NOT LISTED FOR SALE

7751 NE Palm Way Boca Raton, FL 33487

Estimated Value: $2,250,000 - $2,658,416

4 Beds
4.5 Baths
3,665 Sq Ft
$659/Sq Ft Est. Value

Last Sold April 22, 2024

Last sale price $1,950,000 $532 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $14,326/month

163 Days on Market

Highlights

  • Private Pool
  • Roman Tub
  • Pool View
  • Boca Raton Community Middle School Rated A-
  • Mediterranean Architecture
  • Circular Driveway

About This Home

As of April 2024

Experience the unique opportunity to reside on nearly half an acre in the exclusive Morningside at Boca Bay Colony. The residence boasts a metal roof and all impact windows and doors, providing optimal hurricane protection. Upon entering the home, you'll be captivated by the vaulted ceilings, stunning new floors throughout, brand new chef's kitchen with Monogram appliances, a generous new pool, and an abundance of screened-in patio space. The main house features a split floor plan with three bedrooms, two upstairs accompanied by a jack and jill bathroom, and an enormous primary suite with a sitting room. Additionally, there is a fully equipped brand-new detached guest house that features a bedroom, bathroom and a full sized kitchen, ideal for personal needs or use as a home office.

Last Agent to Sell the Property

Camilla Goodwin

Compass Florida LLC License #3375902 Listed on: 11/10/2023

Compass Florida LLC

Co-Listed By

Keith Neff

Compass Florida LLC License #3261423

Last Buyer's Agent

JEFFREY PEZONE

United Realty Group, Inc License #3394493

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,368

Year Built

  • Built in 1988

Lot Details

  • Interior Lot
  • Sprinkler System
  • Property is zoned R1D

HOA Fees

  • $75 Monthly HOA Fees

Parking

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

Home Design

  • Mediterranean Architecture
  • Aluminum Roof

Interior Spaces

  • 3,665 Sq Ft Home
  • 2-Story Property
  • Furnished or left unfurnished upon request
  • Skylights
  • Bay Window
  • Combination Dining and Living Room
  • Pool Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Closed Circuit Camera
  • Motion Detectors
  • Impact Glass

Pool

  • Private Pool
  • Fence Around Pool
  • In Ground Spa

Outdoor Features

  • Patio

Schools

  • J. C. Mitchell Elementary School
  • Boca Raton Community Middle School
  • Boca Raton Community High School

Utilities

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

Community Details

  • Morningside At Boca Bay C Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06434632260000100

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,368

Year Built

Built in 1988

Lot Details

0

HOA Fees

$75 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: From US-1, turn east onto NE Boca Bay Colony Dr. Turn left onto NE 7th Ave, NE 7th Ave turns right and becomes NE Orchid Bay Dr. Turn left onto NE 8th Way//NE Palm Way.
  • Year Built: 1988
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Garden Tub/Roman Tub, Living/Dining Room, Pantry, Split Bedrooms, Skylights, Separate Shower, Walk-In Closet(s), Bay Window
  • Private Spa: Yes
  • Furnished: Negotiable
  • Spa Features: In Ground
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Tile, Vinyl
  • Living Area: 3665.0
  • Dining Room Type: In-Law Suite, Laundry, Storage Room
  • Stories: 2
  • Window Features: Impact Glass, Skylight(s)

Exterior Features

  • Exterior Features: Patio
  • View: Pool
  • Lot Features: Interior Lot, Sprinklers Automatic
  • Pool Features: Fenced, Other, Pool
  • Pool Private: Yes
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Aluminum

Garage/Parking

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

Utilities

  • Security: Closed Circuit Camera(s), Motion Detectors
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 75.0
  • Community Features: Non-Gated, Sidewalks
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Schools

  • Elementary School: J. C. Mitchell
  • High School: Boca Raton Community
  • Middle Or Junior School: Boca Raton Community

Lot Info

  • Parcel #: 06434632260000100
  • Lot Size: 1/4 to 1/2 Acre,East of
  • Zoning Description: R1D

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 16368.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2023
Closed on
Apr 22, 2024
Sold by
Sprechman Eric and Sprechman Tess
Bought by
Green Roger and Green Bhanmatee
Seller's Agent
Camilla Goodwin
Compass Florida LLC
Buyer's Agent
JEFFREY PEZONE
United Realty Group, Inc
List Price
$2,750,000
Sold Price
$1,950,000
Premium/Discount to List
-$800,000
-29.09%
Views
95
Current Estimated Value
$2,415,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$465,604
Avg. Annual Appreciation
15.68%

Purchase Details

Listed on
May 28, 2019
Closed on
Sep 16, 2019
Sold by
Herman William and Hayne Catherine
Bought by
Sprechman Eric Connor and Sprechman Tess Fusser
Seller's Agent
Camilla Goodwin
Compass Florida LLC
Buyer's Agent
Nicholas Rose
KW Reserve
List Price
$1,175,000
Sold Price
$1,100,000
Premium/Discount to List
-$75,000
-6.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.25%
Original Mortgage
$800,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2015
Sold by
Baltimore Charles and Baltimore Kimberly
Bought by
Herman William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2004
Sold by
Milton Richard K and Ederington Sally L
Bought by
Baltimore Charles and Baltimore Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 1999
Sold by
Rabadan Ruben and Rabadan Edith
Bought by
Milton Richard K and Milton Sally L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.13%
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
Green Roger $1,950,000 None Listed On Document
Sprechman Eric Connor $1,100,000 Attorney
Herman William $925,000 Patch Reef Title Company Inc
Baltimore Charles $900,000 Patch Reef Title Co Inc
Milton Richard K $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sprechman Eric Connor $800,000
Previous Owner Herman William $325,000
Previous Owner Baltimore Charles $585,000
Previous Owner Milton Richard K $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/22/2024 04/22/24 Sold $1,950,000 -7.1% $532 / Sq Ft
03/05/2024 03/05/24 Price Changed $2,100,000 -4.5% $573 / Sq Ft
01/23/2024 01/23/24 Price Changed $2,200,000 -6.4% $600 / Sq Ft
12/06/2023 12/06/23 Price Changed $2,350,000 -6.0% $641 / Sq Ft
12/03/2023 12/03/23 Price Changed $2,500,000 -3.8% $682 / Sq Ft
11/22/2023 11/22/23 Price Changed $2,600,000 -5.5% $709 / Sq Ft
11/10/2023 11/10/23 For Sale $2,750,000 +150.0% $750 / Sq Ft
09/16/2019 09/16/19 Sold $1,100,000 -6.4% $300 / Sq Ft View Prior Sale
08/17/2019 08/17/19 Pending -- -- --
05/28/2019 05/28/19 For Sale $1,175,000 -- $321 / 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 $16,732 $1,003,690 -- --
2023 $16,368 $974,456 $0 $0
2022 $16,237 $946,074 $0 $0
2021 $16,178 $918,518 $0 $0
2020 $15,948 $905,836 $229,500 $676,336
2019 $15,039 $832,429 $0 $0
2018 $14,091 $816,908 $0 $0
2017 $14,003 $800,106 $0 $0
2016 $14,041 $783,649 $0 $0
2015 $11,851 $644,656 $0 $0
2014 $11,899 $639,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10935241

BeachesMLS

APN: 06-43-46-32-26-000-0100