NOT LISTED FOR SALE

2038 Alta Meadows Ln Unit 1506 Delray Beach, FL 33444

Tropic Palms Neighborhood

Estimated Value: $392,795 - $451,000

2 Beds
2 Baths
1,310 Sq Ft
$325/mo HOA Fee

Last Sold September 30, 2021

Last sale price $360,000 $275 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,037/month

32 Days on Market

Highlights

  • Lake Front
  • Gated Community
  • Community Pool
  • Boca Raton Community High School Rated A+
  • Clubhouse
  • Community Basketball Court

About This Home

As of September 2021

Location, location, location. 3 story town home with a single car garage. Kitchen features granite counter tops, updated cabinets, hardware, and faucet. Both bathrooms remodeled. New window treatments, newer a/c 2018, hurricane panels, Master suite is on the 3rd floor & overlooks the lake. 2nd en-suite bedroom on the main level (2nd floor).Investor friendly community allowing owners to rent immediately. 7-month minimum lease allowing 2 rentals per year.Tierra Verde is in the heart of Delray Beach. Gated community w/ pool, tennis, fitness, and playground. Best Delray location near I-95, Atlantic Avenue, and 1.5 miles away from the beach.

Last Agent to Sell the Property

Alex Zervoudakis

Lang Realty/ BR License #3026932 Listed on: 07/29/2021

Lang Realty/ BR

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,290

Year Built

  • Built in 2002

Lot Details

  • 1

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Driveway
  • Guest Parking

Interior Spaces

  • 1,310 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Laminate Flooring
  • Lake Views
  • Security Gate
  • Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Additional Features

  • Lake Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 12434629440151506

Community Details

Overview

  • Association fees include management, common areas, insurance, roof, security, water
  • 300 Units
  • Tierra Verde At Delray Be Subdivision

Recreation

  • Community Basketball Court
  • Community Pool
  • Park

Pet Policy

  • Pets Allowed

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,290

Year Built

Built in 2002

Lot Details

0

HOA Fees

$325 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Linton Blvd East of 95
  • Year Built: 2002
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Pantry, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Laminate
  • Living Area: 1310.0
  • Dining Room Type: Family Room
  • Stories: 3

Exterior Features

  • View: Lake
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Security: Security Gate
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available

Condo/Co-op/Association

  • Association Fee: 325.0
  • Community Features: Clubhouse, Gated, Park, Pool
  • Senior Community: No
  • Amenities: Basketball Court, Clubhouse, Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Roof, Security, Water

Lot Info

  • Parcel #: 12434629440151506
  • Zoning Description: SAD(ci

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3290.0

Multi Family

  • Number Of Units In Community: 300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
Sep 30, 2021
Sold by
Koppelman Debra
Bought by
Vitale Elizabeth
Seller's Agent
Alex Zervoudakis
Lang Realty/ BR
List Price
$369,000
Sold Price
$360,000
Premium/Discount to List
-$9,000
-2.44%
Current Estimated Value
$423,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,849
Avg. Annual Appreciation
4.22%
Original Mortgage
$252,000
Outstanding Balance
$232,279
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$189,952

Purchase Details

Listed on
Feb 23, 2016
Closed on
May 31, 2016
Sold by
Mcdermott Sean and Mcdermott Julie
Bought by
Koppelman Debra
Seller's Agent
Lucie Perfetto
Coldwell Banker
Buyer's Agent
Elizabeth Gebhard
Coldwell Banker Realty /Delray Beach
List Price
$226,900
Sold Price
$217,000
Premium/Discount to List
-$9,900
-4.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.94%
Original Mortgage
$150,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2005
Sold by
Tierra Verde At Delray Beach Llc
Bought by
Mcdermott Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
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
Vitale Elizabeth $360,000 Princeton T&E Llc
Koppelman Debra $217,000 Attorney
Mcdermott Sean $233,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vitale Elizabeth $252,000
Previous Owner Koppelman Debra $150,000
Previous Owner Mcdermott Sean $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $360,000 -2.4% $275 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $369,000 +70.0% $282 / Sq Ft
05/31/2016 05/31/16 Sold $217,000 -4.4% $166 / Sq Ft
05/01/2016 05/01/16 Pending -- -- --
02/23/2016 02/23/16 For Sale $226,900 -- $173 / 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 $4,706 $289,307 -- --
2023 $4,691 $280,881 $0 $0
2022 $4,639 $272,700 $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 $3,101 $189,000 $0 $189,000
2017 $3,163 $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

  • A

    Seller's Agent in 2021

    Alex Zervoudakis

    Lang Realty/ BR

    (561) 998-0100

    1 in this area

    16 Total Sales

    Section Image

  • L

    Seller's Agent in 2016

    Lucie Perfetto

    Coldwell Banker

    (561) 542-6701

    37 Total Sales

    Section Image

  • E

    Buyer's Agent in 2016

    Elizabeth Gebhard

    Coldwell Banker Realty /Delray Beach

    (631) 335-8270

    6 in this area

    41 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10734430

BeachesMLS

APN: 12-43-46-29-44-015-1506

Florida Palm Beach County Delray Beach 33444 Tropic Palms

2038 Alta Meadows Ln Unit 1506, Delray Beach, FL

This home is located at 2038 Alta Meadows Ln Unit 1506, Delray Beach, FL 33444 since 29 July 2021 and is currently estimated at $413,699, approximately $315 per square foot. This property was built in 2002. 2038 Alta Meadows Ln Unit 1506 is a home located in Palm Beach County with nearby schools including Pine Grove Elementary School, Carver Middle School, and Boca Raton Community 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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