NOT LISTED FOR SALE

Estimated Value: $807,188 - $1,398,000

2 Beds
2 Baths
1,735 Sq Ft
1 Acres

Last Sold June 24, 2013

Last sale price $463,000 $267 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $6,528/month

Highlights

  • Ocean View
  • No HOA
  • Breakfast Area or Nook
  • Vaulted Ceiling
  • Den
  • Balcony

About This Home

As of May 2018

Luxurious Annual Townhome in the heart of Downtown Delray - Walk to restaurants, shopping, and the beach! Live on The Ave in this gorgeously modern two bedroom, two bath walk up. Bonus office & bonus den on third floor looking out across a breathtaking Delray cityscape. Immerse yourself downtown with late evenings on the private rooftop terrace which gives entire 360° views of Atlantic Avenue. Offered unfurnished or furnished with loads of extra's! Schedule a tour today.

Last Agent to Rent the Property

Jason Salzman

MMLS Assoc.-Inactive Member License #3264335 Listed on: 03/05/2018

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,861

Year Built

  • Built in 2004

Lot Details

  • West Facing Home

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,735 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Den
  • Concrete Flooring
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Attached Carport Space
  • Guest Parking
  • On-Street Parking
  • Open Parking

Outdoor Features

  • Balcony
  • Outdoor Grill
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 4/2/18
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 12-43-46-16-H5-000-2010

Community Details

Overview

  • No Home Owners Association
  • Downtown Lofts Condos
  • Downtown Lofts Subdivision

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$11,861

Year Built

Built in 2004

Lot Details

0

Rental Info

  • Pets Allowed: Maximum 20 Lbs
  • Available Date: 2018-04-02
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2004
  • Property Sub Type: Condominium
  • Architectural Style: First Floor Entry, Multi Level
  • Carport Y N: Yes
  • Directions: From i95: Exit EAST on Atlantic Avenue to 4TH AVE, SOUTH on 4TH AVE. Building on EAST side of road.
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 3
  • Structure Type: Townhouse/Villa-Annual, Condo
  • Subdivision Name: Downtown Lofts
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Pantry, Split Bedroom, Volume Ceilings, Walk-In Closet(s), Den/Library/Office
  • Spa Yn: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Concrete
  • Furnished: Unfurnished
  • Living Area: 1735
  • Stories: 3
  • Bedroom Features: Primary Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Dining/Living Room, Snack Bar/Counter
  • Living Room Features: Den/Library/Office

Exterior Features

  • View: Ocean, Other
  • Exterior Features: Barbeque, Open Balcony
  • Direction Faces: West
  • Patio And Porch Features: Porch/Balcony, Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Downtown Lofts
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Open Parking: Yes
  • Parking Features: Attached Carport, Covered, Guest, On Street

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 12-43-46-16-H5-000-2010
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: RES
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2021
Sold by
Depenbrock Edward
Bought by
Depenbrock Edward and Lawrence Elizabeth
Current Estimated Value
$1,044,797

Purchase Details

Closed on
Aug 7, 2019
Sold by
Kablawi Rawan O and Bussey Nathan
Bought by
Depenbrock Edward

Purchase Details

Listed on
Feb 19, 2013
Closed on
Jun 24, 2013
Sold by
Kretschmar Erik
Bought by
Kablawi Rawan O
Seller's Agent
Cheran Marek
Douglas Elliman
Buyer's Agent
Bibiana Rogers
Valore Group Real Estate
List Price
$525,000
Sold Price
$463,000
Premium/Discount to List
-$62,000
-11.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.85%
Original Mortgage
$427,500
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2004
Sold by
Downtown Lofts Group Llc
Bought by
Kretschmar Erik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
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
Depenbrock Edward -- Attorney
Depenbrock Edward $565,000 Attorneys Title Services Llc
Kablawi Rawan O $463,000 Attorney
Kretschmar Erik $322,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kablawi Rawan O $427,500
Previous Owner Kretschmar Erik $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/03/2018 05/03/18 Rented $3,300 -2.2% --
04/27/2018 04/27/18 Under Contract -- -- --
04/11/2018 04/11/18 For Rent $3,375 0.0% --
04/02/2018 04/02/18 Off Market $3,375 -- --
03/19/2018 03/19/18 Price Changed $3,375 -10.0% $2 / Sq Ft
03/05/2018 03/05/18 For Rent $3,750 -84.4% --
12/01/2017 12/01/17 Rented $24,000 +433.3% --
11/01/2017 11/01/17 Under Contract -- -- --
06/20/2017 06/20/17 For Rent $4,500 0.0% --
06/24/2013 06/24/13 Sold $463,000 -11.8% $272 / Sq Ft View Prior Sale
05/25/2013 05/25/13 Pending -- -- --
02/19/2013 02/19/13 For Sale $525,000 -- $308 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $11,861 $559,020 -- --
2023 $11,159 $508,200 $0 $0
2022 $10,086 $462,000 $0 $0
2021 $9,008 $420,000 $0 $420,000
2020 $8,762 $405,000 $0 $405,000
2019 $7,670 $350,000 $0 $350,000
2018 $6,882 $320,000 $0 $320,000
2017 $6,410 $334,148 $0 $0
2016 $6,434 $327,275 $0 $0
2015 $6,597 $325,000 $0 $0
2014 $6,693 $325,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10429201

MIAMI REALTORS® MLS

APN: 12-43-46-16-H5-000-2010