NOT LISTED FOR SALE

Aragon on the Ocean 2494 S Ocean Blvd Unit N-M Boca Raton, FL 33432

Estimated Value: $5,718,000 - $7,804,000

6 Beds
8.5 Baths
8,500 Sq Ft
$7,916/mo HOA Fee

Last Sold September 12, 2014

Last sale price $5,400,000 $635 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $52,175/month

229 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Fitness Center
  • Boca Raton Community Middle School Rated A-
  • Bar or Lounge
  • Two Primary Bathrooms

About This Home

As of September 2014

Enjoy oceanfront estate-like living w/o the headaches of owning a house. Abundance of natural light, ocean views & fine finishings welcome you to 6 bdrm,8.5 bath beachfront villa in The Aragon, with the best concierge amenities including beach attendant, valet, security, concierge. Gourmet chef's kitchen fully equipped w top-line appliances & ample space for entertaining or family living. So much more! Call for more information!

Last Agent to Sell the Property

Michelle Ross

MMLS Assoc.-Inactive Member License #3195618 Listed on: 12/27/2013

Last Buyer's Agent

Michelle Ross

MMD Realty LLC License #3195618

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $47,720

Year Built

  • Built in 1995

Lot Details

  • Ocean Front
  • End Unit
  • East Facing Home

HOA Fees

  • $7,916 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Guest Parking

Property Views

  • Garden
  • Pool

Home Design

  • Garden Apartment
  • Entry on the 12th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 8,500 Sq Ft Home
  • Central Vacuum
  • Furnished
  • Furniture Can Be Negotiated
  • Bar
  • Plantation Shutters
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Video Cameras

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Microwave
  • Free-Standing Freezer
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Two Primary Bathrooms
  • Bidet
  • Dual Sinks

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Shed

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater
  • Water Purifier

Listing and Financial Details

  • Assessor Parcel Number 06434732380010111

Community Details

Overview

  • 41 Units
  • Mid-Rise Condominium
  • Aragon Condos
  • Aragon Subdivision, Custom Villa Floorplan
  • 10-Story Property

Amenities

  • Doorman
  • Community Kitchen
  • Business Center
  • Community Center
  • Party Room
  • Community Library
  • Bar or Lounge
  • Elevator

Recreation

  • Heated Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$47,720

Year Built

Built in 1995

Lot Details

0

HOA Fees

$7,916 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 1995
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, Garden Apartment
  • Co List Office Mls Id: FLLb802479
  • Directions: A1A SOUTH OF CAMINO REAL ON THE OCEAN
  • Entry Level: 12
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • Unit Levels: 0
  • Master Model: CUSTOM VILLA
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: ARAGON
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Free-Standing Freezer, Ice Maker, Microwave, Water Purifier, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Bar, Cooking Island, Fire Sprinklers, Entrance Foyer, Laundry Tub, Pantry
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Entry Location: Foyer
  • Flooring: Carpet, Marble, Wood
  • Furnished: Furnished, Furniture Negotiable
  • Living Area: 8500
  • Other Equipment: Central Vacuum
  • Possible Use: Secondary
  • Stories: 10
  • Window Features: Blinds, Drapes, Plantation Shutters
  • Bedroom Features: Primary Bedroom Upstairs, At Least 1 Bedroom Ground Level
  • Dining Room Features: Eat-In Kitchen
  • Master Bathroom Features: 2 Primary Bathrooms, Bidet, Dual Sinks

Exterior Features

  • View: Garden View, Ocean View, Pool Area View
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Other Structures: Extra Building/Shed
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: ARAGON
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Parking Features: 2 Or More Spaces, Guest, Parking-Under Building

Utilities

  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub
  • Security: Fire Sprinklers, Smoke Detector, Doorman, TV Camera

Condo/Co-op/Association

  • Association Fee: 7916
  • Amenities: Bar, Business Center, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Heated Pool, Kitchen Facilities, Library, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 06434732380010111
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Multi Family

  • Number Of Units In Community: 41
  • Number Of Units Total: 41

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 47720

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2017
Sold by
Lepore Lorena
Bought by
Theurer Robert and The Lorena Lepore Qualified Personal Res
Current Estimated Value
$7,100,530

Purchase Details

Closed on
Aug 10, 2017
Sold by
Theurer Vincent M and Lepore Lorena
Bought by
Lepore Lorena

Purchase Details

Listed on
Dec 27, 2013
Closed on
Sep 9, 2014
Sold by
Mayer Lothar L and Mayer Carlyn F
Bought by
Theurer Vincent M
Seller's Agent
Michelle Ross
MMLS Assoc.-Inactive Member
Buyer's Agent
Michelle Ross
MMD Realty LLC
List Price
$6,495,000
Sold Price
$5,400,000
Premium/Discount to List
-$1,095,000
-16.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.50%
Original Mortgage
$2,000,000
Outstanding Balance
$1,501,166
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,599,364

Purchase Details

Closed on
Mar 19, 2010
Sold by
Mayer Lothar L and Mayer Carlyn F
Bought by
Mayer Lothar L

Purchase Details

Closed on
Dec 8, 2009
Sold by
Mayer Lothar and Mayer Carlyn
Bought by
Mayer Lothar L

Purchase Details

Closed on
Jun 26, 2006
Sold by
Raia Steven and Raia Debra
Bought by
Mayer Lothar and Mayer Carlyn

Purchase Details

Closed on
Dec 21, 2001
Sold by
2500 Developers Inc
Bought by
Raia Steven
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
Theurer Robert -- Attorney
Lepore Lorena -- Attorney
Theurer Vincent M $4,400,000 Attorney
Mayer Lothar L -- None Available
Mayer Lothar L -- None Available
Mayer Lothar $3,510,000 Attorney
Raia Steven $1,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Theurer Vincent M $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2014 09/12/14 Sold $5,400,000 -10.0% $635 / Sq Ft
08/14/2014 08/14/14 Pending -- -- --
05/20/2014 05/20/14 Price Changed $5,999,999 -7.6% $706 / Sq Ft
12/27/2013 12/27/13 For Sale $6,495,000 -- $764 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $79,367 $4,126,100 -- --
2023 $74,452 $3,751,000 $0 $0
2022 $65,403 $3,410,000 $0 $0
2021 $56,218 $3,100,000 $0 $3,100,000
2020 $56,220 $3,100,000 $0 $3,100,000
2019 $59,711 $3,200,000 $0 $3,200,000
2018 $56,163 $3,150,000 $0 $3,150,000
2017 $58,874 $3,250,000 $0 $0
2016 $68,737 $3,700,000 $0 $0
2015 $71,165 $3,700,000 $0 $0
2014 $56,173 $2,923,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1885421

MIAMI REALTORS® MLS

APN: 06-43-47-32-38-001-0130