Seller's Agent in 2022
Geoff Braboy
Compass Florida LLC
(561) 699-3455
21 in this area
128 Total Sales
628 SE 5th St Unit 2 Delray Beach, FL 33483
Downtown Delray Beach NeighborhoodEstimated Value: $1,633,000 - $3,423,000
3
Beds
3.5
Baths
2,662
Sq Ft
$1,084/Sq Ft
Est. Value
Highlights
- Property fronts an intracoastal waterway
- Wood Flooring
- Furnished
- Heated Pool
- High Ceiling
- 3-minute walk to 505 Teen Center and Hobbit Skate Park
About This Home
As of May 2022Live a wonderful life at this stunning in-town Delray Beach waterfront townhouse, sited directly on the Intracoastal! Villas Sobre Del Mar is a hidden enclave of just 5 beautifully maintained townhomes. This slice of waterfront paradise comes with a newly resurfaced deeded boat dock and 16K lb. lift - currently fitted with a 31' boat. Atlantic Avenue and the beach are a short walk away. Designer decorated and offered fully furnished. No detail was overlooked in this turnkey unit. Private outdoor living area features heated spa with cascading waterfall wall. Relax by day. Entertain by night. 1 car garage. Can rent 2x/year for a min. of 3 months. Pet friendly. An amazing opportunity to enjoy the South Florida waterfront lifestyle immediately without the maintenance of a single family home. Designed and decorated by Travis Terry, this unit completed a full "studs-out" rebuild in 2008 by renowned local builder Terry Cudmore. PGT Impact Windows & Doors throughout. Oversized mirrored walls and custom wood beams and wall paneling all add a dose of warmth, richness and elegance to the space. Solid core doors. No detail was overlooked. The custom kitchen features a Thermador Induction Range and warming oven, Sub-Zero Refrigerator, and Hi Sense Wine Cooler. On the oversized private back patio, multiple sitting areas combine to create an idyllic outdoor waterfront living space, which all opens up to the newly installed (2021) trex deck dock on the Intracoastal, located in the only true year-round no wake zone in Delray Beach. Outdoor shower. Brand new signature walls were just added to the heated spa and feature wall behind the tv. The ability to rent this property out twice per year for a minimum of 3 months makes this townhouse the perfect part-time seasonal home that can generate income while you don't use it, if you choose.
Last Agent to Sell the Property
Compass Florida LLC License #3281634 Listed on: 03/05/2022
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $32,043
Year Built
- Built in 1979
Lot Details
- 3,201 Sq Ft Lot
- Property fronts an intracoastal waterway
- West Facing Home
Parking
- 1 Car Attached Garage
Home Design
- Barrel Roof Shape
Interior Spaces
- 2,662 Sq Ft Home
- 3-Story Property
- Furnished
- High Ceiling
- Wood Flooring
- Intracoastal Views
Kitchen
- Electric Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
Laundry
- Dryer
- Washer
Pool
- Heated Pool
- Spa
Outdoor Features
- No Fixed Bridges
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 12434621840000020
Community Details
Overview
- Property has a Home Owners Association
- Association fees include common areas
- 5 Units
- Villas Sobre Del Mar Subdivision
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 11, 2023
Sold by
Pearson Timothy
Bought by
Timothy R Pearson 2023 Revocable Trust
Current Estimated Value
Purchase Details
Listed on
Mar 5, 2022
Closed on
May 25, 2022
Sold by
Michelle D Wangberg Trust
Bought by
Pearson Timothy
Seller's Agent
Geoff Braboy
Compass Florida LLC
Buyer's Agent
Robert Temelkoski
Coldwell Banker Realty /Delray Beach
List Price
$3,750,000
Sold Price
$3,200,000
Premium/Discount to List
-$550,000
-14.67%
Views
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
-2.68%
Original Mortgage
$1,000,001
Interest Rate
3.63%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 18, 2017
Closed on
Sep 27, 2017
Sold by
Midlarsky Steven S and Midlarsky Lisa
Bought by
Figueras Michelle D and Michelle D Wangberg Trust
Seller's Agent
Jonathan Alexander
EXP Realty LLC
Buyer's Agent
Tommy Holmes
Illustrated Properties
List Price
$2,250,000
Sold Price
$2,000,000
Premium/Discount to List
-$250,000
-11.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.61%
Purchase Details
Closed on
May 3, 2007
Sold by
Waltz John A
Bought by
Midlarsky Steven S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Timothy R Pearson 2023 Revocable Trust | -- | None Listed On Document | |
| Pearson Timothy | $3,200,000 | Princeton Title & Escrow | |
| Figueras Michelle D | $2,000,000 | Attorney | |
| Midlarsky Steven S | $975,000 | Reliable Title Services Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Pearson Timothy | $1,000,001 | |
| Previous Owner | Midlarsky Steven S | $575,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/25/2022 05/25/22 | Sold | $3,200,000 | -14.7% | $1,202 / Sq Ft | |
| 04/25/2022 04/25/22 | Pending | -- | -- | -- | |
| 03/04/2022 03/04/22 | For Sale | $3,750,000 | 0.0% | $1,409 / Sq Ft | |
| 03/22/2021 03/22/21 | For Rent | $13,000 | +13.0% | -- | |
| 03/22/2021 03/22/21 | Rented | $11,500 | 0.0% | -- | |
| 09/27/2017 09/27/17 | Sold | $2,000,000 | -11.1% | $960 / Sq Ft | View Prior Sale |
| 08/28/2017 08/28/17 | Pending | -- | -- | -- | |
| 07/18/2017 07/18/17 | For Sale | $2,250,000 | -- | $1,080 / Sq Ft |
Source: BeachesMLS (Greater Fort Lauderdale)
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 | $46,245 | $2,569,992 | -- | -- |
| 2024 | $46,245 | $2,571,714 | -- | -- |
| 2023 | $48,045 | $2,573,563 | $0 | $2,573,563 |
| 2022 | $35,633 | $1,822,711 | $0 | $0 |
| 2021 | $32,043 | $1,623,061 | $0 | $1,623,061 |
| 2020 | $34,488 | $1,729,329 | $693,000 | $1,036,329 |
| 2019 | $34,930 | $1,732,001 | $0 | $0 |
| 2018 | $33,525 | $1,699,707 | $743,204 | $956,503 |
| 2017 | $16,710 | $848,047 | $0 | $0 |
| 2016 | $16,824 | $830,604 | $0 | $0 |
| 2015 | $17,297 | $824,830 | $0 | $0 |
| 2014 | $17,413 | $818,284 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Geoff Braboy
-
David Gunther
Seller Co-Listing Agent in 2022
David Gunther
Atlantic Waterfront Properties
(954) 651-4789
8 in this area
83 Total Sales
-
Robert Temelkoski
Buyer's Agent in 2022
Robert Temelkoski
Coldwell Banker Realty /Delray Beach
(561) 777-6813
4 in this area
66 Total Sales
-
Jonathan Alexander
Seller's Agent in 2017
Jonathan Alexander
EXP Realty LLC
(561) 962-2865
2 in this area
165 Total Sales
-
Caroline Raoux
C
Seller Co-Listing Agent in 2017
Caroline Raoux
One Sotheby's International Re
(561) 542-6843
-
Tommy Holmes
Buyer's Agent in 2017
Tommy Holmes
Illustrated Properties
(203) 570-0026
5 in this area
25 Total Sales
Map
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: R10781508
APN: 12-43-46-21-84-000-0020
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