$576,000
SOLD APR 15, 2016

701 SE 1st St Delray Beach, FL 33483

Downtown Delray Beach Neighborhood
-- Bed
-- Bath
1,270 Sq Ft
5,575 Sq Ft Lot

Recently Sold

$454 Per Sq Ft

4% Below List Price

108 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • 3-minute walk to Veterans Park
  • Ceramic Tile Flooring

About This Home

As of April 2016

Contact the Listing Agent for rent rolls and additional financial information.

Last Agent to Sell the Property

David Koch

Foundation Real Estate LLC License #3108566 Listed on: 11/28/2015

Last Buyer's Agent

David Koch

Foundation Real Estate LLC License #3108566 Listed on: 11/28/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,890

Year Built

  • Built in 1926

Lot Details

  • 5,575 Sq Ft Lot

Home Design

  • Triplex
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,270 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Ceramic Tile

Utilities

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

Community Details

  • 3 Units
  • Palm Square Subdivision

Listing and Financial Details

  • Rent includes electricity, sewer, cable TV, water
  • Assessor Parcel Number 12434616340000260

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,890

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: EAST ATLANTIC TO SE 7TH TO SE 1ST ST (ON CORNER)
  • Year Built: 1926
  • Unit Levels: One
  • Building Stories: 1
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1270.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame, Stucco
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 12434616340000260
  • Lot Size Sq Ft: 5575.0
  • Zoning Description: RM
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 7890.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2015
Closed on
Apr 15, 2016
Sold by
Gulati Vinod and Gulati Manmeet
Bought by
Cope Roger
Seller's Agent
David Koch
Foundation Real Estate LLC
Buyer's Agent
David Koch
Foundation Real Estate LLC
List Price
$599,000
Sold Price
$576,000
Premium/Discount to List
-$23,000
-3.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.18%
Original Mortgage
$417,000
Outstanding Balance
$332,177
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$1,517,110

Purchase Details

Closed on
Dec 19, 2001
Sold by
Slagle Geoffrey B
Bought by
Gulati Vinod and Gulati Manmeet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
7.05%

Purchase Details

Closed on
Apr 6, 2000
Sold by
Murray David S and Murray Annette V
Bought by
Slagle Geoffrey B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,400
Interest Rate
8.34%
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 Type Sale Price Title Company
Warranty Deed $576,000 Independence Title Ins Agenc
Warranty Deed $365,000 --
Warranty Deed $316,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $417,000 New Conventional
Previous Owner $292,000 No Value Available
Previous Owner $47,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2025 04/05/25 Price Changed $1,690,000 -3.4% $1,331 / Sq Ft
03/12/2025 03/12/25 For Sale $1,750,000 0.0% $1,378 / Sq Ft
03/05/2025 03/05/25 Off Market $1,750,000 -- --
08/28/2024 08/28/24 Price Changed $1,750,000 -2.7% $1,378 / Sq Ft
04/02/2024 04/02/24 For Sale $1,799,000 +212.3% $1,417 / Sq Ft
04/15/2016 04/15/16 Sold $576,000 -3.8% $454 / Sq Ft
03/16/2016 03/16/16 Pending -- -- --
11/28/2015 11/28/15 For Sale $599,000 -- $472 / 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 $11,992 $532,552 -- --
2023 $12,023 $501,420 $0 $0
2022 $10,329 $472,615 $0 $0
2021 $8,921 $511,966 $348,000 $163,966
2020 $9,918 $513,721 $0 $0
2019 $9,614 $493,254 $0 $0
2018 $9,410 $495,110 $0 $0
2017 $9,134 $471,006 $361,973 $109,033
2016 $8,485 $330,503 $0 $0
2015 $7,890 $300,457 $0 $0
2014 $7,411 $273,143 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2024

    Beverly Clark

    The Corcoran Group

    (561) 929-6545

    6 in this area

    12 Total Sales

    Beverly Clark
    Section Image
  • Jennifer Kilpatrick

    Seller Co-Listing Agent in 2024

    Jennifer Kilpatrick

    The Corcoran Group

    (561) 573-2573

    51 in this area

    228 Total Sales

    Jennifer Kilpatrick
    Section Image
  • David Koch

    Seller's Agent in 2016

    David Koch

    Foundation Real Estate LLC

    (561) 201-0333

    1 in this area

    42 Total Sales

    David Koch
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10187755

BeachesMLS

APN: 12-43-46-16-34-000-0260

Florida Palm Beach County Delray Beach 33483 Downtown Delray Beach

701 SE 1st St, Delray Beach, FL

This home is located at 701 SE 1st St, Delray Beach, FL 33483 and is currently priced at $576,000, approximately $453 per square foot. This property was built in 1926. 701 SE 1st St is a home located in Palm Beach County with nearby schools including Plumosa School of the Arts, Carver 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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