NOT LISTED FOR SALE

202 Royal Palm Way Boca Raton, FL 33432

Estimated Value: $7,245,000 - $9,062,000

5 Beds
8 Baths
6,432 Sq Ft
$1,217/Sq Ft Est. Value

Last Sold April 09, 2015

Last sale price $3,735,000 $581 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $45,337/month

376 Days on Market

Highlights

  • Private Pool
  • Marble Flooring
  • Corner Lot
  • Boca Raton Community Middle School Rated A-
  • Garden View
  • 4-minute walk to Sanborn Square

About This Home

As of April 2015

Brand new signature estate by SRD Building Corp. on an interior corner lot in Royal Palm Yacht & Country Club. Home has 5 bedrooms, 5 full and 2 half bathrooms and is 6,432 sqft under air. Home is currently under construction and to be completed in December 2014. Buyer to pay documentary stamps on the deed and title insurance.

Last Agent to Sell the Property

David Roberts

Royal Palm Properties LLC License #464265 Listed on: 02/26/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,409

Year Built

  • Built in 2014 | Under Construction

Lot Details

  • Lot Dimensions are 125x100x125x100
  • North Facing Home
  • Corner Lot
  • Interior Lot
  • Property is zoned R1A

HOA Fees

  • $197 Monthly HOA Fees

Parking

  • 3 Car Garage

Property Views

  • Garden
  • Pool

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 6,432 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Bar
  • High Ceiling
  • Fireplace
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Impact Glass

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06434729100050180

Community Details

Overview

  • Association fees include common areas, cable TV, security
  • Royal Palm Yacht & Countr Subdivision

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,409

Year Built

Built in 2014 | Under Construction

Lot Details

0

HOA Fees

$197 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Royal Palm Yacht & Country Club
  • Year Built: 2014
  • Entry Level: 2
  • Year Built Details: Under Construction
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Area, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Elevator, Fireplace, High Ceilings, Pantry, Separate Shower, Bar, Walk-In Closet(s), Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Marble, Wood
  • Living Area: 6432.0
  • Dining Room Type: Den, Family Room
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Outdoor Grill, Patio
  • View: Garden, Pool
  • Lot Features: Corner Lot, Interior Lot
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Patio
  • Property Condition: Under Construction

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Two or More Spaces

Utilities

  • Security: Security Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 197.0
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Security

Lot Info

  • Parcel #: 06434729100050180
  • Lot Size: 125x100x125x100
  • Zoning Description: R1A

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 15409.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2014
Closed on
Apr 9, 2015
Sold by
Hargrove John and Hargrove Mary Cheryl
Bought by
Tannenbaum Michael B and Tannenbaum Michelle J
Seller's Agent
David Roberts
Royal Palm Properties LLC
List Price
$3,945,000
Sold Price
$3,735,000
Premium/Discount to List
-$210,000
-5.32%
Current Estimated Value
$7,829,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,094,816
Avg. Annual Appreciation
7.16%
Original Mortgage
$2,988,000
Outstanding Balance
$2,147,072
Interest Rate
2.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,682,744

Purchase Details

Listed on
Apr 17, 2013
Closed on
Jun 13, 2013
Sold by
Cole Connie
Bought by
Hargrove John and Hargrove Mary Cheryl
Seller's Agent
Frank Tipton
Douglas Elliman
Buyer's Agent
David Roberts
Royal Palm Properties LLC
List Price
$830,000
Sold Price
$797,700
Premium/Discount to List
-$32,300
-3.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
133.55%

Purchase Details

Closed on
May 27, 2010
Sold by
Sparks Beau Stuart
Bought by
Cole Connie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
3.25%
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
Tannenbaum Michael B $3,735,000 Old Palm Title Llc
Hargrove John $797,700 Attorney
Cole Connie $620,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tannenbaum Michael B $2,988,000
Previous Owner Cole Connie $496,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/09/2015 04/09/15 Sold $3,735,000 -5.3% $581 / Sq Ft
03/10/2015 03/10/15 Pending -- -- --
02/26/2014 02/26/14 For Sale $3,945,000 +394.5% $613 / Sq Ft
06/14/2013 06/14/13 Sold $797,700 -3.9% $402 / Sq Ft View Prior Sale
05/15/2013 05/15/13 Pending -- -- --
04/17/2013 04/17/13 For Sale $830,000 -- $419 / 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
2025 $47,944 $2,920,621 -- --
2024 $47,944 $2,838,310 -- --
2023 $46,933 $2,755,641 $0 $0
2022 $46,604 $2,675,380 $0 $0
2021 $46,494 $2,597,456 $0 $0
2020 $45,848 $2,561,594 $0 $0
2019 $46,103 $2,504,002 $0 $0
2018 $43,217 $2,457,313 $1,243,959 $1,213,354
2017 $49,039 $2,741,530 $0 $0
2016 $49,263 $2,685,142 $0 $0
2015 $54,242 $2,814,057 $0 $0
2014 $15,409 $780,073 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Roberts

    Seller's Agent in 2015

    David Roberts

    Royal Palm Properties LLC

    (561) 368-6200

    164 Total Sales

    David Roberts
    Section Image
  • Frank Tipton

    Seller's Agent in 2013

    Frank Tipton

    Douglas Elliman

    (561) 703-0065

    23 Total Sales

    Frank Tipton
    Section Image
  • Joe Bermingham

    Seller Co-Listing Agent in 2013

    Joe Bermingham

    LoKation

    (561) 981-9400

    23 Total Sales

    Joe Bermingham
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10019911

BeachesMLS

APN: 06-43-47-29-10-005-0180

Florida Palm Beach County Boca Raton 33432

202 Royal Palm Way, Boca Raton, FL

Not Listed for Sale

Detached

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