NOT LISTED FOR SALE

5292 Madison Rd Delray Beach, FL 33484

Estimated Value: $373,000 - $474,000

5 Beds
2 Baths
840 Sq Ft
$507/Sq Ft Est. Value

Last Sold February 26, 2015

Last sale price $177,500 $211 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $2,698/month

34 Days on Market

Highlights

  • 2 Bedroom Guest House
  • RV or Boat Parking
  • Room in yard for a pool
  • Spanish River Community High School Rated A+
  • Cottage Room
  • Clubhouse

About This Home

As of February 2015

3/1 House w/large patio, adorable 2/1 Cottage w/paver patio for lounging and BBQ tile floors, Huge 2.5 Lot property in heart of Delray Beach. Brand New Roofs, 1yr old Central A/C, new water heater in back unit. Great income property for owner/occupant, Tile floors, desirable neighborhood, Cottage rents for 1K per month while the front unit rents for $1,450 Park your boats, trucks and Mobile Home here! Great winter property for your snowbirds, get income while you are back home in the summer. No HOA.

Last Agent to Sell the Property

Sandra Talon

MMLS Assoc.-Inactive Member License #595915 Listed on: 01/20/2015

Last Buyer's Agent

Sandra Talon

MMLS Assoc.-Inactive Member License #595915 Listed on: 01/20/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,740

Year Built

  • Built in 1957

Lot Details

  • North Facing Home
  • Property is zoned RS

Home Design

  • Ranch Style House
  • Composition Roof
  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 840 Sq Ft Home
  • Family Room
  • Combination Dining and Living Room
  • Storage Room
  • Garden Views
  • Electric Range

Flooring

  • Terrazzo
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Stacked Bedrooms
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Parking

  • Driveway
  • Guest Parking
  • Open Parking
  • RV or Boat Parking

Outdoor Features

  • Room in yard for a pool
  • Patio
  • Cottage Room

Additional Homes

  • 2 Bedroom Guest House
  • One Bathroom Guest House

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 00424623020003990

Community Details

Overview

  • No Home Owners Association
  • Country Club Acres 4 Subdivision

Amenities

  • Picnic Area
  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,740

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1957
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Ranch
  • Directions: ATLANTIC AVE TO MILITARY TRAIL SOUTH TO FIRST LIGHT ENTER SUBDIVISION COUNTRY CLUB ACRES, RIGHT ON HARRISON LEFT ON MADISON, PROPERTY ON LEFT
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: COUNTRY CLUB ACRES 4
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_GuestHouseDescription: 1 Bath, 2 Bedrooms
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Electric Water Heater, Other Equipment/Appliances, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Split Bedroom, Stacked Bedroom, Cottage, Family Room, Separate Guest/In-Law Quarters, Storage, Utility Room/Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Flooring: Ceramic Floor, Other, Terrazzo
  • Furnished: Unfurnished
  • Living Area: 840
  • Possible Use: Unknown/Withheld
  • Bedroom Features: Entry Level, Primary Bedroom Ground Level, Other
  • Dining Room Features: Dining/Living Room, Other
  • Living Room Features: Cottage, Family Room, Separate Guest/In-Law Quarters, Storage Room, Utility Room/Laundry

Exterior Features

  • Roof: Composition Roll, Flat Tile, Other
  • View: Garden, Other
  • Exterior Features: Fruit Trees, Other, Room For Pool
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio, Screened Porch
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: COUNTRY CLUB ACRES 4
  • Open Parking: Yes
  • Parking Features: Rv/Boat Parking, Driveway, Guest

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry, Washer/Dryer Hook-Up

Condo/Co-op/Association

  • Association: No
  • Community Features: Clubhouse, Picnic Area

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 00424623020003990
  • Zoning: RS
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 2740

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2015
Closed on
Feb 26, 2015
Sold by
Donald Kevin P and Talon William
Bought by
Lamb Timothy C and Lamb Victoria
Seller's Agent
Sandra Talon
MMLS Assoc.-Inactive Member
Buyer's Agent
Sandra Talon
MMLS Assoc.-Inactive Member
List Price
$199,999
Sold Price
$177,500
Premium/Discount to List
-$22,499
-11.25%
Current Estimated Value
$426,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,612
Avg. Annual Appreciation
8.37%
Original Mortgage
$142,000
Outstanding Balance
$108,084
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$318,028

Purchase Details

Closed on
Jul 28, 2005
Sold by
Donald Kevin Patrick
Bought by
Donald Kevin P and Talon William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2002
Sold by
Kotomski Edna E
Bought by
Donald Kevin Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
6.95%

Purchase Details

Closed on
Oct 2, 1996
Sold by
Kowal Matthew J and Kowal Stephanie M
Bought by
Kowal Matthew J and Kowal Stephanie M
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Lamb Timothy C $177,500 Attorney
Donald Kevin P -- Chicago Title Of The Florida
Donald Kevin Patrick -- Delray Title & Abstract Co
Donald Kevin Patrick $125,000 Delray Title & Abstract Co
Kowal Matthew J $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lamb Timothy C $142,000
Previous Owner Donald Kevin P $145,000
Previous Owner Donald Kevin Patrick $113,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2015 02/26/15 Sold $177,500 -11.2% $211 / Sq Ft
02/24/2015 02/24/15 Pending -- -- --
01/20/2015 01/20/15 For Sale $199,999 -- $238 / Sq Ft
Source: MIAMI REALTORS® MLS

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
2025 $5,898 $324,414 -- --
2024 $5,898 $294,922 -- --
2023 $5,614 $268,111 $129,313 $199,594
2022 $5,127 $243,737 $0 $0
2021 $4,608 $221,579 $70,166 $151,413
2020 $4,574 $218,598 $69,000 $149,598
2019 $4,610 $226,516 $59,400 $167,116
2018 $4,099 $199,822 $58,336 $141,486
2017 $3,752 $175,069 $52,086 $122,983
2016 $2,196 $124,340 $0 $0
2015 $3,210 $132,420 $0 $0
2014 $2,994 $120,382 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2060254

MIAMI REALTORS® MLS

APN: 00-42-46-23-02-000-3990