$220,000
SOLD MAY 19, 2017
-- Bed
-- Bath
1,055 Sq Ft
8,234 Sq Ft Lot

Recently Sold

$209 Per Sq Ft

10% Below List Price

42 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Garden View

About This Home

As of May 2022

Great property located 4 short blocks to Atlantic Ave. This is a great investment in the HOT SOFA area!!! Property consists of two (2) 2 bedroom 2 bath units. Buy now and sit back and watch all the developing going on all around you. This property will not last at this price!!! Call today and own tomorrow. 24 hr. minimum notice to view. DO NOT walk around property.

Last Agent to Sell the Property

Cole Leavitt

CPRE Organization Inc License #3238799 Listed on: 03/07/2017

Last Buyer's Agent

Cole Leavitt

CPRE Organization Inc License #3238799 Listed on: 03/07/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,134

Year Built

  • Built in 1945

Lot Details

  • 8,234 Sq Ft Lot

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,055 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Garden Views

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Listing and Financial Details

  • Total Actual Rent $33,600
  • Assessor Parcel Number 12434616b80720220

Community Details

Overview

  • 2 Units
  • Delray Beach Subdivision

Building Details

  • Operating Expense $3,000
  • Net Operating Income $30,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,134

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Atlantic Ave East to Swinton. Head South on Swinton to 3rd. Make left on 3rd heading East and make 1st right onto 1st. Property is 2nd to last on right hand side.
  • Year Built: 1945
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood
  • Living Area: 1055.0

Exterior Features

  • View: Garden
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 12434616b80720220
  • Lot Size Sq Ft: 8234.0
  • Zoning Description: R-1-A(
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Property Net Operating Income: 30600.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 3000.0
  • Total Actual Rent: 33600.0

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 1134.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2022
Closed on
May 18, 2022
Sold by
Offer Arizona Llc
Bought by
Pelican Investment Group Llc
Seller's Agent
Rich Vidot
Realty ONE Group Innovation
Buyer's Agent
Curtis Brown
Hampton Real Estate Group
List Price
$629,350
Sold Price
$599,000
Premium/Discount to List
-$30,350
-4.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.54%

Purchase Details

Listed on
Mar 7, 2017
Closed on
May 19, 2017
Sold by
Maas Maureen and The Maureen Mass Revocable Tru
Bought by
Kim Jennifer
Seller's Agent
Cole Leavitt
CPRE Organization Inc
Buyer's Agent
Cole Leavitt
CPRE Organization Inc
List Price
$245,000
Sold Price
$220,000
Premium/Discount to List
-$25,000
-10.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.13%

Purchase Details

Closed on
Dec 14, 2006
Sold by
Maas Maureen H
Bought by
Maas Maureen
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 Type Sale Price Title Company
Warranty Deed $599,000 Delray Beach Title
Warranty Deed $220,000 Capital Abstract & Title
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2024 12/06/24 For Sale $850,000 +41.9% --
05/20/2022 05/20/22 Sold $599,000 -4.8% $425 / Sq Ft
04/20/2022 04/20/22 Pending -- -- --
04/14/2022 04/14/22 For Sale $629,350 +186.1% $447 / Sq Ft
05/19/2017 05/19/17 Sold $220,000 -10.2% $209 / Sq Ft
04/19/2017 04/19/17 Pending -- -- --
03/07/2017 03/07/17 For Sale $245,000 -- $232 / 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 $8,463 $436,780 -- --
2023 $9,496 $477,116 $238,950 $238,166
2022 $4,870 $200,993 $0 $0
2021 $4,136 $182,721 $82,600 $100,121
2020 $3,875 $168,509 $77,000 $91,509
2019 $3,648 $157,848 $70,000 $87,848
2018 $3,269 $139,588 $69,460 $70,128
2017 $2,813 $124,127 $63,146 $60,981
2016 $2,670 $99,936 $0 $0
2015 $2,591 $90,851 $0 $0
2014 $2,309 $82,592 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10314586

BeachesMLS

APN: 12-43-46-16-B8-072-0220