NOT LISTED FOR SALE

Delray Beach, FL 33483

Downtown Delray Beach Neighborhood

Estimated Value: $472,000 - $970,000

2 Beds
2 Baths
1,050 Sq Ft
$656/Sq Ft Est. Value

Last Sold October 18, 2024

Last sale price $490,000 $467 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,189/month

73 Days on Market

Highlights

  • 1 Car Attached Garage
  • Central Heating
  • North Facing Home
  • Separate Shower in Primary Bathroom
  • Ceiling Fan
  • 4-minute walk to 505 Teen Center and Hobbit Skate Park

About This Home

As of October 2024

Distressed sale sold for land value.

Last Agent to Sell the Property

Alex Platt

Compass Florida LLC License #3240699 Listed on: 07/11/2024

Compass Florida LLC

Co-Listed By

Margot Platt

Compass Florida LLC License #3507520

Last Buyer's Agent

Alex Platt

Compass Florida LLC License #3240699 Listed on: 07/11/2024

Compass Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,772

Year Built

  • Built in 1980

Lot Details

  • 6,704 Sq Ft Lot
  • Lot Dimensions are 132x51
  • North Facing Home

Parking

  • 1 Car Attached Garage

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,050 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating

Community Details

  • Osceola Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434621010130330

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,772

Year Built

Built in 1980

Lot Details

6,704 Sq Ft Lot

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: 7 Blocks South of Atlantic Ave on Federal. Right on SE 7th St. Behind RubDub
  • Year Built: 1980
  • Unit Levels: One
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Split Bedrooms, Separate Shower
  • Main Level Bedrooms: 2
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Free-Standing Freezer, Disposal, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Other
  • Living Area: 1050.0
  • Stories: 1

Exterior Features

  • View: Other
  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Other, Vinyl Siding
  • Direction Faces: North
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

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

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 12434621010130330
  • Lot Size Acres: 0.15
  • Lot Size: 132x51
  • Lot Size Sq Ft: 6534.0
  • Mobile Dim Units: Feet
  • Zoning: R-1-A(

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7772.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2024
Closed on
Oct 18, 2024
Sold by
Galeati Andreas D
Bought by
Trust Financial Llc
Seller's Agent
Alex Platt
Compass Florida LLC
Buyer's Agent
Alex Platt
Compass Florida LLC
List Price
$750,000
Sold Price
$490,000
Premium/Discount to List
-$260,000
-34.67%
Views
8
Current Estimated Value
$688,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,765
Avg. Annual Appreciation
29.18%
Original Mortgage
$600,000
Outstanding Balance
$590,925
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$97,840

Purchase Details

Closed on
Mar 1, 2010
Sold by
Pennacchio Joseph and Pennacchio Judith
Bought by
Galeati Andreas D

Purchase Details

Closed on
Feb 11, 2004
Sold by
Briese Frederick P and Briese Dale L
Bought by
Pennacchio Scott J and Pennacchio Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,800
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 4, 2002
Sold by
Clayton Ronald A
Bought by
Briese Frederick P and Briese Dale L

Purchase Details

Closed on
Jun 8, 1995
Sold by
Joyner Oscar P and Joyner Helen A
Bought by
Clayton Ronald A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,200
Interest Rate
8.21%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Trust Financial Llc $490,000 Independence Title
Trust Financial Llc $490,000 Independence Title
Trust Financial Llc $490,000 Independence Title
Galeati Andreas D $180,000 All American Title & Abstrac
Pennacchio Scott J $246,000 Title Insurance Agency Inc
Briese Frederick P $176,500 Royalty Title Inc
Clayton Ronald A $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trust Financial Llc $600,000
Closed Trust Financial Llc $600,000
Previous Owner Pennacchio Scott J $196,800
Previous Owner Clayton Ronald A $58,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2024 10/18/24 Sold $490,000 -10.9% $467 / Sq Ft
09/23/2024 09/23/24 Pending -- -- --
09/23/2024 09/23/24 Price Changed $550,000 -12.0% $524 / Sq Ft
09/03/2024 09/03/24 Price Changed $625,000 -10.6% $595 / Sq Ft
07/22/2024 07/22/24 Price Changed $699,000 -6.8% $666 / Sq Ft
07/11/2024 07/11/24 For Sale $750,000 -- $714 / 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 $7,695 $400,031 -- --
2024 $7,695 $339,089 -- --
2023 $7,772 $308,263 $0 $0
2022 $6,499 $280,239 $0 $0
2021 $5,464 $266,974 $154,000 $112,974
2020 $5,053 $246,333 $148,500 $97,833
2019 $4,836 $247,630 $165,000 $82,630
2018 $4,465 $248,074 $114,278 $133,796
2017 $4,115 $219,000 $95,232 $123,768
2016 $3,779 $158,187 $0 $0
2015 $3,456 $143,806 $0 $0
2014 $3,457 $130,733 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alex Platt

    Seller's Agent in 2024

    Alex Platt

    Compass Florida LLC

    (954) 592-2371

    17 in this area

    212 Total Sales

    Alex Platt
    Section Image
  • Margot Platt

    Seller Co-Listing Agent in 2024

    Margot Platt

    Compass Florida LLC

    (561) 289-1917

    7 in this area

    87 Total Sales

    Margot Platt
    Section Image
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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R11003285

BeachesMLS (Greater Fort Lauderdale)

APN: 12-43-46-21-01-013-0330

Florida Palm Beach County Delray Beach 33483

Downtown Delray Beach

Not Listed for Sale

Detached

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BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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