NOT LISTED FOR SALE

534 NW 7th Ave Boca Raton, FL 33486

Estimated Value: $2,902,000 - $4,450,000

5 Beds
6 Baths
3,958 Sq Ft
$848/Sq Ft Est. Value

Last Sold December 30, 2020

Last sale price $2,495,000 $630 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $20,011/month

661 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Property has ocean access
  • Newly Remodeled
  • Addison Mizner Elementary School Rated A-
  • Home Theater
  • 4-minute walk to J. Patrick Lynch Golden Fig Park

About This Home

As of December 2020

Nestled by exotic flowering foliage this newly built waterfront estate is discovered just steps away from historic Old Floresta. Featuring over 5,400 total square feet this spacious floor plan combines elegance and modern convenience with 5 bedrooms, home theatre, 4.5 baths, cabana bath, butler's pantry, and dock with ocean access. Bevolo gas lanterns illuminate the grand entry of this architectural masterpiece with a sprawling backyard amidst lemon eucalyptus, leyland cypress trees, bamboo, and maple. Hardwood wide plank walnut flooring, impact glass, custom millwork, and dual gas and wood burning fireplaces create a warmth and airiness throughout the entire home. The Downsview gourmet kitchen with center cook island, Wolf 8 burner stove,

Last Agent to Sell the Property

Lauren Lispi

RE/MAX Select Group License #BK704402 Listed on: 02/07/2019

RE/MAX Select Group

Last Buyer's Agent

Rochelle LeCavalier

Douglas Elliman License #3135840

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,883

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • 7,500 Sq Ft Lot
  • 75 Feet of Waterfront
  • Home fronts navigable water
  • Sprinkler System
  • Fruit Trees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Canal
  • Garden
  • Pool

Home Design

  • Frame Construction
  • Concrete Roof

Interior Spaces

  • 3,958 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Skylights
  • Decorative Fireplace
  • Blinds
  • Entrance Foyer
  • Family Room
  • Home Theater

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Heated Pool
  • Property has ocean access
  • Patio

Utilities

  • Zoned Heating and Cooling
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 06434719060170050

Community Details

Overview

  • Old Floresta Area Subdivision, Custom Home Floorplan

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,883

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Palmetto Park Road west of Federal Hwy. Make Right on Paloma Avenue. Right on Aurelia Street. Left on NW 7th Avenue. Home is on the right on the water.
  • Year Built: 2015
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: 4098

Interior Features

  • Interior Amenities: Breakfast Bar, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Fireplace, Garden Tub/Roman Tub, Pantry, Split Bedrooms, Skylights, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s), Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Living Area: 3958.0
  • Dining Room Type: Family Room, In-Law Suite, Laundry, Media Room
  • Stories: 2
  • Window Features: Blinds, Impact Glass, Skylight(s)

Exterior Features

  • Exterior Features: Fruit Trees, Patio
  • View: Canal, Garden, Pool
  • Road Frontage Type: Waterfront
  • Lot Features: Sprinklers Automatic
  • Pool Features: Heated, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Navigable Water, Ocean Access
  • Waterfront: Yes
  • Disclosures: Pet on Property
  • Construction Type: Block, Frame
  • Patio And Porch Features: Patio
  • Property Condition: New Construction
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener

Utilities

  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Trail(s)
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 06434719060170050
  • Lot Size Sq Ft: 7500.0
  • Zoning Description: res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 15883.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2019
Closed on
Dec 30, 2020
Sold by
Wells Jay and Wells Katherine
Bought by
Mozeleski Richard and Mozeleski Kathy
Seller's Agent
Lauren Lispi
RE/MAX Select Group
Buyer's Agent
Rochelle LeCavalier
Douglas Elliman
List Price
$2,950,000
Sold Price
$2,495,000
Premium/Discount to List
-$455,000
-15.42%
Current Estimated Value
$3,357,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$862,916
Avg. Annual Appreciation
6.40%
Original Mortgage
$1,596,000
Outstanding Balance
$1,440,420
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,893,180

Purchase Details

Closed on
May 6, 2014
Sold by
Wells Jay and Wells Katherine
Bought by
Wells Jay and Wells Katherine

Purchase Details

Listed on
Dec 11, 2012
Closed on
Dec 4, 2012
Sold by
Hamilton Jeffrey D
Bought by
Wells Jay
Seller's Agent
Sharon Arnett
Keller Williams Realty Services
Buyer's Agent
Caron Mcginley
Keller Williams Realty Services
Sold Price
$1,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.91%

Purchase Details

Closed on
Jul 26, 1993
Sold by
Hamilton Jeffrey D and Hamilton Janet P
Bought by
Hamilton Jeffrey D
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
Mozeleski Richard $2,495,000 Attorney
Wells Jay $60,750 None Available
Wells Jay $455,000 Florida Advantage Title & Es
Hamilton Jeffrey D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mozeleski Richard $1,596,000
Previous Owner Wells Jay $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2020 12/30/20 Sold $2,495,000 -15.4% $630 / Sq Ft
11/30/2020 11/30/20 Pending -- -- --
02/07/2019 02/07/19 For Sale $2,950,000 0.0% $745 / Sq Ft
12/11/2012 12/11/12 For Rent $1,950 0.0% --
12/11/2012 12/11/12 Rented $1,950 0.0% --
12/04/2012 12/04/12 Sold $455,000 -9.0% $303 / Sq Ft
11/04/2012 11/04/12 Pending -- -- --
09/04/2012 09/04/12 For Sale $500,000 -- $333 / 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 $20,998 $1,259,438 -- --
2023 $20,543 $1,222,755 $0 $0
2022 $20,383 $1,187,141 $0 $0
2021 $20,314 $1,152,564 $0 $0
2020 $16,868 $956,760 $0 $0
2019 $16,950 $935,249 $0 $0
2018 $15,883 $917,811 $383,862 $533,949
2017 $16,075 $914,936 $0 $0
2016 $16,124 $896,118 $0 $0
2015 $5,862 $301,141 $0 $0
2014 $8,475 $423,026 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10502744

BeachesMLS

APN: 06-43-47-19-06-017-0050