$1,656,610
RENTED NOV 1, 2024
2 Beds
2 Baths
1,048 Sq Ft
$1,581 Price per Sq Ft

Last Sold March 17, 2016

Last sale price $665,000 $635 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $10,207/month

About This Home

As of March 2016

Head into this beautifully updated cottage, nestled in Delray's Historic District on Bankers Row. Just two blocks from Atlantic Avenue and moments from the vibrant Pineapple Grove, this prime location perfectly combines charm and convenience. Zoned for commercial use (OSSHAD), it's ideal for a variety of professional businesses. The single-level layout features a welcoming reception area, two private executive offices, and a spacious open workspace or conference area, which can be divided into 4-5 cubicles to suit your team's needs. An additional two-person workstation and a functional galley kitchen add to the office's convenience. The space is bright and inviting, with vaulted ceilings, gleaming wood floors, and hurricane-impact windows and doors.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2024
Sold by
Schwyter Anna Elisabeth
Bought by
219 Ne 1St Avenue Llc
Current Estimated Value
$1,656,610

Purchase Details

Listed on
Jan 22, 2016
Closed on
Mar 17, 2016
Sold by
Little Yellow House Llc
Bought by
Schwyter Elisabeth
Seller's Agent
Scott Pressman
The Keyes Company
Buyer's Agent
Peggy Doepper
Douglas Elliman
List Price
$689,000
Sold Price
$665,000
Premium/Discount to List
-$24,000
-3.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.41%

Purchase Details

Closed on
Aug 27, 2015
Sold by
P & R Partners Llc
Bought by
Little Yellow House Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
4.16%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 29, 2007
Sold by
Neela Properties Llc
Bought by
P & R Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$531,250
Interest Rate
6.55%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 28, 2006
Sold by
Florence Marble Inc
Bought by
Neela Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
6.52%
Mortgage Type
Commercial

Purchase Details

Closed on
May 10, 2006
Sold by
Barry & Thomas Properties Llc
Bought by
Florence Marble Nc

Purchase Details

Closed on
Dec 4, 2000
Sold by
Gabay Silberstein Architects Inc
Bought by
Thomas Properties Barry and Thomas Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.75%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 13, 1999
Sold by
Approved Properties Inc
Bought by
Silberstein Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,400
Interest Rate
7.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 30, 1999
Sold by
Clerk Of The Court
Bought by
Approved Properties Inc
Source: Public Records

Range of Values:

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ICE

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Average Value
Not Available
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
219 Ne 1St Avenue Llc -- None Listed On Document
Schwyter Elisabeth $665,000 Columbia Title Services Inc
Little Yellow House Llc $525,000 Attorney
P & R Partners Llc $645,000 Trademark Title Inc
Neela Properties Llc $625,000 Jupiter Land Title Co
Florence Marble Nc $525,000 None Available
Thomas Properties Barry $350,000 --
Silberstein Jeffrey $113,000 --
Approved Properties Inc $42,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Little Yellow House Llc $420,000
Previous Owner P & R Partners Llc $531,250
Previous Owner Neela Properties Llc $625,000
Previous Owner Barry & Thomas Properties Llc $275,000
Previous Owner Approved Properties Inc $280,000
Previous Owner Approved Properties Inc $280,000
Previous Owner Approved Properties Inc $90,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2024 11/01/24 Rented $6,460 -7.1% --
10/10/2024 10/10/24 For Rent $6,950 0.0% --
03/17/2016 03/17/16 Sold $665,000 -3.5% $635 / Sq Ft
02/16/2016 02/16/16 Pending -- -- --
01/22/2016 01/22/16 For Sale $689,000 -- $657 / Sq Ft

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 $16,983 $804,657 -- --
2023 $16,202 $731,506 -- --
2022 $15,464 $665,005 -- --
2021 $12,453 $604,550 $497,683 $106,867
2020 $12,591 $606,276 $497,683 $108,593
2019 $12,109 $576,072 $473,984 $102,088
2018 $11,560 $561,382 $460,147 $101,235
2017 $11,287 $537,054 $438,217 $98,837
2016 $10,270 $473,885 $0 $0
2015 $9,214 $365,230 $0 $0
2014 $8,246 $332,027 $0 $0
Source: Public Records

Agents Affiliated with this Home

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