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5605 Banana Road

5605 Banana Road, West Palm Beach, FL 33413
Sold Feb 25, 2002
$90,000
$85,500 by Pmcc Mtg Corp
Mortgage Due Mar 01, 2032
Sold Nov 07, 2000
$63,000
Seller
$56,498 by First Union National Bank
Mortgage
5605 Banana Road has been categorized by the local assessors in West Palm Beach, FL as a residential type of property. The building on the property was first built in 1973 and is 51 years old. However, we must point out that the home was most recently renovated and altered in 1980. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5605 Banana Road has 1,324 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,480 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 7,405 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying both a open porch and a patio. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable or hip style roof made of asphalt. The exterior walls of the building are made of concrete block. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with electricity. The property was last sold in Feb 22, 2002 for $90,000. That's $65.31 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $63,000. 5605 Banana Road was last assessed in 2023. The total value of the property was assessed at $196,835. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,126. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,480
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,378
  • Gross Building Area: 1,378
  • Building Area: 1,324
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,324
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROYAL PALM ESTATE
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ROYAL PALM ESTATES LT 11 BLK 3

Ownership

  • Current Owner : ALVES ENDERSON
  • Current Owner 2: ALVES JACQUELIN M
  • Previous Owner : MONTES MICHAEL
  • Owner Before Previous Owner: SEC OF HUD
  • Is Owner Occupied: Owner-occupied property
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Apr 04, 2024

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 003201

Zoning

  • Zoning: RM

Geography

  • Assessors Map Reference: 174
  • Parcel: 00-42-43-35-10-003-0110
  • Block: 3
  • Lot: 11
  • Meridian: SEC 35 TWN 43S RNG 42E
  • Municipality: UNINCORPORATED
  • Latitude: 26.6801
  • Longitude: -80.1302

    Address

  • Full Address: 5605 Banana Rd
  • Address - House Number: 5605
  • Address - Street Name: Banana
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: West Palm Beach
  • Carrier Code: C022
  • 4-Digit Zip Code: 1812
  • Zip Code: 33413

Valuation

    Tax

  • Total Area: 1,327
  • Tax Year: 2023
  • Tax Amount: $4,126
  • Tax Rate Code Area: 192

    Appraisal Valuation

  • Standard Deviation: 0.2072
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 370,400
  • High Value: 447,162
  • Low Value: 293,637

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $85,500
  • First Open Lien Mortgage Lender: PMCC MTG CORP
  • First Open Lien Mortgage Recording Date: Feb 25, 2002
  • First Open Lien Mortgage Loan Amount: $85,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2032

    Market Valuation

  • Market Total Value: $255,047
  • Market Land Value: $114,000
  • Market Improvement Value: $141,047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $196,835

    Sales

  • Current Sale Contract Date: Feb 22, 2002
  • Current Sale Recording Date: Feb 25, 2002
  • Current Sale Transaction ID: 1062042514
  • Current Sale Price: $90,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20020102148
  • Previous Sale Recording Date: Nov 07, 2000
  • Previous Sale Amount: $63,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PMCC MTG CORP
  • First Mortgage Transaction Date: Feb 25, 2002
  • First Mortgage Loan Amount: $85,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Mar 01, 2032

    Previous Mortgages

  • Previous Mortgage Lender: FIRST UNION NATIONAL BANK
  • Previous Mortgage Transaction Date: Nov 07, 2000
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $56,498
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 5605 Banana Road located in?
The 5605 Banana Road is a located in the neighborhood of Royal Palm Estates in Royal Palm Estates, West Palm Beach.
What is the average sales price for listings in 5605 Banana Road?
The average sales price for units in 5605 Banana Road is $0 currently.

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