NOT LISTED FOR SALE

75 NE 5th Ave Unit N Delray Beach, FL 33483

Downtown Delray Beach Neighborhood

Estimated Value: $731,000 - $826,000

2 Beds
2.5 Baths
1,380 Sq Ft
$563/Sq Ft Est. Value

Last Sold March 22, 2016

Last sale price $430,000 $312 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $5,033/month

Highlights

  • Community Pool
  • Detached Garage
  • Intercom
  • Balcony
  • Porch
  • Walk-In Closet

About This Home

As of July 2019

Do you want to live in Downtown Delray? Well, this property is on Main and Main and is right in the middle of Downtown. A half mile walk to the beach and just 1 block off of trendy and popular Atlantic Avenue. Walk to festivals, art shows, restaurants, shopping and so much more. Community has it's own pool.

Last Agent to Rent the Property

Matthew Belkin

South Florida Luxury Realty, LLC License #3113860 Listed on: 05/13/2019

Last Renter's Agent

Ariel Scherzer

Talon Point Capital LLC License #3357438

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,976

Year Built

  • Built in 2001

Lot Details

  • 871

Parking

  • Detached Garage

Home Design

  • 1,380 Sq Ft Home

Kitchen

  • Built-In Oven
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 7/1/19
  • Assessor Parcel Number 12434616e80000090

Community Details

Overview

  • Town Square Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,976

Year Built

Built in 2001

Lot Details

0

Rental Info

  • Tenant Pays: Exterior Electric, Water
  • Available Date: 2019-07-01

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: 1 block north of Atlantic Ave between north and southbound Federal Highways.
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Interior Amenities: Split Bedrooms, Walk-In Closet(s), Intercom
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Water Heater, Disposal, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Laminate, Tile
  • Living Area: 1380.0

Exterior Features

  • Exterior Features: Balcony
  • Lot Features: < 1/4 Acre
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Patio And Porch Features: Balcony, Open, Porch

Garage/Parking

  • Attached Garage: No
  • Garage Yn: No
  • Parking Features: Covered, Detached, Garage

Utilities

  • Other Equipment: Intercom
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Pool
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434616e80000090

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2024
Sold by
Jacobs Barry and Jacobs Jennifer
Bought by
Scherzer Marvin and Scherzer Pnina
Current Estimated Value
$776,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$594,536
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$206,865

Purchase Details

Listed on
Mar 9, 2016
Closed on
Mar 22, 2016
Sold by
Fisher Carol Suzzane
Bought by
Jacobs Barry and Jacobs Jennifer
Seller's Agent
Donna Mincuzzi
Preferred Properties Int'l Rea
Buyer's Agent
Donna Mincuzzi
Preferred Properties Int'l Rea
Sold Price
$2,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.75%
Original Mortgage
$258,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2004
Sold by
Sharp Joseph B and Fisher Carol Suzanne
Bought by
Fisher Carol Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,000
Interest Rate
5.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2001
Sold by
Town Square Of Delray Assocs C
Bought by
Sharp Joseph B and Sharp Carol S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,540
Interest Rate
7.1%
Mortgage Type
Credit Line Revolving
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
Scherzer Marvin $750,000 Delray Beach Title
Jacobs Barry $430,000 Corporate Title Inc
Fisher Carol Suzanne -- Team Title South Inc
Sharp Joseph B $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scherzer Marvin $600,000
Previous Owner Jacobs Barry $258,000
Previous Owner Fisher Carol Suzanne $262,000
Previous Owner Sharp Joseph B $59,540
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2019 07/05/19 Rented $2,500 -7.4% --
06/05/2019 06/05/19 Under Contract -- -- --
05/13/2019 05/13/19 For Rent $2,700 +8.0% --
07/01/2017 07/01/17 Rented $2,500 -10.7% --
06/07/2017 06/07/17 Under Contract -- -- --
04/28/2017 04/28/17 For Rent $2,800 +12.0% --
05/01/2016 05/01/16 Rented $2,500 -99.4% --
04/01/2016 04/01/16 Under Contract -- -- --
03/22/2016 03/22/16 Sold $430,000 0.0% $312 / Sq Ft
03/09/2016 03/09/16 For Rent $2,500 0.0% --
02/21/2016 02/21/16 Pending -- -- --
10/29/2015 10/29/15 For Sale $450,000 -- $326 / 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 $10,976 $519,756 -- --
2023 $10,494 $472,505 $0 $0
2022 $9,839 $429,550 $0 $0
2021 $8,547 $405,000 $0 $405,000
2020 $7,758 $355,000 $0 $355,000
2019 $7,475 $338,000 $0 $338,000
2018 $7,580 $350,000 $0 $350,000
2017 $7,831 $355,000 $0 $0
2016 $3,959 $212,608 $0 $0
2015 $4,056 $211,130 $0 $0
2014 $4,075 $209,454 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Landlord's Agent in 2019

    Matthew Belkin

    South Florida Luxury Realty, LLC

    (561) 789-5223

    1 in this area

    41 Total Sales

    Matthew Belkin
    Section Image

  • A

    Tenant's Agent in 2019

    Ariel Scherzer

    Talon Point Capital LLC

    (917) 562-6095

    10 Total Sales

    Ariel Scherzer
    Section Image

  • D

    Seller's Agent in 2016

    Donna Mincuzzi

    Preferred Properties Int'l Rea

    (561) 654-9607

    6 Total Sales

    Donna Mincuzzi
    Section Image
  • Anthony Petrolia

    Seller's Agent in 2016

    Anthony Petrolia

    RE/MAX

    (561) 702-5255

    90 Total Sales

    Anthony Petrolia
    Section Image

  • A

    Seller Co-Listing Agent in 2016

    Andrea Verbeck

    RE/MAX

    (561) 350-3331

    27 Total Sales

    Andrea Verbeck
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10529950

BeachesMLS

APN: 12-43-46-16-E8-000-0090

Florida Palm Beach County Delray Beach 33483 Downtown Delray Beach

75 NE 5th Ave Unit N, Delray Beach, FL

This home is located at 75 NE 5th Ave Unit N, Delray Beach, FL 33483 since 13 May 2019 and is currently priced at $776,723. This property was built in 2001. 75 NE 5th Ave Unit N is a home located in Palm Beach County with nearby schools including Pine Grove Elementary School, 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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