NOT LISTED FOR SALE

8563 Dearborn River Way Boca Raton, FL 33496

Lotus Neighborhood

Estimated Value: $2,037,583 - $2,299,000

5 Beds
5.5 Baths
4,084 Sq Ft
$532/Sq Ft Est. Value

Last Sold August 12, 2024

Last sale price $2,100,000 $514 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $13,663/month

41 Days on Market

Highlights

  • Community Cabanas
  • Gated with Attendant
  • Wood Flooring
  • Eagles Landing Middle School Rated A-
  • Clubhouse
  • Garden View

About This Home

As of August 2024

Live Life In Full Bloom and step inside this Premium LAGUNA model in Lotus. Over 200K in upgrades and over 4,000 Sqft of living space on an oversized 12,432 SqFt corner lot with a huge fenced in backyard, covered patio and plenty of room for a pool. Built in 2021 by GL Homes, the LAGUNA model features 5 bedrooms + Den + Loft, 5.5 bathrooms and 3 garage spaces.Create the life you deserve at Lotus and redefine your concept of luxury living. Don't miss the opportunity to make this dream residence your reality - a harmonious blend of comfort, style, and sophistication. Welcome home! Amenities include; Luna Bistro Cafe with Poolside Seating; Full-service Pool Bar; Indoor Sports Court; Fully Equipped Fitness Center; Game Room, Splash Pad, Tennis/Pickleball Courts. You Will Love Lotus Living

Last Agent to Sell the Property

David Cohen

LPT Realty, LLC License #3237271 Listed on: 03/22/2024

LPT Realty, LLC

Last Buyer's Agent

Angelica Delmar Santiago

KSH Realty LLC License #648927

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,192

Year Built

  • Built in 2021

Lot Details

  • 0.29 Acre Lot
  • Fenced
  • Corner Lot
  • Property is zoned AGR-PU

HOA Fees

  • $505 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Concrete Roof

Interior Spaces

  • 4,084 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Blinds
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Loft
  • Garden Views

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Whispering Pines Elementary School
  • Eagles Landing Middle School
  • Olympic Heights High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00424632070004120

Community Details

Overview

  • Association fees include common areas, ground maintenance, security
  • Built by GL Homes
  • Lotus Subdivision, Laguna Premium Floorplan

Amenities

  • Clubhouse
  • Game Room

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Community Cabanas
  • Community Pool
  • Community Spa

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,192

Year Built

Built in 2021

Lot Details

0

HOA Fees

$505 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: GPS. Entrance is off Lyons Rd
  • Year Built: 2021
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Eat-in Kitchen, High Ceilings, Living/Dining Room, Separate Shower, Walk-In Closet(s), Loft
  • Main Level Bedrooms: 1
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Cooktop, Dryer, Dishwasher, Disposal, Gas Range, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Hardwood, Tile, Wood
  • Living Area: 4084.0
  • Dining Room Type: Den, Family Room, Loft
  • Stories: 2
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Fence, Patio
  • View: Garden
  • Lot Features: Corner Lot
  • Pool Features: None, Association, Community
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Foreign Seller
  • Builder Name: GL Homes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Two or More Spaces

Utilities

  • Security: Gated with Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 505.0
  • Community Features: Clubhouse, Game Room, Gated, Pickleball, Property Manager On-Site, Pool, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Cabana, Clubhouse, Management, Pickleball, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Security

Schools

  • Elementary School: Whispering Pines (Palm Beach)
  • High School: Olympic Heights
  • Middle Or Junior School: Eagles Landing

Lot Info

  • Parcel #: 00424632070004120
  • Lot Size: 1/4 to 1/2 Acre,Corner L
  • Lot Size Sq Ft: 12432.0
  • Zoning Description: AGR-PU

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 19192.0

Multi Family

  • Number Of Units In Community: 804

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2024
Closed on
Aug 1, 2024
Sold by
Ferucci Claudia
Bought by
Fernandez Benito and Beltra-Fernandez Michele
Seller's Agent
David Cohen
LPT Realty, LLC
Buyer's Agent
Angelica Delmar Santiago
KSH Realty LLC
List Price
$2,250,000
Sold Price
$2,100,000
Premium/Discount to List
-$150,000
-6.67%
Views
47
Current Estimated Value
$2,171,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,146
Avg. Annual Appreciation
2.31%
Original Mortgage
$800,000
Outstanding Balance
$787,702
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$1,383,444

Purchase Details

Closed on
Aug 27, 2021
Sold by
Boca Raton Associates Viii Lllp
Bought by
Ferucci Claudia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fernandez Benito $2,100,000 Southeastern Title
Ferucci Claudia $1,154,721 Nova Title Company
Ferucci Claudia $1,154,721 Nova Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fernandez Benito $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2024 08/12/24 Sold $2,100,000 -6.7% $514 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
03/26/2024 03/26/24 For Sale $2,250,000 -- $551 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $22,330 $1,652,746 -- --
2024 $22,330 $1,194,771 -- --
2023 $19,192 $1,086,155 $314,875 $914,773
2022 $17,054 $987,414 $0 $0
2021 $2,715 $161,000 $161,000 $0
2020 $2,417 $135,000 $135,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10971342

BeachesMLS (Greater Fort Lauderdale)

APN: 00-42-46-32-07-000-4120