NOT LISTED FOR SALE

7331 W Mercada Way Delray Beach, FL 33446

Valencia Falls Neighborhood

Estimated Value: $491,000 - $527,950

3 Beds
2 Baths
1,835 Sq Ft
$278/Sq Ft Est. Value

Last Sold March 15, 2023

Last sale price $500,000 $272 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,136/month

52 Days on Market

Highlights

  • Lake Front
  • Senior Community
  • Vaulted Ceiling
  • Gated with Attendant
  • Clubhouse
  • Sauna

About This Home

As of March 2023

Welcome to this single-family home located in the desirable Valencia Falls community in Delray Beach. This 55+ community offers a wide range of amenities including a 25,000 sq ft clubhouse, resort-style pool, tennis & pickleball courts, bocce ball, cafe/restaurant, & grand social hall.This one-level home boasts 3 bedrooms, 2 bathrooms & a split floor plan, with bedroom 3 currently set up as a den. The property has a prime long lake views from the screened patio, providing the perfect spot to relax & take in the natural beauty of the area. The home features a new AC & hot water heater (2017), accordion shutters for storm protection. This property is perfect for retirees looking for an active lifestyle in a picturesque setting, with all the amenities of a luxury resort at their fingertip

Last Agent to Sell the Property

Alex Platt

Compass Florida LLC License #3240699 Listed on: 01/22/2023

Compass Florida LLC

Co-Listed By

Margot Platt

Compass Florida LLC License #3507520

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,224

Year Built

  • Built in 2003

Lot Details

  • 4,557 Sq Ft Lot
  • Lake Front
  • Sprinkler System
  • Property is zoned PUD

HOA Fees

  • $646 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 1,835 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Vaulted Ceiling
  • Plantation Shutters
  • Blinds
  • Formal Dining Room
  • Lake Views
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00424609200004340

Community Details

Overview

  • Senior Community
  • Association fees include management, common areas, cable TV, ground maintenance, recreation facilities, reserve fund, security, internet
  • Valencia Falls Subdivision

Amenities

  • Sauna
  • Clubhouse
  • Billiard Room
  • Community Wi-Fi

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Bocce Ball Court
  • Shuffleboard Court
  • Community Pool
  • Community Spa
  • Putting Green

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,224

Year Built

Built in 2003

Lot Details

0

HOA Fees

$646 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: ATLANTIC AVE TO HAGEN RANCH, HEAD NORTH COMMUNITY ON THE EAST SIDE. Go Left once in Valencia Falls
  • Year Built: 2003
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Dining Area, Separate/Formal Dining Room, Dual Sinks, Pantry, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Furnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Living Area: 1835.0
  • Dining Room Type: Laundry
  • Stories: 1
  • Window Features: Blinds, Drapes, Plantation Shutters

Exterior Features

  • Exterior Features: Patio
  • View: Lake
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None, Association, Community
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Spanish Tile, Tile

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: 646.0
  • Community Features: Bocce Court, Clubhouse, Gated, Internet Access, Pickleball, Property Manager On-Site, Pool, Sauna, Shuffleboard, Sidewalks, Tennis Court(s)
  • Senior Community: Yes
  • Amenities: Basketball Court, Bocce Court, Billiard Room, Clubhouse, Management, Pickleball, Pool, Putting Green(s), Shuffleboard Court, Sauna, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Maintenance Grounds, Recreation Facilities, Reserve Fund, Security, Internet

Lot Info

  • Parcel #: 00424609200004340
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 4557.0
  • Zoning Description: PUD
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4224.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2024
Sold by
Egar David J and Toabe Mindy
Bought by
David J Egar And Mindy D Toabe Revocable Trus and Egar
Total Days on Market
52
Current Estimated Value
$509,988

Purchase Details

Listed on
Jan 22, 2023
Closed on
Mar 3, 2023
Sold by
Carr Edward
Bought by
Egar David J and Toabe Mindy
Seller's Agent
Alex Platt
Compass Florida LLC
List Price
$595,000
Sold Price
$500,000
Premium/Discount to List
-$95,000
-15.97%
Views
64

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.89%
Original Mortgage
$300,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 22, 2023
Closed on
Jan 17, 2023
Sold by
Gianna G Eisenberg Declaration Of Trust
Bought by
Carr Edward
Seller's Agent
Alex Platt
Compass Florida LLC
List Price
$595,000
Sold Price
$500,000
Premium/Discount to List
-$95,000
-15.97%
Views
64

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2007
Sold by
Eisenberg Gianna
Bought by
Eisenberg Gianna G

Purchase Details

Closed on
Feb 14, 2003
Sold by
G L Homes Of Boynton Beach Assoc V Ltd
Bought by
Eisenberg Charles and Eisenberg Gianna
Source: Public Records

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Range of Values:

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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
David J Egar And Mindy D Toabe Revocable Trus -- None Listed On Document
Egar David J $500,000 --
Carr Edward -- --
Eisenberg Gianna G -- Attorney
Eisenberg Charles $219,000 Nova Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Egar David J $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2023 03/15/23 Sold $500,000 -9.1% $272 / Sq Ft
02/08/2023 02/08/23 Price Changed $550,000 -7.6% $300 / Sq Ft
01/21/2023 01/21/23 For Sale $595,000 -- $324 / 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 $7,664 $483,545 -- --
2023 $8,873 $513,899 $194,020 $319,879
2022 $4,224 $266,165 $0 $0
2021 $4,188 $258,413 $0 $0
2020 $4,154 $254,845 $0 $0
2019 $4,102 $249,115 $0 $0
2018 $3,896 $244,470 $0 $0
2017 $3,844 $239,442 $0 $0
2016 $3,850 $234,517 $0 $0
2015 $3,940 $232,887 $0 $0
2014 $3,949 $231,039 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alex Platt

    Seller's Agent in 2023

    Alex Platt

    Compass Florida LLC

    (954) 592-2371

    1 in this area

    209 Total Sales

    Alex Platt
    Section Image
  • Margot Platt

    Seller Co-Listing Agent in 2023

    Margot Platt

    Compass Florida LLC

    (561) 289-1917

    1 in this area

    71 Total Sales

    Margot Platt
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10860230

BeachesMLS

APN: 00-42-46-09-20-000-4340

Florida Palm Beach County Delray Beach 33446 Valencia Falls

7331 W Mercada Way, Delray Beach, FL

This home is located at 7331 W Mercada Way, Delray Beach, FL 33446 since 22 January 2023 and is currently estimated at $509,988, approximately $277 per square foot. This property was built in 2003. 7331 W Mercada Way is a home located in Palm Beach County with nearby schools including Hagen Road Elementary School, Spanish River Community High School, and Carver Middle 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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