NOT LISTED FOR SALE

941 Banyan Dr Delray Beach, FL 33483

Estimated Value: $4,257,384 - $5,843,000

6 Beds
6.5 Baths
5,781 Sq Ft
$893/Sq Ft Est. Value

Last Sold September 14, 2020

Last sale price $2,800,000 $484 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $31,520/month

36 Days on Market

Highlights

  • Boat Ramp
  • Property has ocean access
  • Fitness Center
  • Boca Raton Community Middle School Rated A-
  • Home fronts navigable water
  • Private Pool

About This Home

As of September 2020

Welcome to 941 Banyan Drive in Delray Beach's famed waterfront neighborhood, Tropic Isle. This magnificent waterfront modern transitional home is situated on a quiet cul-de-sac, and showcases the most current styles and trends. An original Colestock & Muir designed home, careful consideration was taken to create the perfect balance of luxury and open entertaining spaces. This home is comfortably spacious with six en-suite bedrooms, first floor powder room, gourmet chef's kitchen with informal dining and living rooms, formal dining room, sitting room, outdoor kitchen and covered patio overlooking the resort pool and dock, and Chicago brick driveway. Uncommon construction highlights include entire home, pool and dock built on cement pilings, wide plank Brazilian wood floors,

Last Agent to Sell the Property

Elena Carissimo

Lang Realty/Delray Beach License #3387824 Listed on: 07/09/2020

Lang Realty/Delray Beach

Last Buyer's Agent

Anthony Petrolia

RE/MAX Services License #SL-0518238

RE/MAX Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,068

Year Built

  • Built in 2006

Lot Details

  • 9,720 Sq Ft Lot
  • Home fronts navigable water
  • Property is zoned B (city)

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 3 Car Garage

Interior Spaces

  • 5,781 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Fireplace
  • French Doors
  • Great Room
  • Family Room
  • Den

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • Roman Tub

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Property has ocean access
  • No Fixed Bridges
  • Canal Access

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12434628020001760

Community Details

Overview

  • Tropic Isle Subdivision

Recreation

  • Boat Ramp
  • Boating
  • Fitness Center
  • Community Pool
  • Community Spa
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,068

Year Built

Built in 2006

Lot Details

0

HOA Fees

$4 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Federal Hwy to Tropic Blvd. Turn right on Spanish Trail and then turn left on Banyan Drive. The House is on the North side.
  • Year Built: 2006
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Elevator, French Door(s)/Atrium Door(s), Fireplace, Garden Tub/Roman Tub, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Living Area: 5781.0
  • Dining Room Type: Den, Family Room, Great Room, In-Law Suite, Laundry, Storage Room
  • Stories: 2

Exterior Features

  • Pool Features: Pool, Association, Community
  • Pool Private: Yes
  • Waterfront Features: Canal Access, Navigable Water, No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Garage Yn: Yes

Utilities

  • Laundry Features: In Garage
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • 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: 4.0
  • Community Features: Boat Facilities, Non-Gated, Pool, Street Lights
  • Senior Community: No
  • Amenities: Fitness Center, Pool, Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434628020001760
  • Lot Size Sq Ft: 9720.0
  • Zoning Description: B (city)
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 30068.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2020
Closed on
Sep 8, 2020
Sold by
Kaufman Ezekiel Ari and Park Chan Joo
Bought by
Beacham Charles W and Beacham Lucy
Seller's Agent
Elena Carissimo
Lang Realty/Delray Beach
Buyer's Agent
Anthony Petrolia
RE/MAX Services
List Price
$2,845,000
Sold Price
$2,800,000
Premium/Discount to List
-$45,000
-1.58%
Current Estimated Value
$5,162,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,362,096
Avg. Annual Appreciation
12.92%

Purchase Details

Closed on
Oct 29, 2008
Sold by
Dusinberre Peter S and Dusinberre Tracey
Bought by
Kaufman Ezekiel Ari and Park Chan Joo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2006
Sold by
941 Banyan Llc
Bought by
Dusinberre Peter S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,925,000
Interest Rate
1.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 22, 2004
Sold by
Brown Theodore Shelden and Brown Theodore Sheldon
Bought by
941 Banyan Llc

Purchase Details

Closed on
Sep 16, 2004
Sold by
Zoby Elizabeth and Brown Elizabeth Terry
Bought by
941 Banyan Llc

Purchase Details

Closed on
Feb 24, 2004
Sold by
Gillette Dennis
Bought by
941 Banyan Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,550,000
Interest Rate
5.63%
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
Beacham Charles W $2,800,000 Old Republic Natl Ttl Ins Co
Kaufman Ezekiel Ari -- None Available
Dusinberre Peter S -- Spectrum Title Inc
941 Banyan Llc -- --
941 Banyan Llc -- --
941 Banyan Llc $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beacham Charles W $170,000
Previous Owner Kaufman Ezekiel $1,518,000
Previous Owner Kaufman Ezekiel A $1,500,000
Previous Owner Kaufman Ezekiel Ari $1,500,000
Previous Owner Dusinberre Peter S $1,925,000
Previous Owner 941 Banyan Llc $1,550,000
Previous Owner Brown T Jack $130,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2020 09/14/20 Sold $2,800,000 -1.6% $484 / Sq Ft
08/15/2020 08/15/20 Pending -- -- --
07/09/2020 07/09/20 For Sale $2,845,000 -- $492 / 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 $39,035 $2,166,721 -- --
2023 $39,322 $2,103,613 $0 $0
2022 $39,199 $2,042,343 $0 $0
2021 $39,397 $1,982,857 $900,000 $1,082,857
2020 $30,434 $1,525,476 $0 $0
2019 $30,069 $1,491,179 $0 $0
2018 $28,860 $1,463,375 $0 $0
2017 $28,822 $1,433,276 $0 $0
2016 $29,030 $1,403,796 $0 $0
2015 $29,821 $1,394,038 $0 $0
2014 $30,026 $1,382,974 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2020

    Elena Carissimo

    Lang Realty/Delray Beach

    (561) 362-2888

    26 Total Sales

    Section Image
  • Anthony Petrolia

    Buyer's Agent in 2020

    Anthony Petrolia

    RE/MAX

    (561) 702-5255

    92 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10637239

BeachesMLS

APN: 12-43-46-28-02-000-1760

Florida Palm Beach County Delray Beach 33483

941 Banyan Dr, Delray Beach, FL

This home is located at 941 Banyan Dr, Delray Beach, FL 33483 since 09 July 2020 and is currently estimated at $5,162,096, approximately $892 per square foot. This property was built in 2006. 941 Banyan Dr is a home located in Palm Beach County with nearby schools including Pine Grove Elementary School, Boca Raton Community Middle School, and Boca Raton Community 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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