See Home Value
$1,305,000 - $1,595,000
House - Off Market

409 Palm Trail

Delray Beach, FL 33483
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1423 Sqft
Sold Nov 29, 2023
$1,100,000
Sold Mar 13, 2008
$465,000
$417,000 by Wcs Lending
Mortgage Due Mar 01, 2038

About This Property

Nestled in the highly coveted Palm Trail neighborhood. The property is situated just minutes from Delray Beach's award-winning sand-carpeted beaches, as well as vibrant Atlantic Avenue's boutique shopping dining and nightlife. Savvy investors will find immense potential in this property, ideal for thriving in the lucrative vacation rental and Airbnb markets. It is barely 20+/- minutes from Boca Raton's private executive airport, and an easy 30+/- minute commute to Palm Beach International Airport. This property is also a rare opportunity for the discerning builder or end user looking to renovate the existing home or build new. New home could be 3500 - 4000 square feet with a 2 car garage accessible from Fisher Lane at the back of the property.

The manager has listed the unit size as 1423 square feet.
Unit Size
1,423Ft²
Days on Market
-
Land Size
-
Price per sqft
$1,019
Property Type
House
Property Taxes
$572
HOA Dues
-
Year Built
1961

Price History

Date / Event Date Event Price
Apr 6, 2024 No longer available -
No longer available
Mar 17, 2024 Price Increased $1,450,000
↑ $350K (31.8%)
Price Increased
Jan 20, 2024 Relisted $1,100,000
Relisted
Jan 10, 2024 No longer available -
No longer available
Dec 2, 2023 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1986
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 217
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Screened porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 6,752
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,306
  • Gross Building Area: 2,306
  • Building Area: 1,423
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,423
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAS PALMAS SUB
  • Land Acres: 0.155
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAS PALMAS SUB LT 30

Ownership

  • Current Owner : NIX PAUL S
  • Current Owner 2: NIX BARBARA J
  • Previous Owner : CAMERON KAREN SHARMILLA
  • Owner Before Previous Owner: ROSMARIN IRWIN
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 006401

Zoning

  • Zoning: R-1-AA

Geography

  • Assessors Map Reference: 337
  • Parcel: 12-43-46-09-31-000-0300
  • Lot: 30
  • Meridian: SEC 09 TWN 46S RNG 43E
  • Municipality: DELRAY BEACH
  • Latitude: 26.4697
  • Longitude: -80.0639

    Address

  • Full Address: 409 Palm Trl
  • Address - House Number: 409
  • Address - Street Name: Palm
  • Address - Suffix Type: Trl
  • State: FL
  • City Name: Delray Beach
  • Carrier Code: C057
  • 4-Digit Zip Code: 5627
  • Zip Code: 33483

Valuation

    Tax

  • Total Area: 1,630
  • Tax Year: 2023
  • Tax Amount: $7,139
  • Tax Rate Code Area: 12984

    Appraisal Valuation

  • Standard Deviation: 0.0861
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 93
  • Final Value: 1,381,158
  • High Value: 1,500,127
  • Low Value: 1,262,190

    Market Valuation

  • Market Total Value: $1,179,420
  • Market Land Value: $884,169
  • Market Improvement Value: $295,251

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $404,700

    Sales

  • Current Sale Contract Date: Nov 20, 2023
  • Current Sale Recording Date: Nov 29, 2023
  • Current Sale Transaction ID: 11917661841
  • Current Sale Price: $1,100,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 403395
  • Previous Sale Recording Date: Mar 13, 2008
  • Previous Sale Contract Date: Feb 29, 2008
  • Previous Sale Amount: $465,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: WCS LENDING
  • Previous Mortgage Transaction Date: Mar 13, 2008
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $417,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2038



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
3 Beds
3 Baths
1,700 ft²
$941/ft²
$1,600,000 Jun 1, 2023
$1,600,000 Jan 9, 2024
$1,497/mo
House
2 Beds
2 Baths
1,330 ft²
$1,090/ft²
$1,450,000 Jan 19, 2024
-
$653/mo
House
2 Beds
1 Bath
1,074 ft²
$1,471/ft²
$1,580,000 Dec 11, 2023
-
$1,890/mo
House
2 Beds
2 Baths
1,106 ft²
$1,623/ft²
$1,795,000 Aug 7, 2023
-
$906/mo
House
2 Beds
2 Baths
2,017 ft²
$818/ft²
$1,650,000 Jun 20, 2023
-
-
Condo
2 Beds
2 Baths
1,378 ft²
$1,303/ft²
$1,795,000 Sep 6, 2023
-
$2,185/mo
House
3 Beds
2 Baths
1,540 ft²
$908/ft²
$1,399,000 Nov 27, 2023
-
$1,154/mo
House
3 Beds
2 Baths
1,228 ft²
$1,222/ft²
$1,500,000 Dec 15, 2023
-
$718/mo
Condo
3 Beds
2 Baths
1,496 ft²
$869/ft²
$1,299,900 Sep 27, 2023
-
$2,404/mo
Condo
3 Beds
2 Baths
1,648 ft²
$840/ft²
$1,385,000 Sep 24, 2023
-
$2,229/mo
Townhouse
3 Beds
2.5 Baths
2,034 ft²
$735/ft²
$1,495,000 Nov 29, 2023
-
$1,920/mo
Townhouse
3 Beds
3.5 Baths
2,148 ft²
$615/ft²
$1,320,000 Dec 19, 2023
-
$1,373/mo

About Las Palmas


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Frequently Asked Questions

When was property at 409 Palm Trail built and last sold?
The property at 409 Palm Trail was built in 1961 and last sold on Nov 20, 2023 for $1,100,000.
How much is this home worth?
The estimated value of the home located at 409 Palm Trail is $1,515,000.
What are some comparable homes to 409 Palm Trail?
Homes that are comparable to 409 Palm Trail include a house property at 202 Northeast 5th Terrace, 242 North Swinton Avenue, 123 Southeast 7th Avenue.

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