NOT LISTED FOR SALE

311 NW 5th Ave Delray Beach, FL 33444

Downtown Delray Beach Neighborhood

Estimated Value: $403,964 - $520,000

2 Beds
1 Bath
520 Sq Ft
$888/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $249,000 $479 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,974/month

26 Days on Market

Highlights

  • Room in yard for a pool
  • Plantation Shutters
  • Open Patio
  • Garden View
  • Porch
  • Security Gate

About This Home

As of September 2020

Your pick! Starter home? Vacation home? AirBnB? Great choice for any option! A perfect starter home in an up & coming historic neighborhood of Delray Beach. Build equity while enjoying efficient zoned control AC systems in all rooms, fully updated kitchen w/new cabinets & marble counters along with full W/D at your fingertips! Or this is the perfect beach house/vacation home just a bike ride from the beach or easy walking distance to the best restaurants & bars of Delray. This property is a great winter get-away with a huge fenced-in maintenance-free yard. Enjoy BBQs & fire pit evenings in complete privacy & security of your electric gated fortress! With no HOA restrictions, this property has been & can continue to make a great AirBnB investment property with CAP rates that can exceed 12%!

Last Agent to Sell the Property

Loye Matika

The Keyes Company License #3224765 Listed on: 07/23/2020

The Keyes Company

Last Buyer's Agent

Lauren Kydes

Florida's Best Realty Services License #3123997

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,682

Year Built

  • Built in 1945

Lot Details

  • 6,725 Sq Ft Lot
  • Fenced
  • Property is zoned R-1-A(

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 520 Sq Ft Home
  • 1-Story Property
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Awning
  • Plantation Shutters
  • Single Hung Metal Windows
  • Blinds
  • Open Floorplan
  • Tile Flooring
  • Garden Views
  • Security Gate

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Stacked Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Driveway
  • On-Street Parking
  • Open Parking

Outdoor Features

  • Room in yard for a pool
  • Open Patio
  • Shed
  • Porch

Schools

  • Atlantic Technical High School

Utilities

  • Zoned Heating and Cooling
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Town Of Delray Subdivision
  • Card or Code Access

Listing and Financial Details

  • Assessor Parcel Number 12434616010250080

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,682

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: FROM 95 EAST ON ATLANTIC TO NORTH ON NW 5TH AVE - THREE BLOCKS ON RIGHT SIDE
  • Year Built: 1945
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Kitchen/Dining Combo, Living/Dining Room, Stacked Bedrooms
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 520.0
  • Dining Room Type: Laundry
  • Stories: 1
  • Window Features: Blinds, Drapes, Metal, Plantation Shutters, Single Hung

Exterior Features

  • Exterior Features: Awning(s), Fence, Porch, Patio, Room For Pool, Shed
  • View: Garden
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Frame
  • Other Structures: Shed(s)
  • Patio And Porch Features: Open, Patio, Porch
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Driveway, Open, On Street

Utilities

  • Security: Security Gate, Key Card Entry
  • Cooling: Central Air, Ceiling Fan(s), Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: Atlantic Technical

Lot Info

  • Parcel #: 12434616010250080
  • Lot Size Sq Ft: 6725.0
  • Zoning Description: R-1-A(
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1682.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2020
Closed on
Sep 18, 2020
Sold by
Simpson Barbara
Bought by
Kenan Cynthia Jean
Seller's Agent
Loye Matika
The Keyes Company
Buyer's Agent
Lauren Kydes
Florida's Best Realty Services
List Price
$249,000
Sold Price
$249,000
Current Estimated Value
$461,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,741
Avg. Annual Appreciation
11.72%
Original Mortgage
$241,530
Outstanding Balance
$217,241
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$213,249

Purchase Details

Closed on
Aug 29, 2011
Sold by
Federal National Mortgage Association
Bought by
Simpson Barbara

Purchase Details

Closed on
Jun 15, 2011
Sold by
Aurora Loan Services Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 25, 2011
Sold by
Ludwig Scott R
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Sep 23, 2002
Sold by
Bowens John H
Bought by
Ludwig Scott R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
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
Kenan Cynthia Jean $249,000 Homepartners Title Svcs Llc
Simpson Barbara $40,000 Attorney
Federal National Mortgage Association -- Attorney
Aurora Loan Services Llc $17,800 None Available
Ludwig Scott R $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kenan Cynthia Jean $241,530
Previous Owner Ludwig Scott R $100,000
Previous Owner Ludwig Scott R $20,593
Previous Owner Ludwig Scott R $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2020 09/18/20 Sold $249,000 0.0% $479 / Sq Ft
08/19/2020 08/19/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $249,000 -- $479 / 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 $5,494 $219,063 -- --
2023 $5,203 $199,148 $145,000 $226,944
2022 $4,136 $181,044 $0 $0
2021 $3,595 $164,585 $55,500 $109,085
2020 $1,728 $97,999 $52,500 $45,499
2019 $1,682 $98,434 $34,200 $64,234
2018 $1,473 $84,101 $31,334 $52,767
2017 $1,312 $65,830 $27,486 $38,344
2016 $1,230 $39,469 $0 $0
2015 $1,170 $35,881 $0 $0
2014 $1,039 $32,619 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Loye Matika

    Seller's Agent in 2020

    Loye Matika

    The Keyes Company

    (561) 703-9825

    1 in this area

    34 Total Sales

    Loye Matika
    Section Image

  • L

    Buyer's Agent in 2020

    Lauren Kydes

    Florida's Best Realty Services

    (954) 415-4478

    2 in this area

    55 Total Sales

    Lauren Kydes
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10641047

BeachesMLS

APN: 12-43-46-16-01-025-0080

Florida Palm Beach County Delray Beach 33444 Downtown Delray Beach

311 NW 5th Ave, Delray Beach, FL

This home is located at 311 NW 5th Ave, Delray Beach, FL 33444 since 23 July 2020 and is currently estimated at $461,741, approximately $887 per square foot. This property was built in 1945. 311 NW 5th Ave is a home located in Palm Beach County with nearby schools including Plumosa School of the Arts, 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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