NOT LISTED FOR SALE

1000 Ocean Terrace Unit A Delray Beach, FL 33483

Estimated Value: $823,000 - $1,226,000

2 Beds
2 Baths
1,197 Sq Ft
$550/mo HOA Fee

Last Sold January 23, 2014

Last sale price $372,000 $311 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $6,619/month

83 Days on Market

Highlights

  • Clubhouse
  • Community Pool
  • Laundry Room
  • Garden View
  • Den
  • Entrance Foyer

About This Home

As of January 2014

TUCKED AWAY IN A BEAUTIFUL LANDSCAPED AND QUIET RESIDENTIAL AREA, THIS IS A UNIQUE, PRIVATE, FIRST FLOOR, END UNIT CONDO WITH NO STEPS OR STAIRS TO CONTEND WITH. LOCATED ON A QUIET DEAD END STREET, IT'S AN EASY ONE BLOCK WALK TO THE BEACH AND JUST A FEW BLOCKS TO EXCITING SHOPS AND RESTAURANTS ON DELRAY'S FAMOUS ATLANTIC AVENUE. TWO CONVENIENT SURFACE PARKING SPACES WITH REAR ENTRANCE UNDER COVER. NO PENDING ASSESSMENTS OR DEFERRED MAINTENANCE. ENCLOSED PATIO MAKES FOR GREAT OFFICE/DEN. STORM SHUTTERS. 1 PET UP TO 20 LBS IS WELCOME. CAN BE LEASED RIGHT AWAY, ONE TIME PER YEAR/30 DAY MINIMUM. ALL AGES.

Last Agent to Sell the Property

Judy Lynn Reimers

Coldwell Banker License #540639 Listed on: 10/01/2013

Coldwell Banker

Co-Listed By

Pearl Markfield

Inactive Member License #301106

Last Buyer's Agent

Carol Corey

One Sotheby's International Realty License #3216159

One Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,099

Year Built

  • Built in 1977

Lot Details

  • Sprinkler System

HOA Fees

  • $550 Monthly HOA Fees

Property Views

  • Garden
  • Pool

Home Design

  • Aluminum Roof

Interior Spaces

  • 1,197 Sq Ft Home
  • 2-Story Property
  • Custom Mirrors
  • Ceiling Fan
  • Entrance Foyer
  • Combination Dining and Living Room
  • Den

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Over 1 Space Per Unit
  • Guest Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 12434616600020010

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, maintenance structure, parking, pool(s)
  • 16 Units
  • Delray Ocean Villas Cond Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,099

Year Built

Built in 1977

Lot Details

0

HOA Fees

$550 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: ATLANTIC AVE TO S ON GLEASON STREET. W. ON OCEAN TERRACE TO END.
  • Year Built: 1977
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Entrance Foyer, Living/Dining Room, Custom Mirrors
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Living Area: 1197.0
  • Dining Room Type: Den, Laundry
  • Stories: 2

Exterior Features

  • View: Garden, Pool
  • Lot Features: Sprinklers Automatic
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Aluminum

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest, Two or More Spaces

Utilities

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

Condo/Co-op/Association

  • Association Fee: 550.0
  • Community Features: Clubhouse, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Pool
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Pool(s)

Lot Info

  • Parcel #: 12434616600020010
  • Zoning Description: RESID
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 4099.0

Multi Family

  • Number Of Units In Community: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2020
Sold by
Guttman Maya
Bought by
Richard Paul and Richard Paula
Current Estimated Value
$1,012,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,000
Outstanding Balance
$463,958
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$548,229

Purchase Details

Listed on
Oct 1, 2013
Closed on
Jan 22, 2014
Sold by
Price Ronald J and Price Beverely I
Bought by
Guttman Maya
Seller's Agent
Judy Lynn Reimers
Coldwell Banker
Buyer's Agent
Carol Corey
One Sotheby's International Realty
List Price
$399,900
Sold Price
$372,000
Premium/Discount to List
-$27,900
-6.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.88%

Purchase Details

Closed on
Mar 21, 2013
Sold by
Price Ronald J and Gourley Penny P
Bought by
Price Ronald J and Price Beverly L

Purchase Details

Closed on
Aug 1, 2002
Sold by
Price Ronald J
Bought by
Price Ronald J and Gourley Penny P

Purchase Details

Closed on
Sep 25, 2001
Sold by
Price Phyllis E and Price Ronald J
Bought by
Price Ronald J
Source: Public Records

Range of Values:

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Average Value
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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
Richard Paul $655,000 Independence Ttl Ins Agcy In
Guttman Maya $372,000 Sunbelt Title Agency
Price Ronald J -- Attorney
Price Ronald J -- --
Price Ronald J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richard Paul $524,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2014 01/23/14 Sold $372,000 -7.0% $311 / Sq Ft
12/24/2013 12/24/13 Pending -- -- --
10/01/2013 10/01/13 For Sale $399,900 -- $334 / 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 $9,136 $535,436 -- --
2023 $9,188 $519,841 $0 $0
2022 $9,160 $504,700 $0 $0
2021 $9,187 $490,000 $0 $490,000
2020 $8,991 $435,000 $0 $435,000
2019 $8,578 $410,000 $0 $410,000
2018 $8,398 $410,000 $0 $410,000
2017 $8,168 $410,000 $0 $0
2016 $7,916 $346,500 $0 $0
2015 $7,032 $315,000 $0 $0
2014 $7,139 $315,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Judy Lynn Reimers

    Coldwell Banker

    (561) 395-2233

    21 Total Sales

    Judy Lynn Reimers
    Section Image

  • P

    Seller Co-Listing Agent in 2014

    Pearl Markfield

    Inactive Member

  • C

    Buyer's Agent in 2014

    Carol Corey

    One Sotheby's International Realty

    (561) 926-1300

    34 in this area

    47 Total Sales

    Carol Corey
    Section Image
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Map

Source: BeachesMLS

MLS Number: R9981755

BeachesMLS

APN: 12-43-46-16-60-002-0010

Florida Palm Beach County Delray Beach 33483

1000 Ocean Terrace Unit A, Delray Beach, FL

This home is located at 1000 Ocean Terrace Unit A, Delray Beach, FL 33483 since 01 October 2013 and is currently estimated at $1,012,187, approximately $845 per square foot. This property was built in 1977. 1000 Ocean Terrace Unit A 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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