NOT LISTED FOR SALE

2923 Spanish Trail Delray Beach, FL 33483

Tropic Isle Neighborhood

Estimated Value: $3,020,288 - $3,660,000

5 Beds
3 Baths
4,157 Sq Ft
$793/Sq Ft Est. Value

Last Sold July 15, 2016

Last sale price $1,212,500 $292 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $20,301/month

Highlights

  • Property has ocean access
  • Private Pool
  • Canal View
  • Boca Raton Community Middle School Rated A-
  • Waterfront
  • Vaulted Ceiling

About This Home

As of December 2017

This home is located at 2923 Spanish Trail, Delray Beach, FL 33483 since 11 July 2017 and is currently priced at $3,297,822. This property was built in 1988. 2923 Spanish Trail 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.

Last Agent to Rent the Property

Cynthia Nesman

Beachfront Properties Real Estate LLC License #3286086 Listed on: 07/11/2017

Beachfront Properties Real Estate LLC

Co-Listed By

Ari Albinder

The Keyes Company License #607019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,479

Year Built

  • Built in 1988

Lot Details

  • Waterfront
  • Fenced
  • Corner Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Canal
  • Pool

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 4,157 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Decorative Fireplace
  • French Doors
  • Entrance Foyer
  • Family Room

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Security Gate
  • Fire and Smoke Detector

Outdoor Features

  • Private Pool
  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Tropic Isle 3Rd Sec Subdivision

Listing and Financial Details

  • Property Available on 7/1/17
  • Assessor Parcel Number 12434628030003670

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,479

Year Built

Built in 1988

Lot Details

0

Parking

2

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water
  • Available Date: 2017-07-01

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: North on Federal Hwy to Tropic Blvd Left on Spanish Trail
  • Year Built: 1988
  • Entry Level: 2
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Entrance Foyer, French Door(s)/Atrium Door(s), Fireplace, High Ceilings, Jetted Tub, Pantry, Split Bedrooms, Skylights, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace Features: Decorative
  • Flooring: Marble, Wood
  • Living Area: 4157.0
  • Dining Room Type: Family Room, Laundry
  • Window Features: Skylight(s)

Exterior Features

  • Exterior Features: Fence, Patio
  • View: Canal, Pool
  • Lot Features: Corner Lot, Sprinklers Automatic
  • Pool Features: Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes
  • Patio And Porch Features: Patio

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security System, Security Gate, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434628030003670

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2016
Closed on
Jul 15, 2016
Sold by
Colandrea Anthony and Colandrea Maria
Bought by
Alvarez Brian and Alvarez Nicole
Seller's Agent
Maria Colandrea
Real Broker, LLC
Buyer's Agent
Rosanne Catanzaro
Home Station Realty
List Price
$1,399,000
Sold Price
$1,212,500
Premium/Discount to List
-$186,500
-13.33%
Current Estimated Value
$3,297,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,085,322
Avg. Annual Appreciation
11.37%
Original Mortgage
$900,000
Outstanding Balance
$718,935
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$2,578,887

Purchase Details

Closed on
Jun 14, 2011
Sold by
Colletti Elsa
Bought by
Colandrea Anthony and Colandrea Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
5.25%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 27, 2005
Sold by
Evans Jonathan
Bought by
Colletti Bernard and Colletti Elsa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 2, 2003
Sold by
Sollinger Leslie and Sollinger Neil
Bought by
Evans Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 2001
Sold by
Neil Sollinger M and Leslie Sollinger M
Bought by
Sollinger Leslie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 1999
Sold by
Beloff S David
Bought by
Sollinger Neil and Sollinger Leslie

Purchase Details

Closed on
Jun 20, 1994
Sold by
Beloff Lorraine L and David Beloff S
Bought by
Beloff S David

Purchase Details

Closed on
Jun 18, 1993
Sold by
Beloff S David
Bought by
Beloff Lorraine L and David Beloff S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
7.52%
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
Alvarez Brian $1,212,500 Title Of Of Florida Inc
Colandrea Anthony $1,125,000 Attorney
Colletti Bernard $1,487,000 --
Evans Jonathan $850,000 Corporate Title Inc
Sollinger Leslie $99,500 --
Sollinger Neil $590,000 --
Beloff S David -- --
Beloff Lorraine L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Brian $900,000
Previous Owner Colandrea Anthony $575,000
Previous Owner Colletti Bernard $500,000
Previous Owner Evans Jonathan $650,000
Previous Owner Beloff S David $350,000
Previous Owner Beloff S David $100,000
Previous Owner Beloff Lorraine L $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/29/2017 12/29/17 Rented $7,400 -19.6% --
11/29/2017 11/29/17 Under Contract -- -- --
07/11/2017 07/11/17 For Rent $9,200 0.0% --
07/15/2016 07/15/16 Sold $1,212,500 -13.3% $292 / Sq Ft View Prior Sale
06/15/2016 06/15/16 Pending -- -- --
03/26/2016 03/26/16 For Sale $1,399,000 -- $337 / 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 $36,479 $1,981,873 -- --
2023 $37,322 $1,835,131 $0 $0
2022 $32,758 $1,668,301 $0 $0
2021 $30,948 $1,533,711 $800,000 $733,711
2020 $28,291 $1,378,761 $700,000 $678,761
2019 $28,378 $1,367,699 $700,000 $667,699
2018 $27,418 $1,349,919 $720,143 $629,776
2017 $26,424 $1,274,797 $666,799 $607,998
2016 $19,919 $972,806 $0 $0
2015 $20,459 $966,044 $0 $0
2014 $20,598 $958,377 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cynthia Nesman

    Landlord's Agent in 2017

    Cynthia Nesman

    Beachfront Properties Real Estate LLC

    (561) 302-8211

    7 Total Sales

    Cynthia Nesman
    Section Image

  • A

    Landlord's Co-Listing Agent in 2017

    Ari Albinder

    The Keyes Company

    (561) 702-0413

    4 in this area

    50 Total Sales

    Ari Albinder
    Section Image

  • M

    Seller's Agent in 2016

    Maria Colandrea

    Real Broker, LLC

    (561) 613-1697

    2 in this area

    13 Total Sales

    Maria Colandrea
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10349737

BeachesMLS

APN: 12-43-46-28-03-000-3670

Florida Palm Beach County Delray Beach 33483 Tropic Isle

2923 Spanish Trail, Delray Beach, FL

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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