NOT LISTED FOR SALE

Estimated Value: $681,000 - $977,414

4 Beds
2 Baths
1,410 Sq Ft
$622/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $399,000 $283 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $5,492/month

27 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring
  • Wall Furnace

About This Home

As of January 2020

Three Unit Key West Style Rental Property close to Beach and Downtown Delray. Tennant's enjoy private patio's on a quiet street east of Federal Hwy. Two Efficiency apartments and one- One Bedroom apartment. Private parking for up to 6 cars. On site Laundry. Building in very good condition. 3 Bedroom X 3 Bath

Last Agent to Sell the Property

Brian Russo

Latitude Real Estate Inc. License #3508546 Listed on: 12/04/2019

Last Buyer's Agent

Cole Leavitt

CPRE Organization Inc License #3238799

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,668

Year Built

  • Built in 1949

Lot Details

  • 7,468

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,410 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Ceramic Tile

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Additional Features

  • No Fixed Bridges
  • 7,468 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 12434609070000030

Community Details

Overview

  • 4 Units
  • Eastview Subdivision

Building Details

  • Operating Expense $14,473
  • Net Operating Income $22,727

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,668

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: US1 to Eastview
  • Year Built: 1949
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1410.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront Features: No Fixed Bridges
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Parcel #: 12434609070000030
  • Lot Size Sq Ft: 7468.0
  • Zoning Description: RL(cit
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 22727.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 14473.0

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5668.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2024
Sold by
Shropa Christopher L and Patricia A Shropa Revocable Trust
Bought by
Shropa Christopher L and Shapiro Meredith
Current Estimated Value
$877,104

Purchase Details

Listed on
Dec 4, 2019
Closed on
Jan 31, 2020
Sold by
Corvino Gary A and Corvino Catherine L
Bought by
Shields James Barry
Seller's Agent
Brian Russo
Latitude Real Estate Inc.
Buyer's Agent
Cole Leavitt
CPRE Organization Inc
List Price
$389,000
Sold Price
$399,000
Premium/Discount to List
$10,000
2.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.08%
Original Mortgage
$299,250
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 8, 2011
Closed on
Mar 2, 2012
Sold by
Brown Timothy D and Brown Kristy L
Bought by
Corvino Gary A and Corvino Catherine L
Seller's Agent
Brian Russo
Latitude Real Estate Inc.
Buyer's Agent
Andrew Burrow
RE/MAX Direct
List Price
$109,000
Sold Price
$100,000
Premium/Discount to List
-$9,000
-8.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.09%
Original Mortgage
$75,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2003
Sold by
Brown Roy S
Bought by
Brown Timothy D and Brown Kristy L

Purchase Details

Closed on
Feb 20, 1995
Sold by
Brown Roy S and Brown Avis P
Bought by
Brown Roy S
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
Shropa Christopher L -- None Listed On Document
Shields James Barry $399,000 Florida Direct Title Inc
Corvino Gary A $100,000 Direct Title Ins Agency Ltd
Brown Timothy D $140,000 Atlantis Title Co Of Palm Be
Brown Roy S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shields James Barry $299,250
Previous Owner Corvino Gary A $75,000
Previous Owner Brown Timothy D $100,000
Previous Owner Brown Timothy D $136,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2020 01/31/20 Sold $399,000 +2.6% $283 / Sq Ft
01/01/2020 01/01/20 Pending -- -- --
12/04/2019 12/04/19 For Sale $389,000 +289.0% $276 / Sq Ft
03/02/2012 03/02/12 Sold $100,000 -8.3% $71 / Sq Ft
02/01/2012 02/01/12 Pending -- -- --
11/08/2011 11/08/11 For Sale $109,000 -- $77 / 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 $9,830 $422,145 -- --
2023 $8,983 $383,768 $415,571 $191,816
2022 $7,585 $348,880 $0 $0
2021 $6,614 $317,164 $222,068 $95,096
2020 $5,983 $358,933 $279,000 $79,933
2019 $5,670 $345,735 $270,000 $75,735
2018 $4,660 $259,533 $179,641 $79,892
2017 $4,233 $219,921 $167,889 $52,032
2016 $3,843 $166,513 $0 $0
2015 $3,531 $151,375 $0 $0
2014 $3,638 $153,681 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10582717

BeachesMLS

APN: 12-43-46-09-07-000-0030