$198,000
SOLD JUN 27, 2018

Boca Bayou 20 Royal Palm Way Unit 501 Boca Raton, FL 33432

2 Beds
2 Baths
1,130 Sq Ft
$431/mo HOA Fee

Recently Sold

$175 Per Sq Ft

14% Below List Price

137 Days on Market

Highlights

  • Property has ocean access
  • Fitness Center
  • Waterfront
  • Boca Raton Community Middle School Rated A-
  • Newly Remodeled
  • Canal View

About This Home

As of June 2018

Beautiful condo w/ great water view. Spacious unit features 2 Master bdrms. Updated w/ granite counters in kitchen & baths. Large tile on diagonal in living areas. Laminate in bdrms. Accordian shutters, screened patio. Renovated kitchen/baths, newer light fixtures, crown molding, large linen closet, w/d, screened entry, lots of storage, dock avail from $100, Bldg renovated 2017, Complex-5 heated pools, tennis, clubhouse, best value in community w/ unobstructed views of canal, no pets. owner can lease immediately

Last Agent to Sell the Property

Celeste Pavone

The Cove Guspav Realty License #0695767 Listed on: 01/10/2018

The Cove Guspav Realty

Last Buyer's Agent

Celeste Pavone

Century 21 Guspav Realty Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,055

Year Built

  • Built in 1980 | Newly Remodeled

HOA Fees

  • $431 Monthly HOA Fees

Property Views

  • Canal
  • Pool

Interior Spaces

  • 1,130 Sq Ft Home
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Great Room
  • Screened Porch

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Property has ocean access
  • Balcony

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 06434731060205010

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, ground maintenance, maintenance structure, recreation facilities, roof, trash, water
  • Boca Bayou Subdivision
  • 6-Story Property

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Community Pool

Security

  • Security Guard
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,055

Year Built

Built in 1980 | Newly Remodeled

Lot Details

0

HOA Fees

$431 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Boca Bayou is on the South Side of 18th Street just West of Federal Hwy
  • Year Built: 1980
  • Carport Y N: No
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: 4098

Interior Features

  • Interior Amenities: Entrance Foyer, Eat-in Kitchen, Other, Split Bedrooms, Walk-In Closet(s), Elevator
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile, Wood
  • Living Area: 1130.0
  • Dining Room Type: Great Room, Storage Room
  • Stories: 6
  • Window Features: Blinds, Drapes, Sliding

Exterior Features

  • Exterior Features: Balcony, Storm/Security Shutters
  • View: Canal, Pool
  • Pool Features: Association
  • View: Yes
  • Waterfront Features: Dock Access, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block, Stucco
  • Patio And Porch Features: Balcony, Screened
  • Property Condition: New Construction

Garage/Parking

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

Utilities

  • Security: Security Guard, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 431.0
  • Senior Community: No
  • Amenities: Marina, Clubhouse, Fitness Center, Other, Pool, Tennis Court(s), Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Recreation Facilities, Roof, Trash, Water

Lot Info

  • Parcel #: 06434731060205010

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 3055.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2018
Closed on
Jun 25, 2018
Sold by
Wells Dennis M and King Janice R
Bought by
Argento Alexander A
Seller's Agent
Celeste Pavone
The Cove Guspav Realty
Buyer's Agent
Celeste Pavone
Century 21 Guspav Realty Inc
List Price
$229,000
Sold Price
$198,000
Premium/Discount to List
-$31,000
-13.54%
Current Estimated Value
$401,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,763
Avg. Annual Appreciation
10.31%
Original Mortgage
$118,800
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 26, 2013
Closed on
Jul 19, 2013
Sold by
Nichols Christopher G and Desiderio Nichols Raffaella
Bought by
Wells Dennis M
Seller's Agent
Heather Suarez
Keller Williams Realty Jupiter
Buyer's Agent
Celeste Pavone
Century 21 Guspav Realty Inc
List Price
$224,900
Sold Price
$215,000
Premium/Discount to List
-$9,900
-4.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.65%

Purchase Details

Closed on
Apr 18, 2006
Sold by
Nichols George C and Nichols Alexandra
Bought by
Nichols Christopher George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
6.33%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 18, 2004
Sold by
Nichols George C and Nichols Alexandra
Bought by
Nichols George C

Purchase Details

Closed on
Nov 17, 2004
Sold by
Nichols George C and Nichols Alexandra
Bought by
Nichols George C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 20, 2004
Sold by
Buccinna Margaret
Bought by
Nichols George C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 1, 1998
Sold by
Greven Horst
Bought by
Buccinna Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,400
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 1997
Sold by
Powers Evelyn Rae
Bought by
Greven Horst
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $198,000 Attorney
Warranty Deed $215,000 Sunbelt Title Agency
Interfamily Deed Transfer -- All American Title
Interfamily Deed Transfer -- Complete Title Solutions Inc
Interfamily Deed Transfer -- Complete Title Solutions Inc
Warranty Deed $230,000 Complete Title Solutions Inc
Warranty Deed $83,000 --
Warranty Deed $74,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 New Conventional
Closed $118,800 New Conventional
Previous Owner $176,000 Unknown
Previous Owner $174,000 Fannie Mae Freddie Mac
Previous Owner $180,000 Unknown
Previous Owner $63,500 Credit Line Revolving
Previous Owner $66,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2018 06/27/18 Sold $198,000 -13.5% $175 / Sq Ft
05/28/2018 05/28/18 Pending -- -- --
01/10/2018 01/10/18 For Sale $229,000 +6.5% $203 / Sq Ft
07/19/2013 07/19/13 Sold $215,000 -4.4% $190 / Sq Ft
06/19/2013 06/19/13 Pending -- -- --
04/26/2013 04/26/13 For Sale $224,900 -- $199 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $4,302 $278,168 -- --
2023 $4,196 $270,066 $0 $0
2022 $4,144 $262,200 $0 $0
2021 $3,516 $183,000 $0 $183,000
2020 $3,202 $164,000 $0 $164,000
2019 $3,161 $157,000 $0 $157,000
2018 $2,861 $148,000 $0 $148,000
2017 $2,966 $152,000 $0 $0
2016 $3,055 $154,000 $0 $0
2015 $3,035 $148,500 $0 $0
2014 $2,807 $135,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    Celeste Pavone

    The Cove Guspav Realty

    (954) 421-0520

    4 Total Sales

    Celeste Pavone
    Section Image

  • C

    Buyer's Agent in 2018

    Celeste Pavone

    Century 21 Guspav Realty Inc

  • Heather Suarez

    Seller's Agent in 2013

    Heather Suarez

    Keller Williams Realty Jupiter

    (561) 379-7490

    107 Total Sales

    Heather Suarez
    Section Image
  • Adrienne Carruthers PA

    Seller Co-Listing Agent in 2013

    Adrienne Carruthers PA

    Keller Williams Realty - Welli

    (561) 398-4166

    110 Total Sales

    Adrienne Carruthers PA
    Section Image
See All Agents

About Boca Bayou

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10102111

BeachesMLS (Greater Fort Lauderdale)

APN: 06-43-47-31-06-020-5010

Florida Palm Beach County Boca Raton 33432

20 Royal Palm Way Unit 501, Boca Raton, FL

This home is located at 20 Royal Palm Way Unit 501, Boca Raton, FL 33432 and is currently priced at $198,000, approximately $175 per square foot. This property was built in 1980. 20 Royal Palm Way Unit 501 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.

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