$510,000
SOLD JAN 13, 2025
-- Bed
-- Bath
1,552 Sq Ft
7,906 Sq Ft Lot

Recently Sold

$329 Per Sq Ft

22% Below List Price

19 Days on Market

Highlights

  • Room in yard for a pool
  • Tile Flooring
  • Heating Available
  • Cooling Available
  • Ceiling Fan

About This Home

As of January 2025

Rare Beautiful Duplex that sits on a corner side, large lot in Delray Beach! This property is great for investors who want to generate residential Income or even occupy one space while living in the other! Home is in good condition & even has room for a pool! Close to Lake Ida, Atlantic Ave, Downtown Delray Beach, Shops, Highway & more!

Last Agent to Sell the Property

Kristin Palmeri

Illustrated Properties License #3476883 Listed on: 03/02/2024

Illustrated Properties

Last Buyer's Agent

Joela Irizarry

Global Luxury Realty LLC License #3338535

Global Luxury Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,289

Year Built

  • Built in 1968

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,552 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Flooring

  • Tile
  • Terrazzo

Utilities

  • Cooling Available
  • Heating Available
  • Cable TV Available

Additional Features

  • Room in yard for a pool
  • 7,906 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 12434617200000240

Community Details

Overview

  • 2 Units
  • Lincoln Atlantic Park Gar Subdivision

Building Details

  • Operating Expense $13,000
  • Net Operating Income $60,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,289

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Coming from South, Take Atlantic Ave north Make a left on 13th go up a few block home is positioned on Corner of SW 2ND & 13TH AVE.
  • Year Built: 1968
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Terrazzo, Tile
  • Living Area: 1552.0

Exterior Features

  • Exterior Features: Room For Pool
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 12434617200000240
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 7906.0
  • Zoning Description: RM--RM-M
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Common Area Maintenance, Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 60000.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 13000.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7289.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2024
Closed on
Jan 13, 2025
Sold by
Bartee Cheray and Alameen Malik M
Bought by
Navacourt Llc
Seller's Agent
Kristin Palmeri
Illustrated Properties
Buyer's Agent
Joela Irizarry
Global Luxury Realty LLC
List Price
$650,000
Sold Price
$510,000
Premium/Discount to List
-$140,000
-21.54%
Total Days on Market
19
Views
86
Current Estimated Value
$511,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,432
Avg. Annual Appreciation
0.29%
Original Mortgage
$331,500
Outstanding Balance
$330,629
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$180,015

Purchase Details

Closed on
Aug 31, 2022
Sold by
Bartee Jerrick
Bought by
Bartee Jerrick and Alameen Malik M

Purchase Details

Closed on
Mar 22, 2021
Sold by
Bartee Gwendolyn
Bought by
Bartee Cheray and Bartee Jerrick

Purchase Details

Closed on
Feb 8, 2021
Sold by
Bartee Pauline F
Bought by
Bartee Gwendolyn

Purchase Details

Closed on
Oct 20, 1999
Sold by
Palacino Joseph
Bought by
Bartee Pauline
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 Type Sale Price Title Company
Warranty Deed $510,000 Southern Capital Title
Warranty Deed $510,000 Southern Capital Title
Quit Claim Deed -- --
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $331,500 New Conventional
Closed $331,500 New Conventional
Previous Owner $43,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2025 01/13/25 Sold $510,000 -2.9% $329 / Sq Ft
04/10/2024 04/10/24 Price Changed $525,000 -8.7% $338 / Sq Ft
04/02/2024 04/02/24 Price Changed $575,000 -11.5% $370 / Sq Ft
04/01/2024 04/01/24 For Sale $650,000 0.0% $419 / Sq Ft
03/22/2024 03/22/24 Pending -- -- --
03/02/2024 03/02/24 For Sale $650,000 -- $419 / 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 $7,601 $401,155 -- --
2023 $7,289 $371,438 $175,960 $195,478
2022 $4,399 $254,311 $0 $0
2021 $2,219 $140,927 $0 $0
2020 $2,104 $135,349 $0 $0
2019 $2,011 $130,940 $0 $0
2018 $1,773 $115,084 $0 $0
2017 $1,651 $103,642 $0 $0
2016 $1,563 $83,291 $0 $0
2015 $1,435 $79,061 $0 $0
2014 $1,672 $60,422 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10964997

BeachesMLS

APN: 12-43-46-17-20-000-0240