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Single Family ResidenceResidential
Last sold for $4,000,000 on May 16, 2024

481 THATCH PALM DR

BOCA RATON, FL 33432
2.5
Baths
3,406 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.39 ac
Lot SizeThe size of the land the home sits on, from county records.
1973
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$4,000,000 · May 16, 2024
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$5,000,000
DORT FINANCIAL CU · recorded Apr 3, 2025

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$53,816 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$3,156,000 (2025)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$620,840
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$3,156,000

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.8 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.11%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.0.2 percent flood zone

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyPALM BEACH
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1988
Lot (acres)The size of the land the home sits on, from county records.0.39
ConstructionThe main material the home's frame and walls are built from.Masonry/Concrete Masonry Units (Cmus)
RoofThe main material covering the roof, such as asphalt shingle or tile.Concrete
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Central
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.Yes
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Patio · 992 ft²Porch · 921 ft²

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Boca Raton Elementary SchoolB+
Elementary · Grades KG–5 · 0.9 mi
M
Boca Raton Community Middle SchoolA
Middle · Grades 6–8 · 2.5 mi
H
Boca Raton Community High SchoolB-
High · Grades 9–12 · 2.9 mi

District: Palm Beach County School District

Neighborhood · ZIP 33432These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.142
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.79
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.11

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.79%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.36%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.8.1%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.23,810
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.4,136 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$106,202
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$154,580
Average tempThe average temperature here across a full year.76°F
Annual precipHow much rain and melted snow falls here in a typical year.59 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.66%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Absentee owner
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

481 Thatch Palm Dr measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Bigger than 93% of homes in Palm Beach County
  • Has a bigger lot than 79% of homes in Royal Palm Yacht and Country Club
  • Older than 81% of homes in Royal Palm Yacht and Country Club

How it measures up in Boca Raton 33432

The dot is this home. The mark in the middle is the typical home in Boca Raton 33432.

Living area3,406 ft²
SmallerTypical 1,614 ft²Bigger

Bigger than 83% of homes nearby

Lot size0.39 ac
SmallerTypical 0.31 acBigger

Bigger than 60% of homes nearby

Year built1973
OlderTypical 1975Newer

Newer than 41% of homes nearby

How 481 Thatch Palm Dr ranks against every home in each area.
MeasureThis homeRoyal Palm Yacht and Country ClubBoca Raton 33432Palm Beach County
Living areabigger than3,406 ft²16% of homes83% of homes93% of homes
Lot sizebigger than0.39 ac79% of homes60% of homes67% of homes
Year builtnewer than197319% of homes41% of homes21% of homes

About 481 Thatch Palm Dr

When did 481 Thatch Palm Dr, Boca Raton, FL last sell?

481 Thatch Palm Dr, Boca Raton, FL last sold on May 16, 2024 for $4,000,000, according to the county's recorded deed.

How big is 481 Thatch Palm Dr, Boca Raton, FL?

481 Thatch Palm Dr, Boca Raton, FL has 2.5 bathrooms, 3,406 square feet of living space and a 0.39-acre lot.

When was 481 Thatch Palm Dr, Boca Raton, FL built?

481 Thatch Palm Dr, Boca Raton, FL was built in 1973, making it 53 years old. The building has 1 story.

What schools serve 481 Thatch Palm Dr, Boca Raton, FL?

481 Thatch Palm Dr, Boca Raton, FL is assigned to Boca Raton Elementary School (elementary), rated B+; Boca Raton Community Middle School (middle), rated A; Boca Raton Community High School (high), rated B-. All sit in Palm Beach County School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 481 Thatch Palm Dr, Boca Raton, FL compare to other homes in Boca Raton 33432?

Among the 10,770 homes in Boca Raton 33432, it is bigger than 83% of them (3,406 ft² against a typical 1,614 ft²), its lot is bigger than 60% of them (0.39 ac against a typical 0.31 ac) and it is newer than 41% of them (1973 against a typical 1975). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 481 Thatch Palm Dr, Boca Raton, FL?

The 2025 property tax bill for 481 Thatch Palm Dr, Boca Raton, FL was $53,816. The county assessed it at $3,156,000.

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Assigned schools

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