NOT LISTED FOR SALE

Estimated Value: $6,466,991 - $8,570,000

5 Beds
5.5 Baths
6,068 Sq Ft
$1,236/Sq Ft Est. Value

Last Sold October 10, 2013

Last sale price $2,750,000 $453 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $44,784/month

398 Days on Market

Highlights

  • On Golf Course
  • Private Pool
  • Marble Flooring
  • Boca Raton Community Middle School Rated A-
  • Roman Tub
  • High Ceiling

About This Home

As of October 2013

Elegantly designed golf course residence featuring 5 bedrooms, 5 1/2 baths, library, second floor family room, elevator, natural gas throughout, 2nd floor master suite with private sitting area and balcony, and 3 car garage plus golf cart garage. 1282 Sabal Palm Drive is an elegantly designed golf course residence with five bedrooms, five full baths plus a powder room. Features a mahogany and impact glass door with decorative insert leading to foyer, spacious living room with 25 ft coffered ceiling, elegant crown molding and stone fireplace. Formal dining room is designed with coffered ceiling and crown moldings, butler's pantry with ice maker and sink, gourmet kitchen with granite countertops, natural gas Viking range, two dishwashers, Miele coffee ma... (see supplement for full remarks)

Last Agent to Sell the Property

David Roberts

Royal Palm Properties LLC License #464265 Listed on: 08/07/2012

Last Buyer's Agent

Amy Talkow

Talkow & Company LLC License #3051624

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,402

Year Built

  • Built in 2003

Lot Details

  • On Golf Course
  • Northwest Facing Home
  • Sprinkler System
  • Property is zoned R1a

HOA Fees

  • $197 Monthly HOA Fees

Parking

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

Property Views

  • Golf Course
  • Garden
  • Pool

Interior Spaces

  • 6,068 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Built-In Features
  • High Ceiling
  • Fireplace
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Roman Tub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Balcony
  • Open Patio
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 06434729100160370

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

$37,402

Year Built

Built in 2003

Lot Details

0

HOA Fees

$197 per month

Parking

4

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: 2003
  • Special Features: None

Interior Features

  • Interior Amenities: Built-in Features, Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Elevator, Fireplace, Garden Tub/Roman Tub, High Ceilings, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Disposal, Gas Water Heater, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Carpet, Marble
  • Living Area: 6068.0
  • Dining Room Type: Den, Family Room
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Outdoor Grill, Patio
  • View: Golf Course, Garden, Pool
  • Lot Features: On Golf Course, Sprinklers Automatic
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: Northwest
  • Patio And Porch Features: Balcony, Open, Patio

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Driveway, Garage, Golf Cart Garage, Garage Door Opener

Utilities

  • Security: Security Guard, Smoke Detector(s)
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 197.0
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Security

Lot Info

  • Parcel #: 06434729100160370
  • Zoning Description: R1a

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 37402.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2012
Closed on
Oct 9, 2013
Sold by
Watson Kenneth W and Watson Margaret H
Bought by
Krauss Michael and Krauss Dara
Seller's Agent
David Roberts
Royal Palm Properties LLC
Buyer's Agent
Amy Talkow
Talkow & Company LLC
List Price
$3,350,000
Sold Price
$2,750,000
Premium/Discount to List
-$600,000
-17.91%
Current Estimated Value
$7,499,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,749,248
Avg. Annual Appreciation
8.80%

Purchase Details

Closed on
Jun 29, 2004
Sold by
Sokolow Elliot P and Sokolow Enyd L
Bought by
Watson Kenneth W and Watson Margaret H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 2002
Sold by
Hasey William J
Bought by
Sokolow Elliott P and Sokolow Enyd L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,090,000
Interest Rate
6.86%

Purchase Details

Closed on
Apr 19, 2000
Sold by
Niemeyer Virginia T
Bought by
Hasey William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
8.27%
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
Krauss Michael $2,750,000 Attorney
Watson Kenneth W $3,000,000 --
Sokolow Elliott P $1,200,000 --
Hasey William J $725,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Watson Kenneth W $250,000
Previous Owner Watson Kenneth W $1,700,000
Previous Owner Sokolow Elliott P $2,090,000
Previous Owner Hasey William J $580,000
Closed Watson Kenneth W $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2013 10/10/13 Sold $2,750,000 -17.9% $453 / Sq Ft
09/10/2013 09/10/13 Pending -- -- --
08/07/2012 08/07/12 For Sale $3,350,000 -- $552 / 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 $48,500 $2,871,010 -- --
2023 $47,478 $2,787,388 $0 $0
2022 $47,146 $2,706,202 $0 $0
2021 $47,035 $2,627,381 $0 $0
2020 $46,381 $2,591,106 $0 $0
2019 $46,639 $2,532,850 $0 $0
2018 $43,720 $2,485,623 $0 $0
2017 $43,498 $2,434,499 $0 $0
2016 $43,693 $2,384,426 $0 $0
2015 $44,910 $2,367,851 $0 $0
2014 $45,098 $2,349,059 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R3301409

BeachesMLS

APN: 06-43-47-29-10-016-0370