NOT LISTED FOR SALE

Estimated Value: $4,733,867 - $6,044,000

5 Beds
5.5 Baths
6,083 Sq Ft
$918/Sq Ft Est. Value

Last Sold July 09, 2024

Last sale price $5,175,000 $851 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $35,080/month

221 Days on Market

Highlights

  • Property has ocean access
  • Private Pool
  • Marble Flooring
  • Boca Raton Community Middle School Rated A-
  • Waterfront
  • Loft

About This Home

As of July 2024

This exquisitely renovated home, boasting a seven-figure investment from interior to exterior, features a brand new cement tile roof installed in May 2024. Come sit by the pool and watch the boats pass by, as this home is just one lot off the Intracoastal waterway. Nestled on 100' of waterfront within the prestigious Tropic Isle community, 955 Iris Drive features over 7,700 sqft of living in Delray Beach and offers an unparalleled living experience. This meticulously renovated residence effortlessly harmonizes classical grace with contemporary refinement, showcasing impeccable craftsmanship and taste. In Delray Beach, this 5-bedroom, 5.1-bathroom home with 7,727 square feet is indeed a rare find.

Last Agent to Sell the Property

Candace Friis

The Corcoran Group License #582187 Listed on: 10/30/2023

The Corcoran Group

Co-Listed By

Phillip Friis

The Corcoran Group License #3297432

Last Buyer's Agent

Ingrid Sedan

Silver Sky Realty, LLC License #3251616

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,844

Year Built

  • Built in 2004

Lot Details

  • Lot Dimensions are 100 x 100
  • Waterfront
  • Property is zoned R-1-AA

Parking

  • 3 Car Garage
  • Garage Door Opener

Interior Spaces

  • 6,083 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Partially Furnished
  • Bar
  • High Ceiling
  • Decorative Fireplace
  • Entrance Foyer
  • Great Room
  • Family Room
  • Den
  • Loft
  • Fire and Smoke Detector

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Property has ocean access

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Tropic Isle 3Rd Sec Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434628030003790

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,844

Year Built

Built in 2004

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, East on Ave. L to Spanish Trail, East on Iris Dr.
  • Year Built: 2004
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Dual Sinks, Entrance Foyer, Elevator, Fireplace, High Ceilings, Pantry, Split Bedrooms, Separate Shower, Bar, Walk-In Closet(s), Loft
  • Furnished: Partially
  • Appliances: Dryer, Dishwasher, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Decorative
  • Flooring: Ceramic Tile, Marble, Wood
  • Living Area: 6083.0
  • Dining Room Type: Den, Family Room, Great Room, Loft
  • Stories: 2

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434628030003790
  • Lot Size: 100 x 100
  • Zoning Description: R-1-AA

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 50844.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2023
Closed on
Jul 9, 2024
Sold by
Weisleder Courtland Douglas and Willard Lauren Ashley
Bought by
Fallacara Michael and Fallacara Maria
Seller's Agent
Candace Friis
The Corcoran Group
Buyer's Agent
Ingrid Sedan
Silver Sky Realty, LLC
List Price
$7,500,000
Sold Price
$5,175,000
Premium/Discount to List
-$2,325,000
-31%
Views
106
Current Estimated Value
$5,587,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$412,217
Avg. Annual Appreciation
5.47%

Purchase Details

Listed on
Jan 31, 2019
Closed on
Jan 10, 2020
Sold by
Silverman Scott R
Bought by
Weisleder Courtland Douglas and Willard Lauren Ashley
Seller's Agent
Pam Thomes
Compass Florida LLC
Buyer's Agent
Toni Valentino
Compass Florida LLC
List Price
$2,795,000
Sold Price
$2,415,000
Premium/Discount to List
-$380,000
-13.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.46%
Original Mortgage
$2,000,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2013
Sold by
Silverman Patricia J
Bought by
Silverman Scott R

Purchase Details

Closed on
Dec 2, 2004
Sold by
Gold Coast Homes Inc
Bought by
Silverman Scott R and Silverman Patricia

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
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 26, 2002
Sold by
Cohen Richard H
Bought by
Gold Coast Homes Inc

Purchase Details

Closed on
Jan 31, 2002
Sold by
Cohen Richard H and Cohen Sharon
Bought by
Cohen Richard H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,000
Interest Rate
4.25%

Purchase Details

Closed on
Jul 11, 1996
Sold by
Picone Mark A and Picone Wendy L
Bought by
Cohen Richard H and Cohen Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
7.99%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fallacara Michael $5,175,000 None Listed On Document
Weisleder Courtland Douglas $2,415,000 Attorney
Silverman Scott R -- Attorney
Silverman Scott R $2,425,000 --
Gold Coast Homes Inc $775,000 --
Cohen Richard H -- --
Cohen Richard H $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weisleder Courtland Douglas $2,000,000
Previous Owner Silverman Scott R $1,500,000
Previous Owner Cohen Richard H $487,000
Previous Owner Cohen Richard H $100,000
Previous Owner Cohen Richard H $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/09/2024 07/09/24 Sold $5,175,000 -13.7% $851 / Sq Ft
06/14/2024 06/14/24 Pending -- -- --
05/08/2024 05/08/24 Price Changed $5,999,000 +9.1% $986 / Sq Ft
04/05/2024 04/05/24 Price Changed $5,499,000 -8.2% $904 / Sq Ft
03/06/2024 03/06/24 Price Changed $5,990,000 -7.8% $985 / Sq Ft
02/20/2024 02/20/24 Price Changed $6,499,000 -7.1% $1,068 / Sq Ft
02/01/2024 02/01/24 Price Changed $6,995,000 -4.1% $1,150 / Sq Ft
01/10/2024 01/10/24 Price Changed $7,295,000 -2.7% $1,199 / Sq Ft
12/19/2023 12/19/23 For Sale $7,500,000 0.0% $1,233 / Sq Ft
12/19/2023 12/19/23 Pending -- -- --
11/06/2023 11/06/23 For Sale $7,500,000 +210.6% $1,233 / Sq Ft
01/10/2020 01/10/20 Sold $2,415,000 +11975.0% $397 / Sq Ft View Prior Sale
12/11/2019 12/11/19 Pending -- -- --
10/01/2019 10/01/19 Rented $20,000 +11.1% --
09/01/2019 09/01/19 Under Contract -- -- --
05/21/2019 05/21/19 For Rent $18,000 0.0% --
01/31/2019 01/31/19 For Sale $2,795,000 -- $459 / 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
2025 $69,668 $3,910,899 -- --
2024 $69,668 $3,805,513 -- --
2023 $51,204 $2,729,285 $0 $0
2022 $51,025 $2,649,791 $0 $0
2021 $51,292 $2,572,613 $1,000,000 $1,572,613
2020 $49,448 $2,418,547 $1,000,000 $1,418,547
2019 $49,840 $2,410,860 $1,000,000 $1,410,860
2018 $46,991 $2,322,050 $985,458 $1,336,592
2017 $45,526 $2,204,655 $912,462 $1,292,193
2016 $46,319 $2,179,992 $0 $0
2015 $45,333 $2,061,787 $0 $0
2014 $43,384 $1,907,357 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10931771

BeachesMLS

APN: 12-43-46-28-03-000-3790