NOT LISTED FOR SALE

8 Royal Palm Way Unit 4020 Boca Raton, FL 33432

Estimated Value: $386,492 - $419,000

2 Beds
2 Baths
1,130 Sq Ft
$546/mo HOA Fee

Last Sold March 09, 2018

Last sale price $205,500 $182 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $3,195/month

181 Days on Market

Highlights

  • Boat Ramp
  • Property has ocean access
  • River View
  • Boca Raton Community Middle School Rated A-
  • Gated with Attendant
  • Waterfront

About This Home

As of March 2018

OWNER MOTIVATED AND READY TO SELL THIS UPDATED 4TH FLOOR UNIT WITH GORGEOUS WATER VIEWS. WATCH THE BOATS GO BY ON THE HILLSBORO RIVER. LIGHT AND BRIGHT WITH SOUTHERN EXPOSURE OFF THE SCREENED & COVERED BALCONY. BEAUTIFULLY REDONE GRANITE COUNTER TOP KITCHEN WITH OPENED UP BREAKFAST BAR AND CUSTOM CABINETS WITH LIGHTS. ALL TILE FLOORS THROUGH OUT, CROWN MOLDING, IMPACT GLASS WINDOWS AND SLIDER DOORS AND A MASTER BATHROOM TO DIE FOR WITH JACUZZI SOAKING TUB! A EAST BOCA GUARD GATED, OCEAN ACCESS BY BOAT OR WATERCRAFT, WATERFRONT COMMUNITY CLOSE TO THE BEACH, SHOPPING AND RESTAURANTS. FIVE COMMUNITY POOLS, LIGHTED TENNIS COURTS, CLUB HOUSE AND EXERCISE ROOMS. SOME SMALL BOAT DOCK RENTAL SLIPS AVAILABLE AT LOW RATES.

Last Agent to Sell the Property

Robert Weyrauch

Berkshire Hathaway Florida Realty License #445279 Listed on: 08/09/2017

Berkshire Hathaway Florida Realty

Last Buyer's Agent

Anita Lowe

Keller Williams Realty Boca Raton License #3235631

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,036

Year Built

  • Built in 1976

Lot Details

  • Waterfront
  • North Facing Home

HOA Fees

  • $546 Monthly HOA Fees

Property Views

  • River
  • Canal

Interior Spaces

  • 1,130 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Blinds
  • Great Room
  • Combination Dining and Living Room
  • Screened Porch
  • Ceramic Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Stacked Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Parking

  • Open Parking
  • Assigned Parking

Outdoor Features

  • Property has ocean access
  • Fixed Bridges
  • Seawall
  • Balcony

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 06434731060084020

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, laundry, ground maintenance, maintenance structure, parking, pest control, pool(s), reserve fund, roof, sewer, security, trash, water
  • High-Rise Condominium
  • Boca Bayou Subdivision
  • 6-Story Property

Amenities

  • Clubhouse
  • Game Room
  • Elevator

Recreation

  • Boat Ramp
  • Boating
  • Tennis Courts
  • Community Pool
  • Park

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,036

Year Built

Built in 1976

Lot Details

0

HOA Fees

$546 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Fed. Hwy. to Royal Palm Way (SW 18th ST.) West to entrance gate on Left.
  • Year Built: 1976
  • Architectural Style: High Rise
  • Unit Levels: Three Or More
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Breakfast Area, Closet Cabinetry, Living/Dining Room, Pantry, Stacked Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 1130.0
  • Dining Room Type: Great Room, Storage Room
  • Stories: 6
  • Window Features: Blinds, Drapes, Impact Glass

Exterior Features

  • Exterior Features: Balcony
  • View: Canal, River
  • Pool Features: None, Community
  • View: Yes
  • Waterfront Features: Fixed Bridge, Ocean Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Balcony, Screened

Garage/Parking

  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Assigned, Open

Utilities

  • Security: Gated with Guard, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 546.0
  • Community Features: Boat Facilities, Clubhouse, Fitness, Game Room, Park, Property Manager On-Site, Pool, Street Lights, Tennis Court(s)
  • Senior Community: No
  • Amenities: Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional, No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Laundry, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pool(s), Reserve Fund, Roof, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 06434731060084020
  • Zoning Description: R4(cit

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2036.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2017
Closed on
Mar 9, 2018
Sold by
Rothenberg Robert S
Bought by
Bowers Joseph P
Seller's Agent
Robert Weyrauch
Berkshire Hathaway Florida Realty
Buyer's Agent
Anita Lowe
Keller Williams Realty Boca Raton
List Price
$225,000
Sold Price
$205,500
Premium/Discount to List
-$19,500
-8.67%
Current Estimated Value
$407,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,009
Avg. Annual Appreciation
10.23%
Original Mortgage
$143,850
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2017
Closed on
Apr 27, 2017
Sold by
Williams Joann F and Williams Joann F
Bought by
Rothenberg Robert S and Robert S Rothenberg Revocable Trust
Seller's Agent
Cindy Bittner
Douglas Elliman
List Price
$230,000
Sold Price
$220,000
Premium/Discount to List
-$10,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.54%

Purchase Details

Listed on
Jan 24, 2017
Closed on
Apr 7, 2017
Sold by
Mccarthy Charles and Mccarthy Kathleen
Bought by
Williams Joann F and Joann F Williams Living Trust
Seller's Agent
Cindy Bittner
Douglas Elliman
List Price
$230,000
Sold Price
$220,000
Premium/Discount to List
-$10,000
-4.35%

Purchase Details

Listed on
Feb 1, 2014
Closed on
Jul 30, 2014
Sold by
Mccarthy Charles and Mccarthy Kathleen
Bought by
Williams Joann F and Joann F Williams Living Trust
Seller's Agent
Cynthia Avant
ZFC Real Estate LLC
Buyer's Agent
Charlene Chitwood
Coldwell Banker
List Price
$229,900
Sold Price
$222,000
Premium/Discount to List
-$7,900
-3.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.33%

Purchase Details

Closed on
Jun 18, 2004
Sold by
Broderick James and Zalatoris Broderick Lorraine
Bought by
Mccarthy Charles

Purchase Details

Closed on
Oct 1, 1999
Sold by
Wallbruch Linda A
Bought by
Broderick James
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
Bowers Joseph P $205,500 Florida Title & Guaranty Age
Rothenberg Robert S $220,000 Florida Title & Guarantee Ag
Williams Joann F $222,000 Attorney
Mccarthy Charles $250,000 --
Broderick James $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carpousis Bowers Avra H $136,000
Closed Bowers Joseph P $143,850
Previous Owner Mccarthy Kathleen $231,200
Previous Owner Mccarthy Charles R $258,000
Previous Owner Mccarthy Charles R $276,000
Previous Owner Mccarthy Charles R $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2018 03/09/18 Sold $205,500 -8.7% $182 / Sq Ft
02/07/2018 02/07/18 Pending -- -- --
08/09/2017 08/09/17 For Sale $225,000 +2.3% $199 / Sq Ft
04/27/2017 04/27/17 Sold $220,000 -4.3% $195 / Sq Ft
03/28/2017 03/28/17 Pending -- -- --
01/24/2017 01/24/17 For Sale $230,000 +3.6% $204 / Sq Ft
08/05/2014 08/05/14 Sold $222,000 -3.4% $196 / Sq Ft
07/06/2014 07/06/14 Pending -- -- --
02/01/2014 02/01/14 For Sale $229,900 -- $203 / 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 $4,773 $232,792 -- --
2023 $4,434 $211,629 $0 $0
2022 $4,014 $192,390 $0 $0
2021 $3,420 $178,000 $0 $178,000
2020 $3,111 $159,000 $0 $159,000
2019 $3,068 $152,000 $0 $152,000
2018 $2,808 $145,000 $0 $145,000
2017 $2,060 $142,912 $0 $0
2016 $2,036 $139,973 $0 $0
2015 $2,068 $139,000 $0 $0
2014 $2,710 $130,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10357518

BeachesMLS

APN: 06-43-47-31-06-008-4020