NOT LISTED FOR SALE

521 NE Spanish Trail Boca Raton, FL 33432

Boca Raton Riviera Neighborhood

Estimated Value: $5,717,000 - $8,435,000

6 Beds
5.5 Baths
5,259 Sq Ft
$1,381/Sq Ft Est. Value

Last Sold August 11, 2016

Last sale price $4,085,000 $777 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $41,509/month

166 Days on Market

Highlights

  • Boat Ramp
  • Property fronts an intracoastal waterway
  • Heated Pool
  • Boca Raton Community Middle School Rated A-
  • Home Theater
  • Wood Flooring

About This Home

As of August 2016

BEST DEAL ON THE WATERFRONT! JUST REDUCED AGAIN!PRICED FOR IMMEDIATE SALE! COMPLETED 2013! ONE OF A KIND DIRECT INTRACOASTAL DREAM ESTATE! THIS IS A RARE AND SPECTACULAR ''NO WAKE ZONE'' LOT IN AN IDEAL LOCATION! ENJOY THE GORGEOUS VIEW AND BOATS AS THEY CRUISE BY FROM YOUR BRAND NEW INFINITY RESORT STYLE POOL, WITH 5 BEDROOMS PLUS A GUEST HOUSE AND YOUR MASTER DOWN THIS FLOOR PLAN IS IDEAL FOR ANY FAMILY! THE RICH WOOD FLOORING THROUGHOUT,FIREPLACE, DRAMATIC STAIRCASE, GOURMET STATE OF THE ART CARRERA WHITE KITCHEN,AND VIEWS FROM EVERY ANGLE SIMPLY TAKE YOUR BREATH AWAY. ALL OF THIS AND A SPACIOUS YARD FOR KIDS TO PLAY! THIS IS TRULY A GEM AND A BOATERS PARADISE, JUST MINUTES FROM THE BOCA INLET AND QUICK WALK TO THE BEACH! THIS LOCATION AND HOME IS A MUST SEE!

Last Agent to Sell the Property

Jodi Schulefand

Champagne & Parisi Real Estate License #3065822 Listed on: 01/27/2016

Champagne & Parisi Real Estate

Co-Listed By

Lisa Lipsky

Luxury Partners Realty License #3026481

Luxury Partners Realty

Last Buyer's Agent

Lisa Lipsky

Luxury Partners Realty License #3026481

Luxury Partners Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $54,251

Year Built

  • Built in 2013

Lot Details

  • 0.32 Acre Lot
  • Property fronts an intracoastal waterway
  • Property is zoned R1D

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Mediterranean Architecture
  • Spanish Tile Roof
  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 5,259 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • Home Theater
  • Den
  • Wood Flooring
  • Intracoastal Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass

Outdoor Features

  • Heated Pool
  • Balcony
  • Open Patio
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 06434720110120070

Community Details

Overview

  • Boca Raton Riviera Subdivision

Recreation

  • Boat Ramp
  • Boating

Home Details

Home Type

Single Family

Est. Annual Taxes

$54,251

Year Built

Built in 2013

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: PALMETTO PK RD EAST TO A1A, GO LEFT ON A1A TO 6TH ST AND MAKE A LEFT TO THE END THEN GO LEFT ON SPANISH TRAIL TO HOUSE ON RIGHT.
  • Year Built: 2013
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Fireplace, High Ceilings, Pantry, Walk-In Closet(s)
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Flooring: Wood
  • Living Area: 5259.0
  • Dining Room Type: Den, Media Room
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony, Outdoor Grill, Patio
  • View: Intercoastal
  • Pool Features: Heated, Pool
  • Pool Private: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: Resale
  • Roof: Concrete, Spanish Tile, Tile

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Covered, Garage, Garage Door Opener

Utilities

  • Security: Security System
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 06434720110120070
  • Lot Size Sq Ft: 13879.0
  • Zoning Description: R1D
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 54251.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2021
Sold by
Pepitone Jason S
Bought by
Pepitone Jason Scott and Jason Scott Pepitone Revocable
Current Estimated Value
$7,263,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,800,000
Outstanding Balance
$2,176,278
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$5,087,658

Purchase Details

Closed on
Mar 31, 2021
Sold by
Fields Steven and Fields Kim B
Bought by
Pepitone Jason S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,800,000
Outstanding Balance
$2,176,278
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$5,087,658

Purchase Details

Listed on
Jan 27, 2016
Closed on
Jul 14, 2016
Sold by
Winfield Adam and Winfield Tia
Bought by
Fields Steven
Seller's Agent
Jodi Schulefand
Champagne & Parisi Real Estate
Buyer's Agent
Lisa Lipsky
Luxury Partners Realty
List Price
$5,995,000
Sold Price
$4,085,000
Premium/Discount to List
-$1,910,000
-31.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.44%

Purchase Details

Listed on
Mar 4, 2013
Closed on
Nov 22, 2013
Sold by
Neuman Mark J and Neuman Debra L
Bought by
Winfield Adam
Seller's Agent
Ari Albinder
The Keyes Company
Buyer's Agent
Jodi Schulefand
Champagne & Parisi Real Estate
List Price
$3,500,000
Sold Price
$3,418,000
Premium/Discount to List
-$82,000
-2.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%

Purchase Details

Closed on
Nov 30, 2009
Sold by
Phillips Janis E and The Florence E Vincent Family
Bought by
Neuman Mark J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,312,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2008
Sold by
Phillips Janis E and The Florence E Vincent Marital
Bought by
Phillips Janis E and The Samuel Vincent Declaration Of Trust

Purchase Details

Closed on
Apr 3, 1997
Sold by
Vincent Samuel and Vincent Florence E
Bought by
Vincent Florence E and Florence E Vincent Declaration Of Trust
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
Pepitone Jason Scott -- Attorney
Pepitone Jason S $5,337,000 Attorney
Fields Steven $4,085,000 None Available
Winfield Adam $3,418,000 Columbia Title Services Inc
Neuman Mark J $1,640,000 Gold Coast Title Co Svcs Inc
Phillips Janis E -- Attorney
Phillips Janis E -- Attorney
Phillips Janis E -- Attorney
Vincent Florence E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pepitone Jason S $4,800,000
Previous Owner Neuman Mark J $1,312,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/11/2016 08/11/16 Sold $4,085,000 -31.9% $777 / Sq Ft
07/12/2016 07/12/16 Pending -- -- --
01/27/2016 01/27/16 For Sale $5,995,000 +75.4% $1,140 / Sq Ft
11/22/2013 11/22/13 Sold $3,418,000 -2.3% $650 / Sq Ft View Prior Sale
10/23/2013 10/23/13 Pending -- -- --
03/04/2013 03/04/13 For Sale $3,500,000 -- $666 / 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 $41,868 $4,913,879 -- --
2023 $81,498 $4,769,941 $0 $0
2022 $80,946 $4,631,011 $0 $0
2021 $53,432 $2,981,651 $0 $0
2020 $52,690 $2,940,484 $0 $0
2019 $52,986 $2,874,373 $0 $0
2018 $49,671 $2,820,778 $0 $0
2017 $49,422 $2,762,760 $0 $0
2016 $53,467 $2,912,105 $0 $0
2015 $54,251 $2,854,772 $0 $0
2014 $54,479 $2,832,115 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jodi Schulefand

    Champagne & Parisi Real Estate

    (561) 901-3373

    1 Total Sale

    Jodi Schulefand
    Section Image
  • Lisa Lipsky

    Seller Co-Listing Agent in 2016

    Lisa Lipsky

    Luxury Partners Realty

    (561) 706-3139

    14 Total Sales

    Lisa Lipsky
    Section Image

  • A

    Seller's Agent in 2013

    Ari Albinder

    The Keyes Company

    (561) 702-0413

    50 Total Sales

    Ari Albinder
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10202737

BeachesMLS

APN: 06-43-47-20-11-012-0070

Florida Palm Beach County Boca Raton 33432 Boca Raton Riviera

521 NE Spanish Trail, 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.

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