NOT LISTED FOR SALE

Estimated Value: $1,228,000 - $2,195,000

-- Bed
4 Baths
2,055 Sq Ft
$857/Sq Ft Est. Value

Last Sold September 20, 2013

Last sale price $405,000 $197 Per Sq Ft

Est. 335% increase in value since last sale

Current estimated payment $11,667/month

173 Days on Market

Highlights

  • Water Views
  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring
  • Deck
  • Patio
  • 1 Car Garage

About This Home

As of September 2013

Great 4-plex located in the OSSHAD district (Downtown Delray Beach). This 4-plex consists of two 1/1 units and two efficiencies. Also note this building sits on a double lot. The roof is two years old. We have plans to demo the building and build two townhomes, retail and office condos.

Last Agent to Sell the Property

Ryan Mueller

RJM Real Estate Corp. License #691657 Listed on: 02/28/2013

Last Buyer's Agent

Ryan Mueller

RJM Real Estate Corp. License #691657 Listed on: 02/28/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,613

Year Built

  • Built in 1966

Lot Details

  • Fenced
  • Sprinkler System

Parking

  • 1 Car Garage

Property Views

  • Water
  • Garden

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,055 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Ceramic Tile Flooring

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $42,000
  • Rent includes electricity
  • Assessor Parcel Number 12434616b40700180

Community Details

Overview

  • 4 Units
  • Sundy & Cromer Amd Subdivision

Building Details

  • Operating Expense $12,000
  • Net Operating Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,613

Year Built

Built in 1966

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Directions: Atlantic Ave to Swniton, South to SE 2nd Street, East to 4-plex on right(N)
  • Year Built: 1966
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2055.0
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Deck, Fence, Patio
  • View: Garden, Water
  • Lot Features: Sprinklers Automatic
  • Pool Features: None
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity
  • Senior Community: No

Lot Info

  • Parcel #: 12434616b40700180
  • Zoning Description: Osshad

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 30000.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 12000.0
  • Total Actual Rent: 42000.0

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 6613.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2023
Sold by
Johnson Properties Of Delray Beach Llc
Bought by
130 Se 1St Llc
Current Estimated Value
$1,761,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Outstanding Balance
$3,887,350
Interest Rate
6.32%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$2,126,350

Purchase Details

Closed on
Mar 26, 2021
Sold by
Ac Squared Llc
Bought by
Johnson Properties Of Delray Beach Llc

Purchase Details

Closed on
Nov 30, 2013
Sold by
Abrams Robert G
Bought by
Ac Squared Llc

Purchase Details

Listed on
Feb 28, 2013
Closed on
Sep 20, 2013
Sold by
National Loss Mitigation Llc
Bought by
Abrams Robert G
Seller's Agent
Ryan Mueller
RJM Real Estate Corp.
Buyer's Agent
Ryan Mueller
RJM Real Estate Corp.
List Price
$450,000
Sold Price
$405,000
Premium/Discount to List
-$45,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.95%
Original Mortgage
$281,250
Interest Rate
4.39%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 30, 2012
Closed on
Feb 8, 2013
Sold by
Mueller James C
Bought by
National Loss Mitigation Llc
Seller's Agent
Ryan Mueller
RJM Real Estate Corp.
Buyer's Agent
Ryan Mueller
RJM Real Estate Corp.
List Price
$300,000
Sold Price
$325,000
Premium/Discount to List
$25,000
8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.44%

Purchase Details

Closed on
Apr 16, 2003
Sold by
Thompson Kerris
Bought by
Mueller James G
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
130 Se 1St Llc $5,750,000 None Listed On Document
Johnson Properties Of Delray Beach Llc $1,185,000 Clear Lake Title Svcs Inc
Ac Squared Llc -- None Available
Abrams Robert G $405,000 Clear Lake Title Svcs Inc
National Loss Mitigation Llc $285,000 Clear Lake Title Svcs Inc
Mueller James G -- Clear Lake Title Svcs Inc
Mueller James G $245,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 130 Se 1St Llc $4,000,000
Previous Owner Abrams Robert G $281,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/20/2013 09/20/13 Sold $405,000 -10.0% $197 / Sq Ft
08/21/2013 08/21/13 Pending -- -- --
02/28/2013 02/28/13 For Sale $450,000 +38.5% $219 / Sq Ft
02/08/2013 02/08/13 Sold $325,000 +8.3% $158 / Sq Ft View Prior Sale
01/09/2013 01/09/13 Pending -- -- --
11/30/2012 11/30/12 For Sale $300,000 -- $146 / 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 $27,974 $1,508,843 -- --
2023 $21,666 $1,117,783 $959,028 $158,755
2022 $20,546 $1,030,024 $0 $0
2021 $13,441 $653,692 $540,000 $113,692
2020 $12,267 $580,410 $472,500 $107,910
2019 $11,543 $557,910 $450,000 $107,910
2018 $10,554 $544,172 $454,716 $89,456
2017 $9,578 $457,716 $375,798 $81,918
2016 $9,125 $395,605 $0 $0
2015 $8,804 $359,641 $0 $0
2014 $7,753 $326,946 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R3348776

BeachesMLS

APN: 12-43-46-16-B4-070-0180