NOT LISTED FOR SALE

501 SW 8th Terrace Boca Raton, FL 33486

Royal Oak Hills Neighborhood

Estimated Value: $762,000 - $1,045,000

3 Beds
3 Baths
1,706 Sq Ft
$505/Sq Ft Est. Value

Last Sold December 16, 2019

Last sale price $477,500 $280 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $5,834/month

About This Home

As of December 2019

Amazing home available for rent in East Boca-Royal Oak Hills! Open floor plan with an updated kitchen, wood cabinets, granite counters and stainless steel appliances and a brand new washer/dryer. Plank style tile floors, split bedroom floor plan and an additional flex space that can be used as an office, play area, etc. Large Master bedroom with walk in closet, dual sink vanity & large walk in shower.. Huge backyard and partial impact windows! Close to Mizner Park,beach, parks, shopping, restaurants, the new Brightline station & so much more! Feeds A-rated schools.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2019
Closed on
Dec 16, 2019
Sold by
Awwad Rasem I and Awwad Alia
Bought by
Pino Vanessa and Pino Erik
Seller's Agent
Linda Cervantes
United Realty Group, Inc
Buyer's Agent
Robyn Rosen
Compass Florida LLC
List Price
$489,900
Sold Price
$477,500
Premium/Discount to List
-$12,400
-2.53%
Current Estimated Value
$862,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,784
Avg. Annual Appreciation
11.41%
Original Mortgage
$382,000
Outstanding Balance
$340,387
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$521,897

Purchase Details

Listed on
Feb 3, 2016
Closed on
Apr 29, 2016
Sold by
Harrington John S and Harrington Erin A
Bought by
Awwad Rasem L and Awwad Alia
Seller's Agent
Brian Eichler
The Keyes Company
Buyer's Agent
Zeynep Girisgen
Boca Real Estators
List Price
$450,000
Sold Price
$445,000
Premium/Discount to List
-$5,000
-1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.96%
Original Mortgage
$356,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 25, 2015
Closed on
Aug 7, 2015
Sold by
Nagirner Bila
Bought by
Harrington John S and Harrington Erin A
Seller's Agent
Deborah Sehres
Inactive member
Buyer's Agent
Brian Eichler
The Keyes Company
List Price
$415,000
Sold Price
$347,000
Premium/Discount to List
-$68,000
-16.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.60%
Original Mortgage
$300,111
Interest Rate
4.11%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 7, 2014
Closed on
Mar 10, 2014
Sold by
Fannie Mae
Bought by
Nagirner Bila
Seller's Agent
Clare Dello Russo
For Sale By Lenders, Inc
Buyer's Agent
Steve Streichler
The Keyes Company
List Price
$359,900
Sold Price
$354,900
Premium/Discount to List
-$5,000
-1.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.58%
Original Mortgage
$266,175
Interest Rate
4.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2013
Sold by
French Jacqueline
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 30, 2007
Sold by
Gamboa Julio
Bought by
French Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,400
Interest Rate
6.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 30, 2003
Sold by
Murphy Andrew and Wagner Stephanie
Bought by
Gamboa Julio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,500
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 1997
Sold by
Wagner Stephanie A
Bought by
Wagner Stephanie A and Murphy Andrew D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 1997
Sold by
Emily M Scheuer Tr
Bought by
Wagner Stephanie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.56%
Mortgage Type
New Conventional
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
Pino Vanessa $477,500 South Florida Title Assc Llc
Awwad Rasem L $445,000 Mariner Title Co
Harrington John S $347,000 Attorney
Nagirner Bila $354,900 Attorney
Federal National Mortgage Association -- None Available
French Jacqueline $392,500 None Available
Gamboa Julio $310,000 Kms Title Company Llc
Wagner Stephanie A $100 --
Wagner Stephanie A $115,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pino Vanessa $382,000
Previous Owner Awwad Rasem L $356,000
Previous Owner Harrington John S $300,111
Previous Owner Nagirner Bila $266,175
Previous Owner French Jacqueline $357,750
Previous Owner French Jacqueline $78,400
Previous Owner French Jacqueline $274,400
Previous Owner Gamboa Julio R $60,000
Previous Owner Gamboa Julio $294,500
Previous Owner Wagner Stephanie A $130,000
Previous Owner Wagner Stephanie A $104,000
Previous Owner Wagner Stephanie A $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2023 03/15/23 Rented $4,000 0.0% --
02/18/2023 02/18/23 Under Contract -- -- --
02/10/2023 02/10/23 For Rent $4,000 0.0% --
12/16/2019 12/16/19 Sold $477,500 -2.5% $280 / Sq Ft
11/16/2019 11/16/19 Pending -- -- --
08/17/2019 08/17/19 For Sale $489,900 +10.1% $287 / Sq Ft
04/29/2016 04/29/16 Sold $445,000 -1.1% $261 / Sq Ft
03/30/2016 03/30/16 Pending -- -- --
02/03/2016 02/03/16 For Sale $450,000 +29.7% $264 / Sq Ft
08/07/2015 08/07/15 Sold $347,000 -16.4% $203 / Sq Ft
07/08/2015 07/08/15 Pending -- -- --
04/25/2015 04/25/15 For Sale $415,000 +16.9% $243 / Sq Ft
03/10/2014 03/10/14 Sold $354,900 -1.4% $208 / Sq Ft
02/08/2014 02/08/14 Pending -- -- --
01/07/2014 01/07/14 For Sale $359,900 -- $211 / Sq Ft

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 $11,910 $676,702 -- --
2023 $7,020 $426,816 $0 $0
2022 $6,950 $414,384 $0 $0
2021 $6,906 $402,315 $0 $0
2020 $6,805 $396,760 $172,500 $224,260
2019 $7,440 $384,449 $150,000 $234,449
2018 $6,460 $343,592 $147,168 $196,424
2017 $6,297 $329,798 $107,422 $222,376
2016 $6,049 $309,207 $0 $0
2015 $6,021 $298,226 $0 $0
2014 $5,279 $256,133 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Robyn Rosen

    Compass Florida LLC

    (917) 209-1370

    142 Total Sales

    Robyn Rosen
    Section Image
  • Linda Cervantes

    Seller's Agent in 2019

    Linda Cervantes

    United Realty Group, Inc

    (561) 313-4975

    78 Total Sales

    Linda Cervantes
    Section Image
  • Brian Eichler

    Seller's Agent in 2016

    Brian Eichler

    The Keyes Company

    (954) 554-6030

    31 Total Sales

    Brian Eichler
    Section Image

  • Z

    Buyer's Agent in 2016

    Zeynep Girisgen

    Boca Real Estators

    (561) 306-6593

    11 Total Sales

    Zeynep Girisgen
    Section Image

  • D

    Seller's Agent in 2015

    Deborah Sehres

    Inactive member

  • C

    Seller's Agent in 2014

    Clare Dello Russo

    For Sale By Lenders, Inc

See All Agents

Map

Florida Palm Beach County Boca Raton 33486 Royal Oak Hills

501 SW 8th Terrace, Boca Raton, FL

This home is located at 501 SW 8th Terrace, Boca Raton, FL 33486 and is currently estimated at $862,284, approximately $505 per square foot. 501 SW 8th Terrace is a home located in Palm Beach County with nearby schools including Addison Mizner 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.

Nearby Homes