NOT LISTED FOR SALE

6 Royal Palm Way Unit 307 Boca Raton, FL 33432

Estimated Value: $284,000 - $311,000

1 Bed
1 Bath
795 Sq Ft
$372/Sq Ft Est. Value

Last Sold July 20, 2023

Last sale price $286,000 $360 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,403/month

About This Home

As of July 2023

Beautiful lagoon water views! Move in ready. Resort Style Living in this gated waterfront boating community. Perfect for investor. FABULOUS tenants are already in place. They would LOVE TO STAY! Current lease ends Sept. 14, 2023. Open floor plan with UPDATED kitchen open to dining and living room. Fabulous opportunity, immediate income, newly renovated condo with beautiful canal and lagoon views. New kitchen features wood cabinets and SS appliances. Updated bath w/ new floors and vanity. This one won't last. Perfect location in SE Boca close to everything. Community offers 5 heated pools, 2 lighted tennis courts, bocce ball, and more. Maintenance fee includes, water/sewer, cable w/HBOs, Hot water, building insurance, lawn/shrub care and FULL Reserves. Close to beaches, shopping and more.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2022
Closed on
Jul 20, 2023
Sold by
Chaney Christopher A
Bought by
Waters Kelleigh M
Seller's Agent
Lynn Johnsen
RE/MAX Services
Buyer's Agent
Karen Baker Boca Raton FL
Compass Florida LLC
List Price
$299,900
Sold Price
$286,000
Premium/Discount to List
-$13,900
-4.63%
Views
91
Current Estimated Value
$295,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,933
Avg. Annual Appreciation
1.58%
Original Mortgage
$214,500
Outstanding Balance
$209,733
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$86,200

Purchase Details

Closed on
May 10, 2013
Sold by
Chaney Industries Llc
Bought by
Chaney Christopher A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,200
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2006
Sold by
Chaney Christopher Alan
Bought by
Chaney Industries Llc

Purchase Details

Closed on
Nov 18, 2005
Sold by
Gihon Robert J
Bought by
Chaney Christopher A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,200
Interest Rate
5.9%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 16, 2005
Sold by
Rothband Mathew
Bought by
Gihon Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,250
Interest Rate
5.57%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 31, 1994
Sold by
Roberts Mary
Bought by
Rothband Marthew
Source: Public Records

Range of Values:

Collateral Analytics

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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
Waters Kelleigh M $286,000 Corporate Title
Chaney Christopher A -- First American Title Ins Co
Chaney Industries Llc -- None Available
Chaney Christopher A $243,000 --
Gihon Robert J $182,500 Superior Title & Guaranty Co
Rothband Marthew $46,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waters Kelleigh M $214,500
Previous Owner Chaney Christopher A $144,200
Previous Owner Chaney Christopher A $155,200
Previous Owner Gihon Robert J $164,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2023 07/20/23 Sold $286,000 -4.0% $360 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
01/24/2023 01/24/23 Price Changed $298,000 -0.3% $375 / Sq Ft
11/15/2022 11/15/22 Price Changed $299,000 -0.3% $376 / Sq Ft
11/01/2022 11/01/22 For Sale $299,900 0.0% $377 / Sq Ft
08/13/2020 08/13/20 Rented $1,400 0.0% --
07/14/2020 07/14/20 Under Contract -- -- --
06/22/2020 06/22/20 For Rent $1,400 +3.7% --
07/15/2018 07/15/18 Rented $1,350 0.0% --
06/15/2018 06/15/18 Under Contract -- -- --
06/02/2018 06/02/18 For Rent $1,350 +12.5% --
12/31/2014 12/31/14 For Rent $1,200 -7.7% --
12/31/2014 12/31/14 Rented $1,300 -- --

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 $4,090 $225,000 -- --
2023 $3,270 $151,734 $0 $0
2022 $2,967 $137,940 $0 $0
2021 $2,516 $127,000 $0 $127,000
2020 $2,299 $114,000 $0 $114,000
2019 $2,324 $112,000 $0 $112,000
2018 $2,310 $117,000 $0 $117,000
2017 $2,148 $107,000 $0 $0
2016 $2,039 $96,800 $0 $0
2015 $1,908 $88,000 $0 $0
2014 $1,739 $80,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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