NOT LISTED FOR SALE

Estimated Value: $3,122,000 - $5,069,000

6 Beds
7.5 Baths
5,655 Sq Ft
$785/Sq Ft Est. Value

Last Sold February 28, 2019

Last sale price $1,675,000 $296 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $25,830/month

250 Days on Market

Highlights

  • Property has ocean access
  • Home fronts navigable water
  • Canal View
  • Boca Raton Community Middle School Rated A-
  • Heated Pool
  • Marble Flooring

About This Home

As of February 2019

Custom Built waterfront home. High ceilings throughout, master bedroom on second floor, media room, marble and wood floors, canal, dock with no fixed bridges to ocean. Great location short drive to beaches and downtown Delray. Take a look before its gone. Currently lowest price per sqft waterfront only $371 per sqft - make offer! Employees and family members residing with employees of JPMorgan Chase Bank, N.A, its affiliates or subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned by JPMorgan Chase Bank, N.A. Please see attached document for further information. Please refer to attachment for additional information. ALL HIGHEST & BEST OFFERS DUE NO LATER THAN 11:59pm, 1/13/19

Last Agent to Sell the Property

Michelle Daniels

The Real Estate Office Co. License #566609 Listed on: 01/04/2019

Last Buyer's Agent

Jamie Sauer

Compass Florida LLC License #3277155

Compass Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,264

Year Built

  • Built in 2006

Lot Details

  • 8,500 Sq Ft Lot
  • Home fronts navigable water
  • Home fronts a canal
  • North Facing Home
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Circular Driveway

Property Views

  • Canal
  • Pool

Home Design

  • Mediterranean Architecture
  • Spanish Tile Roof

Interior Spaces

  • 5,655 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Built-In Features
  • Bar
  • Fireplace
  • Single Hung Metal Windows
  • Casement Windows
  • French Doors
  • Entrance Foyer
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bidet
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Tub
  • Washer and Dryer Hookup

Pool

  • Heated Pool
  • Spa

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Balcony
  • Open Patio

Utilities

  • Zoned Heating and Cooling
  • Cable TV Available

Community Details

  • Bel Marra Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06434704040020320

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,264

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: US 1 to Coventry East to property
  • Year Built: 2006
  • Architectural Style: Mediterranean
  • Unit Levels: Two
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: RealEstateOwned
  • Stories: 2

Interior Features

  • Interior Amenities: Wet Bar, Bidet, Built-in Features, Breakfast Area, Bathtub, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Elevator, Kitchen Island, Multiple En Suite Bathrooms, Pantry, Split Bedrooms, Soaking Tub, Separate Shower, Upper Level Primary, Bar, Walk-In Closet(s)
  • Private Spa: Yes
  • Furnished: Unfurnished
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Wood
  • Living Area: 5655.0
  • Stories: 2
  • Window Features: Casement Window(s), Metal, Single Hung

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • View: Canal, Pool
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: Heated, In Ground
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Canal Front, Navigable Water, No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Open, Patio, Balcony
  • Property Condition: Resale
  • Roof: Spanish Tile

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Driveway, Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Inside, Laundry Closet, Laundry Tub
  • Other Equipment: None
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 06434704040020320
  • Lot Size Acres: 0.2
  • Lot Size: 85.0 ft x 0.0 ft
  • Lot Size Sq Ft: 8712.0
  • Mobile Dim Units: Feet
  • Zoning: R1B(ci

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 27264.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2019
Closed on
Feb 5, 2019
Sold by
Wilmington Trust Na
Bought by
Maclachlan Daniel and Maclachlan Stephanie
Seller's Agent
Michelle Daniels
The Real Estate Office Co.
Buyer's Agent
Jamie Sauer
Compass Florida LLC
List Price
$2,185,000
Sold Price
$1,675,000
Premium/Discount to List
-$510,000
-23.34%
Current Estimated Value
$4,437,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,762,312
Avg. Annual Appreciation
15.21%
Original Mortgage
$800,000
Outstanding Balance
$696,148
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$3,741,164

Purchase Details

Closed on
Feb 8, 2018
Sold by
Bock Sharon R
Bought by
Willmington Trust Na and Citi Bank Na

Purchase Details

Closed on
Oct 24, 2006
Sold by
J & L Construction Inc
Bought by
Falstrom Leroy Edward and Falstrom Lori Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,592,500
Interest Rate
7.62%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 23, 2004
Sold by
Falstrom Leroy Edward and Falstrom Lori
Bought by
J & L Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,635,000
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 2004
Sold by
Smith Runo and Smith Jeri Anne
Bought by
Falstrom Leroy Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.65%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 22, 2002
Sold by
Lenz Otmar and Lenz Regina
Bought by
Smith Runo and Smith Jerianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
3.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Maclachlan Daniel $1,675,000 Servicelink Llc
Willmington Trust Na $1,600,300 Attorney
Falstrom Leroy Edward $1,592,500 The Closing Experts Title &
J & L Construction Inc $499,000 --
Falstrom Leroy Edward $680,000 --
Smith Runo $635,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maclachlan Daniel $800,000
Previous Owner Falstrom Leroy Edward $1,592,500
Previous Owner J & L Construction Inc $1,635,000
Previous Owner Falstrom Leroy Edward $500,000
Previous Owner Smith Runo $508,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2019 02/28/19 Sold $1,675,000 -23.3% $296 / Sq Ft
01/29/2019 01/29/19 Pending -- -- --
05/23/2018 05/23/18 For Sale $2,185,000 -- $386 / 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 $31,527 $1,927,662 -- --
2024 $31,527 $1,873,335 -- --
2023 $30,856 $1,818,772 $0 $0
2022 $30,632 $1,765,798 $0 $0
2021 $30,548 $1,714,367 $0 $0
2020 $31,549 $1,769,781 $0 $0
2019 $34,766 $1,853,581 $672,000 $1,181,581
2018 $27,412 $1,567,154 $0 $0
2017 $27,264 $1,534,921 $0 $0
2016 $27,372 $1,503,351 $0 $0
2015 $28,124 $1,492,901 $0 $0
2014 $28,241 $1,481,053 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10434193

BeachesMLS (Greater Fort Lauderdale)

APN: 06-43-47-04-04-002-0320