NOT LISTED FOR SALE

45 SE 7th Ave Delray Beach, FL 33483

Downtown Delray Beach Neighborhood

Estimated Value: $2,150,000 - $4,164,000

8 Beds
4 Baths
6,240 Sq Ft
$461/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $3,500,000 $561 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $18,744/month

34 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Impact Glass
  • Garden View
  • Porch
  • 4-minute walk to Veterans Park

About This Home

As of October 2021

DELRAY BEACH-ATLANTIC AVE, 8-2 BEDROOM UNITS. BEST LOCATION, WALK TO EVERYTHING, RESTAURANTS, SHOPPING, NEW MOVIE THEATRE, BOATING, BEACHES AND MORE. GREAT RENTAL HISTORY WITH LOW COST OPERATION. FIVE STAR LOCATION, RARELY AVAILABLE. EXCELLENT INVESTMENT. PROPERTY SHOWS OWNERS PRIDE OF OWNERSHIP. PLEASE DO NOT ENTER PROPERTY OR TALK WITH TENANTS WITHOUT PERMISSION. ALL INFORMATION APPROXIMATE AND NOT GUARANTEED

Last Agent to Sell the Property

Paul Henderson

Illustrated Properties LLC (Co License #3211715 Listed on: 08/18/2021

Illustrated Properties LLC (Co

Last Buyer's Agent

David Revere

London Foster Realty License #3492867

London Foster Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,682

Year Built

  • Built in 1965

Lot Details

  • 9,990 Sq Ft Lot
  • Fenced

Home Design

  • Metal Roof

Interior Spaces

  • 6,240 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Garden Views
  • Impact Glass

Flooring

  • Wood
  • Tile

Outdoor Features

  • Balcony
  • Open Patio
  • Outdoor Grill
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 2 Units
  • Palm Square Unrec Lts 18, Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434616340000180/12434616340000200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,682

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: East on Atlantic Ave to SE 7th Ave south 1/2 block on the east side of street.
  • Year Built: 1965
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Tile, Wood
  • Living Area: 6240.0
  • Window Features: Blinds, Impact Glass

Exterior Features

  • Exterior Features: Balcony, Fence, Outdoor Grill, Porch
  • View: Garden
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Porch
  • Property Condition: Resale
  • Roof: Metal

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • 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

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 12434616340000180/12434616340000200
  • Lot Size Sq Ft: 9990.0
  • Zoning Description: RM(cit
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 28682.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Oct 21, 2021
Sold by
Pbp 7Th Ave Llc
Bought by
2050 Bentley Llc
Seller's Agent
Paul Henderson
Illustrated Properties LLC (Co
Buyer's Agent
David Revere
London Foster Realty
List Price
$3,685,000
Sold Price
$3,500,000
Premium/Discount to List
-$185,000
-5.02%
Total Days on Market
34
Current Estimated Value
$2,875,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$624,372
Avg. Annual Appreciation
-5.28%
Original Mortgage
$1,312,500
Outstanding Balance
$1,245,134
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,630,494

Purchase Details

Listed on
Aug 18, 2021
Closed on
Oct 20, 2021
Sold by
Pbp 7Th Ave Llc
Bought by
Henderson Paul
Seller's Agent
Paul Henderson
Illustrated Properties LLC (Co
Buyer's Agent
David Revere
London Foster Realty
List Price
$3,685,000
Sold Price
$3,500,000
Premium/Discount to List
-$185,000
-5.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,312,500
Outstanding Balance
$1,245,134
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,630,494

Purchase Details

Closed on
Jul 10, 2008
Sold by
Delray Avenue Properties Llc
Bought by
Equitty At Delray Llc

Purchase Details

Closed on
Aug 28, 2007
Sold by
Lynch Thomas E
Bought by
Delray Avenue Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
6.65%
Mortgage Type
Balloon

Purchase Details

Closed on
May 7, 2001
Sold by
Lynch Thomas E and Lynch Anne S
Bought by
Lynch Thomas E
Source: Public Records

Range of Values:

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Average Value
Not Available
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
2050 Bentley Llc $1,750,000 None Available
Henderson Paul $178,275 None Available
Equitty At Delray Llc $1,250,000 Attorney
Delray Avenue Properties Llc $1,200,000 Attorney
Lynch Thomas E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2050 Bentley Llc $1,312,500
Previous Owner Pbp 7Th Ave Llc $1,300,000
Previous Owner Delray Avenue Properties Llc $300,000
Previous Owner Delray Avenue Properties Llc $1,250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2021 10/22/21 Sold $3,500,000 -5.0% $561 / Sq Ft
09/22/2021 09/22/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $3,685,000 -- $591 / 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 $31,219 $1,580,366 -- --
2023 $30,944 $1,436,696 $924,416 $1,021,014
2022 $25,925 $1,306,087 $0 $0
2021 $16,545 $887,301 $313,200 $574,101
2020 $14,341 $681,366 $378,000 $303,366
2019 $13,771 $645,568 $342,000 $303,568
2018 $12,710 $614,864 $364,235 $250,629
2017 $11,753 $548,308 $316,726 $231,582
2016 $11,584 $525,018 $0 $0
2015 $10,308 $416,120 $0 $0
2014 $9,757 $378,291 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    Paul Henderson

    Illustrated Properties LLC (Co

    (586) 491-3777

    1 in this area

    2 Total Sales

    Paul Henderson
    Section Image

  • D

    Buyer's Agent in 2021

    David Revere

    London Foster Realty

    (561) 590-1612

    1 in this area

    3 Total Sales

    David Revere
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10739251

BeachesMLS

APN: 12-43-46-16-34-000-0180

Florida Palm Beach County Delray Beach 33483 Downtown Delray Beach

45 SE 7th Ave, Delray Beach, FL

This home is located at 45 SE 7th Ave, Delray Beach, FL 33483 since 18 August 2021 and is currently estimated at $2,875,628, approximately $460 per square foot. This property was built in 1965. 45 SE 7th Ave is a home located in Palm Beach County with nearby schools including Pine Grove Elementary School, Carver 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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