NOT LISTED FOR SALE

Estimated Value: $2,769,000 - $3,625,000

3 Beds
3.5 Baths
3,344 Sq Ft
$908/Sq Ft Est. Value

Last Sold December 04, 2023

Last sale price $2,825,000 $845 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $21,305/month

19 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Great Room
  • Loft
  • High Ceiling
  • 2 Car Attached Garage

About This Home

As of December 2023

:Introducing 10Palms, Delray Beach's newest ultra-luxury townhome experience from Stamm Development Group. 10Palms is an exclusive collection of 10 upscale and vibrant townhomes in the heart of one of Delray Beach's most desirable neighborhoods, Palm Trail. Situated just steps from the Intracoastal, .5 miles from the beautiful beach and 1.5 miles from Atlantic Avenue, 10Palms is the perfect oasis for tranquility and sophistication that can be enjoyed year-round. The Sabal Palm floorplan presents a 4,021 total SF home featuring 3 bedrooms, 3.1 baths, a spacious 3rd floor club room and terrace, 2 car garage and elevator. Easy living and entertaining are the prize in the exceptional outdoor space featuring a lush private yard, pool and covered patio with a built in grill. Featuring 2 distinct

Last Agent to Sell the Property

Jennifer Kilpatrick

The Corcoran Group License #3243987 Listed on: 02/10/2022

The Corcoran Group

Last Buyer's Agent

Mark Balsom

Douglas Elliman License #3416700

Douglas Elliman

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,222

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • 4,173 Sq Ft Lot
  • Fenced
  • Sprinkler System

HOA Fees

  • $1,633 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Interior Spaces

  • 3,344 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Built-In Features
  • High Ceiling
  • Entrance Foyer
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Loft
  • Home Security System

Kitchen

  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Saltwater Pool
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12434609a20000050

Community Details

Overview

  • 10 Units
  • 10 Palms | Palm Trail Est Subdivision

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,222

Year Built

Built in 2023 | Under Construction

Lot Details

0

HOA Fees

$1,633 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: Head east on George Bush Blvd, left on Palm Trail just before the bridge, The site is on the West side of Palm Trail between McKee Ln and Witherspoon Ln
  • Year Built: 2023
  • Year Built Details: Under Construction
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Dual Sinks, Entrance Foyer, Elevator, High Ceilings, Living/Dining Room, Split Bedrooms, Separate Shower, Walk-In Closet(s), Loft
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Gas Range, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Tile, Wood
  • Living Area: 3344.0
  • Dining Room Type: Family Room, Great Room, Laundry, Loft
  • Stories: 3

Exterior Features

  • Exterior Features: Fence, Outdoor Grill
  • Lot Features: Corner Lot, Sprinklers Automatic, < 1/4 Acre
  • Pool Features: Pool, Salt Water
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Under Construction

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, On Street, Garage Door Opener

Utilities

  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1633.0
  • Community Features: Non-Gated, Sidewalks
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434609a20000050
  • Lot Size: < 1/4 Acre,Corner Lot,Ea
  • Lot Size Sq Ft: 4173.0
  • Zoning Description: RM(cit
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4222.0

Multi Family

  • Number Of Units In Community: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2022
Closed on
Dec 4, 2023
Sold by
Palm Trail Townhomes Llc
Bought by
2023 Erdman Delray Trust and Erdman
Seller's Agent
Jennifer Kilpatrick
The Corcoran Group
Buyer's Agent
Mark Balsom
Douglas Elliman
List Price
$2,850,000
Sold Price
$2,825,000
Premium/Discount to List
-$25,000
-0.88%
Views
29
Current Estimated Value
$3,035,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,441
Avg. Annual Appreciation
3.98%

Purchase Details

Closed on
Apr 22, 2021
Sold by
Palm Trail Estates Llc
Bought by
Palm Trail Townhomes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
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
2023 Erdman Delray Trust $2,825,000 Crystal Title & Escrow
2023 Erdman Delray Trust $2,825,000 Crystal Title & Escrow
Palm Trail Townhomes Llc $4,250,000 Crystal Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palm Trail Townhomes Llc $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2023 12/04/23 Sold $2,825,000 -0.9% $845 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
02/10/2022 02/10/22 For Sale $2,850,000 -- $852 / 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 $42,188 $2,307,500 -- --
2023 $7,485 $385,000 $400,000 $0
2022 $6,814 $350,000 $0 $0
2021 $4,222 $250,000 $250,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10776113

BeachesMLS

APN: 12-43-46-09-A2-000-0050