NOT LISTED FOR SALE

Estimated Value: $900,000 - $1,496,000

2 Beds
2.5 Baths
1,816 Sq Ft
$1,180/mo HOA Fee

Last Sold November 09, 2017

Last sale price $525,000 $289 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $9,159/month

56 Days on Market

Highlights

  • Doorman
  • Water Views
  • Clubhouse
  • Boca Raton Community Middle School Rated A-
  • Fitness Center
  • 3-minute walk to Sanborn Square

About This Home

As of November 2017

Freshly Painted! Bldg to be renovated and already paid for! This is the lifestyle you are seeking in Downtown Boca.2 story Penthouse,Walk to Mizner Park,Royal Palm,Restaurants,Houses of Worship & Ocean.This Bldg offers resort style pool,club room,fitness center,basketball court,business center,24 HR valet,manned lobby w/security in garage.Unit has been gently used by 1 owner.View will never change.Former Bldg model with many extras.2 HWH's installed 11/2016,NEST thermostats,dimmer switches throughout, Toto self closing commodes 5 years new,Crown molding,all wiring for electronics decoratively hidden within the walls,flooring replaced in 3/2016 on 2nd floor & stairs w/Navajoe Oak engineered wood,Saturnia marble on 1st floor.ASSESSMENT PAID. Call Listing Agent for details on how to save $$$

Last Listed By

Lynne Gewant

Coldwell Banker Realty /Delray Beach License #3075809 Listed on: 08/14/2017

Coldwell Banker Realty /Delray Beach

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,374

Year Built

  • Built in 2003

Lot Details

  • 1

HOA Fees

  • $1,180 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking
  • Deeded Parking
  • Assigned Parking

Property Views

  • Water
  • Garden

Home Design

  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 1,816 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Sliding Windows
  • Combination Dining and Living Room
  • Loft

Kitchen

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

Flooring

  • Laminate
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Stacked Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06434729560099280

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, maintenance structure, parking, pest control, pool(s), sewer, security, trash, water
  • 243 Units
  • Palmetto Place Condo Subdivision

Amenities

  • Doorman
  • Business Center
  • Bike Room
  • Elevator

Recreation

  • Community Basketball Court

Pet Policy

  • Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,374

Year Built

Built in 2003

Lot Details

0

HOA Fees

$1,180 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I95 TO PALMETTO PARK BLVD EAST, : EAST OF FEDERAL. South on Mizner Blvd. Valet parking off SE 1st Street
  • Year Built: 2003
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Area, Elevator, Living/Dining Room, Stacked Bedrooms, Walk-In Closet(s), Loft
  • Furnished: Partially
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Laminate, Marble
  • Living Area: 1816.0
  • Dining Room Type: Loft, Storage Room
  • Stories: 2
  • Window Features: Impact Glass, Sliding

Exterior Features

  • Exterior Features: Balcony
  • View: Garden, Pool, Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale
  • Roof: Spanish Tile, Tile

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Deeded, Garage, Guest

Utilities

  • Security: Door Man, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1180.0
  • Community Features: Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Basketball Court, Bike Storage, Business Center, Clubhouse, Fitness Center, Management, Pool, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

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

Lot Info

  • Parcel #: 06434729560099280
  • Zoning Description: DDRI(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 8374.0

Multi Family

  • Number Of Units In Community: 243

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2017
Closed on
Oct 30, 2017
Sold by
Singer Sharon L
Bought by
Simon Leonard J
Seller's Agent
Lynne Gewant
Coldwell Banker Realty /Delray Beach
Buyer's Agent
Jennifer Schillace
The Keyes Company
List Price
$674,900
Sold Price
$525,000
Premium/Discount to List
-$149,900
-22.21%
Total Days on Market
56
Current Estimated Value
$1,238,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$713,932
Avg. Annual Appreciation
12.03%
Original Mortgage
$393,750
Outstanding Balance
$333,676
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$905,256

Purchase Details

Closed on
Sep 16, 2004
Sold by
Greenwood Properties Corp
Bought by
Palmetto Place Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
3.62%
Mortgage Type
Purchase Money Mortgage

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
Simon Leonard J $525,000 Affinity Title Services Inc
Palmetto Place Development Llc $488,000 --
Singer Sharon L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simon Leonard J $393,750
Previous Owner Singer Sharon L $488,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2017 11/09/17 Sold $525,000 -22.2% $289 / Sq Ft
10/10/2017 10/10/17 Pending -- -- --
08/14/2017 08/14/17 For Sale $674,900 -- $372 / 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 $12,528 $665,500 -- --
2023 $11,744 $605,000 $0 $0
2022 $10,379 $550,000 $0 $0
2021 $9,270 $500,000 $0 $500,000
2020 $8,818 $475,000 $0 $475,000
2019 $8,791 $460,000 $0 $460,000
2018 $8,400 $460,000 $0 $460,000
2017 $8,524 $460,000 $0 $0
2016 $8,374 $429,550 $0 $0
2015 $8,121 $390,500 $0 $0
2014 $7,079 $355,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10358714

BeachesMLS

APN: 06-43-47-29-56-009-9280