NOT LISTED FOR SALE

Estimated Value: $742,263 - $816,000

5 Beds
4 Baths
2,977 Sq Ft
$265/Sq Ft Est. Value

Last Sold May 15, 2023

Last sale price $680,000 $228 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,390/month

67 Days on Market

Highlights

  • Lake Front
  • Gated Community
  • Mediterranean Architecture
  • Banyan Creek Elementary School Rated A-
  • Roman Tub
  • High Ceiling

About This Home

As of May 2023

This stunning lakefront home in the Colony of Delray Beach boasts 5 bedrooms and 4 full bathrooms with beautiful lake views from almost every room. Enjoy gorgeous sunsets and lake breezes while entertaining friends. Brand new terrace features screen enclosure and travertine pavers. Accordian shutters on all windows. Interior updates include a new batten wall in the living room, and a gorgeous kitchen.

Last Agent to Sell the Property

Allyson Sullivan

Lang Realty/Delray Beach License #3035744 Listed on: 03/07/2023

Lang Realty/Delray Beach

Last Buyer's Agent

audrey benassi

Keller Williams Realty Consultants License #3356301

Keller Williams Realty Consultants

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,968

Year Built

  • Built in 2003

Lot Details

  • 5,000 Sq Ft Lot
  • Lake Front
  • Property is zoned PRD(ci

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Mediterranean Architecture
  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 2,977 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Family Room
  • Formal Dining Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Gate

Outdoor Features

  • Patio

Schools

  • Banyan Creek Elementary School
  • Carver Community Middle School
  • Atlantic Technical High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 12424612200001360

Community Details

Overview

  • The Colony Subdivision

Recreation

  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,968

Year Built

Built in 2003

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Atlantic Ave to Military Trail north to Modern Drive, east to gate...
  • Year Built: 2003
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dining Area, Separate/Formal Dining Room, Garden Tub/Roman Tub, High Ceilings, Kitchen/Dining Combo, Pantry, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 2977.0
  • Dining Room Type: Family Room
  • Stories: 2

Exterior Features

  • Exterior Features: Patio
  • Lot Features: < 1/4 Acre
  • Pool Features: None, Association, Community
  • Pool Private: No
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Spanish Tile, Tile

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: Security System, Security Gate
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 250.0
  • Community Features: Gated, Pool
  • Senior Community: No
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Schools

  • Elementary School: Banyan Creek
  • High School: Atlantic Technical
  • Middle Or Junior School: Carver Community

Lot Info

  • Parcel #: 12424612200001360
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 5000.0
  • Zoning Description: PRD(ci

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6968.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2023
Closed on
May 15, 2023
Sold by
Sabatino Anthony
Bought by
Shaheen David and Shaheen Sheldon
Seller's Agent
Allyson Sullivan
Lang Realty/Delray Beach
Buyer's Agent
audrey benassi
Keller Williams Realty Consultants
List Price
$725,000
Sold Price
$680,000
Premium/Discount to List
-$45,000
-6.21%
Views
3
Current Estimated Value
$787,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,566
Avg. Annual Appreciation
6.26%
Original Mortgage
$450,000
Outstanding Balance
$437,487
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$350,079

Purchase Details

Listed on
May 10, 2019
Closed on
Sep 26, 2019
Sold by
Charente Inc
Bought by
Sabatino Anthony
Seller's Agent
Stephan Meyer
Keller Williams Realty Services
Buyer's Agent
Robert Peters
Compass Florida, LLC
List Price
$467,000
Sold Price
$420,000
Premium/Discount to List
-$47,000
-10.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.15%
Original Mortgage
$336,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2019
Sold by
Sabourault Francois and Sabourault Monica
Bought by
Charente Inc

Purchase Details

Closed on
Jul 11, 2003
Sold by
Colony Of Palm Beach Llc
Bought by
Sabourault Francois and Sabourault Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,783
Interest Rate
5.16%
Mortgage Type
Stand Alone First
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
Shaheen David $680,000 Independence Title Insurance A
Shaheen David $680,000 Independence Title Insurance A
Sabatino Anthony $420,000 Title Alliance Of Palm Beach
Charente Inc -- Attorney
Sabourault Francois $369,690 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaheen David $450,000
Closed Shaheen David $450,000
Previous Owner Sabatino Anthony $336,000
Previous Owner Sabourault Francois $258,783
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2023 05/15/23 Sold $680,000 -6.2% $228 / Sq Ft
03/08/2023 03/08/23 For Sale $725,000 +72.6% $244 / Sq Ft
09/26/2019 09/26/19 Sold $420,000 -10.1% $141 / Sq Ft View Prior Sale
08/27/2019 08/27/19 Pending -- -- --
05/10/2019 05/10/19 For Sale $467,000 0.0% $157 / Sq Ft
10/01/2014 10/01/14 Rented $2,800 0.0% --
09/01/2014 09/01/14 Under Contract -- -- --
08/26/2014 08/26/14 For Rent $2,800 +7.7% --
02/21/2013 02/21/13 For Rent $2,600 0.0% --
02/21/2013 02/21/13 Rented $2,600 -- --
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 $11,568 $658,921 -- --
2023 $6,966 $397,897 $0 $0
2022 $6,968 $386,308 $0 $0
2021 $6,979 $375,056 $120,000 $255,056
2020 $7,092 $377,854 $0 $0
2019 $8,605 $405,708 $0 $405,708
2018 $8,425 $405,634 $0 $405,634
2017 $8,279 $390,673 $0 $0
2016 $8,510 $390,726 $0 $0
2015 $8,527 $372,911 $0 $0
2014 -- $339,010 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10872017

BeachesMLS

APN: 12-42-46-12-20-000-1360