NOT LISTED FOR SALE

407 SE 7th Ave Delray Beach, FL 33483

Downtown Delray Beach Neighborhood

Estimated Value: $6,853,000 - $8,961,000

5 Beds
4.5 Baths
5,651 Sq Ft
$1,326/Sq Ft Est. Value

Last Sold September 20, 2018

Last sale price $4,250,000 $752 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $45,196/month

Highlights

  • Property has ocean access
  • Concrete Pool
  • Deck
  • Property fronts an intracoastal waterway
  • RV Access or Parking
  • 3-minute walk to 505 Teen Center and Hobbit Skate Park

About This Home

As of September 2018

A resort-like paradise, just a few blocks from Atlantic Ave, surveying an entrancing wide waterscape, this impressive Intracoastal estate features no-wake yacht dockage. Versatile living/entertaining spaces overlook the infinity pool seeming at one with the waterway. Dramatic sky deck. Car collector's 5-vehicle garage with lifts. Extremely solidly built with impact-glass, generator, elevator.

Last Agent to Sell the Property

Judith Lukens

Premier Estate Properties, Inc License #144773 Listed on: 09/20/2018

Co-Listed By

Pascal Liguori

Premier Estate Properties, Inc License #3009820

Last Buyer's Agent

Kurt Lehmann

Lehmann Realty Inc. License #3176578

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,143

Year Built

  • Built in 2008

Lot Details

  • 0.27 Acre Lot
  • Property fronts an intracoastal waterway
  • Fenced
  • Sprinkler System
  • Property is zoned R-1-AA

Parking

  • 5 Car Attached Garage
  • Parking Pad
  • Garage Door Opener
  • Circular Driveway
  • RV Access or Parking

Home Design

  • Concrete Roof

Interior Spaces

  • 5,651 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Custom Mirrors
  • Central Vacuum
  • Bar
  • High Ceiling
  • Ceiling Fan
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Recreation Room
  • Intracoastal Views
  • Pull Down Stairs to Attic

Kitchen

  • Built-In Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Roman Tub

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Security Lights
  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Concrete Pool
  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Balcony
  • Deck
  • Open Patio

Schools

  • Atlantic Technical High School

Utilities

  • Zoned Heating and Cooling System
  • Electric Water Heater

Community Details

  • Osceola Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434621010010095

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,143

Year Built

Built in 2008

Lot Details

0

Parking

5

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: E Atlantic Ave East to SE 7th Ave, right onto SE 7th Ave, home on the left side
  • Year Built: 2008
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Attic, Wet Bar, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Elevator, Family/Dining Room, French Door(s)/Atrium Door(s), Garden Tub/Roman Tub, High Ceilings, Custom Mirrors, Pantry, Pull Down Attic Stairs, Split Bedrooms, Bar, Walk-In Closet(s), Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Flooring: Carpet, Marble
  • Living Area: 5651.0
  • Dining Room Type: Family Room, Laundry, Recreation
  • Stories: 3
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony, Deck, Fence, Patio
  • View: Intercoastal
  • Lot Features: Sprinklers Automatic
  • Pool Features: Concrete, Pool
  • Pool Private: Yes
  • Waterfront Features: Intracoastal Access, No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Deck, Open, Patio
  • Property Condition: Resale
  • Roof: Concrete, Other

Garage/Parking

  • Covered Parking Spaces: 5.0
  • Attached Garage: Yes
  • Garage Spaces: 5.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Driveway, Garage, Parking Pad, RV Access/Parking, Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security System, Security Lights, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Schools

  • High School: Atlantic Technical

Lot Info

  • Parcel #: 12434621010010095
  • Lot Size Sq Ft: 11578.0
  • Zoning Description: R-1-AA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 48143.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2021
Sold by
Depenbrock Edward
Bought by
Depenbrock Edward and Lawrence Elizabeth
Current Estimated Value
$7,491,930

Purchase Details

Listed on
Sep 20, 2018
Closed on
Sep 20, 2018
Sold by
Corelli John and Corelli Lynn
Bought by
Depenbrock Edward B
Seller's Agent
Judith Lukens
Premier Estate Properties, Inc
Buyer's Agent
Kurt Lehmann
Lehmann Realty Inc.
List Price
$4,499,000
Sold Price
$4,250,000
Premium/Discount to List
-$249,000
-5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.36%
Original Mortgage
$2,975,000
Outstanding Balance
$2,567,303
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,924,627

Purchase Details

Closed on
Jul 28, 2003
Sold by
Mclain Muriel
Bought by
Corelli John and Corelli Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,620,000
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Depenbrock Edward -- Attorney
Depenbrock Edward B $4,250,000 Attorney
Corelli John $1,050,000 Patch Reef Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Depenbrock Edward B $2,975,000
Previous Owner Corelli John $1,620,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2018 09/20/18 Sold $4,250,000 -5.5% $752 / Sq Ft
09/20/2018 09/20/18 For Sale $4,499,000 -- $796 / Sq Ft
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 $65,715 $3,629,632 -- --
2023 $66,222 $3,523,915 $0 $0
2022 $66,044 $3,421,277 $0 $0
2021 $66,399 $3,321,628 $0 $0
2020 $66,048 $3,275,767 $1,683,000 $1,592,767
2019 $74,774 $3,622,797 $1,785,000 $1,837,797
2018 $48,194 $2,423,657 $0 $0
2017 $48,143 $2,373,807 $0 $0
2016 $48,504 $2,324,982 $0 $0
2015 $49,831 $2,308,820 $0 $0
2014 $50,177 $2,290,496 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Judith Lukens

    Premier Estate Properties, Inc

    (561) 271-6702

    4 in this area

    17 Total Sales

    Judith Lukens
    Section Image

  • P

    Seller Co-Listing Agent in 2018

    Pascal Liguori

    Premier Estate Properties, Inc

    (561) 414-4849

    23 in this area

    154 Total Sales

    Pascal Liguori
    Section Image
  • Kurt Lehmann

    Buyer's Agent in 2018

    Kurt Lehmann

    Lehmann Realty Inc.

    (888) 644-3828

    8 in this area

    46 Total Sales

    Kurt Lehmann
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10465777

BeachesMLS

APN: 12-43-46-21-01-001-0095

Florida Palm Beach County Delray Beach 33483 Downtown Delray Beach

407 SE 7th Ave, Delray Beach, FL

This home is located at 407 SE 7th Ave, Delray Beach, FL 33483 since 20 September 2018 and is currently estimated at $7,491,930, approximately $1,325 per square foot. This property was built in 2008. 407 SE 7th Ave is a home located in Palm Beach County with nearby schools including Pine Grove Elementary School, Carver Middle School, and Atlantic High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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