NOT LISTED FOR SALE

400 SE 7th St Delray Beach, FL 33483

Downtown Delray Beach Neighborhood

Estimated Value: $485,000 - $589,400

2 Beds
2 Baths
1,050 Sq Ft
$510/Sq Ft Est. Value

Last Sold October 18, 2024

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

Est. 9% increase in value since last sale

Current estimated payment $3,630/month

73 Days on Market

Highlights

  • Water Views
  • 1 Car Attached Garage
  • Central Heating
  • Sun or Florida Room
  • Separate Shower in Primary Bathroom
  • 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 Listed By

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
  • Property is zoned R-1-A(

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,050 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Sun or Florida Room
  • Water Views

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Schools

  • Carver; G.W. Middle School
  • Atlantic Technical High School

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

0

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
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Split Bedrooms, Separate Shower
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Other
  • Living Area: 1050.0
  • Dining Room Type: Florida Room
  • Stories: 1

Exterior Features

  • View: Other, Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Other
  • 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, Driveway, 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

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Schools

  • High School: Atlantic Technical
  • Middle Or Junior School: Carver; G.W.

Lot Info

  • Parcel #: 12434621010130330
  • Lot Size: 132x51
  • Lot Size Sq Ft: 6704.0
  • Zoning Description: R-1-A(
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7772.0

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%
Total Days on Market
73
Views
8
Current Estimated Value
$535,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,600
Avg. Annual Appreciation
13.93%
Original Mortgage
$600,000
Interest Rate
6.12%
Mortgage Type
New Conventional

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%

Range of Values:

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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
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 $655,250
Closed Trust Financial Llc $608,000
Closed Trust Financial Llc $600,000
Previous Owner Pennacchio Scott J $196,800
Previous Owner Clayton Ronald A $8,000
Previous Owner Clayton Ronald A $58,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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

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
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

    16 in this area

    204 Total Sales

    Alex Platt
    Section Image

  • M

    Seller Co-Listing Agent in 2024

    Margot Platt

    Compass Florida LLC

    (561) 289-1917

    6 in this area

    64 Total Sales

    Margot Platt
    Section Image
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Map

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Source: BeachesMLS

MLS Number: R11003285

BeachesMLS

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

Florida Palm Beach County Delray Beach 33483 Downtown Delray Beach

400 SE 7th St, Delray Beach, FL

Homes for Sale in Delray Beach, FL

This home is located at 400 SE 7th St, Delray Beach, FL 33483 since 11 July 2024 and is currently estimated at $535,600, approximately $510 per square foot. This property was built in 1980. 400 SE 7th St is a home located in Palm Beach County with nearby schools including Pine Grove Elementary School, Carver Middle School, and Atlantic High School.

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