NOT LISTED FOR SALE

1000 Ocean Terrace Unit 1 Delray Beach, FL 33483

Estimated Value: $1,098,000 - $1,226,000

2 Beds
2.5 Baths
1,194 Sq Ft
$617/mo HOA Fee

Last Sold February 01, 2021

Last sale price $800,000 $670 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $8,175/month

103 Days on Market

Highlights

  • Wood Flooring
  • High Ceiling
  • Impact Glass
  • Garden View
  • Community Pool
  • Separate Shower in Primary Bathroom

About This Home

As of February 2021

What a beautiful retreat!! The end unit in a small community gives you the feeling of a single family home and is a great escape from the worries of todays world. If you want something different than you have seen before this completely RENOVATED town home is it. Only 1 block to the beach and 2 blocks to vibrant Atlantic Avenue. Highlighted by natural light and featuring high ceilings with exposed wood beams, gorgeous burnt bamboo wood flooring, impact glass, newer appliances and brand new AC/heat system so you can just move right in. Unique to this unit is the private expansive tropical side and back yard with private entry and 2 brick patios, perfect for the backyard BBQ. Can be turnkey and ready immediately for your next adventure!

Last Agent to Sell the Property

Theresa Berman

William Raveis Real Estate License #3017205 Listed on: 09/20/2020

William Raveis Real Estate

Co-Listed By

Laura Gallagher

William Raveis Real Estate License #660232

Last Buyer's Agent

Kelley Johnson

The Corcoran Group License #3136327

The Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,535

Year Built

  • Built in 1977

Lot Details

  • 1

HOA Fees

  • $617 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Metal Roof

Interior Spaces

  • 1,194 Sq Ft Home
  • 2-Story Property
  • Furnished or left unfurnished upon request
  • High Ceiling
  • Ceiling Fan
  • French Doors
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • Guest Parking
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Water Softener is Owned
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12434616600010010

Community Details

Overview

  • Association fees include management, common areas, maintenance structure, pest control, pool(s), roof, sewer, trash, water
  • 15 Units
  • Ocean Terrace Subdivision

Recreation

  • Community Pool

Security

  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,535

Year Built

Built in 1977

Lot Details

0

HOA Fees

$617 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Atlantic Avenue East over the bridge to Gleason St. South to Ocean Terrace. First unit .
  • Year Built: 1977
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Closet Cabinetry, French Door(s)/Atrium Door(s), High Ceilings, Kitchen/Dining Combo, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Water Softener Owned, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: French Doors
  • Flooring: Wood
  • Living Area: 1194.0
  • Dining Room Type: Laundry
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Patio
  • View: Garden
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Guest, Open

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 617.0
  • Community Features: Non-Gated, Pool
  • Senior Community: No
  • Amenities: Pool
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Maintenance Structure, Pest Control, Pool(s), Roof, Sewer, Trash, Water

Lot Info

  • Parcel #: 12434616600010010
  • Zoning Description: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 11535.0

Multi Family

  • Number Of Units In Community: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2020
Closed on
Feb 1, 2021
Sold by
Fauth John A and Rimkus Kathleen M
Bought by
Deval Julie Hurson and Deval Julie Hurson
Seller's Agent
Theresa Berman
William Raveis Real Estate
Buyer's Agent
Kelley Johnson
The Corcoran Group
List Price
$895,000
Sold Price
$800,000
Premium/Discount to List
-$95,000
-10.61%
Current Estimated Value
$1,161,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$361,781
Avg. Annual Appreciation
8.19%

Purchase Details

Closed on
May 7, 2014
Sold by
Bomser Jonathan S and Bomser Anne M
Bought by
Fauth John A and Rimkus Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 29, 2012
Closed on
May 1, 2012
Sold by
Clark Charlest T and Clark Mary Elizabeth
Bought by
Bomser Jonathan S and Bomser Anne M
Seller's Agent
George McFadden
William Raveis Real Estate
Buyer's Agent
George McFadden
William Raveis Real Estate
List Price
$425,500
Sold Price
$400,000
Premium/Discount to List
-$25,500
-5.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.22%
Original Mortgage
$250,000
Interest Rate
1.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 23, 2001
Sold by
Virginia T Clark I
Bought by
Clark Charles T
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
Deval Julie Hurson $800,000 Attorney
Fauth John A $440,000 Attorney
Bomser Jonathan S $400,000 Attorney
Clark Charles T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fauth John A $308,000
Previous Owner Bomser Jonathan S $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/01/2021 02/01/21 Sold $800,000 -10.6% $670 / Sq Ft
01/02/2021 01/02/21 Pending -- -- --
09/20/2020 09/20/20 For Sale $895,000 +123.8% $750 / Sq Ft
05/01/2012 05/01/12 Sold $400,000 -6.0% $335 / Sq Ft View Prior Sale
04/01/2012 04/01/12 Pending -- -- --
02/29/2012 02/29/12 For Sale $425,500 -- $356 / 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 $17,580 $927,828 -- --
2023 $17,034 $843,480 $0 $0
2022 $15,073 $766,800 $0 $0
2021 $13,549 $700,000 $0 $700,000
2020 $12,361 $625,000 $0 $625,000
2019 $11,536 $590,000 $0 $590,000
2018 $10,609 $590,000 $0 $590,000
2017 $10,220 $590,000 $0 $0
2016 $9,856 $401,500 $0 $0
2015 $8,126 $365,000 $0 $0
2014 $6,436 $324,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Theresa Berman

    William Raveis Real Estate

    (561) 445-2929

    13 in this area

    65 Total Sales

    Theresa Berman
    Section Image
  • Laura Gallagher

    Seller Co-Listing Agent in 2021

    Laura Gallagher

    William Raveis Real Estate

    (561) 441-6111

    13 in this area

    56 Total Sales

    Laura Gallagher
    Section Image
  • Kelley Johnson

    Buyer's Agent in 2021

    Kelley Johnson

    The Corcoran Group

    (561) 703-3839

    11 in this area

    29 Total Sales

    Kelley Johnson
    Section Image

  • G

    Seller's Agent in 2012

    George McFadden

    William Raveis Real Estate

    (561) 302-2446

    1 in this area

    3 Total Sales

    George McFadden
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10656768

BeachesMLS

APN: 12-43-46-16-60-001-0010

Florida Palm Beach County Delray Beach 33483

1000 Ocean Terrace Unit 1, Delray Beach, FL

This home is located at 1000 Ocean Terrace Unit 1, Delray Beach, FL 33483 since 20 September 2020 and is currently estimated at $1,161,781, approximately $973 per square foot. This property was built in 1977. 1000 Ocean Terrace Unit 1 is a home located in Palm Beach County with nearby schools including Pine Grove Elementary School, Carver Community Middle School, and Atlantic High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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