NOT LISTED FOR SALE

7 Royal Palm Way Unit 407 Boca Raton, FL 33432

Estimated Value: $314,247 - $421,000

2 Beds
2 Baths
1,010 Sq Ft
$536/mo HOA Fee

Last Sold October 25, 2019

Last sale price $256,000 $253 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,830/month

120 Days on Market

Highlights

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

About This Home

As of October 2019

Water, water everywhere! Spectacular water views the moment you enter this beautifully updated 2/2 condo. Split bedrooms. New A/C May 2019. Porcelain tile throughout. Master bedroom features a spacious walk in closet. Impact windows in bedrooms. Screened patio overlooking the wide Hillsboro Canal and Marina. Enjoy a boat parade everyday! Boca Bayou is a waterfront boating community with a manned gated entrance, 5 swimming pools, tennis courts and exercise rooms and Saunas. Close to shopping, restaurants and beaches. Maintenance fee includes, water/sewer, cable w/HBOs, Hot water, building insurance, lawn/shrub care, recreational amenities. Dockage is available. No pets/trucks/motorcycles allowed.

Last Agent to Sell the Property

Lynn Johnsen

RE/MAX Services License #60576611 Listed on: 05/27/2019

RE/MAX Services

Last Buyer's Agent

Daniel Gagnon, PA

RE/MAX Select Group License #3288238

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,932

Year Built

  • Built in 1979

Lot Details

  • Home fronts navigable water
  • Sprinkler System

HOA Fees

  • $536 Monthly HOA Fees

Property Views

  • River
  • Canal
  • Pool

Interior Spaces

  • 1,010 Sq Ft Home
  • Blinds
  • Combination Dining and Living Room
  • Screened Porch
  • Ceramic Tile Flooring

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Home Security

Parking

  • Parking Pad
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Property has ocean access
  • Canal Access
  • Seawall
  • Balcony
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Cable TV Available
  • TV Antenna

Listing and Financial Details

  • Assessor Parcel Number 06434731060074070

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, laundry, ground maintenance, maintenance structure, pool(s), sewer, security, water
  • 721 Units
  • High-Rise Condominium
  • Boca Bayou Subdivision
  • 6-Story Property

Amenities

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

Recreation

  • Tennis Courts
  • Bocce Ball Court
  • Shuffleboard Court
  • Fitness Center
  • Community Pool

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,932

Year Built

Built in 1979

Lot Details

0

HOA Fees

$536 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Federal Highway south of Camino Real to SW 18th St/Royal Palm Way. Turn west. Entrance on south side. After guard gate follow around to right. 1st stop sign turn left. Building ahead. Park# 192
  • Year Built: 1979
  • Architectural Style: High Rise
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Living/Dining Room, Split Bedrooms, Walk-In Closet(s)
  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 1010.0
  • Dining Room Type: Storage Room
  • Stories: 6
  • Window Features: Blinds, Impact Glass

Exterior Features

  • Exterior Features: Balcony, Outdoor Grill, TV Antenna
  • View: Canal, Pool, River
  • Lot Features: Sprinklers Automatic
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Canal Access, Navigable Water, Ocean Access, Seawall
  • Waterfront: Yes
  • Disclosures: Seller Disclosure
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Screened
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest, Parking Pad

Utilities

  • Laundry Features: Common Area
  • Security: Gated with Guard, Security Guard
  • 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

  • Association Fee: 536.0
  • Community Features: Clubhouse, Property Manager On-Site, Pool, Sauna, Shuffleboard, Street Lights, Tennis Court(s)
  • Senior Community: No
  • Amenities: Billiard Room, Clubhouse, Fitness Center, Laundry, Library, Management, Pool, Shuffleboard Court, Sauna, Storage, Tennis Court(s), Bocce Court, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Laundry, Maintenance Grounds, Maintenance Structure, Pool(s), Sewer, Security, Water

Lot Info

  • Parcel #: 06434731060074070
  • Zoning Description: res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2932.0

Multi Family

  • Number Of Units In Community: 721

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2019
Closed on
Oct 25, 2019
Sold by
Bergeron Rosemary A and Loftus William C
Bought by
Forrester Mandy F
Seller's Agent
Lynn Johnsen
RE/MAX Services
Buyer's Agent
Daniel Gagnon, PA
RE/MAX Select Group
List Price
$269,900
Sold Price
$256,000
Premium/Discount to List
-$13,900
-5.15%
Current Estimated Value
$366,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,062
Avg. Annual Appreciation
6.19%
Original Mortgage
$243,200
Outstanding Balance
$213,525
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$152,537

Purchase Details

Closed on
May 27, 2011
Sold by
Loftus Florence J
Bought by
Bergeron Rosemary A

Purchase Details

Closed on
Nov 25, 2008
Sold by
Loftus Thomas P and Loftus Florence J
Bought by
Loftus Florence J

Purchase Details

Closed on
Nov 24, 2008
Sold by
Bergeron Rosemary A and Loftus William C
Bought by
Loftus Thomas P

Purchase Details

Closed on
Sep 11, 2008
Sold by
Loftus Thomas P and Loftus Florence J
Bought by
Bergeron Rosemary A
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 Buyer Sale Price Title Company
Forrester Mandy F $256,000 Corporate Title Inc
Bergeron Rosemary A -- Attorney
Loftus Florence J -- Attorney
Loftus Thomas P -- Attorney
Bergeron Rosemary A -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forrester Mandy F $243,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2019 10/25/19 Sold $256,000 -5.2% $253 / Sq Ft
09/25/2019 09/25/19 Pending -- -- --
05/27/2019 05/27/19 For Sale $269,900 -- $267 / 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 $4,230 $273,980 -- --
2023 $4,126 $266,000 $0 $266,000
2022 $3,615 $170,500 $0 $0
2021 $3,040 $155,000 $0 $155,000
2020 $3,039 $155,000 $0 $155,000
2019 $3,123 $155,000 $0 $155,000
2018 $2,932 $152,000 $0 $152,000
2017 $2,984 $153,000 $0 $0
2016 $3,016 $151,250 $0 $0
2015 $2,876 $137,500 $0 $0
2014 $2,613 $125,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lynn Johnsen

    Seller's Agent in 2019

    Lynn Johnsen

    RE/MAX

    (561) 239-1900

    79 Total Sales

    Lynn Johnsen
    Section Image
  • Daniel Gagnon, PA

    Buyer's Agent in 2019

    Daniel Gagnon, PA

    RE/MAX

    (561) 774-2790

    25 Total Sales

    Daniel Gagnon, PA
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10533759

BeachesMLS

APN: 06-43-47-31-06-007-4070

Florida Palm Beach County Boca Raton 33432

7 Royal Palm Way Unit 407, Boca Raton, FL

This home is located at 7 Royal Palm Way Unit 407, Boca Raton, FL 33432 since 27 May 2019 and is currently estimated at $366,062, approximately $362 per square foot. This property was built in 1979. 7 Royal Palm Way Unit 407 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.

Nearby Homes