$1,800,000
SOLD APR 1, 2021

7391 NE Bay Cove Ct Boca Raton, FL 33487

4 Beds
3 Baths
3,698 Sq Ft
0.28 Acres

Recently Sold

$487 Per Sq Ft

5% Below List Price

25 Days on Market

Highlights

  • Private Pool
  • Waterfront
  • Marble Flooring
  • Boca Raton Community Middle School Rated A-
  • Canal Access
  • Den

About This Home

As of June 2024

This property is all about the location and beautifully designed floor plan! This home is situated on a pie shaped corner lot amongst multi million dollar waterfront homes in the prestigious area of Boca Bay Colony. This is an incredible opportunity to live on 155' of water frontage directly facing the turn basin for expanded water views and maneuverability of a large boat to begin your coastal living lifestyle. Featuring four bedrooms, three full baths, updated large island kitchen, dining room, family room, and office with built in cabinetry, full sized laundry room, and endless storage at every turn. This single level floor plan provides spacious central living areas with each bedroom located in the four corners of the home for added privacy. The huge en-suite master bedroom features

Last Agent to Sell the Property

Theresa Larsen

William Raveis Real Estate License #3252943 Listed on: 02/04/2021

William Raveis Real Estate

Last Buyer's Agent

Valerieanne Martinetti

The Keyes Company License #577174

The Keyes Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,291

Year Built

  • Built in 1973

Lot Details

  • 0.28 Acre Lot
  • Waterfront
  • Property is zoned R1B(ci

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 3,698 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Family Room
  • Den

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Private Pool
  • No Fixed Bridges
  • Canal Access
  • Seawall

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Boca Bay Colony Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06434632170020230

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,291

Year Built

Built in 1973

Lot Details

0

HOA Fees

$63 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: FEDERAL HIGHWAY NORTH TO NE 74TH STREET.RIGHT TO NE 8TH AVE. LEFT TO NE BAY COVE STREET.LEFT TO NE BAY COVE CT.
  • Year Built: 1973
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Dual Sinks, Pantry, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Marble, Wood
  • Living Area: 3698.0
  • Dining Room Type: Den, Family Room
  • Stories: 1

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: Canal Access, No Fixed Bridges, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes

Utilities

  • Laundry Features: Laundry Tub
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 63.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 06434632170020230
  • Lot Size: 1/4 to 1/2 Acre
  • Lot Size Sq Ft: 12314.0
  • Zoning Description: R1B(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 11291.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2022
Closed on
Jun 20, 2024
Sold by
Badali Vincent J and Badali Regina A
Bought by
7391 Bay Cove Llc
Seller's Agent
Valerieanne Martinetti
The Keyes Company
Buyer's Agent
Judy Rebecca
LoKation
List Price
$8,500,000
Sold Price
$5,600,000
Premium/Discount to List
-$2,900,000
-34.12%
Views
204
Current Estimated Value
$6,074,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$474,604
Avg. Annual Appreciation
7.75%

Purchase Details

Listed on
Feb 4, 2021
Closed on
Apr 1, 2021
Sold by
Peel Thomas A and Peel Michele K
Bought by
Badali Vincent and Badali Regina
Seller's Agent
Theresa Larsen
William Raveis Real Estate
Buyer's Agent
Valerieanne Martinetti
The Keyes Company
List Price
$1,895,000
Sold Price
$1,800,000
Premium/Discount to List
-$95,000
-5.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.26%
Original Mortgage
$1,200,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 1998
Sold by
Laughlin William H and Laughlin Helen A
Bought by
Peel Thomas A and Peel Michele K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6.96%
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 Type Sale Price Title Company
Warranty Deed $5,600,000 Secure Title Services
Warranty Deed $1,800,000 Attorney
Warranty Deed $390,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,100,000 New Conventional
Previous Owner $2,000,000 Credit Line Revolving
Previous Owner $1,200,000 New Conventional
Previous Owner $500,000 Credit Line Revolving
Previous Owner $50,000 Credit Line Revolving
Previous Owner $263,673 Unknown
Previous Owner $290,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2024 06/20/24 Sold $5,600,000 -13.8% $849 / Sq Ft
06/10/2024 06/10/24 Pending -- -- --
05/31/2024 05/31/24 Price Changed $6,500,000 -15.6% $985 / Sq Ft
05/09/2024 05/09/24 Price Changed $7,700,000 -2.5% $1,167 / Sq Ft
12/04/2023 12/04/23 Price Changed $7,900,000 -2.5% $1,197 / Sq Ft
10/10/2023 10/10/23 Price Changed $8,100,000 -4.7% $1,228 / Sq Ft
06/16/2022 06/16/22 For Sale $8,500,000 +372.2% $1,288 / Sq Ft
04/01/2021 04/01/21 Sold $1,800,000 -5.0% $487 / Sq Ft
03/02/2021 03/02/21 Pending -- -- --
02/04/2021 02/04/21 For Sale $1,895,000 -- $512 / 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 $106,466 $6,113,252 -- --
2023 $29,735 $1,612,718 $1,923,600 $8,229
2022 $25,745 $1,466,107 $0 $0
2021 $11,455 $656,987 $0 $0
2020 $11,290 $647,916 $0 $0
2019 $11,340 $633,349 $0 $0
2018 $10,622 $621,540 $0 $0
2017 $10,550 $608,756 $0 $0
2016 $10,570 $596,235 $0 $0
2015 $10,843 $592,090 $0 $0
2014 $10,886 $587,391 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Buyer's Agent in 2024

    Judy Rebecca

    LoKation

    (561) 246-0160

    4 Total Sales

    Judy Rebecca
    Section Image

  • T

    Seller's Agent in 2021

    Theresa Larsen

    William Raveis Real Estate

    (561) 289-4462

    48 Total Sales

    Theresa Larsen
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10690126

BeachesMLS

APN: 06-43-46-32-17-002-0230

Florida Palm Beach County Boca Raton 33487

7391 NE Bay Cove Ct, Boca Raton, FL

This home is located at 7391 NE Bay Cove Ct, Boca Raton, FL 33487 and is currently priced at $1,800,000, approximately $486 per square foot. This property was built in 1973. 7391 NE Bay Cove Ct 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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