NOT LISTED FOR SALE

Estimated Value: $8,381,000 - $10,448,990

5 Beds
8 Baths
7,385 Sq Ft
$1,233/Sq Ft Est. Value

Last Sold February 19, 2021

Last sale price $5,112,000 $692 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $55,506/month

58 Days on Market

Highlights

  • Heated Pool
  • Lake View
  • High Ceiling
  • Boca Raton Community Middle School Rated A-
  • Marble Flooring
  • Breakfast Area or Nook

About This Home

As of February 2021

This home is located at 1229 Thatch Palm Dr, Boca Raton, FL 33432 since 12 December 2020 and is currently estimated at $9,103,998, approximately $1,232 per square foot. This property was built in 2017. 1229 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 High School.

Last Agent to Sell the Property

David Roberts

Royal Palm Properties LLC License #464265 Listed on: 12/12/2020

Last Buyer's Agent

David Roberts

Royal Palm Properties LLC License #464265 Listed on: 12/12/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $74,513

Year Built

  • Built in 2017

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 90'x138'x82'x119'
  • Southeast Facing Home

Parking

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

Property Views

  • Lake
  • Golf Course
  • Garden
  • Pool

Interior Spaces

  • 7,385 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Built-In Features
  • Bar
  • High Ceiling
  • Fireplace
  • Entrance Foyer
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated Pool
  • Balcony
  • Open Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 06434729100230110

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common areas, security
  • Royal Palm Yacht & Country Club Subdivision

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$74,513

Year Built

Built in 2017

Lot Details

0.27 Acres

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
  • Year Built: 2017
  • Unit Levels: Multi/Split, Two
  • New Construction: No
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Breakfast Area, Bathtub, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Elevator, High Ceilings, Multiple En Suite Bathrooms, Pantry, Soaking Tub, Separate Shower, Upper Level Primary, Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Free-Standing Freezer, Gas Range, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Entry Location: Entry Level Living Area Y
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Wood
  • Living Area: 7385.0
  • Stories: 2

Exterior Features

  • Exterior Features: Built-in Barbecue, Balcony, Barbecue, Outdoor Kitchen, Outdoor Living Area
  • View: Golf Course, Garden, Lake, Pool
  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: Heated, In Ground
  • Pool Private: Yes
  • Road Frontage Type: Public Road
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: Southeast
  • Patio And Porch Features: Covered, Open, Patio, Balcony
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 3.5
  • Attached Garage: Yes
  • Garage Spaces: 3.5
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Driveway, Garage, Golf Cart Garage, Garage Door Opener

Utilities

  • Laundry Features: Inside
  • 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: 246.67
  • Pets Allowed: Yes
  • Community Features: Home Owners Association
  • Senior Community: No
  • Amenities: None
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Security

Lot Info

  • Parcel #: 06434729100230110
  • Lot Size Acres: 0.27
  • Lot Size: 90'x138'x82'x119'
  • Lot Size Sq Ft: 11761.2
  • Mobile Dim Units: Feet
  • Zoning: R1A(ci

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 74513.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2020
Closed on
Feb 19, 2021
Sold by
Tablis Eugene and Jones Marina
Bought by
Ledwell Thomas Andrew and Petrela Suzanne Lillian
Seller's Agent
David Roberts
Royal Palm Properties LLC
Buyer's Agent
David Roberts
Royal Palm Properties LLC
List Price
$5,495,000
Sold Price
$5,112,000
Premium/Discount to List
-$383,000
-6.97%
Current Estimated Value
$9,103,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,991,998
Avg. Annual Appreciation
12.06%
Original Mortgage
$3,000,000
Outstanding Balance
$2,649,867
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$6,454,131

Purchase Details

Listed on
Dec 12, 2020
Closed on
Feb 1, 2021
Sold by
Tablis Eugene and Tablis Marina
Bought by
Ledwell Thomas Andrew and Petrela Suzanne Lillian
Seller's Agent
David Roberts
Royal Palm Properties LLC
Buyer's Agent
David Roberts
Royal Palm Properties LLC
List Price
$5,495,000
Sold Price
$5,112,000
Premium/Discount to List
-$383,000
-6.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Outstanding Balance
$2,649,867
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$6,454,131

Purchase Details

Listed on
Dec 17, 2018
Closed on
Jul 16, 2019
Sold by
Brown Gary D and Tomaccio Anthony
Bought by
Tablis Eugene and Tablis Marina
Seller's Agent
David Roberts
Royal Palm Properties LLC
Buyer's Agent
Constance 'Conni Hudson, PA
One Sotheby's International Realty
List Price
$6,250,000
Sold Price
$5,200,000
Premium/Discount to List
-$1,050,000
-16.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.06%
Original Mortgage
$3,380,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 19, 2015
Closed on
Oct 14, 2015
Sold by
Stern Ruth F
Bought by
The 1229 Thatch Palm Land Trust and Tomaccio Anthony
Seller's Agent
Geraldine Penniman
Premier Estate Properties Inc
Buyer's Agent
Geraldine Penniman
Premier Estate Properties Inc
List Price
$1,800,000
Sold Price
$1,750,000
Premium/Discount to List
-$50,000
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.70%
Original Mortgage
$2,000,000
Interest Rate
3.93%
Mortgage Type
Balloon

Purchase Details

Closed on
May 3, 2006
Sold by
Sternmanor Llc
Bought by
Stern A Edwin and Stern Ruth F

Purchase Details

Closed on
Apr 20, 2006
Sold by
Stern A Edwin and Stern Ruth F
Bought by
Sternmanor Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ledwell Thomas Andrew $5,112,000 Attorney
Ledwell Thomas Andrew $5,112,000 Halpern Stacey
Tablis Eugene $5,200,000 Preferred Title Inc
The 1229 Thatch Palm Land Trust $1,750,000 Boca Title Services Llc
Stern A Edwin -- None Available
Sternmanor Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ledwell Thomas Andrew $3,000,000
Closed Ledwell Thomas Andrew $3,000,000
Previous Owner Tablis Eugene $3,380,000
Previous Owner The 1229 Thatch Palm Land Trust $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/19/2021 02/19/21 Sold $5,112,000 -7.0% $692 / Sq Ft
01/20/2021 01/20/21 Pending -- -- --
12/12/2020 12/12/20 For Sale $5,495,000 +5.7% $744 / Sq Ft
07/16/2019 07/16/19 Sold $5,200,000 -16.8% $704 / Sq Ft View Prior Sale
06/16/2019 06/16/19 Pending -- -- --
12/17/2018 12/17/18 For Sale $6,250,000 +257.1% $846 / Sq Ft
10/16/2015 10/16/15 Sold $1,750,000 -2.8% $740 / Sq Ft View Prior Sale
10/16/2015 10/16/15 For Sale $1,800,000 -- $761 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $97,646 $5,926,795 -- --
2024 $97,646 $5,759,762 -- --
2023 $95,605 $5,592,002 $0 $0
2022 $94,961 $5,429,128 $0 $0
2021 $72,683 $4,007,290 $1,602,891 $2,404,399
2020 $74,513 $4,148,990 $1,600,000 $2,548,990
2019 $72,684 $3,893,952 $1,600,000 $2,293,952
2018 $69,863 $3,917,295 $1,631,759 $2,285,536
2017 $28,462 $1,560,702 $1,554,056 $6,646
2016 $27,209 $1,454,062 $0 $0
2015 $26,653 $1,320,429 $0 $0
2014 $17,065 $905,562 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10677901

BeachesMLS (Greater Fort Lauderdale)

APN: 06-43-47-29-10-023-0110

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