NOT LISTED FOR SALE

BANYAN HOUSE 1225 S Ocean Blvd Unit 1001 Delray Beach, FL 33483

Estimated Value: $1,253,000 - $1,532,000

2 Beds
2 Baths
1,616 Sq Ft
$1,280/mo HOA Fee

Last Sold March 13, 2015

Last sale price $600,000 $371 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $9,506/month

58 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Elevator
  • Boca Raton Community Middle School Rated A-
  • Community Pool
  • 4-minute walk to Atlantic Dunes Park

About This Home

As of March 2015

Direct Ocean Front unit on one of the finest beaches in S Florida. Views of the Ocean from Balcony, Living Room and Bedrooms Located only a few blocks to some of the best shopping, dining and entertaining in the area. Completely updated and tastefully decorated. Spacious bedrooms, with custom designed closets Master bath with marble countertops, and custom appointments. Beautiful laminate wood flooring in all rooms with the exception of baths and 2nd bedroom. Dining room chandelier does not convey Watch the sunrise each morning from your Florida home! This is a 55+ building. Monthly HOA fee increases to $1,342.00 on Jan 1, 2015

Last Agent to Sell the Property

Ann Alexander

Ann Alexander & Assoc., LLC License #187965 Listed on: 12/14/2014

Co-Listed By

Gerald Meeks

Ann Alexander & Assoc., LLC License #502144

Last Buyer's Agent

Sally Areson

Dunhill 100 LLC License #3074711

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,916

Year Built

  • Built in 1967

Lot Details

  • West Facing Home
  • Sprinkler System

HOA Fees

  • $1,280 Monthly HOA Fees

Property Views

Interior Spaces

  • 1,616 Sq Ft Home
  • Wet Bar
  • Entrance Foyer
  • Formal Dining Room
  • Closed Circuit Camera

Kitchen

  • Breakfast Bar
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Stacked Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Guest Parking
  • Open Parking
  • Assigned Parking

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 12434621180000540

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, laundry, ground maintenance, maintenance structure, parking, pest control, pool(s), roof, sewer, trash
  • 64 Units
  • High-Rise Condominium
  • Banyan House Cond Decl In Subdivision
  • 11-Story Property

Amenities

  • Doorman
  • Elevator

Recreation

Security

  • Resident Manager or Management On Site
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,916

Year Built

Built in 1967

Lot Details

0

HOA Fees

$1,280 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: East on Linton Blvd, over bridge turn left, Go North to 1225 S Ocean Blvd. on the East side. Go to the front desk and the person on duty will tell you where to park
  • Year Built: 1967
  • Architectural Style: High Rise
  • Unit Levels: Three Or More
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Bar, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Stacked Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Laminate
  • Living Area: 1616.0
  • Dining Room Type: Storage Room
  • Stories: 11
  • Window Features: Impact Glass

Exterior Features

  • View: Ocean, Pool
  • Lot Features: Sprinklers Automatic
  • Pool Features: None, Community
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: West
  • Roof: Other

Garage/Parking

  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Assigned, Guest, Open

Utilities

  • Security: Closed Circuit Camera(s), Door Man
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1280.0
  • Community Features: Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional, No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Laundry, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pool(s), Roof, Sewer, Trash

Lot Info

  • Parcel #: 12434621180000540
  • Zoning Description: RM

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 8916.0

Multi Family

  • Number Of Units In Community: 64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2014
Closed on
Mar 13, 2015
Sold by
Farnsley Douglass C and Farnsley Eliza S
Bought by
Brier Bruce and Brier Beth
Seller's Agent
Ann Alexander
Ann Alexander & Assoc., LLC
Buyer's Agent
Sally Areson
Dunhill 100 LLC
List Price
$614,000
Sold Price
$600,000
Premium/Discount to List
-$14,000
-2.28%
Current Estimated Value
$1,391,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$791,003
Avg. Annual Appreciation
7.58%

Purchase Details

Closed on
Feb 22, 2008
Sold by
Clark Barbara S
Bought by
Farnsley Douglass and Farnsley Eliza S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 2005
Sold by
Mccalla Stanley H
Bought by
Clark Barbara S

Purchase Details

Closed on
Apr 15, 2004
Sold by
Kranyecz John C
Bought by
Mccalla Stanley H and Clark Barbara S

Purchase Details

Closed on
May 23, 2000
Sold by
Pr John C Kranyecz Sr
Bought by
Kranyecz John C

Purchase Details

Closed on
Nov 17, 1997
Sold by
Kranyecz Frank L and Kranyecz Lucy A
Bought by
Kranyecz Lucy A
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
Brier Bruce $600,000 None Available
Farnsley Douglass $540,000 First Equity Title Llc
Clark Barbara S -- None Available
Mccalla Stanley H $450,000 --
Kranyecz John C -- --
Kranyecz Lucy A $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Farnsley Douglass $405,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2015 03/13/15 Sold $600,000 -2.3% $371 / Sq Ft
02/11/2015 02/11/15 Pending -- -- --
12/14/2014 12/14/14 For Sale $614,000 -- $380 / 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 $10,217 $594,849 -- --
2023 $10,260 $577,523 $0 $0
2022 $10,246 $560,702 $0 $0
2021 $10,279 $544,371 $0 $0
2020 $10,217 $536,855 $0 $0
2019 $10,086 $524,785 $0 $0
2018 $9,665 $515,000 $0 $515,000
2017 $9,655 $505,000 $0 $0
2016 $10,285 $480,000 $0 $0
2015 $9,621 $475,000 $0 $0
2014 $8,917 $385,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Ann Alexander

    Ann Alexander & Assoc., LLC

  • G

    Seller Co-Listing Agent in 2015

    Gerald Meeks

    Ann Alexander & Assoc., LLC

  • S

    Buyer's Agent in 2015

    Sally Areson

    Dunhill 100 LLC

    (561) 251-4083

    9 in this area

    32 Total Sales

    Sally Areson
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About BANYAN HOUSE

Map

Source: BeachesMLS

MLS Number: R10095784

BeachesMLS

APN: 12-43-46-21-18-000-0540

Florida Palm Beach County Delray Beach 33483

1225 S Ocean Blvd Unit 1001, Delray Beach, FL

This home is located at 1225 S Ocean Blvd Unit 1001, Delray Beach, FL 33483 since 14 December 2014 and is currently estimated at $1,391,003, approximately $860 per square foot. This property was built in 1967. 1225 S Ocean Blvd Unit 1001 is a home located in Palm Beach County with nearby schools including Pine Grove Elementary School, Boca Raton Community Middle School, and Boca Raton Community 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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