NOT LISTED FOR SALE

Estimated Value: $129,276

Studio
0.5 Bath
576 Sq Ft
$224/Sq Ft Est. Value

Last Sold November 22, 2022

Last sale price $321,000 $557 Per Sq Ft

Current estimated payment $874/month

8 Days on Market

Highlights

  • Garden View
  • Tennis Courts
  • West Facing Home
  • No HOA
  • Central Air
  • Heating Available

About This Home

As of November 2022

Located in town within a block of Atlantic Avenue and World-Renowned Delray Beach Tennis Center, host to world class tennis championship matches; this property is currently being utilized as a boutique hair salon but can easily be customized and converted into a charming home/cottage rental or home giving the buyer an opportunity to have several options to live, earn rental income or work in downtown Delray Beach. Purchase separately or package with the neighboring property, 125 NW 3rd Avenue which consists of 2 homes (see separate listing). Delray Beach is the place to continue investing, with vibrant Atlantic Avenue dining, shopping, beaches, green market, festivals and so much more.

Last Agent to Sell the Property

Noreen Payne

Lang Realty/Delray Beach License #3342729 Listed on: 10/20/2022

Lang Realty/Delray Beach

Co-Listed By

Amy Snook

Lang Realty/Delray Beach License #3041690

Last Buyer's Agent

Frances Petti

LoKation License #3449965

LoKation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,532

Year Built

  • Built in 1947

Lot Details

  • 3,137 Sq Ft Lot
  • West Facing Home
  • Sprinkler System

Home Design

  • Flat Roof Shape

Interior Spaces

  • 0.5 Bathroom
  • 576 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Laminate Flooring
  • Garden Views

Schools

  • Plumosa School Of The Arts K-8 Elementary School
  • Atlantic High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 12434616010430051

Community Details

Overview

  • No Home Owners Association
  • Town Of Delray Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,532

Year Built

Built in 1947

Lot Details

3,137 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: East on Atlantic Avenue, take a left onto NW 3rd Ave. Property is on your right.
  • Year Built: 1947
  • Architectural Style: Other
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: None, Storage
  • Furnished: Unfurnished
  • Appliances: Electric Water Heater, Water Heater
  • Half Bathrooms: 1
  • Flooring: Laminate
  • Living Area: 576.0
  • Stories: 1
  • Window Features: Blinds

Exterior Features

  • View: Garden
  • Lot Features: Sprinklers Automatic, Sprinkler System, < 1/4 Acre
  • Pool Private: No
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Other
  • Direction Faces: West
  • Property Condition: Resale
  • Roof: Flat

Garage/Parking

  • Garage Yn: No

Utilities

  • Security: None
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community Features: Sidewalks
  • Senior Community: No
  • Amenities: Tennis Court(s)
  • Association: No
  • Pets Allowed: Yes

Schools

  • Elementary School: Plumosa School of the Arts K-8
  • High School: Atlantic

Lot Info

  • Parcel #: 12434616010430051
  • Lot Size Acres: 0.07
  • Lot Size Sq Ft: 3049.2
  • Mobile Dim Units: Feet
  • Zoning: R-1-A

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1532.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2022
Closed on
Nov 22, 2022
Sold by
Payne Otis and Payne Dorothy H
Bought by
Kfm Properties Llc
Seller's Agent
Noreen Payne
Lang Realty/Delray Beach
Buyer's Agent
Frances Petti
LoKation
List Price
$325,000
Sold Price
$321,000
Premium/Discount to List
-$4,000
-1.23%
Views
2
Current Estimated Value
$129,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$191,724

Purchase Details

Closed on
Dec 22, 2000
Sold by
Washington Tressie
Bought by
Payne Otis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.81%
Mortgage Type
Commercial
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
Kfm Properties Llc $1,185,000 Princeton Title & Escrow
Kfm Properties Llc $1,185,000 Princeton Title & Escrow
Payne Otis $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Payne Otis $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2022 11/22/22 Sold $321,000 -1.2% $557 / Sq Ft
10/29/2022 10/29/22 Pending -- -- --
10/20/2022 10/20/22 For Sale $325,000 -- $564 / 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 $2,425 $110,751 -- --
2024 $2,425 $100,683 -- --
2023 $1,889 $91,530 $45,000 $46,530
2022 $1,664 $74,986 $0 $0
2021 $1,532 $71,910 $36,750 $35,160
2020 $1,469 $73,350 $36,750 $36,600
2019 $1,372 $67,430 $35,000 $32,430
2018 $1,171 $52,330 $20,000 $32,330
2017 $1,092 $46,560 $14,320 $32,240
2016 $1,034 $42,557 $0 $0
2015 $979 $38,688 $0 $0
2014 $951 $36,348 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10840152

BeachesMLS (Greater Fort Lauderdale)

APN: 12-43-46-16-01-043-0051

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