NOT LISTED FOR SALE

1581 SW 16th St Boca Raton, FL 33486

Palm Beach Farms Neighborhood

Estimated Value: $1,081,000 - $1,481,000

4 Beds
4 Baths
3,674 Sq Ft
$359/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $647,500 $176 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $8,713/month

131 Days on Market

Highlights

  • Private Pool
  • Recreation Room
  • Formal Dining Room
  • Addison Mizner Elementary School Rated A-
  • Marble Flooring
  • Porch

About This Home

As of January 2021

One-of-A-Kind home located in Palm Beach Farms! Offers a private 2nd floor master suite w/ spiral staircase. 3 bedrooms on 1st floor with 3 full baths. 2 separate living areas, large laundry area with plenty of storage, tile floors, relaxing patio area with in-ground pool, perfect for entertainment! NO HOA!, A+Schools, minutes from Mizner/Beaches. If space is what you need, make this your home!

Last Agent to Sell the Property

Michael Catino

Champagne & Parisi Real Estate License #0639533 Listed on: 08/06/2020

Champagne & Parisi Real Estate

Co-Listed By

Jody Aguayo

Champagne & Parisi Real Estate License #657274

Last Buyer's Agent

Jeffrey Clark

United Realty Group Inc License #3241907

United Realty Group Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,871

Year Built

  • Built in 1988

Lot Details

  • 10,000 Sq Ft Lot
  • Fenced
  • Property is zoned R1A(ci

Parking

  • 2 Car Attached Garage
  • Driveway
  • On-Street Parking

Home Design

  • Concrete Roof

Interior Spaces

  • 3,674 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room
  • Formal Dining Room
  • Recreation Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Outdoor Features

  • Private Pool
  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Palm Beach Farms Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06424736025280130

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,871

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Palmetto Park Rd to SW 12th Ave. South to SW 16th St. turn right to property.
  • Year Built: 1988
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dining Area, Separate/Formal Dining Room, Kitchen/Dining Combo, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Carpet, Marble
  • Living Area: 3674.0
  • Dining Room Type: Family Room, In-Law Suite, Laundry, Recreation, Storage Room
  • Stories: 2

Exterior Features

  • Exterior Features: Fence, Porch, Patio
  • Lot Features: < 1/4 Acre
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Open, Patio, Porch
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, On Street, Two or More Spaces

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 06424736025280130
  • Lot Size Sq Ft: 10000.0
  • Zoning Description: R1A(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5871.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2020
Closed on
Jan 6, 2021
Sold by
Soward Michael T and Soward Jasinta M
Bought by
Lottermann Kevin J
Seller's Agent
Michael Catino
Champagne & Parisi Real Estate
Buyer's Agent
Jeffrey Clark
United Realty Group Inc
List Price
$695,000
Sold Price
$647,500
Premium/Discount to List
-$47,500
-6.83%
Current Estimated Value
$1,318,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$670,707
Avg. Annual Appreciation
16.22%
Original Mortgage
$518,000
Outstanding Balance
$466,532
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$816,669

Purchase Details

Closed on
Nov 28, 2016
Sold by
Williams James H and Mcdowell Deborra R
Bought by
Ward Jeffrey S and Ward Genine S

Purchase Details

Closed on
Sep 17, 2010
Sold by
Soward Michael T and Soward Jasinta M
Bought by
Soward Michael T and Soward Jasinta M

Purchase Details

Closed on
Apr 23, 2009
Sold by
Soward Michael T and Soward Jasinta M
Bought by
Soward Michael T and Soward Jasinta M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
4.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2007
Sold by
Soward Michael T and Soward Jasinta M
Bought by
Soward Michael T and Soward Jasinta M

Purchase Details

Closed on
Aug 27, 2007
Sold by
Soward Michael T and Soward Jasinta M
Bought by
Soward Michael T and Soward Jasinta M

Purchase Details

Closed on
Sep 22, 2006
Sold by
Soward Michael T and Soward Jasinta M
Bought by
Soward Michael M and Soward Jasinta M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 1998
Sold by
Robinson Milton A and Robinson Juanita
Bought by
Soward Michael T and Soward Jasinta M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 1996
Sold by
Kroll Thadeus J and Kroll Jane M
Bought by
Robinson Milton A and Robinson Juanita
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lottermann Kevin J $647,500 Title Company Of South Fl
Ward Jeffrey S $496,000 Lighthouse Title Services
Soward Michael T -- Attorney
Soward Michael T -- Attorney
Soward Michael T -- Title Logix Inc
Soward Michael T -- Title Logix Inc
Soward Michael M -- Gulfstream Title Solutions
Soward Michael T $285,000 --
Robinson Milton A $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lottermann Kevin J $220,000
Closed Lottermann Kevin J $50,000
Open Lottermann Kevin J $518,000
Previous Owner Soward Michael T $345,000
Previous Owner Soward Michael M $300,000
Previous Owner Soward Mike T $156,938
Previous Owner Soward Michael T $60,000
Previous Owner Robinson Milton A $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $647,500 -6.8% $176 / Sq Ft
12/16/2020 12/16/20 Pending -- -- --
08/06/2020 08/06/20 For Sale $695,000 -- $189 / 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 $17,199 $1,031,162 -- --
2023 $17,852 $1,060,943 $504,210 $556,733
2022 $15,836 $882,477 $0 $0
2021 $6,096 $360,174 $0 $0
2020 $5,936 $351,384 $0 $0
2019 $5,953 $343,484 $0 $0
2018 $5,572 $337,079 $0 $0
2017 $5,522 $330,146 $0 $0
2016 $5,515 $323,356 $0 $0
2015 $5,644 $321,108 $0 $0
2014 $5,665 $318,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Catino

    Seller's Agent in 2021

    Michael Catino

    Champagne & Parisi Real Estate

    (561) 281-7383

    14 in this area

    92 Total Sales

    Section Image

  • J

    Seller Co-Listing Agent in 2021

    Jody Aguayo

    Champagne & Parisi Real Estate

    (561) 305-3672

    1 in this area

    40 Total Sales

    Section Image
  • Jeffrey Clark

    Buyer's Agent in 2021

    Jeffrey Clark

    United Realty Group Inc

    (561) 860-0077

    1 in this area

    1 Total Sale

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Map

Source: BeachesMLS

MLS Number: R10644746

BeachesMLS

APN: 06-42-47-36-02-528-0130

Florida Palm Beach County Boca Raton 33486 Palm Beach Farms

1581 SW 16th St, Boca Raton, FL

This home is located at 1581 SW 16th St, Boca Raton, FL 33486 since 06 August 2020 and is currently estimated at $1,318,207, approximately $358 per square foot. This property was built in 1988. 1581 SW 16th St is a home located in Palm Beach County with nearby schools including Addison Mizner 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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