NOT LISTED FOR SALE

4 Royal Palm Way Unit 402 Boca Raton, FL 33432

Estimated Value: $378,000 - $503,000

2 Beds
1 Bath
1,010 Sq Ft
$564/mo HOA Fee

Last Sold November 18, 2022

Last sale price $285,000 $282 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,105/month

2 Days on Market

Highlights

  • Boat Ramp
  • Property has ocean access
  • Gated with Attendant
  • Boca Raton Community Middle School Rated A-
  • Fitness Center
  • Waterfront

About This Home

As of November 2022

EXPANSIVE WATER VIEWS From This 4th Floor Location. 5 Community Pools, Tennis Courts, Putting Green, Grills, Clubhouse w/ Fitness Center, Sauna. On Site Management. Can Be Leased Immediately. LOWEST-PRICED TWO-BEDROOM UNIT ON MARKET! NEEDS TLC & MAJOR UPDATING PRICED ACCORDINGLY. BRING ALL OFFERS!

Last Agent to Sell the Property

Valerie Selby

Keller Williams Realty Services License #302112 Listed on: 10/19/2022

Keller Williams Realty Services

Last Buyer's Agent

Barbara Penn

United Realty Group, Inc License #653276

United Realty Group, Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,472

Year Built

  • Built in 1977

Lot Details

  • Waterfront

HOA Fees

  • $564 Monthly HOA Fees

Property Views

  • Canal
  • Pool

Interior Spaces

  • 1,010 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Screened Porch

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Property has ocean access
  • Fixed Bridges

Utilities

  • Central Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06434731060044020

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, ground maintenance, maintenance structure, parking, pest control, pool(s), roof, security, trash
  • High-Rise Condominium
  • Boca Bayou Condo Subdivision

Amenities

  • Sauna
  • Clubhouse
  • Game Room
  • Community Library
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Boat Ramp
  • Boating
  • Tennis Courts
  • Shuffleboard Court
  • Fitness Center
  • Community Pool
  • Trails

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,472

Year Built

Built in 1977

Lot Details

0

HOA Fees

$564 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: SW 18TH ST. (ROYAL PALM WAY) BETWEEN FEDERAL & DIXIE
  • Year Built: 1977
  • Architectural Style: High Rise
  • Entry Level: 4
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Eat-in Kitchen, Living/Dining Room, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Laminate
  • Living Area: 1010.0
  • Stories: 1

Exterior Features

  • Exterior Features: Enclosed Porch
  • View: Canal, Pool
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Fixed Bridge, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

  • Laundry Features: Common Area
  • Security: Gated with Guard, Security Guard
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 564.0
  • Community Features: Boat Facilities, Clubhouse, Game Room, Gated, Pool, Sauna, Shuffleboard, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Laundry, Library, Pool, Shuffleboard Court, Sauna, Storage, Tennis Court(s), Trail(s), Trash
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pool(s), Roof, Security, Trash

Lot Info

  • Parcel #: 06434731060044020
  • Zoning Description: R4(cit
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1472.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2023
Sold by
Boca Bayou 402 Realty Trust
Bought by
Klein Meridith Lydia
Current Estimated Value
$389,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Outstanding Balance
$371,079
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
$22,178

Purchase Details

Listed on
Oct 19, 2022
Closed on
Nov 18, 2022
Sold by
Lay Allen
Bought by
Boca Bayou 402 Realty Trust
Seller's Agent
Valerie Selby
Keller Williams Realty Services
Buyer's Agent
Barbara Penn
United Realty Group, Inc
List Price
$289,900
Sold Price
$285,000
Premium/Discount to List
-$4,900
-1.69%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.57%
Original Mortgage
$280,000
Interest Rate
10%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 22, 2009
Sold by
Lombardi Paul
Bought by
Lay Allen

Purchase Details

Closed on
Aug 5, 2005
Sold by
Lombardi Joanne
Bought by
Lombardi Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.57%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 28, 2003
Sold by
Goard Robert and Goard Louise
Bought by
Lombardi Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.89%
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
Klein Meridith Lydia $470,000 None Listed On Document
Boca Bayou 402 Realty Trust $285,000 --
Lay Allen $110,000 Patch Reef Title Company Inc
Lombardi Paul -- --
Lombardi Paul $130,000 Capital Abstract & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klein Meridith Lydia $376,000
Previous Owner Boca Bayou 402 Realty Trust $280,000
Previous Owner Lombardi Paul $176,000
Previous Owner Lombardi Paul $17,000
Previous Owner Lombardi Paul $100,000
Previous Owner Goard Robert $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Sold $285,000 -1.7% $282 / Sq Ft
11/07/2022 11/07/22 For Sale $289,900 0.0% $287 / Sq Ft
10/22/2022 10/22/22 Pending -- -- --
10/19/2022 10/19/22 For Sale $289,900 -- $287 / 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 $4,673 $300,000 -- --
2023 $4,531 $249,000 $0 $249,000
2022 $1,505 $111,893 $0 $0
2021 $1,472 $108,634 $0 $0
2020 $1,447 $107,134 $0 $0
2019 $1,439 $104,725 $0 $0
2018 $1,334 $102,772 $0 $0
2017 $1,306 $100,658 $0 $0
2016 $1,279 $98,588 $0 $0
2015 $1,289 $97,903 $0 $0
2014 $1,290 $97,126 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Valerie Selby

    Seller's Agent in 2022

    Valerie Selby

    Keller Williams Realty Services

    (561) 271-6667

    92 Total Sales

    Section Image
  • Barbara Penn

    Buyer's Agent in 2022

    Barbara Penn

    United Realty Group, Inc

    (561) 212-1252

    41 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10839886

BeachesMLS

APN: 06-43-47-31-06-004-4020

Florida Palm Beach County Boca Raton 33432

4 Royal Palm Way Unit 402, Boca Raton, FL

This home is located at 4 Royal Palm Way Unit 402, Boca Raton, FL 33432 since 19 October 2022 and is currently estimated at $417,883, approximately $413 per square foot. This property was built in 1977. 4 Royal Palm Way Unit 402 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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