NOT LISTED FOR SALE

Estimated Value: $808,000 - $1,083,217

2 Beds
2 Baths
1,100 Sq Ft
$891/Sq Ft Est. Value

Last Sold June 09, 2021

Last sale price $800,000 $727 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $7,668/month

37 Days on Market

Highlights

  • Clubhouse
  • Garden View
  • Walk-In Closet
  • Vaulted Ceiling
  • Community Pool
  • 1-minute walk to Anchor Park

About This Home

As of June 2021

Beachside living at Lanikai! Rarely available Free Standing Villa in one of Delray's most sought after communities just steps to the ocean. Unit features include brand new A/C system, kitchen updates with stainless appliances and granite counters, tile flooring throughout and a vaulted wood beam ceiling in living area. In addition a private patio, ideal for outdoor dining and entertaining while enjoying the sea breeze. Complex offers secure garage parking, heated pool and community kitchen & dining area overlooking the lush tropical grounds. Ideal location, Pet Friendly and a short stroll to Atlantic Ave.

Last Agent to Sell the Property

Patricia Burke

One Sotheby's International Realty License #676864 Listed on: 04/02/2021

One Sotheby's International Realty

Co-Listed By

Carol Corey

One Sotheby's International Realty License #3216159

Last Buyer's Agent

Patricia Burke

One Sotheby's International Realty License #676864 Listed on: 04/02/2021

One Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,092

Year Built

  • Built in 1961

Lot Details

  • 1.69

HOA Fees

  • $1,250 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Guest Parking
  • Assigned Parking

Property Views

  • Garden
  • Pool

Home Design

  • Villa
  • Concrete Roof

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Furnished or left unfurnished upon request
  • Vaulted Ceiling
  • Blinds
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Atlantic Technical High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Patio
  • Property is zoned RM

Listing and Financial Details

  • Assessor Parcel Number 12434616b50002205

Community Details

Overview

  • Association fees include insurance, ground maintenance, maintenance structure, pool(s), reserve fund, roof, sewer, trash, water
  • Lanikai Villas Condo Subdivision

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,092

Year Built

Built in 1961

Lot Details

0

HOA Fees

$1,250 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Villa
  • Property Sub Type Additional: Villa
  • Directions: Located S of Atlantic Ave. Entrance and parking on Gleason St.
  • Year Built: 1961
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Living/Dining Room, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Negotiable
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1100.0
  • Dining Room Type: Laundry
  • Stories: 1
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Patio
  • View: Garden, Pool
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Garage, Guest, Garage Door Opener

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air, Electric
  • 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

  • Association Fee: 1250.0
  • Community Features: Non-Gated, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Laundry, Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Pool(s), Reserve Fund, Roof, Sewer, Trash, Water

Schools

  • High School: Atlantic Technical

Lot Info

  • Parcel #: 12434616b50002205
  • Zoning Description: RM

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 11092.0

Multi Family

  • Number Of Units In Community: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2021
Closed on
Jun 9, 2021
Sold by
Finocan Timothy C and Vassi Shelly Ann
Bought by
Mcbride Timothy and Mcbride Anita
Seller's Agent
Patricia Burke
One Sotheby's International Realty
Buyer's Agent
Patricia Burke
One Sotheby's International Realty
List Price
$825,000
Sold Price
$800,000
Premium/Discount to List
-$25,000
-3.03%
Current Estimated Value
$979,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,554
Avg. Annual Appreciation
4.57%
Original Mortgage
$600,000
Outstanding Balance
$536,016
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$443,538

Purchase Details

Closed on
May 14, 2019
Sold by
Finocan Timothy C
Bought by
Finocan Timothy C and Vassi Shelly Ann
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Mcbride Timothy $800,000 Independence Ttl Ins Agcy In
Finocan Timothy C -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcbride Timothy $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2021 06/09/21 Sold $800,000 -3.0% $727 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
04/02/2021 04/02/21 For Sale $825,000 0.0% $750 / Sq Ft
01/04/2021 01/04/21 Rented $6,500 0.0% --
12/05/2020 12/05/20 Under Contract -- -- --
08/03/2020 08/03/20 For Rent $6,500 +8.3% --
12/15/2019 12/15/19 Rented $6,000 -7.7% --
11/15/2019 11/15/19 Under Contract -- -- --
07/26/2019 07/26/19 For Rent $6,500 +18.2% --
01/01/2019 01/01/19 Rented $5,500 -8.3% --
12/02/2018 12/02/18 Under Contract -- -- --
06/12/2018 06/12/18 For Rent $6,000 0.0% --
12/06/2017 12/06/17 For Rent $6,000 +9.1% --
12/06/2017 12/06/17 Rented $5,500 -- --
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
2025 $15,245 $830,000 -- --
2024 $15,245 $825,000 -- --
2023 $15,576 $799,755 $0 $0
2022 $14,372 $727,050 $0 $0
2021 $11,002 $535,000 $0 $535,000
2020 $11,092 $535,000 $0 $535,000
2019 $10,913 $535,000 $0 $535,000
2018 $10,042 $535,000 $0 $535,000
2017 $9,247 $474,000 $0 $0
2016 $8,342 $385,000 $0 $0
2015 $8,625 $385,000 $0 $0
2014 $8,630 $376,310 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10704783

BeachesMLS

APN: 12-43-46-16-B5-000-2205