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424 Northeast 5th Street

424 Northeast 5th Street, Boca Raton, FL 33432
Property in Boca Villas
Sold Jun 03, 2021
$3,334,000
$2,215,500 by Bank Of America Na
Mortgage Due Jun 01, 2051
Sold Jan 05, 2017
$2,637,489
Local assessors in Boca Raton, FL have categorized 424 Northeast 5th Street as a residential type of property. The home was built in 2018 and is 6 years old. The property's lot size has been calculated to be 13,155 square feet. The linear feet between the front and back of the lot was measured at 1,550 ft and the front of the lot was measured at 850 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 6 full bathrooms. There are also 7 partial bathrooms. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 424 Northeast 5th Street has a total of 6,130 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 719 sqft. Do you like to entertain? The home has both a porch and a patio so you'll have great options in both the front and back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete block control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B+. The building has a flat style roof that was made of metal. Lots of concrete block were used in the construction of the exterior walls of the home. While the walls in the interior have been made of decorative/custom materials. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in May 27, 2021 for $3,334,000. That's $405.60 per sqft. Prior to that sales transaction, the property was also sold in Dec 19, 2016 for $2,637,489. 424 Northeast 5th Street was last assessed in 2023. The total value of the property was assessed at $3,044,863. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $51,708. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Building Condition: Average
  • Building Quality: B+
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Decorative/custom materials
  • Roof Shape Type: Flat
  • Roof Cover Type: Metal
  • Floor Count: 3
  • Living Units: 1
  • Floor Cover: Concrete
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 719
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 13,155
  • Lot Size Depth Feet: 1,550
  • Lot Size Frontage Feet: 850
  • Total Building Area: 8,220
  • Gross Building Area: 8,220
  • Building Area: 6,130
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 6,130
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BOCA VILLAS
  • Land Acres: 0.302
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BOCA VILLAS SEC B LT 7 BLK 8

Ownership

  • Current Owner : FREEDMAN JOSHUA
  • Current Owner 2: FREEDMAN KARA
  • Previous Owner : PINATE ROGER
  • Previous Owner 2: GONZALEZ MARIANGELA
  • Owner Before Previous Owner: MAYER ROBERT H
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 007501

Zoning

  • Zoning: R-1-D

Geography

  • Assessors Map Reference: 412
  • Parcel: 06-43-47-20-17-008-0070
  • Block: 8
  • Lot: 7
  • Meridian: SEC 20 TWN 47S RNG 43E
  • Municipality: BOCA RATON
  • Latitude: 26.3549
  • Longitude: -80.0795

    Address

  • Full Address: 424 Ne 5th St
  • Address - House Number: 424
  • Street Direction: NE
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Boca Raton
  • Carrier Code: C001
  • 4-Digit Zip Code: 4053
  • Zip Code: 33432

Valuation

    Tax

  • Total Area: 6,489
  • Tax Year: 2023
  • Tax Amount: $51,708
  • Tax Rate Code Area: 6154

    Appraisal Valuation

  • Standard Deviation: 0.1761
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 5,195,660
  • High Value: 6,111,078
  • Low Value: 4,280,242

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,215,500
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Jun 03, 2021
  • First Open Lien Mortgage Loan Amount: $2,215,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Market Valuation

  • Market Total Value: $3,957,606
  • Market Land Value: $1,318,705
  • Market Improvement Value: $2,638,901

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,044,863

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 27, 2021
  • Current Sale Recording Date: Jun 03, 2021
  • Current Sale Transaction ID: 11840700906
  • Current Sale Price: $3,334,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210257174
  • Previous Sale Recording Date: Jan 05, 2017
  • Previous Sale Contract Date: Dec 19, 2016
  • Previous Sale Amount: $2,637,489
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Jun 03, 2021
  • First Mortgage Loan Amount: $2,215,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

About Boca Villas



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Frequently Asked Questions

What neighborhood is 424 Northeast 5th Street located in?
The 424 Northeast 5th Street is a located in the neighborhood of Boca Villas in Boca Villas, Boca Raton.
What is the average sales price for listings in 424 Northeast 5th Street?
The average sales price for units in 424 Northeast 5th Street is $0 currently.

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