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926 Banyan Drive

926 Banyan Drive, Delray Beach, FL 33483
Sold Mar 16, 2020
$2,750,000
$2,062,757 by Ally Bank Corp
Mortgage Due Feb 01, 2052
Sold Jan 02, 2014
$2,150,000
Local assessors in Delray Beach, FL have categorized 926 Banyan Drive as a residential type of property. The home was built in 2012 and is 12 years old. It was most recently renovated and altered in 2014. The property's lot size has been calculated to be 9,718 square feet. The linear feet between the front and back of the lot was measured at 1,080 ft and the front of the lot was measured at 900 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 5 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 926 Banyan Drive has a total of 4,650 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 462 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. The building has a wood truss style roof that was made of concrete. Lots of concrete block were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with electricity. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 926 Banyan Drive sold most recently in Mar 11, 2020 for a total of $2,750,000. If you work out the math, that's approximately a cost of $484.33 per sqft. Before that, the property was also sold for $2,150,000 in Dec 13, 2013. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $40,538 in taxes each year. 926 Banyan Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $2,111,154. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: A
  • 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: Wood
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 9,718
  • Lot Size Depth Feet: 1,080
  • Lot Size Frontage Feet: 900
  • Total Building Area: 5,678
  • Gross Building Area: 5,678
  • Building Area: 4,650
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,650
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TROPIC ISLE 2ND
  • Land Acres: 0.223
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TROPIC ISLE 2ND SECTION LT 194

Ownership

  • Current Owner : COZAMANIS DAMON ZACHARY
  • Current Owner 2: HOLEVAS COZAMANIS MARIE
  • Previous Owner : MINTZ PETER
  • Previous Owner 2: MINTZ CARYN LISA
  • Owner Before Previous Owner: 881 APPLEBY STREET LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 006402

Zoning

  • Zoning: R-1-AA-B

Geography

  • Assessors Map Reference: 358
  • Parcel: 12-43-46-28-02-000-1940
  • Lot: 194
  • Meridian: SEC 28 TWN 46S RNG 43E
  • Municipality: DELRAY BEACH
  • Latitude: 26.4338
  • Longitude: -80.0687

    Address

  • Full Address: 926 Banyan Dr
  • Address - House Number: 926
  • Address - Street Name: Banyan
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Delray Beach
  • Carrier Code: C049
  • 4-Digit Zip Code: 4916
  • Zip Code: 33483

Valuation

    Tax

  • Total Area: 4,921
  • Tax Year: 2022
  • Tax Amount: $40,538
  • Tax Rate Code Area: 12984

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 75
  • Final Value: 4,240,934
  • High Value: 5,032,326
  • Low Value: 3,449,542

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,062,757
  • First Open Lien Mortgage Lender: ALLY BANK CORP
  • First Open Lien Mortgage Recording Date: Feb 03, 2022
  • First Open Lien Mortgage Loan Amount: $2,062,757
  • 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: Feb 01, 2052

    Market Valuation

  • Market Total Value: $2,731,232
  • Market Land Value: $1,180,000
  • Market Improvement Value: $1,551,232

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,111,154

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 11, 2020
  • Current Sale Recording Date: Mar 16, 2020
  • Current Sale Transaction ID: 11753213533
  • Current Sale Price: $2,750,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200099713
  • Previous Sale Recording Date: Jan 02, 2014
  • Previous Sale Contract Date: Dec 13, 2013
  • Previous Sale Amount: $2,150,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ANGEL OAK MORTGAGE SOLUTIONS L
  • First Mortgage Transaction Date: Mar 16, 2020
  • First Mortgage Loan Amount: $2,025,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2050

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Frequently Asked Questions

What neighborhood is 926 Banyan Drive located in?
The 926 Banyan Drive is a house located in the neighborhood of Tropic Isle North in Tropic Isle North, Delray Beach.
What is the average sales price for listings in 926 Banyan Drive?
The average sales price for units in 926 Banyan Drive is $0 currently.

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