1120 Ocean Terrace Delray Beach, FL 33483
4
Beds
5.5
Baths
3,302
Sq Ft
2007
Built
Highlights
- Ocean View
- Marble Flooring
- Loft
- Deck
- Jettted Tub and Separate Shower in Primary Bathroom
- 4-minute walk to Anchor Park
About This Home
As of September 2024This home is located at 1120 Ocean Terrace, Delray Beach, FL 33483 and is currently priced at $3,500,000, approximately $1,059 per square foot. This property was built in 2007. 1120 Ocean Terrace is a home located in Palm Beach County with nearby schools including Pine Grove Elementary School, Carver Middle School, and Atlantic High School.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $38,101
Year Built
- Built in 2007
Lot Details
- Fenced
- Sprinkler System
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
Property Views
- Ocean
- Pool
Interior Spaces
- 3,302 Sq Ft Home
- 3-Story Property
- Elevator
- Central Vacuum
- Furnished
- Bar
- Ceiling Fan
- French Doors
- Entrance Foyer
- Great Room
- Loft
- Home Security System
Kitchen
- Electric Range
- <<microwave>>
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Marble
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- Bidet
- Dual Sinks
- Jettted Tub and Separate Shower in Primary Bathroom
Laundry
- Laundry Room
- Washer and Dryer
Outdoor Features
- Balcony
- Deck
- Open Patio
Schools
- Carver; G.W. Middle School
- Atlantic Technical High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 12434616220260051
Community Details
Overview
- Beach Lots Delray Subdivision
Pet Policy
- Pets Allowed
Security
- Impact Glass
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 16, 2024
Closed on
Sep 16, 2024
Sold by
Mazzitelli Romano Maria and Deluca Steven J
Bought by
Schroeder Geoffrey P
Seller's Agent
Lemore Zausner
Serhant
Buyer's Agent
William Martin
Coldwell Banker Realty /Delray Beach
List Price
$3,500,000
Sold Price
$3,500,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.81%
Purchase Details
Listed on
Apr 22, 2021
Closed on
Oct 29, 2021
Sold by
Schroeder Geoffrey P and Schroeder Jeanne M
Bought by
Romano Maria Mazzitelli and Deluca Steven J
Seller's Agent
William Martin
Coldwell Banker Realty /Delray Beach
Buyer's Agent
Lemore Zausner
Serhant
List Price
$2,850,000
Sold Price
$2,750,000
Premium/Discount to List
-$100,000
-3.51%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.73%
Original Mortgage
$1,592,500
Interest Rate
2.99%
Mortgage Type
New Conventional
Purchase Details
Listed on
Dec 5, 2020
Closed on
Apr 5, 2021
Sold by
Civardi Stephen and Civardi Denise
Bought by
Schroeder Geoffrey P and Schroeder Jeanne M
Seller's Agent
Hartford Howell
Your Home Sold Guaranteed
Buyer's Agent
William Martin
Coldwell Banker Realty /Delray Beach
List Price
$2,500,000
Sold Price
$2,482,000
Premium/Discount to List
-$18,000
-0.72%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.71%
Original Mortgage
$1,725,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 21, 2014
Closed on
Dec 1, 2015
Sold by
Dykeman Steven R and Dykeman Lori M
Bought by
Civardi Stephen
Seller's Agent
Pascal Liguori
Premier Estate Properties, Inc
Buyer's Agent
Deborah Davis
Your Home Sold Guaranteed
List Price
$1,995,000
Sold Price
$1,600,000
Premium/Discount to List
-$395,000
-19.8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.55%
Original Mortgage
$417,000
Interest Rate
3.83%
Mortgage Type
New Conventional
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 | $3,500,000 | Florida Title & Closing | |
| Warranty Deed | $2,750,000 | Attorney | |
| Warranty Deed | $2,482,000 | Corporate Title Inc | |
| Warranty Deed | $1,600,000 | Columbia Title Services Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,592,500 | New Conventional | |
| Previous Owner | $1,725,000 | New Conventional | |
| Previous Owner | $417,000 | New Conventional | |
| Previous Owner | $350,100 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $350,000 | New Conventional | |
| Previous Owner | $378,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/25/2025 02/25/25 | Price Changed | $35,000 | +94.4% | $11 / Sq Ft |
| 01/13/2025 01/13/25 | Price Changed | $18,000 | -10.0% | $5 / Sq Ft |
| 10/30/2024 10/30/24 | Price Changed | $20,000 | -20.0% | $6 / Sq Ft |
| 10/18/2024 10/18/24 | For Rent | $25,000 | 0.0% | -- |
| 09/16/2024 09/16/24 | Sold | $3,500,000 | 0.0% | $1,060 / Sq Ft |
| 09/16/2024 09/16/24 | For Sale | $3,500,000 | 0.0% | $1,060 / Sq Ft |
| 09/16/2024 09/16/24 | Rented | $25,000 | 0.0% | -- |
| 05/14/2024 05/14/24 | Price Changed | $25,000 | -5.7% | $8 / Sq Ft |
| 04/22/2024 04/22/24 | Price Changed | $26,500 | -5.4% | $8 / Sq Ft |
| 03/12/2024 03/12/24 | Price Changed | $28,000 | +75.0% | $8 / Sq Ft |
| 03/12/2024 03/12/24 | For Rent | $16,000 | 0.0% | -- |
| 10/29/2021 10/29/21 | Sold | $2,750,000 | -3.5% | $833 / Sq Ft |
| 09/29/2021 09/29/21 | Pending | -- | -- | -- |
| 04/22/2021 04/22/21 | For Sale | $2,850,000 | +14.8% | $863 / Sq Ft |
| 04/05/2021 04/05/21 | Sold | $2,482,000 | -0.7% | $752 / Sq Ft |
| 03/06/2021 03/06/21 | Pending | -- | -- | -- |
| 12/05/2020 12/05/20 | For Sale | $2,500,000 | +56.3% | $757 / Sq Ft |
| 12/01/2015 12/01/15 | Sold | $1,600,000 | -19.8% | $485 / Sq Ft |
| 11/01/2015 11/01/15 | Pending | -- | -- | -- |
| 08/21/2014 08/21/14 | For Sale | $1,995,000 | 0.0% | $604 / Sq Ft |
| 08/08/2013 08/08/13 | Rented | $13,500 | 0.0% | -- |
| 07/09/2013 07/09/13 | Under Contract | -- | -- | -- |
| 07/02/2013 07/02/13 | For Rent | $13,500 | -- | -- |
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 | $38,932 | $2,128,607 | -- | -- |
| 2023 | $38,101 | $2,005,956 | $546,986 | $1,458,970 |
| 2022 | $58,592 | $3,001,984 | $0 | $0 |
| 2021 | $20,139 | $991,374 | $393,108 | $598,266 |
| 2020 | $21,536 | $1,051,412 | $381,100 | $670,312 |
| 2019 | $21,571 | $1,041,380 | $370,000 | $671,380 |
| 2018 | $23,147 | $1,142,406 | $367,751 | $774,655 |
| 2017 | $22,554 | $1,090,763 | $367,751 | $723,012 |
| 2016 | $23,376 | $1,098,893 | $0 | $0 |
| 2015 | $21,540 | $978,104 | $0 | $0 |
| 2014 | $21,857 | $977,728 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
William Martin
W
Seller's Agent in 2024
William Martin
Coldwell Banker Realty /Delray Beach
(203) 246-6485
3 in this area
35 Total Sales
-
Lemore Zausner
L
Seller's Agent in 2024
Lemore Zausner
Serhant
(561) 870-5598
8 in this area
41 Total Sales
-
Renata LaRocque
Seller Co-Listing Agent in 2024
Renata LaRocque
Coldwell Banker Realty /Delray Beach
(561) 344-1233
2 in this area
33 Total Sales
-
Hartford Howell
Seller's Agent in 2021
Hartford Howell
Your Home Sold Guaranteed
(561) 327-1930
2 in this area
87 Total Sales
-
Deborah Davis
D
Seller Co-Listing Agent in 2021
Deborah Davis
Your Home Sold Guaranteed
(888) 396-9988
2 in this area
7 Total Sales
-
Pascal Liguori
P
Seller's Agent in 2015
Pascal Liguori
Premier Estate Properties, Inc
(561) 414-4849
62 in this area
163 Total Sales
Map
Source: BeachesMLS
MLS Number: R11021378
APN: 12-43-46-16-22-026-0051
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