NOT LISTED FOR SALE

3883 Bermuda Ln Unit 7 Delray Beach, FL 33483

Gulfstream Neighborhood

Estimated Value: $927,000 - $1,100,000

2 Beds
2 Baths
1,260 Sq Ft
$1,012/mo HOA Fee

Last Sold December 01, 2017

Last sale price $600,000 $476 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $7,326/month

159 Days on Market

Highlights

  • Sun or Florida Room
  • Impact Glass
  • Tile Flooring
  • Community Pool
  • Walk-In Closet
  • Central Heating and Cooling System

About This Home

As of December 2017

Bermuda Club of Gulf Stream is a small complex with only 8 units. This 2 bedroom, 2 bath apartment has been remodeled and is being sold partially furnished with very attractive, beachy furniture. The view is of the oversized pool and large lush grounds. The building has just been painted and offers impact windows and doors and there is a one bedroom, one bath guesthouse that is available to the residents at a nominal cost. The beach access only a block away and the location is ideal being 2 miles from Delray's main street and easy access to I95.

Last Agent to Sell the Property

Barbara Whittaker

The Corcoran Group License #188049 Listed on: 05/25/2017

The Corcoran Group

Last Buyer's Agent

Suzanne Kraft

Douglas Elliman License #3084079

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,244

Year Built

  • Built in 1973

Lot Details

  • East Facing Home

HOA Fees

  • $1,012 Monthly HOA Fees

Home Design

  • Concrete Roof

Interior Spaces

  • 1,260 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Dining Room
  • Sun or Florida Room
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 20434603100000070

Community Details

Overview

  • Association fees include insurance, ground maintenance, pool(s), trash, water
  • Bermuda Club Of Gulfstrea Subdivision

Recreation

  • Community Pool

Security

  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,244

Year Built

Built in 1973

Lot Details

0

HOA Fees

$1,012 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: A1A to Sea Road, West on Sea Road, South on Bermuda Lane.
  • Year Built: 1973
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Split Bedrooms, Walk-In Closet(s)
  • Furnished: Partially
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1260.0
  • Dining Room Type: Dining Room, Florida Room
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Pool Features: None, Community
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: East
  • Roof: Concrete

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1012.0
  • Community Features: Pool
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Pool(s), Trash, Water

Lot Info

  • Parcel #: 20434603100000070
  • Zoning Description: Res

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 6244.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2017
Closed on
Dec 1, 2017
Sold by
Alexander Rankin R and Alexander Rankin R
Bought by
Foulk David C and David C Foulk Trust
Seller's Agent
Barbara Whittaker
The Corcoran Group
Buyer's Agent
Suzanne Kraft
Douglas Elliman
List Price
$675,000
Sold Price
$600,000
Premium/Discount to List
-$75,000
-11.11%
Current Estimated Value
$1,007,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,451
Avg. Annual Appreciation
7.61%
Original Mortgage
$480,000
Outstanding Balance
$404,338
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$659,276

Purchase Details

Closed on
Dec 11, 2012
Sold by
Rankin Sarah T
Bought by
Rankin R Alexander and Sarah T Rankin Family Trust

Purchase Details

Closed on
Dec 1, 2012
Sold by
Rankin R Alex and Rankin Sarah T
Bought by
Rankin Sarah T

Purchase Details

Closed on
Jun 16, 2008
Sold by
Raymond Craig and Raymond Raili
Bought by
Rankin R Alex and Rankin Sarah T

Purchase Details

Closed on
Mar 18, 2003
Sold by
Bennett Peter S
Bought by
Raymond Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 1999
Sold by
Bambino Rita M
Bought by
Bennett Peter S and Bennett Ann M

Purchase Details

Closed on
Feb 3, 1998
Sold by
Henrietta G Kassell Tr
Bought by
Bambino Rita M

Purchase Details

Closed on
Mar 10, 1997
Sold by
Kassell Henrietta G
Bought by
Kassell Henrietta G
Source: Public Records

Range of Values:

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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
Foulk David C $600,000 Meridian Intl Title Services
Rankin R Alexander -- Attorney
Rankin Sarah T -- Attorney
Rankin R Alex $550,000 Southeastern Alliance Title
Raymond Craig $275,000 Atlantic Title Inc
Bennett Peter S $100 --
Bambino Rita M $75,000 --
Kassell Henrietta G $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foulk David C $480,000
Closed Foulk David C $480,000
Previous Owner Raymond Craig $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2017 12/01/17 Sold $600,000 -11.1% $476 / Sq Ft
11/01/2017 11/01/17 Pending -- -- --
05/25/2017 05/25/17 For Sale $675,000 -- $536 / 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 $11,921 $670,538 -- --
2023 $11,452 $609,580 $0 $0
2022 $9,443 $554,164 $0 $0
2021 $8,661 $503,785 $0 $503,785
2020 $8,530 $488,785 $0 $488,785
2019 $8,648 $486,600 $0 $486,600
2018 $8,129 $466,600 $0 $466,600
2017 $6,668 $391,600 $0 $0
2016 $6,244 $322,586 $0 $0
2015 $5,927 $293,260 $0 $0
2014 $5,069 $266,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Barbara Whittaker

    The Corcoran Group

    7 in this area

    10 Total Sales

    Barbara Whittaker
    Section Image

  • S

    Buyer's Agent in 2017

    Suzanne Kraft

    Douglas Elliman

    (561) 900-1709

    5 in this area

    10 Total Sales

    Suzanne Kraft
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10337326

BeachesMLS

APN: 20-43-46-03-10-000-0070

Florida Palm Beach County Delray Beach 33483 Gulfstream

3883 Bermuda Ln Unit 7, Delray Beach, FL

This home is located at 3883 Bermuda Ln Unit 7, Delray Beach, FL 33483 since 25 May 2017 and is currently estimated at $1,007,451, approximately $799 per square foot. This property was built in 1973. 3883 Bermuda Ln Unit 7 is a home located in Palm Beach County with nearby schools including Forest Park Elementary School, Congress Community Middle School, and Atlantic High School.

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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