NOT LISTED FOR SALE

521 NE 8th Ave Delray Beach, FL 33483

Downtown Delray Beach Neighborhood

Estimated Value: $2,645,000 - $3,091,247

5 Beds
4 Baths
2,478 Sq Ft
$1,155/Sq Ft Est. Value

Last Sold April 07, 2016

Last sale price $1,500,000 $605 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $17,007/month

231 Days on Market

Highlights

  • Garage Apartment
  • Vaulted Ceiling
  • Great Room
  • Room in yard for a pool
  • Marble Flooring
  • Workshop

About This Home

As of April 2016

Spectacular new Key West style construction in desirable Palm Trail neighborhood. The home has 3 bedrooms and 3 bathrooms with separate 2 bedrooms and 1 bathroom Guest house. Beautiful hardwood floors throughout with stone and ceramic floors in baths. Fabulous open kitchen boasts Miele appliances including cafe station, wine refrigerator and beverage frig. Gas Miele stove. Tongue & Groove hardwood ceilings through Main living area. All new impact resistant hurricane rated glass windows and doors. Plantation shutters throughout the home. Two car garage has air conditioned workshop/storage room.

Last Agent to Sell the Property

Linda Lake PA

The Corcoran Group License #517062 Listed on: 07/20/2015

The Corcoran Group

Last Buyer's Agent

JULIE ANN GIACHETTI

One Sotheby's International Realty License #511838

One Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,367

Year Built

  • Built in 1951

Lot Details

  • 9,840 Sq Ft Lot
  • Fenced
  • Sprinkler System
  • Property is zoned R1AA

Parking

  • 2 Car Detached Garage
  • Garage Apartment
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Metal Roof

Interior Spaces

  • 2,478 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Fireplace
  • Plantation Shutters
  • French Doors
  • Great Room
  • Combination Dining and Living Room
  • Workshop

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Room in yard for a pool
  • Patio

Utilities

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

Community Details

  • Hofman Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434609250020070

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,367

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: George Bush Blvd east to NE 8th Avenue, south to home.
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, French Door(s)/Atrium Door(s), Fireplace, High Ceilings, Living/Dining Room, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Workshop
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Marble, Tile, Wood
  • Living Area: 2478.0
  • Dining Room Type: Garage Apartment, Great Room, Workshop
  • Stories: 1
  • Window Features: Impact Glass, Plantation Shutters

Exterior Features

  • Exterior Features: Fence, Patio, Room For Pool
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Other Structures: Garage Apartment
  • Patio And Porch Features: Patio
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Detached, Garage, Two or More Spaces, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434609250020070
  • Lot Size Sq Ft: 9840.0
  • Zoning Description: R1AA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 15367.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2015
Closed on
Apr 7, 2016
Sold by
Keenan Brian T and Keenan Allison Dunlop
Bought by
Pasqualini Luca
Seller's Agent
Linda Lake PA
The Corcoran Group
Buyer's Agent
JULIE ANN GIACHETTI
One Sotheby's International Realty
List Price
$1,695,000
Sold Price
$1,500,000
Premium/Discount to List
-$195,000
-11.5%
Current Estimated Value
$2,861,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,361,812
Avg. Annual Appreciation
6.99%
Original Mortgage
$1,125,000
Outstanding Balance
$876,964
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,984,848

Purchase Details

Closed on
Jul 18, 2014
Sold by
Keenan Brian T and Keenan Allison Dunlop
Bought by
Keenan Brian T and Keenan Allison Dunlop

Purchase Details

Closed on
Jul 22, 2013
Sold by
Keenan Dunlop Llc
Bought by
Keenan Brian T and Dunlop Allison

Purchase Details

Listed on
Apr 20, 2012
Closed on
Jul 2, 2012
Sold by
Kotlar Properties Llc
Bought by
Keenan Dunlop Llc
Seller's Agent
Arleen Davis-Slagle
Realty Home Advisors Inc
List Price
$410,000
Sold Price
$410,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.69%

Purchase Details

Closed on
Jun 21, 2004
Sold by
Yadron Ricki P
Bought by
Kortiar Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
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
Pasqualini Luca $1,500,000 None Available
Keenan Brian T -- Attorney
Keenan Brian T -- Attorney
Keenan Dunlop Llc $410,000 Exceptional Title Insurance
Kortiar Properties Llc $570,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pasqualini Luca $1,125,000
Previous Owner Kortiar Properties Llc $456,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/07/2016 04/07/16 Sold $1,500,000 -11.5% $605 / Sq Ft
03/08/2016 03/08/16 Pending -- -- --
07/20/2015 07/20/15 For Sale $1,695,000 +313.4% $684 / Sq Ft
07/02/2012 07/02/12 Sold $410,000 0.0% $301 / Sq Ft View Prior Sale
05/04/2012 05/04/12 Pending -- -- --
04/20/2012 04/20/12 For Sale $410,000 -- $301 / 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 $23,970 $1,338,951 -- --
2023 $24,133 $1,299,952 $0 $0
2022 $24,008 $1,262,089 $0 $0
2021 $24,119 $1,225,329 $0 $0
2020 $23,983 $1,208,411 $0 $0
2019 $23,692 $1,181,242 $0 $0
2018 $22,736 $1,159,217 $0 $0
2017 $22,205 $1,111,182 $0 $0
2016 $14,864 $733,670 $0 $0
2015 $15,265 $728,570 $0 $0
2014 $15,367 $722,788 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Linda Lake PA

    The Corcoran Group

    (561) 702-4898

    8 in this area

    24 Total Sales

    Linda Lake PA
    Section Image

  • J

    Buyer's Agent in 2016

    JULIE ANN GIACHETTI

    One Sotheby's International Realty

    (561) 212-0022

    8 in this area

    33 Total Sales

    JULIE ANN GIACHETTI
    Section Image
  • Arleen Davis-Slagle

    Seller's Agent in 2012

    Arleen Davis-Slagle

    Realty Home Advisors Inc

    (786) 344-8445

    15 Total Sales

    Arleen Davis-Slagle
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10153012

BeachesMLS

APN: 12-43-46-09-25-002-0070

Florida Palm Beach County Delray Beach 33483 Downtown Delray Beach

521 NE 8th Ave, Delray Beach, FL

This home is located at 521 NE 8th Ave, Delray Beach, FL 33483 since 20 July 2015 and is currently estimated at $2,861,812, approximately $1,154 per square foot. This property was built in 1951. 521 NE 8th Ave 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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