NOT LISTED FOR SALE

Estimated Value: $7,654,000 - $9,074,000

4 Beds
6 Baths
5,827 Sq Ft
$1,425/Sq Ft Est. Value

Last Sold February 21, 2014

Last sale price $2,760,000 $474 Per Sq Ft

Est. 201% increase in value since last sale

Current estimated payment $52,986/month

272 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • Gated Community
  • Boca Raton Community Middle School Rated A-
  • Concrete Pool
  • Waterfront

About This Home

As of February 2014

Luxury waterfront estate on the best street in Boca's finest residential enclave: Royal Palm Yacht & Country Club. Great room concept with soaring ceilings & walls of windows overlooking infinity pool & 60' dock just off the intracoastal. Wood & granite k itchen with new stainless appliances, spacious 1st floor master with great closets, huge deck & oversized master bath. Regal wood paneled office or extra bedroom on 1st floor with full bath. Stunning Onyx top bar in living room. Taste neutral throughout.

Last Agent to Sell the Property

Douglas Dewitt

MMLS Assoc.-Inactive Member License #0452752 Listed on: 04/17/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,735

Year Built

  • Built in 1990

Lot Details

  • 0.33 Acre Lot
  • Waterfront
  • East Facing Home
  • Property is zoned R1A

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Driveway
  • Paver Block
  • Open Parking

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Tile Roof

Interior Spaces

  • 5,827 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Furniture Can Be Negotiated
  • Built-In Features
  • Vaulted Ceiling
  • Fireplace
  • Blinds
  • Picture Window
  • Great Room
  • Family Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Marble Flooring
  • Canal Views

Kitchen

  • Electric Range
  • Dishwasher
  • Cooking Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Private Dock
  • Balcony
  • Patio
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 06434729100010470

Community Details

Overview

  • Royal Palm Yacht And Cc,Royal Palm Yacht &Cc Subdivision
  • Mandatory home owners association

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,735

Year Built

Built in 1990

Lot Details

0

HOA Fees

$200 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1990
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story, Mediterranean
  • Directions: ROYAL PALM YACHT AND COUNTRY CLUB. ENTER THROUGH GUARD GATE OFF FEDERAL HWY. AT ROAYL PALM WAY. TAKE ROYAL PALM TO DATE PALM ROAD. DATE PALM CROSSES A SERIES OF BRIDGES AND ENDS AT ALEXANDER PALM ROAD. TURN LEFT, HOME ON EAST ALEXANDER PALM.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock,Unrestricted Salt Water Access
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: Royal Palm Yacht and CC,Royal Palm Yacht &CC
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Cooking Island, Roman Tub, Volume Ceilings, Wet Bar, Den/Library/Office, Family Room, Great Room, Recreation Room, Utility Room/Laundry
  • Spa Yn: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble
  • Furnished: Unfurnished, Furniture Negotiable
  • Living Area: 5827
  • Possible Use: Secondary
  • Window Features: Blinds, Picture Window
  • Bedroom Features: Primary Bedroom Ground Level, Entry Level, At Least 1 Bedroom Ground Level
  • Dining Room Features: Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Great Room, Recreation Room, Utility Room/Laundry
  • Master Bathroom Features: Separate Tub & Shower, Dual Sinks

Exterior Features

  • Roof: Barrel Roof, Curved/S-Tile Roof
  • View: Canal, Water
  • Exterior Features: Built-In Grill, Lighting, Open Balcony
  • Direction Faces: East
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Open Balcony, Patio
  • Pool Features: In Ground, Concrete, Pool/Spa Combo
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, No Fixed Bridges, Seawall
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Royal Palm Yacht and CC
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Driveway, Paver Block

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association Fee: 2400
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Additional Amenities, Gated Community, Mandatory Hoa
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 06434729100010470
  • Lot Size Sq Ft: 14357
  • Zoning: R1A
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 48735

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2013
Closed on
Feb 21, 2014
Sold by
Cutler Glenn R
Bought by
Iavarone Pat J and Iavarone Phyllis Lodico
Seller's Agent
Douglas Dewitt
MMLS Assoc.-Inactive Member
List Price
$2,990,000
Sold Price
$2,760,000
Premium/Discount to List
-$230,000
-7.69%
Current Estimated Value
$8,303,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,543,295
Avg. Annual Appreciation
9.92%

Purchase Details

Closed on
Jan 2, 2009
Sold by
Morris Jack and Morris Sheryl
Bought by
Cutler Glenn R

Purchase Details

Closed on
Nov 11, 2005
Sold by
Rose Steven H
Bought by
Morris Jack and Morris Sheryl

Purchase Details

Closed on
Dec 18, 2002
Sold by
Rose Steven H
Bought by
Rose Steven H and Rose Ricki S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$963,476
Interest Rate
5.12%

Purchase Details

Closed on
Apr 20, 2002
Sold by
Rose Steven H
Bought by
Rose Steven H and Rose Ricki S

Purchase Details

Closed on
Nov 26, 2001
Sold by
Rose Steven H
Bought by
Rose Steven H and Rose Ricki S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,851
Interest Rate
6.37%

Purchase Details

Closed on
Apr 5, 2001
Sold by
Rose Steven and Rose Ricki
Bought by
Rose Steven H and Rose Ricki S

Purchase Details

Closed on
Apr 27, 1999
Sold by
Sheetz G Robert
Bought by
Rose Steven and Rose Ricki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.13%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Iavarone Pat J $2,760,000 Attorney
Cutler Glenn R $2,830,000 Attorney
Morris Jack $3,600,000 --
Rose Steven H -- --
Rose Steven H -- --
Rose Steven H -- --
Rose Steven H -- --
Rose Steven $1,800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rose Steven H $963,476
Previous Owner Rose Steven H $980,851
Previous Owner Rose Steven $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2014 02/21/14 Sold $2,760,000 -7.7% $474 / Sq Ft
01/15/2014 01/15/14 Pending -- -- --
04/17/2013 04/17/13 For Sale $2,990,000 -- $513 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $105,169 $5,360,296 -- --
2023 $100,936 $4,872,996 $6,688,320 $813,233
2022 $86,890 $4,429,996 $0 $0
2021 $75,326 $4,359,354 $3,685,000 $674,354
2020 $66,431 $3,661,154 $3,350,000 $311,154
2019 $62,674 $3,355,344 $3,000,000 $355,344
2018 $55,639 $3,116,174 $2,819,136 $297,038
2017 $51,993 $2,864,610 $2,562,851 $301,759
2016 $49,824 $2,674,962 $0 $0
2015 $51,654 $2,679,186 $0 $0
2014 $49,353 $2,568,170 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A1775629

MIAMI REALTORS® MLS

APN: 06-43-47-29-10-001-0470