NOT LISTED FOR SALE

Estimated Value: $6,893,099 - $8,280,000

5 Beds
7 Baths
5,278 Sq Ft
$1,489/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $5,600,000 $1,061 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $48,375/month

87 Days on Market

Highlights

  • Property has ocean access
  • Intracoastal View
  • Roman Tub
  • Home fronts navigable water
  • Heated Pool
  • 2-minute walk to Knowles Park

About This Home

As of April 2021

The Most Magnificent Intracoastal Property in all of Delray Beach. Situated on a Point cul-de-sac Lot with breathtaking water views in every direction. This Gated Estate is located in the prestigious enclave of Rio Del Rey Shores. Two minutes from downtown Delray. No Wake Zone, over 100 feet of Water Frontage and 80+ feet Private Dockage. Dock already equipped with Water, Shore Power, Lights, and 25,000 lbs Boat Lift. This 5 bedroom, 7 bathroom home has been magnificently renovated using only the finest quality materials and workmanship. Gourmet Kitchen with beautiful Quartz Countertops and Huge Center Island. Top of the line Miele Dishwasher, 6 burner Dacor Professional gas cooktop with griddle and side by side Dacor Ovens. Huge family room off the kitchen with 85 inch Sony Ultra HDTV. Formal Dining Room with 3 suspension lights by Moooi Raimond. Elegant Living Room with gas fireplace and beautiful views of the Intracoastal. Two en suite bedrooms downstairs, one with French Doors leading out to the pool & patio. Take the elevator to the second floor and you'll find an oversized loft with custom cabinets, wet bar, double drawer wine & beverage coolers. Flat screen TV and surround sound make this area another great place to relax and watch movies. Two additional guest bedrooms upstairs both en suite, one facing East with private balcony overlooking the beautiful Intracoastal. The Master Suite is absolutely amazing. Double door entry with floor-to-ceiling windows providing spectacular views of the Intracoastal. Huge His & Her's custom closets with built-in dressers, valet pull outs, belt and tie hooks. Morning Bar with double drawer vinotemp beverage cooler, sink, and custom cabinets. Master Bathroom is equally as impressive, custom Ultra Craft acrylux cabinets with under cabinet lighting, 2 Venini fixtures, glass bathtub, Starfire glass shower enclosure, Ronbow sinks, Graff faucets, Aquabrass rainshower with tower and hand held shower head. Separate His & Her's water closet, bidet, and full feature Toto toilet. New redesigned pool and spa/waterfall. New Italian Marble pool deck with glass railing. Additional home features include auto-on Kohler generator, triple pane hurricane glass, porcelain tile with glass overlay, 3 wet bars, 2 full size dual temp Allavino wine coolers, Clear View door screens, Control 4 smart house system, eco friendly Takagi recirculating hot water heater, plantation shutters, SOMFY electric shades in every room, little gourmet insta hot in kitchen, dog/cat shower in laundry room, Honeywell Central Vac, and 3 stop elevator...garage, first floor, and second floor. This home comes fully furnished along with TV'S, electronics, and window treatments.

Last Agent to Sell the Property

Chad Presnell

Waterfront & Estate Properties License #3400050 Listed on: 12/15/2020

Last Buyer's Agent

Ursula Mullen

Arterra Luxe-Florida LLC License #3491181

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,866

Year Built

  • Built in 2001

Lot Details

  • 8,445 Sq Ft Lot
  • Home fronts navigable water
  • Property fronts an intracoastal waterway
  • West Facing Home
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Property Views

  • Intracoastal
  • Pool

Home Design

  • Mediterranean Architecture
  • Spanish Tile Roof

Interior Spaces

  • 5,278 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Furnished
  • Ceiling Fan
  • Fireplace
  • Entrance Foyer
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Bidet
  • Dual Sinks
  • Roman Tub
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Security Lights
  • Motion Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Heated Pool
  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Rio Del Rey Shores Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434621040050050

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,866

Year Built

Built in 2001

Lot Details

8,445 Sq Ft Lot

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: South Federal Hwy to SE 8th Street to SE 7th Ave South to SE 10th
  • Year Built: 2001
  • Architectural Style: Colonial, Mediterranean
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Wet Bar, Bidet, Breakfast Area, Bathtub, Closet Cabinetry, Cathedral Ceiling(s), Central Vacuum, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Elevator, Family/Dining Room, Garden Tub/Roman Tub, Jetted Tub, Kitchen Island, Pantry, Split Bedrooms, Soaking Tub, Separate Shower
  • Main Level Bedrooms: 2
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Free-Standing Freezer, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Oven, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Entry Location: Entry Level Living Area Y
  • Fireplace: Yes
  • Flooring: Carpet, Marble
  • Living Area: 5278.0
  • Stories: 2
  • Window Features: Storm Window(s)

Exterior Features

  • Exterior Features: Balcony, Lighting
  • View: Intercoastal, Pool
  • Fencing: Fenced
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: Heated, In Ground
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Intracoastal Access, Navigable Water, No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: West
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Open, Balcony
  • Property Condition: Resale
  • Roof: Spanish Tile

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Inside, Laundry Closet, Laundry Tub
  • Other Equipment: Fuel Tank(s)
  • Security: Security System Owned, Security System, Gated Community, Motion Detectors, Smoke Detector(s), Security Fence, Security Lights
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 8.33
  • Pets Allowed: Yes
  • Community Features: Home Owners Association
  • Senior Community: No
  • Amenities: None
  • Association: Yes

Lot Info

  • Parcel #: 12434621040050050
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8276.4
  • Mobile Dim Units: Feet
  • Zoning: R-1-AA

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 40866.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2020
Closed on
Apr 9, 2021
Sold by
Castleman Howard and Castleman Marcia
Bought by
Chyette Richard and Robison Christa
Seller's Agent
Chad Presnell
Waterfront & Estate Properties
Buyer's Agent
Ursula Mullen
Arterra Luxe-Florida LLC
List Price
$6,250,000
Sold Price
$5,600,000
Premium/Discount to List
-$650,000
-10.4%
Current Estimated Value
$7,857,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,257,525
Avg. Annual Appreciation
7.20%

Purchase Details

Listed on
Jun 4, 2014
Closed on
Sep 17, 2014
Sold by
U S Bank National Association
Bought by
Castleman Howard and Castleman Marcia
Seller's Agent
Brian Haggerty
Haggerty Real Estate Services
Buyer's Agent
Brian Haggerty
Haggerty Real Estate Services
List Price
$2,755,250
Sold Price
$2,050,000
Premium/Discount to List
-$705,250
-25.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.66%
Original Mortgage
$1,200,000
Interest Rate
3.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2014
Sold by
Walsh James
Bought by
U S Bank National Association

Purchase Details

Closed on
Mar 24, 2005
Sold by
Hinsch Jonathan A
Bought by
Walsh James

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
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2001
Sold by
New Millennium Builders Inc
Bought by
Hinsch Jonathan A

Purchase Details

Closed on
Oct 18, 1999
Sold by
B L R Realty
Bought by
New Millennium Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$925,000
Interest Rate
7.85%
Mortgage Type
New Conventional
Source: Public Records
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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
Chyette Richard $5,600,000 Patch Reef Title Company Inc
Castleman Howard $2,050,000 Bay National Title Company
U S Bank National Association $1,700,100 None Available
Walsh James $2,000,000 --
Hinsch Jonathan A $2,000,000 --
New Millennium Builders Inc $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Castleman Howard $1,200,000
Previous Owner Walsh James $1,500,000
Previous Owner New Millennium Builders Inc $925,000
Closed Walsh James $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/09/2021 04/09/21 Sold $5,600,000 -10.4% $1,061 / Sq Ft
03/10/2021 03/10/21 Pending -- -- --
12/15/2020 12/15/20 For Sale $6,250,000 +204.9% $1,184 / Sq Ft
10/02/2014 10/02/14 Sold $2,050,000 -25.6% $388 / Sq Ft View Prior Sale
09/02/2014 09/02/14 Pending -- -- --
06/03/2014 06/03/14 For Sale $2,755,250 -- $522 / 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 $94,762 $5,466,095 -- --
2024 $94,762 $5,094,848 -- --
2023 $94,683 $4,631,680 $0 $0
2022 $82,222 $4,210,618 $0 $0
2021 $55,475 $2,738,541 $1,134,034 $1,604,507
2020 $41,359 $2,062,376 $0 $0
2019 $40,866 $2,016,008 $0 $0
2018 $39,230 $1,978,418 $0 $0
2017 $39,185 $1,937,726 $0 $0
2016 $39,475 $1,897,871 $0 $0
2015 $40,553 $1,884,678 $0 $0
2014 $27,737 $1,279,893 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10678445

BeachesMLS (Greater Fort Lauderdale)

APN: 12-43-46-21-04-005-0050

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