NOT LISTED FOR SALE

3121 Jasmine Dr Delray Beach, FL 33483

Tropic Isle Neighborhood

Estimated Value: $5,345,000 - $7,503,902

0.23 Acre
$29,085,765 Price per Acre
10,019 Sq Ft Lot

Last Sold April 30, 2013

Last sale price $1,030,000

Est. 549% increase in value since last sale

Current estimated payment $39,420/month

83 Days on Market

Highlights

  • Beach Front
  • Property has ocean access
  • Paved or Partially Paved Lot
  • Boca Raton Community Middle School Rated A-
  • Intracoastal View

About This Lot

As of April 2013

BUILDERS, DEVELOPERS, END USERS! RARE OPPORTUNITY TO BUY A HIGHLY SOUGHT AFTER DIRECT INTRACOASTAL DREAM LOT IN SOUTH FLORIDA'S PRESTIGOUS WATERFRONT COMMUNITY - TROPIC ISLE! ENJOY ENDLESS WATER VIEWS AND SUNRISES!

Last Agent to Sell the Property

Bonnie Heatzig

Compass Florida LLC License #3100407 Listed on: 01/06/2013

Compass Florida LLC

Co-Listed By

Miles Rosenthal

ZFC Real Estate LLC License #603479

Last Buyer's Agent

Bonnie Heatzig

Compass Florida LLC License #3100407 Listed on: 01/06/2013

Compass Florida LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $21,985

Lot Details

  • 10,019 Sq Ft Lot
  • Beach Front
  • Home fronts navigable water
  • Property fronts an intracoastal waterway
  • Paved or Partially Paved Lot
  • Site Plan Filed
  • Property is zoned 1aab

Additional Features

  • Intracoastal Views
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 12434628040004320

Community Details

Overview

  • Tropic Isle Sec 04 Subdivision

Recreation

  • Property has ocean access
  • No Fixed Bridges

Property Details

Property Type

Land

Est. Annual Taxes

$21,985

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: From US1, go E on Ave L, N on Spanish Trail, E on Jasmine Dr
  • Special Features: None

Exterior Features

  • View: Intercoastal
  • Lot Features: Beach Front, City Lot, < 1/4 Acre
  • Road Surface Type: Paved
  • Waterfront Features: Dock Access, Intracoastal Access, Navigable Water, No Fixed Bridges, Ocean Access
  • Waterfront: Yes

Lot Info

  • Parcel #: 12434628040004320
  • Development Status: Site Plan Filed
  • Lot Size Acres: 0.23
  • Lot Size: 100
  • Number Of Lots: 1
  • Zoning Description: 1aab

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 21985.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2013
Closed on
Apr 24, 2013
Sold by
Albert William J
Bought by
Damato Joseph R
Seller's Agent
Bonnie Heatzig
Compass Florida LLC
Buyer's Agent
Bonnie Heatzig
Compass Florida LLC
List Price
$1,099,000
Sold Price
$1,030,000
Premium/Discount to List
-$69,000
-6.28%
Current Estimated Value
$6,689,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,659,726
Avg. Annual Appreciation
16.15%

Purchase Details

Closed on
Apr 24, 2012
Sold by
Albert Gregory D and Albert Laina G
Bought by
Albert William J

Purchase Details

Closed on
Mar 22, 2011
Sold by
3121 Jasmine Drive Corporation
Bought by
Albert Gregory D

Purchase Details

Closed on
Oct 1, 2004
Sold by
Lynn Geoffrey and Lynn Lisa
Bought by
3121 Jasmine Drive Corp

Purchase Details

Closed on
Jun 17, 2002
Sold by
Karosas Raymond K and Karosas Linda L
Bought by
Lynn Geoffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$754,750
Interest Rate
5.38%

Purchase Details

Closed on
Jul 22, 1994
Sold by
Dowling Copeland Cathy R
Bought by
Karosas Raymond K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
8.26%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Damato Joseph R $1,030,000 Attorney
Albert William J $700,000 Attorney
Albert Gregory D $660,000 Attorney
3121 Jasmine Drive Corp $1,315,000 Realty Land Title Company
Lynn Geoffrey $754,750 Prestige Title & Research Co
Karosas Raymond K $525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lynn Geoffrey $754,750
Previous Owner Karosas Raymond K $420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2013 04/30/13 Sold $1,030,000 -6.3% --
03/31/2013 03/31/13 Pending -- -- --
01/06/2013 01/06/13 For Sale $1,099,000 -- --
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 $52,865 $2,934,183 -- --
2023 $53,273 $2,848,721 $0 $0
2022 $53,098 $2,765,749 $0 $0
2021 $53,385 $2,685,193 $0 $0
2020 $53,104 $2,648,119 $1,200,000 $1,448,119
2019 $53,485 $2,637,828 $1,200,000 $1,437,828
2018 $23,433 $1,160,694 $1,158,750 $1,944
2017 $22,931 $1,161,005 $1,158,750 $2,255
2016 $21,971 $990,549 $0 $0
2015 $19,761 $900,499 $0 $0
2014 $20,059 $900,499 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bonnie Heatzig

    Seller's Agent in 2013

    Bonnie Heatzig

    Compass Florida LLC

    (561) 251-0321

    102 Total Sales

    Bonnie Heatzig
    Section Image

  • M

    Seller Co-Listing Agent in 2013

    Miles Rosenthal

    ZFC Real Estate LLC

    (561) 305-2622

    9 Total Sales

    Miles Rosenthal
    Section Image
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Map

Source: BeachesMLS

MLS Number: R3335300

BeachesMLS

APN: 12-43-46-28-04-000-4320

Florida Palm Beach County Delray Beach 33483 Tropic Isle

3121 Jasmine Dr, 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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