NOT LISTED FOR SALE

8047 N Tranquility Lake Dr Delray Beach, FL 33446

Estimated Value: $401,188 - $482,000

2 Beds
2 Baths
1,592 Sq Ft
$268/Sq Ft Est. Value

Last Sold April 24, 2018

Last sale price $245,000 $154 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,847/month

12 Days on Market

Highlights

  • Clubhouse
  • Vaulted Ceiling
  • Community Pool
  • Spanish River Community High School Rated A+
  • Sun or Florida Room
  • Tennis Courts

About This Home

As of April 2018

This bright villa has a large formal living and dining room area, a family room off the kitchen and cathedral ceilings. Large master bathroom has separate shower and tub, his and her sinks, his and her closets. Enclosed patio is off the family room and master bedroom, Back yard has plenty of space to add an outdoor patio and BBQ. The Waterways community is just minutes to the new Delray Market and is 15 minutes to downtown Delray and the beach. This home is in excellent condition, the AC is two year new, new hot water tank and year roof was replaced in 2008. Community is pet friendly.

Last Agent to Sell the Property

Steven Torillo

REALTY WORLD FDR REALTY GROUP License #3230952 Listed on: 03/12/2018

Last Buyer's Agent

Michael Luzzi

Inactive Member License #3303256

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $675

Year Built

  • Built in 1992

Lot Details

  • 4,840 Sq Ft Lot
  • Property is zoned RS

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Villa
  • Barrel Roof Shape

Interior Spaces

  • 1,592 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Sun or Florida Room

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Motion Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

  • Carver; G.W. Middle School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00424620040000020

Community Details

Overview

  • Association fees include common areas, cable TV, ground maintenance
  • Waterways At Delray Ph 1 Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$675

Year Built

Built in 1992

Lot Details

0

HOA Fees

$250 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Villa
  • Property Sub Type Additional: Villa
  • Directions: Community is located off Atlantic Ave between Hagen Ranch Road and the turnpike.
  • Year Built: 1992
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Area, Split Bedrooms, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Laminate
  • Living Area: 1592.0
  • Dining Room Type: Florida Room
  • Stories: 1

Exterior Features

  • Exterior Features: Patio
  • Lot Features: < 1/4 Acre
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener

Utilities

  • Security: Motion Detectors, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available, Underground Utilities

Condo/Co-op/Association

  • Association Fee: 250.0
  • Community Features: Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Maintenance Grounds

Schools

  • Middle Or Junior School: Carver; G.W.

Lot Info

  • Parcel #: 00424620040000020
  • Lot Size Sq Ft: 4840.0
  • Zoning Description: RS
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 675.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2018
Closed on
Apr 24, 2018
Sold by
Hanan Robert J and Hanan Andrea
Bought by
Ferrari Mark A
Seller's Agent
Steven Torillo
REALTY WORLD FDR REALTY GROUP
Buyer's Agent
Michael Luzzi
Inactive Member
List Price
$259,000
Sold Price
$245,000
Premium/Discount to List
-$14,000
-5.41%
Current Estimated Value
$426,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,297
Avg. Annual Appreciation
7.82%
Original Mortgage
$236,823
Outstanding Balance
$205,362
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$220,935

Purchase Details

Closed on
Apr 22, 2010
Sold by
Hanan Robert J and Hanan Andrea
Bought by
Hanan Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,610
Interest Rate
5.15%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 27, 2006
Sold by
Hanan Robert J and Hanan Andrea
Bought by
Hanan Robert J

Purchase Details

Closed on
Jan 15, 2002
Sold by
Hetzman Brian J and Dionisio Felicia
Bought by
Hanan Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.08%

Purchase Details

Closed on
Jan 3, 1996
Sold by
Hallen Samuel N and Hallen G
Bought by
Hetzman Brian J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,300
Interest Rate
7.29%
Mortgage Type
New Conventional
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
Ferrari Mark A $245,000 Priority Title Inc
Hanan Robert J -- Attorney
Hanan Robert J -- Attorney
Hanan Robert J $138,250 --
Hetzman Brian J $97,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrari Alexandra $85,375
Open Ferrari Mark A $236,823
Previous Owner Hanan Robert J $50,000
Previous Owner Hanan Robert J $85,610
Previous Owner Hanan Robert J $160,000
Previous Owner Hanan Robert J $21,000
Previous Owner Hanan Robert J $100,000
Previous Owner Hetzman Brian J $87,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2018 04/24/18 Sold $245,000 -5.4% $154 / Sq Ft
03/25/2018 03/25/18 Pending -- -- --
03/12/2018 03/12/18 For Sale $259,000 0.0% $163 / Sq Ft
03/30/2015 03/30/15 Rented $2,500 0.0% --
02/28/2015 02/28/15 Under Contract -- -- --
02/25/2015 02/25/15 For Rent $2,500 0.0% --
01/01/2015 01/01/15 Rented $2,500 -16.7% --
12/02/2014 12/02/14 Under Contract -- -- --
10/23/2014 10/23/14 For Rent $3,000 -- --
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 $3,345 $223,555 -- --
2023 $3,254 $217,044 $0 $0
2022 $3,215 $210,722 $0 $0
2021 $3,179 $204,584 $0 $0
2020 $3,153 $201,759 $0 $0
2019 $3,112 $197,223 $0 $197,223
2018 $3,331 $175,181 $0 $175,181
2017 $675 $117,995 $0 $0
2016 $671 $115,568 $0 $0
2015 $678 $114,765 $0 $0
2014 $1,680 $113,854 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Steven Torillo

    REALTY WORLD FDR REALTY GROUP

    (561) 506-4437

    10 Total Sales

    Steven Torillo
    Section Image

  • M

    Buyer's Agent in 2018

    Michael Luzzi

    Inactive Member

  • J

    Buyer's Agent in 2015

    Janice Gates

    Boca West Realty LLC

    (305) 510-2411

    145 Total Sales

    Janice Gates
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10413541

BeachesMLS

APN: 00-42-46-20-04-000-0020

Florida Palm Beach County Delray Beach 33446

8047 N Tranquility Lake Dr, Delray Beach, FL

This home is located at 8047 N Tranquility Lake Dr, Delray Beach, FL 33446 since 12 March 2018 and is currently estimated at $426,297, approximately $267 per square foot. This property was built in 1992. 8047 N Tranquility Lake Dr is a home located in Palm Beach County with nearby schools including Orchard View Elementary School, Spanish River Community High School, and Carver Middle 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