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5653 Banana Road

5653 Banana Road, West Palm Beach, FL 33413
Sold Jan 14, 2021
$255,500
$246,453 by Crosscountry Mortgage Llc
Mortgage Due Jan 01, 2051
Sold Jun 23, 2016
$132,000
$450,700,381 by American Financial Network Inc
Mortgage Due Jul 01, 2046
Local assessors in West Palm Beach, FL have categorized 5653 Banana Road as a residential type of property. The home was built in 1964 and is 60 years old. It was most recently renovated and altered in 1994. The property's lot size has been calculated to be 6,251 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 500 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5653 Banana Road has a total of 1,056 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable or hip style roof that was made of asphalt. Lots of concrete block were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with nothing. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5653 Banana Road sold most recently in Dec 30, 2020 for a total of $255,500. If you work out the math, that's approximately a cost of $141.32 per sqft. Before that, the property was also sold for $132,000 in Jun 17, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,317 in taxes each year. 5653 Banana Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $210,607. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 3
  • 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: Tile
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,251
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,808
  • Gross Building Area: 1,808
  • Building Area: 1,056
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,056
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROYAL PALM ESTS
  • Land Acres: 0.144
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ROYAL PALM ESTS~ LT 15 BLK 15

Ownership

  • Current Owner : SANTOS GUSTAVO
  • Current Owner 2: MUNOZ GUSTAVO ADOLFO
  • Previous Owner : CRUZ MARIO E GODOY
  • Previous Owner 2: LOPEZ NEIDY SUCELI
  • Owner Before Previous Owner: THOMPSON WILLIAM R
  • Owner Before Previous Owner 2: THOMPSON MELISSA H
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: RM

Geography

  • Assessors Map Reference: 174
  • Parcel: 00-42-43-35-10-015-0150
  • Block: 15
  • Lot: 15
  • Meridian: SEC 35 TWN 43S RNG 42E
  • Municipality: UNINCORPORATED
  • Latitude: 26.6801
  • Longitude: -80.131

    Address

  • Full Address: 5653 Banana Rd
  • Address - House Number: 5653
  • Address - Street Name: Banana
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: West Palm Beach
  • Carrier Code: C022
  • 4-Digit Zip Code: 1814
  • Zip Code: 33413

Valuation

    Tax

  • Total Area: 1,261
  • Tax Year: 2023
  • Tax Amount: $3,317
  • Tax Rate Code Area: 192

    Appraisal Valuation

  • Standard Deviation: 0.2013
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 72
  • Final Value: 378,508
  • High Value: 454,702
  • Low Value: 302,313

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $246,453
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jan 14, 2021
  • First Open Lien Mortgage Loan Amount: $246,453
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $270,332
  • Market Land Value: $114,000
  • Market Improvement Value: $156,332

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $210,607

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 30, 2020
  • Current Sale Recording Date: Jan 14, 2021
  • Current Sale Transaction ID: 11815823240
  • Current Sale Price: $255,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210020191
  • Previous Sale Recording Date: Jun 23, 2016
  • Previous Sale Contract Date: Jun 17, 2016
  • Previous Sale Amount: $132,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Mortgage Transaction Date: Jan 14, 2021
  • First Mortgage Loan Amount: $246,453
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN FINANCIAL NETWORK INC
  • Previous Mortgage Transaction Date: Jun 23, 2016
  • Previous Mortgage Loan Amount: $450,700,381
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2046

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Frequently Asked Questions

What neighborhood is 5653 Banana Road located in?
The 5653 Banana Road is a house located in the neighborhood of Royal Palm Estates in Royal Palm Estates, West Palm Beach.
What is the average sales price for listings in 5653 Banana Road?
The average sales price for units in 5653 Banana Road is $0 currently.

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