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1963 Southwest 16th Street

1963 Southwest 16th Street, Boca Raton, FL 33486
Sold Sep 01, 2000
$437,000
$462,000 by Suntrust Bank
Mortgage Due Dec 07, 2037
Sold Jul 07, 1998
$359,000
$287,000 by World Savings Bank
Mortgage
1963 Southwest 16th Street has been categorized by the local assessors in Boca Raton, FL as a residential type of property. The building on the property was first built in 1988 and is 36 years old. However, we must point out that the home was most recently renovated and altered in 1993. The home has a total of 5 bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1963 Southwest 16th Street has 3,479 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,590 ft and across the front of the lot is 880 ft. The area measurement of the land has been determined as 13,965 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 588 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a open porch and a screened patio. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The building has a gable or hip style roof made of concrete. The exterior walls of the building are made of concrete block. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1963 Southwest 16th Street sold most recently in Jan 1, 1970 for a total of $437,000. If you work out the math, that's approximately a cost of $90.91 per sqft. Before that, the property was also sold for $359,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $14,644 in taxes each year. 1963 Southwest 16th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $585,788. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 588
  • Parking Space Count: 2
  • Patio Type: Patio - screened
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 13,965
  • Lot Size Depth Feet: 1,590
  • Lot Size Frontage Feet: 880
  • Total Building Area: 4,807
  • Gross Building Area: 4,807
  • Building Area: 3,479
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,479
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROYAL OAK LANDING
  • Land Acres: 0.321
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ROYAL OAK LANDING SEC 3 LT 71

Ownership

  • Current Owner : FRENCH WILLIAM C
  • Current Owner 2: FRENCH SUZANNE R
  • Previous Owner : ADLER MICHAEL W
  • Previous Owner 2: ADLER CYNTHIA L
  • Owner Before Previous Owner: CRUM DAVID
  • Owner Before Previous Owner 2: GIUSEFFI MARY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 007615

Zoning

  • Zoning: R1A-PUD

Geography

  • Assessors Map Reference: 431
  • Parcel: 06-42-47-35-20-000-0710
  • Lot: 71
  • Meridian: SEC 35 TWN 47S RNG 42E
  • Municipality: BOCA RATON
  • Latitude: 26.3354
  • Longitude: -80.1237

    Address

  • Full Address: 1963 Sw 16th St
  • Address - House Number: 1963
  • Street Direction: SW
  • Address - Street Name: 16th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Boca Raton
  • Carrier Code: C041
  • 4-Digit Zip Code: 8520
  • Zip Code: 33486

Valuation

    Tax

  • Total Area: 3,992
  • Tax Year: 2023
  • Tax Amount: $14,644
  • Tax Rate Code Area: 6154

    Appraisal Valuation

  • Standard Deviation: 0.1968
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 1,646,028
  • High Value: 1,970,071
  • Low Value: 1,321,985

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $462,000
  • First Open Lien Mortgage Lender: SUNTRUST BANK
  • First Open Lien Mortgage Recording Date: Dec 07, 2007
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $462,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Dec 07, 2037

    Market Valuation

  • Market Total Value: $1,419,223
  • Market Land Value: $757,269
  • Market Improvement Value: $661,954

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $585,788

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Recording Date: Sep 01, 2000
  • Current Sale Transaction ID: 1077248453
  • Current Sale Price: $437,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 07, 1998
  • Previous Sale Amount: $359,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHASE MANHATTAN MORTGAGE CORP
  • First Mortgage Transaction Date: Sep 01, 2000
  • First Mortgage Loan Amount: $349,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: WORLD SAVINGS BANK
  • Previous Mortgage Transaction Date: Jul 07, 1998
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $287,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Royal Oak Landing



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Frequently Asked Questions

What neighborhood is 1963 Southwest 16th Street located in?
The 1963 Southwest 16th Street is a located in the neighborhood of Royal Oak Landing in Royal Oak Landing, Boca Raton.
What is the average sales price for listings in 1963 Southwest 16th Street?
The average sales price for units in 1963 Southwest 16th Street is $0 currently.

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