See Home Value
Delray Beach 33444
311 NW 5th Avenue
$341,064*
House - Off Market

311 NW 5th Avenue

Delray Beach, FL 33444
bedrooms
2 Beds
bathrooms
1 Bath
square feet
520 Sqft
$225,000 - $273,000
Reference Base Price*
36.97%
Since Sep 1, 2020
National-US
Primary Model
Sold Sep 29, 2020
$249,000
$241,530 by Hamilton Group Funding Inc
Mortgage Due Oct 01, 2050
Sold Sep 07, 2011
$40,000

About This Property

Your pick! Starter home? Vacation home? AirBnB? Great choice for any option! A perfect starter home in an up & coming historic neighborhood of Delray Beach. Build equity while enjoying efficient zoned control AC systems in all rooms, fully updated kitchen w/new cabinets & marble counters along with full W/D at your fingertips! Or this is the perfect beach house/vacation home just a bike ride from the beach or easy walking distance to the best restaurants & bars of Delray. This property is a great winter get-away with a huge fenced-in maintenance-free yard. Enjoy BBQs & fire pit evenings in complete privacy & security of your electric gated fortress! With no HOA restrictions, this property has been & can continue to make a great AirBnB investment property with CAP rates that can exceed 12%!

The manager has listed the unit size as 520 square feet.
Unit Size
520Ft²
Days on Market
-
Land Size
-
Price per sqft
$479
Property Type
House
Property Taxes
$1,682
HOA Dues
-
Year Built
1945

Price History

Date / Event Date Event Price
Sep 29, 2020 Sold to Cynthia Jean Kenan $249,000
Sold to Cynthia Jean Kenan
Aug 4, 2020 No longer available -
No longer available
Jul 23, 2020 Listed $249,000
Listed

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Wood
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,726
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 500
  • Total Building Area: 571
  • Gross Building Area: 571
  • Building Area: 520
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 520
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TOWN OF DELRAY
  • Land Acres: 0.154
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWN OF DELRAY LT 8 BLK 25

Ownership

  • Current Owner : KENAN CYNTHIA JEAN
  • Previous Owner : SIMPSON BARBARA
  • Owner Before Previous Owner: FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 006700

Zoning

  • Zoning: R-1-A

Geography

  • Assessors Map Reference: 344
  • Parcel: 12-43-46-16-01-025-0080
  • Block: 25
  • Lot: 8
  • Meridian: SEC 16 TWN 46S RNG 43E
  • Municipality: DELRAY BEACH
  • Latitude: 26.4675
  • Longitude: -80.0781

    Address

  • Full Address: 311 Nw 5th Ave
  • Address - House Number: 311
  • Street Direction: NW
  • Address - Street Name: 5th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Delray Beach
  • Carrier Code: C013
  • 4-Digit Zip Code: 2740
  • Zip Code: 33444

Valuation

    Tax

  • Total Area: 534
  • Tax Year: 2023
  • Tax Amount: $5,203
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 12987

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 486,834
  • High Value: 575,316
  • Low Value: 398,353

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $241,530
  • First Open Lien Mortgage Lender: HAMILTON GROUP FUNDING INC
  • First Open Lien Mortgage Recording Date: Sep 29, 2020
  • First Open Lien Mortgage Loan Amount: $241,530
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2050

    Market Valuation

  • Market Total Value: $371,944
  • Market Land Value: $145,000
  • Market Improvement Value: $226,944

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $199,148

    Sales

  • Current Sale Contract Date: Sep 18, 2020
  • Current Sale Recording Date: Sep 29, 2020
  • Current Sale Transaction ID: 11791494790
  • Current Sale Price: $249,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200362624
  • Previous Sale Recording Date: Sep 07, 2011
  • Previous Sale Contract Date: Aug 29, 2011
  • Previous Sale Amount: $40,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HAMILTON GROUP FUNDING INC
  • First Mortgage Transaction Date: Sep 29, 2020
  • First Mortgage Loan Amount: $241,530
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
2 Baths
1,295 ft²
$189/ft²
$245,000 Jul 31, 2023
$245,000 Jan 4, 2024
$628/mo
Condo
2 Beds
2 Baths
1,070 ft²
$257/ft²
$275,000 Jul 15, 2023
$275,000 Jan 10, 2024
$792/mo
Condo
3 Beds
3 Baths
-
$245,000 Jan 30, 2020
$245,000 Jul 1, 2020
$600/mo
Condo
3 Beds
2 Baths
1,809 ft²
$119/ft²
$214,500 Oct 20, 2023
$214,500 Nov 21, 2023
$1,235/mo
House
1 Bed
1 Bath
546 ft²
$536/ft²
$292,500 Nov 8, 2023
-
$244/mo
Condo
2 Beds
2 Baths
1,335 ft²
$150/ft²
$199,999 Nov 14, 2023
-
$780/mo
Condo
2 Beds
2 Baths
1,470 ft²
$173/ft²
$254,900 Aug 25, 2023
-
$527/mo
Commercial
Loft
-
-
$215,000 Oct 6, 2023
-
$1,086/mo

About Delray Beach


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Frequently Asked Questions

When was property at 311 Northwest 5th Avenue built and last sold?
The property at 311 Northwest 5th Avenue was built in 1945 and last sold on Sep 18, 2020 for $249,000.
How much is this home worth?
The estimated value of the home located at 311 Northwest 5th Avenue is $248,196.
What are some comparable homes to 311 Northwest 5th Avenue?
There are currently no comparable homes to 311 Northwest 5th Avenue.

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