4998 NW 3RD TER, BOCA RATON, FL 33431

Parcel: 06434708010030240 · Single Family · Zoning: 001

Assessed Value (2026)
$324,109

Property Details

Year Built
1970
Lot Sqft
7,484

Sales History

1
$500,000
2025-03-01
2
$500,000
2025-03-19
3
$745,000+49%
2025-07-01
4
$745,000
2025-07-03
5
$745,000
2025-07-11

Tax Assessment History

$324,109
Assessed (2026)
$543,773
Market Value
$273,387
Taxable Value
$5,566
Annual Tax
2025
$324,109
$543,773
2026
$324,109
$543,773
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $324,109 $543,773 $273,387 $5,566
2025 $324,109 $543,773 $299,109 $6,090

About 4998 NW 3RD TER, BOCA RATON, FL 33431

4998 NW 3RD TER, BOCA RATON, FL 33431 is a property built in 1970 on a 7,484 square foot lot. The property is currently owned by OUAKNINE MEIR J & OUAKNINE YOCHEVED, recorded as of 2026-04-03. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2025-07-11 for $745,000. There are 5 recorded sales for this property. The 2026 assessed value is $324,109 with a market value of $543,773.

This breaks down to $260,973 for the land and $282,800 for the building. This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X.

The median household income in this area is $96,382, and the median home value is $424,000. The population density is 4,015 people per square mile. There are active mortgage liens totaling $539,500 recorded against this property.

4998 NW 3RD TER, BOCA RATON, FL 33431 is located in BOCA RATON, Florida. Property records, tax assessments, sales history, and ownership information for this BOCA RATON property are sourced from palm_beach County public records. The complete ownership history of this property spans from 2025 to 2025, with 5 recorded transactions in the public record.

The current assessed value represents 44% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase..

Current Owner

OUAKNINE MEIR J & OUAKNINE YOCHEVED
4998 NW 3RD TER, BOCA RATON, FL, 33431
Since: 2026-04-03
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$3,316 — $6,050
Flood $400 — $800
Property/Wind $2,916 — $5,250

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$96,382
Median Home Value$424,000
Pop. Density4,015/sq mi

Neighborhood 33431

70.6%
Owner-Occ
29.4%
Investor
3,465
Flips (4yr)
6,411
New Biz (3yr)
Distress Risk
MODERATE
30
View full risk analysis →

Mortgages

ACTIVE
$545,000
~$539,500 bal.
AMERICAN MORTGAGE CORP · 2025-07-11
1 satisfied mortgage
SATISFIED 2025-03-19
$499,757
OAKTREE FUNDING CORP
Est. Total Balance $539,500
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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