NOT LISTED FOR SALE

Estimated Value: $4,697,000 - $6,155,000

6 Beds
7 Baths
5,025 Sq Ft
$1,048/Sq Ft Est. Value

Last Sold June 21, 2023

Last sale price $4,450,000 $886 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $34,140/month

94 Days on Market

Highlights

  • 325 Feet of Waterfront
  • Concrete Pool
  • 23,302 Sq Ft lot
  • Boat Ramp
  • Lake View
  • Fruit Trees

About This Home

As of June 2023

Delray Beach estate with 325 feet of waterfront on a 1/2 acre point lot on Lake Eden. Wide open water views from all the primary rooms. 6 bedrooms, 5 full baths, 2 half baths, living/family rooms on two levels, a private office, and an expansive primary bedroom with French doors leading to the pool and waterfront. Hurricane Impact glass and impact French doors are throughout the house. All air conditioning units are brand new. Boathouse with electric boat lift. Heated pool with hot tub spa. Large loggia with ample dining and entertaining areas. Multiple outdoor balconies overlooking Lake Eden. Over-sized 3 1/2 car garage. Prime location just minutes from Delray's pristine beach and fine dining on Atlantic Avenue. Live the Floridian dream lifestyle on the waterfront in Delray Beach.

Last Agent to Sell the Property

Frederick Moran

The Corcoran Group License #3375824 Listed on: 01/02/2023

The Corcoran Group

Last Buyer's Agent

Elyse Duff

Coldwell Banker Realty /Delray Beach License #3471761

Coldwell Banker Realty /Delray Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $57,624

Year Built

  • Built in 1990

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 110 x 138
  • 325 Feet of Waterfront
  • Lake Front
  • Cul-De-Sac
  • Fenced
  • Corner Lot
  • Sprinkler System
  • Fruit Trees
  • Property is zoned R-1-AA

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • Guest Parking

Property Views

  • Lake
  • Pool

Home Design

  • Concrete Roof

Interior Spaces

  • 5,025 Sq Ft Home
  • 2-Story Property
  • Furnished or left unfurnished upon request
  • Vaulted Ceiling
  • Skylights
  • Plantation Shutters
  • Blinds
  • French Doors
  • Great Room
  • Family Room
  • Formal Dining Room
  • Den
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Lights
  • Motion Detectors
  • Impact Glass
  • Fire and Smoke Detector

Pool

  • Concrete Pool
  • In Ground Spa
  • Pool Equipment or Cover

Outdoor Features

  • Balcony
  • Open Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 12434605030000050

Community Details

Overview

  • Lake Eden Sub 1 Subdivision

Recreation

  • Boat Ramp
  • Boating

Home Details

Home Type

Single Family

Est. Annual Taxes

$57,624

Year Built

Built in 1990

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: From Atlantic Avenue in Delray Beach take Swinton Avenue north to 22nd Street. Turn left onto 22nd Street then make an immediate right onto Lake Eden Way and proceed to the cul de sac.
  • Year Built: 1990
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, French Door(s)/Atrium Door(s), High Ceilings, Jetted Tub, Living/Dining Room, Split Bedrooms, Skylights, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Private Spa: Yes
  • Furnished: Negotiable
  • Spa Features: In Ground
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Door Features: French Doors
  • Flooring: Wood
  • Living Area: 5025.0
  • Dining Room Type: Den, Family Room, Great Room, Laundry
  • Stories: 2
  • Window Features: Blinds, Impact Glass, Plantation Shutters, Skylight(s)

Exterior Features

  • Exterior Features: Balcony, Fence, Fruit Trees, Porch, Patio
  • View: Lake, Pool
  • Road Frontage Type: Waterfront
  • Lot Features: Corner Lot, Cul-De-Sac, Sprinklers Automatic
  • Pool Features: Concrete, Heated, Pool Equipment, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Patio, Porch
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Driveway, Garage, Guest, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Security System, Closed Circuit Camera(s), Motion Detectors, Security Lights, Smoke Detector(s)
  • Cooling: Central Air, Electric, Zoned
  • 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: Boat Facilities, Non-Gated, Street Lights
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434605030000050
  • Lot Size: 110 x 138
  • Lot Size Sq Ft: 23302.0
  • Zoning Description: R-1-AA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 57624.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2021
Closed on
Dec 29, 2021
Sold by
Pike Joseph A and Pike Therese A
Bought by
Root Anthony and Luo Hongyu
Seller's Agent
Therese Pike
Coastal Shores Realty
List Price
$4,498,000
Sold Price
$3,800,000
Premium/Discount to List
-$698,000
-15.52%
Current Estimated Value
$5,264,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,464,323
Avg. Annual Appreciation
7.04%
Original Mortgage
$3,000,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 1995
Sold by
Falatick William D and Falatick Carolyn R
Bought by
Pike Joseph A and Pike Therese A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
7.72%
Mortgage Type
New Conventional
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
Root Anthony $3,800,000 Herskowitz Shapiro Pllc
Pike Joseph A $515,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jeffrey R Larsen Revocable Tru $2,500,000
Closed Root Anthony $3,000,000
Previous Owner Pike Joseph A $250,000
Previous Owner Pike Joseph A $340,000
Previous Owner Pike Joseph A $290,000
Previous Owner Pike Joseph A $499,000
Previous Owner Pike Joseph A $249,000
Previous Owner Pike Joseph A $345,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2023 06/21/23 Sold $4,450,000 -5.2% $886 / Sq Ft
04/10/2023 04/10/23 Pending -- -- --
04/04/2023 04/04/23 Price Changed $4,695,000 -11.3% $934 / Sq Ft
01/27/2023 01/27/23 Price Changed $5,295,000 -8.6% $1,054 / Sq Ft
01/05/2023 01/05/23 For Sale $5,795,000 0.0% $1,153 / Sq Ft
07/01/2022 07/01/22 Rented $15,000 -11.8% --
06/01/2022 06/01/22 Under Contract -- -- --
03/01/2022 03/01/22 Rented $17,000 0.0% --
01/31/2022 01/31/22 For Rent $17,000 -99.6% --
01/30/2022 01/30/22 Under Contract -- -- --
12/30/2021 12/30/21 Sold $3,800,000 +9400.0% $756 / Sq Ft
11/30/2021 11/30/21 Pending -- -- --
11/17/2021 11/17/21 For Rent $40,000 0.0% --
08/09/2021 08/09/21 For Sale $4,498,000 0.0% $895 / Sq Ft
04/01/2021 04/01/21 Rented $19,500 0.0% --
03/02/2021 03/02/21 Under Contract -- -- --
09/28/2020 09/28/20 For Rent $19,500 0.0% --
09/28/2020 09/28/20 Rented $19,500 0.0% --
09/09/2020 09/09/20 For Rent $19,500 -- --
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 $73,108 $3,989,773 -- --
2023 $71,168 $3,241,873 $1,968,737 $2,729,980
2022 $57,624 $2,947,157 $0 $0
2021 $28,556 $1,403,877 $840,000 $563,877
2020 $14,737 $753,996 $0 $0
2019 $14,553 $737,044 $0 $0
2018 $13,959 $723,301 $0 $0
2017 $13,931 $708,424 $0 $0
2016 $14,022 $693,853 $0 $0
2015 $14,400 $689,030 $0 $0
2014 $14,496 $683,562 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10855195

BeachesMLS

APN: 12-43-46-05-03-000-0050