NOT LISTED FOR SALE

22016 Palms Way Unit 2050 Boca Raton, FL 33433

Boca del Mar Neighborhood

Estimated Value: $273,000 - $289,000

2 Beds
2 Baths
958 Sq Ft
$331/mo HOA Fee

Last Sold May 31, 2023

Last sale price $245,000 $256 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,109/month

225 Days on Market

Highlights

  • Vaulted Ceiling
  • Garden View
  • Community Pool
  • Verde Elementary School Rated A-
  • Screened Porch
  • Balcony

About This Home

As of May 2023

VERY WELL KEPT CONDO ON SECOND FLOOR; 2 BEDROOM, 2 BATHROOMS; TILED ALL THROUGHOUT; AIR CONDITIONING AND WATER HEATER 3 YRS OLD; NEWER REFRIGERATOR AND DISHWASHER; FIXTURE AT DINING AREA DOES NOT CONVEY; LOCATED IN BOCA DEL MAR AREA; EXCELLENT SCHOOLS; CLOSE TO THE BEACHES, I-95, TURNPIKE AND SAWGRASS; REALTORS PLEASE REFER TO BROKER REMARKS; BUYER MUST SIGN FIRPTA DISCLOSURE. HOA INCREASED TO $993/QUARTERLY AS OF JANUARY 1, 2023.

Last Agent to Sell the Property

Martha Vasquez

RE/MAX Select Group License #0684641 Listed on: 10/17/2022

RE/MAX Select Group

Last Buyer's Agent

Andres Dubov

Serhant License #3460323

Serhant

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,068

Year Built

  • Built in 1985

Lot Details

  • 1

HOA Fees

  • $331 Monthly HOA Fees

Interior Spaces

  • 958 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Open Floorplan
  • Screened Porch
  • Utility Room
  • Tile Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Balcony
  • West Facing Home

Listing and Financial Details

  • Assessor Parcel Number 00424727410142050

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, maintenance structure, pool(s), roof, trash, water
  • 204 Units
  • Boca Palms Condominium Subdivision, Sabal Palm Floorplan
  • Car Wash Area

Recreation

  • Community Pool
  • Community Spa

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,068

Year Built

Built in 1985

Lot Details

0

HOA Fees

$331 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: PALMETTO PARK WEST OF MILITARY; PASS ST ANDREWS TO NEXT LEFT ON BOCA DEL MAR DRIVE; TO BOCA PALMS CONDOMINIUM ON WEST SIDE; RIGHT ATNEWE FIRST STOP AND SHARP RIGHT TO FIRST BUILDING EAST SIDE.
  • Year Built: 1985
  • Carport Y N: No
  • Entry Level: 2
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bedroom on Main Level, Second Floor Entry, Kitchen/Dining Combo, Living/Dining Room, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 958.0
  • Dining Room Type: Laundry, Utility Room
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony
  • View: Garden
  • Pool Features: Association
  • Waterfront: No
  • Disclosures: Foreign Seller
  • Construction Type: Block
  • Direction Faces: West
  • Patio And Porch Features: Balcony, Screened
  • Property Condition: Resale

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 993.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Pool, Spa/Hot Tub, Vehicle Wash Area
  • Association #2 Fee: 993.0
  • Association Fee Frequency: Quarterly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Structure, Pool(s), Roof, Trash, Water

Lot Info

  • Parcel #: 00424727410142050

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3068.0

Multi Family

  • Number Of Units In Community: 204

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2022
Closed on
May 31, 2023
Sold by
Didonato Giuseppe
Bought by
Martinez Vanessa
Seller's Agent
Martha Vasquez
RE/MAX Select Group
Buyer's Agent
Andres Dubov
Serhant
List Price
$260,000
Sold Price
$245,000
Premium/Discount to List
-$15,000
-5.77%
Total Days on Market
225
Views
12
Current Estimated Value
$277,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,781
Avg. Annual Appreciation
6.45%
Original Mortgage
$220,500
Outstanding Balance
$215,760
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$62,021

Purchase Details

Closed on
Apr 30, 2015
Sold by
Valega Antonio F and Benites Gloria S
Bought by
American Ansori Investment Corp

Purchase Details

Closed on
Apr 3, 2015
Sold by
Didonato Giuseppe and Di Donato Assunta
Bought by
Didonato Giuseppe

Purchase Details

Closed on
May 11, 2009
Sold by
Ficara Maria E
Bought by
Didonato Giuseppe

Purchase Details

Closed on
Jun 18, 2002
Sold by
Michel Madeline
Bought by
Ficara Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,420
Interest Rate
6.67%

Purchase Details

Closed on
Aug 2, 1996
Sold by
Ng Sai
Bought by
Michel Madeline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,300
Interest Rate
8.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 1994
Sold by
Murgo Joseph A and Murgo Christine M
Bought by
Ng Sai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,800
Interest Rate
7.13%
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 Buyer Sale Price Title Company
Martinez Vanessa $245,000 Lighthouse Title Services
American Ansori Investment Corp -- None Available
Didonato Giuseppe -- None Available
Didonato Giuseppe $90,000 None Available
Ficara Maria E $114,000 Fourstar Title Inc
Michel Madeline $63,500 --
Ng Sai $61,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Vanessa $220,500
Previous Owner Ficara Maria E $164,500
Previous Owner Ficara Maria E $117,420
Previous Owner Michel Madeline $60,300
Previous Owner Ng Sai $48,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $245,000 -5.8% $256 / Sq Ft
10/17/2022 10/17/22 For Sale $260,000 -- $271 / 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 $3,647 $235,000 -- --
2023 $3,380 $155,625 $0 $0
2022 $3,068 $141,477 $0 $0
2021 $2,684 $137,500 $0 $137,500
2020 $2,491 $129,500 $0 $129,500
2019 $2,419 $127,500 $0 $127,500
2018 $2,145 $115,500 $0 $115,500
2017 $1,969 $102,000 $0 $0
2016 $1,919 $79,860 $0 $0
2015 $1,794 $72,600 $0 $0
2014 $1,626 $66,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Martha Vasquez

    Seller's Agent in 2023

    Martha Vasquez

    RE/MAX

    9 in this area

    59 Total Sales

    Martha Vasquez
    Section Image

  • A

    Buyer's Agent in 2023

    Andres Dubov

    Serhant

    (561) 302-7538

    3 in this area

    37 Total Sales

    Andres Dubov
    Section Image
See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10352796

BeachesMLS (Greater Fort Lauderdale)

APN: 00-42-47-27-41-014-2050

Florida Palm Beach County Boca Raton 33433 Boca del Mar

22016 Palms Way Unit 2050, Boca Raton, FL

This home is located at 22016 Palms Way Unit 2050, Boca Raton, FL 33433 since 17 October 2022 and is currently estimated at $277,781, approximately $289 per square foot. This property was built in 1985. 22016 Palms Way Unit 2050 is a home located in Palm Beach County with nearby schools including Verde Elementary School, Boca Raton Community High School, and Pine Crest School - Boca Raton.

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