NOT LISTED FOR SALE

Townsend Place 550 SE Mizner Blvd Unit 403-B Boca Raton, FL 33432

Downtown Boca Neighborhood

Estimated Value: $2,204,000 - $2,643,000

3 Beds
3 Baths
2,473 Sq Ft
$1,651/mo HOA Fee

Last Sold February 19, 2020

Last sale price $1,289,000 $521 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $16,826/month

114 Days on Market

Highlights

  • Gated with Attendant
  • Roman Tub
  • Sauna
  • Boca Raton Community Middle School Rated A-
  • Marble Flooring
  • Community Pool

About This Home

As of February 2020

Floor to ceiling impact windows overlooking the balcony display a gorgeous view of the Boca Resort greens and water features. Stunning corner 3 Bedroom, 3 Bathroom recently updated with modern kitchen cabinets, counters, and Bosch appliances, onyx stone bathrooms., and A/C. Spacious resort living in the heart of downtown Boca!

Last Agent to Sell the Property

Ayelet Mullen

Set Sail Realty, Inc License #3100099 Listed on: 09/27/2019

Last Buyer's Agent

Lauren Barrocas

Compass Florida LLC (PB) License #3275854

Compass Florida LLC (PB)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,029

Year Built

  • Built in 2003

Lot Details

  • 1

HOA Fees

  • $1,651 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Guest Parking
  • Assigned Parking

Interior Spaces

  • 2,473 Sq Ft Home
  • Tinted Windows
  • Entrance Foyer
  • Closed Circuit Camera

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 3 Full Bathrooms
  • Roman Tub

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06434729490024030

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, maintenance structure, parking, sewer, security, trash
  • 195 Units
  • Townsend Place Subdivision
  • 9-Story Property

Amenities

  • Sauna
  • Game Room
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,029

Year Built

Built in 2003

Lot Details

0

HOA Fees

$1,651 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: FEDERAL HWY TO SE MIZNER BLVD 1ST RIGHT INTO TOWNSEND PLACE.
  • Year Built: 2003
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Closet Cabinetry, Entrance Foyer, Garden Tub/Roman Tub, Split Bedrooms, Walk-In Closet(s)
  • Spa Features: Community
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile, Marble
  • Living Area: 2473.0
  • Dining Room Type: Storage Room
  • Stories: 9
  • Window Features: Drapes, Impact Glass, Tinted Windows

Exterior Features

  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Attached, Garage, Guest

Utilities

  • Laundry Features: Laundry Tub
  • Security: Closed Circuit Camera(s), Gated with Guard, Security Guard
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1651.0
  • Community Features: Game Room, Property Manager On-Site, Pool, Sauna
  • Senior Community: No
  • Amenities: Management, Pool, Sauna, Spa/Hot Tub, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Structure, Parking, Sewer, Security, Trash

Lot Info

  • Parcel #: 06434729490024030
  • Zoning Description: DDRI
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 17029.0

Multi Family

  • Number Of Units In Community: 195

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2022
Sold by
Jay Schwartz Michael and Jay Jill Maxine
Bought by
Roger H Herz Revocable Trust
Current Estimated Value
$2,340,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$925,074
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$1,442,597

Purchase Details

Listed on
Sep 27, 2019
Closed on
Feb 19, 2020
Sold by
Yemini Yechiam and Yemini Rebecca Hollander
Bought by
Schwartz Michael Jay and Scherr Maxine Jill
Seller's Agent
Ayelet Mullen
Set Sail Realty, Inc
Buyer's Agent
Lauren Barrocas
Compass Florida LLC (PB)
List Price
$1,450,000
Sold Price
$1,289,000
Premium/Discount to List
-$161,000
-11.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.67%
Original Mortgage
$510,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2015
Sold by
Grueschow Horst W and Grueschow Emerentiana
Bought by
Yemini Yechiam

Purchase Details

Closed on
Mar 30, 2010
Sold by
Toranto I Richard and Toranto Barbara
Bought by
Grueschow Horst W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2004
Sold by
Boca Golf View Ltd
Bought by
Toranto I Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,600
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage
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
Roger H Herz Revocable Trust $2,120,000 Udine & Udine Pa
Roger H Herz Revocable Trust $2,120,000 None Listed On Document
Schwartz Michael Jay $1,289,000 Horizon Title Services Inc
Yemini Yechiam $1,050,000 First Priority Title Co
Grueschow Horst W $990,000 First Priority Title Co
Toranto I Richard $744,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roger H Herz Revocable Trust $1,000,000
Closed Roger H Herz Revocable Trust $1,000,000
Previous Owner Schwartz Michael Jay $510,000
Previous Owner Grueschow Horst W $169,000
Previous Owner Grueschow Horst W $417,000
Previous Owner Toranto I Richard $595,600
Closed Toranto I Richard $74,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2020 02/19/20 Sold $1,289,000 -11.1% $521 / Sq Ft
01/20/2020 01/20/20 Pending -- -- --
09/27/2019 09/27/19 For Sale $1,450,000 -- $586 / 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 $29,067 $1,733,830 -- --
2023 $28,447 $1,683,330 $0 $0
2022 $16,255 $951,844 $0 $0
2021 $16,197 $924,120 $0 $0
2020 $17,305 $945,000 $0 $945,000
2019 $18,362 $975,000 $0 $975,000
2018 $17,868 $995,000 $0 $995,000
2017 $17,029 $980,000 $0 $0
2016 $15,391 $820,000 $0 $0
2015 $11,874 $649,681 $0 $0
2014 $11,921 $644,525 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Ayelet Mullen

    Set Sail Realty, Inc

    4 Total Sales

    Ayelet Mullen
    Section Image

  • L

    Buyer's Agent in 2020

    Lauren Barrocas

    Compass Florida LLC (PB)

    (917) 327-4133

    2 in this area

    52 Total Sales

    Lauren Barrocas
    Section Image
See All Agents

About Townsend Place

Map

Source: BeachesMLS

MLS Number: R10564801

BeachesMLS

APN: 06-43-47-29-49-002-4030

Florida Palm Beach County Boca Raton 33432 Downtown Boca

550 SE Mizner Blvd Unit 403-B, Boca Raton, FL

This home is located at 550 SE Mizner Blvd Unit 403-B, Boca Raton, FL 33432 since 27 September 2019 and is currently estimated at $2,340,554, approximately $946 per square foot. This property was built in 2003. 550 SE Mizner Blvd Unit 403-B 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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