NOT LISTED FOR SALE

1240 Thatch Palm Dr Boca Raton, FL 33432

Royal Palm Yacht and Country Club Neighborhood

Estimated Value: $5,437,000 - $6,206,000

5 Beds
7 Baths
4,426 Sq Ft
$1,295/Sq Ft Est. Value

Last Sold June 29, 2015

Last sale price $2,425,000 $548 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $31,469/month

182 Days on Market

Highlights

  • On Golf Course
  • Private Pool
  • High Ceiling
  • Boca Raton Community Middle School Rated A-
  • Marble Flooring
  • Breakfast Area or Nook

About This Home

As of June 2015

Magnificent golf course estate in Royal Palm Yacht & Country Club overlooking the 16th and 8th fairways. Home features 5 bedrooms plus library, 5 full and 2 half bathrooms, formal living and dining rooms, gourmet kitchen that opens into the family room and breakfast area with views of the golf course from almost every room. Other features include 1st floor master suite, covered and open patio areas, 3 car garage and a front circular driveway.

Last Agent to Sell the Property

David Roberts

Royal Palm Properties LLC License #464265 Listed on: 04/09/2015

Last Buyer's Agent

David Roberts

Royal Palm Properties LLC License #464265 Listed on: 04/09/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,167

Year Built

  • Built in 2002

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 100'x103'x93'x114'
  • On Golf Course
  • Northwest Facing Home

Parking

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

Property Views

  • Golf Course
  • Garden
  • Pool

Home Design

  • Spanish Tile Roof

Interior Spaces

  • 4,426 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • High Ceiling
  • Fireplace
  • French Doors
  • Entrance Foyer
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Balcony
  • Open Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 06434729100250370

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

$34,167

Year Built

Built in 2002

Lot Details

10,454 Sq Ft Lot

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: 2002
  • Unit Levels: Multi/Split, Two
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Area, Bathtub, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, High Ceilings, Main Level Primary, Pantry, Soaking Tub, Separate Shower, Walk-In Closet(s)
  • Private Spa: Yes
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Free-Standing Freezer, Disposal, Gas Range, Oven, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Entry Location: Entry Level Living Area Y
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Wood
  • Living Area: 4426.0
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • View: Golf Course, Garden, Pool
  • Lot Features: On Golf Course, < 1/4 Acre
  • Pool Features: In Ground
  • Pool Private: Yes
  • Road Frontage Type: Public Road
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: Northwest
  • Patio And Porch Features: Covered, Open, Patio, Balcony
  • Roof: Spanish Tile

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Driveway, Garage, Garage Door Opener

Utilities

  • Laundry Features: Inside
  • Security: Security System Owned, Security Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 197.0
  • 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 #: 06434729100250370
  • Lot Size Acres: 0.24
  • Lot Size: 100'x103'x93'x114'
  • Lot Size Sq Ft: 10454.4
  • Mobile Dim Units: Feet
  • Zoning: R1A

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 34167.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2015
Closed on
Jun 29, 2015
Sold by
Distasio Michael J and Distasio Marlene R
Bought by
Kelly Sherry S
Seller's Agent
David Roberts
Royal Palm Properties LLC
Buyer's Agent
David Roberts
Royal Palm Properties LLC
List Price
$2,695,000
Sold Price
$2,425,000
Premium/Discount to List
-$270,000
-10.02%
Current Estimated Value
$5,733,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,308,342
Avg. Annual Appreciation
8.36%
Original Mortgage
$1,818,750
Outstanding Balance
$1,405,215
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$4,328,127

Purchase Details

Closed on
Jul 29, 2008
Sold by
Stover William
Bought by
Distasio Michael J and Distasio Marlene R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 2003
Sold by
Perini Vincent J and Perini Annette M
Bought by
Stover William

Purchase Details

Closed on
May 18, 2001
Sold by
Calliope Pikramenos I
Bought by
Perini Vincent J and Perini Annette M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
6.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 1998
Sold by
Pikramenos Theo and Pikramenos Wendy
Bought by
Pikramenos Calliope and Pikramenos Theo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$742,500
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 1997
Sold by
Mielach John T and Mielach Geraldine
Bought by
Pikramenos Theo and Pikramenos Wendy
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
Kelly Sherry S $2,425,000 Imperial Title Llc
Distasio Michael J $1,900,000 Coral Ridge Title Co
Stover William $2,000,000 --
Perini Vincent J $1,200,000 --
Pikramenos Calliope $100 --
Pikramenos Theo $100 --
Pikramenos Theo $990,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Sherry S $1,818,750
Previous Owner Distasio Michael J $1,300,000
Previous Owner Pikramenos Theo $850,000
Previous Owner Pikramenos Theo $742,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2015 06/29/15 Sold $2,425,000 -10.0% $548 / Sq Ft
05/30/2015 05/30/15 Pending -- -- --
11/19/2014 11/19/14 For Sale $2,695,000 -- $609 / 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 $19,643 $2,383,174 -- --
2024 $19,643 $2,316,010 -- --
2023 $38,231 $2,248,553 $0 $0
2022 $37,959 $2,183,061 $0 $0
2021 $37,863 $2,119,477 $0 $0
2020 $37,336 $2,090,214 $0 $0
2019 $37,540 $2,043,220 $0 $0
2018 $35,188 $2,005,123 $0 $0
2017 $35,005 $1,963,881 $0 $0
2016 $20,399 $2,017,402 $0 $0
2015 $34,025 $1,800,473 $0 $0
2014 $34,167 $1,786,184 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Roberts

    Seller's Agent in 2015

    David Roberts

    Royal Palm Properties LLC

    (561) 368-6200

    141 in this area

    151 Total Sales

    David Roberts
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10090115

BeachesMLS (Greater Fort Lauderdale)

APN: 06-43-47-29-10-025-0370

Florida Palm Beach County Boca Raton 33432 Royal Palm Yacht and Country Club

1240 Thatch Palm Dr, Boca Raton, FL

Not Listed for Sale

Detached

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