NOT LISTED FOR SALE

945 Banyan Dr Delray Beach, FL 33483

Estimated Value: $4,735,773 - $6,054,000

6 Beds
6.5 Baths
6,012 Sq Ft
$905/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $3,150,000 $524 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $33,756/month

87 Days on Market

Highlights

  • 90 Feet of Waterfront
  • Property has ocean access
  • Home Theater
  • Boca Raton Community Middle School Rated A-
  • Intracoastal View
  • Heated Pool

About This Home

As of August 2021

Incredible opportunity in Delray Beach's premier waterfront neighborhood Tropic Isle! LOCATION! True Boater's Paradise. Ocean access NO Fixed Bridges. This exquisite estate sits on a wide canal w/ 90ft of deepwater. Conveniently close to Boynton Beach & Boca Raton inlets. Upon entering notice the custom soaring ceilings, marble floors & open concept. Living room boasts amazing coral fireplace & full service bar located between the open kitchen & formal dining room. Newly updated luxury kitchen; all high-end appliances open to the huge family room-breakfast area. Resort style backyard boasts a covered built-in summer kitchen, pool/spa, travertine pavers & 70ft dock with lift. Whole home generator with dedicated 1000gal tank.10min to Mizner Park & Atlantic Ave.

Last Agent to Sell the Property

AJ Bergman

Bergman Realty Group License #3319580 Listed on: 04/24/2021

Last Buyer's Agent

Susan Childs

Cashmere Properties of Boca, LLC License #3218733

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,205

Year Built

  • Built in 2003

Lot Details

  • 9,720 Sq Ft Lot
  • 90 Feet of Waterfront
  • Fenced
  • Sprinkler System
  • Property is zoned R-1-AA

Parking

  • 3 Car Attached Garage
  • Circular Driveway

Property Views

  • Intracoastal
  • Canal

Home Design

  • Mediterranean Architecture
  • Studio
  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 6,012 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Custom Mirrors
  • Central Vacuum
  • Built-In Features
  • Bar
  • Vaulted Ceiling
  • Fireplace
  • Awning
  • Plantation Shutters
  • Blinds
  • Casement Windows
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Loft

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Roman Tub

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Heated Pool
  • Property has ocean access
  • No Fixed Bridges
  • Canal Access
  • Deck
  • Patio
  • Outdoor Grill

Location

  • Flood Zone Lot

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Tropic Isle 2Nd Sec Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434628020001770

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,205

Year Built

Built in 2003

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Federal Hwy south from Linton, 0.2mi left onto Tropic Blvd. 450ft make right onto Spanish Trail, road curves then another right on Spanish Trail. Left on Banyan Drive, about 800ft house on your left.
  • Year Built: 2003
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Bar, Built-in Features, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Elevator, Fireplace, Garden Tub/Roman Tub, High Ceilings, Custom Mirrors, Pantry, Split Bedrooms, Vaulted Ceiling(s), Bar, Walk-In Closet(s), Central Vacuum, Loft
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Wood
  • Living Area: 6012.0
  • Dining Room Type: Den, Family Room, Laundry, Loft, Media Room, Studio
  • Stories: 3
  • Window Features: Blinds, Casement Window(s), Drapes, Impact Glass, Plantation Shutters

Exterior Features

  • Exterior Features: Deck, Fence, Outdoor Grill, Patio, Awning(s)
  • View: Canal, Intercoastal
  • Road Frontage Type: Waterfront
  • Lot Features: Flood Zone, Sprinklers Automatic, < 1/4 Acre
  • Pool Features: Heated, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Canal Access, No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Other Structures: Apartment
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale
  • Roof: Spanish Tile, Tile

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Driveway, Garage

Utilities

  • Laundry Features: Laundry Tub
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated, Street Lights
  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434628020001770
  • Lot Size Sq Ft: 9720.0
  • Zoning Description: R-1-AA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 41205.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2021
Closed on
Aug 19, 2021
Sold by
Marantz Adrian David and The Adrian David Marantz Revoc
Bought by
Monaco Joseph and Monaco Jamie
Seller's Agent
AJ Bergman
Bergman Realty Group
Buyer's Agent
Susan Childs
Cashmere Properties of Boca, LLC
List Price
$2,950,000
Sold Price
$3,150,000
Premium/Discount to List
$200,000
6.78%
Current Estimated Value
$5,441,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,291,443
Avg. Annual Appreciation
14.27%
Original Mortgage
$2,362,500
Outstanding Balance
$2,172,993
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$3,247,916

Purchase Details

Listed on
Dec 15, 2015
Closed on
Mar 7, 2016
Sold by
Tuorto Andrew and Gonzalez Mytra
Bought by
Adrina David Marantz Revocable Trust and Marantz Adrian David
Seller's Agent
Myrta Gonzalez
Signature Int'l Premier Properties
Buyer's Agent
Marcy Javor
Signature One Luxury Estates LLC
List Price
$2,500,000
Sold Price
$2,375,000
Premium/Discount to List
-$125,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.31%

Purchase Details

Listed on
Jan 27, 2012
Closed on
May 18, 2012
Sold by
Emc Mortgage Corporation
Bought by
Tuorto Andrew
Seller's Agent
Brian Vanscoy
Premier Residential Group LLC
Buyer's Agent
Myrta Gonzalez
Signature Int'l Premier Properties
List Price
$1,899,000
Sold Price
$1,415,000
Premium/Discount to List
-$484,000
-25.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.94%
Original Mortgage
$1,000,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 24, 2011
Sold by
Sporn Alan and Sporn Mark
Bought by
Emc Mortgage Corporation

Purchase Details

Closed on
Jul 7, 2008
Sold by
Sporn Alan
Bought by
Goldberg Steven

Purchase Details

Closed on
May 14, 2008
Sold by
Goldberg Steven and Spbd Trust #2
Bought by
Goldberg Steven and Spbd Trust #2

Purchase Details

Closed on
Oct 23, 2007
Sold by
Goldberg Steven
Bought by
Sporn Alan

Purchase Details

Closed on
Jul 13, 2007
Sold by
Sporn Lillia
Bought by
Goldberg Steven

Purchase Details

Closed on
Jul 11, 2007
Sold by
Sporn Marc
Bought by
Goldberg Steven

Purchase Details

Closed on
Jun 3, 2003
Sold by
Sullivan Michael and Schwaninger Bobbie
Bought by
Aronoff Lilia and Sporn Marc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,365,000
Interest Rate
4.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 6, 2002
Sold by
Cosimano Philip
Bought by
Sullivan Michael and Schwaniger Bobbie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$977,000
Interest Rate
4%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 9, 2000
Sold by
Bush Elizabeth T
Bought by
Cosimano Philip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
7.93%
Mortgage Type
New Conventional
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
Monaco Joseph $3,150,000 Attorney
Adrina David Marantz Revocable Trust $2,375,000 East Coast Title Group Inc
Tuorto Andrew $1,415,000 Attorney
Emc Mortgage Corporation $650,100 None Available
Goldberg Steven -- None Available
Goldberg Steven -- None Available
Sporn Alan $650,000 Attorney
Goldberg Steven -- Attorney
Goldberg Steven -- Attorney
Aronoff Lilia $1,950,000 Complete Title Solutions
Sullivan Michael $500,000 Corporate Title Inc
Cosimano Philip $395,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monaco Joseph $2,362,500
Previous Owner Tuorto Andrew $1,000,000
Previous Owner Aronoff Lilia $1,365,000
Previous Owner Sullivan Michael $977,000
Previous Owner Cosimano Philip $316,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $3,150,000 +6.8% $524 / Sq Ft
07/21/2021 07/21/21 Pending -- -- --
04/24/2021 04/24/21 For Sale $2,950,000 +24.2% $491 / Sq Ft
03/07/2016 03/07/16 Sold $2,375,000 -5.0% $395 / Sq Ft
02/06/2016 02/06/16 Pending -- -- --
12/15/2015 12/15/15 For Sale $2,500,000 +76.7% $416 / Sq Ft
06/18/2012 06/18/12 Sold $1,415,000 -25.5% $235 / Sq Ft
05/19/2012 05/19/12 Pending -- -- --
01/27/2012 01/27/12 For Sale $1,899,000 -- $316 / 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 $57,165 $3,159,820 -- --
2023 $57,601 $3,067,786 $0 $0
2022 $57,423 $2,978,433 $0 $0
2021 $40,452 $2,035,668 $900,000 $1,135,668
2020 $41,205 $2,055,317 $0 $0
2019 $40,714 $2,009,108 $0 $0
2018 $39,083 $1,971,647 $0 $0
2017 $39,038 $1,931,094 $772,083 $1,159,011
2016 $30,459 $1,471,370 $0 $0
2015 $31,289 $1,461,142 $0 $0
2014 $31,504 $1,449,546 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10710868

BeachesMLS

APN: 12-43-46-28-02-000-1770