NOT LISTED FOR SALE

Estimated Value: $8,975,000 - $14,150,777

6 Beds
10 Baths
9,987 Sq Ft
$1,100/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $9,000,000 $901 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $74,313/month

50 Days on Market

Highlights

  • 150 Feet of Waterfront
  • Private Pool
  • Canal Access
  • Boca Raton Community Middle School Rated A-
  • Gated Community
  • Laundry Room

About This Home

As of May 2021

This home is located at 289 W Coconut Palm Rd, Boca Raton, FL 33432 since 22 February 2021 and is currently estimated at $10,982,259, approximately $1,099 per square foot. This property was built in 2002. 289 W Coconut 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 High School.

Last Agent to Sell the Property

Marcy Javor

Signature One Luxury Estates LLC License #3329310 Listed on: 02/22/2021

Signature One Luxury Estates LLC

Last Buyer's Agent

Jeremy Morgado

Providian Properties, Inc License #3226615

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $99,726

Year Built

  • Built in 2002

Lot Details

  • 0.59 Acre Lot
  • 150 Feet of Waterfront

HOA Fees

  • $370 Monthly HOA Fees

Parking

  • 5 Car Garage

Interior Spaces

  • 9,987 Sq Ft Home
  • 2-Story Property
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Canal Access

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 06434729100020410

Community Details

Overview

  • Royal Palm Yacht & Countr Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$99,726

Year Built

Built in 2002

Lot Details

0

HOA Fees

$370 per month

Parking

5

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Federal Hwy entrance to Royal Palm, stay on Royal Palm, on W Coconut Palm Rd house will be on your right, corner lot.
  • Year Built: 2002
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Washer
  • Full Bathrooms: 8
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Flooring: Other
  • Living Area: 9987.0
  • Dining Room Type: Laundry
  • Stories: 2

Exterior Features

  • Road Frontage Type: Waterfront
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 5.0
  • Garage Spaces: 5.0
  • Garage Yn: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 370.0
  • Community Features: Gated
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 06434729100020410
  • Lot Size Sq Ft: 25888.0
  • Zoning Description: Resident
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 99726.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2021
Closed on
May 14, 2021
Sold by
Mcgrath Michael J and Mcgrath Kristina A
Bought by
Shaughnessy Kevin O and Shaughnessy John O
Seller's Agent
Marcy Javor
Signature One Luxury Estates LLC
Buyer's Agent
Jeremy Morgado
Providian Properties, Inc
List Price
$8,900,000
Sold Price
$9,000,000
Premium/Discount to List
$100,000
1.12%
Current Estimated Value
$10,982,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,982,259
Avg. Annual Appreciation
4.44%

Purchase Details

Closed on
Dec 15, 2009
Sold by
Schilling Richard J and Schilling Linda S
Bought by
Mcgrath Michael J and Mcgrath Kristina A

Purchase Details

Closed on
Aug 20, 2001
Sold by
Paul R Garcia M and Carol M Garcia M
Bought by
Schilling Richard J and Schilling Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,975,000
Interest Rate
7.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 1998
Sold by
Korsia Guy and Korsia Michele
Bought by
Garcia Paul R and Garcia Carol M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Shaughnessy Kevin O $9,000,000 Attorney
Mcgrath Michael J $5,500,000 Attorney
Schilling Richard J $2,875,000 --
Garcia Paul R $1,400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Paul R $1,975,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2021 05/14/21 Sold $9,000,000 +1.1% $901 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
02/22/2021 02/22/21 For Sale $8,900,000 -- $891 / 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 $196,149 $11,446,200 -- --
2023 $186,043 $10,405,636 $6,688,320 $4,823,173
2022 $166,454 $9,459,669 $0 $0
2021 $101,123 $5,622,825 $0 $0
2020 $99,726 $5,545,192 $0 $0
2019 $100,303 $5,420,520 $0 $0
2018 $94,036 $5,319,450 $0 $0
2017 $93,587 $5,210,039 $0 $0
2016 $94,047 $5,102,879 $0 $0
2015 $96,700 $5,067,407 $0 $0
2014 $97,108 $5,027,189 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10694333

BeachesMLS

APN: 06-43-47-29-10-002-0410