NOT LISTED FOR SALE

Estimated Value: $9,380,000 - $12,380,658

6 Beds
8 Baths
8,414 Sq Ft
$1,236/Sq Ft Est. Value

Last Sold April 13, 2012

Last sale price $6,900,000 $820 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $63,325/month

234 Days on Market

Highlights

  • Private Pool
  • Home fronts a canal
  • Garden View
  • Boca Raton Community Middle School Rated A-
  • Marble Flooring
  • Jettted Tub and Separate Shower in Primary Bathroom

About This Home

As of April 2012

Impeccable custom estate home on deep water. Features include lavish decor complete with state of the art audio visual, grand foyer entry, high impact glass, CBS construction, Southeast exposure. club room, library, gourmet kitchen and much more.

Last Agent to Sell the Property

Jonathan Postma

Coldwell Banker/BR License #3199367 Listed on: 06/24/2011

Coldwell Banker/BR

Last Buyer's Agent

Geraldine Penniman

Premier Estate Properties Inc License #419110

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $80,275

Year Built

  • Built in 2003

Lot Details

  • Lot Dimensions are 110x159x114x168
  • Home fronts a canal
  • West Facing Home
  • Sprinkler System

HOA Fees

  • $193 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Property Views

  • Garden
  • Pool

Home Design

  • Spanish Tile Roof

Interior Spaces

  • 8,414 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Furnished
  • Bar
  • High Ceiling
  • Fireplace
  • French Doors
  • Entrance Foyer
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Outdoor Features

  • Private Pool
  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 06434729100020270

Home Details

Home Type

Single Family

Est. Annual Taxes

$80,275

Year Built

Built in 2003

Lot Details

0

HOA Fees

$193 per month

Parking

4

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 ROAD TO COCONUT PALM, LEFT TO THE PROPERTY
  • Year Built: 2003
  • Unit Levels: Multi/Split, Two
  • New Construction: No
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Wet Bar, Bidet, Breakfast Area, Central Vacuum, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Elevator, High Ceilings, Jetted Tub, Pantry, Separate Shower, Upper Level Primary, Bar, Walk-In Closet(s)
  • Furnished: Furnished
  • Appliances: Dishwasher, Electric Range, Disposal, Ice Maker, Refrigerator
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Carpet, Marble
  • Living Area: 8414.0
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • View: Garden, Pool
  • Lot Features: 1/4 to 1/2 Acre Lot, Sprinklers Automatic, Sprinkler System
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Canal Front
  • Waterfront: Yes
  • Direction Faces: West
  • Patio And Porch Features: Covered, Open, Patio, Balcony
  • Property Condition: Resale
  • Roof: Spanish Tile

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Association Fee: 192.58
  • Pets Allowed: Yes
  • Community Features: Home Owners Association
  • Senior Community: No
  • Amenities: None
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Security

Lot Info

  • Parcel #: 06434729100020270
  • Lot Size: 110X159X114X168
  • Mobile Dim Units: Feet
  • Zoning: R1a

Tax Info

  • Tax Year: 2009
  • Tax Annual Amount: 80275.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2011
Closed on
Apr 11, 2012
Sold by
Feldman Philip J and Feldman Jacqueline
Bought by
Lipson Lannie
Seller's Agent
Jonathan Postma
Coldwell Banker/BR
Buyer's Agent
Geraldine Penniman
Premier Estate Properties Inc
List Price
$7,895,000
Sold Price
$6,900,000
Premium/Discount to List
-$995,000
-12.6%
Current Estimated Value
$10,403,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,503,886
Avg. Annual Appreciation
3.02%

Purchase Details

Closed on
Nov 19, 2003
Sold by
Polidori Richard
Bought by
Feldman Philip J and Feldman Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,200,000
Interest Rate
6.04%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 11, 2002
Sold by
Torto Christopher P and Torto Waneska C
Bought by
Polidori Richard

Purchase Details

Closed on
Jul 21, 2000
Sold by
Hasey William J
Bought by
Torto Christophe P and Torto Waneska C

Purchase Details

Closed on
Dec 3, 1999
Sold by
William W Schnabel Tr and Thomas E Schnabel Tr
Bought by
Hasey William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,272,600
Interest Rate
7.94%
Mortgage Type
Balloon
Source: Public Records
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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
Lipson Lannie $6,500,000 Seagull Title Company
Feldman Philip J $6,500,000 --
Polidori Richard $2,312,500 Patch Reef Title Company Inc
Torto Christophe P $2,200,000 --
Hasey William J $1,414,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Feldman Philip J $5,200,000
Previous Owner Hasey William J $1,272,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2012 04/13/12 Sold $6,900,000 -12.6% $820 / Sq Ft
02/13/2012 02/13/12 Pending -- -- --
06/24/2011 06/24/11 For Sale $7,895,000 -- $938 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $108,637 $6,591,572 -- --
2024 $108,637 $6,405,804 -- --
2023 $106,368 $6,219,227 $0 $0
2022 $105,655 $6,038,084 $0 $0
2021 $105,446 $5,862,217 $0 $0
2020 $103,989 $5,781,279 $0 $0
2019 $104,591 $5,651,299 $0 $0
2018 $98,057 $5,545,926 $0 $0
2017 $97,590 $5,431,857 $0 $0
2016 $98,071 $5,320,134 $0 $0
2015 $103,000 $5,354,187 $0 $0
2014 $94,787 $4,867,443 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R3206850

BeachesMLS (Greater Fort Lauderdale)

APN: 06-43-47-29-10-002-0270