NOT LISTED FOR SALE

7440 W Mercada Way Delray Beach, FL 33446

Valencia Falls Neighborhood

Estimated Value: $430,000 - $588,067

3 Beds
2 Baths
1,606 Sq Ft
$315/Sq Ft Est. Value

Last Sold June 15, 2023

Last sale price $600,000 $374 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $3,988/month

49 Days on Market

Highlights

  • Lake Front
  • Senior Community
  • Vaulted Ceiling
  • Gated with Attendant
  • Clubhouse
  • Roman Tub

About This Home

As of June 2023

GORGEOUSLY & METICULOUSLY RENOVATED OPEN CONCEPT IMPERIAL MODEL ON THE WATER! ACCORDION SHUTTERS, ROOF-2022, GUTTERS- 2022, LUXURY VINYL WOOD LOOKING FLOORING THROUGHOUT LIVING AREAS-2022, STAINLESS STEEL APPLIANCES-2022, KITCHEN RENOVATION- 2022, INTERIOR FRESHLY PAINTED, UPDATED BASEBOARDS, UPDATED WINDOW TREATMENTS- SOLAR SHADES-2022. PLANTATION SHUTTERS IN ALL BEDROOMS. THIRD BEDROOM USED AS A DEN/OFFICE HAS UPDATED FRENCH DOORS-2022. AC INSTALLED 2022. ENJOY SCREENED-IN LANAI WITH GORGEOUS LAKEVIEWS AND EXOTIC BIRDS. DINING ROOM AND KITCHEN ALSO HAVE SPECTACULAR VIEWS. EXPANDED OUTSIDE PATIO & ADDED SITTING AREA. PROFESSIONALLY LANDSCAPED. LOOKS LIKE A MODEL HOME! ALL MEASUREMENTS ARE DEEMED ACCURATE AND SHOULD BE INDEPENDENTLY VERIFIED. VALENCIA FALLS IS A GUARDED & GATED 55+

Last Agent to Sell the Property

Maura Slaughter

RE/MAX Select Group License #3224632 Listed on: 04/26/2023

RE/MAX Select Group

Co-Listed By

Mark Slaughter

RE/MAX Select Group License #3385519

Last Buyer's Agent

Jonathan Pagan

Beachfront Properties Real Estate LLC License #3490476

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,460

Year Built

  • Built in 2002

Lot Details

  • 4,994 Sq Ft Lot
  • Lake Front
  • Sprinkler System
  • Property is zoned PUD

HOA Fees

  • $646 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Lake
  • Garden

Home Design

  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 1,606 Sq Ft Home
  • 1-Story Property
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Vaulted Ceiling
  • French Doors
  • Family Room
  • Formal Dining Room

Kitchen

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

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Roman Tub

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00424609200004000

Community Details

Overview

  • Senior Community
  • Association fees include management, common areas, cable TV, ground maintenance, maintenance structure, pest control, recreation facilities, reserve fund, security, internet
  • Built by GL Homes
  • Valencia Falls Subdivision, Imperial Floorplan

Amenities

  • 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

$4,460

Year Built

Built in 2002

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: HAGEN RANCH, NORTH OF LAKE IDA ON EAST SIDE OF ROAD. GO THRU GUARD GATE, GO LEFT, FIRST LEFT ONTO LA SABINA THEN RIGHT ONTO LA SABINA THEN LEFT ONTO W. MERCADA
  • Year Built: 2002
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Breakfast Area, Dining Area, Separate/Formal Dining Room, Dual Sinks, French Door(s)/Atrium Door(s), Garden Tub/Roman Tub, Pantry, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Negotiable
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Flooring: Tile, Vinyl
  • Living Area: 1606.0
  • Dining Room Type: Family Room
  • Stories: 1

Exterior Features

  • Exterior Features: Patio
  • View: Garden, Lake
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None, Association, Community
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Disclosures: Pet on Property
  • Builder Name: GL Homes
  • 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, Driveway, Garage, Garage Door Opener

Utilities

  • Security: Security System, Gated with Guard, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: 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, Shuffleboard, Tennis Court(s)
  • Senior Community: Yes
  • Amenities: Basketball Court, Bocce Court, Billiard Room, Clubhouse, Management, Pickleball, Pool, Putting Green(s), Shuffleboard Court, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly

Fee Information

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

Lot Info

  • Parcel #: 00424609200004000
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 4994.0
  • Zoning Description: PUD
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4460.0

Multi Family

  • Number Of Units In Community: 705

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2023
Closed on
Jun 7, 2023
Sold by
Topal Gail and Topal Michelle
Bought by
Blaney Michael and Blaney Diana
Seller's Agent
Maura Slaughter
RE/MAX Select Group
Buyer's Agent
Jonathan Pagan
Beachfront Properties Real Estate LLC
List Price
$625,000
Sold Price
$600,000
Premium/Discount to List
-$25,000
-4%
Total Days on Market
49
Views
115
Current Estimated Value
$506,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$93,733
Avg. Annual Appreciation
-5.40%
Original Mortgage
$285,000
Outstanding Balance
$278,829
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$258,675

Purchase Details

Listed on
Apr 28, 2022
Closed on
May 31, 2022
Sold by
Siddy N Rosenberg Revocable Living Trust
Bought by
Topal Gail and Topal Michelle
Seller's Agent
Maura Slaughter
RE/MAX Select Group
Buyer's Agent
Lori Dennis
Lang Realty/ BR
List Price
$550,000
Sold Price
$565,000
Premium/Discount to List
$15,000
2.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.95%

Purchase Details

Listed on
Feb 23, 2018
Closed on
Jun 12, 2018
Sold by
Somero Michael
Bought by
Rosenberg Siddy N and Siddy N Rosenberg Revocable Li
Seller's Agent
Andrew Spatafora
MMLS Assoc.-Inactive Member
Buyer's Agent
Rose Poley Weinstein
MMLS Assoc.-Inactive Member
List Price
$329,500
Sold Price
$320,000
Premium/Discount to List
-$9,500
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.40%

Purchase Details

Listed on
Jun 13, 2013
Closed on
Oct 9, 2013
Sold by
Deutsche Home Loan Funding Llc
Bought by
Somero Michael
Seller's Agent
Avi Stern
Tangent Realty Corp
List Price
$299,900
Sold Price
$246,000
Premium/Discount to List
-$53,900
-17.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.79%
Original Mortgage
$146,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2013
Sold by
Cho John D and Cho Yang W
Bought by
Deutsche Home Loan Funding Llc

Purchase Details

Closed on
Oct 24, 2002
Sold by
G L Homes Of Boynton Beach Assoc V Ltd
Bought by
Cho John D and Cho Yang W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,400
Interest Rate
6.01%
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
Blaney Michael $600,000 None Listed On Document
Topal Gail $565,000 Jk Closing Attorneys Pllc
Rosenberg Siddy N $320,000 Mason Title Company Inc
Somero Michael $246,000 Attorney
Deutsche Home Loan Funding Llc $194,400 None Available
Cho John D $193,090 Nova Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blaney Michael $285,000
Previous Owner Somero Michael $146,000
Previous Owner Cho John D $50,000
Previous Owner Cho John D $258,750
Previous Owner Cho John D $75,000
Previous Owner Cho John D $75,000
Previous Owner Cho John D $154,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2023 06/15/23 Sold $600,000 -4.0% $374 / Sq Ft
04/27/2023 04/27/23 For Sale $625,000 +10.6% $389 / Sq Ft
05/31/2022 05/31/22 Sold $565,000 +2.7% $352 / Sq Ft
05/01/2022 05/01/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $550,000 +71.9% $342 / Sq Ft
06/12/2018 06/12/18 Sold $320,000 -2.9% $198 / Sq Ft
05/17/2018 05/17/18 Pending -- -- --
02/22/2018 02/22/18 For Sale $329,500 +33.9% $203 / Sq Ft
10/10/2013 10/10/13 Sold $246,000 -18.0% $152 / Sq Ft
09/10/2013 09/10/13 Pending -- -- --
06/13/2013 06/13/13 For Sale $299,900 -- $185 / 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 $6,005 $381,638 -- --
2023 $7,758 $486,204 $194,578 $291,626
2022 $4,460 $279,701 $0 $0
2021 $4,425 $271,554 $0 $0
2020 $4,390 $267,805 $0 $267,805
2019 $4,443 $267,849 $0 $267,849
2018 $4,915 $262,722 $0 $262,722
2017 $5,194 $275,758 $0 $0
2016 $4,874 $250,784 $0 $0
2015 $4,840 $234,142 $0 $0
2014 $4,367 $212,856 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Maura Slaughter

    Seller's Agent in 2023

    Maura Slaughter

    RE/MAX

    (508) 847-0334

    99 in this area

    132 Total Sales

    Maura Slaughter
    Section Image

  • M

    Seller Co-Listing Agent in 2023

    Mark Slaughter

    RE/MAX

    (561) 826-7800

    92 in this area

    109 Total Sales

    Mark Slaughter
    Section Image

  • J

    Buyer's Agent in 2023

    Jonathan Pagan

    Beachfront Properties Real Estate LLC

    (561) 523-8537

    1 in this area

    28 Total Sales

    Jonathan Pagan
    Section Image

  • L

    Buyer's Agent in 2022

    Lori Dennis

    Lang Realty/ BR

    (561) 414-6199

    1 in this area

    23 Total Sales

    Lori Dennis
    Section Image

  • A

    Seller's Agent in 2018

    Andrew Spatafora

    MMLS Assoc.-Inactive Member

  • R

    Buyer's Agent in 2018

    Rose Poley Weinstein

    MMLS Assoc.-Inactive Member

    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10884816

BeachesMLS

APN: 00-42-46-09-20-000-4000

Florida Palm Beach County Delray Beach 33437 Valencia Falls

7440 W Mercada Way, Delray Beach, FL

This home is located at 7440 W Mercada Way, Delray Beach, FL 33446 since 26 April 2023 and is currently estimated at $506,267, approximately $315 per square foot. This property was built in 2002. 7440 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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