EXTRAORDINARY VALUE: PRICE JUST REDUCED BY OVER HALF A MILLION DOLLARS. Poised with distinction in the exclusive gated Addison Estates community, the architectural marvel known as 428 Addison Park Lane stands as a testament to refined elegance and grandeur. This opulent community, nestled within the gates of The Boca Raton, showcases stunning lake and golf course views. This remarkable property offers a picturesque vista that epitomizes the very essence of luxury living. This one-story European-inspired estate boasts a total of 5,084 SF and an interior SF of 4,510. In addition, this gleaming property features four bedrooms, five full bathrooms, and a beautifully appointed powder room.
Property Details
Property Features
Property Information:
Architectural Style: < 4 Floors, European
Year Built: 1993
Stories: 1
Living Area: 4,510 SqFt
Listing Office:
Office Name: Douglas Elliman
Office Phone: (561) 245-2635
Listing Agent: Senada Adzem
Interior Features
Interior Information:
Appliances: Cooktop, Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
Flooring Type: Other, Wood Floor
Interior: Built-in Shelves, Ctdrl/Vault Ceilings, Custom Mirror, Foyer, French Door, Pantry, Roman Tub, Walk-in Closet
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 5
Total Bedroom Count: 4
Exterior Features
Exterior Information:
Private Pool: Yes
Waterfront: Lake Front
View: Garden, Golf Course, Lake
Exterior: Auto Sprinkler, Open Patio, Zoned Sprinkler
Boca Raton Community High School, Public Magnet Grades 9-12
Boca Raton Middle School, Public Magnet Grades 6-8
Boca Raton Elementary School, Public Magnet Grades KG-5
Other
Directions Information:
Directions: Use gate for The Boca Raton on Palmetto Park Road and 5th Avenue. Proceed through the gate and entrance to Addison Estates will be on your right hand side. Listing agent will provide 2nd gate access.
Price Information
Listing Price Info
Price Summary:
List Price: $5,750,000
Price Per SqFt: $1,275/SqFt
HOA Fees:
Amount: $1693
Frequency: Monthly
Tax Information:
Annual Amount: $35,673
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Boca Raton, FL.
This property is $5.1M more than the Median Sold Price and $939/SqFt more than other homes in Boca Raton, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #RX-10933133
Listing Office:
Office Name: Douglas Elliman
Office Phone: (561) 245-2635
Listing Agent: Senada Adzem
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.
This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/3/2024, 7:20:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Sep 12, 2001
Sep 12, 2001Home Sold
$2,600,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$35,673
$1,957,860
2019
$36,704
$1,957,860
2018
$34,003
$1,897,627
2017
$32,799
$1,801,022
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$30.4K
Per Month
Principal & Interest
$28.6K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$1,693
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$17.3K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
6
/10
Boca Raton Elementary School
103 SW 1st Ave
Distance between this listing and this school0.59 miles
Public Magnet Grades KG-5
Middle School
6
/10
Boca Raton Middle School
1251 NW 8th St
Distance between this listing and this school2.22 miles
Public Magnet Grades 6-8
High School
6
/10
Boca Raton Community High School
1501 NW 15th Ct
Distance between this listing and this school2.52 miles
Public Magnet Grades 9-12
Assigned Schools
6
/10
Boca Raton Elementary School
103 SW 1st Ave
Distance between this listing and this school0.59 miles
Public Magnet Grades KG-5
Nearby Schools
9
/10
Somerset Academy Boca East
333 SW 4th Ave
Distance between this listing and this school0.93 miles
Public Charter Grades KG-5
6
/10
J. C. Mitchell Elementary School
2470 NW 5th Ave
Distance between this listing and this school1.96 miles
Public District Grades KG-5
Assigned Schools
6
/10
Boca Raton Middle School
1251 NW 8th St
Distance between this listing and this school2.22 miles
Public Magnet Grades 6-8
Nearby Schools
9
/10
Somerset Academy Boca Middle School
333 SW 4th Ave
Distance between this listing and this school0.93 miles
Public Charter Grades 6-8
3
/10
Deerfield Beach Middle School
701 SE 6th Ave
Distance between this listing and this school2.78 miles
Public Magnet Grades 6-8
Assigned Schools
6
/10
Boca Raton Community High School
1501 NW 15th Ct
Distance between this listing and this school2.52 miles
Public Magnet Grades 9-12
Nearby Schools
10
/10
A.D. Henderson University School & Fau High School
777 Glades Rd Bldg 26
Distance between this listing and this school2.28 miles
Public District Grades KG-12
3
/10
Deerfield Beach High School
910 SW 15th St
Distance between this listing and this school4.29 miles
The neighbors living near this home have an average income of $108,418. The most common annual income of people living in Boca Raton, FL is $200k+. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 428 Addison Park Ln
What is the listing price of this property?
The listing price of 428 Addison Park Ln property is $5,750,000.
What type of property is this?
The property 428 Addison Park Ln is a house located in Boca Raton, Florida, 33432.
Is this property for sale now?
Active Listing: 428 Addison Park Ln is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 428 Addison Park Ln are: Boca Raton Elementary School: GreatSchools Rating 6/10Boca Raton Middle School: GreatSchools Rating 6/10Boca Raton Community High School: GreatSchools Rating 6/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $35,673 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on September 12, 2001 for $2,600,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 428 Addison Park Ln has 4 bedrooms and 5 full and 1 half bathrooms.
What is the square footage of this property?
The property 428 Addison Park Ln is 4,510 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 428 Addison Park Ln is 1993.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 428 Addison Park Ln in Boca Raton, FL and zip code 33432 in the Addison Estates neighborhood. This 4,510 square foot home was built in 1993. Features: 4 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since November 03, 2023 and is currently priced at $5,750,000.
In April 2024 more than 20 listings in Boca Raton, FL were sold above the asking price. During the same period more than 41 listings were sold at asking price, while more than 323 were sold below. The number of listings in Boca Raton, FL increased by 3.8% between March 2024 and April 2024. In April 2024 median list price was $610,164 and the average listing age was 65 days.
From Rocket Homes Real Estate and based on county public records data.