NOT LISTED FOR SALE

1407 Lake Dr Delray Beach, FL 33444

Downtown Delray Beach Neighborhood

Estimated Value: $3,190,106 - $4,088,000

0.21 Acre
$17,536,684 Price per Acre
9,235 Sq Ft Lot

Last Sold November 02, 2021

Last sale price $761,250 $479 Per Sq Ft

Est. 388% increase in value since last sale

Current estimated payment $24,044/month

103 Days on Market

About This Lot

As of November 2021

Rare Opportunity to build your own home in Prime Lake Ida neighborhood! Corner lot available on the very desirable Lake Drive. Close to Atlantic Avenue, the beach, and nearby schools, makes this lot the perfect location to enjoy all that Delray Beach has to offer.

Last Agent to Sell the Property

Bettina Smith

The Corcoran Group License #619519 Listed on: 06/21/2021

The Corcoran Group

Last Buyer's Agent

Lenny Felberbaum

Engel & Voelkers Delray Beach License #3162200

Engel & Voelkers Delray Beach

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,347

Lot Details

  • Corner Lot
  • Site Plan Filed

Location

  • City Lot

Community Details

  • Totterdale Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434608200030060

Property Details

Property Type

Land

Est. Annual Taxes

$2,347

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: From Swinton, head west on NW 11th Street, then North on NW 4th Avenue, then West on NW 14th Street. 1407 Lake Drive is on the corner of NW 14th Street and Lake Drive.
  • Special Features: None

Exterior Features

  • Lot Features: Corner Lot, City Lot, < 1/4 Acre
  • Waterfront: No

Lot Info

  • Parcel #: 12434608200030060
  • Development Status: Site Plan Filed
  • Zoning Description: RES

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2347.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2021
Sold by
Stewart Rock Frances
Bought by
Stewart Robert Bruce
Current Estimated Value
$3,717,777

Purchase Details

Closed on
Aug 25, 2021
Sold by
Stewart Andrew William
Bought by
Khoury Joshua

Purchase Details

Closed on
Aug 24, 2021
Sold by
Rock John
Bought by
Khoury Joshua

Purchase Details

Closed on
Aug 20, 2021
Sold by
Stewart Robert Bruce
Bought by
Khoury Joshua
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
Stewart Robert Bruce -- --
Khoury Joshua -- Attorney
Khoury Joshua -- Attorney
Stewart Robert Bruce -- --
Khoury Joshua -- Attorney
Khoury Joshua $761,250 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khoury Joshua R $1,697,985
Previous Owner Rock John $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2021 11/02/21 Sold $761,250 +1.5% $479 / Sq Ft
10/03/2021 10/03/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $750,000 -- $472 / 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 $45,910 $2,559,209 -- --
2023 $12,761 $642,938 $717,420 $0
2022 $15,936 $805,834 $0 $0
2021 $11,570 $561,683 $385,000 $176,683
2020 $2,365 $145,953 $0 $0
2019 $2,325 $142,672 $0 $0
2018 $2,216 $140,012 $0 $0
2017 $2,195 $137,132 $0 $0
2016 $2,193 $134,311 $0 $0
2015 $2,246 $133,377 $0 $0
2014 $2,257 $132,318 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bettina Smith

    Seller's Agent in 2021

    Bettina Smith

    The Corcoran Group

    (561) 414-3177

    2 in this area

    51 Total Sales

    Bettina Smith
    Section Image
  • Lenny Felberbaum

    Buyer's Agent in 2021

    Lenny Felberbaum

    Engel & Voelkers Delray Beach

    (954) 397-4178

    21 in this area

    81 Total Sales

    Lenny Felberbaum
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10725670

BeachesMLS

APN: 12-43-46-08-20-003-0060

Florida Palm Beach County Delray Beach 33444 Downtown Delray Beach

1407 Lake Dr, Delray Beach, FL

This home is located at 1407 Lake Dr, Delray Beach, FL 33444 since 21 June 2021 and is currently estimated at $3,717,777, approximately $2,338 per square foot. 1407 Lake Dr 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.

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