NOT LISTED FOR SALE

498 Burgundy K Delray Beach, FL 33484

Kings Point Neighborhood

Estimated Value: $100,000 - $133,000

2 Beds
2 Baths
885 Sq Ft
$345/mo HOA Fee

Last Sold November 30, 2017

Last sale price $73,000 $82 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,104/month

14 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Canal View
  • Spanish River Community High School Rated A+
  • Canal Access
  • Clubhouse

About This Home

As of November 2017

Great location. One of best areas and buildings of Kings Point 55+ community. Ground floor condo with garden view. Walking distance to local pool. Quiet neighborhood. Excellent chance for investors. A property is leased annually with $1,100 per month. A tenant is occupied until March 15,2018. But a lease could be prolonged.

Last Agent to Sell the Property

Lola Khatamova

Signature International RE License #3341768 Listed on: 10/16/2017

Last Buyer's Agent

Lola Khatamova

Signature International RE License #3341768 Listed on: 10/16/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $837

Year Built

  • Built in 1979

Lot Details

  • Sprinkler System

HOA Fees

  • $345 Monthly HOA Fees

Property Views

  • Canal
  • Garden
  • Pool

Interior Spaces

  • 885 Sq Ft Home
  • 2-Story Property
  • Custom Mirrors
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Skylights
  • Blinds
  • Tile Flooring
  • Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Canal Access
  • Patio
  • Separate Outdoor Workshop

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00424623050114980

Community Details

Overview

  • Kings Point, Burgundy K. Subdivision

Amenities

  • Sauna
  • Clubhouse
  • Billiard Room

Recreation

  • Golf Course Community
  • Fitness Center
  • Community Pool
  • Community Spa
  • Park

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$837

Year Built

Built in 1979

Lot Details

0

HOA Fees

$345 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Linton Blvd, next to Sims Rd.
  • Year Built: 1979
  • Year Built Details: Resale
  • Special Features: RealEstateOwned

Interior Features

  • Interior Amenities: Built-in Features, Closet Cabinetry, Custom Mirrors, Skylights, Walk-In Closet(s)
  • Furnished: Furnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 885.0
  • Stories: 2
  • Window Features: Blinds, Skylight(s)

Exterior Features

  • Exterior Features: Patio
  • View: Canal, Garden, Pool
  • Lot Features: Sprinklers Automatic
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Other Structures: Workshop
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available, Water Available

Condo/Co-op/Association

  • Association Fee: 345.0
  • Community Features: Clubhouse, Golf, Golf Course Community, Park, Pool, Sauna, Sidewalks
  • Senior Community: No
  • Amenities: Billiard Room, Clubhouse, Fitness Center, Golf Course, Pool, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 00424623050114980
  • Zoning Description: Res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 837.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2017
Closed on
Nov 30, 2017
Sold by
Khatamova Lola
Bought by
Friedman Michael
Seller's Agent
Lola Khatamova
Signature International RE
Buyer's Agent
Lola Khatamova
Signature International RE
List Price
$74,900
Sold Price
$73,000
Premium/Discount to List
-$1,900
-2.54%
Current Estimated Value
$114,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,933
Avg. Annual Appreciation
5.91%

Purchase Details

Closed on
Oct 24, 2014
Sold by
Fannie Mae
Bought by
Kathamova Lola

Purchase Details

Closed on
Apr 30, 2014
Sold by
Ritter Pearl and Dibernardo Barbara F
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 3, 2005
Sold by
Greenberg Sheryl
Bought by
Ritter Pearl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,600
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 2004
Sold by
Kohl Nova Barbara and Estate Of Sheldon Kohl
Bought by
Greenberg Sheryl
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
Friedman Michael $73,000 Delray Title & Abstract Co
Kathamova Lola $41,900 Stewart
Federal National Mortgage Association -- None Available
Ritter Pearl $117,000 Promulgated + Title Corp
Greenberg Sheryl $79,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ritter Pearl $77,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2017 11/30/17 Sold $73,000 -2.5% $82 / Sq Ft
10/31/2017 10/31/17 Pending -- -- --
10/16/2017 10/16/17 For Sale $74,900 0.0% $85 / Sq Ft
02/27/2017 02/27/17 Rented $1,100 0.0% --
01/28/2017 01/28/17 Under Contract -- -- --
09/16/2016 09/16/16 For Rent $1,100 -- --
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 $1,897 $89,796 -- --
2023 $1,825 $81,633 $0 $118,363
2022 $1,672 $74,212 $0 $0
2021 $1,443 $73,367 $0 $73,367
2020 $1,309 $62,367 $0 $62,367
2019 $1,219 $55,756 $0 $55,756
2018 $1,206 $55,756 $0 $55,756
2017 $696 $53,756 $0 $0
2016 $995 $40,432 $0 $0
2015 $911 $36,756 $0 $0
2014 $668 $20,275 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Lola Khatamova

    Signature International RE

  • Marni Zuckerman

    Buyer's Agent in 2017

    Marni Zuckerman

    Signature International RE

    (561) 613-9335

    3 in this area

    36 Total Sales

    Marni Zuckerman
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Map

Source: BeachesMLS

MLS Number: R10373717

BeachesMLS

APN: 00-42-46-23-05-011-4980

Florida Palm Beach County Delray Beach 33484 Kings Point

498 Burgundy K, Delray Beach, FL

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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