NOT LISTED FOR SALE

555 SW 8th Terrace Boca Raton, FL 33486

Royal Oak Hills Neighborhood

Estimated Value: $753,000 - $827,441

3 Beds
2 Baths
1,573 Sq Ft
$506/Sq Ft Est. Value

Last Sold September 07, 2023

Last sale price $727,000 $462 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,301/month

19 Days on Market

Highlights

  • Concrete Pool
  • Garden View
  • Breakfast Area or Nook
  • Addison Mizner Elementary School Rated A-
  • Mediterranean Architecture
  • Circular Driveway

About This Home

As of September 2023

The Old Adage, LOCATION, LOCATION, LOCATION, was Never More on Target, when it comes to this Fantastic 3 Bedroom 2 Bath Gem, with an Oversized Screened-in Swimming Pool, that is a Blank Canvas & Ready for One Lucky Buyer to make it Their Home! The Lushly Landscaped, Oversized, Tropically Planted Parcel is only the Beginning of this One-of-a- Kind Opportunity! Situated in one the most Prime of Locations, East of I95 & 5 minutes to the Beach, in Royal Oak Hills. Close to Everything that makes Boca Raton a Fantastic Place to Live, including the finest Restaurants, the Best Shopping, including Mizner Park & 2 Minutes to the 5 Star, Boca Raton Resort! Inviting, Useful & Imposing, there is a Circular Driveway that leads to the Entry, which opens to the Extra Spacious Tile Living Room & Dining

Last Agent to Sell the Property

Joseph Borzillieri

The Corcoran Group License #3042603 Listed on: 07/28/2023

The Corcoran Group

Last Buyer's Agent

Andy Mandel

RE/MAX Advisors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,866

Year Built

  • Built in 1964

Lot Details

  • 8,800 Sq Ft Lot
  • Fenced
  • Interior Lot
  • Sprinkler System
  • Property is zoned R1D(ci

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Circular Driveway

Property Views

  • Garden
  • Pool

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 1,573 Sq Ft Home
  • 1-Story Property
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Double Hung Metal Windows
  • Bay Window
  • Family Room
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Stacked Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Concrete Pool

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Royal Oak Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06434730100200130

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,866

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: I95 to Palmetto Park Road to South on SW 8th Terrace, on the West side of the Street.
  • Year Built: 1964
  • Architectural Style: Mediterranean, Ranch
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Breakfast Area, Living/Dining Room, Stacked Bedrooms, Walk-In Closet(s), Bay Window
  • Private Spa: No
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile
  • Living Area: 1573.0
  • Dining Room Type: Family Room, Laundry
  • Stories: 1
  • Window Features: Double Hung, Metal

Exterior Features

  • Exterior Features: Fence
  • View: Garden, Pool
  • Lot Features: Interior Lot, Sprinklers Automatic, < 1/4 Acre
  • Pool Features: Concrete, Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Security System
  • Cooling: Central Air, Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 06434730100200130
  • Lot Size: < 1/4 Acre,Interior Lot,
  • Lot Size Sq Ft: 8800.0
  • Zoning Description: R1D(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8866.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2023
Closed on
Sep 1, 2023
Sold by
Sharpe Marcia
Bought by
Gilbraith Thomas Joseph and Wystrach-Gilbraith Audrey
Seller's Agent
Joseph Borzillieri
The Corcoran Group
Buyer's Agent
Andy Mandel
RE/MAX Advisors
List Price
$724,900
Sold Price
$727,000
Premium/Discount to List
$2,100
0.29%
Views
52
Current Estimated Value
$796,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,360
Avg. Annual Appreciation
6.46%
Original Mortgage
$654,300
Outstanding Balance
$643,164
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$180,227

Purchase Details

Closed on
Oct 18, 2005
Sold by
Sharpe Family Llc
Bought by
Sharpe Thomas L and Sharpe Marcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,000
Interest Rate
6.29%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 26, 2005
Sold by
Johnson Arthur and Johnson Ruth G
Bought by
Sharpe Family Llc

Purchase Details

Closed on
Apr 21, 2000
Sold by
Hinds Anne E
Bought by
Johnson Arthur and Johnson Ruth G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 1994
Sold by
Minter Robert E and Minter Joan E
Bought by
Hinds Anne E

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
7.1%
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
Gilbraith Thomas Joseph $727,000 None Listed On Document
Sharpe Thomas L -- --
Sharpe Family Llc $178,000 --
Johnson Arthur $200,000 --
Hinds Anne E $142,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilbraith Thomas Joseph $654,300
Previous Owner Sharpe Thomas L $281,750
Previous Owner Sharpe Thomas L $343,000
Previous Owner Johnson Arthur $180,000
Previous Owner Hinds Anne E $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2023 09/07/23 Sold $727,000 +0.3% $462 / Sq Ft
08/16/2023 08/16/23 Pending -- -- --
08/16/2023 08/16/23 Price Changed $724,900 0.0% $461 / Sq Ft
08/10/2023 08/10/23 Pending -- -- --
07/28/2023 07/28/23 For Sale $724,900 -- $461 / 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 $11,637 $701,357 -- --
2023 $10,442 $501,898 $331,315 $393,207
2022 $8,866 $456,271 $0 $0
2021 $7,862 $414,792 $172,500 $242,292
2020 $7,620 $401,600 $172,500 $229,100
2019 $7,544 $386,068 $150,000 $236,068
2018 $6,706 $357,456 $147,168 $210,288
2017 $6,564 $344,633 $107,422 $237,211
2016 $6,286 $319,449 $0 $0
2015 $6,053 $290,408 $0 $0
2014 $5,467 $264,007 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Joseph Borzillieri

    The Corcoran Group

    (561) 801-2284

    1 in this area

    114 Total Sales

    Joseph Borzillieri
    Section Image

  • A

    Buyer's Agent in 2023

    Andy Mandel

    RE/MAX

See All Agents

Map

Source: BeachesMLS

MLS Number: R10907566

BeachesMLS

APN: 06-43-47-30-10-020-0130

Florida Palm Beach County Boca Raton 33486 Royal Oak Hills

555 SW 8th Terrace, Boca Raton, FL

This home is located at 555 SW 8th Terrace, Boca Raton, FL 33486 since 28 July 2023 and is currently estimated at $796,360, approximately $506 per square foot. This property was built in 1964. 555 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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