Banyan Tree Village 555 Banyan Tree Ln Unit 209 Delray Beach, FL 33483
Downtown Delray Beach Neighborhood
2
Beds
2
Baths
1,300
Sq Ft
$598/mo
HOA Fee
Highlights
- Fitness Center
- Clubhouse
- Pool View
- Boca Raton Community Middle School Rated A-
- Wood Flooring
- Screened Porch
About This Home
As of February 2025WELCOME HOME to your new 2-bedroom, 2-bathroom condo nestled within the charming and secluded Banyan Tree community, right in the heart of downtown Delray!Location is key here - just a quick 10-minute stroll to the stunning beaches. Step outside the community to discover three shopping centers offering an array of dining and shopping options to suit every taste and needWith downtown Atlantic Ave mere minutes away , and easy access to I-95 and Boca Town Center within a 10 minute drive, the convenience of this location cannot be overstated.This lovely condo boasts, a blend of wood and ceramic tile flooring, an inviting brand new eat-in kitchen with modern appliances, updated bathrooms, a spacious family room, and a generous terrace overlooking the pool.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,331
Year Built
- Built in 1979
HOA Fees
- $598 Monthly HOA Fees
Interior Spaces
- 1,300 Sq Ft Home
- 4-Story Property
- Ceiling Fan
- Plantation Shutters
- Sliding Windows
- Family Room
- Open Floorplan
- Screened Porch
- Washer and Dryer
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Electric Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 2 Full Bathrooms
- Dual Sinks
Parking
- Guest Parking
- Assigned Parking
Outdoor Features
- Balcony
Schools
- Pine Grove Elementary School
- Boca Raton Community Middle School
- Boca Raton Community High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 12434621300000209
Community Details
Overview
- Association fees include common areas, cable TV, ground maintenance, parking, pool(s), reserve fund, roof, sewer, trash, water
- Banyan Tree Village Condo Subdivision
Amenities
- Clubhouse
- Elevator
Recreation
- Fitness Center
- Trails
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 8, 2024
Closed on
Feb 11, 2025
Sold by
Benson Robert J and Benson Candice E
Bought by
Mccormick Michael and Mccormick Stephanie
Seller's Agent
Isaac Shasho
EXP Realty LLC
Buyer's Agent
Marcela Mastrangelo
Compass Florida, LLC
List Price
$372,000
Sold Price
$345,000
Premium/Discount to List
-$27,000
-7.26%
Views
83
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,097
Avg. Annual Appreciation
0.68%
Original Mortgage
$241,500
Outstanding Balance
$240,687
Interest Rate
6.91%
Mortgage Type
New Conventional
Estimated Equity
$105,624
Purchase Details
Closed on
Aug 15, 2019
Sold by
Benson Candice E and Benson Robert J
Bought by
Benson Robert J and Benson Candice E
Purchase Details
Closed on
Jan 12, 2018
Sold by
Osborne Katharine M
Bought by
Benson Candice E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,500
Interest Rate
3.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 9, 2013
Sold by
Geddes Henry and Geddes Anne
Bought by
Osborne Katharine M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
4.39%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 7, 2005
Sold by
Alcala Paul D and Alcala Thelma G
Bought by
Geddes Henry and Geddes Anne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,500
Interest Rate
6%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Feb 10, 2004
Sold by
Alcala Paul D
Bought by
Alcala Paul D and Alcala Thelma G
Similar Homes in Delray Beach, FL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $345,000 | Patch Reef Title | |
| Warranty Deed | $345,000 | Patch Reef Title | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $217,500 | Trusted National Title Ins A | |
| Warranty Deed | $135,000 | Attorney | |
| Warranty Deed | $295,000 | Sunbelt Title Agency | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $241,500 | New Conventional | |
| Closed | $241,500 | New Conventional | |
| Previous Owner | $162,500 | New Conventional | |
| Previous Owner | $101,250 | New Conventional | |
| Previous Owner | $29,500 | Credit Line Revolving | |
| Previous Owner | $236,000 | Fannie Mae Freddie Mac |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/11/2025 02/11/25 | Sold | $345,000 | -1.0% | $265 / Sq Ft |
| 08/13/2024 08/13/24 | Price Changed | $348,500 | -1.8% | $268 / Sq Ft |
| 07/08/2024 07/08/24 | Price Changed | $355,000 | -2.7% | $273 / Sq Ft |
| 06/04/2024 06/04/24 | Price Changed | $365,000 | -1.9% | $281 / Sq Ft |
| 05/07/2024 05/07/24 | For Sale | $372,000 | -- | $286 / Sq Ft |
Source: BeachesMLS
Tax History Compared to Growth
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 | $3,323 | $216,065 | -- | -- |
| 2023 | $3,331 | $209,772 | $0 | $0 |
| 2022 | $3,316 | $203,662 | $0 | $0 |
| 2021 | $3,309 | $197,730 | $0 | $0 |
| 2020 | $3,282 | $195,000 | $0 | $195,000 |
| 2019 | $3,322 | $195,000 | $0 | $195,000 |
| 2018 | $3,482 | $165,000 | $0 | $165,000 |
| 2017 | $3,426 | $159,000 | $0 | $0 |
| 2016 | $2,089 | $132,972 | $0 | $0 |
| 2015 | $2,141 | $132,048 | $0 | $0 |
| 2014 | $2,150 | $131,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Isaac Shasho
I
Seller's Agent in 2025
Isaac Shasho
EXP Realty LLC
(561) 901-4962
1 in this area
15 Total Sales
-
Marcela Mastrangelo
M
Buyer's Agent in 2025
Marcela Mastrangelo
Compass Florida, LLC
(561) 859-9135
4 in this area
63 Total Sales
About Banyan Tree Village
Map
Source: BeachesMLS
MLS Number: R10985388
APN: 12-43-46-21-30-000-0209
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