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5812 Banana Road

5812 Banana Road, West Palm Beach, FL 33413
1 Units For Sale
Unit for sale at 5812 Banana Road, West Palm Beach, FL 33413

$950,000

  • 11 Beds
  • 5 Baths
  • 4,070 ft²
5812 Banana Road, West Palm Beach, FL 33413 Listing by Cynthia P Bray

Local assessors in West Palm Beach, FL have categorized 5812 Banana Road as a residential type of property. The home was built in 1971 and is 53 years old. It was most recently renovated and altered in 1976. The property's lot size has been calculated to be 17,498 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 1,400 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. 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, 7 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 are 4 full bathrooms. There are also 4 partial bathrooms. 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 5812 Banana Road has a total of 4,070 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 screened 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 a packaged air conditioning unit for their cooling system. The home's no heating system 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, 5812 Banana Road sold most recently in Mar 29, 2023 for a total of $856,500. If you work out the math, that's approximately a cost of $179.03 per sqft. Before that, the property was also sold for $305,000 in Nov 30, 2017. 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 $11,155 in taxes each year. 5812 Banana Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $558,758. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.

Building Features

Parking

Open Parking
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1976
  • Building Count: 3
  • Bedroom Count: 7
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Duplex
  • 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: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio - screened
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 17,498
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,400
  • Total Building Area: 4,784
  • Gross Building Area: 5,056
  • Building Area: 4,070
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: None
  • Heated Square Feet: 4,070
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROYAL PALM ESTATE
  • Land Acres: 0.402
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: ROYAL PALM ESTATES PL NO 3 E 40 FT OF LT 3 & LTS 4 & 5 BLK 19

Ownership

  • Current Owner : BHADRIRAJU KRISHNA SRIRAMA
  • Current Owner 2: MEDEPALLI KANTHA
  • Previous Owner : LITTEKEN FRANK S
  • Owner Before Previous Owner: PALM BANANA LLC
  • Ownership Rights Codes: Husband and wife

Neighborhood

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

Zoning

  • Zoning: RM

Geography

  • Assessors Map Reference: 174
  • Parcel: 00-42-43-35-12-019-0031
  • Block: 19
  • Lot: 3,4,5
  • Meridian: SEC 35 TWN 43S RNG 42E
  • Municipality: UNINCORPORATED
  • Latitude: 26.6797
  • Longitude: -80.1338

    Address

  • Full Address: 5812 Banana Rd
  • Address - House Number: 5812
  • Address - Street Name: Banana
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: West Palm Beach
  • Carrier Code: C022
  • 4-Digit Zip Code: 1875
  • Zip Code: 33413

Valuation

    Tax

  • Total Area: 4,270
  • Tax Year: 2023
  • Tax Amount: $11,155
  • Tax Rate Code Area: 192

    Appraisal Valuation

  • Standard Deviation: 0.184
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 898,046
  • High Value: 1,063,345
  • Low Value: 732,746

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $682,400
  • First Open Lien Mortgage Lender: FARMERS BANK & TRUST
  • First Open Lien Mortgage Recording Date: Apr 05, 2023
  • First Open Lien Mortgage Loan Amount: $682,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2053

    Market Valuation

  • Market Total Value: $619,878
  • Market Land Value: $258,000
  • Market Improvement Value: $361,878

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $558,758

    Sales

  • Current Sale Contract Date: Mar 29, 2023
  • Current Sale Recording Date: Apr 05, 2023
  • Current Sale Transaction ID: 11905097604
  • Current Sale Price: $856,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 111998
  • Previous Sale Recording Date: Dec 05, 2017
  • Previous Sale Contract Date: Nov 30, 2017
  • Previous Sale Amount: $305,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FARMERS BANK & TRUST
  • First Mortgage Transaction Date: Apr 05, 2023
  • First Mortgage Loan Amount: $682,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: SUNVEST MORTGAGE GROUP LLC
  • Previous Mortgage Transaction Date: Dec 05, 2017
  • Previous Mortgage Loan Amount: $228,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2048

About Royal Palm Estates



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Frequently Asked Questions

What neighborhood is 5812 Banana Road located in?
The 5812 Banana Road is a located in the neighborhood of Royal Palm Estates in Royal Palm Estates, West Palm Beach.
How many listings are currently for sale in 5812 Banana Road?
There is one unit for sale right now.
What is the average sales price for listings in 5812 Banana Road?
The average sales price for units in 5812 Banana Road is $950,000 , or $233/sqft. currently.

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