NOT LISTED FOR SALE

Estimated Value: $814,000 - $997,000

2 Beds
2 Baths
950 Sq Ft
$608/mo HOA Fee

Last Sold January 13, 2022

Last sale price $735,000 $774 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,402/month

19 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Mediterranean Architecture
  • Plantation Shutters
  • Deck
  • Community Pool
  • Built-In Features

About This Home

As of January 2022

One-of-a-kind direct intracoastal condominium in East Delray with incredible views. Only a block from the beach and a step onto the dock, this quaint waterfront unit has much to bring it's new owners. Whether watching the boats or marine life pass by, this is as close as it gets. Just imagine opening the French Doors, enjoying the evening breeze, and knowing you made a fantastic life decision. From the recently upgraded kitchen to the captivating Spanish tile floors, this 2bed/2bath won't last long. As you enter this exclusive property, you are welcomed by a Koi Pond, pool, and unique architecture. It is a rare opportunity to find such a private dwelling only one mile from the lively Atlantic Avenue.

Last Agent to Sell the Property

William Orthwein

The Knight Group License #3335777 Listed on: 11/24/2021

Last Buyer's Agent

Jerilyn Walter

Posh Properties License #694661

Posh Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,383

Year Built

  • Built in 1961

Lot Details

  • 0.97

HOA Fees

  • $608 Monthly HOA Fees

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 950 Sq Ft Home
  • 3-Story Property
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Awning
  • Plantation Shutters
  • French Doors
  • Intracoastal Views

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Clay
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Stacked Bedrooms
  • 2 Full Bathrooms

Parking

  • Over 1 Space Per Unit
  • Guest Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Deck
  • Property fronts an intracoastal waterway
  • Flood Zone Lot

Listing and Financial Details

  • Assessor Parcel Number 12434609440000001

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, maintenance structure, pest control, pool(s), roof, sewer, trash, water
  • Palm Trail Yacht Club Con Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,383

Year Built

Built in 1961

Lot Details

0

HOA Fees

$608 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: North bound on federal, make a right on George Bush ,then left on Palm trail, then your second right, turn right
  • Year Built: 1961
  • Architectural Style: Mediterranean
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, French Door(s)/Atrium Door(s), Stacked Bedrooms
  • Furnished: Negotiable
  • Appliances: Dishwasher, Electric Water Heater, Disposal, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: French Doors
  • Flooring: Clay, Tile
  • Living Area: 950.0
  • Stories: 3
  • Window Features: Plantation Shutters

Exterior Features

  • Exterior Features: Deck, Awning(s)
  • View: Intercoastal
  • Lot Features: Flood Zone
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Patio And Porch Features: Deck
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 608.0
  • Community Features: Non-Gated, Pool
  • Senior Community: No
  • Amenities: Laundry, Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Pool(s), Roof, Sewer, Trash, Water

Lot Info

  • Parcel #: 12434609440000001
  • Lot Size: East of US-1,Flood Zone,
  • Zoning Description: res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7383.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2021
Closed on
Jan 13, 2022
Sold by
Chase Orthwein William
Bought by
Gascoyne Richard Joseph and Gascoyne Lori
Seller's Agent
William Orthwein
The Knight Group
Buyer's Agent
Jerilyn Walter
Posh Properties
List Price
$775,000
Sold Price
$735,000
Premium/Discount to List
-$40,000
-5.16%
Current Estimated Value
$880,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,153
Avg. Annual Appreciation
4.82%
Original Mortgage
$551,250
Outstanding Balance
$510,118
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$361,748

Purchase Details

Listed on
May 1, 2015
Closed on
Jul 7, 2016
Sold by
Stonebanks Frank and Liu Lena M
Bought by
Orthwein William Chase
Seller's Agent
Carol McRae
Coldwell Banker Realty /Delray Beach
Buyer's Agent
Bill Koch
Premier Estate Properties, Inc
List Price
$759,000
Sold Price
$469,000
Premium/Discount to List
-$290,000
-38.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.46%

Purchase Details

Closed on
Aug 1, 2003
Sold by
Moroney Edward J
Bought by
Stonebanks Frank

Purchase Details

Closed on
Oct 10, 2000
Sold by
Laursen Stefan
Bought by
Stonebanks Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
7.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 1999
Sold by
R Keith Stark Tr and David F Grieme Tr
Bought by
Laursen Stefan
Source: Public Records

Range of Values:

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Average Value
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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
Gascoyne Richard Joseph $735,000 Meridian International Title
Orthwein William Chase $469,000 Independence Title Ins Agenc
Stonebanks Frank $60,000 --
Stonebanks Frank $215,900 --
Laursen Stefan $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gascoyne Richard Joseph $551,250
Previous Owner Laursen Stefan $130,400
Previous Owner Laursen Stefan $172,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2022 01/13/22 Sold $735,000 -5.2% $774 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
11/24/2021 11/24/21 For Sale $775,000 +65.2% $816 / Sq Ft
07/06/2016 07/06/16 Sold $469,000 -38.2% $494 / Sq Ft
06/06/2016 06/06/16 Pending -- -- --
05/01/2015 05/01/15 For Sale $759,000 -- $799 / 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 $12,094 $695,250 -- --
2023 $12,148 $675,000 $0 $675,000
2022 $12,895 $654,900 $0 $0
2021 $7,382 $400,530 $0 $0
2020 $7,335 $395,000 $0 $395,000
2019 $7,420 $395,000 $0 $395,000
2018 $7,253 $395,000 $0 $395,000
2017 $7,399 $395,000 $0 $0
2016 $6,794 $284,350 $0 $0
2015 $6,108 $258,500 $0 $0
2014 $5,363 $235,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10760921

BeachesMLS

APN: 12-43-46-09-44-000-0001