112 SW 8th Ave Delray Beach, FL 33444
Downtown Delray Beach Neighborhood
--
Bed
--
Bath
1,997
Sq Ft
4,269
Sq Ft Lot
Highlights
- Cooling System Mounted To A Wall/Window
- No Heating
- 1-minute walk to Dr Rev JWH Thomas Jr Park
- Tile Flooring
About This Home
As of June 2019INVESTOR 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
Lang Realty/Delray Beach License #3041690 Listed on: 01/30/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,894
Year Built
- Built in 1950
Home Design
- Duplex
- Shingle Roof
- Composition Roof
Interior Spaces
- 1,997 Sq Ft Home
- 1-Story Property
- Tile Flooring
Schools
- Atlantic Technical High School
Utilities
- Cooling System Mounted To A Wall/Window
- No Heating
Listing and Financial Details
- Assessor Parcel Number 12434617380000391
Community Details
Overview
- 2 Units
- Lincoln Park Subdivision
Building Details
- Operating Expense $10,027
- Net Operating Income $15,173
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 30, 2019
Closed on
Jun 27, 2019
Sold by
Eight Holding Llc
Bought by
Ak Top Llc
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%
Total Days on Market
117
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,554
Avg. Annual Appreciation
14.93%
Purchase Details
Closed on
Oct 12, 2011
Sold by
Wells Fargo Bank Na
Bought by
Eight Holdings Llc
Purchase Details
Closed on
Dec 2, 2004
Sold by
Adams Faith C and Adams Ernest D
Bought by
Fleysher Emil
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
Ernest D Adams M and Adams M Ruby G
Bought by
Adams Faith C
Similar Homes in Delray Beach, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $197,000 | Attorney | |
| Special Warranty Deed | $62,500 | Coastal Title Inc | |
| Warranty Deed | $150,000 | Advantage Title & Escrow Inc | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $112,500 | Stand Alone First |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/16/2019 10/16/19 | For Rent | $1,650 | 0.0% | -- |
| 10/16/2019 10/16/19 | Rented | $1,650 | 0.0% | -- |
| 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
Tax History Compared to Growth
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 | $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
Agents Affiliated with this Home
-
Amy Snook
Seller's Agent in 2019
Amy Snook
Lang Realty/Delray Beach
(954) 445-4545
39 in this area
195 Total Sales
-
S
Seller's Agent in 2019
Sandra Navarro
Global Real Estate Advisors LLC
-
Noreen Payne
N
Seller Co-Listing Agent in 2019
Noreen Payne
Lang Realty/Delray Beach
(561) 571-2289
38 in this area
185 Total Sales
-
Mehmet Ozkurt
M
Buyer's Agent in 2019
Mehmet Ozkurt
Heartland Realty Group LLC
(561) 827-3141
10 Total Sales
Map
Source: BeachesMLS
MLS Number: R10500176
APN: 12-43-46-17-38-000-0391
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