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518 NE 48th St, Boca Raton, FL, 33431

$370,000

Home List Price

$4,394*

Closing Credit

2 Bedrooms
2 Full Baths
1,350 SqFt
$274/SqFt
House
Schools Nearby

Location

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518 NE 48th St, Boca Raton$370,000

Buyer Closing Credits

$4,394*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Parking2+ Spaces, Driveway, Garage - Attached, Guest, Slab Strip
Attached Garage1 space
Year Built1992
HeatingCentral
CoolingCeiling Fan(s), Central Air
WaterfrontNone
ViewGarden
MLS #RX-10961549
StatusAccepting Backup Offers
(Active Under Contract)

About 518 NE 48th St

518 NE 48th Street is a beautiful 1-story 2/2 Villa with an attached 1-car garage. Features a spacious floor plan, vaulted ceilings in the main areas, full-size washer and dryer, walk-in closet, and huge private fenced-in back and side yards. Perfectly located in the residential neighborhood of Villa Rica.Close distance to I-95, best schools shopping, restaurants & beaches. Villas De La Costa Condo Association has not been active for many years. No restrictions or fees. Great Rental Property. The other half of this villa is available for sale # 520 which is a 3/3 2-story townhouse with a 2-car garage. Also available in same community 521 NE 47th Street. All properties are rented by very long-term Tenants & they have been paying below fair market value. Tenant on Month to Month

Property Details

Property Features

Property Information:

  • Architectural Style: Villa
  • Year Built: 1992
  • Stories: 1
  • Living Area: 1,350 SqFt

Listing Office:

  • Office Name: RE/MAX Services
  • Office Phone: (561) 912-3500
  • Listing Agent: Lisa Galano

Interior Features

Interior Information:

  • Appliances: Automatic Garage Door Opener, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Flooring Type: Tile
  • Interior: Ctdrl/Vault Ceilings, Entry Lvl Lvng Area, Foyer, Split Bedroom, Walk-in Closet

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: Garden
  • Exterior: Auto Sprinkler, Fence, Open Patio, Shutters

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: 2+ Spaces, Driveway, Garage - Attached, Guest, Slab Strip

Virtual/3D Tour

  • Virtual Tour: 518 NE 48th St

Virtual Tour

Lot Features

Lot Information:

  • Lot: Interior Lot, Paved, Sidewalk, Trees

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Ceiling Fan(s), Central Air

School Info

Assigned Schools Information:

  • Boca Raton Community High School, Public Magnet Grades 9-12
  • Boca Raton Middle School, Public Magnet Grades 6-8
  • J. C. Mitchell Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Federal Highway South of Yamato Road head West on NE 48th Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $370,000
  • Price Per SqFt: $274/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $3,003
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Boca Raton, FL.

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Boca Raton, FL

City

Med. Sold Price

$601K

Med. Price/SqFt

$332

Avg. Days On Market

53

# of Sold Homes

312

518 NE 48th St vs Boca Raton

66 DAYS ON ROCKET

+13 Days

$370,000

-$231K Less

$274/SqFt

-$59 Less

KEY TAKEAWAY

This property is $231K less than the Median Sold Price and $59/SqFt less than other homes in Boca Raton, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-10961549

Listing Office:

  • Office Name: RE/MAX Services
  • Office Phone: (561) 912-3500
  • Listing Agent: Lisa Galano

IDXAll 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: 4/27/2024, 6:25:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 19, 1998Home Sold
$240,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,003$153,000
2019$2,993$148,000
2018$2,683$138,000
2017$2,533$128,000

History based on county public records data.

Payment Calculator

$1,914

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,176

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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

school-card-donut-1057341
6
/10

  • J. C. Mitchell Elementary School

  • 2470 NW 5th Ave

  • 1.56 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1057342
6
/10

  • Boca Raton Middle School

  • 1251 NW 8th St

  • 3.14 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-1057343
6
/10

  • Boca Raton Community High School

  • 1501 NW 15th Ct

  • 3.05 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,889. Most Boca Raton, FL residents have annual incomes between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 518 NE 48th St

What is the listing price of this property?

The listing price of 518 NE 48th St property is $370,000.

What type of property is this?

The property 518 NE 48th St is a house located in Boca Raton, Florida, 33431.

Is this property for sale now?

Accepting Backup Offers: 518 NE 48th St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 518 NE 48th St are:
J. C. Mitchell Elementary School: GreatSchools Rating 6/10
Boca Raton Middle School: GreatSchools Rating 6/10
Boca 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 $3,003 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 19, 1998 for $240,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 518 NE 48th St has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 518 NE 48th St is 1,350 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 518 NE 48th St is 1992.

Rocket Homes›Florida›Palm Beach County›Boca Raton›33431›518 NE 48th St

This home is located at 518 NE 48th St in Boca Raton, FL and zip code 33431 in the Villa Rica neighborhood. This 1,350 square foot home was built in 1992. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 21, 2024 and is currently priced at $370,000.

Boca Raton, FL housing market in March 2024 saw over 22 listings sold above listed price, more than 33 sold at listed price and over 257 sold below. The inventory of homes for sale in Boca Raton, FL between February 2024 and March 2024 increased by 7.4%. Listings spent 53 days on the market in March 2024, and had a median list price of $601,056 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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