$1,950,000
SOLD FEB 12, 2024
3 Beds
2 Baths
2,309 Sq Ft
0.34 Acres

Recently Sold

$845 Per Sq Ft

15% Below List Price

77 Days on Market

Highlights

  • Private Pool
  • Attic
  • 2 Car Attached Garage
  • Boca Raton Community Middle School Rated A-
  • Breakfast Area or Nook
  • 3-minute walk to Spanish River Athletic Facilities

About This Home

As of February 2024

Now presenting 1060 Spanish River Road for sale for the first time in over 40 years, a one of a kind property in the esteemed neighborhood of The Estates of Spanish River Land in Boca Raton. About as close as a single family home can get to the Boca Raton Hotel and Club, walk just a few minutes in the other direction and you're at the beach. In addition to the perfect location, the property also presents a generous oversized lot measuring 1/3 acre, with dimensions of 100x150 providing ample room for potential extensions to the existing home or the opportunity to construct a new masterpiece, with 15,000 square feet of land available for new construction.

Last Agent to Sell the Property

Nicholas Gonzalez

Serhant License #3348979 Listed on: 11/02/2023

Serhant

Co-Listed By

Matthew Moser

Serhant License #3281268

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,352

Year Built

  • Built in 1968

Lot Details

  • 0.34 Acre Lot
  • Property is zoned R1A(ci

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 2,309 Sq Ft Home
  • 1-Story Property
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Dishwasher

Flooring

  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Private Pool

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Spanish River Land Co Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06434729050040062

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,352

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 1968
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Walk-In Closet(s), Attic
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Gas Range, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Terrazzo, Tile
  • Living Area: 2309.0
  • Dining Room Type: Attic
  • Stories: 1

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 06434729050040062
  • Lot Size: 100.0 ft x 150.0 ft Surv
  • Lot Size Sq Ft: 15000.0
  • Zoning Description: R1A(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7352.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2023
Closed on
Feb 12, 2024
Sold by
Michael J Perlman Trust
Bought by
Mora Manuel and Cabrera Angela
Seller's Agent
Nicholas Gonzalez
Serhant
List Price
$2,295,000
Sold Price
$1,950,000
Premium/Discount to List
-$345,000
-15.03%
Views
107
Current Estimated Value
$2,544,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$594,652
Avg. Annual Appreciation
20.30%
Original Mortgage
$1,365,000
Interest Rate
6.6%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 23, 2016
Sold by
Perlman M Jay
Bought by
Perlman Michael Jay and The Michael Jay Perlman Revocable Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,950,000 Coastal Abstract
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,439,000 New Conventional
Closed $1,365,000 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2024 02/12/24 Sold $1,950,000 0.0% $845 / Sq Ft
02/12/2024 02/12/24 Sold $1,950,000 -15.0% $845 / Sq Ft
01/19/2024 01/19/24 Pending -- -- --
01/19/2024 01/19/24 Pending -- -- --
11/24/2023 11/24/23 For Sale $2,295,000 0.0% $994 / Sq Ft
11/02/2023 11/02/23 For Sale $2,295,000 +17.7% $994 / Sq Ft
10/03/2023 10/03/23 Off Market $1,950,000 -- --
07/18/2023 07/18/23 Price Changed $2,295,000 -4.2% $994 / Sq Ft
06/05/2023 06/05/23 For Sale $2,395,000 -- $1,037 / 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 $44,324 $2,584,816 -- --
2023 $7,352 $449,022 $0 $0
2022 $7,279 $435,944 $0 $0
2021 $7,235 $423,247 $0 $0
2020 $7,128 $417,403 $0 $0
2019 $17,923 $947,235 $735,000 $212,235
2018 $6,696 $400,411 $0 $0
2017 $6,641 $392,175 $0 $0
2016 $6,641 $384,109 $0 $0
2015 $6,801 $381,439 $0 $0
2014 $6,828 $378,412 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10932715

BeachesMLS

APN: 06-43-47-29-05-004-0062