NOT LISTED FOR SALE

7 Royal Palm Way Unit 308 Boca Raton, FL 33432

Estimated Value: $356,669 - $398,000

2 Beds
2 Baths
1,230 Sq Ft
$382/mo HOA Fee

Last Sold July 17, 2012

Last sale price $180,000 $146 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $2,623/month

383 Days on Market

Highlights

  • Boat Ramp
  • Property has ocean access
  • Fitness Center
  • Boca Raton Community Middle School Rated A-
  • Home fronts navigable water
  • River View

About This Home

As of July 2012

OCEAN ACCESS ./BEST RIVER VIEW

Last Agent to Sell the Property

Minola Goodwin

Goodwin Properties of Palm Beach License #336849 Listed on: 05/30/2011

Last Buyer's Agent

Lorri Scholtes

Champagne & Parisi Real Estate License #3147913

Champagne & Parisi Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,765

Year Built

  • Built in 1979

Lot Details

  • Home fronts navigable water
  • River Front
  • East Facing Home

HOA Fees

  • $382 Monthly HOA Fees

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 1,230 Sq Ft Home
  • Built-In Features
  • Double Hung Metal Windows
  • Blinds
  • Ceramic Tile Flooring
  • River Views

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Stacked Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Property has ocean access
  • Fixed Bridges
  • Seawall
  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • The lake is a source of water for the property
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06434731060073080

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, ground maintenance, maintenance structure, parking, pool(s), roof, security, trash
  • 721 Units
  • Boca Bayou Subdivision, Granada Floorplan
  • 6-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Game Room
  • Billiard Room
  • Community Library
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Boat Ramp
  • Boating
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Putting Green
  • Park

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,765

Year Built

Built in 1979

Lot Details

0

HOA Fees

$382 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: S.E. 18TH STREET (ROYAL PALM WAY) BETWEEN DIXIE AND FEDERAL HWY
  • Year Built: 1979
  • Architectural Style: Mediterranean
  • Special Features: None

Interior Features

  • Interior Amenities: Built-in Features, Kitchen Island, Stacked Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 1230.0
  • Dining Room Type: Storage Room
  • Stories: 6
  • Window Features: Blinds, Double Hung, Metal

Exterior Features

  • Exterior Features: Patio
  • View: River, Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Dock Access, Fixed Bridge, Navigable Water, Ocean Access, River Front, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: Assigned, Guest

Utilities

  • Laundry Features: Common Area
  • Security: Smoke Detector(s)
  • Green Building Features: Exterior Lighting
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Lake, Public

Condo/Co-op/Association

  • Association Fee: 382.0
  • Community Features: Boat Facilities, Clubhouse, Fitness Center, Game Room, Park, Property Manager On-Site, Pool, Sauna, Tennis Court(s)
  • Senior Community: No
  • Amenities: Billiard Room, Clubhouse, Fitness Center, Laundry, Library, Management, Pool, Putting Green(s), Sauna, Storage, Tennis Court(s), Trash
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional, No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Pool(s), Roof, Security, Trash

Lot Info

  • Parcel #: 06434731060073080
  • Zoning Description: RESIDENT

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 1765.0

Multi Family

  • Number Of Units In Community: 721

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2011
Closed on
Jul 9, 2012
Sold by
Buckley Thomas G and Buckley Doris M
Bought by
Murphy Alexandra Lee
Seller's Agent
Minola Goodwin
Goodwin Properties of Palm Beach
Buyer's Agent
Lorri Scholtes
Champagne & Parisi Real Estate
List Price
$22,500,000
Sold Price
$180,000
Premium/Discount to List
-$22,320,000
-99.2%
Current Estimated Value
$386,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,417
Avg. Annual Appreciation
5.95%
Original Mortgage
$120,000
Outstanding Balance
$83,030
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$303,387

Purchase Details

Closed on
Jun 25, 2003
Sold by
Elliott Saymour D and Elliot Doris G
Bought by
Buckley Thomas G
Source: Public Records

Range of Values:

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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
Murphy Alexandra Lee $180,000 Blade Title Company
Buckley Thomas G $173,000 Integrity First Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Alexandra Lee $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2012 07/17/12 Sold $180,000 -99.2% $146 / Sq Ft
06/17/2012 06/17/12 Pending -- -- --
05/30/2011 05/30/11 For Sale $22,500,000 -- $18,293 / 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 $2,313 $161,270 -- --
2023 $2,248 $156,573 $0 $0
2022 $2,209 $152,013 $0 $0
2021 $2,175 $147,585 $0 $0
2020 $2,141 $145,547 $0 $0
2019 $2,137 $142,275 $0 $0
2018 $1,989 $139,622 $0 $0
2017 $1,958 $136,750 $0 $0
2016 $1,934 $133,937 $0 $0
2015 $1,962 $133,006 $0 $0
2014 $1,966 $131,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Minola Goodwin

    Goodwin Properties of Palm Beach

  • Lorri Scholtes

    Buyer's Agent in 2012

    Lorri Scholtes

    Champagne & Parisi Real Estate

    (954) 655-8500

    55 Total Sales

    Lorri Scholtes
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Map

Source: BeachesMLS

MLS Number: R3200694

BeachesMLS

APN: 06-43-47-31-06-007-3080

Florida Palm Beach County Boca Raton 33432

7 Royal Palm Way Unit 308, Boca Raton, FL

This home is located at 7 Royal Palm Way Unit 308, Boca Raton, FL 33432 since 30 May 2011 and is currently estimated at $386,417, approximately $314 per square foot. This property was built in 1979. 7 Royal Palm Way Unit 308 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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