NOT LISTED FOR SALE

7432 NE 8th Terrace Boca Raton, FL 33487

Estimated Value: $3,652,000 - $7,617,000

3 Beds
4 Baths
3,983 Sq Ft
$1,445/Sq Ft Est. Value

Last Sold December 18, 2015

Last sale price $2,037,500 $512 Per Sq Ft

Est. 182% increase in value since last sale

Current estimated payment $33,353/month

275 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Concrete Pool
  • Marble Flooring
  • Boca Raton Community Middle School Rated A-
  • Roman Tub
  • Formal Dining Room

About This Home

As of December 2015

RARE DIRECT INTRACOASTAL IN PRESTIGIOUS BOCA BAY COLONY!!! Nestled in the estate homes of Boca Bay Colony, pride of ownership is evident in every detail of this gracious home, including marble floors, custom cabinetry, and a fabulous wall of windows on the Intracoastal. Each of the 3 bedrooms has its own luxurious bathroom. There's a well-appointed cabana bath along with the cabana itself at the south end of the pool deck, which along with the pool was completely redone in 2007 with Saturnia. Roof is from 2005; there are 2 a/c units and 2 hot water heaters. Entire house, pool and pool deck on pilings. Full-house generator with 500 gallon propane tank. Central vacuum system, Jennair cook-top. Huge interior laundry/office.

Last Agent to Sell the Property

Ellen Bonder

Florida's Best Realty Services License #3270505 Listed on: 02/15/2015

Last Buyer's Agent

Nancy Maione

Illustrated Properties LLC (Co License #140119

Illustrated Properties LLC (Co

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,771

Year Built

  • Built in 1979

Lot Details

  • 0.29 Acre Lot
  • Property fronts an intracoastal waterway
  • Cul-De-Sac
  • Fenced
  • Sprinkler System
  • Property is zoned R1B

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Property Views

  • Intracoastal
  • Pool

Home Design

  • Concrete Roof

Interior Spaces

  • 3,983 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Sliding Windows
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Marble Flooring

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Stacked Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Roman Tub

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Intercom
  • Impact Glass

Pool

  • Concrete Pool
  • Pool Equipment or Cover

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Water Softener is Owned
  • Cable TV Available

Community Details

  • Boca Bay Colony Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06434632170040281

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,771

Year Built

Built in 1979

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Federal Highway north to right on NE 74th Street, immediate left on NE 7th Ave, follow to the end; house one lot from end on NE Orchid Bay Terrace
  • Year Built: 1979
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Family/Dining Room, Garden Tub/Roman Tub, Split Bedrooms, Stacked Bedrooms, Walk-In Closet(s), Central Vacuum, Intercom
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Water Softener Owned, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Flooring: Marble
  • Living Area: 3983.0
  • Dining Room Type: Family Room, Laundry
  • Stories: 1
  • Window Features: Drapes, Impact Glass, Sliding

Exterior Features

  • Exterior Features: Fence
  • View: Intercoastal, Pool
  • Lot Features: Cul-De-Sac, Sprinklers Automatic
  • Pool Features: Concrete, Pool Equipment, Pool
  • Pool Private: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • 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, Circular Driveway, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: In Garage, Laundry Tub
  • Other Equipment: Intercom
  • Security: Security System
  • Cooling: Central Air, Electric
  • 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

  • Association Fee: 17.0
  • Community Features: Street Lights, Sidewalks
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 06434632170040281
  • Lot Size Sq Ft: 12817.0
  • Zoning Description: R1B
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 26771.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2015
Closed on
Dec 18, 2015
Sold by
Mitchell Ruth Marie and Ruth Marie Mitchell Living Tru
Bought by
Deutsch Ronald S
Seller's Agent
Ellen Bonder
Florida's Best Realty Services
Buyer's Agent
Nancy Maione
Illustrated Properties LLC (Co
List Price
$2,400,000
Sold Price
$2,037,500
Premium/Discount to List
-$362,500
-15.1%
Current Estimated Value
$5,754,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,716,830
Avg. Annual Appreciation
11.09%

Purchase Details

Closed on
Jun 10, 2015
Sold by
Mitchell Ruth Marie
Bought by
Mitchell Ruth Marie and Ruth Marie Mitchell Living Trust
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
Deutsch Ronald S $2,037,500 Attorney
Mitchell Ruth Marie -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2015 12/18/15 Sold $2,037,500 -15.1% $512 / Sq Ft
11/18/2015 11/18/15 Pending -- -- --
02/15/2015 02/15/15 For Sale $2,400,000 -- $603 / 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 $37,884 $2,247,002 -- --
2023 $37,082 $2,181,555 $0 $0
2022 $36,817 $2,118,015 $0 $0
2021 $36,723 $2,056,325 $1,495,000 $561,325
2020 $28,478 $1,559,411 $1,469,000 $90,411
2019 $27,740 $1,475,491 $1,300,000 $175,491
2018 $27,161 $1,512,257 $1,308,885 $203,372
2017 $30,307 $1,662,932 $1,454,316 $208,616
2016 $31,723 $1,697,783 $0 $0
2015 $26,660 $1,416,580 $0 $0
2014 $26,771 $1,405,337 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10111761

BeachesMLS

APN: 06-43-46-32-17-004-0281