$875,000
SOLD OCT 12, 2017

5533 Rico Dr Boca Raton, FL 33487

4 Beds
3 Baths
3,078 Sq Ft
7,838 Sq Ft Lot

Recently Sold

$284 Per Sq Ft

32% Below List Price

286 Days on Market

Highlights

  • 43 Feet of Waterfront
  • Property has ocean access
  • Loft
  • Boca Raton Community Middle School Rated A-
  • Private Pool
  • Pool View

About This Home

As of March 2022

Beautiful Deepwater Pool/Spa Home. Impact glass, light and bright feel. Gourmet kitchen, fireplace. Absolute Showplace!

Last Agent to Sell the Property

Ari Albinder

The Keyes Company License #607019 Listed on: 11/29/2016

The Keyes Company

Last Buyer's Agent

Mark Barone

Compass Florida LLC License #3255921

Compass Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,806

Year Built

  • Built in 1970

Lot Details

  • 7,838 Sq Ft Lot
  • 43 Feet of Waterfront
  • Property is zoned R1B(ci

Parking

  • Driveway

Home Design

  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 3,078 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Family Room
  • Loft
  • Pool Views

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Property has ocean access
  • No Fixed Bridges

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Caribbean Keys Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06434704050140040

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,806

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Fed Hwy North of Yamato to Jeffrey St; East on Jeffrey to NE 7th Ave; South on NE 7th Ave to Newcastle St; Left to Rico Drive.
  • Year Built: 1970
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Fireplace, Split Bedrooms, Walk-In Closet(s), Loft
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Other
  • Living Area: 3078.0
  • Dining Room Type: Family Room, Loft
  • Stories: 2

Exterior Features

  • View: Pool
  • Road Frontage Type: Waterfront
  • Lot Features: < 1/4 Acre
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Spanish Tile, Tile

Garage/Parking

  • Garage Yn: No
  • Parking Features: Driveway

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 06434704050140040
  • Lot Size Sq Ft: 7838.0
  • Zoning Description: R1B(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 13806.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2022
Closed on
Mar 1, 2022
Sold by
Charles Anthony Sr Eric
Bought by
Elias Matthew J and Israel Ashley
Seller's Agent
Virginia Schulze
Douglas Elliman
Buyer's Agent
Virginia Schulze
Douglas Elliman
List Price
$2,200,000
Sold Price
$1,950,000
Premium/Discount to List
-$250,000
-11.36%
Current Estimated Value
$2,459,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$509,329
Avg. Annual Appreciation
5.15%
Original Mortgage
$1,852,500
Outstanding Balance
$1,746,205
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$584,013

Purchase Details

Listed on
Aug 26, 2020
Closed on
Jan 12, 2021
Sold by
Hunter Grand Llc
Bought by
Anthony Eric Charles
Seller's Agent
Mark Barone
Compass Florida LLC
Buyer's Agent
Mark Barone
Compass Florida LLC
List Price
$1,290,000
Sold Price
$1,176,000
Premium/Discount to List
-$114,000
-8.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.44%
Original Mortgage
$1,176,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 29, 2016
Closed on
Oct 12, 2017
Sold by
Padilla Jorge Guillermo Fuller and Barriga Francisca Martinez
Bought by
Hunter Grand Llc
Seller's Agent
Ari Albinder
The Keyes Company
Buyer's Agent
Mark Barone
Compass Florida LLC
List Price
$1,295,000
Sold Price
$875,000
Premium/Discount to List
-$420,000
-32.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.52%

Purchase Details

Closed on
Oct 24, 2012
Sold by
Wang Chuan S
Bought by
Padilla Jorge Guillermo Fuller and Barriga Francisca Martinez

Purchase Details

Closed on
Nov 12, 2008
Sold by
Deutsche Bank National Trust Company
Bought by
Wang Chuan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.95%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 24, 2008
Sold by
Johnson David A
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Dec 28, 2000
Sold by
Reynolds William C and Reynolds Chelsea D
Bought by
Johnson David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,500
Interest Rate
7.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 1999
Sold by
Sample William D and Sample Michele R
Bought by
Reynolds William C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,200
Interest Rate
7.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 1995
Sold by
Smith Diane
Bought by
Sample William D and Sample Michele R
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,950,000 Seth I Cohen Pa
Warranty Deed $1,176,000 Attorney
Warranty Deed $875,000 None Available
Warranty Deed $532,000 None Available
Special Warranty Deed $500,000 None Available
Trustee Deed $200,100 None Available
Warranty Deed $515,000 --
Warranty Deed $331,500 --
Warranty Deed $206,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,852,500 New Conventional
Previous Owner $1,176,000 New Conventional
Previous Owner $420,000 Credit Line Revolving
Previous Owner $620,300 Unknown
Previous Owner $51,500 New Conventional
Previous Owner $412,000 New Conventional
Previous Owner $124,000 New Conventional
Previous Owner $265,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2022 11/20/22 Rented $13,500 0.0% --
10/28/2022 10/28/22 Under Contract -- -- --
10/19/2022 10/19/22 Price Changed $13,500 -3.6% $4 / Sq Ft
10/03/2022 10/03/22 Price Changed $14,000 -6.7% $5 / Sq Ft
09/20/2022 09/20/22 For Rent $15,000 0.0% --
03/01/2022 03/01/22 Sold $1,950,000 -11.4% $634 / Sq Ft
01/30/2022 01/30/22 Pending -- -- --
01/16/2022 01/16/22 For Sale $2,200,000 +87.1% $715 / Sq Ft
01/11/2021 01/11/21 Sold $1,176,000 +11660.0% $457 / Sq Ft
12/12/2020 12/12/20 Pending -- -- --
10/15/2020 10/15/20 Rented $10,000 -99.2% --
09/15/2020 09/15/20 Under Contract -- -- --
08/26/2020 08/26/20 For Sale $1,290,000 0.0% $501 / Sq Ft
08/24/2020 08/24/20 For Rent $7,600 0.0% --
10/12/2017 10/12/17 Sold $875,000 -32.4% $284 / Sq Ft
09/12/2017 09/12/17 Pending -- -- --
11/29/2016 11/29/16 For Sale $1,295,000 -- $421 / 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 $28,592 $1,700,851 -- --
2023 $27,983 $1,651,312 $1,269,259 $382,053
2022 $25,317 $1,422,437 $0 $0
2021 $18,289 $1,006,889 $636,838 $370,051
2020 $16,531 $897,823 $630,000 $267,823
2019 $17,324 $923,556 $672,000 $251,556
2018 $14,992 $826,901 $630,261 $196,640
2017 $14,779 $802,463 $562,733 $239,730
2016 $14,614 $737,868 $0 $0
2015 $13,806 $670,789 $0 $0
2014 $11,106 $558,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10287491

BeachesMLS

APN: 06-43-47-04-05-014-0040