NOT LISTED FOR SALE

Estimated Value: $1,110,000 - $1,512,801

0.21 Acre
$6,058,095 Price per Acre
9,487 Sq Ft Lot

Last Sold September 07, 2021

Last sale price $460,000 $305 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $7,916/month

103 Days on Market

Highlights

  • Corner Lot
  • Boca Raton Community Middle School Rated A-
  • Brush Vegetation

About This Lot

As of September 2021

Totally cleared corner lot, almost 9500 sq ft. Located 1 block west of Federal Highway just north of the curve at Fifth Avenue Shoppes and 20th Street. Prime shopping and dining nearby, A Rated zone for Elementary, Middle and High Schools. 5 Mins from the Beach or to the Highway. Single Family Residential Zoning. NO Fussy Homeowners Association. City of Boca Raton and Palm Beach County Building Department Approval required for new build structures. Price and commission is for Land only with No plans, or warranties of any kind.For bigger Buyers, this lot Can possibly be combined with the adjacent Lot at 498 NE 28th RD to total nearly 24,000 sq. ft. that property currently has a 3/2 with Pool. (Call Listing Agent for more details and pricing on combining 2 adjacent lots)

Last Agent to Sell the Property

Ross M. Stern P.A.

RE/MAX Services License #3277471 Listed on: 04/26/2021

RE/MAX Services

Co-Listed By

Payman Cash Ridley

Inactive Member License #3450519

Inactive Member

Last Buyer's Agent

Payman Cash Ridley

Inactive Member License #3450519

Inactive Member

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,033

Lot Details

  • 9,487 Sq Ft Lot
  • Brush Vegetation
  • Corner Lot
  • Paved or Partially Paved Lot
  • Site Plan Filed
  • Property is zoned R1D(ci

Location

  • City Lot

Community Details

  • Chatham Hills Sec B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06434717070100430

Property Details

Property Type

Land

Est. Annual Taxes

$6,033

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: 28th Street and NE 5th Ave, Just 1 block west of Federal Highway.
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Corner Lot, City Lot, < 1/4 Acre
  • Road Surface Type: Paved
  • Waterfront: No

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 06434717070100430
  • Development Status: Site Plan Filed
  • Lot Size: < 1/4 Acre,Corner Lot,Pa
  • Lot Size Sq Ft: 9487.0
  • Zoning Description: R1D(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6033.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2021
Closed on
Sep 7, 2021
Sold by
Ridley Kobria Ramezani
Bought by
Tegovski Bojan and Tegovska Elena
Seller's Agent
Ross M. Stern P.A.
RE/MAX Services
Buyer's Agent
Payman Cash Ridley
Inactive Member
List Price
$499,000
Sold Price
$460,000
Premium/Discount to List
-$39,000
-7.82%
Current Estimated Value
$1,272,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$812,200
Avg. Annual Appreciation
27.85%
Original Mortgage
$700,000
Outstanding Balance
$636,948
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$635,252

Purchase Details

Closed on
Feb 19, 2020
Sold by
Kobel Ernest J and Kobel Sharon L
Bought by
Ridley Kobria Ramezani

Purchase Details

Listed on
Dec 30, 2013
Closed on
May 23, 2014
Sold by
Indik David
Bought by
Kobel Ernest J and Kobel Sharon L
Seller's Agent
Ari Lind
Peak Realty LLC
Buyer's Agent
James 'Jim' Iadarola
RE/MAX Select Group
List Price
$325
Sold Price
$290,000
Premium/Discount to List
$289,675
89130.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.94%

Purchase Details

Listed on
Jun 16, 2013
Closed on
Oct 10, 2013
Sold by
Wongsasitorn Ditaporn and Wongsasitorn Bounnam
Bought by
Indik David
Seller's Agent
Dawn Capehart
Galleria International Realty
Buyer's Agent
Ari Lind
Peak Realty LLC
List Price
$200,000
Sold Price
$210,000
Premium/Discount to List
$10,000
5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.56%

Purchase Details

Closed on
Nov 21, 2005
Sold by
Steffen Heidrun and Steffen Klaus
Bought by
Wongsasitorn Ditaporn and Wongsasitorn Bounnam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.75%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 24, 2005
Sold by
Gerhart Melvin R and Gerhart Mitsuko
Bought by
Steffen Heidrun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
5.8%
Mortgage Type
Fannie Mae Freddie Mac
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
Tegovski Bojan $460,000 Attorney
Ridley Kobria Ramezani $327,200 Attorney
Kobel Ernest J $290,000 Florida Attorneys Title Inc
Indik David $210,000 Coastal Title Inc
Wongsasitorn Ditaporn $410,000 Florida Title & Closing Co
Steffen Heidrun $345,000 Corporate Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tegovski Bojan $700,000
Previous Owner Wongsasitorn Ditaporn $250,000
Previous Owner Steffen Heidrun $276,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/07/2021 09/07/21 Sold $460,000 -7.8% $305 / Sq Ft
08/08/2021 08/08/21 Pending -- -- --
04/26/2021 04/26/21 For Sale $499,000 +72.1% $331 / Sq Ft
06/30/2014 06/30/14 Sold $290,000 +89130.8% $192 / Sq Ft View Prior Sale
05/31/2014 05/31/14 Pending -- -- --
12/30/2013 12/30/13 For Sale $325 -99.8% $0 / Sq Ft
10/10/2013 10/10/13 Sold $210,000 +5.0% $139 / Sq Ft View Prior Sale
09/10/2013 09/10/13 Pending -- -- --
06/16/2013 06/16/13 For Sale $200,000 -- $133 / 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 $15,083 $1,048,569 -- --
2023 $4,055 $228,004 $250,000 $0
2022 $3,640 $207,276 $0 $0
2021 $6,058 $317,619 $136,500 $181,119
2020 $6,033 $316,499 $143,000 $173,499
2019 $6,105 $311,299 $137,800 $173,499
2018 $5,471 $290,675 $131,555 $159,120
2017 $5,254 $274,686 $125,291 $149,395
2016 $2,825 $258,953 $0 $0
2015 $4,771 $235,412 $0 $0
2014 $3,867 $185,715 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10711230

BeachesMLS

APN: 06-43-47-17-07-010-0430