NOT LISTED FOR SALE

969 S Ocean Blvd Delray Beach, FL 33483

Estimated Value: $7,277,000

6 Beds
10 Baths
10,349 Sq Ft
$703/Sq Ft Est. Value

Last Sold September 02, 2015

Last sale price $19,000,000 $1,836 Per Sq Ft

Current estimated payment $46,850/month

104 Days on Market

Highlights

  • Ocean Front
  • Roman Tub
  • Mediterranean Architecture
  • Heated Pool
  • Marble Flooring
  • High Ceiling

About This Home

As of September 2015

Recently rebuilt by renowned builder, Mark Timothy on 152' of ocean frontage, the home is designed for enjoyment. Complemented by full length doors and windows, natural light and ocean breezes sweep the interiors. Upon entry, a winding gated drive gives way to panoramic ocean views, and an intricately tiled vaulted loggia. Created with an unsurpassed attention to detail, the 11,462* A/C sq. ft. home features six bedrooms and seven full baths and 4CG. Highlights include a grand scale gourmet chef's kitchen with adjacent ocean oriented family room that is accented by custom glazed cabinetry and a detailed beamed ceiling. Further there is a spacious first floor master suite with office or private sitting room, and a private wood paneled library with 180' ocean view. For outdoor enjoyment,

Last Agent to Sell the Property

Candace Friis

The Corcoran Group License #582187 Listed on: 04/20/2015

The Corcoran Group

Last Buyer's Agent

Paulette Koch

The Corcoran Group License #3068398

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $259,926

Year Built

  • Built in 2001

Lot Details

  • Ocean Front
  • Property is zoned R1AA

Parking

  • 4 Car Garage
  • Garage Door Opener

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 10,349 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Custom Mirrors
  • Central Vacuum
  • Furnished
  • Built-In Features
  • High Ceiling
  • Fireplace
  • French Doors
  • Family Room
  • Formal Dining Room
  • Den
  • Ocean Views
  • Dryer

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

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

Home Security

  • Home Security System
  • Security Gate
  • Fire and Smoke Detector

Pool

  • Heated Pool
  • Pool Equipment or Cover

Utilities

  • Forced Air Zoned Heating and Cooling System

Community Details

  • Acreage Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434621000010180

Home Details

Home Type

Single Family

Est. Annual Taxes

$259,926

Year Built

Built in 2001

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: A1A North of Linton, South of Atlantic
  • Year Built: 2001
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Breakfast Area, Dining Area, Separate/Formal Dining Room, Eat-in Kitchen, Family/Dining Room, French Door(s)/Atrium Door(s), Fireplace, Garden Tub/Roman Tub, High Ceilings, Custom Mirrors, Pantry, Split Bedrooms, Walk-In Closet(s), Central Vacuum
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave
  • Full Bathrooms: 7
  • Half Bathrooms: 3
  • Total Bedrooms: 6
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Wood
  • Living Area: 10349.0
  • Dining Room Type: Den, Family Room
  • Stories: 2

Exterior Features

  • View: Ocean
  • Pool Features: Heated, Pool Equipment, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener

Utilities

  • Security: Security System, Security Gate, Smoke Detector(s)
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434621000010180
  • Zoning Description: R1AA

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 259926.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2015
Closed on
Sep 2, 2015
Sold by
969 South Ocean Llc
Bought by
Menin Craig I
Seller's Agent
Candace Friis
The Corcoran Group
Buyer's Agent
Paulette Koch
The Corcoran Group
List Price
$19,975,000
Sold Price
$19,000,000
Premium/Discount to List
-$975,000
-4.88%
Current Estimated Value
$7,277,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,723,000
Avg. Annual Appreciation
-9.16%
Original Mortgage
$10,000,000
Outstanding Balance
$7,625,079
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
-$348,079

Purchase Details

Listed on
Nov 22, 2013
Closed on
Dec 13, 2013
Sold by
Blake Alfred J and Blake Hillechina W
Bought by
969 South Ocean Llc
Seller's Agent
Bill Yahn
The Corcoran Group
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$15,375,000
Sold Price
$15,375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.18%

Purchase Details

Closed on
Apr 5, 2010
Sold by
969 South Ocean Llc
Bought by
Blake Alfred J

Purchase Details

Closed on
May 19, 2007
Sold by
Wilson Harvey J and Wilson Terry L
Bought by
969 South Ocean Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Menin Craig I $17,000,000 Attorney
969 South Ocean Llc $13,525,000 Attorney
Blake Alfred J $12,650,000 Attorney
969 South Ocean Llc $12,000,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Menin Craig I $10,000,000
Previous Owner Wilson Harvey J $5,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2015 09/02/15 Sold $19,000,000 -4.9% $1,836 / Sq Ft
08/03/2015 08/03/15 Pending -- -- --
04/20/2015 04/20/15 For Sale $19,975,000 +29.9% $1,930 / Sq Ft
12/17/2013 12/17/13 Sold $15,375,000 0.0% $1,341 / Sq Ft
12/17/2013 12/17/13 Sold $15,375,000 0.0% $1,341 / Sq Ft
12/17/2013 12/17/13 Pending -- -- --
11/22/2013 11/22/13 For Sale $15,375,000 -21.2% $1,341 / Sq Ft
11/17/2013 11/17/13 Pending -- -- --
11/01/2013 11/01/13 For Sale $19,500,000 -- $1,700 / 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 $296,023 $16,263,695 -- --
2023 $298,424 $15,789,995 $0 $0
2022 $297,890 $15,330,092 $0 $0
2021 $299,589 $14,883,584 $0 $0
2020 $298,056 $14,678,091 $11,700,300 $2,977,791
2019 $304,988 $14,853,764 $11,700,300 $3,153,464
2018 $307,942 $15,324,676 $0 $0
2017 $307,719 $15,009,477 $0 $0
2016 $328,887 $15,546,353 $0 $0
2015 $283,690 $12,865,060 $0 $0
2014 $259,926 $11,695,509 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10129300

BeachesMLS

APN: 12-43-46-21-00-001-0180