NOT LISTED FOR SALE

Estimated Value: $463,839 - $540,000

3 Beds
2 Baths
1,408 Sq Ft
$351/Sq Ft Est. Value

Last Sold July 25, 2018

Last sale price $326,000 $232 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,133/month

80 Days on Market

Highlights

  • Lake Front
  • Room in yard for a pool
  • 2 Car Attached Garage
  • Crystal Lakes Elementary School Rated A-
  • Attic
  • Walk-In Closet

About This Home

As of July 2018

Beautifully located on the Lake in a desired Rainbow Lakes community in Boynton Beach. BRAND NEW ROOF less than a year old. Granite top upgraded kitchen with new stainless steel appliances. Tiled floor, Newly painted inside & outside. Covered screened patio recently built. Best schools in Boynton. Low HOA.

Last Agent to Sell the Property

Mahmud Rahman

CENTURY 21 Tenace Realty License #3366244 Listed on: 04/05/2018

CENTURY 21 Tenace Realty

Last Buyer's Agent

Susan Ryan

Champagne & Parisi Real Estate License #3024564

Champagne & Parisi Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,203

Year Built

  • Built in 1991

Lot Details

  • 5,735 Sq Ft Lot
  • Lake Front
  • Fenced
  • Property is zoned RTS

HOA Fees

  • $120 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,408 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring
  • Attic

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Room in yard for a pool
  • Patio

Utilities

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

Community Details

  • Association fees include cable TV, recreation facilities
  • Colors @ Rainbow Lakes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00424514170001180

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,203

Year Built

Built in 1991

Lot Details

0

HOA Fees

$120 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Between Jog to Gateway, East to Tourmaline Blvd (Entrance of Colors). Make first left and follow to 8625 Tourmaline Blvd. Home on the right.
  • Year Built: 1991
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Walk-In Closet(s), Attic
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile
  • Living Area: 1408.0
  • Dining Room Type: Attic, Laundry
  • Stories: 1

Exterior Features

  • Exterior Features: Fence, Patio, Room For Pool
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Association Fee: 120.0
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Cable TV, Recreation Facilities

Lot Info

  • Parcel #: 00424514170001180
  • Lot Size Sq Ft: 5735.0
  • Zoning Description: RTS
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2203.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2018
Closed on
Jul 25, 2018
Sold by
Kasem Mohammed A and Kasem Nahid
Bought by
Farinas Lauren Sarah
Seller's Agent
Mahmud Rahman
CENTURY 21 Tenace Realty
Buyer's Agent
Susan Ryan
Champagne & Parisi Real Estate
List Price
$359,900
Sold Price
$326,000
Premium/Discount to List
-$33,900
-9.42%
Current Estimated Value
$494,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,710
Avg. Annual Appreciation
5.95%
Original Mortgage
$320,095
Outstanding Balance
$279,648
Interest Rate
4.87%
Mortgage Type
FHA
Estimated Equity
$215,062

Purchase Details

Closed on
Mar 20, 2002
Sold by
Cracchiolo Timothy P and Cracchiolo Allison E
Bought by
Kasem Mohammed A and Kasem Nahid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
6.86%
Source: Public Records

Range of Values:

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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
Farinas Lauren Sarah $326,000 Sweet Settlements Llc
Kasem Mohammed A $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farinas Lauren Sarah $320,095
Previous Owner Kasem Mohammed A $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2018 07/25/18 Sold $326,000 -9.4% $232 / Sq Ft
06/25/2018 06/25/18 Pending -- -- --
04/05/2018 04/05/18 For Sale $359,900 -- $256 / 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 $4,677 $300,236 -- --
2023 $4,558 $291,491 $0 $0
2022 $4,514 $283,001 $0 $0
2021 $4,478 $274,758 $125,735 $149,023
2020 $4,551 $277,084 $0 $0
2019 $5,203 $270,854 $132,000 $138,854
2018 $4,376 $231,395 $119,224 $112,171
2017 $2,203 $145,432 $0 $0
2016 $2,199 $142,441 $0 $0
2015 $2,245 $141,451 $0 $0
2014 $2,249 $140,328 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10420526

BeachesMLS

APN: 00-42-45-14-17-000-1180