NOT LISTED FOR SALE

721 Cinnamon Rd North Palm Beach, FL 33408

Estimated Value: $432,095 - $532,000

3 Beds
2 Baths
1,080 Sq Ft
$446/Sq Ft Est. Value

Last Sold November 13, 2012

Last sale price $164,000 $152 Per Sq Ft

Est. 194% increase in value since last sale

Current estimated payment $2,854/month

25 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Family Room
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of November 2012

3/2 North Palm Beach home features a large fenced in back yard, screened in patio area and mature trees. Spacious, tiled, living area, dining room and kitchen. An attached carport with storage area is right off the kitchen. Great location! PURCHASE THIS PROPERTY FOR AS LITTLE AS 3% DOWN! THIS PROPERTY IS APPROVED FOR HOMEPATH MORTGAGE FINANCING. THIS PROPERTY IS APPROVED FOR HOMEPATH RENOVATION MORTGAGE FINANCING.*NO OFFERS WILL BE ACKNOWLEDGED FOR 3 DAYS FOR OWNER OCCUPANTS AND 15 DAYS FOR INVESTORS! SELLER MAKES NO WARRANTIES OR REPRESENTATIONS AS TO CONDITION. PROPERTY SOLD AS IS AND APPROVED FOR FANNIE MAE HOMEPATH MORTGAGE FINANCING AND FANNIE MAE HOMEPATH RENOVATION MORTGAGE FINANCING. PLEASE VISIT HOMEPATH FOR MORE INFORMATION. IF APPLICABLE, HO... (see supplement for full remarks)

Last Agent to Sell the Property

Gail Lamborn

Platinum Properties/The Keyes License #3008430 Listed on: 09/18/2012

Platinum Properties/The Keyes

Last Buyer's Agent

Jon Allen

Illustrated Properties LLC License #3250090

Illustrated Properties LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,832

Year Built

  • Built in 1960

Lot Details

  • 10,716

Parking

  • 1 Carport Space

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Ceramic Tile Flooring

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Property is zoned R1
  • Central Heating and Cooling System

Community Details

  • North Palm Beach Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 68434217090100120

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,832

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: US1 south, east on Lighthouse Dr. Left on Cinnamon. House on right.
  • Year Built: 1960
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Special Features: RealEstateOwned

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile
  • Living Area: 1080.0
  • Dining Room Type: Family Room
  • Stories: 1

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Carport Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 68434217090100120
  • Zoning Description: R1

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 2832.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2012
Closed on
Nov 9, 2012
Sold by
Federal National Mortgage Association
Bought by
Woody Jennifer and Licht Christopher
Seller's Agent
Gail Lamborn
Platinum Properties/The Keyes
Buyer's Agent
Jon Allen
Illustrated Properties LLC
List Price
$149,900
Sold Price
$164,000
Premium/Discount to List
$14,100
9.41%
Current Estimated Value
$482,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,024
Avg. Annual Appreciation
8.67%
Original Mortgage
$155,800
Outstanding Balance
$107,966
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$374,058

Purchase Details

Listed on
Sep 18, 2012
Closed on
Sep 24, 2012
Sold by
Alfonso Ray and Alfonso Caroline
Bought by
Federal National Mortgage Association
Seller's Agent
Gail Lamborn
Platinum Properties/The Keyes
Buyer's Agent
Jon Allen
Illustrated Properties LLC
List Price
$149,900
Sold Price
$164,000
Premium/Discount to List
$14,100
9.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,800
Outstanding Balance
$107,966
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$374,058

Purchase Details

Closed on
May 13, 2004
Sold by
Britt Kymberleigh S
Bought by
Alfonso Ray and Alfonso Caroline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,500
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 11, 1998
Sold by
Smith Timothy C and Smith Janice L
Bought by
Britt Kymberleig S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,400
Interest Rate
6.84%
Mortgage Type
New Conventional
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
Woody Jennifer $164,000 New House Title Llc
Federal National Mortgage Association $118,200 None Available
Alfonso Ray $205,000 --
Britt Kymberleig S $92,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woody Jennifer $155,800
Previous Owner Alfonso Ray $184,500
Previous Owner Britt Kymberleig S $87,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2012 11/13/12 Sold $164,000 +9.4% $152 / Sq Ft
10/14/2012 10/14/12 Pending -- -- --
09/18/2012 09/18/12 For Sale $149,900 -- $139 / 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 $3,917 $155,629 -- --
2023 $2,391 $151,096 $0 $0
2022 $2,352 $146,695 $0 $0
2021 $2,327 $142,422 $0 $0
2020 $2,248 $140,456 $0 $0
2019 $2,206 $137,298 $0 $0
2018 $2,090 $134,738 $0 $0
2017 $2,045 $131,967 $0 $0
2016 $2,032 $129,253 $0 $0
2015 $2,071 $128,355 $0 $0
2014 $2,072 $127,336 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R3311076

BeachesMLS

APN: 68-43-42-17-09-010-0120