NOT LISTED FOR SALE

1901 Banyan Rd Boca Raton, FL 33432

Spanish River Land Neighborhood

Estimated Value: $2,263,000 - $2,599,000

0.4 Acre
$6,149,798 Price per Acre
17,211 Sq Ft Lot

Last Sold February 28, 2020

Last sale price $1,185,000 $519 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $13,975/month

14 Days on Market

About This Lot

As of February 2020

**INCREDIBLE BUILDING OPPORTUNITY** This oversized 17,250 corner lot provides a unique opportunity to establish yourself if one of Boca Raton's most prestigious neighborhoods at an incredible value. This opportunity provides a great opportunity with minimal risk with multiple comps for land value and spec home values. Located a block from the beach this is a solid investment. Located just off of A1A East of the Intracoastal. Start living the East Boca Raton lifestyle you have dreamed about surrounded by multi-million dollar estates in the conveniently located neighborhood of Spanish River Land where you are a short walk to the beach, Mizner, Boca Raton Resort and Beach Club, and Downtown Deerfield Beach.

Last Agent to Sell the Property

Talbot Sutter

Sutter & Nugent LLC License #3445276 Listed on: 01/14/2020

Sutter & Nugent LLC

Last Buyer's Agent

Talbot Sutter

Sutter & Nugent LLC License #3445276 Listed on: 01/14/2020

Sutter & Nugent LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,589

Lot Details

  • 0.4 Acre Lot
  • Site Plan Filed
  • Property is zoned R1A(ci

Additional Features

  • Garden Views
  • City Lot

Community Details

  • Spanish River Land Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06434732010170010

Property Details

Property Type

Land

Est. Annual Taxes

$6,589

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: South on A1A from the boca inlet. Right on Via Cabana left on Banyan
  • Special Features: VirtualTour

Exterior Features

  • View: Garden
  • Lot Features: City Lot
  • Waterfront: No

Lot Info

  • Parcel #: 06434732010170010
  • Development Status: Site Plan Filed
  • Lot Size Sq Ft: 17211.0
  • Zoning Description: R1A(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6589.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2020
Closed on
Feb 27, 2020
Sold by
Humphreys Robert D and Matthews Jean
Bought by
David Evan S
Seller's Agent
Talbot Sutter
Sutter & Nugent LLC
Buyer's Agent
Talbot Sutter
Sutter & Nugent LLC
List Price
$1,295,000
Sold Price
$1,185,000
Premium/Discount to List
-$110,000
-8.49%
Current Estimated Value
$2,429,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,244,848
Avg. Annual Appreciation
14.80%

Purchase Details

Closed on
Jul 18, 2001
Sold by
Frank R Humphreys M and Humphreys M Emily W
Bought by
Humphreys Trust
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
David Evan S $1,185,000 Attorney
Humphreys Trust -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $1,185,000 -8.5% $519 / Sq Ft
01/29/2020 01/29/20 Pending -- -- --
01/14/2020 01/14/20 For Sale $1,295,000 -- $567 / 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 $8,834 $1,052,140 -- --
2023 $17,175 $1,021,495 $0 $0
2022 $17,039 $991,743 $0 $0
2021 $16,978 $962,857 $0 $0
2020 $18,422 $1,002,542 $800,000 $202,542
2019 $6,682 $382,715 $0 $0
2018 $6,255 $375,579 $0 $0
2017 $6,202 $367,854 $0 $0
2016 $6,199 $360,288 $0 $0
2015 $6,348 $357,784 $0 $0
2014 $6,372 $354,944 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Talbot Sutter

    Seller's Agent in 2020

    Talbot Sutter

    Sutter & Nugent LLC

    (561) 512-8505

    10 in this area

    167 Total Sales

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Map

Source: BeachesMLS

MLS Number: R10591886

BeachesMLS

APN: 06-43-47-32-01-017-0010

Florida Palm Beach County Boca Raton 33432 Spanish River Land

1901 Banyan Rd, Boca Raton, FL

This home is located at 1901 Banyan Rd, Boca Raton, FL 33432 since 14 January 2020 and is currently estimated at $2,429,848, approximately $1,064 per square foot. 1901 Banyan Rd is a home located in Palm Beach County with nearby schools including Boca Raton 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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