NOT LISTED FOR SALE

5101 Magellan Way E Delray Beach, FL 33484

Palm Greens Neighborhood

Estimated Value: $425,000 - $600,000

3 Beds
2 Baths
2,034 Sq Ft
$249/Sq Ft Est. Value

Last Sold September 20, 2013

Last sale price $199,000 $98 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $3,324/month

55 Days on Market

Highlights

  • Vaulted Ceiling
  • Roman Tub
  • Tennis Courts
  • Banyan Creek Elementary School Rated A-
  • Community Pool
  • 1 Car Attached Garage

About This Home

As of September 2013

Spacious Spanish Style Villa with Courtyard, Community Pool, Community Tennis Court.

Last Listed By

Todd Siegel

MLS Connect Inc. License #3110160 Listed on: 06/26/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,522

Year Built

  • Built in 1998

Lot Details

  • 3,441

Parking

  • 1 Car Attached Garage

Home Design

  • Villa

Interior Spaces

  • 2,034 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Entrance Foyer
  • Ceramic Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Roman Tub

Laundry

  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00424611220000970

Community Details

Overview

  • Casa Del Rey 2 Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,522

Year Built

Built in 1998

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Villa
  • Property Sub Type Additional: Villa
  • Directions: I-95 to Atl Ave. W to Mil Trl N 2 mil to Via Delray W to Megella Way E.
  • Year Built: 1998
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Entrance Foyer, Garden Tub/Roman Tub, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile
  • Living Area: 2034.0
  • Stories: 1

Exterior Features

  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Pool, Tennis Court(s)
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 00424611220000970
  • Zoning Description: RES

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 2522.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2014
Sold by
Masem Carmella
Bought by
Masem Carmella and Masem Michael
Total Days on Market
55
Current Estimated Value
$505,823

Purchase Details

Listed on
Jun 26, 2013
Closed on
Sep 20, 2013
Sold by
Pedraza David
Bought by
Masem Carmella
Seller's Agent
Todd Siegel
MLS Connect Inc.
List Price
$197,000
Sold Price
$199,000
Premium/Discount to List
$2,000
1.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.29%
Original Mortgage
$155,200
Interest Rate
4.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 1998
Sold by
Collier David F and Collier Joyce L
Bought by
Pedraza Daavid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,750
Interest Rate
6.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 1998
Sold by
Premier Building Group Inc
Bought by
Collier David F and Collier Joyce L

Purchase Details

Closed on
Jan 15, 1998
Sold by
J L Harris Construction Co
Bought by
Premier Building Group Inc

Purchase Details

Closed on
May 1, 1997
Sold by
Harold L Jurist Tr
Bought by
Premier Building Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Interest Rate
7.95%

Purchase Details

Closed on
Dec 1, 1994
Sold by
Clerk Circuit Court
Bought by
Jurist Harold L
Source: Public Records

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Range of Values:

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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
Masem Carmella $76,983 None Available
Masem Carmella $199,000 Florida Title & Closing Co
Pedraza Daavid $135,000 --
Collier David F $100 --
Premier Building Group Inc $100 --
Premier Building Group Inc $33,000 --
Jurist Harold L $4,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Masem Michael $45,000
Previous Owner Masem Carmella $155,200
Previous Owner Pedraza David $193,000
Previous Owner Pedraza David $186,200
Previous Owner Jurist Harold L $28,000
Previous Owner Jurist Harold L $89,750
Previous Owner Jurist Harold L $18,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2013 09/20/13 Sold $199,000 +1.0% $98 / Sq Ft
08/21/2013 08/21/13 Pending -- -- --
06/26/2013 06/26/13 For Sale $197,000 0.0% $97 / Sq Ft
11/01/2012 11/01/12 Rented $1,800 0.0% --
10/02/2012 10/02/12 Under Contract -- -- --
09/07/2012 09/07/12 For Rent $1,800 -- --
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 $7,684 $241,696 -- --
2023 $7,425 $234,656 $0 $0
2022 $7,374 $227,821 $0 $0
2021 $7,339 $221,185 $0 $221,185
2020 $7,527 $221,185 $0 $221,185
2019 $8,118 $221,185 $0 $221,185
2018 $3,847 $205,147 $0 $205,147
2017 $3,703 $205,147 $0 $0
2016 $3,369 $171,147 $0 $0
2015 $3,319 $162,962 $0 $0
2014 $3,075 $148,147 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Todd Siegel

    Seller's Agent in 2013

    Todd Siegel

    MLS Connect Inc.

    (561) 400-5224

    24 Total Sales

    Todd Siegel
    Section Image

  • V

    Seller's Agent in 2012

    Vincent Panico

    Castelli Real Estate Services

    (954) 224-8079

    6 Total Sales

    Vincent Panico
    Section Image

  • C

    Buyer's Agent in 2012

    Clementina D'Aleo

    Century 21 Tenace Realty Inc

  • C

    Buyer's Agent in 2012

    Clementina D'Aleo

    Century 21 Tenace Realty Inc

    (954) 849-8413

    64 Total Sales

    Clementina D'Aleo
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R9957163

BeachesMLS

APN: 00-42-46-11-22-000-0970

Florida Palm Beach County Delray Beach 33484 Palm Greens

5101 Magellan Way E, Delray Beach, FL

This home is located at 5101 Magellan Way E, Delray Beach, FL 33484 since 26 June 2013 and is currently estimated at $505,823, approximately $248 per square foot. This property was built in 1998. 5101 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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