NOT LISTED FOR SALE

1025 Morse Blvd Riviera Beach, FL 33404

Estimated Value: $4,414,000 - $5,498,000

5 Beds
6.5 Baths
4,547 Sq Ft
$1,100/Sq Ft Est. Value

Last Sold March 29, 2017

Last sale price $2,450,000 $539 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $31,669/month

170 Days on Market

Highlights

  • Boat Ramp
  • Intracoastal View
  • Waterfront
  • William T. Dwyer High School Rated A-
  • Gunite Pool
  • Vaulted Ceiling

About This Home

As of March 2017

Unique waterfront home with 100 feet of deep-water frontage. This is a Magnificent Custom Built Estate. Exquisite detailing and every imaginable upgrade throughout, nothing left out. This 5 bedroom, 5 1/2 bath beautiful estate includes custom chef's kitchen, large master bedroom, with his and hers baths and walk in closets with imported marble and granite accents and vanities. Tranquil water views and tropical gulfstream breeze throughout lend to the rich feel of this property. Move in ready -- furniture also for sale separately. This home has high end decorator furnishings and appointments, artwork, window treatments which compliment the classic architecture. ready for the discerning buyer. The dock and lift have beenThe dock and lift have been upgraded. This estate is perfect for ent

Last Agent to Sell the Property

Debra Manuel

KW Reserve License #3094078 Listed on: 09/09/2016

KW Reserve

Last Buyer's Agent

Starr Downey

Illustrated Properties LLC (Singer Island) License #3011852

Illustrated Properties LLC (Singer Island)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,525

Year Built

  • Built in 2008

Lot Details

  • 10,500 Sq Ft Lot
  • Waterfront
  • Cul-De-Sac
  • South Facing Home
  • Fenced
  • Sprinkler System
  • Property is zoned RS-5(c

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener
  • Circular Driveway
  • On-Street Parking

Property Views

  • Intracoastal
  • Canal

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 4,547 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Custom Mirrors
  • Central Vacuum
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Vaulted Ceiling
  • Decorative Fireplace
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Tile Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Roman Tub

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Impact Glass

Pool

  • Gunite Pool
  • Saltwater Pool

Outdoor Features

  • Balcony
  • Open Patio
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 56434227010000680

Community Details

Overview

  • Association fees include common areas
  • Yacht Harbor Manor Subdivision

Recreation

  • Boat Ramp
  • Boating
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,525

Year Built

Built in 2008

Lot Details

0

HOA Fees

$150 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: PGA Blvd East to Niklaus Dr, follow onto Singer Island, Morse Blvd on right
  • Year Built: 2008
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Attic, Wet Bar, Breakfast Bar, Built-in Features, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, French Door(s)/Atrium Door(s), Fireplace, Garden Tub/Roman Tub, High Ceilings, Kitchen/Dining Combo, Custom Mirrors, Pantry, Pull Down Attic Stairs, Vaulted Ceiling(s), Walk-In Closet(s), Central Vacuum
  • Furnished: Negotiable
  • Appliances: Built-In Oven, Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Tile
  • Living Area: 4547.0
  • Dining Room Type: Family Room
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony, Fence, Porch
  • View: Canal, Intercoastal
  • Lot Features: Cul-De-Sac, Sprinklers Automatic, < 1/4 Acre
  • Pool Features: Gunite, Heated, Pool, Salt Water
  • Pool Private: Yes
  • View: Yes
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: South
  • Patio And Porch Features: Balcony, Open, Porch
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Driveway, On Street, Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security System
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 150.0
  • Community Features: Boat Facilities, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas

Lot Info

  • Parcel #: 56434227010000680
  • Lot Size Sq Ft: 10500.0
  • Zoning Description: RS-5(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 43525.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2016
Closed on
Mar 29, 2017
Sold by
Rafih Talal and Rafih Terry
Bought by
Schoels Peter
Seller's Agent
Debra Manuel
KW Reserve
Buyer's Agent
Starr Downey
Illustrated Properties LLC (Singer Island)
List Price
$2,850,000
Sold Price
$2,450,000
Premium/Discount to List
-$400,000
-14.04%
Current Estimated Value
$5,001,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,551,768
Avg. Annual Appreciation
9.57%

Purchase Details

Closed on
May 9, 2014
Sold by
Rafih Talal
Bought by
Rafih Kashifi and Rafih Zaki

Purchase Details

Closed on
Mar 18, 2013
Sold by
Rafih Talal
Bought by
Rafih Kashifi and Rafih Zaki

Purchase Details

Closed on
Jan 12, 2011
Sold by
Rafih Talal and Rafih Khishfi
Bought by
Rafih Talal

Purchase Details

Closed on
Feb 19, 2010
Sold by
1025 Morse Blvd Llc
Bought by
Rafih Talal and Rafih Terry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2005
Sold by
Barron Robert H
Bought by
1025 Morse Blvd Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$993,750
Interest Rate
5.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 18, 1999
Sold by
Ronald Krehbiel Tr
Bought by
Barron Robert and Barron Helen

Purchase Details

Closed on
Jun 19, 1998
Sold by
Gordon Gray Iii Tr and Cynthia Mccoy Tr
Bought by
Krehbiel Ronald

Purchase Details

Closed on
Oct 30, 1997
Sold by
Gray Gordon
Bought by
Gray Gordon and Ccoy Cynthia M
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
Schoels Peter $2,450,000 Secure Land Title & Escrow S
Rafih Kashifi -- Attorney
Rafih Talal -- Attorney
Rafih Talal -- Attorney
Rafih Talal $2,000,000 Attorney
1025 Morse Blvd Llc $1,325,000 --
Barron Robert $373,000 --
Krehbiel Ronald $270,000 --
Gray Gordon $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rafih Talal $999,000
Previous Owner 1025 Morse Blvd Llc $993,750
Previous Owner Barron Robert H $200,000
Previous Owner Barron Robert $1,000,000
Previous Owner Barron Robert $720,000
Previous Owner Barron Robert $90,000
Previous Owner Barron Robert $675,000
Previous Owner Gray Gordon $91,949
Previous Owner Gray Gordon $490,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2017 03/29/17 Sold $2,450,000 -14.0% $539 / Sq Ft
02/27/2017 02/27/17 Pending -- -- --
09/09/2016 09/09/16 For Sale $2,850,000 -- $627 / 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 $49,593 $2,439,275 -- --
2023 $48,456 $2,368,228 $0 $0
2022 $47,923 $2,299,250 $0 $0
2021 $47,881 $2,232,282 $0 $0
2020 $47,572 $2,201,462 $0 $0
2019 $46,936 $2,151,967 $0 $0
2018 $44,904 $2,111,842 $895,533 $1,216,309
2017 $43,539 $1,979,783 $785,555 $1,194,228
2016 $42,497 $1,891,175 $0 $0
2015 $43,525 $1,885,911 $0 $0
2014 $41,167 $1,730,216 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10265833

BeachesMLS

APN: 56-43-42-27-01-000-0680