50 Palm Square Delray Beach, FL 33483
Downtown Delray Beach NeighborhoodEstimated Value: $2,338,000 - $3,198,950
4
Beds
3
Baths
2,152
Sq Ft
$1,277/Sq Ft
Est. Value
Highlights
- Heated Pool
- Wood Flooring
- Sun or Florida Room
- Vaulted Ceiling
- Garden View
- 3-minute walk to Veterans Park
About This Home
As of February 2020In the lovely Marina Historic District Neighborhood, this quiet and spacious setting is just a half block from the famous and eclectic Atlantic Avenue in theCity's vibrant ''Central Core'' downtown district, with the pristine beach also just a 5-minute bike-ride away. This property has an Old Florida charm and takes on a fresh new personality in this rare gem, originally built in 1929, sit's on a double lotand was recently restored in keeping with its special character, nestled in an exotic and alluring garden paradise laden with palm trees, foliage and greenerymaking the backyard a leafy oasis. Less than a block off Atlantic Avenue makes for easy walking to everything downtown, and a short walk to the beach or marina.
Last Agent to Sell the Property
William Raveis Real Estate License #3311433 Listed on: 10/07/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $20,898
Year Built
- Built in 1929
Lot Details
- Fenced
- Property is zoned RM
Property Views
- Garden
- Pool
Home Design
- Frame Construction
- Shingle Roof
- Composition Roof
Interior Spaces
- 2,152 Sq Ft Home
- 2-Story Property
- Furnished or left unfurnished upon request
- Vaulted Ceiling
- Family Room
- Sun or Florida Room
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- Heated Pool
Schools
- Atlantic Technical High School
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Assessor Parcel Number 12434616340000340
Community Details
Overview
- Palm Square Subdivision
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 7, 2019
Closed on
Feb 13, 2020
Sold by
Mccall Edward F and Mccall Cheryl A
Bought by
Shortlidge Seth Lynn
Seller's Agent
Barry Frette
William Raveis Real Estate
Buyer's Agent
Barry Frette
William Raveis Real Estate
List Price
$1,890,000
Sold Price
$1,650,000
Premium/Discount to List
-$240,000
-12.7%
Total Days on Market
98
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
$1,097,983
Avg. Annual Appreciation
10.08%
Original Mortgage
$1,485,000
Outstanding Balance
$1,331,555
Interest Rate
3.72%
Mortgage Type
Seller Take Back
Estimated Equity
$1,416,428
Purchase Details
Closed on
Apr 12, 2016
Sold by
Raab Joan D
Bought by
Mccall Edward F and Mccall Cheryl A
Purchase Details
Closed on
Sep 2, 2005
Sold by
Raab Joan D and Raab Richard L
Bought by
Raab Richard L and Raab Joan D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.38%
Mortgage Type
FHA
Similar Homes in Delray Beach, FL
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 |
|---|---|---|---|
| Shortlidge Seth Lynn | $1,650,000 | Attorney | |
| Mccall Edward F | $1,100,000 | Attorney | |
| Raab Richard L | -- | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shortlidge Seth Lynn | $1,485,000 | |
| Previous Owner | Raab Richard L | $938,250 | |
| Previous Owner | Raab Richard L | $420,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/13/2020 02/13/20 | Sold | $1,650,000 | -12.7% | $767 / Sq Ft |
| 01/14/2020 01/14/20 | Pending | -- | -- | -- |
| 10/07/2019 10/07/19 | For Sale | $1,890,000 | 0.0% | $878 / Sq Ft |
| 11/03/2017 11/03/17 | Rented | $14,000 | +47.4% | -- |
| 10/04/2017 10/04/17 | Under Contract | -- | -- | -- |
| 11/08/2016 11/08/16 | For Rent | $9,500 | -- | -- |
Source: BeachesMLS
Tax History Compared to Growth
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 | $24,134 | $1,350,932 | -- | -- |
| 2023 | $24,312 | $1,311,584 | $0 | $0 |
| 2022 | $24,234 | $1,273,383 | $0 | $0 |
| 2021 | $24,344 | $1,236,294 | $0 | $0 |
| 2020 | $22,722 | $1,104,748 | $735,000 | $369,748 |
| 2019 | $21,538 | $1,034,748 | $665,000 | $369,748 |
| 2018 | $20,897 | $1,025,517 | $728,470 | $297,047 |
| 2017 | $19,433 | $933,785 | $633,452 | $300,333 |
| 2016 | $6,125 | $301,503 | $0 | $0 |
| 2015 | $5,960 | $288,322 | $0 | $0 |
| 2014 | $5,800 | $276,074 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Barry Frette
Seller's Agent in 2020
Barry Frette
William Raveis Real Estate
(561) 880-5587
4 in this area
46 Total Sales
-
Andrew Davis
A
Seller's Agent in 2017
Andrew Davis
Century 21 Tenace Realty
(561) 665-0780
-
Jerilyn Walter
Seller Co-Listing Agent in 2017
Jerilyn Walter
Posh Properties
(561) 537-0050
38 in this area
101 Total Sales
-
Kari Garber
Buyer's Agent in 2017
Kari Garber
Talon Point Capital LLC
(561) 635-8787
3 Total Sales
Map
Source: BeachesMLS
MLS Number: R10567521
APN: 12-43-46-16-34-000-0340
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