NOT LISTED FOR SALE

540 Kay Terrace Boca Raton, FL 33432

Estimated Value: $3,159,000 - $5,852,000

3 Beds
2.5 Baths
2,599 Sq Ft
$1,882/Sq Ft Est. Value

Last Sold April 30, 2020

Last sale price $2,625,000 $1,010 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $31,437/month

224 Days on Market

Highlights

  • Waterfront Tip Lot
  • Heated Pool
  • Canal View
  • Boca Raton Community Middle School Rated A-
  • Canal Access
  • Marble Flooring

About This Home

As of April 2020

A RARE OPPORTUNITY TO PURCHASE A TROPHY WATERFRONT PROPERTY!! THIS SOUTHEAST POINT LOT PROPERTY (.32 ACRES) OFFERS THE ULTIMATE BOATER'S LIFESTYLE!LOCATED IN THE HIGHLY DESIRABLE COMMUNITY OF GOLDEN HARBOUR, AND JUST MINUTES TO THE BOCA INLET AND THE ATLANTIC OCEAN.THIS SPECIAL PROPERTY OFFERS 219 FEET OF WATER FRONTAGE AND FEATURES A CONCRETE, BATTER PILED SEAWALL WITH PROTECTED DOCKAGE FOR MULTIPLE YACHTING VESSELS. DOCKAGE IS 202 FEET IN TOTAL LENGTH.THE WELL MAINTAINED THREE BEDROOM, DEN, TWO AND ONE HALF BATH HOME WAS RENOVATED IN 2010 AND OFFERS IMPACT WINDOWS AND DOORS THROUGHOUT. QUALITY UPGRADES INCLUDE UPDATED BATHS AND KITCHEN WITH THERMADOR and KITCHEN AIDE APPLIANCES, AND QUARTZITE COUNTERTOPS.

Last Agent to Sell the Property

JULIE ANN GIACHETTI

One Sotheby's International Realty License #511838 Listed on: 08/19/2019

One Sotheby's International Realty

Last Buyer's Agent

JULIE ANN GIACHETTI

One Sotheby's International Realty License #511838 Listed on: 08/19/2019

One Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,532

Year Built

  • Built in 1972

Lot Details

  • 0.32 Acre Lot
  • Waterfront Tip Lot
  • Cul-De-Sac
  • Sprinkler System
  • Property is zoned R1B(ci

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Concrete Roof

Interior Spaces

  • 2,599 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Canal Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Laundry Room
  • Dryer
  • Laundry Tub

Outdoor Features

  • Heated Pool
  • No Fixed Bridges
  • Canal Access
  • Patio

Utilities

  • Cooling Available
  • Central Heating
  • Cable TV Available

Community Details

  • Golden Harbour Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06434720330020060

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,532

Year Built

Built in 1972

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 Rd. east to 5th Avenue (just west of the ICW bridge). Make a left to KAY TERRACE. House is at the end on the cul-de-sac.
  • Year Built: 1972
  • Architectural Style: Ranch
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Area, Entrance Foyer, Split Bedrooms
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Marble, Tile
  • Living Area: 2599.0
  • Dining Room Type: Laundry
  • Stories: 1
  • Window Features: Blinds, Sliding

Exterior Features

  • Exterior Features: Patio
  • View: Canal
  • Lot Features: Cul-De-Sac, Sprinklers Automatic
  • Pool Features: Heated, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Canal Access, No Fixed Bridges, Point Lot
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Tub
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 06434720330020060
  • Lot Size Sq Ft: 13831.0
  • Zoning Description: R1B(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 10532.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2019
Closed on
Apr 30, 2020
Sold by
Limegrover Richard J and Limegrover Debra S
Bought by
Ben Menachem Tamir and Ben Menachem Molly
Seller's Agent
JULIE ANN GIACHETTI
One Sotheby's International Realty
Buyer's Agent
JULIE ANN GIACHETTI
One Sotheby's International Realty
List Price
$2,750,000
Sold Price
$2,625,000
Premium/Discount to List
-$125,000
-4.55%
Current Estimated Value
$4,891,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,266,082
Avg. Annual Appreciation
16.41%
Original Mortgage
$1,837,500
Outstanding Balance
$1,337,631
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$4,616,088

Purchase Details

Closed on
May 19, 1998
Sold by
Hoyer-Ellefsen Sigurd
Bought by
Limegrover Richard J and Limegrover Debra S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
7.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Ben Menachem Tamir $2,625,000 Attorney
Limegrover Richard J $505,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ben Menachem Tamir $1,837,500
Previous Owner Limegrover Richard J $417,000
Previous Owner Limegrover Richard J $300,700
Previous Owner Limegrover Richard J $250,000
Previous Owner Limegrover Richard J $404,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2020 04/30/20 Sold $2,625,000 -4.5% $1,010 / Sq Ft
03/31/2020 03/31/20 Pending -- -- --
08/19/2019 08/19/19 For Sale $2,750,000 -- $1,058 / 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 $67,278 $3,045,642 -- --
2023 $65,382 $2,768,765 $5,346,000 $137,268
2022 $52,408 $2,517,059 $0 $0
2021 $41,642 $2,288,235 $1,812,500 $475,735
2020 $11,240 $645,098 $0 $0
2019 $11,243 $628,142 $0 $0
2018 $10,532 $616,430 $0 $0
2017 $10,460 $603,751 $0 $0
2016 $10,479 $591,333 $0 $0
2015 $10,749 $587,222 $0 $0
2014 $10,792 $582,562 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    JULIE ANN GIACHETTI

    One Sotheby's International Realty

    (561) 212-0022

    34 Total Sales

    JULIE ANN GIACHETTI
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Map

Source: BeachesMLS

MLS Number: R10555356

BeachesMLS

APN: 06-43-47-20-33-002-0060

Florida Palm Beach County Boca Raton 33432

540 Kay Terrace, Boca Raton, FL

This home is located at 540 Kay Terrace, Boca Raton, FL 33432 since 19 August 2019 and is currently estimated at $4,891,082, approximately $1,881 per square foot. This property was built in 1972. 540 Kay Terrace is a home located in Palm Beach County with nearby schools including Boca Raton 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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