NOT LISTED FOR SALE

Estimated Value: $3,253,000 - $3,826,000

5 Beds
4.5 Baths
4,000 Sq Ft
$886/Sq Ft Est. Value

Last Sold February 06, 2024

Last sale price $3,350,000 $838 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $22,929/month

86 Days on Market

Highlights

  • Boat Ramp
  • 15,717 Sq Ft lot
  • Roman Tub
  • Concrete Pool
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of February 2024

Stunning custom built single story ranch style home on a sprawling 1/3 acre lot in the heart of the sought after Lake Ida neighborhood of Delray Beach. Newly built in 2016 and immaculately maintained this home offers 5 bedrooms, 4 1/2 bathrooms, a 2-car garage and a large separate backyard house for guests, office use or family fun. Built by one of the top home builders in Delray Beach the house has all the finest finishes. European white oak floors. Modern chef's kitchen with quartz countertops, Thermador refrigerator, Sub-Zero wine tower and Bosch appliances. Prime location in the heart of Lake Ida. Walking distance to the acclaimed Unity School. Just 1/2 mile to Downtown Delray with its endless array of fine dining. Minutes to Delray's pristine beach. Live a Floridian Dream lifestyle!

Last Agent to Sell the Property

Frederick Moran

The Corcoran Group License #3375824 Listed on: 11/08/2023

The Corcoran Group

Co-Listed By

Michael Danciu

The Corcoran Group License #3373192

Last Buyer's Agent

Frederick Moran

The Corcoran Group License #3375824 Listed on: 11/08/2023

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,363

Year Built

  • Built in 1956

Lot Details

  • 0.36 Acre Lot
  • Fenced
  • Sprinkler System
  • Property is zoned R-1-AA

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Garden
  • Pool

Home Design

  • Entry on the 1st floor
  • Concrete Roof

Interior Spaces

  • 4,000 Sq Ft Home
  • 1-Story Property
  • Custom Mirrors
  • Bar
  • Vaulted Ceiling
  • Decorative Fireplace
  • Double Hung Metal Windows
  • Blinds
  • Sliding Windows
  • Wood Frame Window
  • French Doors
  • Great Room
  • Combination Dining and Living Room
  • Screened Porch
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Stacked Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Security Lights
  • Motion Detectors
  • Impact Glass
  • Fire and Smoke Detector

Pool

  • Concrete Pool
  • Saltwater Pool
  • Fence Around Pool
  • Pool Equipment or Cover

Outdoor Features

  • Patio

Utilities

  • Zoned Heating and Cooling
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 12434608140040020

Community Details

Overview

  • Ida Lake Terrace Subdivision

Recreation

  • Boat Ramp
  • Boating
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,363

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: From Atlantic Avenue in Delray Beach head north on Swinton Avenue. Turn left onto Grove Way. Make your first right onto NW 2nd Avenue. The property will be on your left.
  • Year Built: 1956
  • Architectural Style: Ranch
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, French Door(s)/Atrium Door(s), Fireplace, Garden Tub/Roman Tub, Living/Dining Room, Custom Mirrors, Split Bedrooms, Separate Shower, Stacked Bedrooms, Vaulted Ceiling(s), Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Gas Water Heater, Refrigerator, Water Softener Owned, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace Features: Decorative
  • Flooring: Wood
  • Living Area: 4000.0
  • Dining Room Type: Great Room, In-Law Suite, Laundry
  • Stories: 1
  • Window Features: Blinds, Double Hung, Impact Glass, Sliding, Wood Frames

Exterior Features

  • Exterior Features: Enclosed Porch, Fence, Patio
  • View: Garden, Pool
  • Lot Features: Sprinklers Automatic
  • Pool Features: Concrete, Fenced, Heated, Other, Pool Equipment, Pool, Salt Water
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio, Porch, Screened
  • 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, Driveway, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: In Garage, Laundry Tub
  • Security: Security System, Motion Detectors, Security Lights, Smoke Detector(s)
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Non-Gated, Park, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Trail(s)
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434608140040020
  • Lot Size: 110.0 ft x 135.0 ft
  • Lot Size Sq Ft: 15717.0
  • Zoning Description: R-1-AA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 26363.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2023
Closed on
Feb 6, 2024
Sold by
Patel Dipan and Patel Rina
Bought by
Cannella Brian and Cannella Allison
Seller's Agent
Frederick Moran
The Corcoran Group
Buyer's Agent
Frederick Moran
The Corcoran Group
List Price
$3,495,000
Sold Price
$3,350,000
Premium/Discount to List
-$145,000
-4.15%
Views
29
Current Estimated Value
$3,542,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,880
Avg. Annual Appreciation
3.45%
Original Mortgage
$2,010,000
Outstanding Balance
$1,968,360
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$1,574,520

Purchase Details

Listed on
Nov 26, 2018
Closed on
May 24, 2019
Sold by
Sallusto Nicholas and Sallusto Kacy Noble
Bought by
Patel Dipan and Patel Rina
Seller's Agent
Jennifer Kilpatrick
The Corcoran Group
Buyer's Agent
Jennifer Kilpatrick
The Corcoran Group
List Price
$1,899,000
Sold Price
$1,707,200
Premium/Discount to List
-$191,800
-10.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.39%
Original Mortgage
$947,200
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Dec 11, 2014
Closed on
Feb 19, 2015
Sold by
Vanneck Karen B
Bought by
Sallusto Nicholas
Seller's Agent
Megan Lake
Compass Florida LLC
Buyer's Agent
Jennifer Kilpatrick
The Corcoran Group
List Price
$725,000
Sold Price
$729,000
Premium/Discount to List
$4,000
0.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.11%
Original Mortgage
$417,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2010
Sold by
Green Delores S and Delores S Green Revocable Trus
Bought by
Vanneck Karen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2006
Sold by
Green Delores S
Bought by
Green Delores S and Delores S Green Revocable Trust
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
Cannella Brian $3,350,000 None Listed On Document
Patel Dipan $1,707,200 Independence Ttl Ins Agcy In
Sallusto Nicholas $729,000 Attorney
Vanneck Karen B $440,000 First Priority Title Company
Green Delores S -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cannella Brian $2,010,000
Previous Owner Patel Dipan $947,200
Previous Owner Sallusto Nicholas $417,000
Previous Owner Vanneck Karen B $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2024 02/06/24 Sold $3,350,000 -4.1% $838 / Sq Ft
11/12/2023 11/12/23 For Sale $3,495,000 +104.7% $874 / Sq Ft
05/24/2019 05/24/19 Sold $1,707,200 -10.1% $427 / Sq Ft
04/24/2019 04/24/19 Pending -- -- --
11/26/2018 11/26/18 For Sale $1,899,000 +160.5% $475 / Sq Ft
02/18/2015 02/18/15 Sold $729,000 +0.6% $253 / Sq Ft
01/19/2015 01/19/15 Pending -- -- --
12/11/2014 12/11/14 For Sale $725,000 -- $251 / 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 $49,741 $2,710,562 -- --
2023 $26,544 $1,424,504 $0 $0
2022 $26,363 $1,383,014 $0 $0
2021 $26,487 $1,342,732 $0 $0
2020 $26,339 $1,324,193 $472,500 $851,693
2019 $14,389 $687,747 $450,000 $237,747
2018 $13,353 $651,362 $452,088 $199,274
2017 $15,306 $733,559 $452,088 $281,471
2016 $13,436 $624,491 $0 $0
2015 $8,945 $439,658 $0 $0
2014 $9,003 $436,169 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10934588

BeachesMLS

APN: 12-43-46-08-14-004-0020