$246,000
SOLD OCT 10, 2013

7440 W Mercada Way Delray Beach, FL 33446

Valencia Falls Neighborhood
3 Beds
2 Baths
1,620 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$152 Per Sq Ft

18% Below List Price

88 Days on Market

Highlights

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

About This Home

As of June 2023

WOW! Great opportunity to buy a beautiful upgraded 3 bedroom home on lake in one of the nicest 55+ communities in Palm Beach County! Wood floors throughout! Carpet in master bedroom! Brand new stainless steel appliances! This will not last!

Last Listed By

Avi Stern

Tangent Realty Corp License #3244448 Listed on: 06/13/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,546

Year Built

  • Built in 2002

Lot Details

  • Lake Front
  • South Facing Home
  • Sprinkler System

HOA Fees

  • $510 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 1,620 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Blinds
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room
  • Den
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00424609200004000

Community Details

Overview

  • Senior Community
  • Association fees include common areas, cable TV, ground maintenance, recreation facilities, security
  • Valencia Falls Subdivision, Imperial On Lake Floorplan

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,546

Year Built

Built in 2002

Lot Details

0

HOA Fees

$510 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 RD. JUST NORTH OF LAKE IDA ON EAST SIDE
  • Year Built: 2002
  • Architectural Style: Ranch
  • Special Features: None

Interior Features

  • Interior Amenities: Dual Sinks, Entrance Foyer, Eat-in Kitchen, Garden Tub/Roman Tub, Living/Dining Room, Pantry, Split Bedrooms, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1620.0
  • Dining Room Type: Den, Great Room
  • Stories: 1
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Patio
  • View: Lake
  • Lot Features: Sprinklers Automatic
  • Pool Features: None, Association, Community
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: South
  • Patio And Porch Features: Patio
  • 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

Utilities

  • Security: Security System, Gated with Guard, Smoke Detector(s)
  • Green Building Features: Exterior Lighting
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 510.0
  • Community Features: Clubhouse, Fitness, Pool, Sidewalks, Tennis Court(s)
  • Senior Community: Yes
  • Amenities: Clubhouse, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Maintenance Grounds, Recreation Facilities, Security

Lot Info

  • Parcel #: 00424609200004000
  • Zoning Description: RES

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 4546.0

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
88
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 Type Sale Price Title Company
Warranty Deed $600,000 None Listed On Document
Warranty Deed $565,000 Jk Closing Attorneys Pllc
Warranty Deed $320,000 Mason Title Company Inc
Warranty Deed $246,000 Attorney
Trustee Deed $194,400 None Available
Special Warranty Deed $193,090 Nova Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $285,000 New Conventional
Previous Owner $146,000 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $258,750 Negative Amortization
Previous Owner $75,000 Credit Line Revolving
Previous Owner $75,000 Credit Line Revolving
Previous Owner $154,400 No Value Available
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: R3374507

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 and is currently priced at $246,000, approximately $151 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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