NOT LISTED FOR SALE

Estimated Value: $1,971,126 - $2,843,000

3 Beds
3.5 Baths
1,856 Sq Ft
$1,272/Sq Ft Est. Value

Last Sold May 20, 2021

Last sale price $1,650,000 $889 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $14,934/month

Highlights

  • Roman Tub
  • Garden View
  • 2 Car Attached Garage
  • Marble Flooring
  • Circular Driveway
  • Built-In Features

About This Home

As of May 2021

This beautiful Old Florida style home located at 38 Spanish River Drive in the highly desirable, upscale community of Ocean Ridge was designed to provide the best in amenities and value near the beach. Polished marble floors throughout this sprawling 1,856 square foot home flow seamlessly from room to room, connecting an open floor plan awash in warm natural light. Within this open floor plan, a recently renovated kitchen features recessed lighting and custom wood cabinets as well as a granite snack bar that is perfect for entertaining guests and having a casual meal, and a separate dining area looks out to the lush back yard garden. The spacious master suite features a large walk-in closet and a master bath with his and her vanities, a separate walk-in shower, and a spa-whirlpool tub. . This home's charming curb appeal is accentuated by a brick-paved circular drive way, beautifully maintained mature landscaping, plantation shutters, and an attached 2-car garage. Just minutes from one of the most beautiful stretches of beach in the county, this Ocean Ridge home is conveniently located between Delray and Palm Beach and offers the best of both worlds!

Last Agent to Sell the Property

Steven Presson

The Corcoran Group License #3135349 Listed on: 04/27/2021

The Corcoran Group

Last Buyer's Agent

Donald Gorbach

Gorbach Realty License #3460597

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,870

Year Built

  • Built in 1966

Lot Details

  • 0.29 Acre Lot
  • East Facing Home
  • Paved or Partially Paved Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Interior Spaces

  • 1,856 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Marble Flooring
  • Garden Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Utilities

  • Central Heating
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 46434522110000380

Community Details

Recreation

  • Trails

Additional Features

  • Inlet Cay Subdivision
  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,870

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Over to A1A to Inlet to Spanish River
  • Year Built: 1966
  • Unit Levels: One
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Built-in Features, Bathtub, Dual Sinks, Garden Tub/Roman Tub, Main Level Primary, Split Bedrooms, Soaking Tub, Separate Shower, Tub Shower, Walk-In Closet(s)
  • Main Level Bedrooms: 3
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Oven, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Marble
  • Living Area: 1856.0
  • Stories: 1

Exterior Features

  • Exterior Features: Outdoor Living Area
  • View: Garden
  • Lot Features: 1/4 to 1/2 Acre Lot, Sprinklers Automatic, Sprinkler System
  • Pool Private: No
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Garage, Garage Door Opener

Utilities

  • Laundry Features: Inside, Laundry Closet
  • Security: Security System, Smoke Detector(s), Security Guard
  • Cooling: Ceiling Fan(s)
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community Features: Street Lights
  • Senior Community: No
  • Amenities: Trail(s)
  • Pets Allowed: Pet Restrictions, Yes

Lot Info

  • Parcel #: 46434522110000380
  • Lot Size Acres: 0.29
  • Lot Size Sq Ft: 12632.4
  • Mobile Dim Units: Feet
  • Zoning: RSF(ci

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 16870.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2023
Sold by
Sheumack Nicholas J and Sheumack Marisa Di
Bought by
Thomas F Walker Jr And Alison S Walker 1999 R
Current Estimated Value
$2,330,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,596,000
Outstanding Balance
$1,537,172
Interest Rate
5.99%
Mortgage Type
New Conventional
Estimated Equity
$823,110

Purchase Details

Listed on
Apr 27, 2021
Closed on
May 4, 2021
Sold by
Gaines Christopher and Gaines Carol
Bought by
Sheumack Nicholas J and Disheumack Marisa Di
Seller's Agent
Steven Presson
The Corcoran Group
Buyer's Agent
Donald Gorbach
Gorbach Realty
List Price
$1,750,000
Sold Price
$1,650,000
Premium/Discount to List
-$100,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.95%

Purchase Details

Listed on
Jun 30, 2015
Closed on
Jul 16, 2015
Sold by
Bruck Joyce A
Bought by
Gaines Christopher and Gaines Carol
Seller's Agent
Steven Presson
The Corcoran Group
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$558,500
Sold Price
$558,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.34%

Purchase Details

Closed on
Oct 16, 2012
Sold by
Bruck Joyce A
Bought by
Bruck Joyce A

Purchase Details

Closed on
Sep 4, 2012
Sold by
Bruck Joyce A
Bought by
Bruck Joyce A

Purchase Details

Closed on
Mar 13, 2007
Sold by
Bruck Joyce A
Bought by
Bruck Joyce A

Purchase Details

Closed on
Mar 23, 2005
Sold by
Branson Ruth Hemmings
Bought by
Bruck Joyce A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,750
Interest Rate
5.88%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 18, 2002
Sold by
Branson Rob and Branson Ruth Hemmings
Bought by
Branson Ruth Hemmings

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,750
Interest Rate
6.85%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 1, 1999
Sold by
Pr Kristen M Desentz
Bought by
Branson Rob and Hemmings Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
6.72%
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
Thomas F Walker Jr And Alison S Walker 1999 R $1,995,000 --
Sheumack Nicholas J $1,650,000 None Available
Gaines Christopher $558,500 All County Title Svcs Inc
Bruck Joyce A -- Attorney
Bruck Joyce A -- None Available
Bruck Joyce A -- Attorney
Bruck Joyce A $565,000 --
Branson Ruth Hemmings -- --
Branson Rob $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas F Walker Jr And Alison S Walker 1999 R $1,596,000
Previous Owner Bruck Joyce A $423,750
Previous Owner Branson Ruth Hemmings $363,750
Previous Owner Branson Rob $333,500
Previous Owner Branson Rob $198,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/20/2021 05/20/21 Sold $1,650,000 -5.7% $889 / Sq Ft
04/27/2021 04/27/21 For Sale $1,750,000 0.0% $943 / Sq Ft
11/02/2020 11/02/20 Rented $10,000 0.0% --
10/03/2020 10/03/20 Under Contract -- -- --
09/17/2020 09/17/20 For Rent $10,000 -66.7% --
12/19/2018 12/19/18 Rented $30,000 +150.0% --
11/19/2018 11/19/18 Under Contract -- -- --
08/07/2018 08/07/18 For Rent $12,000 0.0% --
07/17/2015 07/17/15 Sold $558,500 0.0% $301 / Sq Ft View Prior Sale
07/17/2015 07/17/15 Sold $558,500 0.0% $301 / Sq Ft View Prior Sale
07/10/2015 07/10/15 Pending -- -- --
06/30/2015 06/30/15 For Sale $558,500 -13.9% $301 / Sq Ft
06/17/2015 06/17/15 Pending -- -- --
05/06/2015 05/06/15 For Sale $649,000 -- $350 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $30,783 $1,600,205 -- --
2024 $30,783 $1,679,034 -- --
2023 $28,923 $1,447,482 $0 $0
2022 $25,028 $1,315,893 $0 $0
2021 $16,701 $851,222 $645,560 $205,662
2020 $16,870 $870,050 $654,000 $216,050
2019 $15,730 $798,050 $582,000 $216,050
2018 $13,645 $705,172 $589,148 $116,024
2017 $13,880 $710,562 $561,094 $149,468
2016 $13,027 $646,964 $0 $0
2015 $7,793 $412,936 $0 $0
2014 $7,807 $409,659 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10711429

BeachesMLS (Greater Fort Lauderdale)

APN: 46-43-45-22-11-000-0380