NOT LISTED FOR SALE

7338 Floranada Way Delray Beach, FL 33446

Addison Reserve Neighborhood

Estimated Value: $2,203,000 - $2,719,000

3 Beds
4.5 Baths
3,841 Sq Ft
$649/Sq Ft Est. Value

Last Sold March 18, 2013

Last sale price $850,000 $221 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $15,045/month

64 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Gunite Pool
  • Spanish River Community High School Rated A+
  • Gated with Attendant
  • Private Membership Available

About This Home

As of March 2013

Gorgeous contemporary 3 BR/5Ba, den, fam Rm home-golf membership avail, offered turnkey-decorator contemporary furnishings, light, bright, saturnia flrs, beautiful views, huge windows, his and hers mstr baths-wonderful backyard & pool, priced to sell Saturnia floors, gorgeous designer built ins in family room and library, his and hers master baths, wet bar, central vac, sensational back yard and beautiful pool and spa--designer selected furnishings included. Electric blinds.

Last Agent to Sell the Property

Shari Fineman

Lang Realty/ BR License #3006389 Listed on: 12/13/2012

Last Buyer's Agent

Teresa Lee

LT & T Realty LLC License #3107924

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • Cul-De-Sac
  • Fenced
  • Irregular Lot
  • Sprinkler System
  • Property is zoned Rts

HOA Fees

  • $590 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • On-Street Parking

Home Design

  • Mediterranean Architecture
  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 3,841 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Bar
  • High Ceiling
  • Ceiling Fan
  • Sliding Windows
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Pool Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Motion Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Gunite Pool
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00424628050000100

Community Details

Overview

  • Association fees include management, common areas, cable TV, security, trash
  • Private Membership Available
  • Addison Reserve Subdivision

Amenities

  • Sauna
  • Clubhouse
  • Business Center
  • Community Library
  • Elevator

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Fitness Center
  • Community Pool
  • Community Spa
  • Park
  • Trails

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

0

HOA Fees

$590 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: N of Clint Moore West of Jog to gate
  • Year Built: 1997
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, High Ceilings, Pantry, Split Bedrooms, Bar, Walk-In Closet(s), Central Vacuum
  • Spa Features: Community
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile, Marble
  • Living Area: 3841.0
  • Dining Room Type: Den, Family Room
  • Stories: 1
  • Window Features: Sliding

Exterior Features

  • Exterior Features: Fence, Patio
  • View: Pool
  • Lot Features: Cul-De-Sac, Irregular Lot, Sprinklers Automatic
  • Pool Features: Gunite, Heated, Pool, Association, Community
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Spanish Tile, Tile

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Driveway, Garage, On Street, Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security System, Gated with Guard, Motion Detectors, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 590.0
  • Community Features: Clubhouse, Golf, Golf Course Community, Park, Property Manager On-Site, Pool, Sauna, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Business Center, Clubhouse, Fitness Center, Golf Course, Library, Management, Private Membership, Pool, Sauna, Spa/Hot Tub, Tennis Court(s), Trail(s), Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Security, Trash

Lot Info

  • Parcel #: 00424628050000100
  • Zoning Description: Rts

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 22139.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2012
Closed on
Mar 18, 2013
Sold by
Narens Delray Llc
Bought by
Podell Jeffrey
Seller's Agent
Shari Fineman
Lang Realty/ BR
Buyer's Agent
Teresa Lee
LT & T Realty LLC
List Price
$1,199,000
Sold Price
$850,000
Premium/Discount to List
-$349,000
-29.11%
Current Estimated Value
$2,491,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,641,922
Avg. Annual Appreciation
8.90%

Purchase Details

Closed on
Oct 13, 2011
Sold by
Narens Edward and The Edward Narens Qualified Pe
Bought by
Narens Delray Llc

Purchase Details

Closed on
Dec 12, 2002
Sold by
Narens Edward and Narens Judith
Bought by
Narens Edward

Purchase Details

Closed on
May 11, 2000
Sold by
Lary Ford Tr and Ely Tama Tr
Bought by
Narens Edward

Purchase Details

Closed on
Dec 3, 1997
Sold by
Courchene Dev Corp
Bought by
Smitt Richard E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$652,000
Interest Rate
7.38%
Mortgage Type
New Conventional
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
Podell Jeffrey $850,000 Princeton Title & Escrow Llc
Narens Delray Llc -- Attorney
Narens Delray Llc -- Attorney
Narens Edward -- --
Narens Edward -- --
Narens Judith -- --
Narens Edward $1,100,000 --
Smitt Richard E $887,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smitt Richard E $652,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2013 03/18/13 Sold $850,000 -29.1% $221 / Sq Ft
02/16/2013 02/16/13 Pending -- -- --
12/13/2012 12/13/12 For Sale $1,199,000 -- $312 / 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 $16,948 $1,053,928 -- --
2023 $16,576 $1,023,231 $0 $0
2022 $16,478 $993,428 $0 $0
2021 $16,460 $964,493 $360,000 $604,493
2020 $17,610 $1,021,585 $360,000 $661,585
2019 $17,609 $1,009,403 $0 $0
2018 $16,305 $964,991 $358,020 $606,971
2017 $17,021 $991,901 $358,020 $633,881
2016 $17,160 $974,244 $0 $0
2015 $17,685 $971,597 $0 $0
2014 $16,886 $878,736 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Shari Fineman

    Lang Realty/ BR

  • T

    Buyer's Agent in 2013

    Teresa Lee

    LT & T Realty LLC

See All Agents

Map

Source: BeachesMLS

MLS Number: R3331381

BeachesMLS

APN: 00-42-46-28-05-000-0100

Florida Palm Beach County Delray Beach 33446 Addison Reserve

7338 Floranada Way, Delray Beach, FL

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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