NOT LISTED FOR SALE

1505 NE 5th Ave Boca Raton, FL 33432

Boca Villas Neighborhood

Estimated Value: $1,079,000 - $2,301,000

0.2 Acre
$7,982,460 Price per Acre
9,126 Sq Ft Lot

Last Sold June 14, 2019

Last sale price $510,000 $256 Per Sq Ft

Est. 213% increase in value since last sale

Current estimated payment $9,834/month

166 Days on Market

Highlights

  • Garden View
  • Paved or Partially Paved Lot
  • 2-minute walk to Lake Wyman Park
  • Boca Raton Community Middle School Rated A-

About This Lot

As of June 2019

Amazing Location, steps to Lake Wyman Park on the Intracoastal Waterway with Tennis Courts, Walking Trails & Exercise Stations. City of Boca has hired Architects to design and clear 6 miles of Canoe Trails and Boardwalks along the Waterway to be completed this year! Expanded Tri-Level Home . Large Family room with expanded Kitchen. Walk to Shopping, Restaurants, anything you may need is just a block away! Update to your taste or BUILD NEW in this fabulously convenient location near Boca Beaches & Miner Park, City Tennis Court and Municipal Boat Ramp. Tropical BACK YARD with lush landscape and mature trees and ferns!

Last Agent to Sell the Property

Charlene Chitwood

Coldwell Banker License #376906 Listed on: 11/29/2018

Coldwell Banker

Last Buyer's Agent

Taylor Wilson

EXP Realty LLC License #3329228

EXP Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $266

Lot Details

  • 9,126 Sq Ft Lot
  • Property fronts a state road
  • Paved or Partially Paved Lot
  • Site Plan Filed
  • Property is zoned R1D(ci

Additional Features

  • Garden Views
  • City Lot

Community Details

  • Whisem Unit B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06434720230050180

Property Details

Property Type

Land

Est. Annual Taxes

$266

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: PALMETTO PARK RD EAST OF US1 TO NE 5TH AVE NORTH TO PROPERTY
  • Special Features: None

Exterior Features

  • View: Garden
  • Lot Features: City Lot, < 1/4 Acre
  • Road Frontage Type: State Road
  • Road Surface Type: Paved
  • Waterfront: No
  • Disclosures: Easement(s)

Lot Info

  • Parcel #: 06434720230050180
  • Current Use: Single Family
  • Development Status: Site Plan Filed
  • Lot Size: 80
  • Lot Size Sq Ft: 9126.0
  • Zoning Description: R1D(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 266.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2018
Closed on
Jul 31, 2019
Sold by
Saleh Farid C and Saleh Sharon V
Bought by
Saleh Farid C and Saleh Sharon V
Seller's Agent
Charlene Chitwood
Coldwell Banker
Buyer's Agent
Taylor Wilson
EXP Realty LLC
List Price
$629,000
Sold Price
$510,000
Premium/Discount to List
-$119,000
-18.92%
Current Estimated Value
$1,596,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,086,492
Avg. Annual Appreciation
19.22%
Original Mortgage
$408,000
Outstanding Balance
$278,209
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$1,249,269

Purchase Details

Listed on
Nov 29, 2018
Closed on
Jun 14, 2019
Sold by
Yanok Stephen and Yanok Jane A
Bought by
Saleh Farid C and Saleh Sharon V
Seller's Agent
Charlene Chitwood
Coldwell Banker
Buyer's Agent
Taylor Wilson
EXP Realty LLC
List Price
$629,000
Sold Price
$510,000
Premium/Discount to List
-$119,000
-18.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Outstanding Balance
$278,209
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$1,249,269
Source: Public Records

Range of Values:

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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
Saleh Farid C -- Attorney
Saleh Farid C $510,000 Gold Coast Title Co Svcs Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saleh Farid C $408,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2019 06/14/19 Sold $510,000 0.0% $256 / Sq Ft
06/14/2019 06/14/19 Sold $510,000 -18.9% $256 / Sq Ft
05/15/2019 05/15/19 Pending -- -- --
05/15/2019 05/15/19 Pending -- -- --
11/29/2018 11/29/18 For Sale $629,000 -4.0% $316 / Sq Ft
09/05/2018 09/05/18 For Sale $655,000 -- $329 / 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 $14,423 $641,703 -- --
2023 $13,530 $583,366 $879,175 $196,182
2022 $11,499 $530,333 $0 $0
2021 $9,584 $562,940 $540,000 $22,940
2020 $8,233 $438,292 $424,000 $14,292
2019 $2,833 $175,609 $0 $0
2018 $2,646 $172,335 $0 $0
2017 $2,610 $168,790 $0 $0
2016 $2,588 $165,318 $0 $0
2015 $2,633 $164,169 $0 $0
2014 $2,642 $162,866 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Charlene Chitwood

    Coldwell Banker

    (561) 251-0118

    2 in this area

    10 Total Sales

    Charlene Chitwood
    Section Image

  • T

    Buyer's Agent in 2019

    Taylor Wilson

    EXP Realty LLC

    (609) 579-6190

    102 Total Sales

    Taylor Wilson
    Section Image
  • Rocky Wilson

    Buyer Co-Listing Agent in 2019

    Rocky Wilson

    EXP Realty LLC

    (609) 338-7140

    107 Total Sales

    Rocky Wilson
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10484509

BeachesMLS

APN: 06-43-47-20-23-005-0180

Florida Palm Beach County Boca Raton 33432 Boca Villas

1505 NE 5th Ave, Boca Raton, FL

This home is located at 1505 NE 5th Ave, Boca Raton, FL 33432 since 29 November 2018 and is currently estimated at $1,596,492, approximately $801 per square foot. 1505 NE 5th Ave is a home located in Palm Beach County with nearby schools including Boca Raton 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.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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