NOT LISTED FOR SALE

7470 Monte Verde Ln West Palm Beach, FL 33412

Estimated Value: $1,216,846 - $1,353,000

5 Beds
4 Baths
3,529 Sq Ft
$363/Sq Ft Est. Value

Last Sold June 01, 2012

Last sale price $400,000 $113 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $8,305/month

358 Days on Market

Highlights

  • Golf Course Community
  • Gated with Attendant
  • Lake View
  • Pierce Hammock Elementary School Rated A-
  • Heated Pool
  • Clubhouse

About This Home

As of June 2012

WOW! What a price for a spectacular former model home with over $100,000 in upgrades! Buyers' loss is your gain! Hurry! Absolutely stunning 2-story home with great golf course/water views. Spacious floorplan with master bedroom & guest bedroom on first floor. 3 guest bedrooms upstairs. Downstairs guest bedrm has custom built-ins & currently being used as office. Beautiful marble floors on first floor. Designer crown molding, wall moldings, etc. Upgraded kitchen with granite counters. NEW upgraded stainless steel appliances. Beautiful custom built-in entertainment center in spacious family room. NEW washer & dryer. 2 newer air conditioners. ''Hurricane resistant'' film on all windows plus accordian hurricane shutters on some. NATURAL GAS GENERATOR! Lush ... (see supplement for full re

Last Agent to Sell the Property

Sandra Jacobellis

Inactive Member License #386742 Listed on: 05/09/2011

Co-Listed By

Gerald Lieberman

Leibowitz Realty Group, Inc/IBIS License #3213516

Last Buyer's Agent

Jennifer Pritchett PA

RE/MAX Select Group License #BK3007961

RE/MAX Select Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2000

Lot Details

  • West Facing Home
  • Sprinkler System
  • Zero Lot Line
  • Property is zoned Pud

HOA Fees

  • $258 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Property Views

  • Lake
  • Golf Course
  • Pool

Home Design

  • Mediterranean Architecture
  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 3,529 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Single Hung Metal Windows
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms
  • Roman Tub

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • Heated Pool
  • Screen Enclosure

Outdoor Features

  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Reverse Cycle Heating System
  • Underground Utilities
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74414225050000060

Community Details

Overview

  • Association fees include common areas, cable TV, ground maintenance, security
  • Ibis Monte Verde Subdivision, Serena Floorplan

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Spa

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Year Built

Built in 2000

Lot Details

0

HOA Fees

$258 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: From front guard gate,straight to 3rd stop, left to Monte Verde signs
  • Year Built: 2000
  • Architectural Style: Mediterranean
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Garden Tub/Roman Tub, High Ceilings, Split Bedrooms, Walk-In Closet(s)
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Gas Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Flooring: Carpet, Ceramic Tile, Marble
  • Living Area: 3529.0
  • Dining Room Type: Den, Family Room
  • Stories: 2
  • Window Features: Blinds, Metal, Single Hung, Sliding

Exterior Features

  • Exterior Features: Patio
  • View: Golf Course, Lake, Pool
  • Lot Features: Sprinklers Automatic, < 1/4 Acre, Zero Lot Line
  • Pool Features: Heated, Pool, Screen Enclosure
  • Pool Private: Yes
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: West
  • Patio And Porch Features: Patio
  • Roof: Spanish Tile, Tile

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Golf Cart Garage, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security System, Gated with Guard, Security Guard, Smoke Detector(s)
  • Cooling: Central Air, Reverse Cycle, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 258.0
  • Community Features: Clubhouse, Fitness, Golf, Golf Course Community, Property Manager On-Site, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional

Fee Information

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

Lot Info

  • Parcel #: 74414225050000060
  • Zoning Description: Pud

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 10607.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2011
Closed on
Jun 1, 2012
Sold by
Levetown Lewis D and Levetown Frances E
Bought by
Zanchetti Ronald Z and Zanchetti Lori L
Seller's Agent
Sandra Jacobellis
Inactive Member
Buyer's Agent
Jennifer Pritchett PA
RE/MAX Select Group
List Price
$579,000
Sold Price
$400,000
Premium/Discount to List
-$179,000
-30.92%
Current Estimated Value
$1,281,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$881,462
Avg. Annual Appreciation
9.11%

Purchase Details

Closed on
Mar 5, 2012
Sold by
Levetown Lewis D and Levetown Frances C
Bought by
Levetown Lewis D and Levetown Frances C

Purchase Details

Closed on
Dec 28, 2006
Sold by
Levetown Lewis D and Levetown Frances C
Bought by
Levetown Lewis D and Levetown Frances C

Purchase Details

Closed on
May 21, 2004
Sold by
Keller Ronald L and Keller Monireh M
Bought by
Levetown Lewis D and Levetown Frances C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 3, 2000
Sold by
Rjs Bldr Inc
Bought by
Keller Ronald L and Keller Monireh M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
7.94%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Zanchetti Ronald Z $400,000 Attorney
Levetown Lewis D -- Attorney
Levetown Lewis D -- Attorney
Levetown Lewis D $579,000 Lighthouse Title Services In
Keller Ronald L $505,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Levetown Lewis D $290,000
Previous Owner Keller Ronald L $25,000
Previous Owner Keller Ronald L $404,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2012 06/01/12 Sold $400,000 -30.9% $113 / Sq Ft
05/02/2012 05/02/12 Pending -- -- --
05/09/2011 05/09/11 For Sale $579,000 -- $164 / 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 $15,025 $595,106 -- --
2023 $13,373 $541,005 $182,100 $519,037
2022 $11,838 $491,823 $0 $0
2021 $10,280 $430,354 $132,000 $298,354
2020 $10,815 $451,252 $150,000 $301,252
2019 $10,336 $424,844 $0 $424,844
2018 $11,293 $482,769 $0 $482,769
2017 $11,434 $507,394 $0 $0
2016 $10,252 $418,036 $0 $0
2015 $10,224 $403,677 $0 $0
2014 $9,824 $379,281 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R3196047

BeachesMLS

APN: 74-41-42-25-05-000-0060