NOT LISTED FOR SALE

970 Bolender Dr Delray Beach, FL 33483

Tropic Isle Neighborhood

Estimated Value: $3,253,000 - $5,218,995

0.27 Acre
$16,786,107 Price per Acre
11,761 Sq Ft Lot

Last Sold December 27, 2019

Last sale price $1,800,000 $559 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $30,232/month

74 Days on Market

Highlights

  • Property has ocean access
  • Home fronts navigable water
  • Paved or Partially Paved Lot
  • Boca Raton Community Middle School Rated A-
  • Intracoastal View

About This Lot

As of December 2019

Build opportunity or complete renovation, DIRECT INTRACOASTAL - 132 ft. located in highly sought after Tropic Isle, Delray Beach. Beautiful views from this prime location! Land Survey attached to listing, 11,932 sqft lot. Seawall comes with warranty, cap and battered, 20k pound boat lift. There is a 4 bedroom 3 bathroom house w/3,220 sqft under air on the lot currently. Brand New build listed at 3.4, best priced new build on the intracoastal in the entire city!

Last Agent to Sell the Property

Joe Aouad

JM Realty Group License #3148778 Listed on: 09/13/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $24,455

Lot Details

  • 0.27 Acre Lot
  • Home fronts navigable water
  • Property fronts an intracoastal waterway
  • West Facing Home
  • Paved or Partially Paved Lot
  • Site Plan Filed
  • Property is zoned R-1-AA

Additional Features

  • Intracoastal Views
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 12434628010001190

Community Details

Overview

  • Tropic Isle Subdivision

Recreation

  • Property has ocean access
  • No Fixed Bridges

Property Details

Property Type

Land

Est. Annual Taxes

$24,455

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Federal to Tropic Blvd, East on Tropic Blvd, Right on Spanish Trail, East on Bolender Dr, house at the end of the cul-de-sac.
  • Special Features: VirtualTour

Exterior Features

  • View: Intercoastal
  • Lot Features: City Lot
  • Road Surface Type: Paved
  • Waterfront Features: Intracoastal Access, Navigable Water, No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Direction Faces: West

Lot Info

  • Parcel #: 12434628010001190
  • Development Status: Site Plan Filed
  • Lot Size Acres: 0.27
  • Lot Size: 132
  • Lot Size Sq Ft: 11932.0
  • Zoning Description: R-1-AA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 24455.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2019
Closed on
Dec 12, 2019
Sold by
Youssef Sameh and Youssef Rasha
Bought by
Lee Charles E and Lee Christine
Seller's Agent
Joe Aouad
JM Realty Group
List Price
$1,950,000
Sold Price
$1,800,000
Premium/Discount to List
-$150,000
-7.69%
Current Estimated Value
$4,532,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,732,249
Avg. Annual Appreciation
17.13%
Original Mortgage
$1,440,000
Outstanding Balance
$1,269,567
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$3,262,682

Purchase Details

Listed on
Jan 3, 2012
Closed on
May 10, 2012
Sold by
Wethington James L
Bought by
Youssef Sameh and Youssef Rasha
Seller's Agent
Olive Belcher
Lang Realty/BR
Buyer's Agent
George Zaki
Reliable Realty Inc.
List Price
$1,475,000
Sold Price
$1,200,000
Premium/Discount to List
-$275,000
-18.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.45%
Original Mortgage
$715,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2010
Sold by
Wethington Pamela M
Bought by
Wethington James L

Purchase Details

Closed on
Jul 14, 1997
Sold by
Wilson Harvey J
Bought by
Wethington Larry and Wethington Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7.98%
Mortgage Type
New Conventional
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
Lee Charles E $1,800,000 Exceptional Ttl Ins Agcy & E
Youssef Sameh $1,200,000 Princeton Title & Escrow Llc
Wethington James L -- None Available
Wethington Larry $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Charles E $1,440,000
Previous Owner Youssef Sameh $715,000
Previous Owner Wethington Larry $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/27/2019 12/27/19 Sold $1,800,000 -7.7% $559 / Sq Ft
11/27/2019 11/27/19 Pending -- -- --
09/13/2019 09/13/19 For Sale $1,950,000 0.0% $606 / Sq Ft
08/01/2012 08/01/12 Rented $5,000 -5.7% --
07/02/2012 07/02/12 Under Contract -- -- --
05/31/2012 05/31/12 For Rent $5,300 0.0% --
05/10/2012 05/10/12 Sold $1,200,000 -18.6% $373 / Sq Ft View Prior Sale
04/10/2012 04/10/12 Pending -- -- --
01/03/2012 01/03/12 For Sale $1,475,000 -- $458 / 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 $78,117 $4,314,158 -- --
2023 $42,823 $1,503,509 $0 $0
2022 $35,860 $1,366,826 $0 $0
2021 $25,303 $1,242,569 $1,200,000 $42,569
2020 $25,531 $1,243,111 $1,200,000 $43,111
2019 $25,756 $1,240,246 $1,200,000 $40,246
2018 $24,455 $1,202,729 $1,158,750 $43,979
2017 $24,579 $1,202,729 $1,158,750 $43,979
2016 $23,545 $1,069,291 $0 $0
2015 $21,497 $972,083 $0 $0
2014 $21,331 $949,934 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Joe Aouad

    JM Realty Group

    Section Image

  • O

    Seller's Agent in 2012

    Olive Belcher

    Lang Realty/BR

    (561) 271-6922

    7 in this area

    53 Total Sales

    Olive Belcher
    Section Image

  • G

    Seller's Agent in 2012

    George Zaki

    Reliable Realty Inc.

    (561) 239-0326

    15 Total Sales

    George Zaki
    Section Image

  • M

    Buyer's Agent in 2012

    Matthew Belkin P.A.

    BEX Realty, LLC

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Map

Source: BeachesMLS

MLS Number: R10560981

BeachesMLS

APN: 12-43-46-28-01-000-1190

Florida Palm Beach County Delray Beach 33483 Tropic Isle

970 Bolender Dr, Delray Beach, FL

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