NOT LISTED FOR SALE

1221 Cocoanut Rd Boca Raton, FL 33432

Spanish River Land Neighborhood

Estimated Value: $4,274,000 - $5,344,000

5 Beds
4 Baths
4,176 Sq Ft
$1,144/Sq Ft Est. Value

Last Sold January 18, 2019

Last sale price $1,805,000 $432 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $27,642/month

387 Days on Market

Highlights

  • Private Pool
  • Garden View
  • Formal Dining Room
  • Boca Raton Community Middle School Rated A-
  • High Ceiling
  • Circular Driveway

About This Home

As of January 2019

Fabulous ''Palm Beach'' inspired home on .61 Acres on highly sought after ''Cocoanut Road''. Home was completely renovated in 1986. Located only 2 blocks from the Beach and the Boca Resort in the Prestigious ''Estates Section'' with an added bonus of NO HOA Features 5 Bedrooms, open kitchen to family room, high ceilings in living room, Huge 40+/-foot pool and fantastic Huge Estate Sized tropical yard!! No HOA in this neighborhood!

Last Agent to Sell the Property

Joyce Schneider

Castles By The Beach, Inc. License #486306 Listed on: 11/26/2017

Last Buyer's Agent

Susan Brown

RE/MAX Services License #3057289

RE/MAX Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,354

Year Built

  • Built in 1955

Lot Details

  • 0.61 Acre Lot
  • East Facing Home
  • Irregular Lot
  • Sprinkler System
  • Property is zoned R1A(ci

Parking

  • 2 Car Attached Garage
  • Circular Driveway

Property Views

  • Garden
  • Pool

Home Design

  • Frame Construction
  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 4,176 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Entrance Foyer
  • Formal Dining Room
  • Tile Flooring

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Private Pool
  • Central Heating and Cooling System

Community Details

  • Spanish River Land Sub Un Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06434729050110012

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,354

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Camino Real East over the Intracoastal-2nd right on Cocoanut-South to the house on Right
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Interior Amenities: Dining Area, Separate/Formal Dining Room, Entrance Foyer, High Ceilings
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Flooring: Other, Tile
  • Living Area: 4176.0
  • Stories: 2

Exterior Features

  • View: Garden, Pool
  • Lot Features: Irregular Lot, Sprinklers Automatic
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Frame, Stucco
  • Direction Faces: East
  • 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

Utilities

  • Cooling: Central Air, Electric
  • 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

  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 06434729050110012
  • Lot Size Sq Ft: 26629.0
  • Zoning Description: R1A(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 11354.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2017
Closed on
Jan 18, 2019
Sold by
Shapiro Leonard and Shapiro Suzanne
Bought by
Shehadeh Mahmoud
Seller's Agent
Joyce Schneider
Castles By The Beach, Inc.
Buyer's Agent
Susan Brown
RE/MAX Services
List Price
$2,395,000
Sold Price
$1,805,000
Premium/Discount to List
-$590,000
-24.63%
Current Estimated Value
$4,778,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,973,108
Avg. Annual Appreciation
16.31%
Original Mortgage
$1,350,000
Outstanding Balance
$1,205,473
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$3,753,888
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
Shehadeh Mahmoud $1,805,000 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shehadeh Mahmoud $1,350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2019 01/18/19 Sold $1,805,000 -24.6% $432 / Sq Ft
12/19/2018 12/19/18 Pending -- -- --
11/26/2017 11/26/17 For Sale $2,395,000 -- $574 / 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 $28,910 $1,719,494 -- --
2023 $28,293 $1,669,412 $0 $0
2022 $27,643 $1,595,584 $0 $0
2021 $27,564 $1,549,111 $0 $0
2020 $27,178 $1,527,723 $0 $0
2019 $12,201 $679,706 $0 $0
2018 $11,430 $667,032 $0 $0
2017 $11,354 $653,312 $0 $0
2016 $11,378 $639,875 $0 $0
2015 $11,674 $635,427 $0 $0
2014 $11,721 $630,384 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joyce Schneider

    Seller's Agent in 2019

    Joyce Schneider

    Castles By The Beach, Inc.

    (561) 212-4403

    2 in this area

    72 Total Sales

    Joyce Schneider
    Section Image
  • Susan Brown

    Buyer's Agent in 2019

    Susan Brown

    RE/MAX

    (561) 702-0246

    106 Total Sales

    Susan Brown
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10384796

BeachesMLS

APN: 06-43-47-29-05-011-0012

Florida Palm Beach County Boca Raton 33432 Spanish River Land

1221 Cocoanut Rd, Boca Raton, FL

This home is located at 1221 Cocoanut Rd, Boca Raton, FL 33432 since 26 November 2017 and is currently estimated at $4,778,108, approximately $1,144 per square foot. This property was built in 1955. 1221 Cocoanut 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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