NOT LISTED FOR SALE

1000 Ocean Terrace Unit A Delray Beach, FL 33483

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

2 Beds
2 Baths
1,400 Sq Ft
$617/mo HOA Fee

Last Sold August 14, 2020

Last sale price $655,000 $468 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $6,686/month

221 Days on Market

Highlights

  • 43,624 Sq Ft lot
  • Community Pool
  • Impact Glass
  • Pool View
  • Den
  • Built-In Features

About This Home

As of August 2020

Totally renovated bright and sunny first floor condo that is one block to the beach and 2 blocks to Atlantic Ave. Tucked away with tropical landscaping, features include NEW IMPACT WINDOWS THROUGHOUT, all porcelain tile floors and an open floor plan. Professionally designed. Take advantage of the flex space that would make a great office or den. This condo is a corner unit (no stairs) and a beautiful heated pool just steps away.

Last Agent to Sell the Property

Carol Corey

One Sotheby's International Realty License #3216159 Listed on: 12/06/2019

One Sotheby's International Realty

Co-Listed By

Patricia Burke

One Sotheby's International Realty License #676864

Last Buyer's Agent

Carol Corey

One Sotheby's International Realty License #3216159 Listed on: 12/06/2019

One Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,577

Year Built

  • Built in 1977

Lot Details

  • 1

HOA Fees

  • $617 Monthly HOA Fees

Interior Spaces

  • 1,400 Sq Ft Home
  • 2-Story Property
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Bar
  • Ceiling Fan
  • Den
  • Ceramic Tile Flooring
  • Pool Views

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • Over 1 Space Per Unit
  • Assigned Parking

Outdoor Features

  • Patio

Utilities

  • Cooling Available
  • Central Heating
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12434616600020010

Community Details

Overview

  • Association fees include management, common areas, insurance, legal/accounting, ground maintenance, maintenance structure, parking, pest control, pool(s), sewer, trash, water
  • 16 Units
  • Delray Ocean Villas Condo Subdivision

Recreation

  • Community Pool

Security

  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,577

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: East on Atlantic Ave South on Gleason St West on Ocean Terrace to the end
  • Year Built: 1977
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Pantry, Bar
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 1400.0
  • Dining Room Type: Den, Laundry, Storage Room
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

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

Garage/Parking

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

Utilities

  • Security: Smoke Detector(s)
  • Cooling: 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

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pool(s), Sewer, Trash, Water

Lot Info

  • Parcel #: 12434616600020010
  • Lot Size Sq Ft: 43624.0
  • Zoning Description: RM(cit
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 8577.0

Multi Family

  • Number Of Units In Community: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2019
Closed on
Aug 14, 2020
Sold by
Guttman Maya
Bought by
Richard Paul and Richard Paula
Seller's Agent
Carol Corey
One Sotheby's International Realty
Buyer's Agent
Carol Corey
One Sotheby's International Realty
List Price
$695,000
Sold Price
$655,000
Premium/Discount to List
-$40,000
-5.76%
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.
Estimated Appreciation
$357,187
Avg. Annual Appreciation
8.71%
Original Mortgage
$524,000
Outstanding Balance
$463,958
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$548,229

Purchase Details

Closed on
Jan 22, 2014
Sold by
Price Ronald J and Price Beverely I
Bought by
Guttman Maya

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
08/14/2020 08/14/20 Sold $655,000 +9257.1% $468 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
01/05/2020 01/05/20 Rented $7,000 0.0% --
12/06/2019 12/06/19 For Sale $695,000 0.0% $496 / Sq Ft
12/06/2019 12/06/19 Under Contract -- -- --
09/29/2019 09/29/19 For Rent $7,000 0.0% --
10/09/2018 10/09/18 Rented $7,000 0.0% --
09/09/2018 09/09/18 Under Contract -- -- --
08/07/2018 08/07/18 For Rent $7,000 +7.7% --
12/01/2017 12/01/17 Rented $6,500 0.0% --
11/01/2017 11/01/17 Under Contract -- -- --
10/06/2017 10/06/17 For Rent $6,500 +18.2% --
01/03/2017 01/03/17 Rented $5,500 -15.4% --
12/04/2016 12/04/16 Under Contract -- -- --
08/03/2016 08/03/16 For Rent $6,500 +30.0% --
04/08/2015 04/08/15 Rented $5,000 0.0% --
03/09/2015 03/09/15 Under Contract -- -- --
01/12/2015 01/12/15 For Rent $5,000 -- --
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

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Map

Source: BeachesMLS

MLS Number: R10583524

BeachesMLS

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