NOT LISTED FOR SALE

Estimated Value: $3,620,000 - $5,347,000

5 Beds
6.5 Baths
6,726 Sq Ft
$667/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $3,400,000 $506 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $29,061/month

21 Days on Market

Highlights

  • Horses Allowed in Community
  • Gated with Attendant
  • Saltwater Pool
  • Sunrise Park Elementary School Rated A-
  • Home Theater
  • Waterfront

About This Home

As of June 2021

Welcome to Casa Paraiso, a private, 5-acre estate in the gated equestrian community of Tierra Del Rey. Five spacious bedrooms, all with en suite baths. Two-story library/club room. HarTru HydroGrid tennis court. Private pond. Summer kitchen. 4 car garage. This oasis offers peace & seclusion that is hard to find in Delray Beach. Conveniently located near the best beaches & entertainment in South Florida. Designed by Randall Stofft, this Cudmore built two-story home embodies high quality - quality construction and quality of life. Stately double-doors open to two story foyer. As you enter the great room/living area, floor to ceiling windows offer sweeping views of the private grounds. Beach-entry saltwater pool, putting green, private pond, tennis court, and chipping green beyond.

Last Agent to Sell the Property

Geoff Braboy

Compass Florida LLC License #3281634 Listed on: 05/07/2021

Compass Florida LLC

Co-Listed By

David Gunther

Atlantic Waterfront Properties License #3285299

Last Buyer's Agent

Teri Delgado

Fulton Grace Realty License #3361339

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,887

Year Built

  • Built in 2006

Lot Details

  • 5.08 Acre Lot
  • Waterfront
  • Fruit Trees
  • Property is zoned AGR

HOA Fees

  • $784 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Driveway

Property Views

  • Garden
  • Pool

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 6,726 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Entrance Foyer
  • Great Room
  • Family Room
  • Home Theater
  • Laundry Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Saltwater Pool
  • Canal Access
  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available
  • TV Antenna

Listing and Financial Details

  • Assessor Parcel Number 00424327050670402

Community Details

Overview

  • Association fees include security
  • Palm Beach Farms Co 3 Subdivision, Custom Designed Estate Floorplan

Recreation

  • Horses Allowed in Community

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,887

Year Built

Built in 2006

Lot Details

0

HOA Fees

$784 per month

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: 441, Just South of Atlantic Avenue. Tierra Del Rey. Enter through guard gate. Property is on the Right.
  • Year Built: 2006
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Entrance Foyer, High Ceilings, Pantry, Split Bedrooms, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Marble, Wood
  • Living Area: 6726.0
  • Dining Room Type: Family Room, Great Room, Laundry, Media Room
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Fruit Trees, Patio, TV Antenna
  • View: Garden, Pool
  • Pool Features: Pool, Salt Water
  • Pool Private: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Golf Cart Garage

Utilities

  • Security: Gated with Guard
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 784.0
  • Community Features: Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Security

Lot Info

  • Parcel #: 00424327050670402
  • Horse Amenities: Horses Allowed
  • Lot Size: 5 to <10 Acres
  • Lot Size Sq Ft: 221285.0
  • Zoning Description: AGR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 34887.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2021
Closed on
Jun 25, 2021
Sold by
Mikolajczak Michael and Mikolajczak Maria
Bought by
Montano Fernando Limon and Montano Elena Limon
Seller's Agent
Geoff Braboy
Compass Florida LLC
Buyer's Agent
Teri Delgado
Fulton Grace Realty
List Price
$3,500,000
Sold Price
$3,400,000
Premium/Discount to List
-$100,000
-2.86%
Current Estimated Value
$4,488,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,088,854
Avg. Annual Appreciation
5.81%
Original Mortgage
$2,380,000
Outstanding Balance
$2,182,750
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$2,115,456

Purchase Details

Closed on
Nov 29, 2004
Sold by
Terence Cudmore Builder Inc
Bought by
Mikolajczak Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 1993
Sold by
Thomas John J and Thomas Candice L
Bought by
Scivoletto Rose Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
7.48%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Montano Fernando Limon $3,400,000 None Available
Mikolajczak Michael R $917,500 --
Scivoletto Rose Marie $264,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montano Fernando Limon $2,380,000
Previous Owner Mikolajczak Michael R $250,000
Previous Owner Mikolajczak Michael R $468,929
Previous Owner Mikolajczak Maria E $1,463,000
Previous Owner Mikolajczak Michael R $1,500,000
Previous Owner Scivoletto Rose Marie $214,000
Closed Mikolajczak Michael R $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $3,400,000 -2.9% $506 / Sq Ft
05/29/2021 05/29/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $3,500,000 0.0% $520 / Sq Ft
01/06/2017 01/06/17 Rented $13,500 -32.5% --
12/07/2016 12/07/16 Under Contract -- -- --
10/24/2016 10/24/16 For Rent $20,000 -- --
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $45,833 $2,813,897 -- --
2023 $45,567 $2,773,994 $0 $0
2022 $51,462 $3,016,174 $0 $0
2021 $35,233 $1,931,543 $554,126 $1,377,417
2020 $34,887 $1,893,618 $576,072 $1,317,546
2019 $37,479 $2,016,542 $680,314 $1,336,228
2018 $33,328 $1,839,168 $548,640 $1,290,528
2017 $28,305 $1,564,132 $0 $0
2016 $28,451 $1,531,961 $0 $0
2015 $29,161 $1,521,312 $0 $0
2014 $29,245 $1,509,238 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10714204

BeachesMLS

APN: 00-42-43-27-05-067-0402