NOT LISTED FOR SALE

131 Madison Ln Delray Beach, FL 33444

Downtown Delray Beach Neighborhood

Estimated Value: $1,939,000 - $2,242,030

3 Beds
3.5 Baths
2,707 Sq Ft
$767/Sq Ft Est. Value

Last Sold June 15, 2023

Last sale price $2,225,000 $822 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $14,328/month

143 Days on Market

Highlights

  • Clubhouse
  • Garden View
  • Community Pool
  • Marble Flooring
  • High Ceiling
  • Formal Dining Room

About This Home

As of June 2023

Cannery Row, Delray Beach's most sought after townhome community, offers a perfect location just 2 blocks North of Atlantic Avenue & steps from Pineapple Grove, where you will find several 5-star dining options, The Ray Hotel & the very best ice cream @ Whit's! This exclusive offer has just been renovated with all new white oak flooring, an impressive expanded all new quartz kitchen highlighted with Serena & Lily lighting, a double wine cooler/coffee bar, & high end appliances. The reimagined master bathroom is trimmed with marble & a stand alone soaking bath tub. Situated inside the community courtyard, this is the developments best location. A special offer that lives luxuriously with an elevator, two balconies & a formal dining room. Cannery Row at its Best!

Last Agent to Sell the Property

Cheran Marek

Douglas Elliman License #677157 Listed on: 01/11/2023

Douglas Elliman

Co-Listed By

Susan Ring

Douglas Elliman License #667355

Last Buyer's Agent

Debra Taylor

Elite Realty of South Florida License #654315

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,921

Year Built

  • Built in 2013

Lot Details

  • 1,960

HOA Fees

  • $650 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Concrete Roof

Interior Spaces

  • 2,707 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Central Vacuum
  • Bar
  • High Ceiling
  • Plantation Shutters
  • Formal Dining Room
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

  • Home Security System
  • Motion Detectors

Schools

  • Atlantic Technical High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12434616k90000560

Community Details

Overview

  • Association fees include management, common areas, insurance, ground maintenance, maintenance structure, pool(s), reserve fund, roof
  • 82 Units
  • Cannery Row Subdivision

Recreation

  • Community Pool
  • Community Spa

Additional Features

  • Clubhouse
  • Impact Glass

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,921

Year Built

Built in 2013

Lot Details

0

HOA Fees

$650 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: 3 blocks N of Atlantic Avenue betweem 1st/2nd AVE and lake Ida Rd and NE 3rd St, this is an interior courtyard unit.
  • Year Built: 2013
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dining Area, Separate/Formal Dining Room, Dual Sinks, Elevator, High Ceilings, Separate Shower, Bar, Walk-In Closet(s), Central Vacuum
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Marble, Wood
  • Living Area: 2707.0
  • Dining Room Type: Laundry
  • Stories: 3
  • Window Features: Impact Glass, Plantation Shutters

Exterior Features

  • View: Garden
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System, Closed Circuit Camera(s), Motion Detectors
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available

Condo/Co-op/Association

  • Association Fee: 650.0
  • Community Features: Clubhouse, Non-Gated, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Pool(s), Reserve Fund, Roof

Schools

  • High School: Atlantic Technical

Lot Info

  • Parcel #: 12434616k90000560
  • Zoning Description: Resident

Tax Info

  • Tax Year: 2000
  • Tax Annual Amount: 11921.0

Multi Family

  • Number Of Units In Community: 82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2023
Closed on
Jun 15, 2023
Sold by
Diamond Alan and Diamond Carly
Bought by
Gysegem Nina M
Seller's Agent
Cheran Marek
Douglas Elliman
Buyer's Agent
Debra Taylor
Elite Realty of South Florida
List Price
$2,295,000
Sold Price
$2,225,000
Premium/Discount to List
-$70,000
-3.05%
Views
103
Current Estimated Value
$2,075,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$149,742
Avg. Annual Appreciation
-3.00%
Original Mortgage
$1,393,000
Outstanding Balance
$1,357,228
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$718,030

Purchase Details

Listed on
Mar 31, 2022
Closed on
Jun 8, 2022
Sold by
Schreiber Elliot S and Schreiber Phyllis I
Bought by
Diamond Alan and Diamond Carly
Seller's Agent
Anneliese Schwyter
Coldwell Banker Realty /Delray Beach
Buyer's Agent
Cheran Marek
Douglas Elliman
List Price
$2,100,000
Sold Price
$2,050,000
Premium/Discount to List
-$50,000
-2.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.36%
Original Mortgage
$1,640,000
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2013
Sold by
Cannery Row Llc
Bought by
Schreiber Elliot S and Schreiber Phyllis I
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gysegem Nina M $2,225,000 Titleworks
Gysegem Nina M $2,225,000 Titleworks
Diamond Alan $2,050,000 Sunbelt Title
Schreiber Elliot S $646,300 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gysegem Nina M $1,393,000
Closed Gysegem Nina M $1,393,000
Previous Owner Diamond Alan $1,640,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2023 06/15/23 Sold $2,225,000 0.0% $822 / Sq Ft
06/06/2023 06/06/23 Pending -- -- --
03/23/2023 03/23/23 Price Changed $2,225,000 -2.2% $822 / Sq Ft
02/07/2023 02/07/23 Price Changed $2,275,000 -0.9% $840 / Sq Ft
01/13/2023 01/13/23 For Sale $2,295,000 +12.0% $848 / Sq Ft
06/09/2022 06/09/22 Sold $2,050,000 -2.4% $773 / Sq Ft
05/10/2022 05/10/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $2,100,000 -- $792 / 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 $32,110 $1,665,000 -- --
2023 $34,665 $1,735,000 $0 $1,735,000
2022 $11,921 $616,341 $0 $0
2021 $11,943 $598,389 $0 $0
2020 $11,867 $590,127 $0 $0
2019 $11,709 $576,859 $0 $0
2018 $11,236 $566,103 $0 $0
2017 $11,201 $554,459 $0 $0
2016 $11,159 $543,055 $0 $0
2015 $11,445 $539,280 $0 $0
2014 $11,449 $535,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cheran Marek

    Seller's Agent in 2023

    Cheran Marek

    Douglas Elliman

    (561) 870-8855

    14 in this area

    59 Total Sales

    Cheran Marek
    Section Image
  • Susan Ring

    Seller Co-Listing Agent in 2023

    Susan Ring

    Douglas Elliman

    (561) 441-4150

    6 in this area

    62 Total Sales

    Susan Ring
    Section Image

  • D

    Buyer's Agent in 2023

    Debra Taylor

    Elite Realty of South Florida

    (561) 445-2005

    1 in this area

    42 Total Sales

    Debra Taylor
    Section Image
  • Anneliese Schwyter

    Seller's Agent in 2022

    Anneliese Schwyter

    Coldwell Banker Realty /Delray Beach

    (203) 979-7322

    21 in this area

    68 Total Sales

    Anneliese Schwyter
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10857303

BeachesMLS

APN: 12-43-46-16-K9-000-0560

Florida Palm Beach County Delray Beach 33444 Downtown Delray Beach

131 Madison Ln, Delray Beach, FL

This home is located at 131 Madison Ln, Delray Beach, FL 33444 since 11 January 2023 and is currently estimated at $2,075,258, approximately $766 per square foot. This property was built in 2013. 131 Madison Ln 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.

Nearby Homes