NOT LISTED FOR SALE

7750 NE Palm Way Boca Raton, FL 33487

Estimated Value: $2,464,939 - $2,935,000

4 Beds
4 Baths
4,541 Sq Ft
$592/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $1,750,000 $385 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $17,128/month

25 Days on Market

Highlights

  • Free Form Pool
  • Deck
  • Jettted Tub and Separate Shower in Primary Bathroom
  • Boca Raton Community Middle School Rated A-
  • Marble Flooring
  • Attic

About This Home

As of March 2021

Morningside is one of the most prestigious neighborhoods east of Federal with one entrance in and out and underground utilities, sidewalks and gorgeous palm trees. This sprawling .44 of an acre estate has a brand new tile roof and gutters, impact windows and doors, gourmet kitchen, wood burning fireplace, resort style pool and spa and incredible backyard area with south east exposure. ABSOLUTE SHOWPLACE!!

Last Agent to Sell the Property

Ari Albinder

The Keyes Company License #607019 Listed on: 01/15/2021

The Keyes Company

Last Buyer's Agent

Andreea Fodor

Douglas Elliman License #3447092

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,348

Year Built

  • Built in 1990

Lot Details

  • Cul-De-Sac
  • Fenced
  • Interior Lot
  • Sprinkler System

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Frame Construction
  • Concrete Roof

Interior Spaces

  • 4,541 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Bar
  • High Ceiling
  • Ceiling Fan
  • Decorative Fireplace
  • Plantation Shutters
  • Single Hung Metal Windows
  • Sliding Windows
  • French Doors
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 4 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Security Lights
  • Impact Glass
  • Fire and Smoke Detector

Pool

  • Free Form Pool
  • Gunite Pool
  • Pool Equipment or Cover

Outdoor Features

  • Balcony
  • Deck
  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Gas Tank Leased
  • Gas Water Heater

Community Details

  • Association fees include common areas
  • Morningside Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06434632260000110

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,348

Year Built

Built in 1990

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Federal Hwy to NE Boca Bay Colony Drive, Left on NE Orchid Bay Dr, , Left on NE Palm Way. Property on East side of street.
  • Year Built: 1990
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Bar, Bidet, Built-in Features, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, French Door(s)/Atrium Door(s), Fireplace, High Ceilings, Jetted Tub, Kitchen/Dining Combo, Pantry, Split Bedrooms, Separate Shower, Bar, Walk-In Closet(s), Attic
  • Furnished: Negotiable
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Wood
  • Living Area: 4541.0
  • Dining Room Type: Attic, Family Room, Great Room, Laundry, Storage Room
  • Stories: 2
  • Window Features: Impact Glass, Metal, Plantation Shutters, Single Hung, Sliding

Exterior Features

  • Exterior Features: Balcony, Deck, Fence, Porch, Patio, Propane Tank - Leased
  • Lot Features: Cul-De-Sac, Interior Lot, Sprinklers Automatic
  • Pool Features: Free Form, Gunite, Other, Pool Equipment, Pool
  • Pool Private: Yes
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block, Frame
  • Patio And Porch Features: Balcony, Deck, Open, Patio, Porch
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Driveway, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security Lights, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 42.0
  • Community Features: Non-Gated, Street Lights, Sidewalks
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas

Lot Info

  • Parcel #: 06434632260000110
  • Zoning Description: Resident
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 13348.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2021
Closed on
Mar 12, 2021
Sold by
Frey Michael L and Frey Mary Tasca
Bought by
Fessler David Robert and Fessler Mollie Kelly
Seller's Agent
Ari Albinder
The Keyes Company
Buyer's Agent
Andreea Fodor
Douglas Elliman
List Price
$1,895,000
Sold Price
$1,750,000
Premium/Discount to List
-$145,000
-7.65%
Current Estimated Value
$2,686,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$936,735
Avg. Annual Appreciation
9.81%
Original Mortgage
$1,260,000
Outstanding Balance
$1,129,501
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,557,234

Purchase Details

Closed on
Aug 31, 2006
Sold by
Frey Michael L and Frey Mary Tasca
Bought by
Frey Michael L and Frey Mary Tasca

Purchase Details

Closed on
May 24, 2006
Sold by
Giuliano Peter D and Giuliano Holly A
Bought by
Frey Michael L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 8, 2004
Sold by
Ferazzoli Loreto and Ferazzoli Mafalda
Bought by
Giuliano Peter D and Guiliano Holly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
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
Fessler David Robert $1,750,000 East Coast Title Group Inc
Frey Michael L -- Attorney
Frey Michael L $1,100,000 Sunbelt Title Agency
Giuliano Peter D $950,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fessler David Robert $1,260,000
Previous Owner Frey Michael L $880,000
Previous Owner Giuliano Peter D $760,000
Closed Giuliano Peter D $142,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2021 03/12/21 Sold $1,750,000 -7.7% $385 / Sq Ft
02/10/2021 02/10/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $1,895,000 -- $417 / 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 $33,433 $1,985,402 -- --
2023 $32,723 $1,927,575 $623,524 $1,304,051
2022 $28,509 $1,604,183 $0 $0
2021 $13,542 $772,530 $0 $0
2020 $13,348 $761,864 $0 $0
2019 $13,410 $744,735 $0 $0
2018 $12,563 $730,849 $0 $0
2017 $12,482 $715,817 $0 $0
2016 $12,512 $701,094 $0 $0
2015 $12,840 $696,220 $0 $0
2014 $12,892 $690,694 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10684916

BeachesMLS

APN: 06-43-46-32-26-000-0110