NOT LISTED FOR SALE

100 Gleason St Unit A & B Delray Beach, FL 33483

Estimated Value: $1,654,000 - $4,766,834

-- Bed
3 Baths
2,336 Sq Ft
$1,408/Sq Ft Est. Value

Last Sold February 24, 2012

Last sale price $650,000 $278 Per Sq Ft

Est. 406% increase in value since last sale

Current estimated payment $19,371/month

167 Days on Market

Highlights

  • Garden View
  • Bay Window
  • Terrazzo Flooring
  • Corner Lot
  • Patio
  • Central Heating and Cooling System

About This Home

As of February 2012

BUILD AND DEVELOP ONE BLOCK FROM THE BEACH AND ONE BLOCK FROM ATLANTIC AVE! IDEAL OPPORTUNITY FOR INVESTORS OR END USERS. ZONED RM 15. DEVELOPERS, END USER OPPORTUNITY TO BUIL 8,000 SF WITH POOL, PRIVATE GARDENS, 2 CAR GARAGE. EXCELLENT LOCATION. CORNER LOT. A STONE'S THROW FROM DELRAY'S SANDY BEACH AND ATLANTIC AVENUE'S FANTASTIC RESTAURANTS, SHOPS, GALLERIES & NIGHT LIFE. A MOST FABULOUS LOCATION.

Last Agent to Sell the Property

Ryan Mueller

RJM Real Estate Corp. License #691657 Listed on: 08/10/2011

Last Buyer's Agent

Ryan Mueller

RJM Real Estate Corp. License #691657 Listed on: 08/10/2011

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,039

Year Built

  • Built in 1958

Lot Details

  • Corner Lot
  • Interior Lot

Home Design

  • Duplex
  • Concrete Roof

Interior Spaces

  • 2,336 Sq Ft Home
  • 1-Story Property
  • Bay Window
  • Garden Views

Flooring

  • Terrazzo
  • Vinyl

Additional Features

  • Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $48,000
  • Rent includes electricity, water
  • Assessor Parcel Number 12434616140040132

Community Details

Overview

  • 4 Units
  • Reid John B Village Subdivision

Building Details

  • Operating Expense $16,000
  • Net Operating Income $32,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,039

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Atlantic Ave E to Gleason S to property on SW corner of Gleason & Miramar
  • Year Built: 1958
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Bay Window
  • Flooring: Terrazzo, Vinyl
  • Living Area: 2336.0

Exterior Features

  • Exterior Features: Patio
  • View: Garden
  • Lot Features: Corner Lot, Interior Lot
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Water
  • Senior Community: No

Lot Info

  • Parcel #: 12434616140040132
  • Zoning Description: Rm15

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 32000.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 16000.0
  • Total Actual Rent: 48000.0

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 12039.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2019
Sold by
100 Gleason Street Eat Llc
Bought by
1250 Crain Highway Llc
Total Days on Market
167
Current Estimated Value
$3,290,209

Purchase Details

Closed on
Nov 26, 2018
Sold by
Deleonibus John G and Deleonibus Sally
Bought by
Eat Llc

Purchase Details

Listed on
Aug 10, 2011
Closed on
Feb 17, 2012
Sold by
National Loss Mitigation Llc
Bought by
Deleonibus John G
Seller's Agent
Ryan Mueller
RJM Real Estate Corp.
Buyer's Agent
Ryan Mueller
RJM Real Estate Corp.
List Price
$725,000
Sold Price
$650,000
Premium/Discount to List
-$75,000
-10.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.98%
Original Mortgage
$337,300
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2011
Sold by
The Bank Of New York Mellon
Bought by
National Loss Mitigation Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.5%
Mortgage Type
Unknown

Purchase Details

Closed on
May 20, 2011
Sold by
Davis Kenneth L
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Dec 1, 2005
Sold by
Wilkie Maria S
Bought by
Davis Kenneth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$805,000
Interest Rate
1.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1250 Crain Highway Llc -- Attorney
Eat Llc $500,000 Attorney
Deleonibus John G $650,000 Attorney
National Loss Mitigation Llc $550,000 Landsafe Title Of Fl Inc
The Bank Of New York Mellon $391,300 None Available
Davis Kenneth L $1,150,000 Columbia Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Deleonibus John G $337,300
Previous Owner National Loss Mitigation Llc $450,000
Previous Owner Davis Kenneth L $805,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2012 02/24/12 Sold $650,000 -10.3% $278 / Sq Ft
01/25/2012 01/25/12 Pending -- -- --
08/10/2011 08/10/11 For Sale $725,000 -- $310 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,654 $566,964 -- --
2023 $10,302 $515,422 $594,453 $0
2022 $9,654 $468,565 $0 $0
2021 $8,655 $425,968 $425,968 $0
2020 $8,447 $412,000 $412,000 $0
2019 $8,489 $400,000 $400,000 $0
2018 $17,354 $855,210 $726,884 $128,326
2017 $16,659 $857,582 $726,884 $130,698
2016 $16,218 $699,195 $0 $0
2015 $14,755 $635,632 $0 $0
2014 $13,150 $577,847 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R3217265

BeachesMLS

APN: 12-43-46-16-14-004-0132