NOT LISTED FOR SALE

1000 Ocean Terrace Unit D Delray Beach, FL 33483

Estimated Value: $825,000 - $1,190,000

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

Last Sold August 09, 2013

Last sale price $385,000 $298 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $6,769/month

169 Days on Market

Highlights

  • Clubhouse
  • Furnished
  • Enclosed Glass Porch
  • Pool View
  • Community Pool
  • Separate Shower in Primary Bathroom

About This Home

As of August 2013

You won't want to miss this upper level 2/2 condo located one block off the beach! Small complex of only 16 units tucked away on a private cul-de-sac. Unit is being sold turnkey, just bring your toothbrush! Tiled living area, large bedrooms, stackable washer/dryer in unit. Heated community pool, clubhouse with kitchenette, small pets accepted. New exterior paint, roof replaced in '05. Square footage in tax roll is incorrect; unit is larger than what is shown.

Last Agent to Sell the Property

Rachel Korthals

Lang Realty/Delray Beach License #3023300 Listed on: 01/18/2013

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

  • 1

HOA Fees

  • $550 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Metal Roof

Interior Spaces

  • 1,290 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Casement Windows
  • Family Room
  • Combination Dining and Living Room
  • Pool Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Stacked Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Enclosed Glass Porch
  • Sprinkler System

Listing and Financial Details

  • Assessor Parcel Number 12434616600020040

Community Details

Overview

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

Recreation

  • Community Pool

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

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 east to Gleason Street, right and bldg on the right
  • Year Built: 1977
  • Entry Level: 2
  • Year Built Details: Resale
  • Pets No Pets Comments: Other Pet Restrictions:Possible Restrictions
  • Special Features: None

Interior Features

  • Interior Amenities: Dual Sinks, Living/Dining Room, Separate Shower, Stacked Bedrooms
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1290.0
  • Dining Room Type: Family Room, Porch
  • Stories: 2
  • Window Features: Casement Window(s)

Exterior Features

  • View: Pool
  • Lot Features: Sprinklers Automatic
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Glass Enclosed, Porch
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • 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

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

Fee Information

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

Lot Info

  • Parcel #: 12434616600020040
  • Zoning Description: RES
  • 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

Listed on
Jan 18, 2013
Closed on
Aug 9, 2013
Sold by
Dunn Janice F and Dunn Wayne R
Bought by
Goldfarb Scott Lee and Goldfarb Carole Hoover
Seller's Agent
Rachel Korthals
Lang Realty/Delray Beach
Buyer's Agent
Carol Corey
One Sotheby's International Realty
List Price
$445,000
Sold Price
$385,000
Premium/Discount to List
-$60,000
-13.48%
Current Estimated Value
$990,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$605,560
Avg. Annual Appreciation
8.03%

Purchase Details

Closed on
Sep 13, 2005
Sold by
Dunn Wayne R and Dunn Janice F
Bought by
Dunn Janice F

Purchase Details

Closed on
Aug 13, 2005
Sold by
Dunn Wayne R and Dunn Janice F
Bought by
Dunn Wayne R
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
Goldfarb Scott Lee $385,000 Princeton Title & Escrow Llc
Dunn Janice F -- --
Dunn Wayne R -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2013 08/09/13 Sold $385,000 -13.5% $298 / Sq Ft
07/10/2013 07/10/13 Pending -- -- --
01/21/2013 01/21/13 For Sale $445,000 -- $345 / 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 $12,291 $636,884 -- --
2023 $11,870 $578,985 $0 $0
2022 $10,481 $526,350 $0 $0
2021 $9,871 $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: R3339319

BeachesMLS

APN: 12-43-46-16-60-002-0040