NOT LISTED FOR SALE

Estimated Value: $525,000 - $551,727

2 Beds
2 Baths
1,625 Sq Ft
$332/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $315,000 $194 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,469/month

2 Days on Market

Highlights

  • Waterfront
  • Vaulted Ceiling
  • Furnished
  • Canal View
  • Sun or Florida Room
  • Community Pool

About This Home

As of August 2020

Bike to the beach or lively Atlantic Ave in Downtown Delray for dinner, shopping, and night life or cruise on your jet ski to Lake Ida to fish and relax! This rarely available waterfront home in the highly desirable community of Rainberry Lake is priced to sell (below the non-waterfront properties in the neighborhood). Rainberry Lake is a low HOA community 5 minutes from I-95 with a guarded gate, two swimming pools, walking trails, tennis courts, and is full of families walking their dogs and greeting their neighbors. This bright and spacious 2 bedroom, 2 bathroom home has an additional room that could serve as an office, den, or third bedroom. Florida room, large garage, side yard, and back yard for your enjoyment. This is a hidden gem and the perfect place to call home.

Last Agent to Sell the Property

Mitchell White

EXP Realty LLC License #3453607 Listed on: 07/13/2020

EXP Realty LLC

Last Buyer's Agent

Carol Belits

Divito Real Estate Group License #3189136

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,315

Year Built

  • Built in 1988

Lot Details

  • 5,036 Sq Ft Lot
  • Waterfront
  • Property is zoned PRD(ci

HOA Fees

  • $159 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 1,625 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Vaulted Ceiling
  • Family Room
  • Den
  • Sun or Florida Room
  • Tile Flooring
  • Canal Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 12434607140001480

Community Details

Overview

  • Rainberry Lake Ph IV B Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,315

Year Built

Built in 1988

Lot Details

0

HOA Fees

$159 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: From Downtown Delray go west on Atlantic Ave, head north on Congress Ave. Make a left on Lake Ida Road. Take your first right to enter Rainberry Lake. After showing ID at the guard gate, take a left.
  • Year Built: 1988
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Vaulted Ceiling(s)
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1625.0
  • Dining Room Type: Den, Family Room, Florida Room
  • Stories: 1

Exterior Features

  • View: Canal
  • Lot Features: < 1/4 Acre
  • Pool Features: None, Association, Community
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Association Fee: 159.0
  • Community Features: Non-Gated, Pool
  • Senior Community: No
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434607140001480
  • Lot Size Sq Ft: 5036.0
  • Zoning Description: PRD(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6315.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2020
Closed on
Aug 10, 2020
Sold by
Chassen Stuart and Stuart Chassen Revocable Trust
Bought by
Weiers Jonathan and Weiers Randy
Seller's Agent
Mitchell White
EXP Realty LLC
Buyer's Agent
Carol Belits
Divito Real Estate Group
List Price
$365,000
Sold Price
$315,000
Premium/Discount to List
-$50,000
-13.7%
Current Estimated Value
$539,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,682
Avg. Annual Appreciation
10.89%
Original Mortgage
$341,873
Outstanding Balance
$303,265
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$236,417

Purchase Details

Closed on
Sep 11, 2013
Sold by
Chassen Stuart
Bought by
Chassen Stuart

Purchase Details

Closed on
Aug 5, 2011
Sold by
Chassen Stuart and Chassen Jeremy
Bought by
Chassen Stuart

Purchase Details

Closed on
Jun 8, 2005
Sold by
Jove Raquel
Bought by
Chassen Stuart and Chassen Jeremy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.26%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 3, 2002
Sold by
Jove Raquel
Bought by
Jove Raquel
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
Weiers Jonathan $315,000 Delray Title And Abstract Co
Chassen Stuart -- Attorney
Chassen Stuart $96,000 Attorney
Chassen Stuart $337,000 Seacrest Title Company
Jove Raquel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weiers Jonathan $341,873
Previous Owner Chassen Stuart $225,000
Closed Chassen Stuart $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2020 08/14/20 Sold $315,000 -13.7% $194 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $365,000 -- $225 / 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 $5,746 $338,973 -- --
2023 $5,760 $329,100 $0 $0
2022 $5,678 $319,515 $0 $0
2021 $5,682 $310,209 $0 $0
2020 $6,386 $301,189 $112,500 $188,689
2019 $6,315 $305,323 $103,500 $201,823
2018 $5,539 $262,255 $86,133 $176,122
2017 $5,348 $247,941 $90,666 $157,275
2016 $5,284 $238,056 $0 $0
2015 $5,157 $216,835 $0 $0
2014 $4,756 $197,123 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10638256

BeachesMLS

APN: 12-43-46-07-14-000-1480