NOT LISTED FOR SALE

Estimated Value: $2,191,000 - $3,290,000

3 Beds
2.5 Baths
1,876 Sq Ft
$1,581/Sq Ft Est. Value

Last Sold October 14, 2015

Last sale price $850,000 $453 Per Sq Ft

Est. 249% increase in value since last sale

Current estimated payment $16,783/month

13 Days on Market

Highlights

  • Boat Ramp
  • Property has ocean access
  • Intracoastal View
  • Boca Raton Community Middle School Rated A-
  • Home fronts navigable water
  • RV Access or Parking

About This Home

As of October 2015

This Charming ''Deep Water'' 3 Bedroom home is surrounded by Multi-Million dollar homes in exclusive Tropic Isle. Just off the intracoastal waterway with NO fixed bridges is a dock capable of fitting an 80'- Yacht. A short stroll to the beach and just minutes to ''Trendy'' Atlantic Avenue in downtown Delray Beach. This home is a truly MUST-SEE.

Last Agent to Sell the Property

Marie Caradonna

Coldwell Banker Realty /Delray Beach License #3284151 Listed on: 08/31/2015

Coldwell Banker Realty /Delray Beach

Co-Listed By

Deborah Magraw

One Sotheby's International Realty License #3151513

Last Buyer's Agent

David Lawrence

Home Hunters Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,554

Year Built

  • Built in 1957

Lot Details

  • 9,720 Sq Ft Lot
  • Home fronts navigable water
  • Sprinkler System
  • Fruit Trees
  • Property is zoned 1AAB

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • RV Access or Parking

Property Views

  • Intracoastal
  • Canal

Home Design

  • Concrete Roof

Interior Spaces

  • 1,876 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Formal Dining Room
  • Sun or Florida Room
  • Screened Porch
  • Ceramic Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Room in yard for a pool
  • Property has ocean access
  • No Fixed Bridges
  • Canal Access
  • Seawall
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 12434628010000500

Community Details

Overview

  • Tropic Isle Subdivision

Recreation

  • Boat Ramp
  • Boating

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,554

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: 95- E ON LINTON - JUST SOUTH OF LINTON ON FEDERAL HIGHWAY, GO EAST ON TROPIC ISLE BLVD. HOME ON LEFT.
  • Year Built: 1957
  • Architectural Style: Ranch
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dining Area, Separate/Formal Dining Room, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile
  • Living Area: 1876.0
  • Dining Room Type: Florida Room, Porch
  • Stories: 1
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Enclosed Porch, Fruit Trees, Porch, Room For Pool
  • View: Canal, Intercoastal
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Access, Navigable Water, No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Glass Enclosed, Open, Porch, Screened
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Driveway, Garage, RV Access/Parking, Two or More Spaces, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Community Features: Boat Facilities, Street Lights
  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434628010000500
  • Lot Size Sq Ft: 9720.0
  • Zoning Description: 1AAB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 5554.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2015
Closed on
Oct 14, 2015
Sold by
Gurbuz Geraldine B
Bought by
Ravi Dileep and Ravi Renu
Seller's Agent
Marie Caradonna
Coldwell Banker Realty /Delray Beach
Buyer's Agent
David Lawrence
Home Hunters Real Estate
List Price
$900,000
Sold Price
$850,000
Premium/Discount to List
-$50,000
-5.56%
Current Estimated Value
$2,965,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,115,435
Avg. Annual Appreciation
13.25%
Original Mortgage
$807,500
Outstanding Balance
$636,409
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$2,329,026

Purchase Details

Closed on
Sep 15, 2002
Sold by
Gurbuz Armagan and Gurbuz Geraldine B
Bought by
Gurbuz Geraldine B
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
Ravi Dileep $850,000 Gold Coast Title Co Svcs Inc
Gurbuz Geraldine B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ravi Dileep $807,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2015 10/14/15 Sold $850,000 -5.6% $453 / Sq Ft
09/14/2015 09/14/15 Pending -- -- --
08/31/2015 08/31/15 For Sale $900,000 -- $480 / 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 $15,127 $849,950 -- --
2023 $15,217 $825,194 $0 $0
2022 $14,783 $788,216 $0 $0
2021 $14,747 $760,663 $0 $0
2020 $14,659 $750,161 $600,000 $150,161
2019 $14,684 $743,412 $600,000 $143,412
2018 $12,955 $673,405 $0 $0
2017 $13,393 $640,464 $596,609 $43,855
2016 $13,401 $622,835 $0 $0
2015 $5,520 $283,072 $0 $0
2014 $5,554 $280,825 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10163890

BeachesMLS

APN: 12-43-46-28-01-000-0500