NOT LISTED FOR SALE

8772 Quiet Inlet Ln Boca Raton, FL 33496

The Oaks Neighborhood

Estimated Value: $1,983,445 - $2,431,000

5 Beds
7 Baths
4,484 Sq Ft
$499/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $1,400,000 $312 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $13,145/month

Highlights

  • Gated with Attendant
  • Private Pool
  • High Ceiling
  • Whispering Pines Elementary School Rated A-
  • Clubhouse
  • Tennis Courts

About This Home

As of August 2021

Brand new, modern build located in the esteemed Lotus community! This palatial home offers 5 bedrooms and 7 bathrooms of luxury living, nestled in a quiet, gated community. The home offers a plethora of upgrades throughout, including privacy hedges, light fixtures, electric blackout shades, and window treatments. The home also features an expansive and private pool and patio. The community itself offers a 26,000 sq ft, resort-style clubhouse with pools, lounges, fitness center, and a cafe, to name a few.

Last Agent to Rent the Property

Vince Spadea Jr.

Douglas Elliman License #3423395 Listed on: 07/07/2021

Douglas Elliman

Last Renter's Agent

Vince Spadea Jr.

Douglas Elliman License #3423395 Listed on: 07/07/2021

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,055

Year Built

  • Built in 2019

Lot Details

  • 6,621

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 4,484 Sq Ft Home
  • High Ceiling
  • Tile Flooring

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 7 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Balcony
  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Property Available on 8/1/21
  • Assessor Parcel Number 00424632040001440

Community Details

Amenities

  • Clubhouse
  • Game Room
  • Business Center

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Pool

Additional Features

  • Lotus Subdivision
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,055

Year Built

Built in 2019

Lot Details

0

Parking

2

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2021-08-01

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Take Lyons Rd to ''Lotus'' Entrance
  • Year Built: 2019
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: High Ceilings
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 7
  • Total Bedrooms: 5
  • Flooring: Tile
  • Living Area: 4484.0
  • Dining Room Type: Laundry

Exterior Features

  • Exterior Features: Balcony, Patio
  • Pool Features: Pool, Association, Community
  • Pool Private: Yes
  • Waterfront: No
  • Patio And Porch Features: Balcony, Open, Patio, Porch

Garage/Parking

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

Utilities

  • Security: Gated with Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Game Room, Gated, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Business Center, Clubhouse, Pool, Tennis Court(s)
  • Pets Allowed: No

Lot Info

  • Parcel #: 00424632040001440

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2021
Closed on
Apr 12, 2021
Sold by
Gidwani Narendra Chandru and Gidwani Daenna Lynne
Bought by
Parr Cory
Seller's Agent
Michael Catino
Champagne & Parisi Real Estate
Buyer's Agent
Vince Spadea Jr.
Douglas Elliman
List Price
$1,350,000
Sold Price
$1,400,000
Premium/Discount to List
$50,000
3.7%
Current Estimated Value
$2,156,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$756,512
Avg. Annual Appreciation
10.60%
Original Mortgage
$1,400,000
Outstanding Balance
$1,277,640
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$887,804

Purchase Details

Closed on
Dec 27, 2019
Sold by
Boca Raton Associates Viii Lllp
Bought by
Gidwani Narendra Chandru and Gidwani Daenna Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
3%
Mortgage Type
New Conventional
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
Parr Cory $1,400,000 Title Company Of South Fl
Gidwani Narendra Chandru $952,830 Nova Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parr Cory $1,400,000
Previous Owner Gidwani Narendra Chandru $760,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2021 08/28/21 Rented $17,000 -26.1% --
07/29/2021 07/29/21 Under Contract -- -- --
07/07/2021 07/07/21 For Rent $23,000 0.0% --
04/16/2021 04/16/21 Sold $1,400,000 +3.7% $312 / Sq Ft
03/23/2021 03/23/21 For Sale $1,350,000 -- $301 / 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 $16,055 $999,276 -- --
2023 $15,702 $970,171 $0 $0
2022 $15,609 $941,914 $0 $0
2021 $15,568 $873,153 $130,000 $743,153
2020 $16,059 $893,235 $113,000 $780,235
2019 $1,665 $91,000 $0 $91,000
Source: Public Records

Agents Affiliated with this Home

  • Michael Catino

    Seller's Agent in 2021

    Michael Catino

    Champagne & Parisi Real Estate

    (561) 281-7383

    1 in this area

    91 Total Sales

    Section Image

  • V

    Landlord's Agent in 2021

    Vince Spadea Jr.

    Douglas Elliman

    (561) 655-8600

    2 in this area

    22 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10729198

BeachesMLS

APN: 00-42-46-32-04-000-1440

Florida Palm Beach County Boca Raton 33496 The Oaks

8772 Quiet Inlet Ln, Boca Raton, FL

This home is located at 8772 Quiet Inlet Ln, Boca Raton, FL 33496 since 07 July 2021 and is currently priced at $2,238,111. This property was built in 2019. 8772 Quiet Inlet Ln is a home located in Palm Beach County with nearby schools including Whispering Pines Elementary School, Eagles Landing Middle School, and Olympic Heights Community High.

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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