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4401 Northwest 2nd Terrace

4401 Northwest 2nd Terrace, Boca Raton, FL 33431
Property in University Hill
Sold Jul 11, 2014
$203,500
$408,133 by Optimumbank
Mortgage Due Dec 29, 2052
Local assessors in Boca Raton, FL have categorized 4401 Northwest 2nd Terrace as a residential type of property. The home was built in 1970 and is 54 years old. It was most recently renovated and altered in 1990. The property's lot size has been calculated to be 10,280 square feet. The linear feet between the front and back of the lot was measured at 1,100 ft and the front of the lot was measured at 550 ft. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4401 Northwest 2nd Terrace has a total of 1,227 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. Do you like to entertain? The home has both a screened porch and a screened patio so you'll have great options in both the front and back of the home. 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 masonry 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 - C. The building has a gable or hip style roof that was made of asphalt. 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 gypsum boards such as those made of drywall, sheetrock, etc. 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. The property was last sold in Jun 19, 2014 for $203,500. That's $116.75 per sqft. 4401 Northwest 2nd Terrace was last assessed in 2023. The total value of the property was assessed at $366,354. 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 $7,341. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1970
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • 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
  • Parking Space Count: 0
  • Patio Type: Patio - screened
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 10,280
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,743
  • Gross Building Area: 1,743
  • Building Area: 1,227
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,227
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: UNIVERSITY HILL 2ND
  • Land Acres: 0.236
  • Standard Land Use Code: Single family residential
  • Legal Description 1: UNIVERSITY HILL 2ND SEC LOT 4 BLK 3

Ownership

  • Current Owner : YEKUTIEL ANDREA
  • Previous Owner : SOMERVILLE EVELYN L
  • Previous Owner 2: SOMERVILLE LOUIS

Neighborhood

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

Zoning

  • Zoning: R-1-D

Geography

  • Assessors Map Reference: 387
  • Parcel: 06-43-47-08-11-003-0040
  • Block: 3
  • Lot: 4
  • Meridian: SEC 08 TWN 47S RNG 43E
  • Municipality: BOCA RATON
  • Latitude: 26.3891
  • Longitude: -80.0872

    Address

  • Full Address: 4401 Nw 2nd Ter
  • Address - House Number: 4401
  • Street Direction: NW
  • Address - Street Name: 2nd
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Boca Raton
  • Carrier Code: C027
  • 4-Digit Zip Code: 4122
  • Zip Code: 33431

Valuation

    Tax

  • Total Area: 1,411
  • Tax Year: 2023
  • Tax Amount: $7,341
  • Tax Rate Code Area: 6154

    Appraisal Valuation

  • Standard Deviation: 0.0861
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 93
  • Final Value: 533,218
  • High Value: 579,148
  • Low Value: 487,289

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $408,133
  • First Open Lien Mortgage Lender: OPTIMUMBANK
  • First Open Lien Mortgage Recording Date: Dec 29, 2022
  • First Open Lien Mortgage Loan Amount: $408,133
  • 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: Dec 29, 2052

    Market Valuation

  • Market Total Value: $476,452
  • Market Land Value: $262,600
  • Market Improvement Value: $213,852

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $366,354

    Sales

  • Current Sale Contract Date: Jun 19, 2014
  • Current Sale Recording Date: Jul 11, 2014
  • Current Sale Transaction ID: 1077265226
  • Current Sale Price: $203,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20140258148

    Last Sale Mortgage

  • First Mortgage Lender: 1ST UNITED BANK
  • First Mortgage Transaction Date: Jul 11, 2014
  • First Mortgage Loan Amount: $162,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: Jun 19, 2044

    Financing

  • First Mortgage Financing Type: Variable

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Frequently Asked Questions

What neighborhood is 4401 Northwest 2nd Terrace located in?
The 4401 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 4401 Northwest 2nd Terrace?
The average sales price for units in 4401 Northwest 2nd Terrace is $0 currently.

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