$163,500
SOLD JUN 23, 2017
2 Beds
2 Baths
1,200 Sq Ft
$550/mo HOA Fee

Recently Sold

$136 Per Sq Ft

16% Below List Price

56 Days on Market

Highlights

  • Boat Ramp
  • Fitness Center
  • Clubhouse
  • Property fronts an intracoastal waterway
  • Senior Community
  • Garden View

About This Home

As of December 2020

LOCATION! This lovely corner 1st floor unit in Tropic Bay, a beautiful boat lovers community featuring 3 heated saltwater pools, clubhouse, putting green, exercise room, storage and so much more.... Screened patio, hurricane shutters, Washer/Dryer in unit. The assoc. recently updated all patios. Walk to your boat slip at the marina just a few yards away. Sail/cruise into the Intra-coastal in minutes.

Last Agent to Sell the Property

Jessica Hollins

Continental Properties, Inc. License #3065095 Listed on: 03/28/2017

Continental Properties, Inc.

Co-Listed By

Joyce Patrick

Continental Properties, Inc. License #39083

Last Buyer's Agent

Michael Wells

Charles Rutenberg Realty FTL License #3302608

Charles Rutenberg Realty FTL

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $817

Year Built

  • Built in 1978

Lot Details

  • Property fronts an intracoastal waterway
  • Northeast Facing Home

HOA Fees

  • $550 Monthly HOA Fees

Interior Spaces

  • 1,200 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Garden Views

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Detached Garage
  • 1 Carport Space
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12434628260101550

Community Details

Overview

  • Senior Community
  • Association fees include management, common areas, cable TV, insurance, ground maintenance, maintenance structure, parking, pool(s), reserve fund, sewer, water
  • Tropic Bay Condo Subdivision
  • 5-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Game Room
  • Billiard Room
  • Community Library
  • Laundry Facilities
  • Elevator
  • Bike Room
  • Community Storage Space

Recreation

  • Boat Ramp
  • Boating
  • Shuffleboard Court
  • Fitness Center
  • Community Pool
  • Putting Green
  • Park

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$817

Year Built

Built in 1978

Lot Details

0

HOA Fees

$550 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: off Federal Highway turn onto Lamat Ave. Turn right at stop sign to un gated entrance into complex. Follow around to the left until you reach building #10 at the back of the complex.
  • Year Built: 1978
  • Carport Y N: Yes
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Living/Dining Room, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1200.0
  • Dining Room Type: Laundry
  • Stories: 5
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Patio
  • View: Garden
  • Pool Features: None, Association, Community
  • Waterfront Features: Dock Access, Intracoastal Access
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: Northeast
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Garage Yn: No
  • Parking Features: Assigned, Detached, Garage, Guest

Utilities

  • Laundry Features: Common Area
  • Green Building Features: Exterior Lighting
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 550.0
  • Community Features: Boat Facilities, Clubhouse, Fitness, Game Room, Park, Property Manager On-Site, Pool, Sauna, Shuffleboard, Dock
  • Senior Community: Yes
  • Amenities: Billiard Room, Bike Storage, Clubhouse, Fitness Center, Laundry, Library, Management, Pool, Putting Green(s), Shuffleboard Court, Sauna, Storage, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional, No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Pool(s), Reserve Fund, Sewer, Water

Lot Info

  • Parcel #: 12434628260101550
  • Zoning Description: RM(cit

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 817.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2020
Closed on
Dec 11, 2020
Sold by
Sarno Dominico A and Sarno Dixie
Bought by
Alvarez Anthony E and Alvarez Jaclyn K
Seller's Agent
Mark Lenza
Coldwell Banker Realty /Delray Beach
Buyer's Agent
Jim Boyden
Lang Realty/BR
List Price
$279,900
Sold Price
$269,900
Premium/Discount to List
-$10,000
-3.57%
Current Estimated Value
$385,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,134
Avg. Annual Appreciation
7.89%
Original Mortgage
$242,910
Outstanding Balance
$178,811
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$206,223

Purchase Details

Closed on
Jul 30, 2018
Sold by
Samo Dominic A and Samo Dixie
Bought by
Samo Dominic A

Purchase Details

Listed on
Oct 13, 2017
Closed on
Apr 5, 2018
Sold by
Wells Michael
Bought by
Sarno Dominic A
Seller's Agent
Michael Wells
Charles Rutenberg Realty FTL
Buyer's Agent
Patricia Lioulas
Coldwell Banker Realty /Delray Beach
List Price
$269,900
Sold Price
$242,500
Premium/Discount to List
-$27,400
-10.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.48%
Original Mortgage
$194,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 13, 2017
Closed on
Apr 4, 2018
Sold by
Florez Renee
Bought by
Wells Michael
Seller's Agent
Michael Wells
Charles Rutenberg Realty FTL
Buyer's Agent
Patricia Lioulas
Coldwell Banker Realty /Delray Beach
List Price
$269,900
Sold Price
$242,500
Premium/Discount to List
-$27,400
-10.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 28, 2017
Closed on
Jun 23, 2017
Sold by
Egna Robert
Bought by
Wells Michael
Seller's Agent
Jessica Hollins
Continental Properties, Inc.
Buyer's Agent
Michael Wells
Charles Rutenberg Realty FTL
List Price
$194,000
Sold Price
$163,500
Premium/Discount to List
-$30,500
-15.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.76%

Purchase Details

Closed on
Mar 30, 2001
Sold by
Lawrence E Egna M
Bought by
Egna Lawrence

Purchase Details

Closed on
Nov 17, 1997
Sold by
Dagostino Nina B and Dagostino Petri J
Bought by
Egna Lawrence E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
7.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 1997
Sold by
Sherman Devoria S
Bought by
Dagostino Nina 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 Type Sale Price Title Company
Warranty Deed $269,900 Sunbelt Title Agency
Interfamily Deed Transfer -- Attorney
Warranty Deed $242,500 Independence Title Inc
Warranty Deed -- Attorney
Warranty Deed $163,500 Title Trust Svcs Llc
Quit Claim Deed -- --
Warranty Deed $65,000 --
Warranty Deed $45,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $242,910 New Conventional
Previous Owner $194,000 New Conventional
Previous Owner $35,000 Credit Line Revolving
Previous Owner $55,000 New Conventional
Previous Owner $37,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2020 12/11/20 Sold $269,900 -3.6% $225 / Sq Ft
11/11/2020 11/11/20 Pending -- -- --
08/02/2020 08/02/20 For Sale $279,900 +15.4% $233 / Sq Ft
04/05/2018 04/05/18 Sold $242,500 -10.2% $202 / Sq Ft
03/06/2018 03/06/18 Pending -- -- --
10/13/2017 10/13/17 For Sale $269,900 +65.1% $225 / Sq Ft
06/23/2017 06/23/17 Sold $163,500 -15.7% $136 / Sq Ft
05/24/2017 05/24/17 Pending -- -- --
03/28/2017 03/28/17 For Sale $194,000 -- $162 / 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 $4,545 $278,164 -- --
2023 $4,489 $260,605 $0 $0
2022 $4,231 $244,417 $0 $0
2021 $3,917 $229,483 $0 $0
2020 $4,397 $210,000 $0 $210,000
2019 $4,242 $200,000 $0 $200,000
2018 $4,154 $200,000 $0 $200,000
2017 $4,236 $200,000 $0 $0
2016 $817 $72,995 $0 $0
2015 $842 $72,488 $0 $0
2014 $851 $71,913 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10320304

BeachesMLS

APN: 12-43-46-28-26-010-1550