NOT LISTED FOR SALE

520 NE 7th Ave Unit 2a, 2g, 2h Delray Beach, FL 33483

Downtown Delray Beach Neighborhood

Estimated Value: $286,532 - $394,000

2 Beds
1 Bath
1,875 Sq Ft
$184/Sq Ft Est. Value

Last Sold January 02, 2015

Last sale price $350,000 $187 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,708/month

267 Days on Market

Highlights

  • Water Views
  • Screened Porch
  • Cooling System Mounted To A Wall/Window
  • Corner Lot
  • Balcony
  • Ceramic Tile Flooring

About This Home

As of January 2015

Owner has 3 Condos in a 16 Unit Building for sale. Balance of units are owned by others. Great East Delray Beach units each 2 bed 1 bath condos on the second floor. Within walking distance to the beach and Atlantic Avenue. One block from Publix, Walgreens and CVS. Well maintained building with screen porches. Lots of Parking. Nicely landscaped. Laundry room on premises. Units 2-A and 2-G currently with short term tenants. Unit 2-H is vacant so easy to show. Could be great owner-user property or investment opportunity. One inside cat allowed per condo rules. No dogs. Monthly HOA dues are $207 per unit collected quarterly so $621/quarter/unit. Will sell individually or together.

Last Agent to Sell the Property

Ingrid Kennemer

Coastal Commercial Group, LLC License #542032 Listed on: 03/10/2014

Last Buyer's Agent

David Lee

Edgestone Real Estate Inc. License #3036926

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,213

Year Built

  • Built in 1964

Lot Details

  • 0.43

HOA Fees

  • $621 Monthly HOA Fees

Property Views

  • Water
  • Garden

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,875 Sq Ft Home
  • 2-Story Property
  • Screened Porch

Flooring

  • Carpet
  • Ceramic Tile

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Additional Features

  • Balcony
  • Corner Lot

Community Details

  • Association fees include common areas, insurance, sewer, trash, water
  • 3 Units
  • Chevy Chase Cond Decl Subdivision

Listing and Financial Details

  • Rent includes electricity, cable TV
  • Assessor Parcel Number 12434609400000090

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,213

Year Built

Built in 1964

Lot Details

0

HOA Fees

$621 per month

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: Federal Highway to NE 6 St, East to property on SW corner of NE 6 St and NE 7 Ave
  • Year Built: 1964
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1875.0

Exterior Features

  • Exterior Features: Balcony
  • View: Garden, Water
  • Lot Features: Corner Lot
  • Pool Features: None
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Screened
  • Property Condition: Resale
  • Roof: Composition, Other, Shingle

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 621.0
  • HOA Rent Includes: Electricity, Cable TV
  • Senior Community: No
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Sewer, Trash, Water

Lot Info

  • Parcel #: 12434609400000090
  • Zoning Description: MF
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 6213.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2014
Closed on
Dec 19, 2014
Sold by
Kennemer A Hopkins and Kennemer Ingrid L
Bought by
520 7Th Avenue Apartments Llc
Seller's Agent
Ingrid Kennemer
Coastal Commercial Group, LLC
Buyer's Agent
David Lee
Edgestone Real Estate Inc.
List Price
$399,000
Sold Price
$350,000
Premium/Discount to List
-$49,000
-12.28%
Current Estimated Value
$344,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,367
Avg. Annual Appreciation
-0.14%

Purchase Details

Closed on
Jan 7, 2014
Sold by
Earnhart Craig D
Bought by
Kennemer A Hopkins

Purchase Details

Closed on
Oct 29, 2013
Sold by
Earnhart Craig D
Bought by
Kennemer A Hopkins

Purchase Details

Closed on
Sep 14, 2001
Sold by
Owen Charles George and Owen Vesta Anne
Bought by
Earnhart Craig D and Hopkins Kennemer A

Purchase Details

Closed on
Dec 31, 1997
Sold by
Owen Samueland Erica
Bought by
Owen Charles G and Owen Vesta A
Source: Public Records

Range of Values:

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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
520 7Th Avenue Apartments Llc $350,000 First Priority Title Co
Kennemer A Hopkins -- Attorney
Kennemer A Hopkins -- Attorney
Kennemer A Hopkins $2,900 Attorney
Earnhart Craig D $41,500 Title Insurance Agency Inc
Owen Charles G $17,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Owen Charles G $28,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/02/2015 01/02/15 Sold $350,000 -12.3% $187 / Sq Ft
12/03/2014 12/03/14 Pending -- -- --
03/10/2014 03/10/14 For Sale $399,000 -- $213 / 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 $3,342 $152,266 -- --
2023 $3,206 $138,424 $0 $0
2022 $2,992 $125,840 $0 $0
2021 $2,459 $116,000 $0 $116,000
2020 $2,256 $104,000 $0 $104,000
2019 $2,282 $104,000 $0 $104,000
2018 $2,237 $104,000 $0 $104,000
2017 $2,238 $102,000 $0 $0
2016 $2,298 $102,000 $0 $0
2015 $2,351 $101,000 $0 $0
2014 $2,077 $87,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ingrid Kennemer

    Seller's Agent in 2015

    Ingrid Kennemer

    Coastal Commercial Group, LLC

    (561) 441-0967

    14 in this area

    23 Total Sales

    Ingrid Kennemer
    Section Image
  • David Lee

    Buyer's Agent in 2015

    David Lee

    Edgestone Real Estate Inc.

    (561) 212-4246

    1 in this area

    58 Total Sales

    David Lee
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10023012

BeachesMLS

APN: 12-43-46-09-40-000-0090

Florida Palm Beach County Delray Beach 33483 Downtown Delray Beach

520 NE 7th Ave Unit 2a, 2g, 2h, Delray Beach, FL

This home is located at 520 NE 7th Ave Unit 2a, 2g, 2h, Delray Beach, FL 33483 since 10 March 2014 and is currently estimated at $344,633, approximately $183 per square foot. This property was built in 1964. 520 NE 7th Ave Unit 2a, 2g, 2h is a home located in Palm Beach County with nearby schools including Plumosa School of the Arts, Carver Community 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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