$999,950
SOLD JAN 8, 2019
-- Bed
-- Bath
1,574 Sq Ft
9,000 Sq Ft Lot

Recently Sold

$635 Per Sq Ft

9% Below List Price

58 Days on Market

Highlights

  • Garden View
  • Ceramic Tile Flooring
  • Heating Available
  • Boca Raton Community Middle School Rated A-
  • Central Air

About This Home

As of August 2021

This is a 4 family but only sold with 424 and 444 NE Wavecrest Way as a package. Total package all three buildings 424-434-444 NE Wavecrest Way $3,295,000 This is an excellent income property as well as a development deal to build 6 new townhouses.

Last Agent to Sell the Property

Bruce Ring

Lenson Realty License #662649 Listed on: 10/09/2018

Last Buyer's Agent

David Ofstein

The Keyes Company License #3263562

The Keyes Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,325

Year Built

  • Built in 1989

Lot Details

  • 9,000 Sq Ft Lot
  • Lot Dimensions are 75x120
  • Sprinkler System

Home Design

  • Duplex
  • Concrete Roof

Interior Spaces

  • 1,574 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Ceramic Tile Flooring
  • Garden Views

Schools

  • J. C. Mitchell Elementary School
  • Boca Raton Community Middle School
  • Boca Raton Community High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 06434720110010390

Community Details

Overview

  • 2 Units
  • Boca Raton Riviera Subdivision

Building Details

  • Operating Expense $12,525
  • Net Operating Income $27,075

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,325

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Palmetto Park Road East to NE Wavecrest Way turn north to property
  • Year Built: 1989
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1574.0
  • Window Features: Blinds

Exterior Features

  • View: Garden
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Concrete

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Schools

  • Elementary School: J. C. Mitchell
  • High School: Boca Raton Community
  • Middle Or Junior School: Boca Raton Community

Lot Info

  • Parcel #: 06434720110010390
  • Lot Size: 75x120
  • Lot Size Sq Ft: 9000.0
  • Zoning Description: R2
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 27075.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 12525.0

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 10325.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2021
Sold by
Nassan Edward L and Nassan Kristin A
Bought by
Schwartz Steven and Schwartz Rina
Current Estimated Value
$3,090,200

Purchase Details

Listed on
Oct 19, 2020
Closed on
Aug 3, 2021
Sold by
Oceanside Townhomes South Llc
Bought by
Duff Joann and Duff Robert W
Seller's Agent
Ann-Marie Mountcastle
CJM Properties, Inc.
Buyer's Agent
Karen Baker
Compass Florida LLC
List Price
$1,949,000
Sold Price
$1,849,000
Premium/Discount to List
-$100,000
-5.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.48%

Purchase Details

Listed on
Oct 19, 2020
Closed on
Jul 15, 2021
Sold by
Oceanside Townhomes South Llc
Bought by
Mina Richard and Boller Frances
Seller's Agent
Ann-Marie Mountcastle
CJM Properties, Inc.
Buyer's Agent
Karen Baker
Compass Florida LLC
List Price
$1,949,000
Sold Price
$1,849,000
Premium/Discount to List
-$100,000
-5.13%

Purchase Details

Closed on
Jan 10, 2020
Sold by
Brown Gary D and Brown Aracelli
Bought by
Oceanside Townhomes South Llc

Purchase Details

Closed on
Jun 12, 2019
Sold by
Brown Gary B and Brown Aracelli
Bought by
Brown Gary P and Brown Aracelli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
4.1%
Mortgage Type
Construction

Purchase Details

Listed on
Oct 9, 2018
Closed on
Jan 4, 2019
Sold by
Suncorp 434 Llc
Bought by
Brown Gary D
Seller's Agent
Bruce Ring
Lenson Realty
Buyer's Agent
David Ofstein
The Keyes Company
List Price
$1,098,333
Sold Price
$999,950
Premium/Discount to List
-$98,383
-8.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.99%
Original Mortgage
$561,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2012
Sold by
Vollaro Louis
Bought by
Suncorp 434 Llc

Purchase Details

Closed on
Aug 2, 2002
Sold by
Kosic Vladimir
Bought by
Vollaro Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 1999
Sold by
Tarnovietchi Maria
Bought by
Kosic Vladimir

Purchase Details

Closed on
Dec 31, 1997
Sold by
Berry Leonard J
Bought by
Tarnovietchi Maria

Purchase Details

Closed on
Mar 13, 1997
Sold by
Joseph A Deangelo Tr and Rose Deangelo Tr
Bought by
Berry Leonard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.88%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $768,000 Attorney
Warranty Deed $768,000 None Listed On Document
Warranty Deed $1,849,000 Preferred Title Inc
Warranty Deed $1,849,000 New Title Company Name
Warranty Deed $1,895,000 Preferred Title Inc
Warranty Deed $1,895,000 New Title Company Name
Quit Claim Deed -- Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $999,950 Tri County Title & Escrow In
Special Warranty Deed -- None Available
Warranty Deed $376,000 --
Warranty Deed $869,600 --
Warranty Deed $280,000 --
Warranty Deed $225,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $512,000 New Conventional
Previous Owner $2,100,000 Construction
Previous Owner $561,000 New Conventional
Previous Owner $300,700 Purchase Money Mortgage
Previous Owner $180,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2021 08/03/21 Sold $1,849,000 -5.1% $636 / Sq Ft
07/04/2021 07/04/21 Pending -- -- --
10/19/2020 10/19/20 For Sale $1,949,000 +94.9% $670 / Sq Ft
01/08/2019 01/08/19 Sold $999,950 -9.0% $635 / Sq Ft
12/09/2018 12/09/18 Pending -- -- --
10/11/2018 10/11/18 For Sale $1,098,333 -- $698 / 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 $32,318 $1,866,943 -- --
2023 $29,892 $1,697,221 $479,689 $1,296,449
2022 $27,349 $1,542,928 $0 $0
2021 $30,696 $1,700,554 $662,400 $1,038,154
2020 $10,383 $575,000 $575,000 $0
2019 $12,185 $661,958 $550,000 $111,958
2018 $10,631 $581,292 $495,480 $85,812
2017 $10,325 $582,422 $495,480 $86,942
2016 $9,728 $490,584 $0 $0
2015 $8,811 $445,985 $0 $0
2014 $8,275 $412,694 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10471737

BeachesMLS

APN: 06-43-47-20-11-001-0390