NOT LISTED FOR SALE

7181 NE 8th Dr Boca Raton, FL 33487

Estimated Value: $4,377,000 - $4,521,000

6 Beds
4 Baths
4,518 Sq Ft
$988/Sq Ft Est. Value

Last Sold November 20, 2012

Last sale price $850,000 $188 Per Sq Ft

Est. 425% increase in value since last sale

Current estimated payment $26,112/month

285 Days on Market

Highlights

  • 92 Feet of Waterfront
  • Property has ocean access
  • Canal View
  • Boca Raton Community Middle School Rated A-
  • Private Pool
  • Vaulted Ceiling

About This Home

As of November 2012

MODERN OPEN HOME ON OVERSIZED WATERFRONT LOT ON PRESTIGEOUS INTRACOASTAL ISLAND WITH SWEEPING STAIRCASE, MARBLE FLOORS, GRANITE COUNTERS, WATERFALL POOL W SPA. 92' PROTECTED DEEPWATER DOCK! 25' VOL CEILINGS, FLOOR-CEILING GLASS DOORS.SEE ADDENDA!! Fireplace, Newer Roof, 250 Gallon Propane Tank, 2 Newer A/C Compressors, Home & Pool Built on Pilings!

Last Agent to Sell the Property

Ari Albinder

The Keyes Company License #607019 Listed on: 01/09/2012

The Keyes Company

Co-Listed By

Susan Dolan

The Keyes Company License #580527

Last Buyer's Agent

Amir Baron

New Home Center 1 License #0628031

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,370

Year Built

  • Built in 1993

Lot Details

  • 92 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • Sprinkler System
  • Property is zoned R1c

Parking

  • 2 Car Attached Garage

Property Views

  • Canal
  • Pool

Home Design

  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 4,518 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Furnished or left unfurnished upon request
  • Bar
  • Vaulted Ceiling
  • Fireplace
  • Entrance Foyer
  • Family Room
  • Loft
  • Marble Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • Stacked Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Roman Tub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Property has ocean access
  • No Fixed Bridges
  • Canal Access
  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Boca Harbour Island Subdivision, Rebuilt In '95 Floorplan

Listing and Financial Details

  • Assessor Parcel Number 06434633030120070

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,370

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Fed Hwy North of Yamato to 70th go E 1 blk, quick rt and quick left to Is
  • Year Built: 1993
  • Special Features: 12

Interior Features

  • Interior Amenities: Wet Bar, Entrance Foyer, Fireplace, Garden Tub/Roman Tub, Pantry, Split Bedrooms, Stacked Bedrooms, Vaulted Ceiling(s), Bar, Walk-In Closet(s), Loft
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Flooring: Marble
  • Living Area: 4518.0
  • Dining Room Type: Family Room, Loft
  • Stories: 2

Exterior Features

  • Exterior Features: Patio
  • View: Canal, Pool
  • Road Frontage Type: Waterfront
  • Lot Features: Sprinklers Automatic
  • Pool Features: Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Canal Access, Intracoastal Access, No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Construction Type: Other
  • Patio And Porch Features: Patio
  • Roof: Spanish Tile, Tile

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 06434633030120070
  • Zoning Description: R1c

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 15370.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2012
Closed on
Nov 20, 2012
Sold by
Coleman Bernard R
Bought by
Arena Salvatore
Seller's Agent
Ari Albinder
The Keyes Company
Buyer's Agent
Amir Baron
New Home Center 1
List Price
$1,295,000
Sold Price
$850,000
Premium/Discount to List
-$445,000
-34.36%
Current Estimated Value
$4,463,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,613,381
Avg. Annual Appreciation
14.02%

Purchase Details

Closed on
Nov 20, 1997
Sold by
Mcteague Michael H and Mcteague Jennifer A
Bought by
Coleman Bernard R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
7.27%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Arena Salvatore $850,000 Attorney
Coleman Bernard R $660,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coleman Bernard R $600,000
Previous Owner Coleman Bernard R $528,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2012 11/20/12 Sold $850,000 -34.4% $188 / Sq Ft
10/21/2012 10/21/12 Pending -- -- --
01/09/2012 01/09/12 For Sale $1,295,000 -- $287 / 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 $29,373 $1,746,710 -- --
2023 $28,747 $1,695,835 $0 $0
2022 $28,536 $1,646,442 $0 $0
2021 $28,456 $1,598,487 $0 $0
2020 $28,057 $1,576,417 $848,000 $728,417
2019 $28,645 $1,564,581 $0 $0
2018 $26,848 $1,535,408 $799,486 $735,922
2017 $26,730 $1,505,340 $0 $0
2016 $26,836 $1,474,378 $0 $0
2015 $24,166 $1,183,907 $0 $0
2014 $21,162 $1,076,279 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2012

    Ari Albinder

    The Keyes Company

    (561) 702-0413

    51 Total Sales

    Ari Albinder
    Section Image
  • Susan Dolan

    Seller Co-Listing Agent in 2012

    Susan Dolan

    The Keyes Company

    (954) 895-0366

    20 Total Sales

    Susan Dolan
    Section Image

  • A

    Buyer's Agent in 2012

    Amir Baron

    New Home Center 1

See All Agents

Map

Source: BeachesMLS

MLS Number: R3250926

BeachesMLS

APN: 06-43-46-33-03-012-0070

Florida Palm Beach County Boca Raton 33487

7181 NE 8th Dr, Boca Raton, FL

This home is located at 7181 NE 8th Dr, Boca Raton, FL 33487 since 09 January 2012 and is currently estimated at $4,463,381, approximately $987 per square foot. This property was built in 1993. 7181 NE 8th Dr is a home located in Palm Beach County with nearby schools including J. C. Mitchell 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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