NOT LISTED FOR SALE

270 S Silver Palm Rd Boca Raton, FL 33432

Royal Palm Yacht and Country Club Neighborhood

Estimated Value: $4,554,000 - $5,455,663

4 Beds
5.5 Baths
4,811 Sq Ft
$1,041/Sq Ft Est. Value

Last Sold May 16, 2014

Last sale price $1,300,000 $270 Per Sq Ft

Est. 285% increase in value since last sale

Current estimated payment $28,274/month

124 Days on Market

Highlights

  • Private Pool
  • Roman Tub
  • Mediterranean Architecture
  • Boca Raton Community Middle School Rated A-
  • Garden View
  • Corner Lot

About This Home

As of May 2014

Designed for entertaining and living the lifestyle of Boca Raton socialites! Originally built in 1960 as a winter cottage, it was rebuilt in 1991 into a spacious 4 bedroom, 5 1/2 bathroom manor. ''Champagne wishes and caviar dreams'' is not just a phrase as every room in this gem has enjoyed a long and hallowed past as numerous celebrities and community notables have relaxed and enjoyed the prolific Boca Raton lifestyle with its owners. While this eclectically furnished home has need of renovations, the opportunities are endless! The home features a majestic master suite, a large and airy breakfast room, library with a fireplace, and an oversized backyard with a private pool and enormous patio begging for your personal touch!Sitting in the heart of the Royal Palm Yacht and...

Last Agent to Sell the Property

Norka Parodi

The Norka Group License #3224679 Listed on: 12/12/2013

Co-Listed By

Yaveth Parodi

Inactive Member License #3280545

Last Buyer's Agent

Chad Presnell

Oak Lane Realty LLC License #3014184

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,731

Year Built

  • Built in 1960

Lot Details

  • 0.39 Acre Lot
  • Northwest Facing Home
  • Fenced
  • Corner Lot

HOA Fees

  • $197 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Circular Driveway

Property Views

  • Garden
  • Pool

Home Design

  • Mediterranean Architecture
  • Frame Construction
  • Spanish Tile Roof
  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 4,811 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Fireplace
  • Awning
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Den

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Roman Tub

Outdoor Features

  • Private Pool
  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06434729100050350

Community Details

Overview

  • Association fees include common areas, security
  • Royal Palm Yacht & Countr Subdivision

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,731

Year Built

Built in 1960

Lot Details

0

HOA Fees

$197 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Royal Palm Way to Date Palm Rd, right on Silver Palm Rd, 1st home on the left.
  • Year Built: 1960
  • Architectural Style: Mediterranean
  • Special Features: 4108

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Bar, Built-in Features, Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Fireplace, Garden Tub/Roman Tub, Kitchen Island, Split Bedrooms, Walk-In Closet(s), Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 4811.0
  • Dining Room Type: Den, Family Room, Great Room
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Fence, Patio, Awning(s)
  • View: Garden, Pool
  • Lot Features: Corner Lot
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Block, Frame, Stucco
  • Direction Faces: Northwest
  • Patio And Porch Features: Balcony, Open, Patio
  • Roof: Concrete, Spanish Tile, Tile

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: 197.0
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Security

Lot Info

  • Parcel #: 06434729100050350
  • Lot Size Sq Ft: 16829.0
  • Zoning Description: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 13731.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2021
Sold by
Moshe Farache
Bought by
Farache Moshe and Farache Lisa
Current Estimated Value
$5,008,916

Purchase Details

Listed on
Dec 12, 2013
Closed on
May 16, 2014
Sold by
Vanvechten Ii Jay H and Vanvechten Lowell A
Bought by
Farache Moshe
Seller's Agent
Norka Parodi
The Norka Group
Buyer's Agent
Chad Presnell
Oak Lane Realty LLC
List Price
$2,200,000
Sold Price
$1,300,000
Premium/Discount to List
-$900,000
-40.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.10%
Original Mortgage
$700,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 7, 1997
Sold by
Casper Donald J and Casper Kathryn J
Bought by
Van Vechten Ii Jay H and Van Vechten Ii Lowell A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
7.59%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Farache Moshe -- Scott C Gherman Pa
Farache Moshe $1,300,000 Attorney
Van Vechten Ii Jay H $610,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Farache Moshe $600,000
Previous Owner Van Vechten Ii Jay H $700,000
Previous Owner Van Vechten Ii Jay H $410,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2014 05/16/14 Sold $1,300,000 -40.9% $270 / Sq Ft
04/16/2014 04/16/14 Pending -- -- --
12/12/2013 12/12/13 For Sale $2,200,000 -- $457 / 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 $18,253 $1,093,133 -- --
2023 $17,858 $1,061,294 $0 $0
2022 $17,718 $1,030,383 $0 $0
2021 $17,656 $1,000,372 $0 $0
2020 $17,406 $986,560 $0 $0
2019 $18,361 $964,379 $0 $0
2018 $16,316 $942,192 $0 $0
2017 $16,218 $922,813 $0 $0
2016 $16,267 $903,833 $0 $0
2015 $16,703 $897,550 $0 $0
2014 $13,921 $743,683 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Norka Parodi

    Seller's Agent in 2014

    Norka Parodi

    The Norka Group

    (561) 571-6489

    7 Total Sales

    Norka Parodi
    Section Image

  • Y

    Seller Co-Listing Agent in 2014

    Yaveth Parodi

    Inactive Member

  • Chad Presnell

    Buyer's Agent in 2014

    Chad Presnell

    Oak Lane Realty LLC

    (561) 247-1685

    20 Total Sales

    Chad Presnell
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10000637

BeachesMLS

APN: 06-43-47-29-10-005-0350

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

270 S Silver Palm Rd, Boca Raton, FL

This home is located at 270 S Silver Palm Rd, Boca Raton, FL 33432 since 12 December 2013 and is currently estimated at $5,008,916, approximately $1,041 per square foot. This property was built in 1960. 270 S Silver 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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