NOT LISTED FOR SALE

498 NE 8th St Boca Raton, FL 33432

Boca Villas Neighborhood

Estimated Value: $3,136,000 - $6,236,407

3 Beds
2 Baths
1,660 Sq Ft
$2,985/Sq Ft Est. Value

Last Sold October 29, 2018

Last sale price $695,000 $419 Per Sq Ft

Est. 613% increase in value since last sale

Current estimated payment $31,379/month

46 Days on Market

Highlights

  • Private Pool
  • Deck
  • Corner Lot
  • Boca Raton Community Middle School Rated A-
  • Sun or Florida Room
  • Pool View

About This Home

As of October 2018

BOCA VILLAS...CUTE 3 BEDROOM, 2 BATHROOM WITH A SPACIOUS FAMILY ROOM, HUGE POOL AND PATIO AREA, 1 CAR CARPORT, TERRAZZO FLOORS THROUGHOUT, LARGE CORNER LOT 90 X100, S-TILE ROOF IN 2002, AND LARGE INSIDE UTILITY ROOM. GREAT LOCATION...WALK TO MIZNER PARK, ROYAL PALM PLAZA, BEACH, AND OCEAN. CURRENTLY LEASED UNTIL JUNE '19 TO FANTASTIC TENANTS.

Last Agent to Sell the Property

Joshua Jacob

Inactive Member License #3506428 Listed on: 08/13/2018

Last Buyer's Agent

Jon Pearlman

LoKation License #3309259

LoKation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,578

Year Built

  • Built in 1954

Lot Details

  • 9,140 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Sprinkler System
  • Property is zoned R1D(ci

Home Design

  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 1,660 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Terrazzo Flooring
  • Pool Views

Kitchen

  • Built-In Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Stacked Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Attached Carport

Outdoor Features

  • Private Pool
  • Deck
  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Boca Villas Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06434720170040010

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,578

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: From US 1 east on NE Mizner Blvd. Left on Ne 8th St.
  • Year Built: 1954
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Living/Dining Room, Pantry, Stacked Bedrooms
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Terrazzo
  • Living Area: 1660.0
  • Dining Room Type: Florida Room, Laundry
  • Stories: 1

Exterior Features

  • Exterior Features: Deck, Fence, Patio
  • View: Pool
  • Lot Features: Corner Lot, Sprinklers Automatic, < 1/4 Acre
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale
  • Roof: Spanish Tile, Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Yn: No
  • Parking Features: Attached Carport, Attached, Garage

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
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 06434720170040010
  • Lot Size Sq Ft: 9140.0
  • Zoning Description: R1D(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 8578.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2018
Closed on
Sep 28, 2018
Sold by
Burt Andrew John and Burt Yulia
Bought by
498 Ne 8Th Street Llc
Seller's Agent
Joshua Jacob
Inactive Member
Buyer's Agent
Jon Pearlman
LoKation
List Price
$759,000
Sold Price
$695,000
Premium/Discount to List
-$64,000
-8.43%
Current Estimated Value
$4,954,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,259,352
Avg. Annual Appreciation
32.39%

Purchase Details

Listed on
May 26, 2017
Closed on
Jul 17, 2017
Sold by
Vigh Stephen A
Bought by
Burt Andrew John and Burt Yulia
Seller's Agent
Greg Lynn
Lynn Realty Group
Buyer's Agent
Senada Adzem
Douglas Elliman
List Price
$595,000
Sold Price
$575,000
Premium/Discount to List
-$20,000
-3.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.96%
Original Mortgage
$460,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 17, 2009
Sold by
Gross Gordon G
Bought by
Vigh Alexander J

Purchase Details

Closed on
Dec 6, 1996
Sold by
Delderfield Frederick P
Bought by
Gross Gordon G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
7.83%
Mortgage Type
Credit Line Revolving
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
498 Ne 8Th Street Llc $695,000 Town Title Inc
Burt Andrew John $575,000 Florida Title & Closing Co
Vigh Alexander J $433,000 South Florida Title Insurers
Gross Gordon G $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burt Andrew John $460,000
Previous Owner Gross Gordon G $101,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2018 10/29/18 Sold $695,000 -8.4% $419 / Sq Ft
09/29/2018 09/29/18 Pending -- -- --
08/13/2018 08/13/18 For Sale $759,000 0.0% $457 / Sq Ft
01/09/2018 01/09/18 Rented $2,400 -36.0% --
12/10/2017 12/10/17 Under Contract -- -- --
10/27/2017 10/27/17 For Rent $3,750 0.0% --
07/19/2017 07/19/17 Sold $575,000 -3.4% $346 / Sq Ft View Prior Sale
06/19/2017 06/19/17 Pending -- -- --
05/26/2017 05/26/17 For Sale $595,000 -- $358 / 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 $65,369 $3,644,422 -- --
2023 $17,571 $846,165 $1,318,705 $0
2022 $15,289 $769,241 $0 $0
2021 $14,070 $831,684 $810,000 $21,684
2020 $12,106 $652,755 $636,000 $16,755
2019 $12,968 $680,576 $636,000 $44,576
2018 $11,283 $617,983 $566,717 $51,266
2017 $8,578 $561,222 $515,197 $46,025
2016 $7,779 $361,342 $0 $0
2015 $7,335 $328,493 $0 $0
2014 $6,620 $298,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Joshua Jacob

    Inactive Member

  • S

    Seller's Agent in 2018

    Senada Adzem

    Douglas Elliman

    (561) 929-8944

    3 in this area

    149 Total Sales

    Senada Adzem
    Section Image

  • J

    Buyer's Agent in 2018

    Jon Pearlman

    LoKation

    (954) 545-5583

    1 in this area

    1 Total Sale

    Jon Pearlman
    Section Image
  • Greg Lynn

    Seller's Agent in 2017

    Greg Lynn

    Lynn Realty Group

    (561) 212-2024

    1 in this area

    143 Total Sales

    Greg Lynn
    Section Image

  • C

    Seller Co-Listing Agent in 2017

    Camille De Araujo

    Coldwell Banker

See All Agents

Map

Source: BeachesMLS

MLS Number: R10455465

BeachesMLS

APN: 06-43-47-20-17-004-0010

Florida Palm Beach County Boca Raton 33432 Boca Villas

498 NE 8th St, Boca Raton, FL

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