NOT LISTED FOR SALE

Estimated Value: $3,456,000 - $4,317,000

0.16 Acre
$23,937,525 Price per Acre
6,970 Sq Ft Lot

Last Sold August 01, 2012

Last sale price $235,000

Est. 1,530% increase in value since last sale

Current estimated payment $23,328/month

72 Days on Market

About This Lot

As of August 2012

RARE VACANT LOT in East Delray Beach - 4 blocks to East Atlantic Avenue (with all the restaurants and entertainment), 2 blocks to the Intracoastal and walk to the beach. Ready for your dream home. All utilities available to the property.... RARE VACANT LO T in East Delray Beach - 4 blocks to East Atlantic Avenue (with all the restaurants and entertainment), 2 blocks to the Intracoastal and walk to the beach. Ready for your dream home. All utilities available to the property. Don't miss this opportunity - p

Last Agent to Sell the Property

Ronald Schwartzman

Prestigious Homes Realty License #3008620 Listed on: 04/20/2012

Last Buyer's Agent

Valerie Selby

Keller Williams Realty Services License #302112

Keller Williams Realty Services

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,800

Lot Details

  • 6,970 Sq Ft Lot
  • North Facing Home
  • Interior Lot
  • Property is zoned Rm

Additional Features

  • City Lot
  • Cable TV Available

Community Details

  • Delray Town Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434616011220040

Property Details

Property Type

Land

Est. Annual Taxes

$4,800

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Residential
  • Property Sub Type Additional: Residential
  • Directions: East Atlantic Ave to NE 7th Ave, North to NE 3rd St,turn right.lot is on Rt
  • Special Features: None

Exterior Features

  • Lot Features: City Lot, Interior Lot
  • Waterfront: No
  • Direction Faces: North

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available

Lot Info

  • Parcel #: 12434616011220040
  • Lot Size Acres: 0.16
  • Number Of Lots: 1
  • Zoning Description: Rm

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 4800.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2012
Closed on
Jul 23, 2012
Sold by
Kay James R and Kay Sonia F
Bought by
Borg Dean
Seller's Agent
Ronald Schwartzman
Prestigious Homes Realty
Buyer's Agent
Valerie Selby
Keller Williams Realty Services
List Price
$265,000
Sold Price
$235,000
Premium/Discount to List
-$30,000
-11.32%
Current Estimated Value
$3,830,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,595,004
Avg. Annual Appreciation
24.23%

Purchase Details

Closed on
Feb 13, 2012
Sold by
Geddes Henry
Bought by
Kay James R

Purchase Details

Closed on
Dec 24, 2007
Sold by
Geddes Henry and Reno John F
Bought by
Geddes Henry

Purchase Details

Closed on
Jun 13, 2005
Sold by
Hafermalz Darryl L
Bought by
Geddes Henry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 30, 2003
Sold by
Lawrence Andrea
Bought by
Hafermalz Darryl L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
3.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 2000
Sold by
Pr Judy A Craig
Bought by
Lawrence Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
8.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 1996
Sold by
Watson H Sasser
Bought by
Cunningham Nancy L
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
Borg Dean $235,000 Renaissance Title Corp
Kay James R $190,000 Attorney
Geddes Henry -- Attorney
Geddes Henry $585,000 All American Title & Abstrac
Hafermalz Darryl L $390,000 Independence Title
Lawrence Andrea $195,000 --
Lawrence Andrea -- --
Cunningham Nancy L $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borg Dean J $4,072,042
Closed Borg Dean $375,000
Previous Owner Geddes Henry $1,500,000
Previous Owner Geddes Henry $450,000
Previous Owner Hafermalz Darryl L $304,000
Previous Owner Cunningham Nancy L $156,000
Closed Hafermalz Darryl L $38,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2012 08/01/12 Sold $235,000 -11.3% --
07/02/2012 07/02/12 Pending -- -- --
04/20/2012 04/20/12 For Sale $265,000 -- --
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 $29,510 $1,602,724 -- --
2023 $28,920 $1,531,167 $0 $0
2022 $28,422 $1,463,956 $0 $0
2021 $27,663 $1,400,758 $0 $0
2020 $27,035 $1,358,095 $0 $0
2019 $26,752 $1,333,744 $0 $0
2018 $25,241 $1,283,303 $0 $0
2017 $25,020 $1,254,817 $0 $0
2016 $24,621 $1,202,949 $0 $0
2015 $6,507 $257,277 $0 $0
2014 $6,153 $233,888 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R3275847

BeachesMLS

APN: 12-43-46-16-01-122-0040