NOT LISTED FOR SALE

161 SE 5th Ave Unit 1 Delray Beach, FL 33483

Downtown Delray Beach Neighborhood

Estimated Value: $2,415,000 - $3,167,000

1 Bed
1 Bath
550 Sq Ft
$5,298/Sq Ft Est. Value

Highlights

  • Walk-In Closet
  • Ceiling Fan
  • Wall Furnace
  • Cooling System Mounted To A Wall/Window

About This Home

As of April 2023

Credit Report and Background Check required. First, Last and Security Deposit Required at Lease Signing.Pet ok upon approval. This freshly painted one bedroom unit comes with shared laundry, parking and community enclosed patio. One walk in closet, and additional closet, and a closet in the bathroom. Hardwood flooring and tiled bathroom. Two window air conditioning units. Only blocks from Atlantic ave. Close to shops, restaurants, freeway, and beaches. A great location.Landlord pays water. Tenants pay utilities

Last Agent to Rent the Property

Karen McLaughlin

JD Bols & Associates License #3552089 Listed on: 03/10/2023

Last Renter's Agent

Karen McLaughlin

JD Bols & Associates License #3552089 Listed on: 03/10/2023

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $41,109

Year Built

  • Built in 1955

Lot Details

  • 0.35

Parking

  • Open Parking

Interior Spaces

  • 550 Sq Ft Home
  • Ceiling Fan
  • Laminate Flooring
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Utilities

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

Community Details

  • Delray Town Of Subdivision

Listing and Financial Details

  • Property Available on 3/10/23
  • Assessor Parcel Number 12434616011100070

Property Details

Home Type

Apartment

Est. Annual Taxes

$41,109

Year Built

Built in 1955

Lot Details

0

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2023-03-10

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Apartment
  • Property Sub Type Additional: Apartment
  • Directions: Southbound on I95, exit Atlantic Ave, head East. Make right on SE 5th Ave. Go two blocks south, Apartment is on Left.
  • Year Built: 1955
  • Entry Level: 1
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Laminate
  • Living Area: 550.0

Exterior Features

  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent, Pet on Property

Garage/Parking

  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Open

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other

Lot Info

  • Parcel #: 12434616011100070

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2021
Sold by
Digs Investments Llc
Bought by
161 173 Se 5Th Ave Llc
Current Estimated Value
$2,752,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Outstanding Balance
$898,466
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$2,275,355

Purchase Details

Closed on
Jul 18, 2018
Sold by
Digs Llc
Bought by
Digs Investments Llc

Purchase Details

Closed on
Feb 6, 2018
Sold by
Digs Llc
Bought by
Digs Investments Llc

Purchase Details

Closed on
Dec 29, 2017
Sold by
Rostron Philip A
Bought by
Digs Llc

Purchase Details

Closed on
Sep 23, 2015
Sold by
Bhikha Jagruti S
Bought by
Rostron Philip A

Purchase Details

Closed on
Jun 10, 2015
Sold by
Shannon Douglas and Berkner Debbie
Bought by
Rostron Philip

Purchase Details

Closed on
Dec 16, 2014
Sold by
Bhikha Jagruti S and Bhikha Jagruti
Bought by
Bhikha Jagruti S and Jagruti S Bhikha Trust

Purchase Details

Listed on
May 5, 2014
Closed on
Jun 25, 2014
Sold by
Shah Bhikha Prithviraj Roger and Shah Bhikha Jagruti
Bought by
Bhikha Jagruti
Seller's Agent
Amy Rossignol
Arena and Company
Buyer's Agent
Helen Masek
RE/MAX Select Group
Sold Price
$900

Purchase Details

Closed on
Oct 15, 2003
Sold by
Vanorden Larry E and Vanorden Van Orden
Bought by
Bhikha Prithviraj Roger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6%
Mortgage Type
Unknown
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
161 173 Se 5Th Ave Llc $2,375,000 Mellinger Title Services Llc
Digs Investments Llc -- Attorney
Digs Llc $1,880,000 Attorney
Rostron Philip A $624,000 Attorney
Rostron Philip $405,000 Attorney
Bhikha Jagruti S -- None Available
Bhikha Jagruti -- Attorney
Bhikha Prithviraj Roger $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 161 173 Se 5Th Ave Llc $975,000
Previous Owner Bhikha Prithviraj Roger $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2023 03/10/23 For Rent $1,895 +5.6% --
03/10/2023 03/10/23 Rented $1,795 +84.1% --
08/15/2014 08/15/14 For Rent $975 0.0% --
08/15/2014 08/15/14 Rented $975 +8.3% --
05/05/2014 05/05/14 For Rent $900 0.0% --
05/05/2014 05/05/14 Rented $900 -- --
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 $41,109 $2,071,998 -- --
2023 $42,572 $2,074,381 $1,761,722 $312,659
2022 $40,597 $1,933,839 $0 $0
2021 $35,842 $1,646,905 $1,414,258 $232,647
2020 $35,436 $1,614,533 $1,414,258 $200,275
2019 $34,461 $1,551,155 $1,346,840 $204,315
2018 $15,850 $726,030 $653,777 $72,253
2017 $15,328 $694,901 $622,648 $72,253
2016 $14,286 $622,549 $0 $0
2015 $10,195 $412,286 $0 $0
2014 $9,383 $374,805 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Landlord's Agent in 2023

    Karen McLaughlin

    JD Bols & Associates

    (619) 985-5990

    Section Image

  • A

    Seller's Agent in 2014

    Amy Rossignol

    Arena and Company

  • Helen Masek

    Buyer's Agent in 2014

    Helen Masek

    RE/MAX

    13 Total Sales

    Section Image

  • J

    Buyer's Agent in 2014

    JANET MCKENNA

    Beach Effect Real Estate

    (561) 810-6597

    1 in this area

    30 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10872596

BeachesMLS

APN: 12-43-46-16-01-110-0070

Florida Palm Beach County Delray Beach 33483 Downtown Delray Beach

161 SE 5th Ave Unit 1, Delray Beach, FL

This home is located at 161 SE 5th Ave Unit 1, Delray Beach, FL 33483 since 10 March 2023 and is currently priced at $2,914,145. This property was built in 1955. 161 SE 5th Ave Unit 1 is a home located in Palm Beach County with nearby schools including Pine Grove Elementary School, 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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