NOT LISTED FOR SALE

Estimated Value: $440,189

3 Beds
3 Baths
1,997 Sq Ft
$220/Sq Ft Est. Value

Sale Details

Date Sold: June 27, 2019

Last sale price $197,500 $99 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $2,813 / mo

137 Days on Market

Highlights

  • No HOA
  • No Heating
  • 1-minute walk to Dr Rev JWH Thomas Jr Park
  • Tile Flooring

About This Home

As of June 2019

INVESTOR Opportunity! Located east of I95 and within a block of Atlantic Avenue, this single-family home plus a cottage provides 2 separate income producing properties. The main home is 3 bedrooms/2 bath and the cottage is 2 bedrooms/1 bath. Proximity to Atlantic Avenue in downtown Delray Beach provides for a fantastic rental market for ongoing consistent rental income.

Last Agent to Sell the Property

Amy Snook

Lang Realty/Delray Beach License #3041690 Listed on: 05/29/2019

Lang Realty/Delray Beach

Co-Listed By

Noreen Payne

Lang Realty/Delray Beach License #3342729

Last Buyer's Agent

Mehmet Ozkurt

Heartland Realty Group LLC License #3135367

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,894

Year Built

  • Built in 1950

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 3 Bathrooms
  • 1,997 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Schools

  • Plumosa School Of The Arts K-8 Elementary School
  • Atlantic High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Three-Phase Power

Listing and Financial Details

  • Tenant pays for electricity, sewer, water
  • Assessor Parcel Number 12434617380000391

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Lincoln Park Subdivision

Building Details

  • Gross Income $25,200
  • Net Operating Income $15,173

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,894

Year Built

Built in 1950

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: FROM I95 EAST OF ATLANTIC AVE TO SW 8 AVE. RIGHT TO PROPERTY.
  • Year Built: 1950
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1997.0

Exterior Features

  • Exterior Features: None
  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Multiple Meters, Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association: No

Schools

  • Elementary School: Plumosa School of the Arts K-8
  • High School: Atlantic

Lot Info

  • Parcel #: 12434617380000391
  • Mobile Dim Units: Feet
  • Zoning: RM(cit

Rental Info

  • Tenant Pays: Electricity, Sewer, Water

Multi Family

  • Property Net Operating Income: 15173.0
  • Number Of Units In Community: 2
  • Number Of Units Total: 4
  • Annual Gross Income: 25200.0

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3894.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2019
Closed on
Jun 27, 2019
Sold by
Bought by
Seller's Agent
Amy Snook
Lang Realty/Delray Beach
Buyer's Agent
Mehmet Ozkurt
Heartland Realty Group LLC
List Price
$235,000
Sold Price
$197,500
Premium/Discount to List
-$37,500
-15.96%
Current Estimated Value
$440,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,689
Avg. Annual Appreciation
11.84%

Purchase Details

Closed on
Oct 12, 2011
Sold by
Bought by

Purchase Details

Closed on
Dec 2, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
5.67%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 10, 2001
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$197,000 Attorney
$62,500 Coastal Title Inc
$150,000 Advantage Title & Escrow Inc
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $112,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/27/2019 06/27/19 Sold $197,500 -16.0% $99 / Sq Ft
05/28/2019 05/28/19 Pending -- -- --
01/30/2019 01/30/19 For Sale $235,000 -- $118 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,773 $229,328
2024 $4,773 $208,480
2023 $4,509 $189,527 $120,516 $170,097
2022 $3,802 $172,297 $0 $0
2021 $3,401 $156,634 $50,000 $106,634
2020 $2,916 $143,325 $46,400 $96,925
2019 $2,422 $130,992 $42,400 $88,592
2018 $2,181 $121,321 $43,386 $77,935
2017 $2,056 $112,743 $28,924 $83,819
2016 $1,878 $69,758 $0 $0
2015 $1,781 $63,416 $0 $0
2014 $1,641 $57,651 $0 $0
Source: Public Records

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10500176

BeachesMLS (Greater Fort Lauderdale)

APN: 12-43-46-17-38-000-0391

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