NOT LISTED FOR SALE

2 Coconut Ln Boynton Beach, FL 33435

Estimated Value: $2,225,000 - $5,115,032

0.39 Acre
$10,508,354 Price per Acre
16,988 Sq Ft Lot

Last Sold April 05, 2019

Last sale price $850,000 $501 Per Sq Ft

Est. 382% increase in value since last sale

Current estimated payment $27,184/month

127 Days on Market

About This Lot

As of April 2019

FANTASTIC OPPORTUNITY TO BUILD YOUR DREAM HOME IN EXCLUSIVE THE BEACHSIDE TOWN OF OCEAN RIDGE.THIS OVERSIZE LOT WILL ACCOMMODATE A HOME OVER 6000 SQ FT. EASY BEACH ACCESS, 10 MINUTES FROM DELRAY BEACH AND 25 MINUTES FROM PALM BEACH MAKE THIS A MOST DESIRABLE LOCATION

Last Agent to Sell the Property

Val Coz

Douglas Elliman License #3084495 Listed on: 10/29/2018

Douglas Elliman

Co-Listed By

Christa Kohler

EXP Realty LLC License #3127322

Last Buyer's Agent

Stephanie Vorcheimer

Douglas Elliman License #3311822

Douglas Elliman

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,849

Year Built

  • 1950

Lot Details

  • 0.39 Acre Lot
  • Beach Front
  • Paved or Partially Paved Lot
  • Site Plan Filed
  • Property is zoned RSF(ci

Location

  • City Lot

Community Details

  • Boynton Beach Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 46434527070020030

Property Details

Property Type

Land

Est. Annual Taxes

$10,849

Year Built

1950

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: WOOLBRIGHT TO A1A, NORTH TO COCONUT LA
  • Special Features: None
  • Year Built: 1950

Exterior Features

  • Lot Features: Beach Front, City Lot
  • Road Surface Type: Paved
  • Waterfront: No

Lot Info

  • Parcel #: 46434527070020030
  • Development Status: Site Plan Filed
  • Lot Size Acres: 0.39
  • Lot Size: 100
  • Lot Size Sq Ft: 16977.0
  • Zoning Description: RSF(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 10849.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2018
Closed on
Apr 3, 2019
Sold by
Associated Builders Llc
Bought by
Craig R Herkert Revocable Trust and Lori S Herkert Revocable Trust
Seller's Agent
Val Coz
Douglas Elliman
Buyer's Agent
Stephanie Vorcheimer
Douglas Elliman
List Price
$990,000
Sold Price
$850,000
Premium/Discount to List
-$140,000
-14.14%
Total Days on Market
127
Current Estimated Value
$4,098,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,248,258
Avg. Annual Appreciation
29.04%

Purchase Details

Closed on
Jan 4, 2018
Sold by
Morris Bill
Bought by
Associated Builders Llc

Purchase Details

Closed on
Jun 17, 1999
Sold by
Solari Michael
Bought by
Morris Bill
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
Craig R Herkert Revocable Trust $850,000 Attorney
Associated Builders Llc $600,000 Attorney
Morris Bill $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Craig R Herkert Revocable Trus $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2019 04/05/19 Sold $850,000 -14.1% $501 / Sq Ft
03/06/2019 03/06/19 Pending -- -- --
10/29/2018 10/29/18 For Sale $990,000 -- $584 / 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 $50,150 $2,783,426 -- --
2023 $49,051 $2,702,355 $0 $0
2022 $48,937 $2,623,646 $0 $0
2021 $12,965 $667,935 $667,935 $0
2020 $12,708 $654,000 $654,000 $0
2019 $13,814 $687,207 $582,000 $105,207
2018 $11,508 $599,149 $555,610 $43,539
2017 $10,849 $584,565 $529,152 $55,413
2016 $9,978 $487,797 $0 $0
2015 $9,254 $443,452 $0 $0
2014 $9,933 $468,244 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10476485

BeachesMLS

APN: 46-43-45-27-07-002-0030