$2,850,000
SOLD SEP 17, 2015

4001 N Ocean Blvd Unit 103 Delray Beach, FL 33483

Gulfstream Neighborhood
3 Beds
3.5 Baths
2,633 Sq Ft
$2,072/mo HOA Fee

Recently Sold

$1,082 Per Sq Ft

5% Below List Price

130 Days on Market

Highlights

  • Doorman
  • Marble Flooring
  • Bar
  • Ocean Front
  • Great Room
  • Entrance Foyer

About This Home

As of September 2015

Exceptional oceanfront living, 4001 North Ocean is a private newly built enclave of only 34 intimately scaled residences in the exclusive town of Gulf Stream. Designed with a classic modern flair by noted architect Randall Stofft and situated on 300 feet of direct oceanfront, this first floor residence lives like a single family home yet offers a lifestyle of carefree luxury. One of only six residences lying nearest the ocean with direct access, this residence features expansive views of the ocean, extreme privacy, and large outdoor patios. With a light bright atmosphere, this three en suite residence features an open floor plan with combined living/dining punctuated with floor to ceiling windows, beautiful hardwood floors, an open clean white chef's kitchen complete with marble

Last Agent to Sell the Property

Candace Friis

The Corcoran Group License #582187 Listed on: 04/09/2015

The Corcoran Group

Last Buyer's Agent

Kathleen Park

Engel & Voelkers Delray Beach License #3140195

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $31,788

Year Built

  • Built in 2013

Lot Details

  • Ocean Front
  • West Facing Home

HOA Fees

  • $2,072 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit
  • Assigned Parking

Interior Spaces

  • 2,633 Sq Ft Home
  • Bar
  • Entrance Foyer
  • Great Room

Kitchen

  • Built-In Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Dryer
  • Laundry Tub

Home Security

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 20434534490013010

Community Details

Overview

  • 4001 North Ocean Condo Subdivision
  • 6-Story Property

Additional Features

  • Doorman
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$31,788

Year Built

Built in 2013

Lot Details

0

HOA Fees

$2,072 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: South of Woolbright on A1A to Property on left
  • Year Built: 2013
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Entrance Foyer, Kitchen Island, Split Bedrooms, Bar
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Water Heater, Gas Range, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Marble
  • Living Area: 2633.0
  • Dining Room Type: Great Room, Storage Room
  • Stories: 6

Exterior Features

  • Pool Features: None
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: West

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Two or More Spaces

Utilities

  • Laundry Features: Laundry Tub
  • Security: Door Man, Smoke Detector(s)
  • Green Building Features: Exterior Lighting
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association Fee: 2072.0
  • Community Features: Fitness
  • Senior Community: No
  • Amenities: Trash
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional

Lot Info

  • Parcel #: 20434534490013010
  • Zoning Description: Condo

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 31788.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2015
Closed on
Sep 17, 2015
Sold by
Zessin Susan B and John G Zessin 2012 Gifting Tru
Bought by
Klein David
Seller's Agent
Candace Friis
The Corcoran Group
Buyer's Agent
Kathleen Park
Engel & Voelkers Delray Beach
List Price
$2,995,000
Sold Price
$2,850,000
Premium/Discount to List
-$145,000
-4.84%
Current Estimated Value
$6,354,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,504,619
Avg. Annual Appreciation
9.05%
Original Mortgage
$2,280,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2013
Sold by
Ok Seahorse Lllp
Bought by
Gollinger Jon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,505,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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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 $2,850,000 First American Title Ins Co
Special Warranty Deed $2,150,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,790,000 New Conventional
Closed $1,750,000 New Conventional
Previous Owner $2,280,000 New Conventional
Previous Owner $1,505,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2015 09/17/15 Sold $2,850,000 -4.8% $1,082 / Sq Ft
08/18/2015 08/18/15 Pending -- -- --
04/09/2015 04/09/15 For Sale $2,995,000 +64.1% $1,137 / Sq Ft
05/04/2014 05/04/14 Sold $1,825,000 -16.1% $656 / Sq Ft
04/04/2014 04/04/14 Pending -- -- --
12/03/2011 12/03/11 For Sale $2,175,000 -- $782 / 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 $70,141 $3,726,800 -- --
2023 $55,253 $3,388,000 $0 $0
2022 $52,053 $3,080,000 $0 $0
2021 $48,579 $2,800,000 $0 $2,800,000
2020 $45,843 $2,600,000 $0 $2,600,000
2019 $46,660 $2,600,000 $0 $2,600,000
2018 $44,869 $2,550,000 $0 $2,550,000
2017 $42,394 $2,325,000 $0 $0
2016 $44,539 $2,365,000 $0 $0
2015 $36,144 $1,800,000 $0 $0
2014 $31,788 $1,700,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10126478

BeachesMLS

APN: 20-43-45-34-49-001-3010