NOT LISTED FOR SALE

Estimated Value: $432,000 - $483,000

-- Bed
2 Baths
1,300 Sq Ft
$354/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $457,000 $352 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,850/month

5 Days on Market

Highlights

  • Garden View
  • Ceramic Tile Flooring
  • 3-minute walk to Dr Rev JWH Thomas Jr Park
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

About This Home

As of February 2024

Great duplex in Delray Beach. 1 Block from Atlantic Ave. Interior of both units is super clean. This property is one for the portfolio that you will not ever want to sell. Rents are currently well below market but tenants are on Month to Month terms. This property will not last!

Last Agent to Sell the Property

Cole Leavitt

CPRE Organization Inc License #3238799 Listed on: 01/15/2024

Last Buyer's Agent

SHARON ROSS

EXP Realty LLC License #3405749

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,667

Year Built

  • Built in 1955

Lot Details

  • 6,795

Home Design

  • Duplex
  • Built-Up Roof

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring
  • Garden Views

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 12434617380000090

Community Details

Overview

  • 2 Units
  • Lincoln Park In Subdivision

Building Details

  • Operating Expense $9,168
  • Net Operating Income $20,832

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,667

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Atlantic Avenue head east to 10th Avenue. Make right heading South on 10th Avenue. Property will be on left side of road.
  • Year Built: 1955
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Private Spa: No
  • Flooring: Ceramic Tile
  • Living Area: 1300.0

Exterior Features

  • Exterior Features: None
  • View: Garden
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Built-Up

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 12434617380000090
  • Lot Size: < 1/4 Acre
  • Zoning Description: RM

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 20832.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 9168.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4667.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2024
Closed on
Feb 21, 2024
Sold by
133 Delray Llc
Bought by
Vicraman Vikas
Seller's Agent
Cole Leavitt
CPRE Organization Inc
Buyer's Agent
SHARON ROSS
EXP Realty LLC
List Price
$479,000
Sold Price
$457,000
Premium/Discount to List
-$22,000
-4.59%
Total Days on Market
5
Views
13
Current Estimated Value
$460,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,145
Avg. Annual Appreciation
0.54%
Original Mortgage
$434,150
Outstanding Balance
$429,007
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$31,138

Purchase Details

Closed on
May 16, 2014
Sold by
Reichel Steven and Reichel Jane
Bought by
133 Delray Llc

Purchase Details

Listed on
Dec 17, 2012
Closed on
Mar 26, 2013
Sold by
The Bank Of New York Mellon Trust Compan
Bought by
Reichel Steven and Reichel Jane
Seller's Agent
David Goodman
Inactive member
Buyer's Agent
David Goodman
Inactive member
List Price
$64,900
Sold Price
$66,500
Premium/Discount to List
$1,600
2.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.21%

Purchase Details

Closed on
Nov 16, 2012
Sold by
Morris Barry
Bought by
The Bank Of New York Mellon Trust Compan

Purchase Details

Closed on
Jun 3, 1999
Sold by
Jennings Thelma E
Bought by
Morris Barry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,150
Interest Rate
6.9%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Vicraman Vikas $457,000 Old Palm Title
133 Delray Llc -- Attorney
Reichel Steven $66,500 Attorney
The Bank Of New York Mellon Trust Compan $97,863 Attorney
Morris Barry $63,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vicraman Vikas $434,150
Previous Owner Morris Barry $109,800
Previous Owner Morris Barry $57,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $457,000 -4.6% $352 / Sq Ft
01/21/2024 01/21/24 Pending -- -- --
01/15/2024 01/15/24 For Sale $479,000 +620.3% $368 / Sq Ft
03/28/2013 03/28/13 Sold $66,500 +2.5% $51 / Sq Ft
02/26/2013 02/26/13 Pending -- -- --
12/17/2012 12/17/12 For Sale $64,900 -- $50 / 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 $4,890 $189,682 -- --
2023 $4,667 $172,438 $175,960 $165,781
2022 $3,776 $156,762 $0 $0
2021 $3,330 $174,807 $62,500 $112,307
2020 $3,134 $167,488 $58,000 $109,488
2019 $2,970 $160,927 $53,000 $107,927
2018 $2,670 $149,157 $54,232 $94,925
2017 $2,444 $127,915 $36,155 $91,760
2016 $2,288 $88,487 $0 $0
2015 $1,995 $80,443 $0 $0
2014 $1,821 $71,126 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10950483

BeachesMLS

APN: 12-43-46-17-38-000-0090