NOT LISTED FOR SALE

7850 NE Palm Way Boca Raton, FL 33487

Estimated Value: $2,283,000 - $2,930,000

4 Beds
3.5 Baths
4,270 Sq Ft
$599/Sq Ft Est. Value

Last Sold June 30, 2016

Last sale price $1,100,000 $258 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $16,084/month

80 Days on Market

Highlights

  • Indoor Pool
  • Vaulted Ceiling
  • Marble Flooring
  • Boca Raton Community Middle School Rated A-
  • Roman Tub
  • Garden View

About This Home

As of June 2016

Live close to the beach in this luxurious bohemian chic 4 bedroom / 3.5 bathroom single family home which is nestled on a 1/3 acre lot in the secluded area of CERCLE DE ROYAL in Boca Bay Colony. This one story home features a spacious and functional floor plan and open family room and kitchen with breakfast bar. Kitchen and bathrooms are upgraded with granite counter-tops and custom cabinets. This home also features an over-sized 3 car garage and new Key West style roof built in 2015.

Last Agent to Sell the Property

David Cohen

GSIG, LLC License #3154753 Listed on: 03/11/2016

Last Buyer's Agent

PATRICIA D. RYAN

United Realty Group, Inc License #3270843

United Realty Group, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,444

Year Built

  • Built in 1991

Lot Details

  • 0.37 Acre Lot
  • East Facing Home
  • Property is zoned RIB

Parking

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

Property Views

  • Garden
  • Pool

Home Design

  • Aluminum Roof

Interior Spaces

  • 4,270 Sq Ft Home
  • 1-Story Property
  • Bar
  • Vaulted Ceiling
  • French Doors
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Sun or Florida Room
  • Utility Room
  • Impact Glass

Kitchen

  • Breakfast Area or Nook
  • Dishwasher

Flooring

  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Roman Tub

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Indoor Pool
  • Spa

Outdoor Features

  • Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Community Details

  • Cercle De Royal Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06434633380000050

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,444

Year Built

Built in 1991

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Federal Highway to NE 74th Street. Left on NE 7th Avenue, to NE 76th Street, Left to NE 8th Way. On right side two lots from the end.
  • Year Built: 1991
  • Architectural Style: Detached, Ranch, One Story
  • Building Stories: 1
  • Year Built Details: Unknown
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Breakfast Area, French Door(s)/Atrium Door(s), Garden Tub/Roman Tub, High Ceilings, Living/Dining Room, Main Level Master, Vaulted Ceiling(s), Bar, Walk-In Closet(s)
  • Private Spa: Yes
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Flooring: Ceramic Tile, Marble
  • Living Area: 4270.0
  • Dining Room Type: Den, Family Room, Florida Room, Great Room, Laundry, Utility Room
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Outdoor Grill, Patio
  • View: Garden, Pool
  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: Indoor, Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Patio
  • Property Condition: Unknown
  • Roof: Aluminum

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Driveway, Garage, Garage Door Opener

Utilities

  • Laundry Features: In Garage, Laundry Tub
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Pets Allowed: Conditional, Yes

Lot Info

  • Parcel #: 06434633380000050
  • Lot Size Sq Ft: 16248.0
  • Zoning Description: RIB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 11444.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2025
Sold by
Sarkisian Alejandro Grimaldi Ter and Moroian Mariana
Bought by
Grimaldi Ter Sarkisian Revocable Living Trust and Sarkisian
Current Estimated Value
$2,556,548

Purchase Details

Listed on
Mar 11, 2016
Closed on
Jun 1, 2016
Bought by
Sarkisian Alejandro Grimaldi T
Seller's Agent
David Cohen
GSIG, LLC
Buyer's Agent
PATRICIA D. RYAN
United Realty Group, Inc
List Price
$1,295,000
Sold Price
$1,100,000
Premium/Discount to List
-$195,000
-15.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.51%

Purchase Details

Closed on
May 18, 2009
Sold by
Sykes Lawrence A and Sykes Barbara
Bought by
Noonan Bradley K and Noonan Candace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$890,000
Interest Rate
4.89%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 26, 2006
Sold by
Stetson Robert Franklin
Bought by
Sykes Lawrence A and Sykes Barbara

Purchase Details

Closed on
Oct 30, 2003
Sold by
Stetson Robert F and Stetson Dorothy M
Bought by
Stetson Robert F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Grimaldi Ter Sarkisian Revocable Living Trust -- None Listed On Document
Grimaldi Ter Sarkisian Revocable Living Trust -- None Listed On Document
Sarkisian Alejandro Grimaldi T $1,100,000 --
Noonan Bradley K $990,000 Family Title Centers Of Amer
Sykes Lawrence A $750,000 Attorney
Stetson Robert F -- Transcontinental Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Noonan Bradley K $890,000
Previous Owner Stetson Robert F $540,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2016 06/30/16 Sold $1,100,000 -15.1% $258 / Sq Ft
05/31/2016 05/31/16 Pending -- -- --
03/11/2016 03/11/16 For Sale $1,295,000 -- $303 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $29,715 $1,412,485 -- --
2023 $26,628 $1,284,077 $558,424 $1,383,914
2022 $23,423 $1,167,343 $0 $0
2021 $20,521 $1,211,877 $315,000 $896,877
2020 $17,739 $964,746 $255,000 $709,746
2019 $18,014 $952,125 $255,000 $697,125
2018 $17,263 $1,029,656 $295,449 $734,207
2017 $15,240 $828,006 $227,269 $600,737
2016 $11,154 $627,793 $0 $0
2015 $11,444 $623,429 $0 $0
2014 $11,490 $618,481 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    David Cohen

    GSIG, LLC

  • P

    Buyer's Agent in 2016

    PATRICIA D. RYAN

    United Realty Group, Inc

    (561) 212-1197

    28 Total Sales

    PATRICIA D. RYAN
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10000880

BeachesMLS (Greater Fort Lauderdale)

APN: 06-43-46-33-38-000-0050

Florida Palm Beach County Boca Raton 33487

7850 NE Palm Way, Boca Raton, FL

This home is located at 7850 NE Palm Way, Boca Raton, FL 33487 since 11 March 2016 and is currently estimated at $2,556,548, approximately $598 per square foot. This property was built in 1991. 7850 NE Palm Way 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 (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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