$645,000
SOLD MAY 13, 2013

87 Island Dr S Boynton Beach, FL 33435

3 Beds
3.5 Baths
2,461 Sq Ft
0.27 Acres

Recently Sold

$262 Per Sq Ft

26% Below List Price

1,044 Days on Market

Highlights

  • Beach
  • Canal View
  • 2 Car Attached Garage
  • Private Pool
  • Great Room
  • Walk-In Closet

About This Home

As of September 2018

Waterfront pool home,BOM w short sale approval close2LP.Buyer ill just prior to Closing_Bring ur contractor-needs everything! 115ft waterfront for large/multiple boats. 5 min by boat , or walk to ,inlet,beach or ocean.See broker remarks 4 closing info Quite rough condition. No electric for inside of house or pool pump for many months. Roof needs to be replaced ASAP and is leaking into the home in several places.

Last Agent to Sell the Property

Loretta Morelli

Illustrated Properties LLC (Co License #3002318 Listed on: 06/03/2010

Illustrated Properties LLC (Co

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,095

Year Built

  • Built in 1975

Lot Details

  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Concrete Roof

Interior Spaces

  • 2,461 Sq Ft Home
  • 1-Story Property
  • Casement Windows
  • Entrance Foyer
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Canal Views
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • <<microwave>>
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Seawall
  • Patio

Utilities

  • Central Heating and Cooling System
  • Co-Op Membership Included
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 46434522100000870

Community Details

Overview

  • Mcormick Mile Addition Subdivision, Custom Floorplan

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,095

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: A1A north to Island Drive to S Island Dr
  • Year Built: 1975
  • Architectural Style: Ranch
  • Year Built Details: Resale
  • Special Features: 4108

Interior Features

  • Interior Amenities: Entrance Foyer, Living/Dining Room, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 2461.0
  • Dining Room Type: Family Room, Great Room
  • Stories: 1
  • Window Features: Casement Window(s)

Exterior Features

  • Exterior Features: Patio
  • View: Canal
  • Lot Features: Sprinklers Automatic
  • Pool Features: Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • 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, Garage, Two or More Spaces

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Beach, Club Membership Available
  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 46434522100000870
  • Zoning Description: RES

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 14095.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2017
Closed on
Sep 10, 2018
Sold by
Nomi Realities Lp
Bought by
Watson William
Seller's Agent
Jennifer Kilpatrick
The Corcoran Group
Buyer's Agent
Rebecca Frase
Coldwell Banker Realty /Delray Beach
List Price
$3,875,000
Sold Price
$3,300,000
Premium/Discount to List
-$575,000
-14.84%
Current Estimated Value
$5,498,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,198,325
Avg. Annual Appreciation
8.49%
Original Mortgage
$2,300,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2016
Sold by
Lacho Mark
Bought by
Nomi Realties Lp

Purchase Details

Closed on
Apr 16, 2015
Sold by
Azozu Llc
Bought by
Lacho Mark

Purchase Details

Closed on
Apr 15, 2015
Sold by
Lacho Mark
Bought by
Azozu Llc

Purchase Details

Listed on
Jun 3, 2010
Closed on
Apr 11, 2013
Sold by
Valentine John A
Bought by
Lacho Mark
Seller's Agent
Loretta Morelli
Illustrated Properties LLC (Co
List Price
$876,000
Sold Price
$645,000
Premium/Discount to List
-$231,000
-26.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.69%
Original Mortgage
$250,000
Interest Rate
3.59%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 5, 1997
Sold by
Marilyn R Tr And Sherman L Tuppen
Bought by
Valentine John A

Purchase Details

Closed on
Sep 29, 1997
Sold by
Tuppen Sherman L and Tuppen Marilyn Tuppen
Bought by
Tuppen Marilyn R
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,300,000 Attorney
Warranty Deed $115,000 Fishermans Title
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $645,000 The Title Network Inc
Warranty Deed $535,000 --
Warranty Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,800,000 New Conventional
Closed $2,300,000 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $219,950 Credit Line Revolving
Previous Owner $770,000 Stand Alone First
Previous Owner $84,318 New Conventional
Previous Owner $644,000 New Conventional
Closed $0 No Value Available
Closed $80,250 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2018 09/13/18 Sold $3,300,000 -14.8% $848 / Sq Ft
08/14/2018 08/14/18 Pending -- -- --
01/12/2017 01/12/17 For Sale $3,875,000 +500.8% $996 / Sq Ft
05/13/2013 05/13/13 Sold $645,000 -26.4% $262 / Sq Ft
04/13/2013 04/13/13 Pending -- -- --
06/03/2010 06/03/10 For Sale $876,000 -- $356 / 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 $69,417 $3,462,185 -- --
2023 $65,965 $3,147,441 $0 $0
2022 $57,445 $2,861,310 $0 $0
2021 $50,491 $2,601,191 $950,000 $1,651,191
2020 $46,227 $2,379,027 $765,000 $1,614,027
2019 $45,556 $2,295,437 $747,000 $1,548,437
2018 $16,613 $869,677 $855,535 $14,142
2017 $16,001 $829,393 $814,795 $14,598
2016 $14,738 $741,593 $0 $0
2015 $15,185 $722,722 $0 $0
2014 $13,770 $657,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R3114617

BeachesMLS

APN: 46-43-45-22-10-000-0870