$375,000
SOLD MAY 14, 2014

55 SE 7th Ave Delray Beach, FL 33483

Downtown Delray Beach Neighborhood
0.11 Acre
-- Price per Acre
-- Sq Ft Lot

Recently Sold

$178 Per Sq Ft

18% Below List Price

25 Days on Market

About This Lot

As of May 2024

Located just one block from Atlantic Avenue. Great opportunity.All dilapidated, must restore old home. Located in Old Marina Historic District.

Last Agent to Sell the Property

NICHOLAS MALINOSKY

Douglas Elliman License #3103961 Listed on: 04/18/2014

Douglas Elliman

Co-Listed By

Randolph Ely

Douglas Elliman License #563399

Last Buyer's Agent

NICHOLAS MALINOSKY

Douglas Elliman License #3103961 Listed on: 04/18/2014

Douglas Elliman

Property Details

Property Type

  • Land

Lot Details

  • West Facing Home
  • Interior Lot
  • Paved or Partially Paved Lot
  • Property is zoned MEDIUM D

Additional Features

  • City Lot
  • Cable TV Available

Community Details

  • Palm Square Unrec On Am 8 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434616340000220

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Residential
  • Property Sub Type Additional: Residential
  • Directions: Atlantic Avenue to SE 7th Avenue, head South to property.
  • Special Features: None

Exterior Features

  • Lot Features: City Lot, Interior Lot, Other, < 1/4 Acre
  • Road Surface Type: Paved
  • Waterfront: No
  • Direction Faces: West

Utilities

  • Utilities: Cable Available, Water Available

Lot Info

  • Parcel #: 12434616340000220
  • Zoning Description: MEDIUM D

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 10023.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2023
Sold by
111 First Llc
Bought by
Cohen Richard
Current Estimated Value
$2,548,253

Purchase Details

Closed on
Jul 2, 2021
Sold by
53 Se 7 Llc
Bought by
111 First Llc

Purchase Details

Closed on
Apr 30, 2019
Sold by
Sarno Properties Llc
Bought by
53 Se 7 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,146,878
Interest Rate
4.2%
Mortgage Type
Construction

Purchase Details

Listed on
Sep 28, 2017
Closed on
Apr 3, 2018
Sold by
Almanisa Llc
Bought by
Sarno Properties Llc
Seller's Agent
Judith Lukens
Premier Estate Properties, Inc
Buyer's Agent
Chris Lowry
Chris Lowry Realty Services
List Price
$1,695,000
Sold Price
$1,525,000
Premium/Discount to List
-$170,000
-10.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.14%

Purchase Details

Closed on
Mar 29, 2016
Sold by
Mian Group Lp
Bought by
Almanisa Llc

Purchase Details

Closed on
Mar 1, 2016
Bought by
Almanisa Llc

Purchase Details

Listed on
Apr 18, 2014
Closed on
Jun 18, 2014
Sold by
Gregorski 16 Llc
Bought by
Mian Group Limited Partnership
Seller's Agent
NICHOLAS MALINOSKY
Douglas Elliman
Buyer's Agent
NICHOLAS MALINOSKY
Douglas Elliman
List Price
$459,000
Sold Price
$375,000
Premium/Discount to List
-$84,000
-18.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.11%

Purchase Details

Listed on
Apr 18, 2014
Closed on
May 14, 2014
Sold by
Maine Palm Llc
Bought by
Gregorski 16 Llc
Seller's Agent
NICHOLAS MALINOSKY
Douglas Elliman
Buyer's Agent
NICHOLAS MALINOSKY
Douglas Elliman
List Price
$459,000
Sold Price
$375,000
Premium/Discount to List
-$84,000
-18.3%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Quit Claim Deed -- Old Palm Title
Warranty Deed $1,000,000 Attorney
Warranty Deed $579,000 Attorney
Warranty Deed $350,000 Attorney
Quit Claim Deed -- Attorney
Deed -- --
Warranty Deed $600,000 Attorney
Warranty Deed $375,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,146,878 Construction
Previous Owner $382,293 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2024 05/15/24 Sold $2,800,000 -12.4% $1,610 / Sq Ft
04/16/2024 04/16/24 Pending -- -- --
03/11/2024 03/11/24 For Sale $3,195,000 +62.4% $1,837 / Sq Ft
04/01/2021 04/01/21 Sold $1,967,500 +9.4% $1,064 / Sq Ft
03/03/2021 03/03/21 For Sale $1,799,000 +18.0% $973 / Sq Ft
02/15/2018 02/15/18 Sold $1,525,000 -10.0% $725 / Sq Ft
01/16/2018 01/16/18 Pending -- -- --
09/28/2017 09/28/17 For Sale $1,695,000 +352.0% $806 / Sq Ft
05/14/2014 05/14/14 Sold $375,000 -18.3% $178 / Sq Ft
04/18/2014 04/18/14 For Sale $459,000 -- $218 / 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 $27,535 $1,538,928 -- --
2023 $12,337 $606,355 -- --
2022 $10,980 $551,232 -- --
2021 $5,506 $261,000 $261,000 $0
2020 $6,646 $315,000 $315,000 $0
2019 $6,102 $285,000 $285,000 $0
2018 $6,483 $319,505 $319,505 $0
2017 $5,943 $277,830 $277,830 $0
2016 $12,835 $592,430 $0 $0
2015 $12,015 $538,573 $0 $0
2014 $10,641 $453,442 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Candace Friis

    The Corcoran Group

    (561) 573-9966

    13 in this area

    150 Total Sales

    Section Image

  • P

    Seller Co-Listing Agent in 2024

    Phillip Friis

    The Corcoran Group

    (561) 706-1922

    8 in this area

    132 Total Sales

    Section Image

  • D

    Buyer's Agent in 2024

    Danielle Batista

    LoKation

    (561) 313-6919

    12 in this area

    23 Total Sales

    Section Image
  • Erik Ring

    Seller's Agent in 2021

    Erik Ring

    Douglas Elliman

    (561) 441-6880

    2 in this area

    79 Total Sales

    Section Image

  • D

    Buyer's Agent in 2021

    Derek Barra

    Coldwell Banker

    (561) 395-2233

    2 in this area

    62 Total Sales

    Section Image

  • J

    Seller's Agent in 2018

    Judith Lukens

    Premier Estate Properties, Inc

    (561) 271-6702

    4 in this area

    20 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10034044

BeachesMLS

APN: 12-43-46-16-34-000-0220

Florida Palm Beach County Delray Beach 33483 Downtown Delray Beach

55 SE 7th Ave, Delray Beach, FL

This home is located at 55 SE 7th Ave, Delray Beach, FL 33483 and is currently priced at $375,000, approximately $178 per square foot. 55 SE 7th Ave is a home located in Palm Beach County with nearby schools including Pine Grove 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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