NOT LISTED FOR SALE

444 NE Wavecrest Way Boca Raton, FL 33432

Boca Raton Riviera Neighborhood

Estimated Value: $1,892,000

4 Beds
4 Baths
2,560 Sq Ft
$739/Sq Ft Est. Value

Last Sold January 08, 2019

Last sale price $999,950 $391 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $12,371/month

58 Days on Market

Highlights

  • Garden View
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Boca Raton Community Middle School Rated A-

About This Home

As of January 2019

This is a 4 family but only sold with 424 and 434 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

  • $9,855

Year Built

  • Built in 1988

Lot Details

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

Home Design

  • Concrete Roof

Interior Spaces

  • 2,560 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 Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 06434720110010380

Community Details

Overview

  • 4 Units
  • Boca Raton Riviera Subdivision

Building Details

  • Operating Expense $12,055
  • Net Operating Income $43,145

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,855

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: Palmetto Park Road East to NE Wavecrest Way turn north to property
  • Year Built: 1988
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2560.0
  • 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: Central, 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 #: 06434720110010380
  • 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: 43145.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 12055.0

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 9855.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2021
Sold by
Oceanside Townhomes South Llc
Bought by
Gersh Jeffrey and Gersh Sandra
Current Estimated Value
$1,892,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Outstanding Balance
$1,236,358
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2020
Sold by
Oceanside Townhomes South Llc
Bought by
Amar Rajiv K and Amar Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,408,000
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2019
Sold by
Brown Gary D and Brown Aracelli
Bought by
Oceanside Townhomes South Llc

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
3.6%
Mortgage Type
Construction

Purchase Details

Listed on
Oct 9, 2018
Closed on
Jan 4, 2019
Sold by
Suncorp 444 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.
Original Mortgage
$749,963
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2007
Sold by
Vollaro Louis
Bought by
Suncorp 444 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
$323,000
Interest Rate
6.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 31, 1997
Sold by
Berry Leonard J
Bought by
Tarovietchi 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
$184,000
Interest Rate
7.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 1994
Sold by
Deangelo Joseph and Deangelo Rose
Bought by
Deangelo Joseph A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gersh Jeffrey $1,750,000 Preferred Title Inc
Amar Rajiv K $1,760,000 Preferred Title Inc
Oceanside Townhomes South Llc -- Attorney
Brown Gary D $999,950 Tri-County Title & Escrow In
Suncorp 444 Llc -- Attorney
Vollaro Louis $430,750 --
Tarovietchi Maria $250,000 --
Berry Leonard J $230,000 --
Deangelo Joseph A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gersh Jeffrey $1,350,000
Previous Owner Amar Rajiv K $1,408,000
Previous Owner Oceanside Townhomes South Llc $2,100,000
Previous Owner Brown Gary D $749,963
Previous Owner Vollaro Louis $323,000
Previous Owner Berry Leonard J $184,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2019 01/08/19 Sold $999,950 -9.0% $391 / Sq Ft
12/09/2018 12/09/18 Pending -- -- --
10/11/2018 10/11/18 For Sale $1,098,333 -- $429 / 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
2020 $10,383 $575,000 $575,000 $0
2019 -- $697,926 $550,000 $147,926
2018 -- $607,134 $495,480 $111,654
2017 -- $582,322 $495,480 $86,842
2016 -- $404,796 $0 $0
2015 -- $367,996 $0 $0
2014 -- $334,542 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bruce Ring

    Seller's Agent in 2019

    Bruce Ring

    Lenson Realty

    (561) 361-7082

    1 in this area

    52 Total Sales

    Bruce Ring
    Section Image
  • David Ofstein

    Buyer's Agent in 2019

    David Ofstein

    The Keyes Company

    (954) 782-4422

    1 in this area

    14 Total Sales

    David Ofstein
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10471739

BeachesMLS

APN: 06-43-47-20-11-001-0380

Florida Palm Beach County Boca Raton 33432 Boca Raton Riviera

444 NE Wavecrest Way, Boca Raton, FL

This home is located at 444 NE Wavecrest Way, Boca Raton, FL 33432 since 09 October 2018 and is currently priced at $1,892,000, approximately $739 per square foot. This property was built in 1988. 444 NE Wavecrest Way is a home located in Palm Beach County with nearby schools including J. C. Mitchell 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.

Nearby Homes