NOT LISTED FOR SALE

7 Royal Palm Way Unit 606 Boca Raton, FL 33432

Estimated Value: $248,062 - $290,000

1 Bed
1 Bath
795 Sq Ft
8.22 Acres

Last Sold June 15, 2017

Last sale price $155,000 $195 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,748/month

Highlights

  • Boat Ramp
  • Property has ocean access
  • Gated with Attendant
  • Boca Raton Community Middle School Rated A-
  • Property fronts an intracoastal waterway
  • Screened Porch

About This Home

As of December 2020

Totally updated 1 bedroom (plus a small office next to kitchen)1 bath condo in one of the desirable building #7. New updated floors through out, kitchen, bathroom, appliances. ready to move in.All impact windows and sliding door. Boca Bayou is a 24 hour man gated community that has pool, tennis and only minutes to the beach, restaurants and shopping.

Last Agent to Rent the Property

Bey Atmaca

Universal Realty Associates License #3097627 Listed on: 10/04/2020

Last Renter's Agent

Shannon Maher-Sykora

Compass Florida LLC License #3475845

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,697

Year Built

  • Built in 1976

Lot Details

  • Property fronts an intracoastal waterway
  • Sprinkler System

Interior Spaces

  • 795 Sq Ft Home
  • Screened Porch
  • Ceramic Tile Flooring
  • Intracoastal Views
  • Laundry Room

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Property has ocean access
  • Fixed Bridges
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Municipal Trash

Listing and Financial Details

  • Property Available on 10/4/20
  • Assessor Parcel Number 06434731060076060

Community Details

Amenities

  • Laundry Facilities
  • Community Storage Space

Recreation

  • Boat Ramp
  • Boating
  • Tennis Courts
  • Community Pool
  • Trails

Additional Features

  • Boca Bayou Subdivision
  • Gated with Attendant

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,697

Year Built

Built in 1976

Lot Details

0

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2020-10-04

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Boca Bayou is located off of 18th Street between Federal highway and Dixie .
  • Year Built: 1976
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Microwave
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Tile
  • Living Area: 795.0
  • Dining Room Type: Laundry

Exterior Features

  • Exterior Features: Balcony
  • View: Intercoastal
  • Lot Features: Sprinklers Automatic
  • Pool Features: None, Association, Community
  • Waterfront Features: Fixed Bridge, Intracoastal Access, Ocean Access
  • Waterfront: Yes
  • Patio And Porch Features: Balcony, Screened

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Security: Gated with Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Boat Facilities, Gated, Pool, Street Lights, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Laundry, Pool, Storage, Tennis Court(s), Trail(s), Trash
  • Pets Allowed: No

Lot Info

  • Parcel #: 06434731060076060

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2017
Closed on
Jun 15, 2017
Sold by
Williams Karen D and Williams Joann F
Bought by
Sipahi Sitki
Seller's Agent
Cindy Bittner
Douglas Elliman
Buyer's Agent
Bey Atmaca
Universal Realty Associates
List Price
$189,000
Sold Price
$155,000
Premium/Discount to List
-$34,000
-17.99%
Current Estimated Value
$270,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,516
Avg. Annual Appreciation
6.93%
Original Mortgage
$55,000
Outstanding Balance
$45,749
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$224,767

Purchase Details

Closed on
Jul 22, 2003
Sold by
Williams Joann Fosson
Bought by
Williams Joann Fosson and Williams Karen Diane

Purchase Details

Closed on
Oct 10, 1997
Sold by
Thomson Helen T
Bought by
Williams Joann F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,800
Interest Rate
7.6%
Mortgage Type
New Conventional
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
Sipahi Sitki $155,000 Florida Title & Guarntee Ag
Williams Joann Fosson -- Cross Country Title Inc
Williams Joann F $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sipahi Sitki $55,000
Previous Owner Williams Joann F $44,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2020 12/01/20 Rented $1,550 0.0% --
11/01/2020 11/01/20 Under Contract -- -- --
10/04/2020 10/04/20 For Rent $1,550 0.0% --
06/15/2017 06/15/17 Sold $155,000 -18.0% $195 / Sq Ft View Prior Sale
05/16/2017 05/16/17 Pending -- -- --
01/23/2017 01/23/17 For Sale $189,000 -- $238 / 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 $3,697 $182,347 -- --
2023 $3,485 $165,770 $0 $0
2022 $3,173 $150,700 $0 $0
2021 $2,715 $137,000 $0 $137,000
2020 $1,752 $124,000 $0 $124,000
2019 $1,760 $122,000 $0 $122,000
2018 $1,764 $127,000 $0 $127,000
2017 $914 $78,894 $0 $0
2016 $884 $77,271 $0 $0
2015 $883 $76,734 $0 $0
2014 $882 $76,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10660530

BeachesMLS

APN: 06-43-47-31-06-007-6060