NOT LISTED FOR SALE

Estimated Value: $2,464,909 - $2,786,000

3 Beds
2 Baths
2,923 Sq Ft
$912/Sq Ft Est. Value

Last Sold June 22, 2015

Last sale price $1,229,000 $420 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $15,816/month

71 Days on Market

Highlights

  • 90 Feet of Waterfront
  • Boat Ramp
  • Heated Pool
  • Boca Raton Community Middle School Rated A-
  • Property has ocean access
  • Canal View

About This Home

As of June 2015

This sunny southern exposure home is a boater's dream with a cap and battered seawall, 20,000 lb. boat lift, tropical pool with flowing fountain and recently refinished with PebbleTec surface. New updated kitchen with island and tremendous amount of granite counterspace, floor-to-vaulted ceiling double-sided fireplace, an air conditioned sun room, covered patio and a separate laundry room, all with the finest in detailed finishings. Nearly 3000 s.f. with volume ceilings and all impact windows, a must-see rare find in Tropic Isle!

Last Agent to Sell the Property

Scott Wheeler

Posh Properties License #3020192 Listed on: 03/12/2015

Posh Properties

Last Buyer's Agent

Scott Wheeler

Posh Properties License #3020192 Listed on: 03/12/2015

Posh Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,738

Year Built

  • Built in 1985

Lot Details

  • 9,720 Sq Ft Lot
  • 90 Feet of Waterfront
  • Home fronts navigable water
  • Fenced
  • Sprinkler System
  • Property is zoned 1AAB

Parking

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

Property Views

  • Canal
  • Pool

Home Design

  • Mediterranean Architecture
  • Entry on the 1st floor
  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 2,923 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Single Hung Metal Windows
  • Casement Windows
  • French Doors
  • Entrance Foyer
  • Family Room
  • Sun or Florida Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Motion Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Heated Pool
  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Patio

Location

  • Flood Zone Lot

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 12434628020002190

Community Details

Overview

  • Tropic Isle 2Nd Sec Subdivision

Recreation

  • Boat Ramp
  • Boating

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,738

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Linton to Federal, south to 1st Light. Make left at light onto Tropic Blvd. Make right at 1st stop sign onto Spanish Trail. Follow Spanish Trail to make left onto Cypress. House will be on right.
  • Year Built: 1985
  • Architectural Style: Mediterranean, Ranch
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Area, Entrance Foyer, Eat-in Kitchen, French Door(s)/Atrium Door(s), Fireplace, High Ceilings, Pantry, Vaulted Ceiling(s), Bar, Central Vacuum
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Living Area: 2923.0
  • Dining Room Type: Family Room, Florida Room, Laundry
  • Stories: 1
  • Window Features: Casement Window(s), Metal, Single Hung

Exterior Features

  • Exterior Features: Fence, Patio
  • View: Canal, Pool
  • Road Frontage Type: Waterfront
  • Lot Features: Flood Zone, Sprinklers Automatic, < 1/4 Acre
  • Pool Features: Heated, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Navigable Water, No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: 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, Driveway, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Security System, Motion Detectors, 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, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434628020002190
  • Lot Size Sq Ft: 9720.0
  • Zoning Description: 1AAB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 16738.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2015
Closed on
Jun 19, 2015
Sold by
Grandis Devin and Grandis Kathy
Bought by
Merante John A
Seller's Agent
Scott Wheeler
Posh Properties
Buyer's Agent
Scott Wheeler
Posh Properties
List Price
$1,399,000
Sold Price
$1,229,000
Premium/Discount to List
-$170,000
-12.15%
Current Estimated Value
$2,667,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,438,227
Avg. Annual Appreciation
7.77%
Original Mortgage
$983,200
Outstanding Balance
$766,375
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$1,900,852

Purchase Details

Closed on
Feb 18, 2009
Sold by
Grandis Kathy and Grandis Devin
Bought by
Grandis Kathy and Grandis Devin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2003
Sold by
Stemmer Craig
Bought by
Grandis Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2002
Sold by
Lynch John P and Lynch Maureen
Bought by
Stemmer Craig L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$688,000
Interest Rate
6.92%

Purchase Details

Closed on
Jun 28, 1999
Sold by
Alsentzer Mark S
Bought by
Lynch John P and Lynch Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
7.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 1997
Sold by
Franks Mark A and Franks Patricia A
Bought by
Alsentzer Mark S

Purchase Details

Closed on
Dec 6, 1995
Sold by
Barth Merwin T and Barth Betty L
Bought by
Franks Mark A and Franks Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,250
Interest Rate
7.4%
Mortgage Type
New Conventional
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
Merante John A $1,229,000 Attorney
Grandis Kathy -- Alliant Title & Escrow
Grandis Kathy $925,000 --
Stemmer Craig L $860,000 --
Lynch John P $550,000 --
Alsentzer Mark S $407,500 --
Franks Mark A $382,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merante John A $983,200
Previous Owner Grandis Kathy $417,000
Previous Owner Grandis Kathy $550,000
Previous Owner Stemmer Craig L $688,000
Previous Owner Franks Mark A $125,000
Previous Owner Franks Mark A $440,000
Previous Owner Franks Mark A $344,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2015 06/22/15 Sold $1,229,000 -12.2% $420 / Sq Ft
05/23/2015 05/23/15 Pending -- -- --
03/12/2015 03/12/15 For Sale $1,399,000 -- $479 / 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 $22,261 $1,250,036 -- --
2023 $22,407 $1,213,627 $0 $0
2022 $22,367 $1,178,279 $0 $0
2021 $22,468 $1,143,960 $0 $0
2020 $22,340 $1,128,166 $800,000 $328,166
2019 $23,409 $1,126,181 $800,000 $326,181
2018 $23,990 $1,179,635 $833,849 $345,786
2017 $22,951 $1,105,739 $772,083 $333,656
2016 $23,242 $1,088,356 $0 $0
2015 $16,625 $790,778 $0 $0
2014 $16,738 $784,502 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10118960

BeachesMLS

APN: 12-43-46-28-02-000-2190