NOT LISTED FOR SALE

Estimated Value: $2,076,000 - $3,016,321

2 Beds
2 Baths
1,488 Sq Ft
$1,811/Sq Ft Est. Value

Last Sold April 23, 2012

Last sale price $450,000 $302 Per Sq Ft

Est. 499% increase in value since last sale

Current estimated payment $18,202/month

1,030 Days on Market

Highlights

  • Garden View
  • 1 Car Attached Garage
  • Patio
  • Sun or Florida Room
  • Eat-In Kitchen
  • Terrazzo Flooring

About This Home

As of April 2012

A real charmer! Beautiful white terrazzo floors, large eat in kitchen, sunny Florida room with windows all around, large yard, great downtown location, walk to Atlantic Ave, beach! Wonderful area, walk to Atlantic Ave restaurants, shops, galleries, grocery, pharmacy, and the beach. 1 block from the intracoastal, 3 blocks to Atlantic Ave - surrounded by homes both new & older, very sought after location. New A/C, hot water heater, washer/dryer, landscaping. Home is in really nice condition, a charmer!

Last Agent to Sell the Property

Franklin Wheat

Illustrated Properties License #3258333 Listed on: 05/28/2009

Last Buyer's Agent

Lawrence Richardson

Coldwell Banker Realty /Delray Beach License #3114873

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,034

Year Built

  • Built in 1962

Lot Details

  • East Facing Home
  • Sprinkler System
  • Property is zoned R1aa

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Concrete Roof

Interior Spaces

  • 1,488 Sq Ft Home
  • 1-Story Property
  • Furnished or left unfurnished upon request
  • Florida or Dining Combination
  • Sun or Florida Room
  • Garden Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range

Flooring

  • Terrazzo
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Palm Trail Area Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434616051210112

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,034

Year Built

Built in 1962

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: 2 blks north of Atlantic on Fed Hwy, east on 2nd St 2 blks to N on 8th Ave
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Interior Amenities: Eat-in Kitchen, Family/Dining Room
  • Furnished: Negotiable
  • Appliances: Built-In Oven, Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Terrazzo
  • Living Area: 1488.0
  • Dining Room Type: Florida Room
  • Stories: 1

Exterior Features

  • Exterior Features: Patio
  • View: Garden
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Patio
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434616051210112
  • Zoning Description: R1aa

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 7034.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2014
Sold by
Devine Timothy T
Bought by
Kahn Steven and Kahn Dana
Total Days on Market
1030
Current Estimated Value
$2,694,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$833,000
Interest Rate
4.49%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 28, 2009
Closed on
Apr 23, 2012
Sold by
Bassett Michael J
Bought by
Devine Timothy T
Seller's Agent
Franklin Wheat
Illustrated Properties
Buyer's Agent
Lawrence Richardson
Coldwell Banker Realty /Delray Beach
List Price
$550,000
Sold Price
$450,000
Premium/Discount to List
-$100,000
-18.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.51%
Original Mortgage
$350,000
Interest Rate
4%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 13, 2007
Sold by
Bassett Michael J
Bought by
Bassett Michael J

Purchase Details

Closed on
Apr 21, 1995
Sold by
Carson Anne S
Bought by
Carson Anne S
Source: Public Records

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Range of Values:

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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
Kahn Steven $1,190,000 Attorney
Devine Timothy T $450,000 Attorney
Bassett Michael J -- Attorney
Carson Anne S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kahn Steven $647,200
Closed Kahn Steven $85,000
Closed Kahn Steven $833,000
Previous Owner Devine Timothy T $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2012 04/23/12 Sold $450,000 -18.2% $302 / Sq Ft
03/24/2012 03/24/12 Pending -- -- --
05/28/2009 05/28/09 For Sale $550,000 -- $370 / 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 $37,815 $1,907,629 -- --
2023 $35,566 $1,734,208 $1,060,983 $1,051,388
2022 $32,663 $1,576,553 $0 $0
2021 $29,148 $1,433,230 $726,000 $707,230
2020 $27,025 $1,316,517 $660,000 $656,517
2019 $26,533 $1,326,953 $660,000 $666,953
2018 $23,154 $1,138,118 $626,411 $511,707
2017 $23,766 $1,145,406 $608,166 $537,240
2016 $20,942 $979,546 $0 $0
2015 $19,659 $888,031 $0 $0
2014 $11,676 $556,552 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R3023725

BeachesMLS

APN: 12-43-46-16-05-121-0112