$2,760,000 - $4,060,000
RENTED SEP 30, 2024

120 Grove Way Delray Beach, FL 33444

Downtown Delray Beach Neighborhood
3 Beds
3.5 Baths
3,255 Sq Ft
$982 Price per Sq Ft

Last Sold October 26, 2015

Last sale price $1,465,000 $450 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $19,682/month

Highlights

  • Private Pool
  • Loft
  • Great Room
  • Wood Flooring
  • Furnished
  • Den

About This Home

As of September 2024

Located in the prestigious Grove at Lake Ida neighborhood close to trendy Atlantic Avenue and the beaches. The primary bedroom is on the ground floor. 4 bedrooms (4th bedroom is a loft) PLUS there is a dedicated office. Loft/4th bedroom can be used as a living/hangout room or used to accommodate overnight guests. Beautiful and private backyard with a sunny deck, heated pool, lighted BBQ grill and outside refrigerator and shower plus a peaceful covered Lanai. Enjoy your resort-like surroundings at home or walk, ride or bike just minutes to famous Downtown Delray Beach and Delray's beautiful beach. Great for a family that is relocating or renovating this summer. AVAILABLE Now to Oct 31. NOT avail for season or annual. Three month minimum. Shorter term $10,000 per month.

Last Agent to Rent the Property

Michelle Yales

Douglas Elliman License #3304792 Listed on: 03/13/2024

Douglas Elliman

Last Renter's Agent

Michelle Yales

Douglas Elliman License #3304792 Listed on: 03/13/2024

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,858

Year Built

  • Built in 2015

Lot Details

  • Fenced
  • Sprinkler System

Parking

  • Driveway

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,255 Sq Ft Home
  • Furnished
  • Great Room
  • Den
  • Loft

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Private Pool
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater

Community Details

  • Grove At Lake Ida Subdivision

Listing and Financial Details

  • Property Available on 5/1/24
  • Assessor Parcel Number 12434608490000040

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,858

Year Built

Built in 2015

Lot Details

0

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2024-05-01

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Atlantic Avenue to Swinton to Grove Way
  • Year Built: 2015
  • Entry Level: 1
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Pantry, Separate Shower, Walk-In Closet(s), Loft
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Tile, Wood
  • Living Area: 3255.0
  • Dining Room Type: Den, Great Room, Laundry, Loft

Exterior Features

  • Exterior Features: Fence, Patio
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Yn: No
  • Parking Features: Driveway

Utilities

  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Non-Gated, Sidewalks
  • Senior Community: No
  • Pets Allowed: No

Lot Info

  • Parcel #: 12434608490000040
  • Lot Size: < 1/4 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2015
Closed on
Aug 4, 2015
Sold by
202 Grove Llc
Bought by
Rankin Robin
Seller's Agent
Pascal Liguori
Premier Estate Properties, Inc
Buyer's Agent
Judith Lukens
Premier Estate Properties, Inc
List Price
$1,525,000
Sold Price
$1,465,000
Premium/Discount to List
-$60,000
-3.93%
Current Estimated Value
$3,195,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,730,731
Avg. Annual Appreciation
7.88%
Original Mortgage
$879,000
Outstanding Balance
$696,940
Interest Rate
4.11%
Mortgage Type
New Conventional
Estimated Equity
$2,463,026
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rankin Robin $1,465,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rankin Robin $879,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2024 09/30/24 Rented $8,000 -10.1% --
09/26/2024 09/26/24 Under Contract -- -- --
07/10/2024 07/10/24 Price Changed $8,900 -6.3% $3 / Sq Ft
05/23/2024 05/23/24 Price Changed $9,500 -5.0% $3 / Sq Ft
03/14/2024 03/14/24 For Rent $10,000 0.0% --
04/30/2023 04/30/23 Rented $10,000 0.0% --
03/17/2023 03/17/23 For Rent $10,000 -20.0% --
08/15/2022 08/15/22 Rented $12,500 0.0% --
07/16/2022 07/16/22 Under Contract -- -- --
03/14/2022 03/14/22 For Rent $12,500 +25.0% --
05/01/2021 05/01/21 Rented $10,000 0.0% --
04/01/2021 04/01/21 Under Contract -- -- --
03/25/2021 03/25/21 For Rent $10,000 0.0% --
10/26/2015 10/26/15 Sold $1,465,000 0.0% $483 / Sq Ft
09/26/2015 09/26/15 Pending -- -- --
06/03/2015 06/03/15 For Sale $1,465,000 -- $483 / 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 $32,858 $1,736,015 -- --
2023 $32,507 $1,578,195 $737,880 $1,201,411
2022 $29,167 $1,434,723 $0 $0
2021 $26,532 $1,304,294 $396,000 $908,294
2020 $26,277 $1,313,727 $378,000 $935,727
2019 $23,848 $1,148,288 $360,000 $788,288
2018 $23,561 $1,159,144 $363,216 $795,928
2017 $24,153 $1,165,000 $363,216 $801,784
2016 $30,187 $1,417,643 $0 $0
2015 $612 $28,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Landlord's Agent in 2024

    Michelle Yales

    Douglas Elliman

    (954) 263-4644

    19 in this area

    66 Total Sales

    Michelle Yales
    Section Image

  • K

    Buyer's Agent in 2022

    Kim Spring

    William Raveis Real Estate

    (954) 906-2992

    13 Total Sales

    Kim Spring
    Section Image

  • S

    Buyer's Agent in 2021

    Shelley Gruen

    Realty Express

    (561) 504-8515

    1 in this area

    10 Total Sales

    Shelley Gruen
    Section Image

  • P

    Seller's Agent in 2015

    Pascal Liguori

    Premier Estate Properties, Inc.

    (561) 414-4849

    23 in this area

    157 Total Sales

    Pascal Liguori
    Section Image

  • J

    Buyer's Agent in 2015

    JUDITH LUKENS

    Premier Estate Properties, Inc.

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10968486

BeachesMLS

APN: 12-43-46-08-49-000-0040

Florida Palm Beach County Delray Beach 33444 Downtown Delray Beach

120 Grove Way, Delray Beach, FL

This home is located at 120 Grove Way, Delray Beach, FL 33444 since 13 March 2024 and is currently priced at $3,195,731. This property was built in 2015. 120 Grove Way 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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