NOT LISTED FOR SALE

2038 Alta Meadows Ln Unit 1503 Delray Beach, FL 33444

Tropic Palms Neighborhood

Estimated Value: $391,128 - $418,000

2 Beds
2 Baths
1,310 Sq Ft
$309/Sq Ft Est. Value

Last Sold February 20, 2018

Last sale price $231,000 $176 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,082/month

114 Days on Market

Highlights

  • Lake Front
  • Clubhouse
  • High Ceiling
  • Boca Raton Community High School Rated A+
  • Wood Flooring
  • Community Pool

About This Home

As of February 2018

Move in ready 2 bed/2 bath. Has new paint and carpet with Bamboo wood flooring. Lowest priced model of its kind in the community. GREAT LOCATION - TIERRA VERDE IS BOTH INVESTOR & PET FRIENDLY, LOCATED ONLY 5 MINUTES DRIVE FROM THE BEACH IN SOUGHT AFTER DELRAY BEACH, FLORIDA. Resort Style Pool and amenities, basketball, tennis, walk/jog paths, car wash, sand volleyball, gym and business center.

Last Agent to Sell the Property

Ian McMillan

Impact Realty Group LLC License #3294278 Listed on: 09/28/2017

Last Buyer's Agent

Gabriel Chocron

Coldwell Banker License #3241445

Coldwell Banker

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,590

Year Built

  • Built in 2002

Lot Details

  • Lake Front

HOA Fees

  • $307 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 1,310 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Lake Views
  • Security Gate

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12434629440151503

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, maintenance structure, pool(s), recreation facilities, reserve fund, roof, sewer, trash, water
  • Tierra Verde At Delray Be Subdivision

Amenities

  • Clubhouse
  • Business Center
  • Community Library

Recreation

  • Tennis Courts
  • Community Pool
  • Park
  • Trails

Security

  • Resident Manager or Management On Site
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,590

Year Built

Built in 2002

Lot Details

0

HOA Fees

$307 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: I-95, proceed EAST on Linton then turn right on 10th Ave to the end. Gated entry into Tierra Verde
  • Year Built: 2002
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: High Ceilings, Living/Dining Room, Pantry, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile, Wood
  • Living Area: 1310.0
  • Stories: 3

Exterior Features

  • Exterior Features: Balcony, Porch
  • View: Lake, Other, Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Porch
  • Property Condition: Resale
  • Roof: Spanish Tile, Tile

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener

Utilities

  • Security: Security Gate, Fire Sprinkler System
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 307.0
  • Community Features: Park, Property Manager On-Site, Pool, Street Lights, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Business Center, Clubhouse, Library, Management, Pool, Tennis Court(s), Trail(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Pool(s), Recreation Facilities, Reserve Fund, Roof, Sewer, Trash, Water

Lot Info

  • Parcel #: 12434629440151503
  • Zoning Description: SAD(ci

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 3590.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2017
Closed on
Feb 9, 2018
Sold by
Flash Point Mangement Llc
Bought by
Schumann Eric W
Seller's Agent
Ian McMillan
Impact Realty Group LLC
Buyer's Agent
Gabriel Chocron
Coldwell Banker
List Price
$239,000
Sold Price
$231,000
Premium/Discount to List
-$8,000
-3.35%
Current Estimated Value
$404,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,782
Avg. Annual Appreciation
8.08%
Original Mortgage
$196,350
Outstanding Balance
$168,188
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$244,171

Purchase Details

Closed on
Dec 23, 2011
Sold by
Iwanow Smith Diana C and Smith Kevin B
Bought by
Flashpoint Management Llc

Purchase Details

Closed on
Jan 20, 2005
Sold by
Tierra Verde At Delray Beach Llc
Bought by
Iwanow Diana C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,100
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Schumann Eric W $231,000 Attorney
Flashpoint Management Llc $135,000 Titan Title & Escrow Llc
Iwanow Diana C $233,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schumann Eric W $196,350
Previous Owner Iwanow Diana C $187,100
Closed Iwanow Diana C $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2018 02/20/18 Sold $231,000 -3.3% $176 / Sq Ft
01/21/2018 01/21/18 Pending -- -- --
09/28/2017 09/28/17 For Sale $239,000 0.0% $182 / Sq Ft
02/15/2014 02/15/14 Rented $1,600 0.0% --
01/16/2014 01/16/14 Under Contract -- -- --
12/09/2013 12/09/13 For Rent $1,600 -- --
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 $6,472 $345,000 -- --
2023 $3,376 $211,295 $0 $0
2022 $3,324 $205,141 $0 $0
2021 $3,317 $199,166 $0 $0
2020 $3,290 $196,416 $0 $0
2019 $3,239 $192,000 $0 $192,000
2018 $3,849 $189,000 $0 $189,000
2017 $3,697 $189,000 $0 $0
2016 $3,590 $150,437 $0 $0
2015 $3,439 $136,761 $0 $0
2014 $3,172 $124,328 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10368542

BeachesMLS

APN: 12-43-46-29-44-015-1503