NOT LISTED FOR SALE

1 SW 8th Terrace Boca Raton, FL 33486

Royal Oak Hills Neighborhood

Estimated Value: $894,000 - $940,000

3 Beds
3 Baths
2,039 Sq Ft
$453/Sq Ft Est. Value

Last Sold June 16, 2023

Last sale price $625,000 $307 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $5,517/month

About This Home

As of June 2023

Come check out this tropical oasis of a home surrounded by lush landscaping on an oversized corner lot. Two bedroom & two bathroom with ample space to add third bedroom. Terrazzo flooring throughout that just needs a little TLC to be back to its former glory. Located in top tiered school district. Only 2 miles from the beach!! This home boasts a 1 car garage and a separate laundry room. Spacious bedrooms and bathrooms and large secondary living area with fireplace. Roof was done in 2016. Royal Oak Hills is a beautiful neighborhood close by to shops & restaurants!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2023
Closed on
Jun 16, 2023
Sold by
Caraffa Romeo and Caraffa Michelle
Bought by
Montel Cristofer and Mayeaux Morgan
Seller's Agent
Kristyn Kilker
Dunhill 100 LLC
Buyer's Agent
Kristyn Kilker
Dunhill 100 LLC
List Price
$625,000
Sold Price
$625,000
Views
49
Current Estimated Value
$922,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,829
Avg. Annual Appreciation
18.82%
Original Mortgage
$593,750
Outstanding Balance
$579,129
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$343,700

Purchase Details

Listed on
Dec 16, 2022
Closed on
Jan 21, 2023
Sold by
Cull Robert P and Cull Sally H
Bought by
Caraffa Romeo and Caraffa Michelle
Seller's Agent
Zoha Hopps
Keller Williams Realty Service
List Price
$525,000
Sold Price
$520,000
Premium/Discount to List
-$5,000
-0.95%
Views
41

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.26%
Original Mortgage
$364,000
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2008
Sold by
Watt Richard K
Bought by
Watt Richard K and Cull Robert P
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
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
Montel Cristofer $625,000 None Listed On Document
Caraffa Romeo $520,000 Title Alliance
Caraffa Romeo $520,000 Title Alliance
Watt Richard K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montel Cristofer $593,750
Previous Owner Caraffa Romeo $364,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2023 06/16/23 Sold $625,000 0.0% $319 / Sq Ft
05/17/2023 05/17/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $625,000 +20.2% $319 / Sq Ft
01/23/2023 01/23/23 Sold $520,000 -1.0% $265 / Sq Ft
12/16/2022 12/16/22 For Sale $525,000 -- $268 / Sq Ft

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 $7,491 $457,644 -- --
2023 $12,127 $683,812 $287,155 $396,657
2022 $3,023 $190,725 $0 $0
2021 $2,985 $185,170 $0 $0
2020 $2,938 $182,613 $0 $0
2019 $2,937 $178,507 $0 $0
2018 $2,746 $175,179 $0 $0
2017 $2,708 $171,576 $0 $0
2016 $2,685 $168,047 $0 $0
2015 $2,730 $166,879 $0 $0
2014 $2,739 $165,555 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Kristyn Kilker

    Dunhill 100 LLC

    (561) 445-9164

    1 in this area

    40 Total Sales

    Kristyn Kilker
    Section Image
  • Zoha Hopps

    Seller's Agent in 2023

    Zoha Hopps

    Keller Williams Realty Service

    (425) 344-2708

    1 in this area

    15 Total Sales

    Zoha Hopps
    Section Image
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Map

Florida Palm Beach County Boca Raton 33486 Royal Oak Hills

1 SW 8th Terrace, Boca Raton, FL

This home is located at 1 SW 8th Terrace, Boca Raton, FL 33486 and is currently estimated at $922,829, approximately $452 per square foot. 1 SW 8th Terrace is a home located in Palm Beach County with nearby schools including Addison Mizner Elementary School, Boca Raton Community Middle School, and Boca Raton Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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