NOT LISTED FOR SALE

2401 Areca Palm Rd Boca Raton, FL 33432

Royal Palm Yacht and Country Club Neighborhood

Estimated Value: $4,434,000 - $8,502,000

5 Beds
3 Baths
2,880 Sq Ft
$2,538/Sq Ft Est. Value

Last Sold July 03, 2018

Last sale price $1,750,000 $608 Per Sq Ft

Est. 318% increase in value since last sale

Current estimated payment $44,306/month

About This Home

As of July 2018

Totally renovated interior home in the heart of Royal Palm Yacht and CC. Situated on a massive, oversized corner lot.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2017
Closed on
Jul 2, 2018
Sold by
Samofalov Vladimir and Samofalov Elena
Bought by
Diaz Lgnacio and Diaz Padua Daniela
Seller's Agent
Jonathan Postma
Coldwell Banker/BR
Buyer's Agent
Jonathan Postma
Coldwell Banker/BR
List Price
$2,300,000
Sold Price
$1,750,000
Premium/Discount to List
-$550,000
-23.91%
Current Estimated Value
$7,309,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,559,993
Avg. Annual Appreciation
21.70%

Purchase Details

Listed on
Sep 9, 2015
Closed on
Oct 20, 2015
Sold by
Long Lewis P and Long Sydne Bolden
Bought by
Samofalov Vladamir and Samofalova Elena
Seller's Agent
John Hackett
The Corcoran Group
Buyer's Agent
Jonathan Postma
Coldwell Banker/BR
List Price
$1,725,000
Sold Price
$1,700,000
Premium/Discount to List
-$25,000
-1.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.08%

Purchase Details

Closed on
Aug 14, 2009
Sold by
Carmichael Ian
Bought by
Long Lewis P and Long Sydne Bolden

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,000
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2006
Sold by
Hoffheimer Minette G
Bought by
Carmichael Ian

Purchase Details

Closed on
Nov 7, 2003
Sold by
Hoffheimer Minette G
Bought by
Hoffheimer Minette G and Minette G Hoffheimer Trust

Purchase Details

Closed on
Sep 3, 1996
Sold by
Vanhillo Mary Janet Harris
Bought by
Vanhillo Mary Janet Harris
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Diaz Lgnacio $1,750,000 None Available
Samofalov Vladamir $1,700,000 Sovereign Shores Title Co In
Long Lewis P $850,000 Old Palm Title Llc
Carmichael Ian $1,375,000 Suncoast Title Of Wellington
Hoffheimer Minette G -- --
Vanhillo Mary Janet Harris -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Long Lewis P $517,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/03/2018 07/03/18 Sold $1,750,000 -23.9% $608 / Sq Ft View Prior Sale
06/03/2018 06/03/18 Pending -- -- --
05/18/2017 05/18/17 For Sale $2,300,000 +35.3% $799 / Sq Ft
10/20/2015 10/20/15 Sold $1,700,000 -1.4% $590 / Sq Ft View Prior Sale
09/20/2015 09/20/15 Pending -- -- --
09/09/2015 09/09/15 For Sale $1,725,000 0.0% $599 / Sq Ft
07/02/2014 07/02/14 For Rent $7,000 0.0% --
07/02/2014 07/02/14 Rented $7,000 -- --

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 $64,242 $3,796,287 -- --
2023 $62,893 $3,685,716 $0 $0
2022 $62,461 $3,578,365 $0 $0
2021 $62,325 $3,474,141 $1,514,913 $1,959,228
2020 $24,884 $1,378,000 $1,378,000 $0
2019 $25,367 $1,365,000 $1,365,000 $0
2018 $25,064 $1,394,192 $1,321,018 $73,174
2017 $23,228 $1,270,634 $1,100,848 $169,786
2016 $23,980 $1,279,747 $0 $0
2015 $18,653 $906,246 $0 $0
2014 $16,566 $823,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Postma

    Seller's Agent in 2018

    Jonathan Postma

    Coldwell Banker/BR

    (561) 843-7828

    11 in this area

    108 Total Sales

    Jonathan Postma
    Section Image
  • John Hackett

    Seller's Agent in 2015

    John Hackett

    The Corcoran Group

    (561) 414-8884

    15 Total Sales

    John Hackett
    Section Image
  • Dean Watson

    Seller's Agent in 2014

    Dean Watson

    Campbell&Rosemurgy Real Estate

    (954) 815-1013

    42 Total Sales

    Dean Watson
    Section Image
  • Carole Watson

    Seller Co-Listing Agent in 2014

    Carole Watson

    Campbell&Rosemurgy Real Estate

    (954) 422-1750

    41 Total Sales

    Carole Watson
    Section Image

  • C

    Buyer's Agent in 2014

    Christopher Twist

    RE/MAX Advantage Plus

See All Agents

Map

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

2401 Areca Palm Rd, Boca Raton, FL

This home is located at 2401 Areca Palm Rd, Boca Raton, FL 33432 and is currently estimated at $7,309,993, approximately $2,538 per square foot. 2401 Areca 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.

Nearby Homes