NOT LISTED FOR SALE

1202 Southways Delray Beach, FL 33483

Estimated Value: $3,998,403 - $5,245,000

5 Beds
5 Baths
2,753 Sq Ft
$1,617/Sq Ft Est. Value

Last Sold March 10, 2014

Last sale price $1,700,000 $618 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $26,341/month

95 Days on Market

Highlights

  • Gunite Pool
  • Roman Tub
  • Garden View
  • Vaulted Ceiling
  • Wood Flooring
  • Sun or Florida Room

About This Home

As of March 2014

A quintessential beach cottage reminiscent of Malibu, located approximately 100 yards from the sand with deeded access to your own private surf break. Key West style with metal roof and pastel colors. Over-sized lot with front and rear access. Beautiful mature landscaping lends a Polynesian ambiance. Courtyard styling around the 30X15 gunite heated pool. A total restoration was completed in 2005 with new roof and hurricane impact windows. The main house enjoys 3 bedrooms with en suite bathrooms(2 with jetted tubs). The kitchen is designed with new retro refrigerator and dishwasher as seen on The Rachael Ray Show. Separate guesthouse opens to the pool through French doors and boasts a kitchenette and 2 bedrooms and 2 baths and private entrance and driveway. A must see for a beach lifestyle.

Last Agent to Sell the Property

Chris Van Cott

Lang Realty/Delray Beach License #151768 Listed on: 11/04/2013

Last Buyer's Agent

Thomas Reutter

Reutter Investments Inc. License #568777

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,171

Year Built

  • Built in 1959

Lot Details

  • 0.43 Acre Lot
  • Cul-De-Sac
  • Sprinkler System
  • Property is zoned 1aaa

Parking

  • 1 Car Garage
  • Garage Door Opener

Property Views

  • Garden
  • Pool

Home Design

  • Metal Roof

Interior Spaces

  • 2,753 Sq Ft Home
  • 1-Story Property
  • Custom Mirrors
  • Vaulted Ceiling
  • Skylights
  • Fireplace
  • Awning
  • Plantation Shutters
  • French Doors
  • Family Room
  • Combination Dining and Living Room
  • Sun or Florida Room

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 5 Full Bathrooms
  • Roman Tub

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Lights
  • Motion Detectors

Pool

  • Gunite Pool
  • Pool Equipment or Cover

Outdoor Features

  • Patio

Utilities

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

Community Details

  • S/D Of 9 46 43 Subdivision, Custome Floorplan

Listing and Financial Details

  • Assessor Parcel Number 12434609390000299

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,171

Year Built

Built in 1959

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Ocean Blvd.(A1A) 1 block south of George Bush Blvd. to Southways
  • Year Built: 1959
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: French Door(s)/Atrium Door(s), Fireplace, Garden Tub/Roman Tub, Living/Dining Room, Custom Mirrors, Split Bedrooms, Skylights, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Living Area: 2753.0
  • Dining Room Type: Family Room, Dining Room, Florida Room
  • Stories: 1
  • Window Features: Plantation Shutters, Skylight(s)

Exterior Features

  • Exterior Features: Awning(s), Patio
  • View: Garden, Pool
  • Lot Features: Cul-De-Sac, Sprinklers Automatic
  • Pool Features: Gunite, Pool Equipment, Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener

Utilities

  • Security: Security System, Motion Detectors, Security Lights
  • 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
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434609390000299
  • Lot Size Sq Ft: 18731.0
  • Zoning Description: 1aaa
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 25171.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2013
Closed on
Mar 10, 2014
Sold by
Boone David E and Boone Beverly D
Bought by
Miller Paul T
Seller's Agent
Chris Van Cott
Lang Realty/Delray Beach
Buyer's Agent
Thomas Reutter
Reutter Investments Inc.
List Price
$1,750,000
Sold Price
$1,700,000
Premium/Discount to List
-$50,000
-2.86%
Current Estimated Value
$4,450,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,750,851
Avg. Annual Appreciation
8.64%
Original Mortgage
$1,120,000
Outstanding Balance
$825,124
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,625,727

Purchase Details

Closed on
Jan 28, 2009
Sold by
Rybko Laurence S
Bought by
Boone David

Purchase Details

Closed on
Oct 21, 2005
Sold by
Grikitis Andre and Grikitis Elinor P
Bought by
Rybko Laurence S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,999
Interest Rate
8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2005
Sold by
Bacon William T
Bought by
Grikitis Andre
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
Miller Paul T $1,600,000 Attorney
Boone David $1,025,000 Title One Of Florida
Rybko Laurence S $1,350,000 --
Grikitis Andre $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Paul T $1,120,000
Previous Owner Rybko Laurence S $999,999
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2014 03/10/14 Sold $1,700,000 -2.9% $618 / Sq Ft
02/08/2014 02/08/14 Pending -- -- --
11/04/2013 11/04/13 For Sale $1,750,000 -- $636 / 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 $32,644 $1,801,790 -- --
2023 $32,870 $1,749,311 $0 $0
2022 $32,686 $1,698,360 $0 $0
2021 $32,840 $1,648,893 $0 $0
2020 $32,655 $1,626,127 $0 $0
2019 $32,268 $1,589,567 $0 $0
2018 $30,979 $1,559,928 $0 $0
2017 $30,937 $1,527,843 $0 $0
2016 $31,158 $1,496,418 $0 $0
2015 $32,003 $1,486,016 $0 $0
2014 $25,239 $1,159,516 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R9990869

BeachesMLS

APN: 12-43-46-09-39-000-0299