NOT LISTED FOR SALE

7340 Serrano Terrace Delray Beach, FL 33446

Estimated Value: $823,000 - $1,005,000

4 Beds
3 Baths
2,912 Sq Ft
$318/Sq Ft Est. Value

Last Sold December 18, 2019

Last sale price $438,000 $150 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $5,646/month

93 Days on Market

Highlights

  • Room in yard for a pool
  • Garden View
  • High Ceiling
  • Hagen Road Elementary School Rated A-
  • Mediterranean Architecture
  • Den

About This Home

As of December 2019

PRICED TO SELL! Move-in-ready, West Delray Beach gem. 4 Bedrooms + loft upstairs and large den on first floor that can be converted to a 5th bedroom. 3 full bathrooms. LOWEST PRICE per living square foot in the community. This well-maintained home has a brand new hot water heater. A/C just a couple of years old. Kitchen has wood cabinets, granite counters and center island. Enormous master suite. Neutral tile throughout living areas. Monterey Estates is a gated boutique community with only 48 homes, mature tree-lined streets and no zero lot lines. Spacious, private backyard has plenty of room for a pool. Ideally located close to the FL Turnpike, Atlantic Ave, Delray Marketplace, public nature preserves and only minutes to trendy downtown Delray Beach and the ocean. Digitally staged.

Last Agent to Sell the Property

Catherine Lewis

Signature Int'l Premier Properties License #3037685 Listed on: 08/16/2019

Last Buyer's Agent

Amy Keown

Inactive Member License #3134950

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,961

Year Built

  • Built in 2004

Lot Details

  • 8,437 Sq Ft Lot
  • Sprinkler System
  • Property is zoned PUD

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Mediterranean Architecture
  • Frame Construction
  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 2,912 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Arched Windows
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Garden Views

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Gate

Outdoor Features

  • Room in yard for a pool
  • Patio

Schools

  • Carver; G.W. Middle School

Utilities

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

Community Details

  • Association fees include management, common areas, insurance, legal/accounting, ground maintenance, reserve fund, security
  • Monterey Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00424616250000290

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,961

Year Built

Built in 2004

Lot Details

0

HOA Fees

$325 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Atlantic Avenue to Hagen Ranch Rd. north. Turn east onto Lake Ida Rd. Entrance is on the south side. Left at the stop sign. 7340 is on the right side of the street.
  • Year Built: 2004
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, High Ceilings, Living/Dining Room, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Carpet, Tile
  • Living Area: 2912.0
  • Dining Room Type: Den, Family Room, Laundry
  • Stories: 2
  • Window Features: Arched, Blinds

Exterior Features

  • Exterior Features: Patio, Room For Pool
  • View: Garden
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Deed Restriction
  • Construction Type: Block, Frame
  • 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, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Security System, Security Gate
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 325.0
  • Community Features: Street Lights, Sidewalks
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Legal/Accounting, Maintenance Grounds, Reserve Fund, Security

Schools

  • Middle Or Junior School: Carver; G.W.

Lot Info

  • Parcel #: 00424616250000290
  • Lot Size Sq Ft: 8437.0
  • Zoning Description: PUD
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 6961.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2019
Closed on
Dec 20, 2019
Sold by
Green Richard J
Bought by
Dedrick Keith and Dedrick Amanda
Seller's Agent
Catherine Lewis
Signature Int'l Premier Properties
Buyer's Agent
Amy Keown
Inactive Member
List Price
$515,000
Sold Price
$438,000
Premium/Discount to List
-$77,000
-14.95%
Current Estimated Value
$926,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$488,606
Avg. Annual Appreciation
13.64%
Original Mortgage
$350,400
Outstanding Balance
$308,928
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$617,678

Purchase Details

Closed on
Jul 28, 2004
Sold by
M I Schottenstein Homes Inc
Bought by
Green Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,522
Interest Rate
3.93%
Mortgage Type
Unknown
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
Dedrick Keith $438,000 Attorney
Green Richard J $362,030 M I Title Agency Ltd L C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dedrick Keith $350,400
Previous Owner Green Richard J $271,522
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2019 12/18/19 Sold $438,000 -15.0% $150 / Sq Ft
11/18/2019 11/18/19 Pending -- -- --
08/16/2019 08/16/19 For Sale $515,000 0.0% $177 / Sq Ft
06/30/2016 06/30/16 Rented $2,600 -3.7% --
05/31/2016 05/31/16 Under Contract -- -- --
04/04/2016 04/04/16 For Rent $2,700 +12.5% --
05/06/2014 05/06/14 Rented $2,400 -25.0% --
04/06/2014 04/06/14 Under Contract -- -- --
01/17/2014 01/17/14 For Rent $3,200 -- --
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 $5,647 $359,632 -- --
2023 $5,508 $349,157 $0 $0
2022 $5,458 $338,987 $0 $0
2021 $5,424 $329,114 $0 $0
2020 $4,808 $291,631 $0 $0
2019 $7,454 $397,483 $100,000 $297,483
2018 $6,961 $381,593 $102,808 $278,785
2017 $6,544 $352,899 $76,154 $276,745
2016 $6,925 $364,856 $0 $0
2015 $7,110 $331,847 $0 $0
2014 $6,619 $301,006 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Catherine Lewis

    Signature Int'l Premier Properties

    (561) 752-5414

    15 Total Sales

    Catherine Lewis
    Section Image

  • A

    Buyer's Agent in 2019

    Amy Keown

    Inactive Member

  • H

    Seller's Agent in 2016

    Heather Wolfe

    LoKation

    Section Image
  • Nicole C Ippolito

    Buyer's Agent in 2016

    Nicole C Ippolito

    Coldwell Banker Realty

    (954) 254-9328

    53 Total Sales

    Nicole C Ippolito
    Section Image

  • L

    Buyer's Agent in 2014

    Lola Arcia

    Equity Team Realty LLC

See All Agents

Map

Source: BeachesMLS

MLS Number: R10554880

BeachesMLS

APN: 00-42-46-16-25-000-0290

Florida Palm Beach County Delray Beach 33446

7340 Serrano Terrace, 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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