NOT LISTED FOR SALE

Estimated Value: $5,104,743 - $6,856,000

3 Beds
3 Baths
1,814 Sq Ft
$3,345/Sq Ft Est. Value

Last Sold January 16, 2018

Last sale price $700,000 $386 Per Sq Ft

Est. 767% increase in value since last sale

Current estimated payment $37,071/month

156 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Attached Garage
  • Patio
  • Garden View
  • Walk-In Closet
  • Forced Air Zoned Heating and Cooling System

About This Home

As of January 2018

The ocean’s sugar sands beckon just a block away from this charming beach retreat offering the best of Delray Beach living, a short 2-block walk from Atlantic Avenue. Tropical foliage surrounds this authentic Old Florida cottage in a lovely setting with shady garden patio. This prime property lends itself to a custom renovation, or creating a new home, also with the potential for multifamily development. SEE SUPPLEMENT DISCLAIMER: The written and verbal information provided including but not limited to prices, measurements, square footages, lot sizes, calculations and statistics have been obtained and conveyed from third parties such as the applicable Multiple Listing Service, public records as well as other sources. All information including that produced by the Sellers or Listing Company are subject to errors, omissions or changes without notice and should be independently verified by any prospect for the purchase of a Property. The Sellers and Listing Company expressly disclaim any warranty or representation regarding all information. Prospective purchasers' use of this or any written and verbal information is acknowledgement of this disclaimer and that Prospects shall perform their own due diligence. Prospective purchasers shall not rely on any written or verbal information provided when entering into a contract for sale and purchase. Some affiliations may not be applicable to certain geographic areas. If your property is currently listed, please do not consider this a solicitation. In the event a Buyer defaults, no commission will be paid to either Broker on the Deposits retained by the Seller. "No Commissions Paid until Title Passes." Buyer pays title insurance, Florida documentary stamps, and all other closing costs for New Construction and land use. Copyright 2016 Listing Company. All Rights Reserved.

Last Agent to Sell the Property

Pascal Liguori

Premier Estate Properties, Inc License #3009820 Listed on: 08/11/2017

Last Buyer's Agent

Pascal Liguori

Premier Estate Properties, Inc License #3009820 Listed on: 08/11/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,116

Year Built

  • Built in 1948

Lot Details

  • 6,485 Sq Ft Lot
  • North Facing Home
  • Sprinkler System

Parking

  • 1 Car Attached Garage

Home Design

  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 1,814 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Combination Dining and Living Room
  • Garden Views
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Beach Lots Delray Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434616220240030

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,116

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: East On Atlantic Ave. to Gleason, go south to property on the left. Corner of Gleason and Coconut Row.
  • Year Built: 1948
  • Architectural Style: Traditional
  • Unit Levels: Two
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Living/Dining Room, Tub Shower, Upper Level Primary, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Free-Standing Freezer, Disposal, Ice Maker, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile, Wood
  • Living Area: 1814.0
  • Stories: 2
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Outdoor Living Area
  • View: Garden
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Private: No
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Concrete, Tile

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage

Utilities

  • Laundry Features: Inside, Laundry Closet
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434616220240030
  • Lot Size Acres: 0.15
  • Lot Size: 89.0 ft x 73.0 ft
  • Lot Size Sq Ft: 6534.0
  • Mobile Dim Units: Feet
  • Zoning: RM

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 17116.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2023
Sold by
Barranca Holdings Llc
Bought by
Zappitell David J
Current Estimated Value
$6,067,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Outstanding Balance
$2,937,237
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$3,130,699

Purchase Details

Listed on
Aug 11, 2017
Closed on
Jan 16, 2018
Sold by
Butler Ben R
Bought by
Barranca Holdings Llc
Seller's Agent
Pascal Liguori
Premier Estate Properties, Inc
Buyer's Agent
Pascal Liguori
Premier Estate Properties, Inc
List Price
$1,095,000
Sold Price
$700,000
Premium/Discount to List
-$395,000
-36.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.04%

Purchase Details

Closed on
May 5, 2005
Sold by
Halperin Barry and Halperin Ellen
Bought by
Butler Ben R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 1, 2002
Sold by
Dawes Jacqueline A
Bought by
Halperin Barry

Purchase Details

Closed on
Mar 11, 1999
Sold by
Kelly John V and Kelly Rommy
Bought by
Dawes Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 1997
Sold by
Booty Michael D and Booty Lisa
Bought by
Kelly John V and Kelly Rommy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,400
Interest Rate
7.43%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zappitell David J -- None Listed On Document
Barranca Holdings Llc $700,000 Attorney
Butler Ben R $865,000 Southeastern Alliance Title
Halperin Barry $525,000 Southeastern Alliance Title
Dawes Alan $280,000 --
Kelly John V $235,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zappitell David J $3,000,000
Previous Owner Butler Ben R $650,000
Previous Owner Kelly John V $100,000
Previous Owner Kelly John V $210,000
Previous Owner Kelly John V $188,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/16/2018 01/16/18 Sold $700,000 -36.1% $386 / Sq Ft
12/17/2017 12/17/17 Pending -- -- --
08/11/2017 08/11/17 For Sale $1,095,000 -- $604 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $64,108 $3,785,635 -- --
2024 $64,108 $3,503,103 -- --
2023 $59,429 $3,085,932 $891,098 $2,312,123
2022 $14,454 $703,463 $0 $0
2021 $12,962 $639,512 $639,512 $0
2020 $12,639 $618,000 $618,000 $0
2019 $12,408 $600,000 $600,000 $0
2018 $12,986 $633,125 $585,141 $47,984
2017 $17,116 $821,707 $585,141 $236,566
2016 $16,780 $758,326 $0 $0
2015 $15,570 $689,387 $0 $0
2014 $14,290 $626,715 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10358143

BeachesMLS (Greater Fort Lauderdale)

APN: 12-43-46-16-22-024-0030