$4,495,000
SOLD AUG 11, 2022

1101 Thomas St Delray Beach, FL 33483

4 Beds
3.5 Baths
3,698 Sq Ft
0.46 Acres

Recently Sold

$1,216 Per Sq Ft

17 Days on Market

Highlights

  • Private Pool
  • Wood Flooring
  • Pool View
  • Sauna
  • Corner Lot
  • Den

About This Home

As of August 2022

Extremely rare opportunity in East Delray Beach located just two short blocks to both downtown Atlantic Avenue and the ocean. This seaside cottage has been completely renovated and is situated on a large corner estate lot which is truly one of a kind, especially this close to town and the beach. The property has been meticulously maintained and is full of natural light and charm. The residence has been renovated and updated; however, still maintains and embraces the elegance and quaintness one would desire in a true beachside cottage. Please see full remarks for a list of upgrades and features of this Beachside Cottage.

Last Agent to Sell the Property

NICHOLAS MALINOSKY

Douglas Elliman License #3103961 Listed on: 06/24/2022

Douglas Elliman

Last Buyer's Agent

Courtney Knopf

The Corcoran Group License #3381744

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,326

Year Built

  • Built in 1937

Lot Details

  • Fenced
  • Corner Lot
  • Sprinkler System
  • Property is zoned R-1-AA

Parking

  • 2 Car Attached Garage
  • Circular Driveway

Home Design

  • Concrete Roof

Interior Spaces

  • 3,698 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • French Doors
  • Family Room
  • Florida or Dining Combination
  • Den
  • Sauna
  • Wood Flooring
  • Pool Views
  • Impact Glass

Kitchen

  • Breakfast Bar
  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Private Pool
  • Central Heating and Cooling System

Community Details

  • Ocean Breeze Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434616190000260

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,326

Year Built

Built in 1937

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: E Atlantic Ave to Seabreeze Ave; north to property at corner of Thomas St
  • Year Built: 1937
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Dual Sinks, Family/Dining Room, French Door(s)/Atrium Door(s), Fireplace, Pantry, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Gas Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Other, Wood
  • Living Area: 3698.0
  • Dining Room Type: Den, Family Room, Laundry, Sauna
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Fence
  • View: Pool
  • Lot Features: Corner Lot, Sprinklers Automatic
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block, Other
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Driveway, Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434616190000260
  • Zoning Description: R-1-AA

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 16326.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Aug 11, 2022
Sold by
1101 Thomas St Llc
Bought by
Bancroft Charles A and Bancroft Stacey L
Seller's Agent
NICHOLAS MALINOSKY
Douglas Elliman
Buyer's Agent
Courtney Knopf
The Corcoran Group
List Price
$4,495,000
Sold Price
$4,495,000
Current Estimated Value
$5,426,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$931,364
Avg. Annual Appreciation
6.14%

Purchase Details

Listed on
Mar 11, 2021
Closed on
Jul 19, 2021
Sold by
Max Terry G and Max Linda
Bought by
1101 Thomas St Llc
Seller's Agent
Pascal Liguori
Premier Estate Properties, Inc
Buyer's Agent
NICHOLAS MALINOSKY
Douglas Elliman
List Price
$3,695,000
Sold Price
$3,300,000
Premium/Discount to List
-$395,000
-10.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.85%

Purchase Details

Closed on
Jun 23, 1998
Sold by
Scannell Thomas F and Scannell Mary C
Bought by
Max Terry G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.14%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $4,495,000 Sachs Sax Caplan Pl
Warranty Deed $3,300,000 Attorney
Warranty Deed $545,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $500,000 Credit Line Revolving
Previous Owner $375,000 New Conventional
Previous Owner $925,000 New Conventional
Previous Owner $380,000 Credit Line Revolving
Previous Owner $904,500 Unknown
Previous Owner $571,000 Stand Alone First
Previous Owner $350,000 Credit Line Revolving
Previous Owner $395,500 Unknown
Previous Owner $400,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2022 08/11/22 Sold $4,495,000 0.0% $1,216 / Sq Ft
07/12/2022 07/12/22 Pending -- -- --
06/24/2022 06/24/22 For Sale $4,495,000 +36.2% $1,216 / Sq Ft
07/19/2021 07/19/21 Sold $3,300,000 -10.7% $892 / Sq Ft
06/19/2021 06/19/21 Pending -- -- --
03/11/2021 03/11/21 For Sale $3,695,000 -- $999 / 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 $72,874 $4,022,979 -- --
2023 $68,353 $3,595,223 $2,663,741 $931,482
2022 $55,833 $2,855,142 $0 $0
2021 $16,326 $838,940 $0 $0
2020 $16,229 $827,357 $0 $0
2019 $16,029 $808,756 $0 $0
2018 $15,376 $793,676 $0 $0
2017 $15,347 $777,352 $0 $0
2016 $15,461 $761,363 $0 $0
2015 $15,878 $756,071 $0 $0
2014 $15,985 $750,070 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10811385

BeachesMLS

APN: 12-43-46-16-19-000-0260