NOT LISTED FOR SALE

Estimated Value: $751,167 - $945,000

3 Beds
2 Baths
1,541 Sq Ft
$556/Sq Ft Est. Value

Last Sold April 30, 2019

Last sale price $333,000 $216 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $5,173/month

58 Days on Market

Highlights

  • Garden View
  • Tile Flooring
  • Wall Furnace
  • Cooling System Mounted To A Wall/Window
  • Fenced

About This Home

As of April 2019

Exceptional opportunity to own three duplexes in East Delray Beach (duplexes are listed separately...269 & 273 N.E 13th Street...contiguous). This duplex is comprised of two 2/BR, 1/BA units. Freshly painted. They are presently at capacity and rented week to week. New roof and new electrical panel boxes. (Rental Incomes may vary based upon short terms vacancies).

Last Listed By

Nancy Merritt

South Florida Realty Group & Property Management L License #132172 Listed on: 01/31/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,487

Year Built

  • Built in 1965

Lot Details

  • Fenced
  • Sprinkler System

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,541 Sq Ft Home
  • 1-Story Property
  • Single Hung Metal Windows
  • Tile Flooring
  • Garden Views

Schools

  • Carver; G.W. Middle School
  • Atlantic Technical High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12434609280010021

Community Details

Overview

  • 2 Units
  • Dell Park Subdivision

Building Details

  • Operating Expense $10,000
  • Net Operating Income $57,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,487

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Between N.E. 2nd Avenue and N.E. 3rd Avenue, North of George Bush Blvd.
  • Year Built: 1965
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1541.0
  • Window Features: Metal, Single Hung

Exterior Features

  • Exterior Features: Fence
  • View: Garden
  • Lot Features: Sprinklers Automatic
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Schools

  • High School: Atlantic Technical
  • Middle Or Junior School: Carver; G.W.

Lot Info

  • Parcel #: 12434609280010021
  • Zoning Description: R-1-A

Multi Family

  • Property Net Operating Income: 57200.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 10000.0

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 4487.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2019
Sold by
Day Kendall and Day Robin
Bought by
Courtyard Ii Llc
Total Days on Market
58
Current Estimated Value
$857,056

Purchase Details

Listed on
Jan 31, 2019
Closed on
Apr 29, 2019
Sold by
Nito Properties Llc
Bought by
Day Kendall and Day Robin
Seller's Agent
Nancy Merritt
South Florida Realty Group & Property Management L
List Price
$399,000
Sold Price
$333,000
Premium/Discount to List
-$66,000
-16.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.07%
Original Mortgage
$249,750
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2015
Sold by
Mf Homes Iii Llc
Bought by
Nito 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
$200,000
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 2011
Sold by
Wells Fargo Bank Na
Bought by
Mf Homes Iii Llc

Purchase Details

Closed on
Oct 19, 2010
Sold by
Hoffman Howard E and Hoffman Diane
Bought by
Wachovia Mortgage

Purchase Details

Closed on
Sep 20, 2004
Sold by
Brown Samuel D
Bought by
Hoffman Howard E and Hoffman Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 1998
Sold by
Brown Anthony C
Bought by
Brown Samuel D
Source: Public Records

Range of Values:

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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
Courtyard Ii Llc -- Attorney
Day Kendall $333,000 First Priority Title Company
Nito Properties Llc $240,000 Attorney
Mf Homes Iii Llc $106,100 Rels Title
Wachovia Mortgage $129,100 None Available
Hoffman Howard E $240,000 Sunbelt Title Agency
Brown Samuel D $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Courtyard Ii Llc $405,000
Previous Owner Day Kendall $249,750
Previous Owner Nito Properties Llc $200,000
Previous Owner Hoffman Howard E $350,000
Previous Owner Hoffman Howard E $75,000
Previous Owner Hoffman Howard E $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2019 04/30/19 Sold $333,000 -16.5% $216 / Sq Ft
03/31/2019 03/31/19 Pending -- -- --
01/31/2019 01/31/19 For Sale $399,000 -- $259 / 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 $7,497 $329,712 -- --
2023 $7,623 $299,738 $459,480 $99,372
2022 $6,274 $272,489 $0 $0
2021 $7,488 $247,717 $175,000 $72,717
2020 $7,836 $257,846 $154,000 $103,846
2019 $4,993 $231,385 $140,000 $91,385
2018 $4,487 $212,807 $143,707 $69,100
2017 $4,151 $188,833 $130,643 $58,190
2016 $4,207 $186,271 $0 $0
2015 $3,395 $138,960 $0 $0
2014 -- $126,327 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10500709

BeachesMLS

APN: 12-43-46-09-28-001-0021