NOT LISTED FOR SALE

735 Palama Way Lantana, FL 33462

Estimated Value: $481,738 - $507,000

3 Beds
2 Baths
1,436 Sq Ft
$343/Sq Ft Est. Value

Sale Details

Date Sold: June 29, 2020

Last sale price $320,000 $223 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,191 / mo

2 Days on Market

Highlights

  • In Ground Pool
  • No HOA
  • Formal Dining Room
  • Outdoor Living Area
  • Screened Porch
  • 4-minute walk to Maddock Park

About This Home

As of June 2020

Fantastic opportunity to own a 3 bedroom, 2 bathroom, 1 car garage home. Featuring a salt water pool, updated kitchen with granite counters, a split-bedroom floor plan, interior laundry room and full hurricane protection.

Last Agent to Sell the Property

Gregory Williams

Charles Rutenberg Realty FTL License #3317863 Listed on: 05/06/2020

Charles Rutenberg Realty FTL

Co-Listed By

Amanda Zachman

MV Realty PBC LLC License #3244459

Last Buyer's Agent

Jonathan Woolf

Woolf Realty Inc. License #0691926

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,292

Year Built

  • Built in 1980

Lot Details

  • 7,500 Sq Ft Lot
  • East Facing Home
  • Property is zoned R3(cit

Parking

  • 1 Car Attached Garage
  • Circular Driveway

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,436 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room
  • Screened Porch
  • Carpet

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Saltwater Pool

Outdoor Features

  • Patio
  • Outdoor Living Area

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 40434504140060160

Community Details

Overview

  • No Home Owners Association
  • Maddock Add 2 Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,292

Year Built

Built in 1980

Lot Details

7,500 Sq Ft Lot

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Hypoluxo east of 95. north on Sea Pines to Palama. house on left.
  • Year Built: 1980
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Dining Area, Separate/Formal Dining Room, Kitchen/Dining Combo, Main Level Primary, Split Bedrooms
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Location: Entry Level Living Area Y
  • Flooring: Carpet
  • Living Area: 1436.0
  • Stories: 1

Exterior Features

  • Exterior Features: Outdoor Living Area
  • Lot Features: < 1/4 Acre
  • Pool Features: In Ground, Salt Water
  • Pool Private: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Patio, Screened
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Garage

Utilities

  • Laundry Features: Inside
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: Sidewalks, Trail(s)
  • Association: No
  • Pets Allowed: No Pet Restrictions, Yes

Lot Info

  • Parcel #: 40434504140060160
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405.2
  • Mobile Dim Units: Feet
  • Zoning: R3(cit

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2291.51

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2020
Closed on
Jun 29, 2020
Sold by
Kowall Finizio Kathryn
Bought by
White Jeffery M
Seller's Agent
Gregory Williams
Charles Rutenberg Realty FTL
Buyer's Agent
Jonathan Woolf
Woolf Realty Inc.
List Price
$280,000
Sold Price
$320,000
Premium/Discount to List
$40,000
14.29%
Current Estimated Value
$493,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,185
Avg. Annual Appreciation
7.77%
Original Mortgage
$314,204
Outstanding Balance
$276,665
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$216,520

Purchase Details

Closed on
Sep 13, 2013
Sold by
Finizio Vincent Anthony
Bought by
Finizio Vincent Anthony and Kowall Finizio Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
4.53%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
White Jeffery M $320,000 Assure America Title Company
Finizio Vincent Anthony $65,038 First Title Source Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Jeffery M $314,204
Previous Owner Finizio Vincent Anthony $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2020 06/29/20 Sold $320,000 +14.3% $223 / Sq Ft
05/30/2020 05/30/20 Pending -- -- --
05/06/2020 05/06/20 For Sale $280,000 -- $195 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $6,420 $350,368 -- --
2024 $6,420 $340,494 -- --
2023 $6,268 $335,000 $0 $0
2022 $6,228 $325,243 $0 $0
2021 $5,623 $251,429 $120,000 $131,429
2020 $2,337 $131,302 $0 $0
2019 $2,292 $128,350 $0 $0
2018 $2,177 $125,957 $0 $0
2017 $2,079 $123,366 $0 $0
2016 $2,043 $120,829 $0 $0
2015 $2,076 $119,989 $0 $0
2014 $2,077 $119,037 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10620614

BeachesMLS (Greater Fort Lauderdale)

APN: 40-43-45-04-14-006-0160

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