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398 Northwest 22nd Avenue

398 Northwest 22nd Avenue, Boca Raton, FL 33486
Property in Paradise Palms
Sold Sep 20, 2021
$650,000
$520,000 by Paramount Residential Mortgage
Mortgage Due Oct 01, 2051
Sold Oct 30, 1996
$177,000
$20,000 by Barnett Bank
Mortgage
Local assessors in Boca Raton, FL have categorized 398 Northwest 22nd Avenue as a residential type of property. The home was built in 1981 and is 43 years old. It was most recently renovated and altered in 1991. The property's lot size has been calculated to be 11,665 square feet. The linear feet between the front and back of the lot was measured at 1,030 ft and the front of the lot was measured at 1,130 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, 3 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 2 full bathrooms. There are also 3 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 398 Northwest 22nd Avenue has a total of 2,175 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 441 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a open porch and a screened 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 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 concrete. 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. 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, 398 Northwest 22nd Avenue sold most recently in Sep 8, 2021 for a total of $650,000. If you work out the math, that's approximately a cost of $210.97 per sqft. Before that, the property was also sold for $177,000 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 $10,283 in taxes each year. 398 Northwest 22nd Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $616,943. 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: 1981
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: Patio - screened
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 11,665
  • Lot Size Depth Feet: 1,030
  • Lot Size Frontage Feet: 1,130
  • Total Building Area: 3,081
  • Gross Building Area: 3,081
  • Building Area: 2,175
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,175
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARADISE PALMS
  • Land Acres: 0.268
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PARADISE PALMS UNIT NO 5 LOT 24 BLK 10

Ownership

  • Current Owner : RAKONJAC SLOBODAN
  • Current Owner 2: RAKONJAC JELENA
  • Previous Owner : BLADE WILLIAM P
  • Previous Owner 2: PAUL E BLADE LIVING TRUST
  • Owner Before Previous Owner: BIH-SHYA LINFU
  • Owner Before Previous Owner 2: BIH-SHYA CHENG
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 007612

Zoning

  • Zoning: R-1-D

Geography

  • Assessors Map Reference: 409
  • Parcel: 06-42-47-23-09-010-0240
  • Block: 10
  • Lot: 24
  • Meridian: SEC 23 TWN 47S RNG 42E
  • Municipality: BOCA RATON
  • Latitude: 26.3538
  • Longitude: -80.1279

    Address

  • Full Address: 398 Nw 22nd Ave
  • Legal Unit: 5
  • Address - House Number: 398
  • Street Direction: NW
  • Address - Street Name: 22nd
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Boca Raton
  • Carrier Code: C046
  • 4-Digit Zip Code: 3125
  • Zip Code: 33486

Valuation

    Tax

  • Total Area: 2,503
  • Tax Year: 2023
  • Tax Amount: $10,283
  • Tax Rate Code Area: 6154

    Appraisal Valuation

  • Standard Deviation: 0.1968
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 867,993
  • High Value: 1,038,870
  • Low Value: 697,117

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,040,000
  • First Open Lien Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Sep 20, 2021
  • First Open Lien Mortgage Loan Amount: $520,000
  • 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: Oct 01, 2051
  • Second Open Lien Mortgage Lender: PARAMOUNT RESID'L MTG GROUP
  • Second Open Lien Mortgage Recording Date: Sep 20, 2021
  • Second Open Lien Mortgage Loan Amount: $520,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Market Valuation

  • Market Total Value: $622,022
  • Market Land Value: $226,757
  • Market Improvement Value: $395,265

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $616,943

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 08, 2021
  • Current Sale Recording Date: Sep 20, 2021
  • Current Sale Transaction ID: 11858616027
  • Current Sale Price: $650,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210432663
  • Previous Sale Recording Date: Oct 30, 1996
  • Previous Sale Amount: $177,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARAMOUNT RESID'L MTG GROUP
  • First Mortgage Transaction Date: Sep 20, 2021
  • First Mortgage Loan Amount: $520,000
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: BARNETT BANK
  • Previous Mortgage Transaction Date: Oct 30, 1996
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $20,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Credit Line (Revolving)

About Paradise Palms



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Frequently Asked Questions

What neighborhood is 398 Northwest 22nd Avenue located in?
The 398 Northwest 22nd Avenue is a located in the neighborhood of Paradise Palms in Paradise Palms, Boca Raton.
What is the average sales price for listings in 398 Northwest 22nd Avenue?
The average sales price for units in 398 Northwest 22nd Avenue is $0 currently.

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