NOT LISTED FOR SALE

Estimated Value: $753,706 - $967,000

2 Beds
1.5 Baths
1,281 Sq Ft
$303/mo HOA Fee

Last Sold July 21, 2014

Last sale price $365,000 $285 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $5,997/month

256 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • High Ceiling
  • Fitness Center
  • Loft
  • Community Pool

About This Home

As of July 2014

Corner Penthouse 2bed/2bth loft in Downtown Delray. Soaring 17' ceilings, exposed ductwork, floating walls and lots of windows! Kitchen is open to the living room with stainless steel appliances and granite counter. Master Bedroom has walk in closet and en-suite bathroom. Washer and Dryer in unit. Hurricane Impact windows throughout. Beautiful pool area with outdoor kitchen-perfect for entertaining friends! Parking is in covered garage-2 spots reserved(243&240). Balcony located off the Living Room with amazing city views! 2 blocks to Atlantic Ave and minutes to the beach!

Last Listed By

Brian Boles

RE/MAX Services License #SL-0655160 Listed on: 10/07/2013

RE/MAX Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,011

Year Built

  • Built in 2005

Lot Details

  • West Facing Home

HOA Fees

  • $303 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Guest Parking
  • Assigned Parking

Interior Spaces

  • 1,281 Sq Ft Home
  • 4-Story Property
  • High Ceiling
  • Open Floorplan
  • Loft
  • Water Views

Kitchen

  • Built-In Oven
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12434616h90014090

Community Details

Overview

  • Ocean City Lofts Condo Subdivision

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Phone Entry
  • Impact Glass
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,011

Year Built

Built in 2005

Lot Details

0

HOA Fees

$303 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: 2 Blocks North of Atlantic Ave on 4th Ave. West Building
  • Year Built: 2005
  • Special Features: 12

Interior Features

  • Interior Amenities: High Ceilings, Kitchen/Dining Combo, Living/Dining Room, Walk-In Closet(s), Loft
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Disposal, Refrigerator, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Other, Tile, Wood
  • Living Area: 1281.0
  • Dining Room Type: Loft
  • Stories: 4
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony
  • View: Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: West
  • Patio And Porch Features: Balcony, Open

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Garage, Guest

Utilities

  • Security: Phone Entry, Fire Sprinkler System
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 303.0
  • Community Features: Pool, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Fitness Center, Pool, Spa/Hot Tub, Trash
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434616h90014090
  • Zoning Description: R

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 4011.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2013
Closed on
Aug 18, 2014
Sold by
Albe Amiee R
Bought by
The Bank Of New York Mellon
Seller's Agent
Brian Boles
RE/MAX Services
List Price
$360,000
Sold Price
$365,000
Premium/Discount to List
$5,000
1.39%
Total Days on Market
256
Current Estimated Value
$851,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$486,427
Avg. Annual Appreciation
8.19%

Purchase Details

Listed on
Oct 7, 2013
Closed on
Jul 18, 2014
Sold by
Albe Edward M and Albe Aimee R
Bought by
James Dennis
Seller's Agent
Brian Boles
RE/MAX Services
List Price
$360,000
Sold Price
$365,000
Premium/Discount to List
$5,000
1.39%

Purchase Details

Closed on
Dec 20, 2006
Sold by
Hianik Frank and Simms Gc Trust For Kristen
Bought by
Albe Edward M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 2005
Sold by
Mesiti Anthony
Bought by
Hianik Frank and Simms Gc Trust

Purchase Details

Closed on
May 5, 2005
Sold by
City Center Development Llc
Bought by
Mesiti Anthony
Source: Public Records

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Range of Values:

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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
The Bank Of New York Mellon -- None Available
James Dennis $365,000 Corporate Title Inc
Albe Edward M $450,000 Attorney
Hianik Frank $415,000 Ocean City Title Company Inc
Mesiti Anthony $303,312 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Albe Edward M $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2014 07/21/14 Sold $365,000 +1.4% $285 / Sq Ft
06/21/2014 06/21/14 Pending -- -- --
10/07/2013 10/07/13 For Sale $360,000 -- $281 / 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 $10,976 $527,076 -- --
2023 $10,147 $479,160 $0 $0
2022 $9,240 $435,600 $0 $0
2021 $8,556 $405,000 $0 $405,000
2020 $7,795 $360,000 $0 $360,000
2019 $7,556 $345,000 $0 $345,000
2018 $7,346 $345,000 $0 $345,000
2017 $6,791 $310,000 $0 $0
2016 $6,975 $310,000 $0 $0
2015 $7,203 $310,000 $0 $0
2014 -- $215,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R9983651

BeachesMLS

APN: 12-43-46-16-H9-001-4090