NOT LISTED FOR SALE

7457 W Mercada Way Delray Beach, FL 33446

Valencia Falls Neighborhood

Estimated Value: $465,000 - $536,000

3 Beds
2 Baths
1,765 Sq Ft
$285/Sq Ft Est. Value

Last Sold March 28, 2017

Last sale price $298,500 $169 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,728/month

217 Days on Market

Highlights

  • Water Views
  • Fitness Center
  • Clubhouse
  • Hagen Road Elementary School Rated A-
  • Home fronts a pond
  • Jettted Tub and Separate Shower in Primary Bathroom

About This Home

As of March 2017

3/2 home in sought after Valencia Falls! Formal Dining Room and a great enclosed porch that goes full length of house on a serene pond! House has hurricane shutters throughout. Enjoy the best that South Florida has to offer with an active lifestyle in the guard-gated, age-restricted, pet-friendly community. Clubhouse is outstanding and has a cafe, exercise facility, clubs, tennis, playground for kids, card rooms, pool & more. Home is on a quiet street with low traffic. Motivated seller, easy to show!!

Last Agent to Sell the Property

Gary Lits

Gary Lits Realty License #3132901 Listed on: 08/13/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,894

Year Built

  • Built in 2002

Lot Details

  • 5,584 Sq Ft Lot
  • Home fronts a pond
  • North Facing Home
  • Property is zoned PUD

HOA Fees

  • $519 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener
  • Driveway
  • On-Street Parking
  • Open Parking

Home Design

  • Tile Roof

Interior Spaces

  • 1,765 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Double Hung Metal Windows
  • Vertical Blinds
  • Sliding Windows
  • Family Room
  • Formal Dining Room
  • Den
  • Water Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00424609200004480

Community Details

Overview

  • Valencia Falls Plt 04,Valencia Falls Pl4 Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse
  • Game Room

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,894

Year Built

Built in 2002

Lot Details

0

HOA Fees

$519 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: Valencia Falls Plt 04,VALENCIA FALLS PL4
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Bar, Closet Cabinetry, Pantry, Walk-In Closet(s), Den/Library/Office, Family Room
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Furnished: Partially Furnished, Furniture Negotiable
  • Living Area: 1765
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Window Features: Hurricane Shutters, Blinds, Double Hung Metal, Sliding, Verticals
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level
  • Dining Room Features: Formal Dining, Kitchen Dining
  • Living Room Features: Den/Library/Office, Family Room
  • Master Bathroom Features: Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Water
  • Direction Faces: North
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio, Screened Porch
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Pond
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Valencia Falls Plt 04
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Alarm, Owned Burglar Alarm, Smoke Detector

Condo/Co-op/Association

  • Association Fee: 1556
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Community Features: Clubhouse, Exercise Room, Game Room, Mandatory Hoa, Pool, Tennis Court(s)
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 00424609200004480
  • Lot Size Sq Ft: 5584
  • Zoning: PUD
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3894

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2017
Sold by
Solow Theodore G and Solow Ronnie G
Bought by
Solow Theodore G and Solow Ronnie G
Current Estimated Value
$510,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Outstanding Balance
$187,150
Interest Rate
3.9%
Estimated Equity
$358,528

Purchase Details

Closed on
Jun 27, 2017
Sold by
Vivian Bailes
Bought by
Solow Theodore and Solow Ronnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Outstanding Balance
$187,150
Interest Rate
3.9%
Estimated Equity
$358,528

Purchase Details

Listed on
Aug 13, 2016
Closed on
Mar 25, 2017
Sold by
Bailes Vivian
Bought by
Solow Theodore D and Solow Ronnie G
Seller's Agent
Gary Lits
Gary Lits Realty
List Price
$343,900
Sold Price
$298,500
Premium/Discount to List
-$45,400
-13.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.46%

Purchase Details

Closed on
Feb 27, 2002
Sold by
G L Homes Of Boynton Beach Associates V
Bought by
Bailes Neil and Bailes Vivian
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
Solow Theodore G -- Attorney
Solow Theodore $298,500 --
Solow Theodore D $298,500 Attorney
Bailes Neil $213,585 Nova Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Solow Theodore $222,000
Closed Solow Theodore --
Closed Solow Theodore G $222,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2017 03/28/17 Sold $298,500 -3.7% $169 / Sq Ft
03/19/2017 03/19/17 Pending -- -- --
03/06/2017 03/06/17 Price Changed $310,000 -3.0% $176 / Sq Ft
02/05/2017 02/05/17 Price Changed $319,500 -1.4% $181 / Sq Ft
12/05/2016 12/05/16 Price Changed $324,000 -1.5% $184 / Sq Ft
11/02/2016 11/02/16 Price Changed $329,000 -2.7% $186 / Sq Ft
09/12/2016 09/12/16 Price Changed $338,000 -1.7% $192 / Sq Ft
08/13/2016 08/13/16 For Sale $343,900 -- $195 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $4,961 $317,475 -- --
2023 $4,836 $308,228 $0 $0
2022 $4,789 $299,250 $0 $0
2021 $4,754 $290,534 $0 $0
2020 $4,718 $286,523 $0 $286,523
2019 $4,779 $286,771 $0 $286,771
2018 $4,541 $281,461 $0 $281,461
2017 $5,522 $294,517 $0 $0
2016 $3,805 $231,534 $0 $0
2015 $3,894 $229,925 $0 $0
2014 $3,903 $228,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2017

    Gary Lits

    Gary Lits Realty

    (305) 542-9109

    1 Total Sale

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10131556

MIAMI REALTORS® MLS

APN: 00-42-46-09-20-000-4480

Florida Palm Beach County Delray Beach 33446 Valencia Falls

7457 W Mercada Way, Delray Beach, FL

This home is located at 7457 W Mercada Way, Delray Beach, FL 33446 since 13 August 2016 and is currently estimated at $502,814, approximately $284 per square foot. This property was built in 2002. 7457 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.

MIAMI REALTORS® MLS 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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