$354,900
SOLD MAR 10, 2014

501 SW 8th Terrace Boca Raton, FL 33486

Royal Oak Hills Neighborhood
3 Beds
2.5 Baths
1,706 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$208 Per Sq Ft

1% Below List Price

31 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • 1 Car Attached Garage
  • Addison Mizner Elementary School Rated A-
  • Great Room
  • Built-In Features

About This Home

As of December 2019

Must See this 3Bed/2.5Bath SFH in Boca Raton! Newly Painted Home features an attached 1 car garage with extra space, wood and tile floors, beautiful granite and wood kitchen open to the great room and large living spaces; Inside Utility room, Master Bath has dual sinks, shower has multiple shower heads; The fenced backyard has a pavered patio on the side with trellis and a large rear yard as well. This Fannie Mae Property is approved for special HomePath Mtg & HomePath Renovation Mtg Financing. Purchase this property for as little as 5% down!

Last Agent to Sell the Property

Clare Dello Russo

For Sale By Lenders, Inc License #318041 Listed on: 01/07/2014

Last Buyer's Agent

Steve Streichler

The Keyes Company License #3036089

The Keyes Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,726

Year Built

  • Built in 1964

Lot Details

  • 8,712 Sq Ft Lot
  • Fenced

HOA Fees

  • $9 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 1,706 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Blinds
  • Sliding Windows
  • French Doors
  • Great Room
  • Family Room
  • Water Views
  • Electric Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Royal Oak Hills 2Nd Sec Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06434730100200120

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,726

Year Built

Built in 1964

Lot Details

0

HOA Fees

$9 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: From Federal Hwy; Go West on Camino Real; Go North on SW 8th Terrace to property on Left
  • Year Built: 1964
  • Year Built Details: Resale
  • Special Features: RealEstateOwned

Interior Features

  • Interior Amenities: Built-in Features, French Door(s)/Atrium Door(s), Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Electric Range
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Flooring: Tile, Wood
  • Living Area: 1706.0
  • Dining Room Type: Family Room, Great Room, Storage Room
  • Stories: 1
  • Window Features: Blinds, Sliding

Exterior Features

  • Exterior Features: Fence, Patio
  • View: Other, Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Spanish Tile, Tile

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association Fee: 9.0
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 06434730100200120
  • Lot Size Sq Ft: 8712.0
  • Zoning Description: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 4726.0

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
$844,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$367,268
Avg. Annual Appreciation
10.11%
Original Mortgage
$382,000
Outstanding Balance
$338,234
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$492,442

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:

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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 Type Sale Price Title Company
Warranty Deed $477,500 South Florida Title Assc Llc
Warranty Deed $445,000 Mariner Title Co
Warranty Deed $347,000 Attorney
Special Warranty Deed $354,900 Attorney
Trustee Deed -- None Available
Warranty Deed $392,500 None Available
Warranty Deed $310,000 Kms Title Company Llc
Quit Claim Deed $100 --
Deed $115,700 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $382,000 New Conventional
Previous Owner $356,000 New Conventional
Previous Owner $300,111 FHA
Previous Owner $266,175 New Conventional
Previous Owner $357,750 Unknown
Previous Owner $78,400 Credit Line Revolving
Previous Owner $274,400 Purchase Money Mortgage
Previous Owner $60,000 Balloon
Previous Owner $294,500 Purchase Money Mortgage
Previous Owner $130,000 New Conventional
Previous Owner $104,000 New Conventional
Previous Owner $104,000 New Conventional
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
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 $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

    32 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

Source: BeachesMLS

MLS Number: R10005583

BeachesMLS

APN: 06-43-47-30-10-020-0120

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 priced at $354,900, approximately $208 per square foot. This property was built in 1964. 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.

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.

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