NOT LISTED FOR SALE

881 Marina Del Ray Ln Unit 2 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $398,000 - $503,000

3 Beds
2.5 Baths
2,335 Sq Ft
$193/Sq Ft Est. Value

Last Sold May 10, 2021

Last sale price $320,000 $137 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,579/month

326 Days on Market

Highlights

  • Lake Front
  • Clubhouse
  • Wood Flooring
  • Gated with Attendant
  • Roman Tub
  • Loft

About This Home

As of May 2021

CALLING ALL INVESTOR - Property has Tenant in place! Wonderful Lake Front water views from this 2 Story Beautiful Contemporary CBS bright & airy home; 3 bedrooms with generous walk-in closets, 2 full baths plus a half bath; Open Loft can be used as a den, office or study as an added feature upstairs. Charming Townhouse comes complete with attached 2 car garage, laundry room, volume ceilings in spacious living room & dining room, open kitchen w/stainless steel appliances, breakfast nook, Hurricane impact windows and lovely open patio area to relax with amazing lake???????????????????????????????????????? views.

Last Agent to Sell the Property

Phatavanh Olsen

Douglas Elliman License #3308465 Listed on: 05/18/2020

Douglas Elliman

Co-Listed By

Derek Olsen

Douglas Elliman License #3308016

Last Buyer's Agent

EROL SUUCTUGU

Heartland Realty Group LLC License #3365586

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,070

Year Built

  • Built in 2005

HOA Fees

  • $565 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Entry on the 2nd floor
  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 2,335 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Entrance Foyer
  • Combination Dining and Living Room
  • Den
  • Loft
  • Lake Views

Kitchen

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

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Roman Tub

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Patio
  • Lake Front

Listing and Financial Details

  • Assessor Parcel Number 74434317310060012

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, ground maintenance, maintenance structure, pest control, pool(s), roof, sewer, security, trash, water, internet
  • 375 Units
  • Cityside Condo Subdivision

Amenities

  • Clubhouse
  • Game Room
  • Community Wi-Fi

Recreation

  • Community Pool
  • Trails

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Impact Glass

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,070

Year Built

Built in 2005

Lot Details

0

HOA Fees

$565 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: 1-95 to Palm Beach Lakes Blvd, East to Congress, Right to Guard Gate on the Right Hand Side.
  • Year Built: 2005
  • Entry Level: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Entrance Foyer, Eat-in Kitchen, Garden Tub/Roman Tub, High Ceilings, Living/Dining Room, Walk-In Closet(s), Loft
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile, Other, Wood
  • Living Area: 2335.0
  • Dining Room Type: Den, Laundry, Loft
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Patio
  • View: Lake
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Spanish Tile, Tile

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Gated with Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 565.0
  • Community Features: Clubhouse, Game Room, Gated, Internet Access, Property Manager On-Site, Pool, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Clubhouse, Management, Pool, Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

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

Lot Info

  • Parcel #: 74434317310060012
  • Zoning Description: MF32(c

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5070.0

Multi Family

  • Number Of Units In Community: 375

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2020
Closed on
May 10, 2021
Sold by
Burigatto Arturo V
Bought by
Suuctugu Hamide
Seller's Agent
Phatavanh Olsen
Douglas Elliman
Buyer's Agent
EROL SUUCTUGU
Heartland Realty Group LLC
List Price
$325,000
Sold Price
$320,000
Premium/Discount to List
-$5,000
-1.54%
Current Estimated Value
$449,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,602
Avg. Annual Appreciation
7.94%
Original Mortgage
$288,000
Outstanding Balance
$261,000
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$188,602

Purchase Details

Closed on
Jun 22, 2005
Sold by
Communities Finance Co Llc
Bought by
Burigatto Arturo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.5%
Mortgage Type
Fannie Mae Freddie Mac
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
Suuctugu Hamide $320,000 First American Title Ins Co
Suuctugu Hamide $320,000 First American Title
Burigatto Arturo $385,905 First Fidelity Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Suuctugu Hamide $288,000
Closed Suuctugu Hamide $288,000
Previous Owner Burigatto Arturo $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2021 05/10/21 Sold $320,000 +13813.0% $137 / Sq Ft
04/10/2021 04/10/21 Pending -- -- --
08/03/2020 08/03/20 Rented $2,300 -4.2% --
07/04/2020 07/04/20 Under Contract -- -- --
07/01/2020 07/01/20 For Rent $2,400 0.0% --
05/18/2020 05/18/20 For Sale $325,000 0.0% $139 / Sq Ft
03/17/2018 03/17/18 Rented $2,200 -8.3% --
02/15/2018 02/15/18 Under Contract -- -- --
11/03/2017 11/03/17 For Rent $2,400 +9.1% --
11/01/2016 11/01/16 Rented $2,200 -4.3% --
10/02/2016 10/02/16 Under Contract -- -- --
09/08/2016 09/08/16 For Rent $2,300 +24.3% --
02/04/2013 02/04/13 For Rent $1,850 0.0% --
02/04/2013 02/04/13 Rented $1,850 -- --
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 $7,872 $361,221 -- --
2023 $7,463 $328,383 $0 $405,000
2022 $6,493 $298,530 $0 $0
2021 $5,479 $245,000 $0 $245,000
2020 $5,028 $220,000 $0 $220,000
2019 $5,071 $220,000 $0 $220,000
2018 $4,470 $200,000 $0 $200,000
2017 $4,164 $190,000 $0 $0
2016 $3,822 $165,000 $0 $0
2015 $3,702 $153,065 $0 $0
2014 $3,483 $139,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    Phatavanh Olsen

    Douglas Elliman

    (917) 463-7299

    1 in this area

    18 Total Sales

    Phatavanh Olsen
    Section Image

  • D

    Seller Co-Listing Agent in 2021

    Derek Olsen

    Douglas Elliman

    (917) 434-2160

    1 in this area

    20 Total Sales

    Derek Olsen
    Section Image

  • E

    Buyer's Agent in 2021

    EROL SUUCTUGU

    Heartland Realty Group LLC

    (239) 216-6030

    6 in this area

    28 Total Sales

    EROL SUUCTUGU
    Section Image

  • K

    Buyer's Agent in 2020

    Kurt Campbell

    Moore Solutions Realty Group LLC

    (561) 727-9897

    9 Total Sales

    Kurt Campbell
    Section Image

  • S

    Seller's Agent in 2018

    Susana Elena Felipa

    Inactive Member

  • S

    Buyer's Agent in 2018

    Stephanie Wilson

    Coral Cove Realty Inc

    (561) 228-8420

    2 in this area

    10 Total Sales

    Stephanie Wilson
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10623508

BeachesMLS

APN: 74-43-43-17-31-006-0012

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

881 Marina Del Ray Ln Unit 2, West Palm Beach, FL

This home is located at 881 Marina Del Ray Ln Unit 2, West Palm Beach, FL 33401 since 18 May 2020 and is currently estimated at $449,602, approximately $192 per square foot. This property was built in 2005. 881 Marina Del Ray Ln Unit 2 is a home located in Palm Beach County with nearby schools including Westward Elementary School, Bear Lakes Middle School, and Palm Beach Lakes 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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