Seller's Agent in 2016
Max Prestianni
Towne & Country Real Estate, LLC
(561) 504-8280
2 Total Sales
342 NW 5th Ave Delray Beach, FL 33444
Downtown Delray Beach NeighborhoodEstimated Value: $479,000 - $913,504
Studio
2
Baths
1,325
Sq Ft
$548/Sq Ft
Est. Value
Highlights
- Built in 1962 | Newly Remodeled
- No HOA
- Patio
- Garden View
- Cooling System Mounted To A Wall/Window
- 3-minute walk to Mike Machek Boy Scout Park
About This Home
As of June 2016Opportunity Knocks, on this Cash-flowing property that is located in the heart of sought after Delray Beach just 3 blocks north of Atlantic Ave. 2 unit DUPLEX/building. All the units are 2 bedroom and 1 bath. The building is currently 100% occupied. There is great upside potential for a new owner to increase rents. Separate Electric and water meters. Freshly painted In/Out. TENANT OCCUPIED. DO NOT DISTURB. DRIVE BY ONLY AND BY APPT ONLY. $1700 A MONTH IN GROSS RENTAL INCOME.
Last Agent to Sell the Property
Towne & Country Real Estate, LLC License #3033361 Listed on: 02/11/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,970
Year Built
- Built in 1962 | Newly Remodeled
Home Design
- Duplex
Interior Spaces
- 2 Bathrooms
- 1,325 Sq Ft Home
- 1-Story Property
- Blinds
- Ceramic Tile Flooring
- Garden Views
Outdoor Features
- Patio
Utilities
- Cooling System Mounted To A Wall/Window
- No Heating
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 12434617040170240
Community Details
Overview
- No Home Owners Association
- 2 Units
- Resub Of Blk 17, Delray B Subdivision
Building Details
- Gross Income $1,700
- Net Operating Income $1
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 11, 2016
Closed on
Jun 3, 2016
Sold by
Harvest Residential Ii Llc
Bought by
Koerner Richard and Koerner Sonya Eyvonne
Seller's Agent
Max Prestianni
Towne & Country Real Estate, LLC
Buyer's Agent
Christopher Gleason
Christopher Cory Gleason PA
List Price
$180,000
Sold Price
$153,000
Premium/Discount to List
-$27,000
-15%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$573,376
Avg. Annual Appreciation
17.52%
Original Mortgage
$114,750
Outstanding Balance
$90,606
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$635,770
Purchase Details
Listed on
Jun 18, 2013
Closed on
Sep 3, 2013
Sold by
Mark Management Group Llc
Bought by
Harvest Residential Ii Llc
Seller's Agent
Mark Seramur
Realize FL
Buyer's Agent
Max Prestianni
Towne & Country Real Estate, LLC
List Price
$99,700
Sold Price
$95,000
Premium/Discount to List
-$4,700
-4.71%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.92%
Purchase Details
Closed on
Jun 28, 2013
Sold by
Butler Bernadette G
Bought by
Mark Management Group Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.79%
Mortgage Type
Balloon
Purchase Details
Closed on
Dec 3, 1997
Sold by
Butler Kenneth A
Bought by
Butler Bernadette G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,250
Interest Rate
7.38%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Koerner Richard | $153,000 | Independence Title Insurance | |
| Harvest Residential Ii Llc | $95,000 | Attorney | |
| Mark Management Group Llc | $67,500 | Attorney | |
| Butler Bernadette G | $15,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Koerner Richard | $114,750 | |
| Previous Owner | Mark Management Group Llc | $60,000 | |
| Previous Owner | Butler Bernadette G | $29,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/03/2016 06/03/16 | Sold | $153,000 | -15.0% | $115 / Sq Ft | |
| 05/04/2016 05/04/16 | Pending | -- | -- | -- | |
| 12/16/2015 12/16/15 | For Sale | $180,000 | +89.5% | $136 / Sq Ft | |
| 09/03/2013 09/03/13 | Sold | $95,000 | -4.7% | $72 / Sq Ft | View Prior Sale |
| 08/22/2013 08/22/13 | Pending | -- | -- | -- | |
| 06/18/2013 06/18/13 | For Sale | $99,700 | -- | $75 / Sq Ft |
Source: BeachesMLS (Greater Fort Lauderdale)
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 | $6,359 | $255,262 | -- | -- |
| 2024 | $6,359 | $232,056 | -- | -- |
| 2023 | $5,997 | $210,960 | $180,000 | $288,327 |
| 2022 | $4,738 | $191,782 | $0 | $0 |
| 2021 | $4,121 | $218,362 | $74,000 | $144,362 |
| 2020 | $4,007 | $227,160 | $70,000 | $157,160 |
| 2019 | $3,660 | $198,394 | $45,600 | $152,794 |
| 2018 | $3,059 | $148,535 | $37,601 | $110,934 |
| 2017 | $2,751 | $119,081 | $32,983 | $86,098 |
| 2016 | $2,103 | $83,959 | $0 | $0 |
| 2015 | $1,969 | $76,326 | $0 | $0 |
| 2014 | $1,881 | $70,947 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Max Prestianni
-
Christopher Gleason
Buyer's Agent in 2016
Christopher Gleason
Christopher Cory Gleason PA
(561) 856-7427
87 Total Sales
-
Mark Seramur
Seller's Agent in 2013
Mark Seramur
Realize FL
(954) 531-2862
5 Total Sales
Map
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: R10192102
APN: 12-43-46-17-04-017-0240
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