NOT LISTED FOR SALE

5533 Rico Dr Boca Raton, FL 33487

Estimated Value: $2,282,000 - $2,369,000

3 Beds
3 Baths
3,078 Sq Ft
$757/Sq Ft Est. Value

Last Sold March 01, 2022

Last sale price $1,950,000 $634 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $15,253/month

Highlights

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

About This Home

As of November 2022

SEASONAL RENTAL AVAILABLE!!! Owner will FURNISH the house for a rental that is at least 7 months and $20,000 a month. Waterfront Private Enclave & Boaters' Paradise! Located close to Intracoastal Waterway and minutes to the best restaurants and shopping in Boca and Delray, this location is one of the best kept secrets in Boca! The Modern Coastal residence is equipped with smart home technology and many upgrades throughout including electric shades, impact glass, updated pool heater/chiller, nest thermostats, Lutron smart lighting systems and natural gas (city). Pristine, modern decor, porcelain wood floors, open floor plan for entertaining are what make this home so desirable. Circular drive, cul de sac street and private, expansive yard.

Last Agent to Rent the Property

ross zipper

Coldwell Banker Realty /Delray Beach License #3192934 Listed on: 09/20/2022

Coldwell Banker Realty /Delray Beach

Co-Listed By

Ashley Israel

Coldwell Banker Realty /Delray Beach License #3517941

Last Renter's Agent

Dana Terkiel

Compass Florida LLC License #3481947

Compass Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,592

Year Built

  • Built in 1970

Lot Details

  • Waterfront
  • Cul-De-Sac
  • Sprinkler System

Parking

  • 1 Car Attached Garage
  • Circular Driveway

Property Views

  • Canal
  • Pool

Interior Spaces

  • 3,078 Sq Ft Home
  • High Ceiling
  • Fireplace
  • French Doors
  • Loft

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

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

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • Caribbean Keys Subdivision

Listing and Financial Details

  • Property Available on 10/1/22
  • Assessor Parcel Number 06434704050140040

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,592

Year Built

Built in 1970

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2022-10-01

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Federal Highway North of Yamato. East on Jeffrey Street to NE 7th Ave. South on 7th Avenue to Newcastle. Left on Rico, home is on your left.
  • Year Built: 1970
  • Entry Level: 1
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: French Door(s)/Atrium Door(s), Fireplace, High Ceilings, Split Bedrooms, Walk-In Closet(s), Loft
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Other
  • Living Area: 3078.0
  • Dining Room Type: Laundry, Loft

Exterior Features

  • Exterior Features: Patio
  • View: Canal, Pool
  • Lot Features: Cul-De-Sac, Sprinklers Automatic, < 1/4 Acre
  • Pool Features: Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Disclosures: Owner Is Listing Agent
  • Patio And Porch Features: Patio

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Garage

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 06434704050140040

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
$2,330,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,218
Avg. Annual Appreciation
5.35%
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:

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Average Value
Not Available
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
Elias Matthew J $1,950,000 Seth I Cohen Pa
Anthony Eric Charles $1,176,000 Attorney
Hunter Grand Llc $875,000 None Available
Padilla Jorge Guillermo Fuller $532,000 None Available
Wang Chuan S $500,000 None Available
Deutsche Bank National Trust Co $200,100 None Available
Johnson David A $515,000 --
Reynolds William C $331,500 --
Sample William D $206,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elias Matthew J $1,852,500
Previous Owner Anthony Eric Charles $1,176,000
Previous Owner Wang Chuan S $420,000
Previous Owner Johnson David A $620,300
Previous Owner Reynolds William C $51,500
Previous Owner Reynolds William C $412,000
Previous Owner Reynolds William C $124,000
Previous Owner Reynolds William C $265,200
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

  • r

    Landlord's Agent in 2022

    ross zipper

    Coldwell Banker Realty /Delray Beach

    (561) 994-8886

    85 Total Sales

    Section Image

  • V

    Seller's Agent in 2022

    Virginia Schulze

    Douglas Elliman

    (561) 400-2897

    20 Total Sales

    Section Image

  • A

    Landlord's Co-Listing Agent in 2022

    Ashley Israel

    Coldwell Banker Realty /Delray Beach

    (805) 889-0990

    26 Total Sales

    Section Image
  • Dana Terkiel

    Tenant's Agent in 2022

    Dana Terkiel

    Compass Florida LLC

    (561) 251-3722

    19 Total Sales

    Section Image
  • Mark Barone

    Seller's Agent in 2021

    Mark Barone

    Compass Florida LLC

    (561) 235-6801

    47 Total Sales

    Section Image

  • A

    Seller's Agent in 2017

    Ari Albinder

    The Keyes Company

    (561) 702-0413

    50 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10833329

BeachesMLS

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

Florida Palm Beach County Boca Raton 33487

5533 Rico Dr, Boca Raton, FL

This home is located at 5533 Rico Dr, Boca Raton, FL 33487 since 20 September 2022 and is currently priced at $2,330,218. This property was built in 1970. 5533 Rico Dr is a home located in Palm Beach County with nearby schools including J. C. Mitchell 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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