NOT LISTED FOR SALE

2221 Cherry Palm Rd Boca Raton, FL 33432

Royal Palm Yacht and Country Club Neighborhood

Estimated Value: $3,505,108 - $4,331,000

4 Beds
3 Baths
2,836 Sq Ft
$1,429/Sq Ft Est. Value

Last Sold May 15, 2018

Last sale price $1,625,000 $573 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $25,465/month

86 Days on Market

Highlights

  • Private Pool
  • Marble Flooring
  • Breakfast Area or Nook
  • Boca Raton Community Middle School Rated A-
  • Garden View
  • Formal Dining Room

About This Home

As of May 2018

This home is located at 2221 Cherry Palm Rd, Boca Raton, FL 33432 since 18 January 2018 and is currently estimated at $4,053,277, approximately $1,429 per square foot. This property was built in 1967. 2221 Cherry Palm Rd 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.

Last Agent to Sell the Property

David Roberts

Royal Palm Properties LLC License #464265 Listed on: 01/18/2018

Last Buyer's Agent

David Roberts

Royal Palm Properties LLC License #464265 Listed on: 01/18/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,718

Year Built

  • Built in 1967

Lot Details

  • East Facing Home
  • Sprinkler System

HOA Fees

  • $210 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Property Views

  • Garden
  • Pool

Home Design

  • Concrete Roof

Interior Spaces

  • 2,836 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Family Room
  • Formal Dining Room

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Laundry Tub

Outdoor Features

  • Private Pool
  • Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 06434729100110100

Community Details

Overview

  • Association fees include common areas, security
  • Royal Palm Yacht And Coun Subdivision

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,718

Year Built

Built in 1967

Lot Details

0

HOA Fees

$210 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 at the Federal Highway entrance, Royal Palm Way to Cherry Palm Road to the property.
  • Year Built: 1967
  • Architectural Style: Ranch
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Carpet, Marble, Wood
  • Living Area: 2836.0
  • Dining Room Type: Family Room, Laundry
  • Stories: 1

Exterior Features

  • Exterior Features: Patio
  • View: Garden, Pool
  • Lot Features: Sprinklers Automatic
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Patio
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Golf Cart Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security Guard
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 210.0
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Security

Lot Info

  • Parcel #: 06434729100110100
  • Zoning Description: Resident

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 20718.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2018
Closed on
May 2, 2018
Sold by
Hannon Doris H and Doris H Hannon Trust
Bought by
Nicola Modcsta and Modesta Nicola Fantoni Revocab
Seller's Agent
David Roberts
Royal Palm Properties LLC
Buyer's Agent
David Roberts
Royal Palm Properties LLC
List Price
$1,895,000
Sold Price
$1,625,000
Premium/Discount to List
-$270,000
-14.25%
Current Estimated Value
$4,053,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,428,277
Avg. Annual Appreciation
12.46%

Purchase Details

Listed on
Feb 27, 2015
Closed on
Aug 27, 2015
Sold by
Gomez Letizia Mangione and Gomez Alejandro
Bought by
Hannon Doris H
Seller's Agent
Michele Floyd
RE/MAX Select Group
Buyer's Agent
David Roberts
Royal Palm Properties LLC
List Price
$1,549,000
Sold Price
$1,450,000
Premium/Discount to List
-$99,000
-6.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.28%

Purchase Details

Closed on
Apr 25, 2007
Sold by
Razavi Mark D and Razavi Amy R
Bought by
Gomez Alejandro and Gomez Letizia Mangione

Purchase Details

Closed on
May 26, 2005
Sold by
Bates Patrick and Bates Kristine
Bought by
Razavi Mark D and Razavi Amy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Interest Rate
5.27%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 15, 2004
Sold by
Emerson Zenna Bonnie H
Bought by
Bates Patrick and Bates Kristine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
5.97%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 9, 2002
Sold by
Emerson Zenna Bonnie H and Emerson Bonnie H
Bought by
Emerson Zenna Bonnie H

Purchase Details

Closed on
Jul 11, 2002
Sold by
Emerson Zenna Bonnie H
Bought by
Emerson Zenna Bonnie H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.77%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Nicola Modcsta $1,625,000 Old Palm Title Llc
Hannon Doris H $1,450,000 Old Palm Title Llc
Gomez Alejandro $1,450,000 Old Palm Title Llc
Razavi Mark D $1,295,000 Royal Palm Title Agency Inc
Bates Patrick $835,000 Suncoast Title Of Wellington
Emerson Zenna Bonnie H -- --
Emerson Zenna Bonnie H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Razavi Mark D $198,750
Previous Owner Razavi Mark D $937,500
Previous Owner Bates Patrick $83,000
Previous Owner Bates Patrick $668,000
Previous Owner Emerson Bonnie H $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2018 05/15/18 Sold $1,625,000 -14.2% $573 / Sq Ft
04/15/2018 04/15/18 Pending -- -- --
01/18/2018 01/18/18 For Sale $1,895,000 +30.7% $668 / Sq Ft
08/27/2015 08/27/15 Sold $1,450,000 -6.4% $511 / Sq Ft
07/28/2015 07/28/15 Pending -- -- --
02/27/2015 02/27/15 For Sale $1,549,000 0.0% $546 / Sq Ft
05/01/2013 05/01/13 Rented $6,000 -7.7% --
04/01/2013 04/01/13 Under Contract -- -- --
03/18/2013 03/18/13 For Rent $6,500 -- --
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 $40,076 $1,918,652 -- --
2023 $38,782 $1,744,229 $2,821,203 $240,773
2022 $32,347 $1,585,663 $0 $0
2021 $27,454 $1,601,688 $1,458,930 $142,758
2020 $23,983 $1,310,465 $1,272,000 $38,465
2019 $24,307 $1,290,751 $1,260,000 $30,751
2018 $22,684 $1,286,295 $1,243,959 $42,336
2017 $20,718 $1,131,593 $1,036,632 $94,961
2016 $20,638 $1,099,330 $0 $0
2015 $17,289 $872,172 $0 $0
2014 $15,986 $792,884 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Roberts

    Seller's Agent in 2018

    David Roberts

    Royal Palm Properties LLC

    (561) 368-6200

    168 in this area

    178 Total Sales

    David Roberts
    Section Image

  • M

    Seller's Agent in 2015

    Michele Floyd

    RE/MAX

    (561) 479-7743

    1 Total Sale

    Michele Floyd
    Section Image

  • P

    Seller Co-Listing Agent in 2015

    Pamela Floyd

    Inactive Member

  • J

    Buyer's Agent in 2013

    Joyce Schneider

    Castles By The Beach, Inc.

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10397732

BeachesMLS

APN: 06-43-47-29-10-011-0100

Florida Palm Beach County Boca Raton 33432 Royal Palm Yacht and Country Club

2221 Cherry Palm Rd, Boca Raton, FL

This home is located at 2221 Cherry Palm Rd, Boca Raton, FL 33432 since 18 January 2018 and is currently estimated at $4,053,277, approximately $1,429 per square foot. This property was built in 1967. 2221 Cherry Palm Rd 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.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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