NOT LISTED FOR SALE

5085 Magellan Way E Delray Beach, FL 33484

Palm Greens Neighborhood

Estimated Value: $428,000 - $481,000

3 Beds
2 Baths
1,861 Sq Ft
$243/Sq Ft Est. Value

Last Sold June 28, 2017

Last sale price $240,000 $129 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,943/month

10 Days on Market

Highlights

  • Vaulted Ceiling
  • Garden View
  • Community Pool
  • Banyan Creek Elementary School Rated A-
  • Screened Porch
  • Tennis Courts

About This Home

As of June 2017

Charming and spacious single story 3 bedroom villa with 1 car garage within minutes to Downtown Delray Beach! Open floor plan with tile throughout the home (no carpet), renovated guest bath, eat in kitchen, surround sound, cozy built in bar, and screened in back porch. Newer water heater, freshly painted. Fabulous location! Community pool and tennis courts recently resurfaced. Don't miss out on this great opportunity!

Last Agent to Sell the Property

Lauren Lispi

RE/MAX Select Group License #BK704402 Listed on: 05/18/2017

RE/MAX Select Group

Last Buyer's Agent

Crystal Turner

Hasey Realty Group LLC License #3328395

Hasey Realty Group LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,016

Year Built

  • Built in 1998

Lot Details

  • Property is zoned RS

HOA Fees

  • $235 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Guest Parking

Home Design

  • Villa
  • Entry on the 1st floor
  • Barrel Roof Shape

Interior Spaces

  • 1,861 Sq Ft Home
  • 1-Story Property
  • Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Screened Porch
  • Ceramic Tile Flooring
  • Garden Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00424611220000950

Community Details

Overview

  • Association fees include common areas, cable TV, ground maintenance
  • Casa Del Rey Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,016

Year Built

Built in 1998

Lot Details

0

HOA Fees

$235 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Villa
  • Property Sub Type Additional: Villa
  • Directions: Military Trail north of Atlantic Avenue. Make Left on Via Delray, Right on Magellan Way East. Home is on right.
  • Year Built: 1998
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Entrance Foyer, Eat-in Kitchen, Living/Dining Room, Split Bedrooms, Vaulted Ceiling(s), Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile
  • Living Area: 1861.0
  • Dining Room Type: Family Room, Laundry
  • Stories: 1

Exterior Features

  • Exterior Features: Enclosed Porch
  • View: Garden
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Guest

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 235.0
  • Community Features: Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Maintenance Grounds

Lot Info

  • Parcel #: 00424611220000950
  • Zoning Description: RS

Tax Info

  • Tax Annual Amount: 2016.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2017
Closed on
Jun 28, 2017
Sold by
Galea Joseph Tarry
Bought by
Wong Jimmy C
Seller's Agent
Lauren Lispi
RE/MAX Select Group
Buyer's Agent
Crystal Turner
Hasey Realty Group LLC
List Price
$249,000
Sold Price
$240,000
Premium/Discount to List
-$9,000
-3.61%
Current Estimated Value
$451,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,933
Avg. Annual Appreciation
7.97%

Purchase Details

Listed on
Aug 16, 2013
Closed on
Jan 17, 2014
Sold by
Fannie Mae
Bought by
Galea Joseph Tarry
Seller's Agent
Dawn Moyna
Moyna Properties, Inc.
Buyer's Agent
Ted Meroe
Coldwell Banker Realty /Delray Beach
List Price
$218,500
Sold Price
$175,000
Premium/Discount to List
-$43,500
-19.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.59%
Original Mortgage
$160,256
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
May 15, 2013
Sold by
Falcones Jacinto and Moreira Isabel E
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 16, 2008
Sold by
Miller Cameron H and Miller Stacey E
Bought by
Falcones Jacinto and Romero Brisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 18, 2002
Sold by
Guillaume Marie Y
Bought by
Blazek Stacey E and Miller Cameron H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,250
Interest Rate
6.01%

Purchase Details

Closed on
Apr 13, 2000
Sold by
Ayvatyan Araksi and Ayvatyan Kevork
Bought by
Guillaume Marie Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,200
Interest Rate
8.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 1997
Sold by
Dirocco Joseph
Bought by
K & E Investment Co

Purchase Details

Closed on
Jan 21, 1994
Sold by
Clerk Circuit Court
Bought by
Dirocco Joseph
Source: Public Records

Range of Values:

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Average Value
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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
Wong Jimmy C $240,000 Preferred Title Inc
Galea Joseph Tarry $175,000 Consumer Title & Escrow Serv
Federal National Mortgage Association -- None Available
Falcones Jacinto $200,000 Attorney
Blazek Stacey E $155,000 --
Guillaume Marie Y $126,000 --
K & E Investment Co $20,000 --
Dirocco Joseph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Galea Joseph Tarry $160,256
Previous Owner Falcones Jacinto $160,000
Previous Owner Blazek Stacey E $147,250
Previous Owner K & E Investment Co $122,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2017 06/28/17 Sold $240,000 -3.6% $129 / Sq Ft
05/29/2017 05/29/17 Pending -- -- --
05/18/2017 05/18/17 For Sale $249,000 +42.3% $134 / Sq Ft
01/17/2014 01/17/14 Sold $175,000 -19.9% $101 / Sq Ft View Prior Sale
12/18/2013 12/18/13 Pending -- -- --
08/16/2013 08/16/13 For Sale $218,500 -- $126 / 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 $3,640 $241,667 -- --
2023 $3,542 $234,628 $0 $0
2022 $3,502 $227,794 $0 $0
2021 $3,467 $221,159 $0 $221,159
2020 $3,494 $221,159 $0 $221,159
2019 $3,537 $221,159 $0 $221,159
2018 $3,847 $205,126 $0 $205,126
2017 $2,523 $167,718 $0 $0
2016 $2,523 $164,268 $0 $0
2015 $2,579 $163,126 $0 $0
2014 $3,075 $148,126 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lauren Lispi

    Seller's Agent in 2017

    Lauren Lispi

    RE/MAX

    (561) 289-5860

    85 Total Sales

    Lauren Lispi
    Section Image

  • C

    Buyer's Agent in 2017

    Crystal Turner

    Hasey Realty Group LLC

    (561) 276-7900

    1 in this area

    8 Total Sales

    Crystal Turner
    Section Image

  • D

    Seller's Agent in 2014

    Dawn Moyna

    Moyna Properties, Inc.

  • T

    Buyer's Agent in 2014

    Ted Meroe

    Coldwell Banker Realty /Delray Beach

    (561) 703-4047

    Ted Meroe
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10335473

BeachesMLS

APN: 00-42-46-11-22-000-0950

Florida Palm Beach County Delray Beach 33484 Palm Greens

5085 Magellan Way E, Delray Beach, FL

This home is located at 5085 Magellan Way E, Delray Beach, FL 33484 since 18 May 2017 and is currently estimated at $451,933, approximately $242 per square foot. This property was built in 1998. 5085 Magellan Way E is a home located in Palm Beach County with nearby schools including Banyan Creek 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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