NOT LISTED FOR SALE

8602 Shoreacres St Boca Raton, FL 33434

Estimated Value: $2,057,917 - $2,318,000

6 Beds
5.5 Baths
4,193 Sq Ft
$522/Sq Ft Est. Value

Last Sold January 26, 2024

Last sale price $2,100,000 $501 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $14,367/month

39 Days on Market

Highlights

  • Lake Front
  • Media Room
  • Clubhouse
  • Sunrise Park Elementary School Rated A-
  • Gated Community
  • Loft

About This Home

As of January 2024

DESIGNER READY!! Spacious Laguna model on oversized private lot! Home is brand new with builder warranty and no wait! This new home features Impact glass, garage space for 3 cars, porcelain tile floors, premium lake view, upgraded kitchen/baths, ceramic tile, dual master baths, walk-in closets, gourmet kitchen, covered patio. Close to freeways, mall, shops, schools, and entertainment.Enjoy the amazing Country Club like amenities at the Lotus Palm Clubhouse. Featuring pickelball, tennis, indoor/outdoor basketball, splash pad, cafe and more.

Last Agent to Sell the Property

Maria Olskaia

Realty Investments Group LLC License #3348940 Listed on: 12/02/2023

Last Buyer's Agent

Jordan Lederman

Fortune International Realty License #3245821

Fortune International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,466

Year Built

  • Built in 2023

Lot Details

  • 8,098 Sq Ft Lot
  • Lake Front

HOA Fees

  • $679 Monthly HOA Fees

Parking

  • 3 Car Garage

Interior Spaces

  • 4,193 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Media Room
  • Loft
  • Sun or Florida Room
  • Tile Flooring
  • Lake Views
  • Fire and Smoke Detector
  • Dryer

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • Separate Shower in Primary Bathroom

Utilities

  • Cooling Available
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 00424717190001300

Community Details

Overview

  • Boca Raton Golf Course Pu Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Community Pool

Security

  • Resident Manager or Management On Site
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,466

Year Built

Built in 2023

Lot Details

0

HOA Fees

$679 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Glades road to Golf Course Road. Follow past gate. Turn left at stop sign first right then first left. Home is first on left
  • Year Built: 2023
  • Year Built Details: Resale
  • Special Features: 4098

Interior Features

  • Interior Amenities: High Ceilings, Split Bedrooms, Separate Shower, Loft
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Trash Compactor
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Tile
  • Living Area: 4193.0
  • Dining Room Type: Florida Room, Loft, Media Room
  • Stories: 2

Exterior Features

  • View: Lake
  • Lot Features: < 1/4 Acre
  • Pool Features: None, Association, Community
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Garage Yn: Yes

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 679.0
  • Community Features: Clubhouse, Gated, Pickleball, Property Manager On-Site, Pool, Street Lights, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Clubhouse, Management, Pickleball, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 00424717190001300
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 8098.0
  • Zoning Description: res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4466.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2023
Closed on
Jan 26, 2024
Sold by
Gailis Aleksandrs and Gailis Natalie
Bought by
Chawla Satyajeet and Chawla Anshu
Seller's Agent
Maria Olskaia
Realty Investments Group LLC
Buyer's Agent
Jordan Lederman
Fortune International Realty
List Price
$2,249,000
Sold Price
$2,100,000
Premium/Discount to List
-$149,000
-6.63%
Views
33
Current Estimated Value
$2,189,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,729
Avg. Annual Appreciation
2.26%
Original Mortgage
$1,500,000
Outstanding Balance
$1,466,915
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$722,814

Purchase Details

Closed on
Nov 3, 2023
Sold by
Boca Raton Associates Ix Lllp
Bought by
Gailis Aleksandrs and Gailis Natalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,658,300
Interest Rate
7.49%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Chawla Satyajeet $2,110,000 Weston Title & Escrow
Chawla Satyajeet $2,110,000 Weston Title & Escrow
Gailis Aleksandrs $1,951,038 Nova Title Company
Gailis Aleksandrs $1,951,038 Nova Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chawla Satyajeet $1,500,000
Closed Chawla Satyajeet $1,500,000
Previous Owner Gailis Aleksandrs $1,658,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2024 01/26/24 Sold $2,100,000 -6.6% $501 / Sq Ft
01/11/2024 01/11/24 Pending -- -- --
12/02/2023 12/02/23 For Sale $2,249,000 -- $536 / 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
2025 $26,039 $1,598,363 -- --
2024 $26,039 $1,572,351 -- --
2023 $4,466 $269,000 -- --
Source: Public Records

Agents Affiliated with this Home

  • Maria Olskaia

    Seller's Agent in 2024

    Maria Olskaia

    Realty Investments Group LLC

    (415) 710-4916

    79 Total Sales

    Maria Olskaia
    Section Image
  • Jordan Lederman

    Buyer's Agent in 2024

    Jordan Lederman

    Fortune International Realty

    (248) 701-5200

    70 Total Sales

    Jordan Lederman
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10940206

BeachesMLS

APN: 00-42-47-17-19-000-1300

Florida Palm Beach County Boca Raton 33434

8602 Shoreacres St, Boca Raton, FL

Not Listed for Sale

Detached

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.

Nearby Homes