$650,000
SOLD JUN 5, 2017
-- Bed
-- Bath
3,202 Sq Ft
0.33 Acres

Recently Sold

$203 Per Sq Ft

9% Below List Price

28 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • Central Heating and Cooling System
  • Garden View
  • Shed
  • Ceiling Fan

About This Home

As of June 2017

Great Triplex Investment Opportunity just minutes from thriving downtown Delray Beach and iconic Atlantic Boulevard. Walk to Atlantic Blvd or the Beach in just 15 minutes! Or get picked up by The Downtowner, FREE public transportation to and from the Property and Downtown or the Beach.

Last Agent to Sell the Property

Jason Powell

Waterfront Properties & Club C License #3251596 Listed on: 04/07/2017

Waterfront Properties & Club C

Co-Listed By

Andrew Saporito PA

EXP Realty LLC License #3235734

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,437

Year Built

  • Built in 1973

Lot Details

  • 0.33 Acre Lot
  • Fenced
  • Sprinkler System

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,202 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Garden Views

Flooring

  • Wood
  • Carpet
  • Tile

Outdoor Features

  • Patio
  • Shed

Schools

  • Atlantic Technical High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $57,600
  • Rent includes electricity, cable TV
  • Assessor Parcel Number 12434609150020230

Community Details

Overview

  • 3 Units
  • Snow Hill Subdivision

Building Details

  • Operating Expense $10,000
  • Net Operating Income $47,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,437

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: Atlantic Blvd East to Federal Hwy North. Drive 1.2 miles North on U.S. 1 to Allen Ave. Take a right heading East on Allen Ave. Property is towards the end of the street on the right side.
  • Year Built: 1973
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Living Area: 3202.0

Exterior Features

  • Exterior Features: Fence, Patio, Shed
  • View: Garden
  • Lot Features: Sprinklers Automatic
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Cable TV
  • Senior Community: No
  • Association Fee Frequency: Monthly

Schools

  • High School: Atlantic Technical

Lot Info

  • Parcel #: 12434609150020230
  • Lot Size Sq Ft: 14375.0
  • Zoning Description: R-1-A(
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 47600.0
  • Number Of Units Total: 3
  • Annual Operating Expense: 10000.0
  • Total Actual Rent: 57600.0

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 6437.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2025
Sold by
Mile 2 Homes Llc
Bought by
308 Moderne Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Outstanding Balance
$1,296,523
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$703,977

Purchase Details

Closed on
Mar 11, 2022
Sold by
632 Allen Avenue Trust
Bought by
Mile 2 Homes Llc

Purchase Details

Closed on
Sep 12, 2017
Sold by
Brill Matthew P
Bought by
The 632 Allen Avenue Revocable Living Tr

Purchase Details

Listed on
Apr 7, 2017
Closed on
Jun 2, 2017
Sold by
Pierrard John
Bought by
Brill Matthew P
Seller's Agent
Jason Powell
Waterfront Properties & Club C
List Price
$715,000
Sold Price
$650,000
Premium/Discount to List
-$65,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.93%
Original Mortgage
$650,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2004
Sold by
Pierrard Dwain and Pierrard Sylvia
Bought by
Pierrard John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
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
Warranty Deed $1,680,000 None Listed On Document
Warranty Deed $1,680,000 None Listed On Document
Warranty Deed $1,072,000 Delray Beach Title
Warranty Deed -- Attorney
Warranty Deed $650,000 First American Title Ins Co
Interfamily Deed Transfer $300,000 Independence Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,300,000 New Conventional
Closed $1,300,000 New Conventional
Previous Owner $803,270 New Conventional
Previous Owner $650,000 New Conventional
Previous Owner $75,000 Credit Line Revolving
Previous Owner $195,000 Purchase Money Mortgage
Previous Owner $90,000 New Conventional
Previous Owner $45,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2025 05/21/25 For Sale $2,300,000 +253.8% $718 / Sq Ft
06/05/2017 06/05/17 Sold $650,000 -9.1% $203 / Sq Ft
05/06/2017 05/06/17 Pending -- -- --
04/07/2017 04/07/17 For Sale $715,000 -- $223 / 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 $22,634 $1,145,825 -- --
2023 $20,196 $1,043,151 $743,899 $299,252
2022 $14,142 $626,358 $0 $0
2021 $11,912 $569,416 $357,575 $211,841
2020 $12,974 $616,789 $418,500 $198,289
2019 $11,147 $571,562 $0 $0
2018 $10,043 $519,107 $269,241 $249,866
2017 $6,884 $372,556 $0 $0
2016 $6,437 $322,756 $0 $0
2015 $6,117 $301,380 $0 $0
2014 $6,137 $297,488 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10323688

BeachesMLS

APN: 12-43-46-09-15-002-0230