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7040 Demedici Circle

7040 Demedici Circle, Delray Beach, FL 33446
Property in Vizcaya
Sold Jan 12, 2017
$360,000
$288,000 by Luxury Mortgage Corp
Mortgage Due Dec 01, 2046
Sold Mar 08, 2000
$203,800
7040 Demedici Circle has been categorized by the local assessors in Delray Beach, FL as a residential type of property. The building on the property was first built in 2000 and is 24 years old. However, we must point out that the home was most recently renovated and altered in 2005. The home has a total of 2 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7040 Demedici Circle has 2,057 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,331 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 441 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a wood truss style roof made of concrete. The exterior walls of the building are made of concrete block. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with electricity. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7040 Demedici Circle was last sold in Nov 18, 2016 for $360,000. According to our calculations, that's $124.10 per sqft. Prior to that sales transaction, the property was sold for $203,800 in Jan 1, 1970. Current property owners are expected to pay $5,372 in taxes per year. The property on 7040 Demedici Circle was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $340,904. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 1
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 7,331
  • Total Building Area: 2,901
  • Gross Building Area: 2,901
  • Building Area: 2,057
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,057
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VIZCAYA PL 1
  • Land Acres: 0.168
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VIZCAYA PL 1 LT 4 BLK B

Ownership

  • Current Owner : FINLEY DAVID
  • Current Owner 2: FINLEY LINDA HAMEL
  • Previous Owner : RUBIN ERIC J
  • Owner Before Previous Owner: UPJOHN-DELRAY L P
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 005938

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 346A
  • Parcel: 00-42-46-21-28-002-0040
  • Block: B
  • Lot: 4
  • Meridian: SEC 21 TWN 46S RNG 42E
  • Municipality: UNINCORPORATED
  • Latitude: 26.4427
  • Longitude: -80.156

    Address

  • Full Address: 7040 Demedici Cir
  • Address - House Number: 7040
  • Address - Street Name: Demedici
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Delray Beach
  • Carrier Code: C089
  • 4-Digit Zip Code: 3182
  • Zip Code: 33446

Valuation

    Tax

  • Total Area: 2,434
  • Tax Year: 2023
  • Tax Amount: $5,372
  • Tax Rate Code Area: 355

    Appraisal Valuation

  • Standard Deviation: 0.1929
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 674,538
  • High Value: 804,680
  • Low Value: 544,395

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $288,000
  • First Open Lien Mortgage Lender: LUXURY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jan 12, 2017
  • First Open Lien Mortgage Loan Amount: $288,000
  • 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: Dec 01, 2046

    Market Valuation

  • Market Total Value: $477,765
  • Market Land Value: $147,660
  • Market Improvement Value: $330,105

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $340,904

    Sales

  • Current Sale Contract Date: Nov 18, 2016
  • Current Sale Recording Date: Jan 12, 2017
  • Current Sale Transaction ID: 1971775412
  • Current Sale Price: $360,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20170011876
  • Previous Sale Recording Date: Mar 08, 2000
  • Previous Sale Amount: $203,800
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LUXURY MORTGAGE CORP
  • First Mortgage Transaction Date: Jan 12, 2017
  • First Mortgage Loan Amount: $288,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2046

About Vizcaya



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Frequently Asked Questions

What neighborhood is 7040 Demedici Circle located in?
The 7040 Demedici Circle is a located in the neighborhood of Vizcaya in Vizcaya, Delray Beach.
What is the average sales price for listings in 7040 Demedici Circle?
The average sales price for units in 7040 Demedici Circle is $0 currently.

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