NOT LISTED FOR SALE

47 Spanish River Dr Boynton Beach, FL 33435

Estimated Value: $3,696,000 - $4,906,684

4 Beds
4 Baths
3,937 Sq Ft
$1,088/Sq Ft Est. Value

Last Sold December 10, 2019

Last sale price $2,000,000 $508 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $24,978/month

1 Day on Market

Highlights

  • Property has ocean access
  • Outdoor Pool
  • Mediterranean Architecture
  • Dock has access to electricity and water
  • Home fronts a canal
  • Lanai

About This Home

As of December 2019

This lovely waterfront home is situated on an oversized lot on a very private cul-de-sac at Inlet Cay, a barrier island in the beautiful, quaint town of Ocean Ridge. This Randall Stoft designed home is perfect for the boat enthusiast as it includes 2 boat docks with 170' of deep-water access plus local beach access at Boynton Inlet less than 2 miles away. Lush landscaping adds to the home's beauty and privacy and the spectacular backyard features both a pool and fountain, further enhanced by the lovely southern exposure and view of the waterway that leads directly to open ocean waters. The home's interior boasts soaring ceilings with crown molding, tiled floors, recessed lighting, arched doorways and unique wall units in the large den. The extensive use of large windows and sliding glass doors allow the beauty of natural light to flow throughout virtually every room of this spacious home. A center island designed modern kitchen features marble countertops and plenty of workspace in addition to custom cabinetry and an abundance of storage space. All of this luxury and beauty, as well as the satisfaction of knowing that you'll be living in Ocean Ridge, one of the premier communities in Palm Beach County, is an exceptional value for the discriminating buyer seeking an upscale waterfront property.

Last Agent to Sell the Property

Steven Presson

The Corcoran Group License #3135349 Listed on: 11/06/2019

The Corcoran Group

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,591

Year Built

  • Built in 1997

Lot Details

  • 0.44 Acre Lot
  • Home fronts a canal
  • Cul-De-Sac
  • Southeast Facing Home
  • Sprinkler System

Parking

  • Attached Garage

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • Fiber Cement Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,937 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Sliding Windows
  • Utility Room
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Single Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Property has ocean access
  • Bulkhead
  • Dock has access to electricity and water
  • Dock made with concrete
  • Lanai

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Inlet Cay Subdivision

Listing and Financial Details

  • Assessor Parcel Number 46434522110000470

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,591

Year Built

Built in 1997

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.44
  • Lot Size: 170
  • Subdivision Name: Inlet Cay
  • Directions: North Ocean / A1A north to west on Inlet Cay, right on Spanish River to the end of the cul-de-sac
  • Architectural Style: Mediterranean
  • Garage Yn: Yes
  • Year Built: 1997
  • Location Tax Legal:Zoned: SFR
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 26591.02
  • Location Tax Legal:Tax Year2: 2018
  • General Property Description:Living Area: 3937.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 170
  • Floors:WW Carpeting: Yes
  • Roof:Cement Tile: Yes
  • Windows:Sliding: Yes
  • Pets:Pets Allowed: Yes
  • General Property Description:Lot SqFt: 19166
  • HOA:None: Yes
  • Exposure:South: Yes
  • Style:One Story: Yes
  • Exposure:East: Yes
  • Style:Mediterranean: Yes
  • Waterfront:Canal: Yes
  • Dock:Electric at Dock: Yes
  • Dock:Concrete: Yes
  • Dock:Water at Dock: Yes
  • Lot Size:Cul-De-Sac Lot: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Range-Electric, Oven-Single, Microwave, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Tile, W/W Carpeting
  • Interior Amenities: Ceiling Fan(s), Pantry
  • Living Area: 3937.0
  • Window Features: Sliding
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Lot Features: 1/2 Acre to 1 Acre, Cul-De-Sac Lot
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: Seawall/Bulkhead, Canal
  • Waterfront: Yes
  • Construction Type: Stucco, Block
  • Exterior Features: Ocean Access-No Deed, Sprinkler System
  • Patio And Porch Features: Patio/Lanai
  • Roof: Cement Tile
  • Exterior Features:Sprinkler System: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:SeawallBulkhead2: Yes
  • Exterior Features:Ocean Access-No Deed: Yes

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Attached
  • Garage: Yes

Utilities

  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat
  • Heating Yn: Yes
  • Utilities: Cable Available

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 19166.0
  • Parcel #: 46434522110000470
  • Zoning: SFR

Tax Info

  • Tax Annual Amount: 26591.02
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2019
Closed on
Dec 6, 2019
Sold by
Stolitzky Herbert J and Stolitzky Louise S
Bought by
Erdos Christopher
Seller's Agent
Steven Presson
The Corcoran Group
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$2,000,000
Sold Price
$2,000,000
Current Estimated Value
$4,282,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,282,671
Avg. Annual Appreciation
13.73%
Original Mortgage
$1,400,000
Outstanding Balance
$1,236,713
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$3,045,958

Purchase Details

Closed on
Jun 16, 2005
Sold by
Stolitzky Louise S and Stolitzky Herbert J
Bought by
Stolitzky Herbert J and Stolitzky Louise S

Purchase Details

Closed on
Oct 16, 2000
Sold by
Nagelmann Joel B and Jewel Nagelmann B
Bought by
Stolitzky Louise S

Purchase Details

Closed on
Nov 6, 1995
Sold by
Varga Frank C and Varga Terry A
Bought by
Nagelmann Joel B and Jewel Nagelmann B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,000
Interest Rate
7.51%
Mortgage Type
New Conventional
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
Erdos Christopher $2,000,000 None Available
Stolitzky Herbert J -- --
Stolitzky Louise S $1,570,000 --
Nagelmann Joel B $380,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erdos Christopher $1,400,000
Previous Owner Nagelmann Joel B $636,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/10/2019 12/10/19 Sold $2,000,000 0.0% $508 / Sq Ft
12/10/2019 12/10/19 Sold $2,000,000 0.0% $508 / Sq Ft View Prior Sale
11/10/2019 11/10/19 Pending -- -- --
11/07/2019 11/07/19 Pending -- -- --
11/06/2019 11/06/19 For Sale $2,000,000 -18.4% $508 / Sq Ft
09/05/2019 09/05/19 For Sale $2,450,000 -- $622 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $29,399 $1,644,375 -- --
2023 $28,745 $1,596,481 $0 $0
2022 $28,538 $1,543,185 $0 $0
2021 $28,461 $1,498,238 $0 $0
2020 $28,087 $1,477,552 $0 $0
2019 $28,166 $1,451,346 $0 $0
2018 $26,591 $1,424,285 $0 $0
2017 $26,174 $1,389,016 $0 $0
2016 $26,389 $1,360,447 $0 $0
2015 $27,009 $1,350,990 $0 $0
2014 $27,064 $1,340,268 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steven Presson

    Seller's Agent in 2019

    Steven Presson

    The Corcoran Group

    (561) 757-0172

    40 in this area

    110 Total Sales

    Steven Presson
    Section Image

  • N

    Buyer's Agent in 2019

    NON MEMBER

    NON MEMBER FIRM

  • Paul Dono

    Buyer's Agent in 2019

    Paul Dono

    Compass Florida LLC

    (561) 777-4242

    56 Total Sales

    Paul Dono
    Section Image
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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 19-1757

APN: 46-43-45-22-11-000-0470

Florida Palm Beach County Boynton Beach 33435

47 Spanish River Dr, Boynton Beach, FL

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