NOT LISTED FOR SALE

55 NE Spanish Trail Unit 2010 Boca Raton, FL 33432

Estimated Value: $197,597 - $594,000

1 Bed
1 Bath
518 Sq Ft
0.29 Acres

Last Sold March 28, 2014

Last sale price $114,000 $220 Per Sq Ft

Est. 225% increase in value since last sale

Current estimated payment $2,326/month

Highlights

  • Property fronts an intracoastal waterway
  • Terrazzo Flooring
  • Laundry Facilities
  • Boca Raton Community Middle School Rated A-
  • Central Heating and Cooling System

About This Home

As of February 2024

Conveniently located in downtown East Boca Raton. Beautifully updated and modernized one bedroom one bathroom. This second-floor end unit overlooks the intracoastal. Home features include all impact glass doors and windows, new AC, custom closets, custom window treatments, and more. Walking distance to the beach, Royal Palm, Mizner Park, and more. Vacation from home, welcome home!

Last Agent to Rent the Property

Shelby Kessel

True Floridian Realty License #3357540 Listed on: 08/22/2023

Last Renter's Agent

Shelby Kessel

True Floridian Realty License #3357540 Listed on: 08/22/2023

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,750

Year Built

  • Built in 1965

Lot Details

  • Property fronts an intracoastal waterway

Interior Spaces

  • 518 Sq Ft Home
  • Terrazzo Flooring
  • Intracoastal Views

Kitchen

  • Built-In Oven
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Intracoastal Condo Subdivision
  • Laundry Facilities

Listing and Financial Details

  • Property Available on 8/22/23
  • Assessor Parcel Number 06434720390012010

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,750

Year Built

Built in 1965

Lot Details

0

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2023-08-22

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: From i95 take exit onto Palmetto Park rd., head East. Over the Palmetto bridge, turn left (North) on NE Olive Way. Left (West) on E Boca Raton Rd. Turn left (South) on NE Spanish unit is on the right
  • Year Built: 1965
  • Entry Level: 2
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dishwasher, Electric Water Heater, Disposal, Ice Maker
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Terrazzo
  • Living Area: 518.0

Exterior Features

  • Exterior Features: None
  • View: Intercoastal
  • Pool Features: None
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Disclosures: Pet on Property

Garage/Parking

  • Garage Yn: No

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Laundry
  • Pets Allowed: No

Lot Info

  • Parcel #: 06434720390012010
  • Land Lease Amount Frequency: Monthly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2014
Closed on
Mar 28, 2014
Sold by
Schultz Kraig
Bought by
Kessel Pete and Kessel Belinda
Seller's Agent
Tom Baker
MMLS Assoc.-Inactive Member
Buyer's Agent
Alejandro Vazquez
Solid Realty Corporation
List Price
$99,000
Sold Price
$114,000
Premium/Discount to List
$15,000
15.15%
Current Estimated Value
$370,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,149
Avg. Annual Appreciation
10.85%

Purchase Details

Closed on
Apr 26, 2002
Sold by
Richter Thomas and Pavone Julio
Bought by
Schultz Kraig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,500
Interest Rate
7.18%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 19, 1998
Sold by
Moran Ricahrd
Bought by
Richter Thomas

Purchase Details

Closed on
Jul 29, 1995
Sold by
Lazar Robert G
Bought by
Moran Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,751
Interest Rate
7.48%

Purchase Details

Closed on
Oct 28, 1994
Sold by
Clerk Circuit Court
Bought by
Lazar Robert G
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kessel Pete $114,000 Attorney
Schultz Kraig $74,000 --
Richter Thomas $62,500 --
Moran Richard $52,000 --
Lazar Robert G $4,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schultz Kraig $50,000
Previous Owner Schultz Kraig $148,000
Previous Owner Schultz Kraig $124,000
Previous Owner Schultz Kraig $81,000
Previous Owner Schultz Kraig $71,500
Previous Owner Moran Richard $19,751
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2024 02/01/24 Rented $2,350 0.0% --
01/10/2024 01/10/24 Under Contract -- -- --
11/28/2023 11/28/23 Price Changed $2,350 -2.1% $5 / Sq Ft
08/22/2023 08/22/23 For Rent $2,400 +6.7% --
11/01/2022 11/01/22 Rented $2,250 0.0% --
09/22/2022 09/22/22 Under Contract -- -- --
09/20/2022 09/20/22 For Rent $2,250 +36.4% --
12/11/2020 12/11/20 Rented $1,650 -8.3% --
11/11/2020 11/11/20 Under Contract -- -- --
10/23/2020 10/23/20 For Rent $1,800 0.0% --
03/28/2014 03/28/14 Sold $114,000 +15.2% $220 / Sq Ft
02/07/2014 02/07/14 Pending -- -- --
02/07/2014 02/07/14 For Sale $99,000 -- $191 / 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 $3,750 $205,000 -- --
2023 $3,628 $191,180 $0 $0
2022 $3,481 $173,800 $0 $0
2021 $3,094 $158,000 $0 $158,000
2020 $3,046 $158,000 $0 $158,000
2019 $2,878 $145,000 $0 $145,000
2018 $2,640 $150,000 $0 $150,000
2017 $2,609 $160,000 $0 $0
2016 $2,147 $105,000 $0 $0
2015 $2,196 $105,000 $0 $0
2014 $2,199 $102,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10913766

BeachesMLS

APN: 06-43-47-20-39-001-2010