NOT LISTED FOR SALE

Estimated Value: $4,393,000 - $5,603,000

5 Beds
3.5 Baths
4,268 Sq Ft
$1,182/Sq Ft Est. Value

Last Sold September 29, 2021

Last sale price $3,100,000 $726 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $31,194/month

6 Days on Market

Highlights

  • 360 Feet of Waterfront
  • RV Access or Parking
  • 35,887 Sq Ft lot
  • Concrete Pool
  • Lake View
  • Mediterranean Architecture

About This Home

As of September 2021

Waterfront point property on Lake Ida in Delray Beach. 360 feet of waterfront on two sides. Almost 1 acre of land. West and northern views span the heart of Lake Ida backed by a preserve with gorgeous susnsets. Lakefront along the west shoreline is 203 feet. Lakefront along the north shoreline is 157 feet. Unity of title can be dissolved to create two waterfront lots each over 1/3 of acre. Prime location just two miles from Delray Beach's famed Atlantic Avenue and it pristine beach. Live the Floridian dream lifestyle!

Last Agent to Sell the Property

Frederick Moran

The Corcoran Group License #3375824 Listed on: 09/23/2021

The Corcoran Group

Last Buyer's Agent

Jennifer Kilpatrick

The Corcoran Group License #3243987

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,945

Year Built

  • Built in 1977

Lot Details

  • 0.82 Acre Lot
  • Lot Dimensions are 203 x 157
  • 360 Feet of Waterfront
  • Lake Front
  • Waterfront Tip Lot
  • Corner Lot
  • Property is zoned R-1-AA

Parking

  • 6 Car Attached Garage
  • RV Access or Parking

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 4,268 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • French Doors
  • Family Room
  • Formal Dining Room
  • Den
  • Workshop
  • Ceramic Tile Flooring
  • Lake Views

Kitchen

  • Breakfast Area or Nook
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Concrete Pool
  • Fixed Bridges
  • Seawall

Utilities

  • Central Heating and Cooling System
  • Cable TV Available
  • TV Antenna

Community Details

  • Totterdale Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434608200040110

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,945

Year Built

Built in 1977

Lot Details

0

Parking

6

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: From Atlantic Avenue in Delray Beach go north on Swinton Ave. Make a left onto 16th Street and head towards the lake. 16th Street will turn into Lake Drive. The property is in the northwest corner.
  • Year Built: 1977
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Area, Dining Area, Separate/Formal Dining Room, French Door(s)/Atrium Door(s), Fireplace, Kitchen/Dining Combo, Pantry, Walk-In Closet(s), Workshop
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Ceramic Tile
  • Living Area: 4268.0
  • Dining Room Type: Den, Family Room, Laundry, Storage Room, Workshop
  • Stories: 1

Exterior Features

  • Exterior Features: TV Antenna
  • View: Lake
  • Road Frontage Type: Waterfront
  • Lot Features: Corner Lot
  • Pool Features: Concrete, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Fixed Bridge, Lake Front, Point Lot, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 6.0
  • Attached Garage: Yes
  • Garage Spaces: 6.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, RV Access/Parking

Utilities

  • Laundry Features: In Garage
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434608200040110
  • Lot Size: 203 x 157
  • Lot Size Sq Ft: 35887.0
  • Zoning Description: R-1-AA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 12945.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2024
Sold by
Build Lake Drive Llc
Bought by
Sergot Brent T and Sergot Joanna M
Current Estimated Value
$5,044,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,025,000
Outstanding Balance
$3,946,628
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$1,097,423

Purchase Details

Closed on
May 6, 2022
Sold by
Bomo Development Llc
Bought by
Build Lake Drive Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,315,000
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 23, 2021
Closed on
Sep 29, 2021
Sold by
Bomo Development Llc
Bought by
Ashoo Hamiton and Ashoo Toni
Seller's Agent
Frederick Moran
The Corcoran Group
Buyer's Agent
Jennifer Kilpatrick
The Corcoran Group
List Price
$3,300,000
Sold Price
$3,100,000
Premium/Discount to List
-$200,000
-6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.91%

Purchase Details

Closed on
Jun 11, 2021
Sold by
Gomez Alejandro
Bought by
Lake Ida Holdings One Llc

Purchase Details

Closed on
Mar 25, 2008
Sold by
Carlson James B and Carlson Helen Kaye
Bought by
Carlson James and Carlson Kaye
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
Sergot Brent T $6,000,201 Register Settlement Services
Sergot Brent T $6,000,201 Register Settlement Services
Build Lake Drive Llc -- Coolidge Camille
Build Lake Drive Llc -- None Listed On Document
Ashoo Hamiton $1,700,000 Crystal T&E Co Inc
2016 Amended And Restated Ashoo Living Trust $1,700,000 Crystal Title & Escrow
Bomo Development Llc $3,100,000 Crystal T&E Co Inc
Bomo Development Llc $3,100,000 Crystal Title & Escrow
Lake Ida Holdings One Llc -- Attorney
Lake Ida Holdings One Llc -- None Listed On Document
Carlson James -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sergot Brent T $4,025,000
Closed Sergot Brent T $4,025,000
Previous Owner Build Lake Drive Llc $3,315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2021 09/29/21 Sold $3,100,000 -6.1% $726 / Sq Ft
09/23/2021 09/23/21 For Sale $3,300,000 -- $773 / 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 $53,424 $2,909,600 -- --
2023 $23,537 $1,230,715 $1,229,800 $915
2022 $19,870 $1,017,330 $0 $0
2021 $13,025 $675,268 $0 $0
2020 $12,945 $665,945 $0 $0
2019 $12,782 $650,973 $0 $0
2018 $12,259 $638,835 $0 $0
2017 $12,232 $625,695 $0 $0
2016 $12,309 $612,826 $0 $0
2015 $12,640 $608,566 $0 $0
2014 $12,724 $603,736 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10747386

BeachesMLS

APN: 12-43-46-08-20-004-0110