NOT LISTED FOR SALE

1508 Cormorant Rd Delray Beach, FL 33444

Tropic Palms Neighborhood

Estimated Value: $878,790 - $1,144,000

3 Beds
2 Baths
1,824 Sq Ft
$538/Sq Ft Est. Value

Last Sold February 12, 2020

Last sale price $510,000 $280 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $5,807/month

43 Days on Market

Highlights

  • 80 Feet of Waterfront
  • Home Theater
  • Lake View
  • Boca Raton Community High School Rated A+
  • Private Pool
  • Canal Access

About This Home

As of February 2020

Tropical oasis in the heart of east Delray Beach. This waterfront pool home on the C-15 with a boat dock features, hurricane impact windows, full home generator, new roof, remodeled kitchen, Stainless Steel Appliances, Granite, boating into Lake Eden, Ida and Osbourn with views of the C-15 canal, private tropical backyard and much more. Just bring your toothbrush and enjoy!

Last Agent to Sell the Property

Brad Schwartzman

Vue Real Estate, Inc. License #3121014 Listed on: 11/30/2019

Last Buyer's Agent

Alain Brodeur

One Sotheby's International Realty License #3422158

One Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,229

Year Built

  • Built in 1978

Lot Details

  • 80 Feet of Waterfront
  • Lake Front
  • Home fronts navigable water
  • Fenced
  • Sprinkler System
  • Property is zoned R1aa

Parking

  • 2 Car Attached Garage
  • Converted Garage
  • Garage Door Opener

Property Views

  • Lake
  • Canal
  • Garden
  • Pool

Home Design

  • Entry on the 1st floor
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,824 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Awning
  • Blinds
  • French Doors
  • Great Room
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Ceramic Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Stacked Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Fixed Bridges
  • Canal Access
  • Balcony
  • Deck
  • Open Patio

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Tropic Palms 02 Rep Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434629140000060

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,229

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Lindell Blvd to west on Audubon Blvd, south on Cormorant
  • Year Built: 1978
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Dining Area, Separate/Formal Dining Room, Eat-in Kitchen, French Door(s)/Atrium Door(s), Living/Dining Room, Pantry, Separate Shower, Stacked Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Flooring: Ceramic Tile, Other
  • Living Area: 1824.0
  • Dining Room Type: Converted Garage, Den, Family Room, Great Room, Media Room, Storage Room
  • Stories: 1
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Awning(s), Balcony, Deck, Fence, Patio
  • View: Canal, Garden, Lake, Pool
  • Road Frontage Type: Waterfront
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Canal Access, Fixed Bridge, Lake Front, Navigable Water
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Deck, Open, Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434629140000060
  • Zoning Description: R1aa

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4229.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2019
Closed on
Feb 11, 2020
Sold by
Gartman Carl
Bought by
Koch Benjamin David
Seller's Agent
Brad Schwartzman
Vue Real Estate, Inc.
Buyer's Agent
Alain Brodeur
One Sotheby's International Realty
List Price
$550,000
Sold Price
$510,000
Premium/Discount to List
-$40,000
-7.27%
Current Estimated Value
$980,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$470,698
Avg. Annual Appreciation
12.15%
Original Mortgage
$408,000
Outstanding Balance
$361,255
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$619,443

Purchase Details

Closed on
Jul 26, 2011
Sold by
Aaron Helen
Bought by
Gartman Carl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,470
Interest Rate
4.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Koch Benjamin David $510,000 Attorney
Gartman Carl $260,000 Shore To Shore Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koch Benjamin David $408,000
Previous Owner Gartman Carl $249,470
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2020 02/12/20 Sold $510,000 -7.3% $280 / Sq Ft
01/13/2020 01/13/20 Pending -- -- --
11/30/2019 11/30/19 For Sale $550,000 -- $302 / 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 $7,969 $459,755 -- --
2023 $8,001 $446,364 $0 $0
2022 $7,901 $434,715 $0 $0
2021 $7,918 $422,053 $165,000 $257,053
2020 $4,291 $240,651 $0 $0
2019 $4,229 $235,240 $0 $0
2018 $4,045 $230,854 $0 $0
2017 $4,023 $226,106 $0 $0
2016 $4,035 $221,455 $0 $0
2015 $4,138 $219,916 $0 $0
2014 $4,163 $218,171 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brad Schwartzman

    Seller's Agent in 2020

    Brad Schwartzman

    Vue Real Estate, Inc.

    (561) 929-3375

    24 Total Sales

    Brad Schwartzman
    Section Image
  • Alain Brodeur

    Buyer's Agent in 2020

    Alain Brodeur

    One Sotheby's International Realty

    (954) 937-5692

    54 Total Sales

    Alain Brodeur
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10581717

BeachesMLS

APN: 12-43-46-29-14-000-0060

Florida Palm Beach County Delray Beach 33444 Tropic Palms

1508 Cormorant Rd, Delray Beach, FL

This home is located at 1508 Cormorant Rd, Delray Beach, FL 33444 since 30 November 2019 and is currently estimated at $980,698, approximately $537 per square foot. This property was built in 1978. 1508 Cormorant Rd is a home located in Palm Beach County with nearby schools including Pine Grove Elementary School, Carver Community Middle School, and Boca Raton Community 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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