NOT LISTED FOR SALE

5820 Banana Rd West Palm Beach, FL 33413

Royal Palm Estates Neighborhood

Estimated Value: $885,000 - $1,115,000

2 Beds
1 Bath
4,070 Sq Ft
$236/Sq Ft Est. Value

About This Home

**EASY SHOWINGS/FAST APPROVAL** Great 2-bedroom apartment in a 5 plex off Southern BLVD. Great neighbors, big open spacious front courtyard. Granite countertops, new stainless steel appliances, washer and dryer in unit. Apply now !!
UTILITIES:
- Tenant pays water
- Tenant pays electric, cable, internet
LEASE TERMS:
- Annual lease, minimum one year. Longer term available.
- Available for immediate move-in
MOVE-IN COSTS:
- First month's rent.
- ONE-TIME non-refundable Risk Fee (Based on credit score) + $399 admin fees OR standard 2-month security deposit + $99 admin fees
- Renters insurance required (sign with our preferred vendor to take advantage of bulk pricing and make it easier and faster)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2023
Sold by
Litteken Frank S
Bought by
Bhadriraju Krishna Srirama and Medepalli Kantha
Current Estimated Value
$961,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,400
Outstanding Balance
$666,634
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$294,407

Purchase Details

Closed on
Nov 30, 2017
Sold by
Palm Banana Llc
Bought by
Litteken Frank S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,750
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2012
Sold by
Banana Road Llc
Bought by
Palm Banana Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.86%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 1, 2010
Sold by
Lch Associates Llc
Bought by
Banana Road Llc

Purchase Details

Closed on
May 11, 2010
Sold by
Alcenat Saurel and Alcenat Carmelite
Bought by
Lch Associates Llc

Purchase Details

Closed on
Jun 10, 2003
Sold by
Earnhart Esq Craig D and Golden Goose Properties Inc
Bought by
Alcenat Saurel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 2003
Sold by
Bond Patricia R
Bought by
Earnhart Esq Craig D and Golden Goose Properties Inc

Purchase Details

Closed on
Oct 1, 1993
Sold by
Mcdowell Michael
Bought by
Bond Patricia Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,589
Interest Rate
7.14%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Bhadriraju Krishna Srirama $856,500 Harbour Land Title
Litteken Frank S $305,000 Attorney
Palm Banana Llc $255,000 Attorney
Banana Road Llc $155,000 Attorney
Lch Associates Llc $109,200 None Available
Alcenat Saurel $300,000 --
Earnhart Esq Craig D $190,000 --
Bond Patricia Rose $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhadriraju Krishna Srirama $682,400
Previous Owner Litteken Frank S $228,750
Previous Owner Palm Banana Llc $200,000
Previous Owner Alcenat Saurel $360,000
Previous Owner Alcenat Saurel $270,000
Previous Owner Bond Patricia Rose $138,589
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2023 08/07/23 Under Contract -- -- --
08/04/2023 08/04/23 Rented $1,849 0.0% --
07/22/2023 07/22/23 Price Changed $1,849 -2.6% $0 / Sq Ft
07/14/2023 07/14/23 Price Changed $1,899 -2.6% $0 / Sq Ft
07/08/2023 07/08/23 Price Changed $1,949 -0.1% $0 / Sq Ft
06/02/2023 06/02/23 For Rent $1,950 +143.8% --
02/07/2014 02/07/14 For Rent $800 0.0% --
02/07/2014 02/07/14 Rented $800 -- --

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 $13,257 $712,706 -- --
2023 $11,155 $558,758 $258,000 $361,878
2022 $10,733 $507,962 $0 $0
2021 $9,462 $461,784 $176,000 $285,784
2020 $9,837 $457,689 $176,000 $281,689
2019 $9,232 $417,876 $176,000 $241,876
2018 $8,114 $361,757 $155,925 $205,832
2017 $6,253 $309,782 $103,950 $205,832
2016 $5,790 $205,818 $0 $0
2015 $5,488 $187,107 $0 $0
2014 $5,229 $170,097 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Alex Penaranda

    Mayfair Real Estate LLC

    (954) 591-1374

    Alex Penaranda
    Section Image

  • M

    Buyer's Agent in 2023

    Michael G Haines

    Keller Williams Realty Profess

    (754) 248-6921

    12 Total Sales

    Michael G Haines
    Section Image

  • C

    Seller's Agent in 2014

    Cindy Bray

    William Raveis Real Estate

    (561) 655-6570

    1 in this area

    70 Total Sales

    Cindy Bray
    Section Image
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Map

Florida Palm Beach County West Palm Beach 33413 Royal Palm Estates

5820 Banana Rd, West Palm Beach, FL

This home is located at 5820 Banana Rd, West Palm Beach, FL 33413 and is currently estimated at $961,041, approximately $236 per square foot. 5820 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.

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