NOT LISTED FOR SALE

Estimated Value: $7,467,991 - $9,249,000

4 Beds
6 Baths
5,228 Sq Ft
$1,592/Sq Ft Est. Value

Last Sold October 22, 2020

Last sale price $6,000,000 $1,148 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $52,441/month

321 Days on Market

Highlights

  • On Golf Course
  • New Construction
  • High Ceiling
  • Boca Raton Community Middle School Rated A-
  • Heated Pool
  • Great Room

About This Home

As of October 2020

This home is located at 1220 Thatch Palm Dr, Boca Raton, FL 33432 since 05 November 2019 and is currently estimated at $8,322,498, approximately $1,591 per square foot. This property was built in 2020. 1220 Thatch Palm Dr is a home located in Palm Beach County with nearby schools including Boca Raton Elementary School, Boca Raton Community Middle School, and Boca Raton Community High School.

Last Agent to Sell the Property

David Roberts

Royal Palm Properties LLC License #464265 Listed on: 11/05/2019

Last Buyer's Agent

David Roberts

Royal Palm Properties LLC License #464265 Listed on: 11/05/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,136

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 9,774 Sq Ft Lot
  • On Golf Course
  • Sprinkler System
  • Property is zoned R1A(ci

HOA Fees

  • $247 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Driveway

Property Views

  • Golf Course
  • Garden
  • Pool

Interior Spaces

  • 5,228 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • High Ceiling
  • Entrance Foyer
  • Great Room
  • Combination Kitchen and Dining Room
  • Den
  • Impact Glass

Kitchen

  • Breakfast Bar
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Heated Pool
  • Balcony
  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06434729100250380

Community Details

Overview

  • Association fees include common areas, security
  • Royal Palm Yacht & Countr Subdivision

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,136

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$247 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Royal Palm Yacht & Country Club Federal Hwy Entrance Left on Thatch Palm Drive
  • Year Built: 2020
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: 4098

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Bar, Entrance Foyer, High Ceilings, Kitchen/Dining Combo, Pantry, Walk-In Closet(s), Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Other
  • Living Area: 5228.0
  • Dining Room Type: Den, Great Room, Laundry
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony, Outdoor Grill, Patio
  • View: Golf Course, Garden, Pool
  • Lot Features: On Golf Course, Sprinklers Automatic, < 1/4 Acre
  • Pool Features: Heated, Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: New Construction

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Two or More Spaces

Utilities

  • Security: Security Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 247.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Security

Lot Info

  • Parcel #: 06434729100250380
  • Lot Size Sq Ft: 9774.0
  • Zoning Description: R1A(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 26136.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2019
Closed on
Oct 22, 2020
Sold by
Dingle Scott R and Mm Steven R
Bought by
Silcock Raymond and Silcock Houda
Seller's Agent
David Roberts
Royal Palm Properties LLC
Buyer's Agent
David Roberts
Royal Palm Properties LLC
List Price
$7,395,000
Sold Price
$6,000,000
Premium/Discount to List
-$1,395,000
-18.86%
Current Estimated Value
$8,322,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,322,498
Avg. Annual Appreciation
7.26%

Purchase Details

Listed on
Oct 15, 2018
Closed on
Apr 23, 2019
Sold by
Depass William K and Depass Elizabeth H
Bought by
Dingle Scott R and Dingle Steven R
Seller's Agent
David Roberts
Royal Palm Properties LLC
Buyer's Agent
David Roberts
Royal Palm Properties LLC
List Price
$2,075,000
Sold Price
$1,700,000
Premium/Discount to List
-$375,000
-18.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
131.81%

Purchase Details

Listed on
Feb 21, 2012
Closed on
Jul 20, 2012
Sold by
Morris Richard and Morris Catherine
Bought by
Depass William K and Depass Elizabeth H
Seller's Agent
David Roberts
Royal Palm Properties LLC
Buyer's Agent
David Roberts
Royal Palm Properties LLC
List Price
$1,375,000
Sold Price
$1,040,000
Premium/Discount to List
-$335,000
-24.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.54%

Purchase Details

Closed on
May 5, 2008
Sold by
Videl W Rack Family Trust
Bought by
Morris Richard and Morris Catherine

Purchase Details

Closed on
Mar 18, 2005
Sold by
Rack Gary
Bought by
Videl W Rack Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$805,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 16, 2005
Sold by
Maranges Raymond
Bought by
Rack Gary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$805,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 2003
Sold by
Sachs Rita and Sachs Christian S
Bought by
Sachs Douglas S and Sachs Henry T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
3.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 2003
Sold by
Sachs Henry T and Sachs Douglas R
Bought by
Sachs Douglas R and Sachs Henry T

Purchase Details

Closed on
May 15, 1996
Sold by
Sachs Henry T and Sachs Rita
Bought by
Sachs Henry T and Sachs Douglas R
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Silcock Raymond $6,000,000 Attorney
Dingle Scott R $1,700,000 Attorney
Depass William K $1,040,000 Old Palm Title Llc
Morris Richard $1,300,000 Old Palm Title Llc
Videl W Rack Family Trust -- --
Rack Gary J $1,150,000 Suncoast Title Of Wellington
Sachs Douglas S $900,000 Palmetto Park Title Company
Sachs Douglas R -- --
Sachs Henry T $100 --
Sachs Henry T $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silcock Raymond $3,000,000
Closed Silcock Raymond $3,000,000
Previous Owner Dingle Steven R $3,027,040
Previous Owner Rack Gary J $805,000
Previous Owner Sachs Douglas S $720,000
Closed Rack Gary J $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2020 10/22/20 Sold $6,000,000 -18.9% $1,148 / Sq Ft
09/22/2020 09/22/20 Pending -- -- --
11/05/2019 11/05/19 For Sale $7,395,000 +335.0% $1,414 / Sq Ft
04/23/2019 04/23/19 Sold $1,700,000 -18.1% $817 / Sq Ft
03/24/2019 03/24/19 Pending -- -- --
10/15/2018 10/15/18 For Sale $2,075,000 +99.5% $997 / Sq Ft
07/20/2012 07/20/12 Sold $1,040,000 -24.4% $500 / Sq Ft
06/20/2012 06/20/12 Pending -- -- --
02/21/2012 02/21/12 For Sale $1,375,000 -- $660 / 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 $94,234 $5,559,232 -- --
2023 $92,264 $5,397,313 $0 $0
2022 $91,642 $5,240,110 $0 $0
2021 $91,457 $5,087,485 $1,630,905 $3,456,580
2020 $30,872 $1,700,000 $1,700,000 $0
2019 $26,530 $1,450,743 $0 $0
2018 $24,865 $1,423,693 $0 $0
2017 $24,728 $1,394,410 $0 $0
2016 $24,823 $1,365,730 $0 $0
2015 $25,502 $1,356,236 $0 $0
2014 -- $1,022,433 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10575429

BeachesMLS

APN: 06-43-47-29-10-025-0380