NOT LISTED FOR SALE

315 Royal Palm Way Boca Raton, FL 33432

Royal Palm Yacht and Country Club Neighborhood

Estimated Value: $6,917,853 - $8,723,000

5 Beds
6.5 Baths
6,503 Sq Ft
$1,211/Sq Ft Est. Value

Last Sold July 15, 2015

Last sale price $3,450,000 $531 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $46,882/month

115 Days on Market

Highlights

  • On Golf Course
  • Private Pool
  • Loft
  • Boca Raton Community Middle School Rated A-
  • Wood Flooring
  • High Ceiling

About This Home

As of July 2015

Synonymous with the resort lifestyle, Royal Palm Yacht & Country Club has a rich heritage and distinguished stature not only as Boca Raton's prestigious signature address, but also as one of the most sought-after communities in the nation. Beautifully sited along the enclave's acclaimed Jack Nicklaus golf course is an impressive estate home built in 2005 that perfectly embodies the luxury and style of Royal Palm.With timeless architecture reminiscent of the Bahamas, the five-bedroom residence is introduced by a stately columned entry into an elegantly modern living environment achieving a balance of drama and quiet refinement. Also notable are the generous room sizes which are equally well-suited for entertaining and everyday use.

Last Agent to Sell the Property

Joseph Liguori

Premier Estate Properties Inc License #487849 Listed on: 02/19/2015

Last Buyer's Agent

Geraldine Penniman

Premier Estate Properties Inc License #419110

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,583

Year Built

  • Built in 2005

Lot Details

  • On Golf Course
  • South Facing Home
  • Sprinkler System
  • Property is zoned R1A

HOA Fees

  • $197 Monthly HOA Fees

Parking

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

Property Views

  • Golf Course
  • Garden
  • Pool

Interior Spaces

  • 6,503 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bar
  • High Ceiling
  • Fireplace
  • French Doors
  • Family Room
  • Formal Dining Room
  • Den
  • Loft
  • Impact Glass

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06434729100140090

Community Details

Overview

  • Association fees include common areas, cable TV, security
  • Royal Palm Yacht And Coun Subdivision

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,583

Year Built

Built in 2005

Lot Details

0

HOA Fees

$197 per month

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Call Listing Office
  • Year Built: 2005
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Area, Dining Area, Separate/Formal Dining Room, French Door(s)/Atrium Door(s), Fireplace, High Ceilings, Split Bedrooms, Bar, Walk-In Closet(s), Loft
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Living Area: 6503.0
  • Dining Room Type: Den, Family Room, Laundry, Loft
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Outdoor Grill, Patio
  • View: Golf Course, Garden, Pool
  • Lot Features: On Golf Course, Sprinklers Automatic
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: South
  • Patio And Porch Features: Patio

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Driveway, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Security Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity 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, Cable TV, Security

Lot Info

  • Parcel #: 06434729100140090
  • Zoning Description: R1A

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 47583.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2015
Closed on
Jul 9, 2015
Sold by
Cacioppo James and Cacioppo Jennifer
Bought by
Schmidt Steven M and Schmidt Deborah A
Seller's Agent
Joseph Liguori
Premier Estate Properties Inc
Buyer's Agent
Geraldine Penniman
Premier Estate Properties Inc
List Price
$3,850,000
Sold Price
$3,450,000
Premium/Discount to List
-$400,000
-10.39%
Current Estimated Value
$7,874,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,424,963
Avg. Annual Appreciation
8.55%

Purchase Details

Listed on
Feb 13, 2015
Closed on
Feb 17, 2015
Sold by
Mendiburu Thomas and Cassotta Mendiburu Toni
Bought by
Cacioppo James and Cacioppo Jennifer
Seller's Agent
Joseph Liguori
Premier Estate Properties Inc
Buyer's Agent
Gerard Liguori
Premier Estate Properties Inc
List Price
$3,695,000
Sold Price
$3,000,000
Premium/Discount to List
-$695,000
-18.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.62%

Purchase Details

Listed on
Jan 17, 2014
Closed on
Jul 14, 2014
Sold by
Markin Marnie
Bought by
Mendiburu Thomas and Cassotta Mendiburg Toni
Seller's Agent
David Roberts
Royal Palm Properties LLC
Buyer's Agent
Gerard Liguori
Premier Estate Properties Inc
List Price
$3,500,000
Sold Price
$3,050,000
Premium/Discount to List
-$450,000
-12.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.67%
Original Mortgage
$2,135,000
Interest Rate
2.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 25, 2012
Sold by
Markin Matthew and Markin Marnie
Bought by
Markin Marnie

Purchase Details

Closed on
Nov 18, 2010
Sold by
Rau Carl W and Rau Julie A
Bought by
Markin Matthew and Markin Marnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2008
Sold by
Gmac Global Relocation Services Llc
Bought by
Rau Carl W and Rau Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 2007
Sold by
Fenger Michael J and Fenger Laura H
Bought by
Gmac Global Relocation Services Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.17%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 24, 2006
Sold by
Qualk Ronald L and Qualk Brooke R
Bought by
Fenger Michael J and Fenger Laura H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
4.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 6, 2004
Sold by
Smith Patricia M and Smith Robert L
Bought by
Qualk Ronald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,950,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2003
Sold by
Smith Robert L and Smith Patricia
Bought by
Smith Patricia M and Smith Robert L

Purchase Details

Closed on
Sep 14, 1994
Sold by
Brinegar Elvin
Bought by
Smith Robert L and Smith Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,000
Interest Rate
8.37%
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
Schmidt Steven M $3,450,000 Attorney
Cacioppo James $3,000,000 Columbia Title Services Inc
Mendiburu Thomas $3,050,000 Old Palm Title Llc
Markin Marnie -- Attorney
Markin Matthew $2,700,000 Old Palm Title Llc
Rau Carl W $3,240,000 Multiple
Rau Carl W $3,240,000 Multiple
Gmac Global Relocation Services Llc $3,200,000 Multiple
Fenger Michael J $3,875,000 None Available
Qualk Ronald L $1,200,000 Hillsboro Beach Title & Escr
Smith Patricia M -- --
Smith Robert L $542,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mendiburu Thomas $2,135,000
Previous Owner Markin Matthew $1,800,000
Previous Owner Rau Carl W $2,000,000
Previous Owner Gmac Global Relocation Services Llc $250,000
Previous Owner Fenger Michael J $2,500,000
Previous Owner Qualk Ronald L $1,950,000
Previous Owner Smith Robert L $434,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2015 07/15/15 Sold $3,450,000 -10.4% $531 / Sq Ft
06/15/2015 06/15/15 Pending -- -- --
02/19/2015 02/19/15 For Sale $3,850,000 +26.2% $592 / Sq Ft
07/11/2014 07/11/14 Sold $3,050,000 -12.9% $469 / Sq Ft
06/11/2014 06/11/14 Pending -- -- --
01/17/2014 01/17/14 For Sale $3,500,000 -- $538 / 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 $59,202 $3,500,070 -- --
2023 $57,958 $3,398,126 $0 $0
2022 $57,558 $3,299,151 $0 $0
2021 $57,430 $3,203,059 $1,792,996 $1,410,063
2020 $53,424 $2,940,816 $1,800,000 $1,140,816
2019 $57,131 $3,057,050 $1,800,000 $1,257,050
2018 $55,630 $3,115,643 $1,783,550 $1,332,093
2017 $56,144 $3,094,614 $1,698,619 $1,395,995
2016 $53,812 $2,890,285 $0 $0
2015 $49,268 $2,554,817 $0 $0
2014 $47,583 $2,476,986 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joseph Liguori

    Seller's Agent in 2015

    Joseph Liguori

    Premier Estate Properties Inc

    (561) 702-3477

    4 in this area

    134 Total Sales

    Joseph Liguori
    Section Image

  • G

    Buyer's Agent in 2015

    Geraldine Penniman

    Premier Estate Properties Inc

    (561) 212-3888

    21 in this area

    33 Total Sales

    Geraldine Penniman
    Section Image
  • David Roberts

    Seller's Agent in 2014

    David Roberts

    Royal Palm Properties LLC

    (561) 368-6200

    170 in this area

    180 Total Sales

    David Roberts
    Section Image

  • G

    Buyer's Agent in 2014

    Gerard Liguori

    Premier Estate Properties Inc

    (561) 394-7700

    21 Total Sales

    Gerard Liguori
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10112911

BeachesMLS

APN: 06-43-47-29-10-014-0090

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

315 Royal Palm Way, Boca Raton, FL

This home is located at 315 Royal Palm Way, Boca Raton, FL 33432 since 19 February 2015 and is currently estimated at $7,874,963, approximately $1,210 per square foot. This property was built in 2005. 315 Royal Palm Way 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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