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4161 Northwest 2nd Terrace

4161 Northwest 2nd Terrace, Boca Raton, FL 33431
Property in University Hill
Refi Jul 02, 1997
Transfer
$76,000 by World Savings & Loan Assn
Mortgage
4161 Northwest 2nd Terrace 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 1968 and is 56 years old. However, we must point out that the home was most recently renovated and altered in 1982. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 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, 4161 Northwest 2nd Terrace has 1,246 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 1,000 ft and across the front of the lot is 750 ft. The area measurement of the land has been determined as 7,501 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 carport for those who require parking. The garage measured 247 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a porch and a patio. 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 D by the local assessor. The building has a gable or hip style roof made of asphalt. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $2,809 in taxes each year. 4161 Northwest 2nd Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $184,297. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1968
  • Effective Year Built: 1982
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: D
  • 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: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 247
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 7,501
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,825
  • Gross Building Area: 1,825
  • Building Area: 1,246
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,246
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: UNIVERSITY HILL 2ND
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: UNIVERSITY HILL 2ND SEC LOT 11 BLK 3

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 007202

Zoning

  • Zoning: R-1-D

Geography

  • Assessors Map Reference: 387
  • Parcel: 06-43-47-08-11-003-0110
  • Block: 3
  • Lot: 11
  • Meridian: SEC 08 TWN 47S RNG 43E
  • Municipality: BOCA RATON
  • Latitude: 26.3876
  • Longitude: -80.0871

    Address

  • Full Address: 4161 Nw 2nd Ter
  • Address - House Number: 4161
  • Street Direction: NW
  • Address - Street Name: 2nd
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Boca Raton
  • Carrier Code: C027
  • 4-Digit Zip Code: 4120
  • Zip Code: 33431

Valuation

    Tax

  • Total Area: 1,439
  • Tax Year: 2023
  • Tax Amount: $2,809
  • Tax Rate Code Area: 6154

    Appraisal Valuation

  • Standard Deviation: 0.1816
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 569,551
  • High Value: 673,035
  • Low Value: 466,067

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $76,000
  • First Open Lien Mortgage Lender: WORLD SAVINGS & LOAN ASSN
  • First Open Lien Mortgage Recording Date: Jul 02, 1997
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $76,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Recording Date: Jul 02, 1997
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2

    Market Valuation

  • Market Total Value: $448,786
  • Market Land Value: $243,900
  • Market Improvement Value: $204,886

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $184,297

    Exemptions

  • Homeowner Exemption: Yes

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Frequently Asked Questions

What neighborhood is 4161 Northwest 2nd Terrace located in?
The 4161 Northwest 2nd Terrace is a located in the neighborhood of University Hill in Boca Raton Hills, Boca Raton.
What is the average sales price for listings in 4161 Northwest 2nd Terrace?
The average sales price for units in 4161 Northwest 2nd Terrace is $0 currently.

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