NOT LISTED FOR SALE

550 NE 5th Ave Boca Raton, FL 33432

Estimated Value: $5,614,000 - $17,824,287

7 Beds
7 Baths
8,222 Sq Ft
$1,378/Sq Ft Est. Value

About This Home

This home is located at 550 NE 5th Ave, Boca Raton, FL 33432 and is currently estimated at $11,332,762, approximately $1,378 per square foot. 550 NE 5th Ave 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2024
Sold by
Three Jays Limited
Bought by
550 Ne 4Th Land Trust and 550 Ne 4Th Llc
Current Estimated Value
$11,332,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,750,000
Outstanding Balance
$12,636,980
Interest Rate
6.32%
Mortgage Type
Construction
Estimated Equity
-$4,356,735

Purchase Details

Closed on
Mar 24, 2001
Sold by
John J Hargreaves M and John Jamey Hargreaves
Bought by
Three Jays Ltd

Purchase Details

Closed on
Sep 8, 2000
Sold by
Schwartz Robin B and Lehman Barry A
Bought by
Hargreaves John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 1998
Sold by
Eleanor Rudolfo and Eleanor Panigrosso
Bought by
Schwartz Robin B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 1995
Sold by
Panigrosso Rudolfo and Panigrosso Eleanor
Bought by
Panigrosso Rudolfo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,430,000
Interest Rate
7.76%

Purchase Details

Closed on
Dec 3, 1993
Sold by
Panigrosso Rudolfo and Panigrosso Eleanor
Bought by
Panigrosso Rudolfo

Purchase Details

Closed on
Dec 2, 1993
Sold by
Panigrosso Rudolfo and Panigrosso Eleanor
Bought by
Panigrosso Rudolfo
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
550 Ne 4Th Land Trust $19,025,072 None Listed On Document
550 Ne 4Th Land Trust $19,025,072 None Listed On Document
Three Jays Ltd -- --
Hargreaves John J $5,875,000 --
Schwartz Robin B $1,800,000 --
Panigrosso Rudolfo -- --
Panigrosso Rudolfo -- --
Panigrosso Rudolfo -- --
Panigrosso Rudolfo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 550 Ne 4Th Land Trust $13,750,000
Closed 550 Ne 4Th Land Trust $13,750,000
Previous Owner Schwartz Robin B $50,000
Previous Owner Schwartz Robin B $364,203
Previous Owner Schwartz Robin B $1,000,000
Previous Owner Panigrosso Rudolfo $1,430,000
Source: Public Records

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 $179,091 $9,559,251 -- --
2023 $149,466 $8,690,228 $6,325,000 $2,365,228
2022 $144,299 $8,198,062 $0 $0
2021 $144,236 $8,170,948 $5,075,000 $3,095,948
2020 $136,248 $8,148,823 $5,040,000 $3,108,823
2019 $123,842 $6,905,514 $4,550,000 $2,355,514
2018 $104,979 $5,895,075 $3,480,960 $2,414,115
2017 $107,214 $5,924,499 $3,480,960 $2,443,539
2016 $108,240 $5,768,946 $0 $0
2015 $100,869 $5,244,496 $0 $0
2014 $102,441 $5,261,553 $0 $0
Source: Public Records

Map

Florida Palm Beach County Boca Raton 33432

550 NE 5th Ave, Boca Raton, FL

This home is located at 550 NE 5th Ave, Boca Raton, FL 33432 and is currently estimated at $11,332,762, approximately $1,378 per square foot. 550 NE 5th Ave 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.

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