7440 W Mercada Way Delray Beach, FL 33446
Valencia Falls Neighborhood
3
Beds
2
Baths
1,620
Sq Ft
4,792
Sq Ft Lot
Highlights
- Lake Front
- Senior Community
- Vaulted Ceiling
- Gated with Attendant
- Clubhouse
- Roman Tub
About This Home
As of June 2023WOW! 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 Agent to Sell the Property
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
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%
Views
115
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$70,398
Avg. Annual Appreciation
-7.63%
Original Mortgage
$285,000
Outstanding Balance
$278,829
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$227,438
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%
Similar Homes in Delray Beach, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
-
Seller's Agent in 2023
Maura Slaughter
RE/MAX
(508) 847-0334
104 in this area
138 Total Sales
-
M
Seller Co-Listing Agent in 2023
Mark Slaughter
RE/MAX
(561) 826-7800
96 in this area
113 Total Sales
-
J
Buyer's Agent in 2023
Jonathan Pagan
Beachfront Properties Real Estate LLC
(561) 523-8537
1 in this area
30 Total Sales
-
L
Buyer's Agent in 2022
Lori Dennis
Lang Realty/ BR
(561) 414-6199
1 in this area
25 Total Sales
-
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
Map
Source: BeachesMLS
MLS Number: R3374507
APN: 00-42-46-09-20-000-4000
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