NOT LISTED FOR SALE

142 SW 8th Ave Delray Beach, FL 33444

Downtown Delray Beach Neighborhood

Estimated Value: $1,297,000 - $2,234,000

-- Bed
5 Baths
3,645 Sq Ft
$484/Sq Ft Est. Value

Last Sold February 19, 2016

Last sale price $230,000 $63 Per Sq Ft

Est. 668% increase in value since last sale

Current estimated payment $10,410/month

84 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • 3-minute walk to Dr Rev JWH Thomas Jr Park
  • Fenced

About This Home

As of February 2016

Great income property 1 1/2 blocks from Atlantic Avenue in Delray Beach.Seller will entertain all reasonable offers. Being sold as is. There is open parking in the back.

Last Agent to Sell the Property

Angeleta Gray

Petty Capital Realty Inc License #3313193 Listed on: 10/27/2015

Last Buyer's Agent

Matan Morag

Regency Realty Services License #3124553

Regency Realty Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,860

Year Built

  • Built in 1969

Lot Details

  • 6,795 Sq Ft Lot
  • Fenced

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,645 Sq Ft Home
  • 2-Story Property

Utilities

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

Listing and Financial Details

  • Total Actual Rent $28,800
  • Rent includes electricity, cable TV
  • Assessor Parcel Number 12434617380000470

Community Details

Overview

  • Association fees include water
  • 3 Units
  • Lincoln Park Subdivision

Building Details

  • Operating Expense $5,000
  • Net Operating Income $23,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,860

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: East Atlantic Avenue from l-95. South on SW 8th Avenue. Property on the west side of the street.
  • Year Built: 1969
  • Unit Levels: Two
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 3645.0

Exterior Features

  • Exterior Features: Fence
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Roof: Composition, Shingle

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Cable TV
  • Senior Community: No

Fee Information

  • Association Fee Includes: Water

Lot Info

  • Parcel #: 12434617380000470
  • Lot Size Sq Ft: 6795.0
  • Zoning Description: RM
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 23800.0
  • Number Of Units Total: 3
  • Annual Operating Expense: 5000.0
  • Total Actual Rent: 28800.0

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3860.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2015
Closed on
Feb 19, 2016
Sold by
Norris William E and Shockley Lillie Norris
Bought by
One West Investment Ii Llc
Seller's Agent
Angeleta Gray
Petty Capital Realty Inc
Buyer's Agent
Matan Morag
Regency Realty Services
List Price
$330,000
Sold Price
$230,000
Premium/Discount to List
-$100,000
-30.3%
Total Days on Market
84
Current Estimated Value
$1,765,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,535,500
Avg. Annual Appreciation
21.37%

Purchase Details

Closed on
Feb 26, 2003
Sold by
Norris Virgil C
Bought by
Norris Virgil Croom and Norris William E
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
One West Investment Ii Llc $235,000 Attorney
Norris Virgil Croom -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open One West Investment Ii Llc $551,250
Previous Owner Norris Virgil Croom $79,881
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2016 02/19/16 Sold $230,000 -30.3% $63 / Sq Ft
01/20/2016 01/20/16 Pending -- -- --
10/27/2015 10/27/15 For Sale $330,000 -- $91 / 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 $12,479 $519,776 -- --
2023 $11,918 $472,524 $175,960 $687,631
2022 $10,377 $429,567 $0 $0
2021 $9,538 $580,234 $62,500 $517,734
2020 $8,706 $515,936 $58,000 $457,936
2019 $8,355 $511,409 $53,000 $458,409
2018 $7,338 $455,760 $54,232 $401,528
2017 $5,843 $266,727 $36,155 $230,572
2016 $4,757 $188,445 $0 $0
2015 $4,136 $171,314 $0 $0
2014 $3,860 $155,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Angeleta Gray

    Petty Capital Realty Inc

    (561) 350-0611

    4 in this area

    12 Total Sales

    Angeleta Gray
    Section Image
  • Matan Morag

    Buyer's Agent in 2016

    Matan Morag

    Regency Realty Services

    (561) 706-0095

    23 in this area

    126 Total Sales

    Matan Morag
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10179313

BeachesMLS

APN: 12-43-46-17-38-000-0470

Florida Palm Beach County Delray Beach 33444 Downtown Delray Beach

142 SW 8th Ave, Delray Beach, FL

This home is located at 142 SW 8th Ave, Delray Beach, FL 33444 since 27 October 2015 and is currently estimated at $1,765,500, approximately $484 per square foot. This property was built in 1969. 142 SW 8th Ave 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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