5690 Banana Rd West Palm Beach, FL 33413
Royal Palm Estates NeighborhoodEstimated Value: $419,000 - $488,000
4
Beds
2
Baths
1,343
Sq Ft
$335/Sq Ft
Est. Value
Highlights
- Vaulted Ceiling
- 2 Car Attached Garage
- Tile Flooring
- Garden View
- Patio
- 5-minute walk to Caroline Park
About This Home
As of October 2016Great 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
Touchstone Real Estate Svcs License #3052831 Listed on: 09/07/2016
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
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%
Total Days on Market
19
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,823
Avg. Annual Appreciation
8.32%
Original Mortgage
$216,000
Outstanding Balance
$177,435
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$273,485
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%
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | $136,904 | |
| Previous Owner | Cespedes Luis | $135,845 | |
| 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 | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
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
-
AJ Hollman
A
Seller's Agent in 2016
AJ Hollman
Touchstone Real Estate Svcs
(561) 301-3750
17 Total Sales
-
Ashley Vance
Buyer's Agent in 2016
Ashley Vance
Paradise Real Estate Intl
(646) 265-6412
51 Total Sales
Map
Source: BeachesMLS
MLS Number: R10265355
APN: 00-42-43-35-11-016-0060
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