NOT LISTED FOR SALE

Estimated Value: $4,696,486 - $5,578,000

2 Beds
2 Baths
1,937 Sq Ft
$2,697/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $960,300 $496 Per Sq Ft

Est. 444% increase in value since last sale

Current estimated payment $31,222/month

24 Days on Market

Highlights

  • 90 Feet of Waterfront
  • Boat Ramp
  • Canal View
  • Boca Raton Community Middle School Rated A-
  • Property has ocean access
  • Sun or Florida Room

About This Home

As of October 2020

Super nice 2/2 on 90x100 deepwater lot in beautiful Tropic Isle where the homes on both sides sold for 1 million dollar and then are being razed for new multi million dollar mansions. This home is almost too nice to tear down. Appx 1900 square feet of living space, two car garage, spacious backyard with plenty of room for a pool and a large yacht. Cozy and comfortable inside, this home is perfect for a seasonal person who doesn't need 5000 or 6000 square feet and the big taxes to go with it. This home is 5 minutes to the beach and downtown Atlantic Ave, close to the new Whole Food grocery store, Trader Joes, Fresh Market and walking distance to Dunkin Donuts. This home also offers a circular driveway and oversize two car garage.

Last Agent to Sell the Property

Anthony Petrolia

RE/MAX Services License #SL-0518238 Listed on: 08/22/2020

RE/MAX Services

Last Buyer's Agent

Corri Day

Charles Rutenberg Realty FTL License #3100891

Charles Rutenberg Realty FTL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,370

Year Built

  • Built in 1959

Lot Details

  • 9,720 Sq Ft Lot
  • Lot Dimensions are 90x108
  • 90 Feet of Waterfront
  • Sprinkler System
  • Property is zoned R-1-AA

Parking

  • 2 Car Attached Garage
  • Circular Driveway

Home Design

  • Barrel Roof Shape
  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 1,937 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Sliding Windows
  • Entrance Foyer
  • Formal Dining Room
  • Sun or Florida Room
  • Canal Views

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Canal Access
  • Seawall
  • Patio

Schools

  • Boca Raton Community High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12434628020001440

Community Details

Overview

  • Tropic Isle 2Nd Sec Lot 1 Subdivision

Recreation

  • Boat Ramp
  • Boating

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,370

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Federal Hwy south of Linton Blvd to Tropic Blvd. Go east to Spanish Trail, turn right and go two blocks to Allamanda Dr. Turn left to 929 Allamanda Dr on the left.
  • Year Built: 1959
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dining Area, Separate/Formal Dining Room, Entrance Foyer, Pantry, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1937.0
  • Dining Room Type: Florida Room
  • Stories: 1
  • Window Features: Sliding

Exterior Features

  • Exterior Features: Patio
  • View: Canal
  • Road Frontage Type: Waterfront
  • Lot Features: Sprinklers Automatic, Sprinkler System, < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Access, No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Barrel, Spanish Tile, Tile

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Non-Gated
  • Senior Community: No
  • Pets Allowed: Yes

Schools

  • High School: Boca Raton Community

Lot Info

  • Parcel #: 12434628020001440
  • Lot Size: 90x108
  • Lot Size Sq Ft: 9720.0
  • Zoning Description: R-1-AA

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 10370.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2020
Closed on
Oct 15, 2020
Sold by
Larson Craig C
Bought by
J & J Buckeye Property Llc
Seller's Agent
Anthony Petrolia
RE/MAX Services
Buyer's Agent
Corri Day
Charles Rutenberg Realty FTL
List Price
$1,075,000
Sold Price
$960,300
Premium/Discount to List
-$114,700
-10.67%
Current Estimated Value
$5,224,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,264,322
Avg. Annual Appreciation
38.25%

Purchase Details

Closed on
Jan 17, 2012
Sold by
Larson Craig C and Larson Karin
Bought by
Larson Craig C

Purchase Details

Closed on
Dec 22, 2006
Sold by
Dargavage Francis
Bought by
Larson Craig C and Larson Karin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2005
Sold by
Dargavage Robin and Dargavage Francis
Bought by
Dargavage Francis

Purchase Details

Closed on
Aug 28, 2003
Sold by
Tarlton James P and Tarlton Frances
Bought by
Dargavage Francis J and Dargavage Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 1997
Sold by
Magaletta Thomas
Bought by
Tarlton James P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
7.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 1997
Sold by
Roselli Helen M
Bought by
Magaletta Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
7.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 1993
Sold by
Rosenau Estelle
Bought by
Magaletta Thomas and Magaletta Helen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,200
Interest Rate
7.52%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
J & J Buckeye Property Llc $960,300 Florida Direct Title Inc
Larson Craig C -- Attorney
Larson Craig C $875,000 Corporate Title Inc
Dargavage Francis -- --
Dargavage Francis J $640,000 --
Tarlton James P $240,000 --
Magaletta Thomas $100 --
Magaletta Thomas $219,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Larson Craig C $700,000
Previous Owner Dargavage Francis J $250,000
Previous Owner Magaletta Thomas $228,000
Previous Owner Magaletta Thomas $175,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2020 10/15/20 Sold $960,300 -10.7% $496 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
08/22/2020 08/22/20 For Sale $1,075,000 -- $555 / 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
2025 $46,820 $2,553,211 -- --
2024 $46,820 $2,321,101 -- --
2023 $21,329 $851,389 $0 $0
2022 $19,402 $836,879 $0 $0
2021 $15,586 $760,799 $700,000 $60,799
2020 $10,504 $545,996 $0 $0
2019 $10,370 $533,720 $0 $0
2018 $9,942 $523,768 $0 $0
2017 $9,917 $512,995 $0 $0
2016 $9,975 $502,444 $0 $0
2015 $10,242 $498,951 $0 $0
2014 $10,309 $494,991 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10648925

BeachesMLS (Greater Fort Lauderdale)

APN: 12-43-46-28-02-000-1440