Prices continue to rise in Boca Winds. The average transaction price in the first half of 2016 was just over $366,000, up 8 percent from the same period a year earlier, and more than 5 percent higher than the second half of 2015.
The improvement is not just in dollar figures but shows up in other ways. For example, prices rose in “dollars per square foot” to $169/sq.ft. vs. $161 in the two earlier periods. Transactions are also closing a little quicker with an average of 50 days.
The total volume of sales was also up, with 44 transactions in the most recent 6 months vs. 35 in the first half of 2015. While there were several REO transactions (sold by investors owned after foreclosure), their prices were mostly in line with the other houses so they did not pull down the numbers.
On the lower end, 12 houses sold for less than $300K, generally with 3 bedrooms and under 2000 square feet. The bottom was an REO selling for $198K, $47K less than the next lowest at $245K.
Sale prices averaged 94-95% of the original list price consistently over the past 18 months. A few houses sold for more than the original list, while one sold for only 75%.
And again we see full price brokers selling houses for significantly more than discount brokers. Discount brokers save their sellers about 1% on the commission, but lose them 2.5% on the price.
Tag: boca winds
Real Estate: Boca Falls, Boca Winds and Lexington Estates
We report on several recent transactions in Boca Falls, Boca Winds, and Lexington Estates, with prices ranging from $405K up to $715K.
Boca Falls is a gated community with manned entrances west of 441 between Glades Road and Palmetto Park Road. The community has a clubhouse with a new exercise room, a full-size basketball courts and several tennis courts. There is also a large resort-style pool and kiddie pool as well as a covered playground. There are amazing sidewalks and biking paths and a private entry for the elementary school. Students attend Waters Edge Elementary School, Loggers’ Run Middle School and West Boca Raton High School.
The Mediterranean style home at 21281 Waycross Drive sold for $715,000. It has 4 bedrooms and 2.1 bathrooms in 3357 sq. ft. of living space. This fully renovated home has a loft and custom home theater room. The entrance features wood floors and a grand staircase with wrought iron railings. The chef’s kitchen has high end appliances, granite counter tops and a stone back splash. Located on a pie-shaped cul de sac, there are beautiful views of the lake. The backyard also boasts a pool and spa with travertine deck, summer kitchen and covered patio area. Built and purchased for $279,000 in 1997.
The two story home at 21776 Westmont Court sold for $625,000. It has 5 bedrooms and 3 full bathrooms in 3254 sq. ft. of living space. Located on a cul de sac, the home boasts a new white kitchen with custom cabinets and stainless steel appliances. There are new wood plank tile floors throughout. The master bath was recently remodeled to include a frameless shower and double custom vanities . The fenced in back yard has a pool with a raised spa and waterfall and is located on the lake. Built in 1996, it was previously purchased in 2014 for $525,000.
You’re about to buy or sell a home with a price between $500K and $1M. The realtor you hire will be paid $15K to $30K. Shouldn’t you ask to see their resume before hiring them?
Compare anyone’s resume to Warren’s.
Do they understand economics? Are they good at math? Do they understand legal issues? You will not find a more qualified person to help you buy or sell a home. Call Warren at 888-733-5299.
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Boca Winds is a large community west of 441 on Palmetto Park Road. Community amenities include a clubhouse, basketball and tennis courts, a pool and sidewalks. Students attend Waters Edge Elementary School, Loggers’ Run Middle School and West Boca Raton High School.
The Mediterranean style home at 22257 Vista Lago Drive sold for $680,000. It has 6 bedrooms and 3.1 bathrooms in 3574 sq. ft. of living space. This home is located on a large waterfront lot on a cul de sac in Carlyle Estates. The upgraded home has 18 foot ceilings, crown molding and beautiful window treatments. The gourmet kitchen has granite counter tops, a cook island and stainless steel appliances. The living room has a custom fireplace. The master suite and second bedroom are located on the first floor. The back has a large pool and screened in patio with lots of privacy. Sold for $650,000 in 2008, it was built in 1994.
The ranch home at 22237 Collington Drive sold for $425,000. It has 4 bedrooms and 2.1 bathrooms in 2308 sq. ft. of living space. The kitchen has been upgraded and features granite counter tops, custom cabinets and stainless steel appliances. The interior has been painted and has neutral tiled floors. Located on the lake, there is a screened in pool and spa. Built in 1991, it was purchased for $395,000 in 2013.
The home at 22489 Middletown Drive sold for $405,000. It has 4 bedrooms and 2.1 bathrooms in 2103 sq. ft. of living space. The kitchen has been remodeled and features custom cabinets, glass tile back splash and stainless steel appliances. The bathrooms have also been completely renovated. The backyard has a large pool and lush garden views. There is a 2 car garage. Built in 1990, it was last purchased by a property company for $283,000 in 2015.
Lexington Estates is a gated community located on Palmetto Park Road, west of 441. Amenities include basketball and tennis courts as well as a community pool and picnic area. Students attend Coral Sunset Elementary School, Loggers Run Middle School and West Boca Community High School.
The designer decorated home at 10166 Umberland Place sold for $515,000. It has 4 bedrooms and 3 full bathrooms in 2945 sq. ft. of living space. The home also boasts a loft. The kitchen has been remodeled with custom cabinetry and new stainless steel appliances. There is marble flooring on the first floor and wood on the second floor. The bathrooms have been renovated with marble flooring and custom quartz vanities. The backyard has a large screened patio with a saltwater pool. Built in 1996, it was sold for $375,000 in 2013.
The contemporary home at 10120 Lexington Estates Boulevard sold for $422,000. It has 3 bedrooms and 2 full bathrooms in 2233 sq. ft. of living space. The double glass door entry and large foyer lead to beautiful Brazilian hardwood floors and vaulted ceilings. The newly remodeled kitchen has granite counters and backsplash, stainless steel appliances and double ovens. The breakfast room boasts a built-in banquette. The backyard has a screened in patio and pool. It was originally purchased and built in 1991 for $219,500.
Rollover Accident: Photos & Video
The eastbound lanes of Palmetto Park Road were closed this afternoon between Shorewind Drive (Boca Winds) and Riverside, about 2 miles west of US-441. The closure resulted from a two-car accident where one vehicle, a new Kia Optima, rolled over and an older Lincoln Town Car ended up in the median.
We talked to a few people at the scene, though none saw the accident happen. As best we understand it the Town Car, with an elderly driver, was coming out of Boca Winds making a right turn onto Palmetto. The Optima driven by a West Boca High School student, was traveling straight and was unable to avoid the Town Car. Some suspect the Optima was speeding but we suspect that may not be accurate.
While the Optima did roll, it did not travel very far from the point of collision, the vehicles did not appear to have dramatic damage (other than from the rollover), and we’re told the injuries were not critical.
From a legal perspective the general rule is that the vehicle traveling straight (the Optima) has right of way and primary responsibility for the accident falls on the vehicle turning (the Town Car). There did not appear to be any obstruction interfering with the drivers’ ability to see each other.
Eventually a tow operator was able to roll the Optima back to right-side up. We caught most of that operation on video, and here’s a short version of that:
Sheriff’s investigators then looked inside the car before it was taken away. If you ever find yourself involved in a car accident, it is crucial that you seek legal advice.
Recent Home Sales in Loggers Run, Palma Vista, Boca Falls and Boca Winds
Zip code 33428 is located west of Lyons Road, south of Glades Road, and north of Loxahatchee Road and the county line. Many neighborhoods can be found here including Mission Bay, Boca Falls, Boca Winds, Loggers’ Run, Avalon, Vineyards, Boca Woods, Boca Lago, and Boca Dunes. The area is close to shopping and the South County Regional Park.
The Loggers’ Run development consists of fifteen subdivisions. Most of the subdivisions are not gated. The development features a common swimming pool, tennis courts and a playground. There are also jogging and biking trails. Students go to Sandpiper Shores Elementary School, Loggers’ Run Community Middle School and West Boca Raton High School.
This beautiful home at 11922 Waterwood Drive in the Winding Lakes section of Loggers Run, a gated community, sold by our brokerage for $687,500. It has 7 bedrooms and 4.1 bathrooms in 4379 sq. feet of living space. This ranch home sits on almost 1 acre on a waterfront lot. The updated kitchen has 42 inch wood cabinets, granite counter tops and stainless steel appliances.
The breakfast area has french doors overlooking the lake and a large pool. There is also a large screened in patio.
Cherry wood floors are throughout the home. The bathrooms have been renovated also. The skylight in the living room brings in lots of light. A unique feature is the large office/in law suite with a separate entrance. Built in 1987, it was purchased for $260,000 in 1997. It had been on the market in the past under other brokerages but finally sold through Signature International Real Estate.
Gables Palma Vista is a gated community located south of Glades on the east side of US-441, a short walk from West Boca Medical Center and also near the Westwinds of Boca shopping plaza (Publix and Home Depot). Amenities include a new clubhouse, exercise room and community pool. There are also sidewalks and tennis courts. Students go to Sandpiper Shores Elementary School, Eagles Landing Middle School and Olympic Heights Community High School. The neighborhood has had some crime problems recently, with car and home burglaries. Residents have complained about issues with gate security. Despite the home values remain strong.
The Mediterranean style home at 9821 Palma Vista Way sold for $670.000. It has 6 bedrooms and 5.1 bathrooms in 3735 sq. feet of living space. This bright, two story home has a large den and 3 car garage. The kitchen has a big island and is open to the family room. There are solid oak floors on the staircase and 2nd floor. There is a guest bedroom with full bath the the 1st floor. The home is situated on the waterfront. It was built in 2001 for $491,630.
Boca Falls is a gated community with manned entrances west of 441 between Glades Road and Palmetto Park Road. The community has a clubhouse with a new exercise room, a full-size basketball courts and several tennis courts. There is also a large resort-style pool and kiddie pool as well as a covered playground. There are amazing sidewalks and biking paths and a private entry for the elementary school. Students attend Waters Edge Elementary School, Loggers’ Run Middle School and West Boca Raton High School.
The traditional home at 12829 Hyland Circle sold for $515,000. It has 5 bedrooms and 3 full bathrooms in 2818 sq. feet of living space. This waterfront home sits on a pie shaped lot. The updated kitchen has wood cabinets, granite counter tops and stainless steel appliances. The family room and kitchen overlook a screened in patio, deck with marble pavers and in ground pool. Built in 1997 for $243,200, it was sold for $457,500 in 2008.
The ranch home at 12428 Clearfalls Drive sold for $490,000. It has 5 bedrooms and 3 full bathrooms in 2772 sq. feet of living space. Located on an oversized private corner lot, it has a circular driveway and plantation shutters. There is a split floor plan with master suite and office on one side of the home. The kitchen has new appliances and a breakfast area with built in seating. There is a large oversized patio and pool deck with a fenced in yard. Built in 1996, this home was originally purchased for $248,100.
Boca Winds is a large community west of 441 on Palmetto Park Road. Community amenities include a clubhouse, basketball and tennis courts, a pool and sidewalks. Students attend Waters Edge Elementary School, Loggers’ Run Middle School and West Boca Raton High School.
The large home at 22300 Collington Drive sold for $525,000. It has 5 bedrooms and 4 full bathrooms in 3547 sq. feet of living space. This home boasts a den in addition to the bedrooms as well as many unique upgrades. It has a great floor plan and french doors leading to the back patio. The backyard is oversized and features a pool and large grassy area. The home was built in 1995 for a purchase price of $223,700.
The two story home at 12792 Tulipwood Circle sold for $485,000. It has 5 bedrooms and 3 full bathrooms in 2890 sq. feet of living space. This lake front home has marble travertine floors on the 1st floor and wood floors on the 2nd floor. The kitchen had granite counter tops and 2 bathrooms have been remodeled. The backyard has a screened in pool and patio. The home, which was built in 1994 for $231,500, was sold for $485,000 in 2007.
Other neighborhoods:
12106 Boca Reserve Lane in Boca Reserve sold for $675,000. It has 4 bedrooms and 3.1 bathrooms in 2979 sq. feet of living space.
21855 Cypress Palm Court in Parkview Estates sold for $605,000. It has 5 bedrooms and 4 full bathrooms in 3370 sq. feet of living space.
9713 Parkview Avenue in Avalon sold for $520,000. It has 5 bedrooms and 4 full bathrooms in 3369 sq. ft of living space.
12307 Cascades Pointe Dr in Boca Falls sold for $480,000. It has 5 bedrooms and 3 full bathrooms in 3254 sq. feet of living space.
12656 Tucano Circle in Boca Winds sold for $462,500. It has 4 bedrooms and 3 full bathrooms in 2592 sq. ft of living space.
22367 Collington Dr in Boca Winds sold for $455,000. It has 6 bedrooms and 3.1 bathrooms in 3563 sq ft of living space.
21910 Satinwood Dr in Arborwood sold for $430,000. It has 4 bedrooms and 2 full bathrooms in 2284 sq. ft of living space.
Houses Sold in Boca Falls, Lexington Estates, Mission Bay, Boca Winds & Loggers Run
Zip code 33428 is located west of Lyons Road, south of Glades Road, and north of Loxahatchee Road and the county line. Many neighborhoods can be found here including Mission Bay, Boca Falls, Boca Winds, Loggers’ Run, Avalon, Vineyards, Boca Woods, Boca Lago, and Boca Dunes. The area is close to shopping and the South County Regional Park.
Boca Falls is a gated community with manned entrances west of 441 between Glades Road and Palmetto Park Road. The community has a clubhouse with a new exercise room, a full-size basketball courts and several tennis courts. There is also a large resort-style pool and kiddie pool as well as a covered playground. There are amazing sidewalks and biking paths and a private entry for the elementary school. Students attend Waters Edge Elementary School, Loggers’ Run Middle School and West Boca Raton High School.
This contemporary ranch at 21241 Rock Ridge Drive sold for $780,000. It has 5 bedrooms and 4.1 bathrooms in 3780 sq. feet of living space. The large circular driveway is beautifully landscaped and leads to a 3 car garage. There is a open floor plan with ceramic tile floors throughout. The kitchen has a large island, granite counter tops and stainless steel appliances. The master bath has been recently renovated and includes double vanities, a soaker tub and a large shower. The large backyard has a beautiful lake view and a heated in ground pool with spa. Built in 1998, it was previously purchased for $650,000 in 2011.
This beautiful two story at 21632 Lynhurst Way sold for $518,000. It has 4 bedrooms and 3 full bathrooms in 2731 sq. feet of living space. The renovated kitchen, which opens to the family room, has granite counter tops, a tile backsplash, and stainless steel appliances including a wall oven. There are marble floors throughout the downstairs. The master bath has an extra large vanity with double sinks, soaker tub and stand alone shower. The covered patio and screened in pool overlook the lake. The home was last purchased in 2001 for $347,500. It was built in 1997.
21747 Fall River Drive sold for $700,000. It has 5 bedrooms and 4.1 bathrooms in 3867 sq. feet of living space.
21441 Crestfalls Court sold for $630,000. It has 5 bedrooms and 3.1 bathrooms in 3172 sq. feet of living space.
Lexington Estates is a gated community located on Palmetto Park Road, west of 441. Amenities include basketball and tennis courts as well as a community pool and picnic area. Students attend Coral Sunset Elementary School, Loggers Run Middle School and West Boca Community High School.
The Mediterranean style home at 10301 Lexington Estates Blvd sold for $475,000. It has 4 bedrooms and 2.1 bathrooms in 2935 sq. feet of living space. The updated kitchen has granite counter tops, a breakfast bar, a built-in wine cooler and stainless steel appliances. The master bedroom is on the ground floor. Saturnia marble floors are throughout the main floor. The screened in patio and pool overlooks a lake. Built in 1995, it was purchased for $375,000 in 2009 and $308,600 in 1995.
The Mission Bay development consists of over twelve hundred homes within 10 “villages.” Certain villages have their own sub-associations. The community is west of 441 and covers 500 acres on both sides of Glades Road. The land includes the Evert Tennis Academy and Boca Prep International School and is near commercial plazas including Sports Authority and Mission Bay Plaza. There are swimming pools, tennis leagues, social events and more. HOA fees vary.
The contemporary home at 20940 Avenel Run sold for $462,500. It has 4 bedrooms and 3.1 bathrooms in 2705 sq. feet of living space. The renovated kitchen has wood cabinets, granite counter tops and stainless steel appliances with a tile backsplash. The main floor has ceramic tile and the upstairs has wood flooring in all the bedrooms. The upstairs has a large loft space. The family room opens onto a screened in pool and patio. Built in 1995 and sold for $199,100, it was last sold for $439,000 in 2011.
Other neighborhoods:
12358 Saint Simon Drive in Bay Winds (Boca Winds) sold for $500,000. It has 5 bedrooms and 4 full bathrooms in 3474 sq. feet of living space.
22528 Orange Blossom in Tamarron (Loggers Run) sold for $487,450. It has 4 bedrooms and 2.1 bathrooms in 2723 sq. feet of living space.
11278 Boca Woods Lane in Boca Woods Country Club sold for $425,000. It has 4 bedrooms and 3 full bathrooms in 2692 sq. feet of living space.