When was property at 509 Rye Lane built and last sold?

The property at 509 Rye Lane was built in 1957 and last sold on Jun 22, 2023 for $985,000.

How much is this home worth?

The estimated value of the home located at 509 Rye Lane is $0.

What are some comparable homes to 509 Rye Lane?

There are currently no comparable homes to 509 Rye Lane.

Delray Beach

33444

Chevy Chase

509 Rye Lane

Sold on Aug 22, 2022

Map

$999,000

● House - Off Market

509 Rye Lane

Delray Beach, FL 33444

3 Beds

3 Baths

2,571 Ft²

$1,032,878

RealtyHop Estimate

3.39%

Since Sep 1, 2022

National-US

Primary Model

About This Property

DREAM OPPORTUNITY! SITUATED ON THE MOST PICTURESQUE POINT CORNER LOT IN DESIRABLE LAKE IDA, THIS CHARMING ORIGINAL MID-CENTURY MODERN-STYLE 3BED/3BATH/1CG SINGLE STORY OF ALMOST 2600 SF/AC, WITH BEAUTIFUL TERRAZZO FLOORING & PATTERNED TILE, HAS ENDLESS POSSIBILITIES FOR AN AMAZING RENOVATION! LIGHT & BRIGHT, WITH A CIRCULAR WALL OF WINDOWS THAT OVERLOOK THE PARK-LIKE GARDEN OF OVER QUARTER ACRE, WHICH IS CENTERED BY A MAGNIFICENT OAK TREE! THE SPACIOUS DESIGN & OPEN FLOOR PLAN AWAITS A NEW CREATIVE TRANSFORMATION! ONE OF LARGEST SQ FT SINGLE STORY AVAIL IN AREA, THIS UNIQUE 10,000SF+ LOT HAS A LARGE CIRCULAR DRIVE FRONTING ENFIELD. MINUTES FROM DOWNTOWN TRENDY ATLANTIC AVE W/RESTAURANTS, OUTDOOR CAFES & SHOPS, WITH THE INTRACOASTAL WATERWAYS & SANDY BEACHES JUST A BIT FURTHER EAST.

Unit Size

2,571 Ft²

Days on Market

23 days

Land Size

0.24 acres

Price per sqft

$389

Property Type

House

Property Taxes

$945

HOA Dues

Year Built

1957

Payment Calculator

Cap Rate Calculator

Last updated: 2 months ago (Beaches MLS #F10342100)

Price History

Date / Event	Date	Event
May 7, 2024	Sold	Premium
Sold
Feb 25, 2024	Listed by Coldwell Banker Realty /Delray Beach	$2,495,000
Listed by Coldwell Banker Realty /Delray Beach

	Mid Century Modern style home, beautifully remodeled with a cool coastal vibe. Everything is new! A year in the making, this home has been carefully renovated using the finest designer fixtures. Chef's kitchen with a huge island, double ovens, plus a range. Wood floors throughout. Primary bath with massive shower, soaking tub, 2 vanities. The tremendous primary closet is a room in itself, filled with shelves, cabinets & drawers. All 4 baths feature designer tiles, custom vanities & back-lit mirrors. Convenient separate laundry room with lots of extra storage, plus a 2nd refrigerator and sink. Brand new paver driveway & pool surround, new pool, new roof and new impact windows and doors, complete this gorgeous home. No HOA! Located in the desirable Lake Ida neighborhood, just 6 blocks to downtown Delray. Cart, bike or take a leisurely stroll to Atlantic Ave restaurants, shops, shows, art galleries, festivals and the beach. The Lake Ida neighborhood is home to 3 parks, walking paths, a boat ramp to access Lake Ida, and The Delray Beach Playhouse. More photos will be added soon!
Jun 27, 2023	Sold	Premium
Sold
Feb 8, 2023	Listed by Posh Properties	$1,090,000
Listed by Posh Properties

	Unique builder/investment opportunity and/or end-user able to renovate or rebuild. There is a house, built in 1957, on the lot. Fabulous location in heart of Lake Ida. Large corner lot. Walk/bike/golf cart to downtown Delray & the beach. Located just off of historic N Swinton Ave, the Lake Ida neighborhood features 3 parks, the waterfront Delray Beach Playhouse, a playground, a boat ramp, and lots of picnic areas and walking paths. No HOA! Pet and boat friendly! All measurements are approximate and must be verified by the Buyer.
Sep 19, 2022	Listed by Coldwell Banker Realty	$1,090,000
Listed by Coldwell Banker Realty
Aug 24, 2022	Sold	Premium
Sold
Jul 29, 2022	Listed by Coldwell Banker Realty	$999,000
Listed by Coldwell Banker Realty
May 25, 2005	Sold	Premium
Sold

Property Highlights

Garage

Building Info

Overview

General

Year Built: 1957

Effective Year Built: 1980
Building Count: 1
Bedroom Count: 0
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 6
Building Quality: 10
Construction Type: 12
Building Style: 0
Exterior Walls Type: 7
Interior Walls Type: 6
Roof Shape Type: 7
Roof Cover Type: 4
Floor Count: 100
Living Units: 1
Floor Cover: 17
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 300
Parking Space Count: 1
Patio Type: 20
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 10,315

Lot Size Depth Feet: 640
Lot Size Frontage Feet: 1,600
Total Building Area: 2,871
Gross Building Area: 2,871
Building Area: 2,571
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 4
Heated Square Feet: 2,571
Heating Fuel Type: 2

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: CHEVY CHASE
Land Acres: 0000000237
Standard Land Use Code: 1001
County Land Use Code: 0100
Legal Description 1: CHEVY CHASE LT 15

Neighborhood

School District Name: Palm Beach County School District

Census Tract: 006602

Zoning

Zoning: R-1-AA

Geography

Assessors Map Reference: 336

Parcel: 12-43-46-08-06-000-0150
Lot: 15
Meridian: SEC 08 TWN 46S RNG 43E
Municipality: DELRAY BEACH
Latitude: 26.4717
Longitude: -80.0768

Address

Full Address: 509 Rye Ln

Address - House Number: 509
Address - Street Name: Rye
Address - Suffix Type: Ln
State: FL
City Name: Delray Beach
Carrier Code: C042
4-Digit Zip Code: 3951
Zip Code: 33444

Valuation

Tax

Total Area: 2,700

Tax Year: 2023
Tax Amount: $1,857,247
Tax Rate Code Area: 12984

Appraisal Valuation

Standard Deviation: 0.0861

Valuation Date: Apr 03, 2024
Confidence Score: 93
Final Value: 2,429,461
High Value: 2,638,726
Low Value: 2,220,196

Open Liens

Total Open Liens:

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Total Open Liens Amount:

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First Open Lien Mortgage Lender:

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First Open Lien Mortgage Recording Date:

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First Open Lien Mortgage Financing Type:

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First Open Lien Mortgage Loan Amount:

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First Open Lien Mortgage Term:

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First Open Lien Mortgage Position:

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First Open Lien Mortgage Loan Type:

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First Open Lien Mortgage Loan Due Date:

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Market Valuation

Market Total Value: $968,182

Market Land Value: $614,900
Market Improvement Value: $353,282

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $968,182

Sales

Current Sale Contract Date: Jun 22, 2023

Current Sale Recording Date: Jun 27, 2023
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 219836
Previous Sale Recording Date: Aug 24, 2022
Previous Sale Contract Date: Aug 18, 2022
Previous Sale Amount: $999,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

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First Mortgage Loan Amount:

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First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Financing

First Mortgage Financing Type: ADJ

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Chevy Chase

Stats & Trends

Median Asking:

$1,524,500

Sale Price/ft²

$857

Above Asking

0.00%

Average Days on Market

106

Average Home Size

1853 ft²

Average Home Age

56.5 years

Currently For Sale

0 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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$8,500 /mo

3 Beds
2 Baths
1,558 ft²

233 Lake Terrace, Delray Beach, FL, 33444 Listing by Julie Ann Giachetti PA

Unit for rent at 228 Lake Terrace, Delray Beach, FL, 33444

$6,000 /mo

2 Beds
2 Baths
1,741 ft²

228 Lake Terrace, Delray Beach, FL, 33444 Listing by Ryan Straub PA

Unit for rent at 110 Gleason Street, Delray Beach, FL, 33483

$7,500 /mo

4 Beds
3 Baths
2,443 ft²

110 Gleason Street #203, Delray Beach, FL, 33483 Listing by Jennifer Gallagher

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Listed by: Adele K Pick
Coldwell Banker Realty
Last Updated: 2 months ago
Data Source: Beaches MLS, MLS# F10342100

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. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.