NOT LISTED FOR SALE

BANYAN HOUSE 1225 S Ocean Blvd Unit 1004 Delray Beach, FL 33483

Estimated Value: $697,741 - $1,060,000

1 Bed
1.5 Baths
1,066 Sq Ft
$1,088/mo HOA Fee

Last Sold April 05, 2018

Last sale price $455,000 $427 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $6,584/month

18 Days on Market

Highlights

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

About This Home

As of April 2018

Beachfront Banyan House Condo 10th floor unit. Beautiful upgrades, including custom bath with Onyx sink and Granite countertops, new hardwood flooring. 2 Closets in Master, including one walk-in. GE Profile Advantium, Bosch & Miele appliances. New A/C installed and HURRICANCE WINDOWS AND DOORS. This property comes with large additional owners closet in hallway. This is a must see for living on the ocean with direct ocean views in Delray Beach. Call to schedule your private showing today.

Last Agent to Sell the Property

John Neuman

RE/MAX Select Group License #bk60676641 Listed on: 02/15/2018

RE/MAX Select Group

Last Buyer's Agent

John Neuman

RE/MAX Select Group License #bk60676641 Listed on: 02/15/2018

RE/MAX Select Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,379

Year Built

  • Built in 1967

Lot Details

  • 2.7

HOA Fees

  • $1,088 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Entry on the 10th floor

Interior Spaces

  • 1,066 Sq Ft Home
  • Built-In Features
  • Wood Flooring
  • Closed Circuit Camera

Kitchen

  • Electric Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Open Patio

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 12434621180000570

Community Details

Overview

  • Banyan House Condo Subdivision
  • 11-Story Property

Recreation

Additional Features

  • Doorman
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,379

Year Built

Built in 1967

Lot Details

0

HOA Fees

$1,088 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: A1A south of Atlantic Ave and just north of Linton on the Ocean.
  • Year Built: 1967
  • Entry Level: 10
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Built-in Features, Walk-In Closet(s)
  • Appliances: Dryer, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Wood
  • Living Area: 1066.0
  • Dining Room Type: Storage Room
  • Stories: 11

Exterior Features

  • Exterior Features: Balcony
  • View: Ocean
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1088.0
  • Community Features: Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Management, Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Lot Info

  • Parcel #: 12434621180000570
  • Zoning Description: RM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 5379.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2018
Closed on
Apr 5, 2018
Sold by
Fitzpatrick John and Ruggiero Mary Ellen
Bought by
Jones Matthew A and Jones Lan Nguyen
Seller's Agent
John Neuman
RE/MAX Select Group
Buyer's Agent
John Neuman
RE/MAX Select Group
List Price
$450,000
Sold Price
$455,000
Premium/Discount to List
$5,000
1.11%
Current Estimated Value
$889,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$434,685
Avg. Annual Appreciation
9.19%

Purchase Details

Listed on
Nov 12, 2013
Closed on
Apr 23, 2014
Sold by
Fredrickson Mary Jane
Bought by
Fitzpatrick John and Ruggiero Mary Ellen
Seller's Agent
MARY BETH WINDLE, LANG REALTY
Douglas Elliman
Buyer's Agent
Frank Forlini
Donohue Real Estate Palm Beach
List Price
$450,000
Sold Price
$425,000
Premium/Discount to List
-$25,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.74%
Original Mortgage
$318,750
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2009
Sold by
Cornell John W and Cornell Helen W
Bought by
Fredrickson Mary Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 2008
Sold by
Malone Anne M
Bought by
Cornell John W and Cornell Helen W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,200
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage
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
Jones Matthew A $455,000 Attorney
Fitzpatrick John $425,000 Princeton Title & Escrow Llc
Fredrickson Mary Jane $330,000 First Priority Title Company
Cornell John W $330,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fitzpatrick John $318,750
Previous Owner Fredrickson Mary Jane $264,000
Previous Owner Cornell John W $251,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2018 04/05/18 Sold $455,000 +1.1% $427 / Sq Ft
03/06/2018 03/06/18 Pending -- -- --
02/15/2018 02/15/18 For Sale $450,000 +5.9% $422 / Sq Ft
04/23/2014 04/23/14 Sold $425,000 -5.6% $399 / Sq Ft
03/24/2014 03/24/14 Pending -- -- --
11/12/2013 11/12/13 For Sale $450,000 -- $422 / 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 $9,581 $501,848 -- --
2023 $8,950 $456,225 $0 $0
2022 $8,215 $414,750 $0 $0
2021 $8,729 $431,000 $0 $431,000
2020 $7,969 $385,000 $0 $385,000
2019 $7,751 $370,000 $0 $370,000
2018 $5,399 $303,104 $0 $0
2017 $5,379 $296,870 $0 $0
2016 $5,404 $290,764 $0 $0
2015 $5,547 $288,743 $0 $0
2014 $4,721 $247,741 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Neuman

    Seller's Agent in 2018

    John Neuman

    RE/MAX

    61 Total Sales

    John Neuman
    Section Image
  • Frank Forlini

    Buyer's Agent in 2014

    Frank Forlini

    Donohue Real Estate Palm Beach

    (561) 541-3882

    52 Total Sales

    Frank Forlini
    Section Image
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About BANYAN HOUSE

Map

Source: BeachesMLS

MLS Number: R10406272

BeachesMLS

APN: 12-43-46-21-18-000-0570

Florida Palm Beach County Delray Beach 33483

1225 S Ocean Blvd Unit 1004, Delray Beach, FL

This home is located at 1225 S Ocean Blvd Unit 1004, Delray Beach, FL 33483 since 15 February 2018 and is currently estimated at $889,685, approximately $834 per square foot. This property was built in 1967. 1225 S Ocean Blvd Unit 1004 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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