NOT LISTED FOR SALE

305 SE 7th Ave Delray Beach, FL 33483

Downtown Delray Beach Neighborhood

Estimated Value: $5,085,476 - $6,445,000

5 Beds
5.5 Baths
3,389 Sq Ft
$1,678/Sq Ft Est. Value

Last Sold November 18, 2021

Last sale price $4,000,000 $1,180 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $35,528/month

47 Days on Market

Highlights

  • 71 Feet of Waterfront
  • Heated Pool
  • Skylights
  • Intracoastal View
  • Wood Flooring
  • 5-minute walk to 505 Teen Center and Hobbit Skate Park

About This Home

As of November 2021

Presenting a lushly landscaped residence on the Intracoastal front featuring 5 Bedrooms, 5 1/2 Baths, plus a separate Gym/Studio, newer Dock & Sea Wall, full house Generator, Impact Glass and Pool/Spa (heated). As you pull into the white gated picket fence entry drive lined with Chicago Brick, you are immediately transported to a secluded ''Magical Paradise'' that calms and soothes. Sited on an estate sized lot measuring approx. 200' deep and 71' on the water, this home has commanding water views and private outdoor patio & garden areas to rival any local Plant/Tree Nursery. The interior features large open spaces and rooms finished with wood/tiled floors. Come enjoy the relaxing and tropical grounds and pool area of this updated home or meander to the Avenue or Beach for the day. see more

Last Agent to Sell the Property

Jeffrey Johnson

Douglas Elliman License #614327 Listed on: 08/31/2021

Douglas Elliman

Last Buyer's Agent

Deborah Ruffino

Century 21 Guspav Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,858

Year Built

  • Built in 1947

Lot Details

  • 0.32 Acre Lot
  • 71 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • Sprinkler System
  • Property is zoned R-1-AA

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • 3,389 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Skylights
  • Fireplace
  • Sliding Windows
  • Entrance Foyer
  • Family Room
  • Intracoastal Views

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Security Lights
  • Motion Detectors
  • Impact Glass

Outdoor Features

  • Heated Pool
  • Seawall
  • Patio

Utilities

  • Central Heating and Cooling System
  • Water Softener is Owned
  • Cable TV Available

Community Details

  • Marina Historic District Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434616a91280030

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,858

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Located Intracoastal front just 3 Blocks south of Atlantic Ave on SE 7th Ave one lot south of 3rd St.
  • Year Built: 1947
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Closet Cabinetry, Entrance Foyer, Fireplace, Pantry, Split Bedrooms, Skylights
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Water Softener Owned, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Living Area: 3389.0
  • Dining Room Type: Family Room, Laundry
  • Stories: 1
  • Window Features: Impact Glass, Sliding, Skylight(s)

Exterior Features

  • Exterior Features: Patio
  • View: Intercoastal
  • Road Frontage Type: Waterfront
  • Lot Features: Sprinklers Automatic
  • Pool Features: Heated, Pool
  • Pool Private: Yes
  • Waterfront Features: Intracoastal Access, Seawall
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • FrontageLengthRemarks: 71

Garage/Parking

  • Garage Yn: No

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security System, Motion Detectors, Security Lights
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 12434616a91280030
  • Lot Size: 71.0 ft x 198.0 ft
  • Lot Size Sq Ft: 13830.0
  • Zoning Description: R-1-AA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 38858.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2021
Closed on
Nov 18, 2021
Sold by
Deiray Beach House Llc
Bought by
Sherman Addison and Sherman Erika
Seller's Agent
Jeffrey Johnson
Douglas Elliman
Buyer's Agent
Deborah Ruffino
Century 21 Guspav Realty Inc
List Price
$4,200,000
Sold Price
$4,000,000
Premium/Discount to List
-$200,000
-4.76%
Current Estimated Value
$5,685,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,685,869
Avg. Annual Appreciation
9.44%
Original Mortgage
$1,000,000
Outstanding Balance
$904,734
Interest Rate
2.12%
Mortgage Type
New Conventional
Estimated Equity
$4,781,135

Purchase Details

Closed on
May 26, 1998
Sold by
Schulte Kenneth J and Schulte Aixa D
Bought by
Delray Beach House Llc
Source: Public Records

Range of Values:

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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
Sherman Addison $4,000,000 Stewart Title
Delray Beach House Llc $532,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherman Addison $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2021 11/18/21 Sold $4,000,000 -4.8% $1,180 / Sq Ft
10/19/2021 10/19/21 Pending -- -- --
09/01/2021 09/01/21 For Sale $4,200,000 -- $1,239 / 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 $64,591 $3,567,854 -- --
2023 $65,089 $3,463,936 $0 $0
2022 $64,911 $3,363,045 $0 $0
2021 $38,789 $1,911,217 $1,700,000 $211,217
2020 $38,858 $1,898,096 $1,683,000 $215,096
2019 $37,960 $2,001,699 $1,785,000 $216,699
2018 $34,331 $1,916,432 $1,720,990 $195,442
2017 $32,002 $1,760,679 $1,564,537 $196,142
2016 $29,591 $1,309,990 $0 $0
2015 $27,284 $1,190,900 $0 $0
2014 $24,278 $1,082,636 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Johnson

    Seller's Agent in 2021

    Jeffrey Johnson

    Douglas Elliman

    (561) 376-4328

    10 in this area

    18 Total Sales

    Jeffrey Johnson
    Section Image

  • D

    Buyer's Agent in 2021

    Deborah Ruffino

    Century 21 Guspav Realty Inc

  • Debbie Ruffino

    Buyer's Agent in 2021

    Debbie Ruffino

    The Cove Guspav Realty

    (561) 989-9150

    1 in this area

    51 Total Sales

    Debbie Ruffino
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10742664

BeachesMLS

APN: 12-43-46-16-A9-128-0030

Florida Palm Beach County Delray Beach 33483 Downtown Delray Beach

305 SE 7th Ave, Delray Beach, FL

This home is located at 305 SE 7th Ave, Delray Beach, FL 33483 since 31 August 2021 and is currently estimated at $5,685,869, approximately $1,677 per square foot. This property was built in 1947. 305 SE 7th Ave is a home located in Palm Beach County with nearby schools including Pine Grove Elementary School, Carver Middle School, and Atlantic 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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