NOT LISTED FOR SALE

1000 Ocean Terrace Unit B Delray Beach, FL 33483

Estimated Value: $825,000 - $1,083,000

2 Beds
2 Baths
1,290 Sq Ft
$550/mo HOA Fee

Last Sold October 31, 2013

Last sale price $382,700 $297 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $6,534/month

62 Days on Market

Highlights

  • Clubhouse
  • Wood Flooring
  • High Ceiling
  • Roman Tub
  • Garden View
  • Community Pool

About This Home

As of October 2013

This is a must see condo,flexible floor plan,2 BR-2 BA plus den or sitting rm.Quiet small backyard.Very private setting with pool and cabana in front,yet, only one block to the ocean and three blocks to exciting Atlantic Ave, the central shopping center of Delray Beach. Extensively remodeled in 2011, this home is move-in ready.Tastefull solid surface counter tops in both bahrooms and kitchen.Marble floor in guest bath,gorgeous wood floors in all other rooms except the guest suite which is luxuriously carpeted.Walk in pantry in the kitchen,stacked washer dryer in kitchen,convenient for household laundry and towels for the pool or beach. Pamper your guests with double shower heads in the guest bath-pamper yourself with whirlpool tub in master bath,Lots of natural Florida sunshine.

Last Agent to Sell the Property

Pearl Markfield

Inactive Member License #301106 Listed on: 07/30/2013

Last Buyer's Agent

Doris Sewak

The Keyes Company License #329174

The Keyes Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,972

Year Built

  • Built in 1977

Lot Details

  • Fenced

HOA Fees

  • $550 Monthly HOA Fees

Property Views

  • Garden
  • Pool

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,290 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Casement Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Wood Flooring
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Roman Tub

Laundry

  • Laundry Room
  • Dryer

Parking

  • Guest Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12434616600020020

Community Details

Overview

  • Association fees include management, insurance, ground maintenance, maintenance structure, parking, pest control, pool(s), roof, sewer, trash, water
  • 16 Units
  • Delray Ocean Villas Cond Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,972

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 East to Gleason St-Rt on Ocean Terrace back to the end.
  • Year Built: 1977
  • Carport Y N: No
  • Entry Level: 1
  • Special Features: None

Interior Features

  • Interior Amenities: Entrance Foyer, Eat-in Kitchen, Garden Tub/Roman Tub, High Ceilings, Living/Dining Room, Pantry, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Wood
  • Living Area: 1290.0
  • Dining Room Type: Laundry
  • Stories: 2
  • Window Features: Blinds, Casement Window(s)

Exterior Features

  • Exterior Features: Fence
  • View: Garden, Pool
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

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

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: Association Management, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pool(s), Roof, Sewer, Trash, Water

Lot Info

  • Parcel #: 12434616600020020
  • Zoning Description: Res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 1972.0

Multi Family

  • Number Of Units In Community: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2013
Closed on
Oct 31, 2013
Sold by
Quay Carolyn M
Bought by
Osman Ann K and Osman Sherif H
Seller's Agent
Pearl Markfield
Inactive Member
Buyer's Agent
Doris Sewak
The Keyes Company
List Price
$429,000
Sold Price
$382,700
Premium/Discount to List
-$46,300
-10.79%
Current Estimated Value
$941,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$559,134
Avg. Annual Appreciation
7.79%
Original Mortgage
$267,890
Outstanding Balance
$199,779
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$742,055

Purchase Details

Closed on
May 25, 2011
Sold by
Quay Carolyn M and Grasmehr Carolyn M
Bought by
Quay Carolyn M

Purchase Details

Closed on
Dec 30, 1993
Sold by
Leins Lawrence and Leins Anne
Bought by
Grasmehr Carolyn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.13%
Source: Public Records

Range of Values:

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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
Osman Ann K $382,700 Sunbelt Title Agency
Quay Carolyn M -- Attorney
Grasmehr Carolyn M $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osman Ann K $267,890
Previous Owner Grasmehr Carolyn M $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2013 10/31/13 Sold $382,700 -10.8% $297 / Sq Ft
10/01/2013 10/01/13 Pending -- -- --
07/30/2013 07/30/13 For Sale $429,000 -- $333 / 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 $12,529 $650,087 -- --
2023 $12,104 $590,988 $0 $0
2022 $10,708 $537,262 $0 $0
2021 $10,064 $498,913 $0 $498,913
2020 $9,174 $444,018 $0 $444,018
2019 $8,677 $414,800 $0 $414,800
2018 $8,494 $414,800 $0 $414,800
2017 $8,281 $414,800 $0 $0
2016 $8,024 $351,780 $0 $0
2015 $7,137 $319,800 $0 $0
2014 $7,246 $319,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2013

    Pearl Markfield

    Inactive Member

  • D

    Buyer's Agent in 2013

    Doris Sewak

    The Keyes Company

    (561) 702-1035

    2 in this area

    5 Total Sales

    Doris Sewak
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Map

Source: BeachesMLS

MLS Number: R9965446

BeachesMLS

APN: 12-43-46-16-60-002-0020

Florida Palm Beach County Delray Beach 33483

1000 Ocean Terrace Unit B, Delray Beach, FL

This home is located at 1000 Ocean Terrace Unit B, Delray Beach, FL 33483 since 30 July 2013 and is currently estimated at $941,834, approximately $730 per square foot. This property was built in 1977. 1000 Ocean Terrace Unit B 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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