NOT LISTED FOR SALE

13 Royal Palm Way Unit 4060 Boca Raton, FL 33432

Estimated Value: $357,803 - $447,000

2 Beds
2 Baths
1,130 Sq Ft
$512/mo HOA Fee

Last Sold July 06, 2017

Last sale price $198,500 $176 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $2,903/month

131 Days on Market

Highlights

  • Boat Ramp
  • Fitness Center
  • River View
  • Boca Raton Community Middle School Rated A-
  • Gated with Attendant
  • Clubhouse

About This Home

As of July 2017

DIRECTLY ON THE HILLSBORO RIVER, WATCH THE BOATS GO BY, UPGRADED UNIT, GREAT COMMUNITY, 5 POOLS, DOCK AVAILABLE UPON REQUEST, FEELS LIKE A PERMANENT VACATION. CAN RENT IMMEDIATELY, INFO ABOUT ASSESSMENT UPON REQUEST, ASSESSMENTS ARE GOING TO START END OF 2018, EARLY 2019,AFTER RENOVATIONS ARE DONE IN THE WHOLE COMPLEX. THIS PLACE WILL BE BEAUTIFUL AT THE END OF RENOVATION AND PRICES WILL BE A LOT HIGHER! GREAT INVESTMENT

Last Agent to Sell the Property

Diana Cowan

Coldwell Banker Realty /Delray Beach License #682728 Listed on: 01/25/2017

Coldwell Banker Realty /Delray Beach

Last Buyer's Agent

Diana Cowan

Coldwell Banker Realty /Delray Beach License #682728 Listed on: 01/25/2017

Coldwell Banker Realty /Delray Beach

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,240

Year Built

  • Built in 1978

Lot Details

  • River Front
  • West Facing Home
  • Sprinkler System

HOA Fees

  • $512 Monthly HOA Fees

Property Views

  • River
  • Lagoon
  • Canal

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 1,130 Sq Ft Home
  • Awning
  • Entrance Foyer
  • Combination Dining and Living Room
  • Screened Porch
  • Ceramic Tile Flooring

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Stacked Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • Guest Parking
  • Deeded Parking
  • Assigned Parking

Outdoor Features

  • Fixed Bridges
  • Balcony

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 06434731060134060

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, laundry, ground maintenance, parking, recreation facilities, reserve fund, roof, sewer, security, trash
  • 721 Units
  • Boca Bayou Condo Subdivision
  • 6-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Game Room
  • Elevator

Recreation

  • Boat Ramp
  • Boating
  • Tennis Courts
  • Shuffleboard Court
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,240

Year Built

Built in 1978

Lot Details

0

HOA Fees

$512 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: BETWEEN FEDERAL AND DIXIE SOUTH OF CAMINO REAL
  • Year Built: 1978
  • Carport Y N: No
  • Entry Level: 4
  • Pets No Pets Comments: Other Pet Restrictions:Possible Restrictions
  • Special Features: None

Interior Features

  • Interior Amenities: Entrance Foyer, Living/Dining Room, Stacked Bedrooms, Tub Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 1130.0
  • Dining Room Type: Storage Room
  • Stories: 6

Exterior Features

  • Exterior Features: Awning(s), Balcony
  • View: Canal, Lagoon, River, Water
  • Lot Features: Sprinklers Automatic
  • Pool Features: None, Community
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Fixed Bridge, River Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: West
  • Patio And Porch Features: Balcony, Screened

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Deeded, Guest

Utilities

  • Security: Gated with Guard
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 512.0
  • Community Features: Boat Facilities, Clubhouse, Fitness Center, Game Room, Property Manager On-Site, Pool, Sauna, Shuffleboard, Street Lights, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Conditional, No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Laundry, Maintenance Grounds, Parking, Recreation Facilities, Reserve Fund, Roof, Sewer, Security, Trash

Lot Info

  • Parcel #: 06434731060134060
  • Lot Size: West of US-1
  • Zoning Description: R4(cit

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 3240.0

Multi Family

  • Number Of Units In Community: 721

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2017
Closed on
Jul 27, 2017
Sold by
Atg Trust Company
Bought by
Starich Frank Allen
Seller's Agent
Diana Cowan
Coldwell Banker Realty /Delray Beach
Buyer's Agent
Diana Cowan
Coldwell Banker Realty /Delray Beach
List Price
$235,000
Sold Price
$198,500
Premium/Discount to List
-$36,500
-15.53%
Current Estimated Value
$412,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,701
Avg. Annual Appreciation
9.02%
Original Mortgage
$188,575
Outstanding Balance
$155,956
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$256,245

Purchase Details

Closed on
Aug 13, 2015
Sold by
Atg Trust Company
Bought by
Atg Trust Company and Joseph J Gentile Declaration Of Trust

Purchase Details

Closed on
Nov 26, 2007
Sold by
Gentile Joseph J and Gentile Carole
Bought by
Gentile Joseph J

Purchase Details

Closed on
Apr 9, 2007
Sold by
Lovejoy David J and Lovejoy Patricia A
Bought by
Gentile Joseph J

Purchase Details

Closed on
Sep 28, 2005
Sold by
Wypychoski David E and Wypychoski Margaret L
Bought by
Lovejoy David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2003
Sold by
Wypychoski David E and Wypychoski Margaret L
Bought by
Wypychoski David E

Purchase Details

Closed on
Feb 8, 1999
Sold by
Orlando Nicholas F and Orlando F
Bought by
Wypychoski David E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,200
Interest Rate
6.8%
Mortgage Type
New Conventional
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
Starich Frank Allen $198,500 Sunbelt Title Agency
Atg Trust Company -- Attorney
Gentile Joseph J -- Attorney
Gentile Joseph J $280,000 Sunbelt Title Agency
Lovejoy David J $340,000 Gold Coast Title Co Svcs Inc
Wypychoski David E -- --
Wypychoski David E $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Starich Frank Allen $188,575
Previous Owner Lovejoy David J $170,000
Previous Owner Wypychoski David E $88,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2017 07/06/17 Sold $198,500 -15.5% $176 / Sq Ft
06/06/2017 06/06/17 Pending -- -- --
01/25/2017 01/25/17 For Sale $235,000 0.0% $208 / Sq Ft
05/15/2016 05/15/16 Rented $1,600 0.0% --
04/15/2016 04/15/16 Under Contract -- -- --
04/01/2016 04/01/16 For Rent $1,600 0.0% --
05/15/2015 05/15/15 Rented $1,600 -3.0% --
04/15/2015 04/15/15 Under Contract -- -- --
03/06/2015 03/06/15 For Rent $1,650 -- --
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
2025 $2,674 $187,789 -- --
2024 $2,674 $182,497 -- --
2023 $2,602 $177,182 $0 $0
2022 $2,561 $172,021 $0 $0
2021 $2,526 $167,011 $0 $0
2020 $2,487 $164,705 $0 $0
2019 $2,485 $161,002 $0 $0
2018 $2,315 $158,000 $0 $158,000
2017 $3,147 $162,000 $0 $0
2016 $3,240 $164,000 $0 $0
2015 $3,232 $159,000 $0 $0
2014 $3,001 $145,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10301857

BeachesMLS

APN: 06-43-47-31-06-013-4060