NOT LISTED FOR SALE

725 S Lake Ave Delray Beach, FL 33483

Seacrest Neighborhood

Estimated Value: $763,000 - $1,068,000

3 Beds
3 Baths
2,037 Sq Ft
$448/Sq Ft Est. Value

Last Sold May 18, 2023

Last sale price $1,250,000 $614 Per Sq Ft

Est. 27% decrease in value since last sale

Current estimated payment $4,986/month

Highlights

  • Private Pool
  • Tile Flooring
  • 1-Story Property
  • In-Law or Guest Suite
  • Central Heating and Cooling System

About This Home

As of May 2023

Fantastic opportunity in area of multi-million-dollar new homes! 2 spacious cottages with gorgeous gardens and an oversized pool! Live in one and rent the other, rent out both, or redevelop the oversized lot.

Last Agent to Sell the Property

Steve Martel

Coldwell Banker Realty /Delray Beach License #3236838 Listed on: 12/28/2022

Coldwell Banker Realty /Delray Beach

Last Buyer's Agent

Steve Martel

Coldwell Banker Realty /Delray Beach License #3236838 Listed on: 12/28/2022

Coldwell Banker Realty /Delray Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,825

Year Built

  • Built in 1950

Lot Details

  • 0.26 Acre Lot
  • Property is zoned RL(cit

Home Design

  • Frame Construction

Interior Spaces

  • 2,037 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Private Pool
  • Central Heating and Cooling System

Community Details

  • La Hacienda Delray Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434609110030080

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,825

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Federal Hwy N to N Lake Ave
  • Year Built: 1950
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Tile
  • Living Area: 2037.0
  • Dining Room Type: In-Law Suite
  • Stories: 1

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block, Frame
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434609110030080
  • Lot Size: 1/4 to 1/2 Acre
  • Lot Size Sq Ft: 11215.0
  • Zoning Description: RL(cit
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4825.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2019
Sold by
Mcfadden Tricia A and Wiebelt Tricia A
Bought by
Mcfadden Tricia A
Current Estimated Value
$913,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Outstanding Balance
$105,671
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$873,646

Purchase Details

Closed on
Sep 10, 1998
Sold by
Robert H Wiebelt Tr
Bought by
Wiebelt Tricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,500
Interest Rate
6.99%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 20, 1994
Sold by
Cabrera Teresa
Bought by
Wiebelt Robert H
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mcfadden Tricia A $50,549 Mortgage Connect Lp
Wiebelt Tricia A $80,000 --
Wiebelt Robert H $37,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcfadden Tricia A $119,000
Previous Owner Wiebett Tricia $35,000
Previous Owner Mcfadden Brian S $25,000
Previous Owner Wiebelt Tricia A $69,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2023 05/18/23 Sold $1,250,000 -3.8% $614 / Sq Ft
12/28/2022 12/28/22 Pending -- -- --
12/28/2022 12/28/22 For Sale $1,300,000 -- $638 / 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 $1,413 $103,588 -- --
2023 $1,391 $100,571 $0 $0
2022 $1,338 $97,642 $0 $0
2021 $1,317 $94,798 $0 $0
2020 $1,297 $93,489 $0 $0
2019 $1,270 $91,387 $0 $0
2018 $1,202 $89,683 $0 $0
2017 $1,182 $87,838 $0 $0
2016 $1,172 $86,031 $0 $0
2015 $1,197 $85,433 $0 $0
2014 $1,201 $84,755 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Steve Martel

    Coldwell Banker Realty /Delray Beach

    (561) 278-0300

    7 in this area

    65 Total Sales

    Steve Martel
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10854294

BeachesMLS

APN: 12-43-46-09-11-004-0270

Florida Palm Beach County Delray Beach 33483 Seacrest

725 S Lake Ave, Delray Beach, FL

This home is located at 725 S Lake Ave, Delray Beach, FL 33483 since 28 December 2022 and is currently estimated at $913,585, approximately $448 per square foot. This property was built in 1950. 725 S Lake Ave 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.

Nearby Homes