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5037 Northwest 3rd Terrace

5037 Northwest 3rd Terrace, Boca Raton, FL 33431
Sold Oct 19, 2016
$330,000
$264,000 by Homebridge Financial Services
Mortgage Due Nov 01, 2046
Sold Aug 01, 2016
$330,000
5037 Northwest 3rd Terrace in Boca Raton, FL was first built in 1959 and is 65 years old. Although, the building on the property was most recently renovated and altered in 1989. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5037 Northwest 3rd Terrace has 1,350 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 750 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 7,501 square feet.

Learn more about the property and building on this page. There is a open porch and a screened patio. The home has a gable or hip style roof made of asphalt. For those who need parking, there is a carport. The garage is 240 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of concrete block. While the interior walls are made of plaster. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with electricity. The property was last sold in Oct 14, 2016 for $330,000. That's $180.62 per sqft. Prior to that sales transaction, the property was also sold in Aug 1, 2016 for $330,000. 5037 Northwest 3rd Terrace was last assessed in 2023. The total value of the property was assessed at $301,606. 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 $4,822. 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! 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: 1959
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 3
  • 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: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Terrazzo
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: Patio - screened
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,501
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,827
  • Gross Building Area: 1,827
  • Building Area: 1,350
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,350
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: UNIVERSITY HEIGHTS
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: UNIVERSITY HEIGHTS LT 30 BLK 3

Ownership

  • Current Owner : MCPHEROSN ERIC
  • Current Owner 2: MCPHEROSN TAYLOR
  • Previous Owner : MCCORMICK NANCY
  • 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: 06-43-47-08-01-003-0300
  • Block: 3
  • Lot: 30
  • Meridian: SEC 08 TWN 47S RNG 43E
  • Municipality: BOCA RATON
  • Latitude: 26.394
  • Longitude: -80.0874

    Address

  • Full Address: 5037 Nw 3rd Ter
  • Address - House Number: 5037
  • Street Direction: NW
  • Address - Street Name: 3rd
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Boca Raton
  • Carrier Code: C029
  • 4-Digit Zip Code: 4703
  • Zip Code: 33431

Valuation

    Tax

  • Total Area: 1,471
  • Tax Year: 2023
  • Tax Amount: $4,822
  • Tax Rate Code Area: 6154

    Appraisal Valuation

  • Standard Deviation: 0.1926
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 652,000
  • High Value: 777,598
  • Low Value: 526,403

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $264,000
  • First Open Lien Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Oct 19, 2016
  • First Open Lien Mortgage Loan Amount: $264,000
  • 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: Nov 01, 2046

    Market Valuation

  • Market Total Value: $541,307
  • Market Land Value: $243,900
  • Market Improvement Value: $297,407

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $301,606

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 14, 2016
  • Current Sale Recording Date: Oct 19, 2016
  • Current Sale Transaction ID: 1844030701
  • Current Sale Price: $330,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20160369355
  • Previous Sale Recording Date: Aug 01, 2016
  • Previous Sale Contract Date: Aug 01, 2016
  • Previous Sale Amount: $330,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Mortgage Transaction Date: Oct 19, 2016
  • First Mortgage Loan Amount: $264,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2046

About Boca Raton Hills



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Frequently Asked Questions

What neighborhood is 5037 Northwest 3rd Terrace located in?
The 5037 Northwest 3rd Terrace is a located in the neighborhood of University Heights in Boca Raton Hills, Boca Raton.
What is the average sales price for listings in 5037 Northwest 3rd Terrace?
The average sales price for units in 5037 Northwest 3rd Terrace is $0 currently.

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