NOT LISTED FOR SALE

1116 Thomas St Delray Beach, FL 33483

Estimated Value: $5,162,702 - $6,004,000

5 Beds
4.5 Baths
4,649 Sq Ft
$1,193/Sq Ft Est. Value

Last Sold April 11, 2017

Last sale price $1,710,000 $368 Per Sq Ft

Est. 224% increase in value since last sale

Current estimated payment $33,950/month

53 Days on Market

Highlights

  • Private Pool
  • Wood Flooring
  • Den
  • Garage Apartment
  • Garden View
  • Formal Dining Room

About This Home

As of April 2017

Welcome to this incredible 1937 Florida cottage located one block from the beach and just three blocks from East Delray Beach's Atlantic Avenue. The one-of-a-kind residence has been lovingly restored over the years and meticulously maintained resulting in a picture perfect beach cottage in a prime location. Enjoy the close proximity to Palm Beach, Boca Raton and all points in between. Florida charm greets you from the curb with a lush, green yard, shady trees with decorative bench and brick walkway. With hardwood floors, paneled walls, white moldings, fireplace, French doors and ample windows, the 1930's cottage design is enhanced with beautiful finishes. The foyer entry shows off the hardwood floors and staircase. The formal living room features a fireplace, built-ins, French doors and

Last Agent to Sell the Property

NICHOLAS MALINOSKY

Douglas Elliman License #3103961 Listed on: 01/17/2017

Douglas Elliman

Last Buyer's Agent

Russell Ellison

Lang Realty/Delray Beach License #3346575

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,591

Year Built

  • Built in 1937

Lot Details

  • 0.37 Acre Lot
  • North Facing Home
  • Fenced
  • Sprinkler System
  • Property is zoned R-1-AA

Parking

  • 2 Car Attached Garage
  • Garage Apartment

Property Views

  • Garden
  • Pool

Home Design

  • Frame Construction
  • Shake Roof
  • Wood Roof

Interior Spaces

  • 4,649 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Plantation Shutters
  • Blinds
  • French Doors
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Wood Flooring
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Private Pool
  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Wallace Square Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434616b70000011

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,591

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: East Atlantic Ave or George Bush Blvd to A1A, A1A to Thomas Street, west to property.
  • Year Built: 1937
  • Carport Y N: No
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Family/Dining Room, French Door(s)/Atrium Door(s), Fireplace, Kitchen Island, Pantry
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Wood
  • Living Area: 4649.0
  • Dining Room Type: Den, Garage Apartment
  • Stories: 2
  • Window Features: Blinds, Plantation Shutters

Exterior Features

  • Exterior Features: Fence, Patio
  • View: Garden, Pool
  • Lot Features: Sprinklers Automatic
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Disclosures: Deed Restriction
  • Construction Type: Frame
  • Direction Faces: North
  • Other Structures: Garage Apartment
  • Patio And Porch Features: Patio
  • Roof: Shake, Wood

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434616b70000011
  • Lot Size Sq Ft: 16127.0
  • Zoning Description: R-1-AA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 22591.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2017
Closed on
Apr 10, 2017
Sold by
Brockwell Thomas C and Brockwell Denise L
Bought by
Huntress Michael
Seller's Agent
NICHOLAS MALINOSKY
Douglas Elliman
Buyer's Agent
Russell Ellison
Lang Realty/Delray Beach
List Price
$1,849,000
Sold Price
$1,710,000
Premium/Discount to List
-$139,000
-7.52%
Current Estimated Value
$5,548,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,838,176
Avg. Annual Appreciation
14.85%
Original Mortgage
$1,200,000
Outstanding Balance
$996,111
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,552,065

Purchase Details

Closed on
Aug 11, 2003
Sold by
Deja View Llc
Bought by
Brockwell Thomas C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 3, 1998
Sold by
Luke William P and Luke Joan S
Bought by
Deja View Llc
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
Huntress Michael $1,710,000 Palm Title Services Inc
Brockwell Thomas C $1,200,000 South Ocean Title Inc
Deja View Llc $1,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huntress Michael $1,200,000
Previous Owner Brockwell Thomas C $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2017 04/11/17 Sold $1,710,000 -7.5% $368 / Sq Ft
03/12/2017 03/12/17 Pending -- -- --
01/17/2017 01/17/17 For Sale $1,849,000 -- $398 / 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 $53,023 $2,454,411 -- --
2023 $50,195 $2,231,283 $2,297,029 $1,114,346
2022 $44,785 $2,028,439 $0 $0
2021 $37,434 $1,844,035 $1,468,636 $375,399
2020 $37,331 $1,823,035 $1,442,000 $381,035
2019 $35,890 $1,829,307 $1,400,000 $429,307
2018 $31,013 $1,528,476 $1,421,058 $107,418
2017 $22,433 $1,122,273 $0 $0
2016 $22,591 $1,099,190 $0 $0
2015 $23,204 $1,091,549 $0 $0
2014 $23,363 $1,082,886 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2017

    NICHOLAS MALINOSKY

    Douglas Elliman

    (561) 306-4597

    50 in this area

    138 Total Sales

    NICHOLAS MALINOSKY
    Section Image

  • R

    Buyer's Agent in 2017

    Russell Ellison

    Lang Realty/Delray Beach

See All Agents

Map

Source: BeachesMLS

MLS Number: R10299455

BeachesMLS

APN: 12-43-46-16-B7-000-0011

Florida Palm Beach County Delray Beach 33483

1116 Thomas St, Delray Beach, FL

This home is located at 1116 Thomas St, Delray Beach, FL 33483 since 17 January 2017 and is currently estimated at $5,548,176, approximately $1,193 per square foot. This property was built in 1937. 1116 Thomas St is a home located in Palm Beach County with nearby schools including Plumosa School of the Arts, Carver Middle School, and Atlantic High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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