NOT LISTED FOR SALE

581 Phillips Dr Boca Raton, FL 33432

Boca Raton Area

Estimated Value: $7,433,449

3 Beds
2.5 Baths
2,390 Sq Ft
$3,110/Sq Ft Est. Value

Sale Details

Date Sold: June 3, 2019

Last sale price $1,380,000 $577 Per Sq Ft

Est. 439% increase in value since last sale

Current estimated payment $45,178 / mo

60 Days on Market

Highlights

  • Pool
  • Home fronts a canal
  • Pool View
  • Boca Raton Community Middle School Rated A-
  • Soaking Tub in Primary Bathroom
  • Patio

About This Home

As of June 2019

Astonishing view from this direct canal home. Just minutes away from Boca Inlet, it sits in a no wake zone. Located 1.4 miles from the beach. 90 linear feet of deep water frontage, no fixed bridges, 10 minutes to Boca Inlet. You may bike or walk to Mizner Park, Downtown Boca, movies, restaurants, shops and much more. This home is perfect for your home on the water. Tastefully renovated and decorated in 2010 this 3 bedrooms(was 4 and can be easily be redone to 4 BR) 2.5 bathrooms pool house sits on a quiet street near A rated schools. Whether you are inspired by cooking in an open kitchen or by sipping a glass of wine by the water you may have found your sanctuary. Lot size 90 x 105 feet.
Many homes in the same street are being demolished to build 5.2 to 5.5 million dollars new homes.

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,222

Year Built

  • Built in 1969

Lot Details

  • Lot Dimensions are 90x105
  • Home fronts a canal
  • South Facing Home
  • Fenced
  • Sprinkler System

HOA Fees

  • $16 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 2,390 Sq Ft Home
  • Property has 1 Level
  • Furniture for Sale
  • Furniture Can Be Negotiated
  • Ceiling Fan
  • Pool Views

Kitchen

  • Built-In Self-Cleaning Oven
  • Electric Range
  • Free-Standing Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Soaking Tub in Primary Bathroom
  • Bathtub

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Security Fence, Lighting or Alarms

Pool

Outdoor Features

  • Patio

Schools

  • Boca Raton Elementary School
  • Boca Raton Community Middle School
  • Boca Raton Community High School

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power
  • Electric Water Heater
  • Water Softener is Owned
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06434720320040090

Community Details

Overview

  • Golden Harbour Sec 03 Subdivision
  • Mandatory home owners association

Recreation

  • Community Pool
  • Community Whirlpool Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,222

Year Built

Built in 1969

Lot Details

0 Sq Ft Lot

HOA Fees

$16 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1969
  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Directions: From Palmetto Park Rd and NE 5th Ave, go north on 5th ave to Phillips dr and make a right to get to 581
  • Garage Yn: Yes
  • Horses: No
  • Unit Levels: 1
  • Lot Size: 90x105
  • New Construction: No
  • Building Stories: 1
  • Structure Type: House
  • Subdivision Name: Golden Harbour Sec 03
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Pending
  • CurrentPrice: 1380000
  • ShowingTimeFlag: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Disposal, Dryer, Free-Standing Freezer, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer, Water Softener Owned
  • Interior Amenities: No Interior Features, Other
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Other
  • Furnished: Furniture For Sale, Furniture Negotiable
  • Living Area: 2390
  • Spa Features: Community, Bath
  • Stories: 1
  • Bedroom Features: Primary Bath Tub
  • Living Room Features: Other
  • Master Bathroom Features: Tub Only

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Pool
  • Construction Type: Concrete Block Construction, Frame, Frame With Stucco, Stucco
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: Fenced, Sidewalk
  • Other Structures: Livable
  • Patio And Porch Features: Patio
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Canal Front, Canal
  • Waterfront: Yes

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned, Parking Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: At Site, Public Sewer, Other, Public Sanitation, Sewer
  • Water Source: Public
  • Green Building Features: Lawn Sprinkler-Well Water, Sidewalk
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Electric: 3 Phase Electric
  • Electricity On Property: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Owned Burglar Alarm, Burglar Alarm, Security System, Unit Alarm
  • Utilities: Cable Connected, Sewer Connected, Water Connected, Cable Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association Fee: 16
  • Amenities: Private Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Mandatory Hoa, Spa/Hot Tub, Street Lights, Whirlpool

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: Boca Raton
  • High School: Boca Raton Community
  • Middle Or Junior School: Boca Raton Community

Lot Info

  • Parcel Number: 06434720320040090
  • Zoning: Residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 12222

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2024
Sold by
Spinner Real Estate Holdings Llc
Bought by
Current Estimated Value
$7,433,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,183,737
Outstanding Balance
$4,093,262
Interest Rate
6.09%
Mortgage Type
FHA
Estimated Equity
$3,340,187

Purchase Details

Closed on
Apr 5, 2021
Sold by
581 Phillips Drive Holdings Llc
Bought by
Spinner Real Estate Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,256,500
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 5, 2019
Closed on
May 28, 2019
Sold by
Betancur Alvaro L and Alvaro L Betancur Revocable Tr
Bought by
581 Phillips Drive Holdings Llc
List Price
$1,850,000
Sold Price
$1,380,000
Premium/Discount to List
-$470,000
-25.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.90%

Purchase Details

Closed on
Aug 16, 2018
Sold by
Betancur Alvaro L
Bought by
Betancur Alvaaro L and The Alvaro L Batancur Revocable Trust

Purchase Details

Closed on
Dec 14, 1995
Sold by
Iazzo Anthony N and Iazzo Deborah E
Bought by
Betancur Alvaro L
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Quaker Title & Escrow
Spinner Real Estate Holdings Llc $1,795,000 Attorney
581 Phillips Drive Holdings Llc $1,380,000 Attorney
Betancur Alvaaro L -- Attorney
Betancur Alvaro L $339,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $4,183,737
Previous Owner Spinner Real Estate Holdings Llc $1,256,500
Previous Owner Batancur Alvaro $200,000
Previous Owner Betancur Alvaro $100,000
Previous Owner Betancur Alvaro L $701,250
Previous Owner Betancur Alvaro $40,000
Previous Owner Betancur Alvaro L $560,000
Previous Owner Betancur Alvaro L $120,000
Previous Owner Betancur Alvaro $20,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/03/2019 06/03/19 Sold $1,380,000 -25.4% $577 / Sq Ft
05/04/2019 05/04/19 Pending -- -- --
03/05/2019 03/05/19 For Sale $1,850,000 -- $774 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $38,356 $7,204,431
2024 $38,356 $2,019,149
2023 $35,634 $1,835,590 $2,472,525 $3,602
2022 $29,303 $1,668,718 $0 $0
2021 $24,662 $1,347,924 $1,312,500 $35,424
2020 $22,496 $1,228,166 $1,180,000 $48,166
2019 $13,644 $757,363 $0 $0
2018 $12,783 $743,241 $0 $0
2017 $12,701 $727,954 $0 $0
2016 $12,732 $712,981 $0 $0
2015 $13,067 $708,025 $0 $0
2014 $13,120 $702,406 $0 $0
Source: Public Records

Map

Source: MIAMI REALTORS® MLS

MLS Number: R10510222

MIAMI REALTORS® MLS

APN: 06-43-47-20-32-004-0090

Florida Palm Beach County Boca Raton 33432

581 Phillips Dr, 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.

MIAMI REALTORS® MLS 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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