NOT LISTED FOR SALE

4 Royal Palm Way Unit 4020 Boca Raton, FL 33432

Estimated Value: $350,000 - $462,000

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

Last Sold November 13, 2023

Last sale price $470,000 $465 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $3,032/month

37 Days on Market

Highlights

  • Boat Ramp
  • Fitness Center
  • Gated Community
  • Boca Raton Community Middle School Rated A-
  • Newly Remodeled
  • Waterfront

About This Home

As of November 2023

MODEL PERFECT!! COMPLETELY RENOVATED by Top Contractor! ALL NEW TOP QUALITY KITCHEN, FLOORS, BATHROOMS, CEILING, WALLS, PLUMBING, LIGHTING AND FIXTURES! ALL NEW IMPACT WINDOWS & DOORS! Great water views from your balcony! Kitchen features brand new stainless steel appliances, Quartz counters, 2 extra custom cabinets, and island. beautiful tile work. Bathroom features porcelain showers with extra body sprays! Designer lighting. New AC and duct filter system thru out. Extra Bath added! custom closets and pantry. DOCKS AVAILABLE! Guard gated community with 5 pools, tennis & pickleball. Close to downtown and beaches. Leases OK! Service animals ok. All assessments paid in full.

Last Agent to Sell the Property

Barbara Penn

United Realty Group, Inc License #653276 Listed on: 10/06/2023

United Realty Group, Inc

Last Buyer's Agent

Xtreme Realty Team

Atlantic One Realty Group LLC License #3039385

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,505

Year Built

  • Built in 1977 | Newly Remodeled

Lot Details

  • 3.01

HOA Fees

  • $564 Monthly HOA Fees

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 1,010 Sq Ft Home
  • Custom Mirrors
  • Built-In Features
  • Ceiling Fan
  • Entrance Foyer
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Stacked Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Additional Features

  • Fixed Bridges
  • Waterfront
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 06434731060044020

Community Details

Overview

  • High-Rise Condominium
  • Boca Bayou Subdivision, Custom Floorplan
  • 5-Story Property

Recreation

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

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,505

Year Built

Built in 1977 | Newly Remodeled

Lot Details

0

HOA Fees

$564 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: FEDERAL HWY TO ROYAL PALM WAY
  • Year Built: 1977
  • Architectural Style: High Rise
  • Entry Level: 4
  • Unit Levels: Three Or More
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: 4098

Interior Features

  • Interior Amenities: Built-in Features, Closet Cabinetry, Entrance Foyer, Elevator, Custom Mirrors, Separate Shower, Stacked Bedrooms, Walk-In Closet(s)
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1010.0
  • Dining Room Type: Laundry
  • Stories: 5

Exterior Features

  • Pool Features: None, Association, Community
  • Waterfront Features: Fixed Bridge
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: New Construction

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 564.0
  • Community Features: Boat Facilities, Clubhouse, Gated, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Pool, Tennis Court(s), Trail(s)
  • Association Fee Frequency: Monthly

Lot Info

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

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1505.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2023
Closed on
Nov 13, 2023
Sold by
Boca Bayou 402 Realty Trust
Bought by
Klein Meridith Lydia
Seller's Agent
Barbara Penn
United Realty Group, Inc
Buyer's Agent
Xtreme Realty Team
Atlantic One Realty Group LLC
List Price
$500,000
Sold Price
$470,000
Premium/Discount to List
-$30,000
-6%
Views
124
Current Estimated Value
$397,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$72,894
Avg. Annual Appreciation
-8.24%
Original Mortgage
$376,000
Outstanding Balance
$369,528
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
$27,578

Purchase Details

Closed on
Nov 18, 2022
Sold by
Lay Allen
Bought by
Boca Bayou 402 Realty Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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

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 $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2023 11/13/23 Sold $470,000 -6.0% $465 / Sq Ft
10/06/2023 10/06/23 For Sale $500,000 -- $495 / 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

  • Barbara Penn

    Seller's Agent in 2023

    Barbara Penn

    United Realty Group, Inc

    (561) 212-1252

    41 Total Sales

    Barbara Penn
    Section Image

  • X

    Buyer's Agent in 2023

    Xtreme Realty Team

    Atlantic One Realty Group LLC

    (954) 695-8077

    123 Total Sales

    Xtreme Realty Team
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10925539

BeachesMLS

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

Florida Palm Beach County Boca Raton 33432

4 Royal Palm Way Unit 4020, Boca Raton, FL

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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