NOT LISTED FOR SALE

1010 Rhodes Villa Ave Delray Beach, FL 33483

Estimated Value: $5,660,000 - $8,433,910

0.23 Acre
$31,762,831 Price per Acre
9,801 Sq Ft Lot

Last Sold February 02, 2022

Last sale price $1,750,000 $1,094 Per Sq Ft

Est. 308% increase in value since last sale

Current estimated payment $44,310/month

Highlights

  • Property fronts an intracoastal waterway
  • Canal Access
  • 3-minute walk to Atlantic Dunes Park
  • Boca Raton Community Middle School Rated A-

About This Lot

As of February 2022

This home is located at 1010 Rhodes Villa Ave, Delray Beach, FL 33483 since 02 February 2022 and is currently estimated at $7,146,637, approximately $4,466 per square foot. 1010 Rhodes Villa Ave is a home located in Palm Beach County with nearby schools including Pine Grove Elementary School, Boca Raton Community Middle School, and Boca Raton Community High School.

Last Agent to Sell the Property

Savannah Fruin

Engel & Voelkers Delray Beach License #3387710 Listed on: 02/02/2022

Engel & Voelkers Delray Beach

Last Buyer's Agent

Savannah Fruin

Engel & Voelkers Delray Beach License #3387710 Listed on: 02/02/2022

Engel & Voelkers Delray Beach

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $24,253

Lot Details

  • Property fronts an intracoastal waterway
  • Site Plan Filed
  • Property is zoned R-1-AA

Additional Features

  • Intracoastal Views
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 12434621150000061

Community Details

Overview

  • Delray Bch Shores In Subdivision

Recreation

  • Canal Access
  • Seawall

Property Details

Property Type

Land

Est. Annual Taxes

$24,253

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: GPS
  • Special Features: None

Exterior Features

  • View: Intercoastal
  • Lot Features: City Lot
  • Waterfront Features: Canal Access, Intracoastal Access, Seawall
  • Waterfront: Yes

Lot Info

  • Parcel #: 12434621150000061
  • Development Status: Site Plan Filed
  • Zoning Description: R-1-AA

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 24253.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2021
Sold by
1010 Rhodes Villa Avenue Llc
Bought by
Hicks William and Hicks Joan
Current Estimated Value
$7,146,637

Purchase Details

Listed on
Dec 17, 2017
Closed on
Sep 4, 2018
Sold by
Cisneros Randolph D
Bought by
1010 Rhodes Villa Avenue Llc
Seller's Agent
Randolph Cisneros
RealtyRockNRoll.com
Buyer's Agent
Randolph Cisneros
RealtyRockNRoll.com
List Price
$1,459,000
Sold Price
$1,225,000
Premium/Discount to List
-$234,000
-16.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.98%
Original Mortgage
$612,500
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Dec 17, 2017
Closed on
Aug 26, 2018
Sold by
Cohen Iris
Bought by
1010 Rhodes Villa Avenue Llc
Seller's Agent
Randolph Cisneros
RealtyRockNRoll.com
Buyer's Agent
Randolph Cisneros
RealtyRockNRoll.com
List Price
$1,459,000
Sold Price
$1,225,000
Premium/Discount to List
-$234,000
-16.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,500
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 1, 2017
Sold by
Raciunas Gintaras R and Raciunas Alexander
Bought by
Mason Chris

Purchase Details

Closed on
May 1, 2015
Sold by
Mortgage Electronic Registration Systems
Bought by
Hsbc Bank Usa Na

Purchase Details

Closed on
Aug 9, 2004
Sold by
Beck Developing Group Llc
Bought by
169 Delray Llc

Purchase Details

Closed on
May 17, 2004
Sold by
Lucien Gary and Lucien Dorcas
Bought by
Beck Developing Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.77%
Mortgage Type
Balloon
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
Hicks William $1,750,000 Attorney
1010 Rhodes Villa Avenue Llc $1,225,000 Attorney
1010 Rhodes Villa Avenue Llc -- Attorney
Mason Chris $450,000 None Available
Hsbc Bank Usa Na -- None Available
169 Delray Llc $315,000 --
Beck Developing Group Llc $300,000 Promulgated Title Corporatio
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1010 Rhodes Villa Avenue Llc $612,500
Previous Owner Beck Developing Group Llc $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/02/2022 02/02/22 Sold $1,750,000 0.0% $1,094 / Sq Ft
02/02/2022 02/02/22 For Sale $1,750,000 +42.9% $1,094 / Sq Ft
09/04/2018 09/04/18 Sold $1,225,000 -16.0% $766 / Sq Ft View Prior Sale
08/05/2018 08/05/18 Pending -- -- --
12/17/2017 12/17/17 For Sale $1,459,000 -- $912 / 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 $82,841 $4,573,741 -- --
2023 $35,359 $1,742,400 $0 $0
2022 $30,902 $1,584,000 $0 $0
2021 $24,253 $1,200,000 $1,200,000 $0
2020 $24,282 $1,181,732 $1,090,000 $91,732
2019 $24,455 $1,177,022 $1,100,000 $77,022
2018 $6,209 $338,366 $0 $0
2017 $6,186 $331,406 $0 $0
2016 $6,216 $324,590 $0 $0
2015 $6,379 $322,334 $0 $0
2014 $6,419 $319,776 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10774090

BeachesMLS

APN: 12-43-46-21-15-000-0061