NOT LISTED FOR SALE

505 Cortez Ln Delray Beach, FL 33445

High Point Neighborhood

Estimated Value: $400,000 - $521,000

4 Beds
2 Baths
1,690 Sq Ft
$274/Sq Ft Est. Value

Last Sold January 25, 2012

Last sale price $61,000 $36 Per Sq Ft

Est. 660% increase in value since last sale

Current estimated payment $2,953/month

Highlights

  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Fenced

About This Home

As of June 2023

Large 4 bed 2 bath plus den.large yard and wonderful location.

Last Agent to Rent the Property

Eli Zamir

One Florida Realty LLC License #3227392 Listed on: 05/17/2023

Last Renter's Agent

Eli Zamir

One Florida Realty LLC License #3227392 Listed on: 05/17/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,940

Year Built

  • Built in 1957

Lot Details

  • Fenced

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,690 Sq Ft Home
  • Ceramic Tile Flooring
  • Dishwasher
  • Dryer

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Delray Shores Subdivision

Listing and Financial Details

  • Property Available on 5/17/23
  • Assessor Parcel Number 12434607010040200

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,940

Year Built

Built in 1957

Lot Details

0

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water
  • Available Date: 2023-05-17

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Lake Ida Rd to 505 Cortez
  • Year Built: 1957
  • Entry Level: 1
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Split Bedrooms
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Ceramic Tile
  • Living Area: 1690.0

Exterior Features

  • Exterior Features: Fence
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Non-Gated, Sidewalks
  • Senior Community: No

Lot Info

  • Parcel #: 12434607010040200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2015
Sold by
Limited Equity 1965 Llc
Bought by
Ring Holdings Llc
Current Estimated Value
$463,675

Purchase Details

Closed on
Jan 2, 2013
Sold by
Dhs Investments Llc
Bought by
505 Cortez Ln Llc

Purchase Details

Listed on
Oct 18, 2011
Closed on
Jan 25, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Dhs Investments Llc
Seller's Agent
Richard Frost
Frost & Associates Inc
Buyer's Agent
James Torrance
KW Reserve Luxury, LLC
List Price
$69,900
Sold Price
$61,000
Premium/Discount to List
-$8,900
-12.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.91%

Purchase Details

Closed on
May 12, 2011
Sold by
Onewest Bank Fsb
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Aug 13, 2007
Sold by
Nazaire Wilfrid
Bought by
Humbert Raoul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 2006
Sold by
Illiat Simon P
Bought by
Nazaire Wilfrid

Purchase Details

Closed on
Apr 6, 2005
Sold by
Ginocchio Frank F and Ginocchio Joyce A
Bought by
Illait Simon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,000
Interest Rate
5.79%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 19, 1998
Sold by
Polacek Ronald and Polacek Suzanne
Bought by
Ginocchio Frank F and Neff Joyce A
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
Ring Holdings Llc $175,000 Title Guaranty South Fl Inc
Limited Equity 1965 Llc $155,000 Title Guaranty South Fl Inc
505 Cortez Ln Llc $135,000 None Available
Dhs Investments Llc $61,000 Consumer Title & Escrow Serv
Federal Home Loan Mortgage Corp -- Attorney
Onewest Bank Fsb -- Attorney
Humbert Raoul $260,000 Flagler Title Company
Nazaire Wilfrid -- None Available
Illait Simon $205,000 Flagler Title Company
Ginocchio Frank F $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Humbert Raoul $247,000
Previous Owner Illait Simon $41,000
Previous Owner Illait Simon $164,000
Closed Ginocchio Frank F $0
Closed Ginocchio Frank F $16,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/03/2023 06/03/23 Rented $2,950 0.0% --
05/28/2023 05/28/23 Price Changed $2,950 -6.3% $2 / Sq Ft
05/25/2023 05/25/23 Price Changed $3,150 -3.1% $2 / Sq Ft
05/17/2023 05/17/23 For Rent $3,250 +85.7% --
01/20/2015 01/20/15 For Rent $1,750 0.0% --
01/20/2015 01/20/15 Rented $1,750 +9.4% --
08/27/2013 08/27/13 For Rent $1,600 0.0% --
08/27/2013 08/27/13 Rented $1,600 0.0% --
01/25/2012 01/25/12 Sold $61,000 -12.7% $53 / Sq Ft View Prior Sale
12/26/2011 12/26/11 Pending -- -- --
10/18/2011 10/18/11 For Sale $69,900 -- $60 / 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 $5,940 $294,111 -- --
2023 $5,834 $267,374 $116,495 $221,680
2022 $5,252 $243,067 $0 $0
2021 $4,732 $220,970 $54,000 $166,970
2020 $4,672 $220,693 $69,000 $151,693
2019 $4,313 $199,800 $59,400 $140,400
2018 $3,891 $185,545 $59,884 $125,661
2017 $3,619 $167,885 $46,064 $121,821
2016 $3,355 $146,180 $0 $0
2015 $2,532 $90,193 $0 $0
2014 $2,127 $81,994 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Landlord's Agent in 2023

    Eli Zamir

    One Florida Realty LLC

    (561) 429-8622

    9 Total Sales

    Eli Zamir
    Section Image
  • Maxime Shasha

    Seller's Agent in 2015

    Maxime Shasha

    Yes Realty Group Inc

    (561) 843-7544

    10 Total Sales

    Maxime Shasha
    Section Image

  • D

    Buyer's Agent in 2015

    Deborah Clark

    London Foster Realty

    (561) 305-6384

    1 Total Sale

    Deborah Clark
    Section Image

  • P

    Buyer's Agent in 2013

    Patricia King

    Posh Properties

    (561) 445-1029

    10 Total Sales

    Patricia King
    Section Image

  • R

    Seller's Agent in 2012

    Richard Frost

    Frost & Associates Inc

  • J

    Buyer's Agent in 2012

    James Torrance

    KW Reserve Luxury, LLC

    (561) 358-9303

    5 Total Sales

    James Torrance
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10890485

BeachesMLS

APN: 12-43-46-07-01-004-0200

Florida Palm Beach County Delray Beach 33445 High Point

505 Cortez Ln, Delray Beach, FL

This home is located at 505 Cortez Ln, Delray Beach, FL 33445 since 17 May 2023 and is currently priced at $463,675. This property was built in 1957. 505 Cortez Ln is a home located in Palm Beach County with nearby schools including Crosspointe 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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