
$329/Sq Ft Est. Value

Last Sold October 27, 2016

Last sale price $226,000 $168 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $2,614/month

19 Days on Market

Highlights

  • Vaulted Ceiling
  • 2 Car Attached Garage
  • Tile Flooring
  • Garden View
  • Patio
  • 5-minute walk to Caroline Park

About This Home

As of October 2016

Great condition private single family home with no HOA. Impact windows and doors, 2 car garage, stainless steel appliances, seamless gutters around the entire home, tiled throughout, crown moulding in bedrooms, food pantry in kitchen, private rear yard, recessed lighting, open floorplan. 4th bedroom is a den with window but needs closet. Very well maintained home!

Last Agent to Sell the Property

AJ Hollman

Touchstone Real Estate Svcs License #3052831 Listed on: 09/07/2016

Last Buyer's Agent

Ashley Vance

Paradise Real Estate Intl License #3337837

Paradise Real Estate Intl

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,031

Year Built

  • Built in 2006

Lot Details

  • 6,250 Sq Ft Lot
  • Fenced
  • Property is zoned RM

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,343 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Blinds
  • Combination Dining and Living Room
  • Tile Flooring
  • Garden Views
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • Royal Palm Estates 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00424335110160060

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,031

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Southern Blvd to Guava Ave, north to Banana
  • Year Built: 2006
  • Architectural Style: Ranch
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Living/Dining Room, Vaulted Ceiling(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Ice Maker, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Tile
  • Living Area: 1343.0
  • Stories: 1
  • Window Features: Blinds, Drapes

Exterior Features

  • Exterior Features: Fence, Patio
  • View: Garden
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Two or More Spaces

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 00424335110160060
  • Lot Size Sq Ft: 6250.0
  • Zoning Description: RM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1031.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2016
Closed on
Oct 27, 2016
Sold by
Cespedes Luis
Bought by
Velasquez Ramon J and Paz Mirna D
Seller's Agent
AJ Hollman
Touchstone Real Estate Svcs
Buyer's Agent
Ashley Vance
Paradise Real Estate Intl
List Price
$234,900
Sold Price
$226,000
Premium/Discount to List
-$8,900
-3.79%
Current Estimated Value
$441,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,601
Avg. Annual Appreciation
7.80%
Original Mortgage
$216,000
Outstanding Balance
$175,192
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$266,409

Purchase Details

Closed on
Dec 15, 2008
Sold by
Arocho Samuel and Neff Elizabeth
Bought by
Cespedes Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,176
Interest Rate
6.1%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 10, 2006
Sold by
Reichard Holdings Llc
Bought by
Arocho Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,950
Interest Rate
6.19%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 28, 2005
Sold by
Romero Juan F
Bought by
Reichard Holdings Llc

Purchase Details

Closed on
Oct 26, 2001
Sold by
Koncur Jan and Koncur Jadwiga
Bought by
Romero Juan F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,000
Interest Rate
8.5%
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
Velasquez Ramon J $226,000 United Title Agencies I Inc
Cespedes Luis $140,000 United Title Agencies I Inc
Arocho Samuel $254,900 Guardian Title Inc
Reichard Holdings Llc $40,000 Guardian Title Inc
Romero Juan F $12,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velasquez Ramon J $216,000
Previous Owner Cespedes Luis $138,176
Previous Owner Arocho Samuel $50,950
Previous Owner Arocho Samuel $203,900
Previous Owner Romero Juan F $11,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2016 10/27/16 Sold $226,000 -3.8% $168 / Sq Ft
09/27/2016 09/27/16 Pending -- -- --
09/07/2016 09/07/16 For Sale $234,900 -- $175 / 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 $3,160 $201,409 -- --
2023 $3,070 $195,543 $0 $0
2022 $3,033 $189,848 $0 $0
2021 $2,984 $184,318 $0 $0
2020 $2,791 $172,525 $0 $0
2019 $2,754 $168,646 $0 $0
2018 $2,587 $165,501 $0 $0
2017 $2,521 $162,097 $35,146 $126,951
2016 $1,012 $74,937 $0 $0
2015 $1,031 $74,416 $0 $0
2014 $1,037 $73,825 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    AJ Hollman

    Touchstone Real Estate Svcs

    (561) 301-3750

    20 Total Sales

    AJ Hollman
    Section Image
  • Ashley Vance

    Buyer's Agent in 2016

    Ashley Vance

    Paradise Real Estate Intl

    (646) 265-6412

    53 Total Sales

    Ashley Vance
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10265355

BeachesMLS

APN: 00-42-43-35-11-016-0060

Florida Palm Beach County West Palm Beach 33413 Royal Palm Estates

5690 Banana Rd, West Palm Beach, FL

This home is located at 5690 Banana Rd, West Palm Beach, FL 33413 since 07 September 2016 and is currently estimated at $441,601, approximately $328 per square foot. This property was built in 2006. 5690 Banana Rd is a home located in Palm Beach County with nearby schools including Benoist Farms Elementary School, Jeaga 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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