248 NE 1st Ave Delray Beach, FL 33444
Downtown Delray Beach NeighborhoodEstimated Value: $1,999,000 - $2,687,414
5
Beds
3
Baths
3,372
Sq Ft
$715/Sq Ft
Est. Value
Highlights
- Wood Flooring
- High Ceiling
- In-Law or Guest Suite
- Mediterranean Architecture
- Balcony
- Open Patio
About This Home
As of June 2021Picture perfect vacation home In Delray Beach, only 3 blocks to Atlantic Ave and 1 mile to the beach. Historic 1926 ''Bankers Row'' Villa designed by renowned ArchitectSamuel Ogren. Villa Abrigo (House of Comfort) offers a full Addison Mizner experience with elaborate columns, arched openings, wood beamed ceilings, ceramic-tile roofs and outdoor loggias. Main house is 4bedrooms 2 baths, Guest House is a detached cottage with kitchen, 1 bedroom, 1 bath. Private grounds provide a tranquilsetting showcasing a brick-paved courtyard, loggia and fountain. Walking distance to all of downtown Delray Beach's shops and award winning restaurants.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $22,755
Year Built
- Built in 1926
Lot Details
- 10,425 Sq Ft Lot
- Property is zoned OSSHAD -
Home Design
- Mediterranean Architecture
- Villa
- Frame Construction
Interior Spaces
- 3,372 Sq Ft Home
- 2-Story Property
- High Ceiling
- French Doors
- Entrance Foyer
- Family Room
Kitchen
- Electric Range
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- In-Law or Guest Suite
- 3 Full Bathrooms
Outdoor Features
- Balcony
- Open Patio
Schools
- Carver; G.W. Middle School
- Atlantic Technical High School
Utilities
- Central Heating and Cooling System
Community Details
- Delray Town Of Subdivision
Listing and Financial Details
- Assessor Parcel Number 12434616010660091
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 30, 2021
Closed on
Jun 3, 2021
Sold by
Bridgewell Capital Llc
Bought by
Derrickson Stephen and Derrickson Laura
Seller's Agent
ANTHONY GUADALUPE
Non Member Listing Office
Buyer's Agent
Laura Derrickson
Keller Williams Coastal Partners
List Price
$1,300,000
Sold Price
$1,400,000
Premium/Discount to List
$100,000
7.69%
Total Days on Market
34
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,010,104
Avg. Annual Appreciation
14.58%
Purchase Details
Closed on
Feb 4, 2021
Sold by
Villa Arrigo At Celeste Llc
Bought by
Bridgewell Capital Llc
Purchase Details
Listed on
May 3, 2016
Closed on
Nov 11, 2016
Sold by
Spector David A and Spector Vanessa M
Bought by
Villa Abrigo At Celeste Llc
Seller's Agent
Erik Ring
Douglas Elliman
Buyer's Agent
Danielle Posillico
Coldwell Banker
List Price
$1,349,000
Sold Price
$1,210,000
Premium/Discount to List
-$139,000
-10.3%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.39%
Original Mortgage
$1,007,500
Interest Rate
4.08%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Jun 5, 2015
Sold by
Spector David A and Spector Vanessa M
Bought by
Spector David A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 15, 2009
Sold by
Nolan James C and Nolan Wendy J
Bought by
Spector David A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.18%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 2, 2002
Sold by
Bush Everitt Cynthia and Everitt John
Bought by
Nolan James C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.18%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jul 7, 1997
Sold by
Cynthia Bush-Leeds Tr
Bought by
Bush-Leeds Cynthia K
Similar Homes in Delray Beach, FL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Derrickson Stephen | $1,400,000 | Attorney | |
| Bridgewell Capital Llc | $1,000,100 | None Available | |
| Villa Abrigo At Celeste Llc | $1,210,000 | Mellinger Title Svcs Llc | |
| Spector David A | -- | None Available | |
| Spector David A | $550,000 | Corporate Title Inc | |
| Spector David A | -- | Corporate Title Inc | |
| Nolan James C | $560,000 | -- | |
| Bush-Leeds Cynthia K | $100 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Villa Abrigo At Celeste Llc | $1,360,000 | |
| Previous Owner | Villa Abrigo At Celeste Llc | $1,007,500 | |
| Previous Owner | Villa Abrigo At Celeste Llc | $750,000 | |
| Previous Owner | Spector David A | $417,000 | |
| Previous Owner | Spector David | $100,000 | |
| Previous Owner | Spector David A | $417,000 | |
| Previous Owner | Nolan James C | $116,600 | |
| Previous Owner | Nolan James C | $50,000 | |
| Previous Owner | Nolan James C | $300,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/03/2021 06/03/21 | Sold | $1,400,000 | +7.7% | $415 / Sq Ft |
| 05/04/2021 05/04/21 | Pending | -- | -- | -- |
| 03/30/2021 03/30/21 | For Sale | $1,300,000 | +7.4% | $386 / Sq Ft |
| 11/14/2016 11/14/16 | Sold | $1,210,000 | -10.3% | $444 / Sq Ft |
| 10/15/2016 10/15/16 | Pending | -- | -- | -- |
| 05/03/2016 05/03/16 | For Sale | $1,349,000 | -- | $495 / Sq Ft |
Source: BeachesMLS
Tax History Compared to Growth
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 | $35,957 | $1,852,629 | -- | -- |
| 2023 | $32,882 | $1,684,208 | $978,500 | $796,869 |
| 2022 | $30,240 | $1,531,098 | $0 | $0 |
| 2021 | $23,755 | $1,156,979 | $600,000 | $556,979 |
| 2020 | $23,134 | $1,116,822 | $525,000 | $591,822 |
| 2019 | $22,755 | $1,128,905 | $500,000 | $628,905 |
| 2018 | $19,869 | $966,297 | $476,369 | $489,928 |
| 2017 | $18,555 | $883,378 | $393,693 | $489,685 |
| 2016 | $8,822 | $439,823 | $0 | $0 |
| 2015 | $9,052 | $436,766 | $0 | $0 |
| 2014 | -- | $433,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
ANTHONY GUADALUPE
Seller's Agent in 2021
ANTHONY GUADALUPE
Non Member Listing Office
(917) 945-1240
4 in this area
1,977 Total Sales
-
Laura Derrickson
Buyer's Agent in 2021
Laura Derrickson
Keller Williams Coastal Partners
(561) 571-5055
1 in this area
20 Total Sales
-
Erik Ring
Seller's Agent in 2016
Erik Ring
Douglas Elliman
(561) 441-6880
2 in this area
81 Total Sales
-
Danielle Posillico
D
Buyer's Agent in 2016
Danielle Posillico
Coldwell Banker
(860) 918-1598
Map
Source: BeachesMLS
MLS Number: R10703794
APN: 12-43-46-16-01-066-0091
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