$175,000
SOLD AUG 31, 2018

724 Lago Rd Delray Beach, FL 33445

2 Beds
2 Baths
1,424 Sq Ft
$417/mo HOA Fee

Recently Sold

$123 Per Sq Ft

5% Below List Price

18 Days on Market

Highlights

  • Fitness Center
  • Vaulted Ceiling
  • Community Pool
  • Clubhouse
  • Garden View
  • Tennis Courts

About This Home

As of April 2022

HURRY, DON'T MISS THIS EAST DELRAY BEACH, ALL AGES, 2BED/2BATH VILLA IN LAGO DEL REY! THIS BEAUTY HAS AN OPEN AND SPACIOUS FLOOR PLAN, BRAND NEW ROOF - MAY 2018, BRAND NEW HOT WATER HEATER - JUNE 2018, FRESHLY PAINTED, AND BRAND NEW TILE FLOORING THROUGH OUT THE UNIT! LAGO DEL REY IS A DELIGHTFUL, WELL MAINTAINED AND QUIET COMMUNITY WITH TENNIS COURTS, CLUBHOUSE, COMMUNITY POOL, ETC.. LOCATED CLOSE TO BEACHES, RESTAURANTS, SHOPPING, AND HIGHWAYS! THIS BEAUTY IS PRICED TO FLY AND READY FOR NEW OWNERS!

Last Agent to Sell the Property

Isaac Abolafia

AIM Realty Group License #0464462 Listed on: 07/13/2018

Last Buyer's Agent

Isaac Abolafia

AIM Realty Group License #0464462 Listed on: 07/13/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $826

Year Built

  • Built in 1981

Lot Details

  • East Facing Home

HOA Fees

  • $417 Monthly HOA Fees

Interior Spaces

  • 1,424 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Entrance Foyer
  • Formal Dining Room
  • Tile Flooring
  • Garden Views
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Over 1 Space Per Unit
  • Guest Parking

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

  • Opa Locka Elementary School
  • Carver; G.W. Middle School
  • Atlantic Technical High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12434619320190052

Community Details

Overview

  • Association fees include cable TV, parking, pool(s), recreation facilities, reserve fund, roof, sewer, trash, water
  • Lago Del Rey Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$826

Year Built

Built in 1981

Lot Details

0

HOA Fees

$417 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: BETWEEN ATLANTIC AVENUE AND LINTON ON HOMEWOOD BLVD. LAGO DEL REY IS ON THE WEST SIDE OF HOMEWOOD BLVD. AND YOUR CLIENTS NEW HOME!
  • Year Built: 1981
  • Carport Y N: No
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, First Floor Entry, Main Level Master, Main Living Area Entry Level, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1424.0
  • Stories: 1

Exterior Features

  • Exterior Features: Patio, Storm/Security Shutters
  • View: Garden
  • Pool Features: Association
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Guest, Two or More Spaces

Utilities

  • Security: Security System, Security SystemOwned, Smoke Detector(s)
  • Green Building Features: Exterior Lighting
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 417.0
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Pool, Tennis Court(s)
  • Association #2 Fee: 417.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional, No

Fee Information

  • Association Fee Includes: Cable TV, Parking, Pool(s), Recreation Facilities, Reserve Fund, Roof, Sewer, Trash, Water

Schools

  • Elementary School: Opa Locka
  • High School: Atlantic Technical
  • Middle Or Junior School: Carver; G.W.

Lot Info

  • Parcel #: 12434619320190052

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 826.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2019
Closed on
Aug 30, 2019
Sold by
Kovit Alan
Bought by
Hulburd Tisha
Seller's Agent
Lauren Kovit
LoKation
Buyer's Agent
Rachael Barach
RE/MAX Preferred
List Price
$221,900
Sold Price
$221,500
Premium/Discount to List
-$400
-0.18%
Current Estimated Value
$320,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,376
Avg. Annual Appreciation
6.90%
Original Mortgage
$155,050
Outstanding Balance
$137,546
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$193,536

Purchase Details

Listed on
Jul 13, 2018
Closed on
Aug 30, 2018
Sold by
Yelton Jamie Elizabeth Ohler and Yelton Jamie E
Bought by
Kovit Alan
Seller's Agent
Isaac Abolafia
AIM Realty Group
Buyer's Agent
Isaac Abolafia
AIM Realty Group
List Price
$184,999
Sold Price
$175,000
Premium/Discount to List
-$9,999
-5.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.57%
Original Mortgage
$162,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2011
Sold by
Ohler Leslie Anne
Bought by
Ohler Leslie Anne

Purchase Details

Closed on
May 24, 2004
Sold by
Scarpa Mariano
Bought by
Ohler Leslie Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 29, 2000
Sold by
Cohen Vera
Bought by
Scarpa Mariano
Source: Public Records

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Range of Values:

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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 $221,500 Capital Abstract & Title
Warranty Deed $175,000 Capital Abstract & Title
Interfamily Deed Transfer -- None Available
Warranty Deed $175,000 --
Warranty Deed $79,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $155,050 New Conventional
Previous Owner $162,750 New Conventional
Previous Owner $97,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2022 04/08/22 Sold $335,000 -4.3% $235 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
01/20/2022 01/20/22 For Sale $350,000 0.0% $246 / Sq Ft
03/15/2021 03/15/21 Rented $1,750 -2.8% --
02/13/2021 02/13/21 Under Contract -- -- --
01/28/2021 01/28/21 For Rent $1,800 +9.1% --
11/25/2019 11/25/19 Rented $1,650 -8.3% --
10/26/2019 10/26/19 Under Contract -- -- --
09/10/2019 09/10/19 For Rent $1,800 0.0% --
08/30/2019 08/30/19 Sold $221,500 -0.2% $156 / Sq Ft
07/31/2019 07/31/19 Pending -- -- --
07/23/2019 07/23/19 For Sale $221,900 +26.8% $156 / Sq Ft
08/31/2018 08/31/18 Sold $175,000 -5.4% $123 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
07/13/2018 07/13/18 For Sale $184,999 -- $130 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $5,155 $270,000 -- --
2023 $5,851 $295,000 $0 $295,000
2022 $3,938 $181,500 $0 $0
2021 $3,501 $165,000 $0 $165,000
2020 $3,529 $165,000 $0 $165,000
2019 $2,411 $150,000 $0 $150,000
2018 $2,692 $125,000 $0 $125,000
2017 $826 $70,479 $0 $0
2016 $834 $69,029 $0 $0
2015 $856 $68,549 $0 $0
2014 $864 $68,005 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10131008

BeachesMLS (Greater Fort Lauderdale)

APN: 12-43-46-19-32-019-0052