NOT LISTED FOR SALE

242 Avenue L Delray Beach, FL 33483

Tropic Isle Neighborhood

Estimated Value: $1,265,000 - $1,672,631

3 Beds
2 Baths
1,950 Sq Ft
$772/Sq Ft Est. Value

Highlights

  • Water Views
  • Wood Flooring
  • Community Spa
  • Boca Raton Community Middle School Rated A-
  • Screened Porch
  • Balcony

About This Home

As of October 2020

Custom built 3 bed 2 bath townhouse (2nd floor duplex) with a private one car garage located in the highly desirable Tropic Isle community. Situated east of federal this property has close proximity to the beach, downtown delray, Mizner park, and a ton of other shops and restaurants. Other features include 16 inch white tile flooring in bedrooms, washer/dryer, 2 large balconies, granite counter tops and a large jacuzzi in master bathroom.

Last Agent to Rent the Property

Derek Barra

Coldwell Banker License #3330340 Listed on: 08/31/2020

Coldwell Banker

Co-Listed By

Franco Giordano

One Sotheby's International Realty License #3417489

Last Renter's Agent

Courtney Hilleman

KW Innovations License #3461458

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $19,823

Year Built

  • Built in 1990

Lot Details

  • 7,971

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,950 Sq Ft Home
  • Family Room
  • Screened Porch
  • Water Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bidet
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 9/1/20
  • Assessor Parcel Number 12434628790000010

Community Details

Overview

  • 2 Units
  • Tropic Isle Subdivision

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed

Additional Features

  • Community Storage Space
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$19,823

Year Built

Built in 1990

Lot Details

0

Parking

1

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water
  • Available Date: 2020-09-01

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: SOUTH OF LINTON ON FED. HWY. TO AVENUE L PROPERTY IS ON RIGHT
  • Year Built: 1990
  • Entry Level: 2
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bidet, Split Bedrooms, Separate Shower, Tub Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile, Wood
  • Living Area: 1950.0
  • Dining Room Type: Family Room, Laundry

Exterior Features

  • Exterior Features: Balcony, Enclosed Porch, Patio
  • View: Other, Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Patio And Porch Features: Balcony, Patio, Porch, Screened

Garage/Parking

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

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Storage
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434628790000010
  • Land Lease Amount Frequency: Monthly
  • Lot Size: < 1/4 Acre,East of US-1

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2023
Sold by
Favale Raffaele
Bought by
Favale Maorizio and Favale Rudolfo
Current Estimated Value
$1,505,408

Purchase Details

Closed on
Jul 14, 2022
Sold by
Raffaele Favale
Bought by
Raffaele Favale Living Trust

Purchase Details

Closed on
Dec 30, 2019
Sold by
Favale Estates Llc
Bought by
Favale Raffaele

Purchase Details

Closed on
Mar 1, 2016
Sold by
Favale Rodolfo
Bought by
Favale Maorizio

Purchase Details

Closed on
Feb 16, 2016
Sold by
Favale Angela
Bought by
Favale Maorizio and Favale Vingenzo

Purchase Details

Closed on
Dec 4, 2015
Sold by
Favale Raffaele
Bought by
Favale Angela and The Angela Favale Revocable Trust

Purchase Details

Closed on
Sep 28, 2015
Sold by
Favale Angela
Bought by
Favale Rafaele

Purchase Details

Closed on
May 1, 2006
Sold by
Favale Raffaele and Favale Angela
Bought by
Favale Angela and The Angela Favale Revocable Trust
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
Favale Maorizio -- None Listed On Document
Raffaele Favale Living Trust -- Leonard & Morrison
Favale Raffaele -- Attorney
Favale Raffaele -- Attorney
Favale Maorizio -- None Available
Favale Maorizio -- Attorney
Favale Angela -- Attorney
Favale Rafaele -- Attorney
Favale Angela -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Favale Angela $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2020 10/04/20 Rented $2,650 0.0% --
09/04/2020 09/04/20 Under Contract -- -- --
08/31/2020 08/31/20 For Rent $2,650 +15.2% --
01/04/2017 01/04/17 Rented $2,300 0.0% --
12/05/2016 12/05/16 Under Contract -- -- --
11/11/2016 11/11/16 For Rent $2,300 -- --
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 $19,823 $1,072,721 -- --
2023 $15,610 $759,459 $333,620 $569,500
2022 $13,908 $690,417 $0 $0
2021 $12,960 $627,652 $187,500 $440,152
2020 $9,528 $495,455 $0 $0
2019 $9,819 $462,426 $159,000 $303,426
2018 $9,563 $459,838 $150,802 $309,036
2017 $9,468 $446,063 $137,093 $308,970
2016 $9,106 $416,409 $0 $0
2015 $7,634 $296,802 $0 $0
2014 $6,964 $269,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Landlord's Agent in 2020

    Derek Barra

    Coldwell Banker

    (561) 395-2233

    3 in this area

    59 Total Sales

    Derek Barra
    Section Image

  • F

    Landlord's Co-Listing Agent in 2020

    Franco Giordano

    One Sotheby's International Realty

    (607) 283-1999

    1 in this area

    24 Total Sales

    Franco Giordano
    Section Image

  • C

    Tenant's Agent in 2020

    Courtney Hilleman

    KW Innovations

  • J

    Seller's Agent in 2017

    Jessica Arzt

    Champagne & Parisi Real Estate

    (561) 213-6716

    58 Total Sales

    Jessica Arzt
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10651104

BeachesMLS

APN: 12-43-46-28-79-000-0010

Florida Palm Beach County Delray Beach 33483 Tropic Isle

242 Avenue L, Delray Beach, FL

This home is located at 242 Avenue L, Delray Beach, FL 33483 since 31 August 2020 and is currently priced at $1,505,408. This property was built in 1990. 242 Avenue L is a home located in Palm Beach County with nearby schools including Pine Grove Elementary School, Boca Raton Community 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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