NOT LISTED FOR SALE

161 SE 5th Ave Unit 2 Delray Beach, FL 33483

Downtown Delray Beach Neighborhood

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

-- Bed
1 Bath
300 Sq Ft
$9,714/Sq Ft Est. Value

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceiling Fan
  • Wall Furnace
  • Tile Flooring

About This Home

As of January 2024

Credit Report and Background Check required. First, Last and Security Deposit Required at Lease Signing.Pet ok upon approval. This freshlypainted studio comes with shared laundry, parking and community enclosed patio. Nice size closet, and separate kitchen. Tiled Flooring, tiled shower. One wall air conditioning unit. Only blocks from Atlantic ave. Close to shops, restaurants, freeway, andbeaches. A great location.Landlord pays water. Tenants pay utilities

Last Agent to Rent the Property

Karen McLaughlin

JD Bols & Associates License #3552089 Listed on: 01/01/2024

Last Renter's Agent

Jesus St Pierre

Redfin Corporation License #3510043

Redfin Corporation

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $41,109

Year Built

  • Built in 1955

Lot Details

  • 0.35

Parking

  • Open Parking

Home Design

  • Studio

Interior Spaces

  • 1 Full Bathroom
  • 300 Sq Ft Home
  • Ceiling Fan
  • Tile Flooring
  • Fire and Smoke Detector
  • Microwave

Utilities

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

Listing and Financial Details

  • Property Available on 1/1/24
  • Assessor Parcel Number 12434616011100070

Community Details

Overview

  • Delray Town Of Subdivision

Pet Policy

  • Pets Allowed

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: 2024-01-01

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

  • Furnished: Unfurnished
  • Appliances: Microwave, Refrigerator
  • Full Bathrooms: 1
  • Flooring: Tile
  • Living Area: 300.0
  • Dining Room Type: Studio

Exterior Features

  • Pool Features: None
  • Waterfront: No
  • Disclosures: Pet on Property
  • Other Structures: Apartment

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
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434616011100070
  • Land Lease Amount Frequency: Monthly
  • Lot Size: 1/4 to 1/2 Acre

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
$892,925
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$2,021,220

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 15, 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
Amy Rossignol
Arena and Company
Sold Price
$780

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
01/13/2024 01/13/24 Rented $1,650 0.0% --
01/09/2024 01/09/24 Under Contract -- -- --
01/01/2024 01/01/24 For Rent $1,650 +37.5% --
01/20/2021 01/20/21 Rented $1,200 0.0% --
12/21/2020 12/21/20 Under Contract -- -- --
12/16/2020 12/16/20 For Rent $1,200 +14.3% --
08/15/2016 08/15/16 For Rent $1,050 0.0% --
08/15/2016 08/15/16 Rented $1,050 +10.5% --
01/26/2016 01/26/16 For Rent $950 0.0% --
01/26/2016 01/26/16 Rented $950 +21.8% --
05/15/2014 05/15/14 For Rent $780 0.0% --
05/15/2014 05/15/14 Rented $780 0.0% --
12/29/2013 12/29/13 For Rent $780 0.0% --
12/29/2013 12/29/13 Rented $780 0.0% --
11/30/2012 11/30/12 For Rent $780 0.0% --
11/30/2012 11/30/12 Rented $780 -- --
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 2024

    Karen McLaughlin

    JD Bols & Associates

    (619) 985-5990

    Section Image

  • J

    Tenant's Agent in 2024

    Jesus St Pierre

    Redfin Corporation

    (407) 412-3568

    Section Image

  • P

    Seller's Agent in 2021

    Patricia King

    Posh Properties

    (561) 445-1029

    2 in this area

    10 Total Sales

    Section Image
  • Anthony Aliberti

    Buyer's Agent in 2021

    Anthony Aliberti

    Posh Properties

    (561) 232-5924

    2 in this area

    31 Total Sales

    Section Image
  • Jerilyn Walter

    Seller's Agent in 2016

    Jerilyn Walter

    Posh Properties

    (561) 537-0050

    36 in this area

    98 Total Sales

    Section Image

  • J

    Seller's Agent in 2016

    Jacqueline Paulson

    Mizner Residential Realty, LLC

See All Agents

Map

Source: BeachesMLS

MLS Number: R10946289

BeachesMLS

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

Florida Palm Beach County Delray Beach 33483 Downtown Delray Beach

161 SE 5th Ave Unit 2, Delray Beach, FL

This home is located at 161 SE 5th Ave Unit 2, Delray Beach, FL 33483 since 01 January 2024 and is currently priced at $2,914,145. This property was built in 1955. 161 SE 5th Ave Unit 2 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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