NOT LISTED FOR SALE

551 NE Waterway Ln Boca Raton, FL 33432

Estimated Value: $7,847,000 - $8,074,000

4 Beds
5.5 Baths
5,683 Sq Ft
$1,392/Sq Ft Est. Value

Last Sold October 07, 2024

Last sale price $7,850,000 $1,381 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $52,502/month

16 Days on Market

Highlights

  • 210 Feet of Waterfront
  • Property has ocean access
  • Canal View
  • Boca Raton Community Middle School Rated A-
  • Heated Spa
  • Deck

About This Home

As of October 2024

Experience exceptional waterfront living at 551 NE Waterway, an extraordinary custom residence. Set on a unique point lot within a cul-de-sac in Golden Harbour, one of Boca Raton's most prestigious waterfront neighborhoods, this stunning home offers unparalleled entertaining spaces both indoor and out. With 210 feet of dockage and direct Intracoastal access this spectacular property is a boater's paradise and comes with boat and jet ski lifts. Enjoy resort style living with heated pool, spa, fire pit, turf yard, lanai with retractable screens and a full summer kitchen. This luxurious residence on a third of an acre and spans an impressive 5,683 of interior square feet, offering an elegant blend of style, comfort and captivating water views throughout all of the main living spaces.

Last Listed By

Ina Bloom

Compass Florida LLC License #3323278 Listed on: 09/09/2024

Compass Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $98,128

Year Built

  • Built in 2017

Lot Details

  • 0.33 Acre Lot
  • 210 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • Cul-De-Sac
  • Fenced
  • Sprinkler System
  • Property is zoned R1B(ci

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Metal Roof

Interior Spaces

  • 5,683 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Central Vacuum
  • Built-In Features
  • Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Decorative Fireplace
  • Blinds
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Canal Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector

Pool

  • Heated Spa
  • In Ground Spa
  • Saltwater Pool

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Canal Access
  • Seawall
  • Deck
  • Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Golden Harbour Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06434720340010060

Home Details

Home Type

Single Family

Est. Annual Taxes

$98,128

Year Built

Built in 2017

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: I-95 to Palmetto Pk. Rd. East to NE 5th Ave., make a left. Golden Harbour neighborhood on right, last street before James Rutherford Park at the end of the cul-de-sac.
  • Year Built: 2017
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Elevator, French Door(s)/Atrium Door(s), Fireplace, High Ceilings, Living/Dining Room, Pantry, Split Bedrooms, Separate Shower, Vaulted Ceiling(s), Bar, Walk-In Closet(s), Central Vacuum
  • Private Spa: Yes
  • Furnished: Unfurnished
  • Spa Features: Heated, In Ground
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Marble, Tile, Wood
  • Living Area: 5683.0
  • Dining Room Type: Den, Family Room, Laundry, Storage Room
  • Stories: 2
  • Window Features: Blinds, Impact Glass

Exterior Features

  • Exterior Features: Deck, Fence, Outdoor Grill, Patio
  • View: Canal
  • Road Frontage Type: Waterfront
  • Lot Features: Cul-De-Sac, Sprinklers Automatic
  • Pool Features: Heated, Pool, Salt Water
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Canal Access, Intracoastal Access, No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale
  • Roof: Metal
  • FrontageLengthRemarks: 210

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Driveway, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 06434720340010060
  • Lot Size: 1/4 to 1/2 Acre,Cul-De-S
  • Lot Size Sq Ft: 14355.0
  • Zoning Description: R1B(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 98128.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2024
Closed on
Oct 4, 2024
Sold by
Wallberg Eric and Wallberg Robyn
Bought by
Marina Rickun Gst Trust and Rickun
Seller's Agent
Ina Bloom
Compass Florida LLC
Buyer's Agent
Perry Melzer
Compass Florida LLC
List Price
$7,999,999
Sold Price
$7,850,000
Premium/Discount to List
-$149,999
-1.87%
Total Days on Market
16
Views
25
Current Estimated Value
$7,910,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,164
Avg. Annual Appreciation
1.71%

Purchase Details

Listed on
Jan 30, 2021
Closed on
Mar 31, 2021
Sold by
Duemmler Frank L and Duemmler Sandra L
Bought by
Wallberg Eric and Wallberg Robyn
Seller's Agent
Diane Carol DeBien
United Realty Group, Inc
Buyer's Agent
Diane Carol DeBien
United Realty Group, Inc
List Price
$5,295,000
Sold Price
$5,500,000
Premium/Discount to List
$205,000
3.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.64%
Original Mortgage
$825,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 30, 2014
Closed on
Apr 13, 2015
Sold by
Osipov Greg
Bought by
Duemmler Frank L
Seller's Agent
Greg Lynn
Lynn Realty Group
Buyer's Agent
Alicia Lammersdorf
Illustrated Properties
List Price
$1,700,000
Sold Price
$1,410,000
Premium/Discount to List
-$290,000
-17.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.61%
Original Mortgage
$705,000
Interest Rate
3.79%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jan 17, 2013
Closed on
Mar 7, 2013
Sold by
Hawran Paul and Hawran Norma
Bought by
Osipov Greg
Seller's Agent
Judy Wheeler
RE/MAX Select Group
Buyer's Agent
Greg Lynn
Lynn Realty Group
List Price
$1,100,000
Sold Price
$968,500
Premium/Discount to List
-$131,500
-11.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.58%

Purchase Details

Closed on
Jul 30, 2004
Sold by
Hagedorn Clem W and Benson William R
Bought by
Hawran Paul

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
2.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 1998
Sold by
Hagedorn Clem W
Bought by
Hagedorn Clem W

Purchase Details

Closed on
Nov 24, 1997
Sold by
Clem W Hagedorn Tr
Bought by
Hagedorn Clem W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
7.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 1993
Sold by
Hagedorn Clem W
Bought by
Hagedorn Clem W

Range of Values:

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Average Value
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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
Marina Rickun Gst Trust $7,850,000 Quaker Title & Escrow
Wallberg Eric $5,500,000 Attorney
Duemmler Frank L $1,410,000 None Available
Osipov Greg $968,500 Florida Advantage Title & Es
Hawran Paul $1,725,000 Promark Title Insurance Co L
Hagedorn Clem W $100 --
Hagedorn Clem W $100 --
Hagedorn Clem W -- --
Hagedorn Clem W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wallberg Eric $1,650,000
Previous Owner Wallberg Eric $825,000
Previous Owner Wallberg Eric $3,575,000
Previous Owner Duemmler Frank L $2,195,000
Previous Owner Duemmler Frank L $2,500,000
Previous Owner Duemmler Frank L $705,000
Previous Owner Hawran Paul $800,000
Previous Owner Hawran Paul $1,000,000
Previous Owner Hagedorn Clem W $342,000
Previous Owner Hagedorn Clem W $214,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2024 10/07/24 Sold $7,850,000 -1.9% $1,381 / Sq Ft
09/25/2024 09/25/24 Pending -- -- --
09/09/2024 09/09/24 For Sale $7,999,999 +45.5% $1,408 / Sq Ft
03/31/2021 03/31/21 Sold $5,500,000 +3.9% $948 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
01/30/2021 01/30/21 For Sale $5,295,000 +275.5% $913 / Sq Ft
04/13/2015 04/13/15 Sold $1,410,000 -17.1% $243 / Sq Ft
03/14/2015 03/14/15 Pending -- -- --
04/30/2014 04/30/14 For Sale $1,700,000 +75.5% $293 / Sq Ft
03/07/2013 03/07/13 Sold $968,500 -12.0% $167 / Sq Ft
02/05/2013 02/05/13 Pending -- -- --
01/17/2013 01/17/13 For Sale $1,100,000 -- $190 / 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 $100,220 $5,922,476 -- --
2023 $98,127 $5,749,977 $0 $0
2022 $97,470 $5,582,502 $0 $0
2021 $60,156 $3,363,908 $0 $0
2020 $59,324 $3,317,464 $0 $0
2019 $59,659 $3,242,878 $0 $0
2018 $57,230 $3,256,364 $1,323,259 $1,933,105
2017 $21,514 $1,192,125 $1,192,125 $0
2016 $21,649 $1,168,750 $0 $0
2015 $17,938 $935,000 $0 $0
2014 $16,507 $850,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS

MLS Number: R11020389

BeachesMLS

APN: 06-43-47-20-34-001-0060