by RH Advisors

See Home Value
$684,000
House - Off Market

4851 Modern Dr

Delray Beach, FL 33445
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2414 Sqft
$4,523
Estimated Monthly
$250
HOA / Fees
6.68%
Cap Rate

About This Property

Rare opportunity to own this stunning lakefront / pool home in the gated community the Colony of Delray Beach. This 4 bedroom, 2.5 bath features 2414 sq. ft. with a two car garage. Featuring an open floor plan, lots of natural light and seamless flow throughout the living spaces. The house features impact windows and doors, original roof, security cameras, high soaring ceilings, great views of lake from every room, lots of closet space and best of all a large poolside deck for lounging and grilling with room for a garden. Perfect for entertaining. The property has been freshly painted with all new light fixtures and fans. Low Hoa fess that include pool, gym, & basketball court.
Unit Size
2,414Ft²
Days on Market
76 days
Land Size
0.11 acres
Price per sqft
$302
Property Type
House
Property Taxes
$688
HOA Dues
$250
Year Built
2001
Last updated: 30 days ago (Miami MLS #A11518778)

Price History

Date / Event Date Event Price
Apr 1, 2024 Sold $684,000
Sold
Feb 29, 2024 In contract -
In contract
Jan 23, 2024 Listed by Eagle Realty LLC d/b/a Keller Williams Eagle Realty $730,000
Listed by Eagle Realty LLC d/b/a Keller Williams Eagle Realty
Rare opportunity to own this stunning lakefront / pool home in the gated community the Colony of Delray Beach. This 4 bedroom, 2.5 bath features 2414 sq. ft. with a two car garage. Featuring an open floor plan, lots of natural light and seamless flow throughout the living spaces. The house features impact windows and doors, security cameras, high soaring ceilings, great views of lake from every room, lots of closet space and best of all a large poolside deck for lounging and grilling with…
Sep 27, 2023 No longer available -
No longer available
Aug 18, 2023 Price Decreased $730,000
↓ $20K (2.7%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Wood truss
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 396
  • Parking Space Count: 2
  • Patio Type: Patio - screened
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 4,996
  • Total Building Area: 2,942
  • Gross Building Area: 2,942
  • Building Area: 2,414
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,414
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WINTERPLACE PUD
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WINTERPLACE PUD LT 120

Ownership

  • Current Owner : SHAIKHAN MARK
  • Previous Owner : GHITELMAN JAIME

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 006604

Zoning

  • Zoning: PRD

Geography

  • Assessors Map Reference: 334
  • Parcel: 12-42-46-12-20-000-1200
  • Lot: 120
  • Meridian: SEC 12 TWN 46S RNG 42E
  • Municipality: DELRAY BEACH
  • Latitude: 26.482
  • Longitude: -80.1208

    Address

  • Full Address: 4851 Modern Dr
  • Address - House Number: 4851
  • Address - Street Name: Modern
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Delray Beach
  • Carrier Code: C071
  • 4-Digit Zip Code: 1220
  • Zip Code: 33445

Valuation

    Tax

  • Total Area: 2,482
  • Tax Year: 2023
  • Tax Amount: $9,028
  • Tax Rate Code Area: 12984

    Appraisal Valuation

  • Standard Deviation: 0.0861
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 93
  • Final Value: 706,859
  • High Value: 767,746
  • Low Value: 645,973

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $358,000
  • First Open Lien Mortgage Lender: NAVY FCU
  • First Open Lien Mortgage Recording Date: Jul 27, 2020
  • First Open Lien Mortgage Loan Amount: $358,000
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $556,998
  • Market Land Value: $196,008
  • Market Improvement Value: $360,990

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $410,500

    Sales

  • Current Sale Contract Date: Jul 16, 2020
  • Current Sale Recording Date: Jul 27, 2020
  • Current Sale Transaction ID: 11777813761
  • Current Sale Price: $447,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200264259
  • Previous Sale Recording Date: Jul 01, 2016
  • Previous Sale Contract Date: Jul 01, 2016
  • Previous Sale Amount: $415,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NAVY FCU
  • First Mortgage Transaction Date: Jul 27, 2020
  • First Mortgage Loan Amount: $358,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
2,285 ft²
$306/ft²
$700,000 Aug 14, 2023
$700,000 Jan 4, 2024
$155/mo
House
3 Beds
2 Baths
2,049 ft²
$295/ft²
$605,000 Jan 10, 2023
$605,000 Oct 10, 2023
$1,055/mo
House
3 Beds
2 Baths
1,949 ft²
$328/ft²
$640,000 Jul 12, 2023
$640,000 Sep 19, 2023
$732/mo
House
3 Beds
2 Baths
2,254 ft²
$304/ft²
$685,000 Sep 9, 2023
$685,000 Nov 13, 2023
$828/mo
House
3 Beds
3 Baths
2,569 ft²
$245/ft²
$630,000 Aug 25, 2023
$630,000 Oct 27, 2023
$801/mo
House
3 Beds
2 Baths
1,836 ft²
$309/ft²
$568,000 Jun 1, 2023
$568,000 Dec 4, 2023
$1,370/mo
House
4 Beds
4 Baths
2,454 ft²
$336/ft²
$825,000 Oct 4, 2023
-
$944/mo
House
4 Beds
4 Baths
3,039 ft²
$239/ft²
$725,000 Dec 12, 2023
-
$673/mo
House
4 Beds
2.5 Baths
2,354 ft²
$336/ft²
$789,900 Jan 10, 2024
-
$732/mo
House
3 Beds
3 Baths
2,730 ft²
$255/ft²
$695,000 Nov 23, 2023
-
$1,049/mo
House
3 Beds
2 Baths
1,960 ft²
$326/ft²
$639,900 Dec 11, 2023
-
$890/mo
House
3 Beds
2.5 Baths
2,761 ft²
$244/ft²
$675,000 Dec 12, 2023
-
$1,312/mo

About Winterplace


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Frequently Asked Questions

When was property at 4851 Modern Drive built and last sold?
The property at 4851 Modern Drive was built in 2001 and last sold on Jul 16, 2020 for $447,500.
How much is this home worth?
The estimated value of the home located at 4851 Modern Drive is $710,118.
What are some comparable homes to 4851 Modern Drive?
Homes that are comparable to 4851 Modern Drive include a house property at 4231 North Magnolia Circle, 5070 Oak Hill Road, 12568 Colony Preserve Drive.

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