NOT LISTED FOR SALE

255 SE Wavecrest Way Boca Raton, FL 33432

Estimated Value: $6,290,753 - $7,299,000

5 Beds
8 Baths
8,192 Sq Ft
$834/Sq Ft Est. Value

Last Sold October 04, 2013

Last sale price $2,100,000 $256 Per Sq Ft

Est. 225% increase in value since last sale

Current estimated payment $39,736/month

326 Days on Market

Highlights

  • Home Theater
  • Newly Remodeled
  • Deck
  • Boca Raton Community Middle School Rated A-
  • Pool is Self Cleaning
  • Recreation Room

About This Home

As of October 2013

Brand NEW Beachside Mansion. 6 BR/6.2 BA including 1 BR guest house. 2 Master Suites with retreat rooms, fireplace, elevator, exercise room, media room, parlor, gallery, family room, bar, observation deck, heated pool and spa, see addenda. Summer kitchen, reflection pool, and so much more! Walk to Beach, Restaurants, Shopping, Boca Resort & Beach Club.

Last Agent to Sell the Property

Ari Albinder

The Keyes Company License #607019 Listed on: 10/12/2012

The Keyes Company

Last Buyer's Agent

Ari Albinder

The Keyes Company License #607019 Listed on: 10/12/2012

The Keyes Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,910

Year Built

  • Built in 2009 | Newly Remodeled

Lot Details

  • Sprinkler System
  • Property is zoned R1c

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 8,192 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Bar
  • Vaulted Ceiling
  • Fireplace
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Recreation Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Intercom
  • Fire and Smoke Detector

Outdoor Features

  • Pool is Self Cleaning
  • Deck
  • Patio
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Por La Mar Subdivision, Villa Toscana Floorplan

Listing and Financial Details

  • Assessor Parcel Number 06434728010000861

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,910

Year Built

Built in 2009 | Newly Remodeled

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: A1A, 1 Blk S of Palmetto to Olive Way, W to Wavecrest, South to property.
  • Year Built: 2009
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: 4098

Interior Features

  • Interior Amenities: Wet Bar, Bidet, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Elevator, Fireplace, Garden Tub/Roman Tub, Living/Dining Room, Pantry, Split Bedrooms, Separate Shower, Vaulted Ceiling(s), Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Other
  • Living Area: 8192.0
  • Dining Room Type: Den, Family Room, Great Room, Media Room, Recreation, Storage Room
  • Stories: 2

Exterior Features

  • Exterior Features: Deck, Outdoor Grill, Patio
  • Lot Features: Sprinklers Automatic
  • Pool Features: Cleaning System, Heated, Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Other
  • Patio And Porch Features: Deck, Patio
  • Property Condition: New Construction
  • Roof: Spanish Tile, Tile

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Driveway, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Other Equipment: Intercom
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 06434728010000861
  • Zoning Description: R1c

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 37910.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2012
Closed on
Oct 4, 2013
Sold by
Mannino Theodora A and Mannino Anthony
Bought by
Katari Jay
Seller's Agent
Ari Albinder
The Keyes Company
Buyer's Agent
Ari Albinder
The Keyes Company
List Price
$2,000,000
Sold Price
$2,100,000
Premium/Discount to List
$100,000
5%
Current Estimated Value
$6,833,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,733,938
Avg. Annual Appreciation
10.31%
Original Mortgage
$1,470,000
Outstanding Balance
$1,074,741
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$5,759,197
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
Katari Jay $2,100,000 East Coast Title Group Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Katari Jay $1,470,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2013 10/04/13 Sold $2,100,000 +5.0% $256 / Sq Ft
09/04/2013 09/04/13 Pending -- -- --
10/12/2012 10/12/12 For Sale $2,000,000 -- $244 / 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 $40,331 $2,390,834 -- --
2023 $39,478 $2,321,198 $0 $0
2022 $39,198 $2,253,590 $0 $0
2021 $39,100 $2,187,951 $0 $0
2020 $38,555 $2,157,743 $720,000 $1,437,743
2019 $42,547 $2,312,639 $0 $0
2018 $39,883 $2,269,518 $0 $0
2017 $39,679 $2,222,838 $0 $0
2016 $39,853 $2,177,119 $0 $0
2015 $40,960 $2,161,985 $0 $0
2014 $41,132 $2,144,826 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R3317106

BeachesMLS

APN: 06-43-47-28-01-000-0861