May Home Sales II: $185K to $750K

21351 Falls Ridge Way in The Estates, Boca Falls sold for $721K; image by Google.

In Part Two of reviewing sales in May, we look at houses that sold for less than $800K. This is for homes west of the Turnpike (as far north as Atlantic) with over 2000 square feet of living space. Most of these transactions were west of US-441 and south of Clint Moore. Selling a home is no easy task. Are you trying to get your property on the market? If so, you might be looking for new ways of increasing property value. There are various steps you can take, but focusing on your driveway is often a good start as it is often one of the first things a potential buyer will see. Just remember to do your research first, as there are a wide variety of different options to consider. So, let us now review property sales in May.

See Part One – Sales from $800K to $6.4M

Boca Falls: $473K to $721K
21351 Falls Ridge Way in The Estates sold for $721,000 after four months on the market. The large home has 7 bedrooms, 4 full and 2 half baths in nearly 4600 square feet, and 4 garage spaces. It’s on a corner lot with no lake view. At $158 per square foot it looks like a bargain though the house could use some updating in the bathrooms.

21278 Falls Ridge Way sold for $590K; image by Google.

Also in The Estates, 21278 Falls Ridge Way sold for $590K after just 4 days on the market. The 5 bed, 3 bath house has just under 3200 square feet of living space on one floor.
The low end for Boca Falls was $473K for 12336 Antille Drive in the Cascades subdivision. The 4 bedroom, 3 bath house has nearly 2800 square feet on two floors, with no waterfront and no pool.
Others in Boca Falls include:

  • $605K – 12341 Riverfalls Court, 5 beds, 3 baths, 3250 sq.ft.
  • $590K – 21409 Crestfalls Court, 5 beds, 3 baths, 2800 sq.ft. (one floor)
  • $530K – 12372 Cascades Pointe, 4 beds, 3 baths, 2350 sq.ft.
  • $515K – 21395 Gosier Way, 4 beds, 3 baths, 2700 sq.ft.
  • $495K – 21440 Crestfalls Court, 5 beds, 3 baths, 2700 sq.ft. (short sale)

Boca Isles: $360K – $699K

10885 Bal Harbor Drive sold for $699K; image and map data by Google.

10885 Bal Harbor Drive in Boca Isles South sold for just under $700,000. The 5 bedroom, 4 bath home in 3300 square feet has many upgrades including a circular driveway, gorgeous pool deck and high end kitchen.
19916 Dinner Key Drive sold for $360K with 4 beds and 2 baths in 2300 square feet. The smaller home needs updating and the lot backs up to the road noise from Cain Blvd.

Others in Boca Isles:

  • $645K – 20220 Ocean Key Drive, 5 beds, 3 baths, 2900 square feet (Boca Isles South, 1 floor)
  • $625K – 19440 Preserve Drive, 4 beds, 3 baths, 2700 square feet (North)
  • $530K – 19281 Cloister Lake, 5 beds, 3 baths, 2800 square feet (North)
  • $515K – 20190 Ocean Key, 4 beds, 3 baths, 2800 square feet (South)

Boca Chase: $350K – $410K
18348 Coral Chase Drive sold for $410K with 4 bedrooms and 2 1/2 baths in 2700 square feet, including a large second floor balcony overlooking the backyard pool and lake view.

  • $350K – 21460 Millbrook Court, 3 beds, 2 1/2 baths, 2700 sq.ft.
  • $390K – 18269 Clear Brook Circle, 4 beds, 3 1/2 baths, 2800 sq.ft.
  • $398K – 18218 104th Terrace, 3 beds, 2 baths, 2200 sq.ft.

Boca Greens: $439K – $490K

  • $439K – 20112 Back Nine Drive, 3 bed, 2 bath, 2100 sq.ft.
  • $465K – 10070 Crosswind Road, 3 bed, 3 bath, 2250 sq.ft.
  • $490K – 10152 Canoe Brook Circle, 3 bed, 3 1/2 bath, 2900 sq.ft.

Boca Winds: $400K – $510K
12737 Tulipwood Circle sold for $510K. The house has 5 bedrooms and 2 1/2 baths in 2900 square feet, including a lake view, small backyard pool, and recent updates to the kitchen and bathrooms.
All five Boca Winds homes in this report have water views.

  • $400K – 22225 Collington Drive, 4 bed, 3 bath, 2200 sq.ft.
  • $425K – 21910 Palm Grass Drive, 4 bed, 2 1/2 bath, 2400 sq.ft.
  • $437K – 12332 Cabot Court, 4 bed, 2 1/2 bath, 2300 sq.ft.
  • $495K – 22313 Vista Lago Drive, 4 bed, 3 bath, 2700 sq.ft.

Loggers’ Run: $355K – $750K
21406 Sweetwater Lane sold for $750K. The renovated 29 year old home has 5 bedrooms, and 4 baths in 4450 square feet, mostly on one floor on a 3/4 acre lot. There is a 550 square foot bonus room on the second floor.

  • $355K – 11661 Timberwood Road, 4 beds, 2 baths, 2050 sq.ft.
  • $380K – 11885 Sunchase Court, 3 beds, 2 1/2 baths, 2100 sq.ft.
  • $535K – 11325 Island Lakes Lane, 4 beds, 3 baths, 2700 sq.ft.
  • $500K – 22364 Waterside Drive, 4 beds, 2 baths, 2900 sq.ft.

Mission Bay: $357K – $441K

  • $441K – 10538 Wheelhouse Circle, 5 beds, 4 baths, 3200 sq.ft.
  • $415K – 10349 Buena Ventura Drive, 4 beds, 2 1/2 baths, 2600 sq.ft.
  • $406K – 10406 Buena Ventura Drive, 5 beds, 2 1/2 baths, 2950 sq.ft.
  • $375K – 20904 Avenel Run, 4 beds, 2 1/2 baths, 2300 sq.ft.
  • $357K – 10831 Haydn Drive, 4 beds, 2 baths, 2000 sq.ft.

Saturnia: $505K – $800K
In Part One we mentioned one Saturnia home that sold for a bargain $800K with 4700 square feet. An even bigger bargain was 11845 Bayfield Drive at $690K with 5 beds, 4 1/2 baths also in 4700 sq.ft. While the listing does not indicate short sale or REO, we do think it was some form of distressed sale.

  • $505K – 19101 Skyridge Circle, 4 beds, 4 baths, 2800 sq.ft.
  • $533K – 11554 Big Sky Court, 5 beds, 3 baths, 3000 sq.ft.


Saturnia Isles: $535K – $695K
Saturnia Isles is on the east side of 441 between Clint Moore and Atlantic. Four homes, all about 15 years old, sold there in the past month or so:

  • $535K – 15807 Menton Bay Court, 6 beds, 4 baths, 3300 sq.ft.
  • $587K – 15766 Menton Bay Court, 5 beds, 3 baths, 2900 sq.ft.
  • $625K – 9765 Napoli Woods Lane, 4 beds, 3 1/2 baths, 3700 sq.ft.
  • $695K – 9539 Barletta Winds Point, 6 beds, 4 baths, 3800 sq.ft.

Other notable sales at the high end of this report include two in The Bridges, one in Mizner Country Club, and one in Palma Vista:

  • $740K – 16854 Bridge Crossing Circle, 4 beds, 3 baths, 2600 sq.ft.
  • $725K – 8821 Valhalla Drive, 5 beds, 5 1/2 baths, 4600 sq.ft.
  • $715K – 16652 Gateway Bridge Drive, 3 beds, 3 baths, 2600 sq.ft.
  • $669K – 9737 Palma Vista Way, 5 beds, 3 baths, 3400 sq.ft.

In the $400K range, 22329 Rushmore Place sold for $485K in Lexington Estates, with 4 bedrooms and 3 baths in 3000 squre feet. At the same $485K, 22486 Martella Avenue in Boca Rio has 4 beds, 3 baths and 2400 sq.ft.
In Timbers of Boca, 21131 White Oak Ave sold for $434K with 4 beds and 3 baths in 2100 sq.ft.
Moving into the $300K range, two homes sold in Escondido. At $399K, 8769 Escondido Way has 3 beds and 2 baths in 2100 sq.ft., and 21150 Escondido Way with an extra half bath sold for $370K.
In Stonebridge, 10562 Harich Lane sold for $352K with 3 beds, 3 baths and 3100 square feet. Three other homes sold in Stonebridge between $260K and $290K.
Two homes sold in Boca Woods. 11037 Clover Leaf Circle sold for just $185K with 3 beds and 2 baths in 2000 sq.ft. 11116 Boca Woods Lane sold for $250K with 3 beds, 3 baths, and 2700 sq.ft.

Homes in Boca Winds Move Quickly

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.

Boca Winds map; image and map data by Google

The home at 21846 Philmont Court sold for $435,000 in only 13 days on the market. Located in the Monterey Bay subdivision, it has 4 bedrooms and 2.1 bathrooms in 2280 sq. feet of living space.
21846 Philmont Court; image by Google

This home boasts panoramic lake views and Brazilian Cherry floors. The remodeled kitchen has quartz counter tops and Mexican Talavera accent tiles as well as stainless steel appliances and a wine cooler. The master bath has a beautiful stand alone tub and a frameless shower. Built in 1994, it sold for $322,000 in 2015. Two smaller homes nearby on Philmont, a 3-bedroom for $315K in only 3 days, and a 4 bedroom for $360K in 36 days.
22167 Appleton Drive; image by Google

The ranch at 22167 Appleton Drive sold for $381,000 in only 19 days. It has 4 bedrooms and 2 full bathrooms in 2022 sq. feet of living space. The home features soaring ceilings and porcelain floors. The master bath has a frameless shower and large separate tub. There is an open floor plan which overlooks an in ground pool and private backyard. Previously purchased for $220,000 in 2001, its original sale price was $147,500 in 1989.

The contemporary ranch at 22633 Middletown Drive sold for $310,000. It has 3 bedrooms and 2 full bathrooms in 1924 sq. feet of living space. There is an open and spacious split floor plan.
22633 Middletown Drive; image by Google

The covered screen patio overlooks a tropical fenced in backyard. Built in 1988 for $124,000. This listing did take over 3 months to sell, possibly because of the less desirable lot location and the listing’s indication that the home needed upgrades (dated kitchen and bathrooms).

The two story home at 12689 Tucano Circle sold for $522,500. Typically for more expensive homes, it sat on the market for longer – over 3 months. This waterfront home is located in the Waterways subdivision and has 5 bedrooms with 2.1 bathrooms.
12689 Tucano Circle; image by Google.

There is 2890 sq. feet of living space. Located on a quiet cul de sac, this pool home has lots of upgrades. There is a new kitchen with granite counter tops, wood cabinets and top of the line stainless steel appliances. The bathrooms have also been remodeled. A large pool and deck is screened in. Built in 1995, it was sold for $390,000 in 2016.
The large home at 12680 Little Palm Lane sold for $500,000. It has 4 bedrooms and 3.1 bathrooms in 3253 sq. feet of living space. This remodeled home has a large foyer entry and solid hardwood floors.
12680 Little Palm Lane; image by Google Maps

The kitchen has a large island and top of the line appliances. All the bathrooms have been remodeled. A unique feature is a home theater with recliners. The pool and yard overlook the canal and the front has views of the lake. There is also a 3 car garage. Built in 1999, it was last purchased for $300,000 in 2010.
This one was on the market for over 6 months. A similar model on Little Palm sold for $512K in just 60 days.
Other sales of note include:

  • 12304 Saint Simon Drive, $480K, 4 bedrooms, 3 1/2 baths in just under 3300 square feet.
  • 12180 Quilting Lane, $445K, 4 beds, 2 1/2 baths, 2700 square feet.
  • 12141 Quilting Lane, $330K, 4 beds, 2 1/2 baths, 2300 square feet.
  • 22554 Blue Marlin Drive, $358K, 4 beds, 2 1/2 baths, 2400 square feet.

Boca Winds Home Prices Up 8% and Selling Faster

22257 Vista Lago Drive was the largest Boca Winds transaction in 2016, selling for $680K on June 1st. The house has 6 bedrooms in over 3500 square feet. Image by Google

Homes in Boca Winds sold quicker and for substantially more in 2016. The average home price rose to $369K, up from $360K. That’s a 2.5% increase. The price rise was more pronounced on a dollars per square foot basis, at $174/sq.ft. in 2016, up 8% from $161 in 2015 and $159 in 2014.
Boca Winds is an ungated community at the far west end of Palmetto Park Road. It is bordered on the south by the Loxahatchee Canal and the county line, to the west by the Fran Reich Preserve, Boca Falls to the north and Boca Reserve to the east. It is zoned for the nearby Waters Edge Elementary, Loggers Run Middle, and West Boca High schools.
Boca Winds map; image and map data by Google

Our data show 82 transactions in 2016, up from 61 in 2015 and 60 in 2014. Homes are also selling quicker, averaging 42 days (median 26) vs. 57 in the two previous years. The 2016 numbers include 7 REO transactions and 2 short sales. The busiest street was Sea Bass Drive with 9 transactions. These sales are higher than last year despite many of the houses needing work done to them as they have existing issues. The buyers are needing to have projects like WDR Roof Repair but are still willing to pay a higher price than last year.
22041 Palm Grass Drive was the second biggest transaction sold for $555K and the highest per square foot. The house has 4 bedrooms and 2 1/2 baths in 2600 square feet. Image by Google.

Homes sold in 2016 ranged from 1400 to 3600 square feet with prices typically ranging from the low $200s with 3 bedrooms and 2 baths up to the mid-$500s with up to 6 bedrooms. They were built from 1985 through 1999.
22466 Tuna Place sold for the lowest price in Boca Winds in 2016 at only $155K. The 2500 square foot home has 4 bedrooms and 2 1/2 baths. The price is so low we think something is fishy and are checking with the listing agent. We suspect this is a typo and that it actually sold for $355K.

This is the second in a series of articles analyzing 2016 real estate transactions in West Boca. The first article covered Boca Falls. More coming soon.

Recent Home Sales in Boca Falls, Boca Winds, Parkview Estates and Loggers Run

Zip code 33428 is located west of Lyons Road and south of Glades Road. Neighborhoods include Mission Bay, Boca Falls, Boca Winds, Loggers’ Run, and Avalon. The area is known for great schools and low crime.

Want to buy or sell a house in West Boca?

Boca Falls is a gated community with manned entrances west of 441 between Glades Road and Palmetto Park Road. The community has a new exercise room and other recent upgrades.
21307 Rockledge Lane; image by Google
21307 Rockledge Lane; image by Google

The Mediterranean style estate home at 21307 Rockledge Lane sold for $965,000. It has 6 bedrooms and 7.1 bathrooms  in 6884 sq. feet of living space. The home also boasts a 4 car garage. The home underwent a complete renovation in 2010. Special features include soaring ceilings, floor to ceiling fireplace, a grand staircase and hardwood floors. The gourmet kitchen has top of the line appliances, custom cabinets and massive island.  The lavish master suite has a morning bar, dressing area and huge bathroom. In addition, there is a movie theater, gym and game room. The backyard overlooks the lake and has a resort style pool and spa.  Built in 1998, it was previously sold in 2008 for $960,000.
21681 Fall River Drive; image by Google
21681 Fall River Drive; image by Google

The large ranch home at 21681 Fall River Drive sold for $696,000. It has 4 bedrooms and 3.1 bathrooms in 3488 sq. feet of living space. Completely remodeled in 2015, it has a new kitchen and new bathrooms. The kitchen has 42″ cabinets, a large island and granite counters. The master bath has custom double vanities and a frameless shower. The den has a built in bookcase. There are travertine floors and wood floors in the bedrooms. The back overlooks the lake and has a pool and putting green. Built in 1996, it sold for $566,151 in 2015.
The home at 21461 Halstead Drive sold for $508,000. It has 5 bedrooms and 3 full bathrooms in 3388 sq. feet of living space. The San Francisco model has one bedroom and the master suite on the ground floor. New tile floors have been installed throughout the living areas and kitchen. The covered patio has a screened in pool. The home also has a 3 car garage.  The home was built in 1997 for $299,800.
Parkview (Avalon) Estates is a gated community just east of 441 on Palmetto Park Road, behind Lowe’s. Students attend Sandpiper Shores Elementary, Eagles Landing Middle School and Olympic Heights Community High School.
9605-parkview-avenue
The home at 9605 Parkview Avenue sold for $665,000. It has 5 bedrooms and 4 full bathrooms in 3369 sq. feet of living space. This 2 story home has a ground floor master suite with bamboo floors and a completely remodeled bathroom and bath.  The new kitchen has granite counter tops, a extra large peninsula and stainless steel appliances. A special feature is a gourmet full summer kitchen under a custom covered patio.  French doors lead out to the heated salt water pool which has a new control panel and is surrounded by travertine pavers. Built in 1998, it was originally purchased for $367,000 and sold in 2013 for $615,000.
The custom home at 9725 Parkview sold for $580,000. It has 5 bedrooms and 4 full bathrooms in 3369 sq. feet of living space. The dramatic entry has custom wood moldings. There is a spacious open kitchen with a cozy breakfast nook. The master suite and guest room with cabana bathroom are on the first floor. The fenced in yard has a pool and lovely garden.  The home was built in 1998 for $342, 500.
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.
12613 Little Palm Lane; image by Google
12613 Little Palm Lane; image by Google

The beautiful two story home at 12613 Little Palm Lane sold for $510,000. It has 4 bedrooms and 3.1 bathrooms in 3252 sq. feet of living space. The spacious master bedroom suite has a large master bathroom and is located on the first floor. The home boasts a loft on the 2nd floor for entertaining. The gourmet kitchen has upgraded cabinets, granite counters, new appliances and under counter lighting. The backyard has a screened in pool with a great view of the lake.  Built in 1998, it was last purchased in 2012 for $425,000.
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.
22070 Woodset Way; image by Google
22070 Woodset Way; image by Google

The ranch home at 22070 Woodset Way in the Tamarron subdivision sold for $610,000. It has 5 bedroom and 4 full bathrooms in 3819 sq. feet of living space. This spacious home is located on a quiet cul-de-sac. A special feature is the sunken marble floor living room with a coral rock fireplace. Wood flooring is located in the main living areas. The master bathroom has a jetted jacuzzi tub and separate shower. A large covered patio with a built-in grill overlooks the private backyard with a heated swimming pool. Built in 1982 for $245,900, it was last purchased in 2009 for $737,500.
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Boca Winds Real Estate Report – Early 2016

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.

22257 Vista Lago Drive; image by Google
22257 Vista Lago Drive was the most expensive transaction in Boca Winds at $680K; image by Google

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.
22237 Collington Drive sold for $425K; image by Google
22237 Collington Drive sold for $425K; image by Google

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.
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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.