$107,000
SOLD JAN 6, 2016

22100 Palms Way Unit 2020 Boca Raton, FL 33433

Boca del Mar Neighborhood
2 Beds
2 Baths
958 Sq Ft
$305/mo HOA Fee

Recently Sold

$112 Per Sq Ft

7% Above List Price

122 Days on Market

Highlights

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

About This Home

As of September 2020

Bank requires $107,000. Right in the heart of Boca Del Mar, this 2nd floor 2/2 condo w/vaulted ceilings is waiting for someone to make it their own. Truly a diamond in the rough - needs rehab. Beautiful grounds surround the apartment located opposite the lake and fountain. Walk to the community pool. Full size washer and dryer on balcony. Close to shopping, parks and only a few miles from the beach. Perfect for a winter getaway or a full time resident.

Last Agent to Sell the Property

Gail Bass

Keller Williams Realty Boca Raton License #418519 Listed on: 08/06/2015

Keller Williams Realty Boca Raton

Last Buyer's Agent

Andrea Chang

Lang Realty/BR License #3210822

Lang Realty/BR

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $807

Year Built

  • Built in 1985

HOA Fees

  • $305 Monthly HOA Fees

Home Design

  • Fixer Upper

Interior Spaces

  • 958 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Entrance Foyer
  • Combination Dining and Living Room
  • Screened Porch
  • Carpet
  • Garden Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

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

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00424727410042020

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, maintenance structure, recreation facilities, roof, sewer, water
  • Boca Palms Subdivision, 2Nd Floor 2/2 Floorplan

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$807

Year Built

Built in 1985

Lot Details

0

HOA Fees

$305 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Powerline Rd. South of Palmetto Pk. Rd. to Boca Del Mar Dr. East to Boca Palms. Straight back and look for Bldg 22100.
  • Year Built: 1985
  • Special Features: 12

Interior Features

  • Interior Amenities: Entrance Foyer, Eat-in Kitchen, Living/Dining Room, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: None
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet
  • Living Area: 958.0
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony
  • View: Garden
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Screened
  • Property Condition: Fixer

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 305.0
  • Community Features: Pool
  • Senior Community: No
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

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

Lot Info

  • Parcel #: 00424727410042020
  • Zoning Description: Condo
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 807.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2020
Closed on
Sep 16, 2020
Sold by
Pena Fanny A Pineda and Sanchez Jamineth A
Bought by
Vergara Doriana Sanchez and Solera Jose Alexander
Seller's Agent
michael kazdin
Keller Williams Realty Boca Raton
Buyer's Agent
Norma Gonzalez
United Realty Group, Inc
List Price
$215,000
Sold Price
$195,000
Premium/Discount to List
-$20,000
-9.3%
Current Estimated Value
$288,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,246
Avg. Annual Appreciation
8.85%
Original Mortgage
$185,250
Outstanding Balance
$166,253
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$128,703

Purchase Details

Listed on
Aug 6, 2015
Closed on
Jan 6, 2016
Sold by
Ouellette Kimberly J
Bought by
Pineda Fanny A
Seller's Agent
Gail Bass
Keller Williams Realty Boca Raton
Buyer's Agent
Andrea Chang
Lang Realty/BR
List Price
$100,000
Sold Price
$107,000
Premium/Discount to List
$7,000
7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.62%

Purchase Details

Closed on
Jun 27, 2005
Sold by
Godino Jami and Godino Michela
Bought by
Ouellette Kimberly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,400
Interest Rate
2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 1993
Sold by
Seal James A and Seal Donna M
Bought by
Godino Jami

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.24%
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 $195,000 Performance T&E Llc
Warranty Deed $107,000 Performance Title & Escrow L
Warranty Deed $212,000 Specialist Title & Escrow Ll
Warranty Deed $62,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $40,000 Credit Line Revolving
Open $185,250 New Conventional
Previous Owner $122,500 New Conventional
Previous Owner $201,400 New Conventional
Previous Owner $50,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2020 09/17/20 Sold $195,000 -9.3% $204 / Sq Ft
08/18/2020 08/18/20 Pending -- -- --
08/11/2020 08/11/20 For Sale $215,000 +100.9% $224 / Sq Ft
01/06/2016 01/06/16 Sold $107,000 +7.0% $112 / Sq Ft
12/07/2015 12/07/15 Pending -- -- --
08/06/2015 08/06/15 For Sale $100,000 -- $104 / 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 $2,176 $150,250 -- --
2023 $2,110 $145,874 $0 $0
2022 $2,073 $141,625 $0 $0
2021 $2,037 $137,500 $0 $137,500
2020 $1,504 $108,562 $0 $0
2019 $1,495 $106,121 $0 $0
2018 $1,415 $104,142 $0 $0
2017 $1,383 $102,000 $0 $0
2016 $2,181 $102,000 $0 $0
2015 $803 $58,318 $0 $0
2014 $807 $57,855 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10157515

BeachesMLS

APN: 00-42-47-27-41-004-2020