NOT LISTED FOR SALE

Estimated Value: $795,154 - $1,203,000

5 Beds
4 Baths
2,261 Sq Ft
$445/Sq Ft Est. Value

Last Sold April 26, 2022

Last sale price $775,000 $343 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $6,562/month

78 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring
  • No Heating
  • Patio

About This Home

As of April 2022

This home is located at 624 Allen Ave, Delray Beach, FL 33483 since 07 January 2022 and is currently estimated at $1,006,289, approximately $445 per square foot. This property was built in 1950. 624 Allen Ave is a home located in Palm Beach County with nearby schools including Plumosa School of the Arts, Carver Middle School, and Atlantic High School.

Last Agent to Sell the Property

Robert Guntmacher

The Corcoran Group License #3365074 Listed on: 01/07/2022

The Corcoran Group

Last Buyer's Agent

Natasha Reid

One Sotheby's International Realty License #3198230

One Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,356

Year Built

  • Built in 1950

Lot Details

  • 7,100

Interior Spaces

  • 2,261 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Outdoor Features

  • Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 12434609150020200

Community Details

Overview

  • 4 Units
  • Snow Hill In Subdivision

Building Details

  • Operating Expense $8,130
  • Net Operating Income $54,570

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,356

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: Just north of Atlantic Avenue then east on Allen Avenue
  • Year Built: 1950
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2261.0

Exterior Features

  • Exterior Features: Patio
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent, Pet on Property
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Other

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 12434609150020200
  • Lot Size: East of US-1
  • Zoning Description: R-1-A

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 54570.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 8130.0

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8356.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2022
Closed on
Apr 26, 2022
Sold by
624 Allen Ave Llc
Bought by
Psr Homes 9 Llc
Seller's Agent
Robert Guntmacher
The Corcoran Group
Buyer's Agent
Natasha Reid
One Sotheby's International Realty
List Price
$819,000
Sold Price
$775,000
Premium/Discount to List
-$44,000
-5.37%
Current Estimated Value
$1,006,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,289
Avg. Annual Appreciation
7.82%
Original Mortgage
$542,500
Outstanding Balance
$527,398
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$478,891

Purchase Details

Listed on
Mar 10, 2021
Closed on
Jun 14, 2021
Sold by
Zeng Yan
Bought by
624 Allen Avenue Llc
Seller's Agent
David Wilson
La Rosa Realty Beaches LLC
Buyer's Agent
Curtis Brown
Hampton Real Estate Group
List Price
$680,000
Sold Price
$660,000
Premium/Discount to List
-$20,000
-2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.64%
Original Mortgage
$462,000
Interest Rate
2.9%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Sep 14, 2018
Closed on
Oct 12, 2018
Sold by
T & C Real Estate Development Llc
Bought by
Zeng Yan
Seller's Agent
Marco Fonseca
REALTY WORLD FDR REALTY GROUP
Buyer's Agent
Marco Fonseca
Realty World FDR Realty Group
List Price
$600,000
Sold Price
$570,888
Premium/Discount to List
-$29,112
-4.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.48%

Purchase Details

Listed on
Mar 24, 2018
Closed on
May 7, 2018
Sold by
Duchesne Clement
Bought by
T & C Real Estate Development Llc
Seller's Agent
Cole Leavitt
CPRE Organization Inc
List Price
$415,000
Sold Price
$420,000
Premium/Discount to List
$5,000
1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
104.18%
Original Mortgage
$294,000
Interest Rate
4.44%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 4, 2009
Sold by
Deutsche Bank Trust Company Americas
Bought by
Duchesne Clement

Purchase Details

Closed on
Nov 10, 2008
Sold by
Collins Paul L and Case #502007Ca017955xxxxmb
Bought by
Deutsche Bank Trust Company and Natixis 2007-He2

Purchase Details

Closed on
Jan 30, 2004
Sold by
Dufour Michael and Dufour Christine
Bought by
Collins Paul L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2003
Sold by
Kmetz Tom
Bought by
Dufour Michael

Purchase Details

Closed on
Nov 8, 2001
Sold by
Clites John R
Bought by
Kmetz Tom

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,800
Interest Rate
6.6%

Purchase Details

Closed on
Jun 18, 2001
Sold by
Linda A Rudner I
Bought by
Clites John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
7.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2000
Sold by
Bellante Daniel D
Bought by
Rudner Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.82%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Psr Homes 9 Llc $775,000 All Country Title
Psr Homes 9 Llc $775,000 All Country Title
624 Allen Avenue Llc $660,000 Crystal T&E Co Inc
Zeng Yan $570,888 Attorney
T & C Real Estate Development Llc $420,000 Old Palm Title Llc
Duchesne Clement $127,000 Stewart Title Company
Deutsche Bank Trust Company -- Attorney
Collins Paul L $360,000 Southeastern Alliance Title
Dufour Michael $325,000 Southern Coast Title Svcs In
Kmetz Tom $231,000 Southern Coast Title Svcs In
Clites John R $225,000 --
Rudner Linda $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Psr Homes 9 Llc $542,500
Closed Psr Homes 9 Llc $542,500
Previous Owner 624 Allen Avenue Llc $462,000
Previous Owner T & C Real Estate Development Llc $294,000
Previous Owner Collins Paul L $288,000
Previous Owner Kmetz Tom $184,800
Previous Owner Rudner Linda $202,500
Previous Owner Rudner Linda $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/26/2022 04/26/22 Sold $775,000 -5.4% $343 / Sq Ft
03/27/2022 03/27/22 Pending -- -- --
01/07/2022 01/07/22 For Sale $819,000 +24.1% $362 / Sq Ft
07/01/2021 07/01/21 Sold $660,000 -2.9% $292 / Sq Ft View Prior Sale
06/01/2021 06/01/21 Pending -- -- --
03/10/2021 03/10/21 For Sale $680,000 +19.1% $301 / Sq Ft
10/12/2018 10/12/18 Sold $570,888 -4.9% $252 / Sq Ft View Prior Sale
09/14/2018 09/14/18 For Sale $600,000 +42.9% $265 / Sq Ft
05/08/2018 05/08/18 Sold $420,000 +1.2% $186 / Sq Ft View Prior Sale
04/08/2018 04/08/18 Pending -- -- --
03/24/2018 03/24/18 For Sale $415,000 -- $184 / 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 $14,727 $746,869 -- --
2023 $13,268 $678,972 $414,038 $264,934
2022 $11,972 $596,808 $0 $0
2021 $8,356 $397,379 $207,070 $190,309
2020 $8,309 $391,750 $248,000 $143,750
2019 $8,163 $379,899 $240,000 $139,899
2018 $5,441 $293,436 $159,808 $133,628
2017 $4,870 $236,347 $149,353 $86,994
2016 $4,486 $192,906 $0 $0
2015 $4,180 $175,369 $0 $0
2014 -- $173,163 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10768386

BeachesMLS

APN: 12-43-46-09-15-002-0200