NOT LISTED FOR SALE

7601 NE 7th Terrace Boca Raton, FL 33487

Estimated Value: $2,028,000 - $2,312,170

5 Beds
4.5 Baths
3,338 Sq Ft
$647/Sq Ft Est. Value

Last Sold July 07, 2016

Last sale price $900,000 $270 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $13,003/month

244 Days on Market

Highlights

  • Private Pool
  • Marble Flooring
  • Jettted Tub and Separate Shower in Primary Bathroom
  • Boca Raton Community Middle School Rated A-
  • Garden View
  • Mediterranean Architecture

About This Home

As of July 2016

East Boca finest updated estate. Impact Glass, New roof, new kitchen and baths,High Ceilings open floor plan with all new flooring thru out and large yard corner lot.

Last Agent to Sell the Property

Bruce Ring

Lenson Realty License #662649 Listed on: 10/06/2015

Last Buyer's Agent

Karen Kennedy PA

Coldwell Banker/BR License #531659

Coldwell Banker/BR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,965

Year Built

  • Built in 1989

Lot Details

  • 0.39 Acre Lot
  • Sprinkler System

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Garden
  • Pool

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 3,338 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Built-In Features
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass

Pool

  • Private Pool

Schools

  • J. C. Mitchell Elementary School
  • Boca Raton Community Middle School
  • Boca Raton Community High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 06434632260000010

Community Details

Overview

  • Morningside Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,965

Year Built

Built in 1989

Lot Details

0

HOA Fees

$42 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Federal Hwy to NE 74th ST east to NE 7 Ave (AKA NE Orchid Bay) Left follow the curve to NE 7th Terrace (AKA NE Morningside Ter)
  • Year Built: 1989
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Bidet, Built-in Features, Dining Area, Separate/Formal Dining Room, Dual Sinks, Eat-in Kitchen, Jetted Tub, Separate Shower, Walk-In Closet(s), Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Hardwood, Marble, Wood
  • Living Area: 3338.0
  • Dining Room Type: Laundry
  • Stories: 1
  • Window Features: Impact Glass

Exterior Features

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

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Two or More Spaces

Utilities

  • Security: Security System
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 42.0
  • Senior Community: No
  • Amenities: Trail(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: J. C. Mitchell
  • High School: Boca Raton Community
  • Middle Or Junior School: Boca Raton Community

Lot Info

  • Parcel #: 06434632260000010
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 17144.0
  • Zoning Description: res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 11965.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2015
Closed on
Jul 7, 2016
Sold by
Fawzi Franklin M
Bought by
Kenney John W and Kenney Carla Marie
Seller's Agent
Bruce Ring
Lenson Realty
Buyer's Agent
Karen Kennedy PA
Coldwell Banker/BR
List Price
$1,100,000
Sold Price
$900,000
Premium/Discount to List
-$200,000
-18.18%
Current Estimated Value
$2,161,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,261,043
Avg. Annual Appreciation
9.87%

Purchase Details

Closed on
Jun 18, 2014
Sold by
Big Choice Llc
Bought by
Fawzi Franklin M

Purchase Details

Closed on
Oct 4, 2013
Sold by
Maxakoulis Theodora
Bought by
Big Choice Llc

Purchase Details

Closed on
Apr 4, 2006
Sold by
Maxakoulis Theodora
Bought by
Maxakoulis Theodora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$833,000
Interest Rate
1%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 10, 2003
Sold by
Maxakoulis Theodora
Bought by
Maxakoulis Theodora

Purchase Details

Closed on
Jul 1, 2002
Sold by
Maxakoulis Theodora and Maxakoulis Vasilious
Bought by
Maxakoulis Theodora

Purchase Details

Closed on
Aug 6, 2001
Sold by
Maxakoulis Theodora
Bought by
Maxakoulis Theodora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
7.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2001
Sold by
Ranjit Mirchandani M and Maya Mirchandani M
Bought by
Maxakoulis Theodora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
7.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 1998
Sold by
Chase Manhattan Mrtg Corp
Bought by
Mirchandani Ranjit and Mirchandani Maya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
6.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 1998
Sold by
Clerk Of The Court
Bought by
Chase Manhattan Mortgage Corp
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
Kenney John W $900,000 Tri County Title & Escrow In
Fawzi Franklin M $581,000 Consumers First Title Co Inc
Big Choice Llc $578,500 None Available
Maxakoulis Theodora -- All American Title & Abstrac
Maxakoulis Theodora -- --
Maxakoulis Theodora -- --
Maxakoulis Theodora -- --
Maxakoulis Theodora $619,500 --
Mirchandani Ranjit $325,000 --
Chase Manhattan Mortgage Corp $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maxakoulis Theodora $833,000
Previous Owner Chase Manhattan Mortgage Corp $368,000
Previous Owner Chase Manhattan Mortgage Corp $292,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2016 07/07/16 Sold $900,000 -18.2% $270 / Sq Ft
06/07/2016 06/07/16 Pending -- -- --
10/06/2015 10/06/15 For Sale $1,100,000 -- $330 / 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 $19,532 $820,178 -- --
2023 $17,236 $745,616 $518,674 $861,627
2022 $14,224 $677,833 $0 $0
2021 $11,450 $616,212 $252,000 $364,212
2020 $13,090 $707,252 $204,000 $503,252
2019 $13,296 $698,274 $204,000 $494,274
2018 $12,995 $714,451 $241,731 $472,720
2017 $13,642 $739,450 $185,947 $553,503
2016 $13,102 $692,471 $0 $0
2015 $13,204 $674,957 $0 $0
2014 -- $602,739 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10173602

BeachesMLS

APN: 06-43-46-32-26-000-0010