NOT LISTED FOR SALE

617 Palm Trail Delray Beach, FL 33483

Downtown Delray Beach Neighborhood

Estimated Value: $5,429,000 - $13,115,257

5 Beds
8 Baths
7,649 Sq Ft
$1,261/Sq Ft Est. Value

Last Sold November 03, 2017

Last sale price $6,000,000 $784 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $58,532/month

4 Days on Market

Highlights

  • Property has ocean access
  • Intracoastal View
  • Saltwater Pool
  • Home fronts navigable water
  • Newly Remodeled
  • Garage Apartment

About This Home

As of November 2017

This Coastal Contemporary Waterfront Estate is located on a half-acre lot along the Intracoastal Waterway in the heart of East Delray Beach. Situated in the highly desirable Palm Trail neighborhood, the property measures 100 feet of width by 200 feet of depth making it one of the largest properties in East Delray. The rear of the estate faces east and overlooks a four-acre nature preserve, providing an unparalleled degree of serenity and privacy. Boaters will appreciate the brand new 80-foot concrete dock and no-wake zone, which allows convenient and secure dockage in your backyard. Voyages to the ocean are easy Boynton Beach and Boca Raton Inlets nearby. Furnished by Leighton Design Group, the residence features some of the finest finishes and attention to detail the industry offers.

Last Agent to Sell the Property

NICHOLAS MALINOSKY

Douglas Elliman License #3103961 Listed on: 10/30/2017

Douglas Elliman

Last Buyer's Agent

NICHOLAS MALINOSKY

Douglas Elliman License #3103961 Listed on: 10/30/2017

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,405

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 0.46 Acre Lot
  • Home fronts navigable water
  • Property fronts an intracoastal waterway
  • Fenced
  • Sprinkler System
  • Property is zoned R-1-AA

Parking

  • 4 Car Attached Garage
  • Garage Apartment
  • Garage Door Opener
  • Driveway

Home Design

  • Metal Roof

Interior Spaces

  • 7,649 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Furnished
  • Built-In Features
  • Bar
  • Vaulted Ceiling
  • Fireplace
  • Casement Windows
  • Great Room
  • Family Room
  • Open Floorplan
  • Den
  • Wood Flooring
  • Intracoastal Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • In-Law or Guest Suite
  • Roman Tub

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

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

Outdoor Features

  • Saltwater Pool
  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Balcony
  • Open Patio
  • Outdoor Grill

Utilities

  • Zoned Heating and Cooling
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Hofman Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434609250010010

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,405

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: George Bush Blvd to Palm Trail, south to property on Intracoastal side
  • Year Built: 2017
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Closet Cabinetry, Eat-in Kitchen, Elevator, Family/Dining Room, Fireplace, Garden Tub/Roman Tub, High Ceilings, Living/Dining Room, Pantry, Vaulted Ceiling(s), Bar, Walk-In Closet(s)
  • Furnished: Furnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Wood
  • Living Area: 7649.0
  • Dining Room Type: Den, Family Room, Garage Apartment, Great Room, In-Law Suite
  • Stories: 2
  • Window Features: Casement Window(s), Impact Glass

Exterior Features

  • Exterior Features: Balcony, Fence, Outdoor Grill, Patio
  • View: Intercoastal
  • Lot Features: Sprinklers Automatic
  • Pool Features: Heated, Pool, Salt Water
  • Pool Private: Yes
  • Waterfront Features: Intracoastal Access, Navigable Water, No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Other Structures: Garage Apartment
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: New Construction
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security System, Closed Circuit Camera(s), Security Gate, Smoke Detector(s)
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas 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 #: 12434609250010010
  • Lot Size Sq Ft: 20027.0
  • Zoning Description: R-1-AA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 43405.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2017
Closed on
Nov 3, 2017
Sold by
Azure Palm Trail Preserve Llc
Bought by
Dalissandro Frank D and The Frank D Dalissandro Revocable Trust
Seller's Agent
NICHOLAS MALINOSKY
Douglas Elliman
Buyer's Agent
NICHOLAS MALINOSKY
Douglas Elliman
List Price
$6,490,000
Sold Price
$6,000,000
Premium/Discount to List
-$490,000
-7.55%
Current Estimated Value
$9,647,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,647,086
Avg. Annual Appreciation
6.13%

Purchase Details

Listed on
Mar 22, 2015
Closed on
Oct 2, 2015
Sold by
Adriaenssens Guido and Adriaenssens Christiane
Bought by
Azure Palm Trail Preserve Llc
Seller's Agent
Ruben Hernandez
Brokers Choice Realty Inc
List Price
$2,395,000
Sold Price
$2,150,000
Premium/Discount to List
-$245,000
-10.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.40%
Original Mortgage
$2,520,000
Interest Rate
3.97%
Mortgage Type
Construction

Purchase Details

Closed on
May 8, 2000
Sold by
Cusabel N V
Bought by
Adriaenssens Guido

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
8.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 1997
Sold by
Evelyn Ron and Evelyn Crowder
Bought by
Cusabel Nv

Purchase Details

Closed on
Aug 31, 1995
Sold by
Bunton Phillip M and Bunton Shirley V
Bought by
Crowder Ron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
7.76%
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
Dalissandro Frank D $6,000,000 Rtc Title Inc
Azure Palm Trail Preserve Llc $2,150,000 Title Champs Of Florida Llc
Adriaenssens Guido $500,000 --
Cusabel Nv $495,000 --
Crowder Ron $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Azure Palm Trail Preserve Llc $2,520,000
Previous Owner Cusabel Nv $150,000
Previous Owner Cusabel Nv $350,000
Previous Owner Crowder Ron $382,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/03/2017 11/03/17 Sold $6,000,000 -7.6% $784 / Sq Ft
10/30/2017 10/30/17 For Sale $6,490,000 +201.9% $848 / Sq Ft
10/02/2015 10/02/15 Sold $2,150,000 -10.2% $696 / Sq Ft View Prior Sale
09/02/2015 09/02/15 Pending -- -- --
03/22/2015 03/22/15 For Sale $2,395,000 -- $775 / 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 $95,251 $5,252,508 -- --
2023 $96,001 $5,099,522 $0 $0
2022 $95,825 $4,950,992 $0 $0
2021 $96,353 $4,806,788 $0 $0
2020 $95,850 $4,740,422 $2,376,000 $2,364,422
2019 $105,917 $5,136,527 $2,520,000 $2,616,527
2018 $99,180 $4,914,140 $2,378,252 $2,535,888
2017 $42,997 $2,164,630 $2,162,047 $2,583
2016 $43,405 $2,042,144 $0 $0
2015 $38,161 $1,733,914 $0 $0
2014 $30,779 $1,416,869 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2017

    NICHOLAS MALINOSKY

    Douglas Elliman

    (561) 306-4597

    7 in this area

    138 Total Sales

    NICHOLAS MALINOSKY
    Section Image
  • Ruben Hernandez

    Seller's Agent in 2015

    Ruben Hernandez

    Brokers Choice Realty Inc

    (954) 214-4349

    81 Total Sales

    Ruben Hernandez
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10378604

BeachesMLS

APN: 12-43-46-09-25-001-0010

Florida Palm Beach County Delray Beach 33483 Downtown Delray Beach

617 Palm Trail, Delray Beach, FL

This home is located at 617 Palm Trail, Delray Beach, FL 33483 since 30 October 2017 and is currently estimated at $9,647,086, approximately $1,261 per square foot. This property was built in 2017. 617 Palm Trail 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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