NOT LISTED FOR SALE

5115 Gramercy Square Dr Unit 5115 Delray Beach, FL 33484

Palm Greens Neighborhood

Estimated Value: $480,412 - $505,000

3 Beds
2.5 Baths
1,758 Sq Ft
$279/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $295,000 $168 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,567/month

68 Days on Market

Highlights

  • Lake View
  • Waterfront
  • Porch
  • Spanish River Community High School Rated A+
  • Clubhouse
  • Impact Glass

About This Home

As of January 2020

HUGE PRICE REDUCTION!!! Great Scott!! Incredible lakefront 3 bedroom 2 1/2 bath town home**long lake views**Impact windows **granite counter tops**stainless steel appliances, newer washer/dryer** new carpet in all bedrooms** two car garage**excellent location**HOA include lawn maintenance irrigation system, basic cable, community pool with a fitness center and a children lot tot. This home is located in the heart of Delray close to beach, great shopping, fine dinning and entertainment.

Last Agent to Sell the Property

Scott Lombard

Coldwell Banker Realty License #0630984 Listed on: 10/24/2019

Coldwell Banker Realty

Last Buyer's Agent

Scott Lombard

RE/MAX Park Creek Realty Inc

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,418

Year Built

  • Built in 2012

Lot Details

  • Waterfront

HOA Fees

  • $277 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Guest Parking

Interior Spaces

  • 1,758 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Lake Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Open Patio
  • Exterior Lighting
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 12424614320001110

Community Details

Overview

  • Association fees include all facilities, common areas, cable TV, maintenance structure
  • Gramercy Square Subdivision

Pet Policy

  • Pets Allowed

Additional Features

  • Clubhouse
  • Impact Glass

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,418

Year Built

Built in 2012

Lot Details

0

HOA Fees

$277 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: Atlantic Avenue ....South on Military Trail ...
  • Year Built: 2012
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Entrance Foyer, First Floor Entry, Upper Level Master, Walk-In Closet(s)
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Living Area: 1758.0
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Security/High Impact Doors, Porch, Patio
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake Privileges, None
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Open, Patio, Porch
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Guest, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Other
  • Green Building Features: Exterior Lighting
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 277.0
  • Senior Community: No
  • Amenities: Clubhouse, Playground
  • Association #2 Fee: 277.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: No Pet Restrictions, Yes

Fee Information

  • Association Fee Includes: All Facilities, Common Areas, Cable TV, Maintenance Structure

Lot Info

  • Parcel #: 12424614320001110

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 5418.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2019
Closed on
Jan 31, 2020
Sold by
Hager Peter G and Hager Gary K
Bought by
Grover Gurmanik Singh
Seller's Agent
Scott Lombard
Coldwell Banker Realty
Buyer's Agent
Scott Lombard
RE/MAX Park Creek Realty Inc
List Price
$325,000
Sold Price
$295,000
Premium/Discount to List
-$30,000
-9.23%
Total Days on Market
68
Current Estimated Value
$490,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,603
Avg. Annual Appreciation
10.01%
Original Mortgage
$236,000
Outstanding Balance
$168,971
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$321,632

Purchase Details

Closed on
Nov 21, 2012
Sold by
D R Horton Inc
Bought by
Hager Peter G and Hager Gary K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,606
Interest Rate
3.5%
Mortgage Type
FHA
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
Grover Gurmanik Singh $295,000 Sunbelt Title Agency
Hager Peter G $241,990 Dhi Title Of Florida Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grover Gurmanik Singh $236,000
Previous Owner Hager Peter G $237,606
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2020 01/31/20 Sold $295,000 -9.2% $168 / Sq Ft
01/01/2020 01/01/20 Pending -- -- --
10/24/2019 10/24/19 For Sale $325,000 -- $185 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $6,525 $389,340 -- --
2023 $6,549 $378,000 $0 $378,000
2022 $6,323 $300,300 $0 $0
2021 $5,687 $273,000 $0 $273,000
2020 $5,572 $265,000 $0 $265,000
2019 $5,635 $265,000 $0 $265,000
2018 $5,418 $260,000 $0 $260,000
2017 $5,420 $255,000 $0 $0
2016 $5,464 $250,000 $0 $0
2015 $5,165 $228,000 $0 $0
2014 $5,234 $222,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10200713

BeachesMLS (Greater Fort Lauderdale)

APN: 12-42-46-14-32-000-1110