NOT LISTED FOR SALE

1221 Banyan Rd Boca Raton, FL 33432

Spanish River Land Neighborhood

Estimated Value: $3,270,000 - $3,769,000

4 Beds
3.5 Baths
3,274 Sq Ft
$1,080/Sq Ft Est. Value

Last Sold April 04, 2024

Last sale price $3,100,000 $947 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $20,382/month

82 Days on Market

Highlights

  • Private Pool
  • Deck
  • Wood Flooring
  • Boca Raton Community Middle School Rated A-
  • Vaulted Ceiling
  • 4-minute walk to South Inlet Park

About This Home

As of April 2024

LOCATION:Estate Section, Boca Raton, Florida: A neighborhood known as the crown jewel of Boca Raton, the Estate Section combines a premier locale with a rich heritage in one of Florida's finest beachside enclaves. Established in the 1930s, this exclusive neighborhood captures a timeless setting with stately residences in a lush landscape with century-old banyan trees and towering palms. This prestigious Old Boca area is ideally located just minutes away from superb shops, restaurants and the world-class amenities of the renowned resort, The Boca Raton and a block from the beach.

Last Agent to Sell the Property

Joseph Liguori

Premier Estate Properties Inc License #487849 Listed on: 10/03/2023

Last Buyer's Agent

Nicholas Gonzalez

Serhant License #3348979

Serhant

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,968

Year Built

  • Built in 1957

Lot Details

  • 0.4 Acre Lot
  • Fenced
  • Property is zoned R1A(ci

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Property Views

  • Garden
  • Pool

Home Design

  • Mediterranean Architecture
  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 3,274 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • French Doors
  • Family Room
  • Den
  • Home Security System

Kitchen

  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Deck
  • Patio

Utilities

  • Zoned Heating and Cooling
  • Electric Water Heater
  • Water Purifier

Community Details

  • The Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06434729050100021

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,968

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Federal Highway east on Camino Real over Intracoastal bridge, third right onto Banyan.
  • Year Built: 1957
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Closet Cabinetry, Dual Sinks, French Door(s)/Atrium Door(s), Jetted Tub, Pantry, Split Bedrooms, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Microwave, Refrigerator, Water Purifier, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Flooring: Tile, Wood
  • Living Area: 3274.0
  • Dining Room Type: Den, Family Room, Laundry
  • Stories: 1

Exterior Features

  • Exterior Features: Deck, Fence, Patio
  • View: Garden, Pool
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale
  • Roof: Spanish Tile, Tile

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Security System
  • Cooling: Central Air, Ceiling Fan(s), Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 06434729050100021
  • Lot Size: 110.0 ft x 160.0 ft
  • Lot Size Sq Ft: 17609.0
  • Zoning Description: R1A(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 19968.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2023
Closed on
Apr 4, 2024
Sold by
Carl Kenneth and Carl Marilyn
Bought by
Ferrara Vincenzo
Seller's Agent
Joseph Liguori
Premier Estate Properties Inc
Buyer's Agent
Nicholas Gonzalez
Serhant
List Price
$3,450,000
Sold Price
$3,100,000
Premium/Discount to List
-$350,000
-10.14%
Views
50
Current Estimated Value
$3,535,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$435,042
Avg. Annual Appreciation
9.34%

Purchase Details

Listed on
Sep 22, 2015
Closed on
Dec 29, 2015
Sold by
Kusturic Nick Allen and Kusturie Maria R
Bought by
Carl Kenneth
Seller's Agent
Christopher Calia
Live By Design Realty LLC
Buyer's Agent
Christopher Calia
Live By Design Realty LLC
List Price
$1,499,000
Sold Price
$1,336,000
Premium/Discount to List
-$163,000
-10.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.71%
Original Mortgage
$1,189,040
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2009
Sold by
Durso Christine and Durso Michael L
Bought by
Kusturic Nick Allan

Purchase Details

Closed on
Nov 4, 2007
Sold by
Durso Michael L and Durso Christine
Bought by
Durso Christine

Purchase Details

Closed on
Nov 7, 2006
Sold by
Durso Michael L and Durso Christine
Bought by
Durso Michael L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,700
Interest Rate
6.33%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 3, 2004
Sold by
Streitz Kurt and Streitz Barbara
Bought by
Durso Michael L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$719,200
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 2000
Sold by
Parker James A and Parker Winifred M
Bought by
Streitz Kurt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
8.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 1996
Sold by
Sanders Cornelis H and Sanders Gloria E
Bought by
Parker James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
8.15%
Mortgage Type
New Conventional
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
Ferrara Vincenzo $3,100,000 None Listed On Document
Carl Kenneth $1,330,000 Exceptional Title Ins Agency
Kusturic Nick Allan $830,000 Clear Title America Llc
Durso Christine -- First National Title Company
Durso Michael L -- First National Title Company
Durso Michael L $899,000 Choice Title Of South Florid
Streitz Kurt $565,000 --
Parker James A $430,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carl Kenneth $1,189,040
Previous Owner Durso Michael L $975,000
Previous Owner Durso Michael L $719,200
Previous Owner Parker James A $452,000
Previous Owner Parker James A $205,000
Closed Durso Michael L $89,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2024 04/04/24 Sold $3,100,000 -10.1% $947 / Sq Ft
12/26/2023 12/26/23 Pending -- -- --
10/05/2023 10/05/23 For Sale $3,450,000 +158.2% $1,054 / Sq Ft
12/29/2015 12/29/15 Sold $1,336,000 -10.9% $413 / Sq Ft
11/29/2015 11/29/15 Pending -- -- --
09/22/2015 09/22/15 For Sale $1,499,000 -- $463 / 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 $20,567 $1,229,100 -- --
2023 $20,123 $1,193,301 $0 $0
2022 $19,968 $1,158,545 $0 $0
2021 $19,903 $1,124,801 $0 $0
2020 $19,622 $1,109,271 $0 $0
2019 $19,721 $1,084,331 $0 $0
2018 $18,480 $1,064,113 $0 $0
2017 $18,373 $1,042,226 $0 $0
2016 $18,434 $1,020,789 $0 $0
2015 $14,825 $799,694 $0 $0
2014 $14,886 $793,347 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joseph Liguori

    Seller's Agent in 2024

    Joseph Liguori

    Premier Estate Properties Inc

    (561) 702-3477

    31 in this area

    135 Total Sales

    Joseph Liguori
    Section Image

  • N

    Buyer's Agent in 2024

    Nicholas Gonzalez

    Serhant

    (561) 306-7220

    13 in this area

    106 Total Sales

    Nicholas Gonzalez
    Section Image

  • M

    Buyer Co-Listing Agent in 2024

    Matthew Moser

    Serhant

    (954) 383-3422

    13 in this area

    96 Total Sales

    Matthew Moser
    Section Image
  • Christopher Calia

    Seller's Agent in 2015

    Christopher Calia

    Live By Design Realty LLC

    (561) 281-4888

    316 Total Sales

    Christopher Calia
    Section Image

  • K

    Seller Co-Listing Agent in 2015

    Kelly Calia

    House Pro Realty Group, Inc

See All Agents

Map

Source: BeachesMLS

MLS Number: R10924363

BeachesMLS

APN: 06-43-47-29-05-010-0021

Florida Palm Beach County Boca Raton 33432 Spanish River Land

1221 Banyan Rd, Boca Raton, FL

This home is located at 1221 Banyan Rd, Boca Raton, FL 33432 since 03 October 2023 and is currently estimated at $3,535,042, approximately $1,079 per square foot. This property was built in 1957. 1221 Banyan Rd 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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