NOT LISTED FOR SALE

7482 Morocca Lake Dr Delray Beach, FL 33446

Valencia Falls Neighborhood

Estimated Value: $536,111 - $646,000

3 Beds
2 Baths
2,099 Sq Ft
$280/Sq Ft Est. Value

Sale Details

Date Sold: July 17, 2020

Last sale price $427,000 $203 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,952 / mo

66 Days on Market

Highlights

  • Lake Front
  • Tennis Courts
  • Active Adult
  • Fitness Center
  • Built in 2001 | Newly Remodeled
  • Sitting Area In Primary Bedroom

About This Home

As of July 2020

Custom designed Mediterranean model home in prestigious Valencia Falls. This immaculate, true 3 bedroom, 2 bath home, has a beautiful open floor plan, huge great room, lots of natural light & gorgeous lake views. Glass French Doors lead out to the expansive covered lanai with hurricane reinforced screening. A great place to relax. Tray ceilings beautify the master bedroom & a roman jetted tub highlight the spacious en suite master bathroom w/double vanities. Available unfurnished or furnished & equipped with a full house, RO water filtration system, a new smart thermostat, 2 refrigerators & hurricane accordion shutters. Pristine & move-in ready. Valencia Falls is considered one of the most vibrant 55+communities w/a beautiful amenities. Live like you are on vacation.

Last Agent to Sell the Property

Laurie Reader

Keller Williams Dedicated Professionals License #0652792 Listed on: 05/12/2020

Keller Williams Dedicated Professionals

Last Buyer's Agent

Jeffrey Silver

KW Innovations License #3321050

KW Innovations

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,660

Year Built

  • Built in 2001 | Newly Remodeled

Lot Details

  • 5,557 Sq Ft Lot
  • 50 Ft Wide Lot
  • Lake Front
  • South Facing Home
  • Property is zoned PUD

HOA Fees

  • $587 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway
  • Open Parking

Property Views

  • Water
  • Garden

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,099 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Furniture Can Be Negotiated
  • Vaulted Ceiling
  • Vertical Blinds
  • French Doors
  • Entrance Foyer
  • Family Room
  • Tile Flooring
  • Complete Accordion Shutters

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Tennis Courts
  • Exterior Lighting

Schools

  • Hagen Road Elementary School
  • Carver; G.W. Middle School
  • Spanish River Community High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 00424609160001090

Community Details

Overview

  • Active Adult
  • Valencia Falls 3,Valencia Falls Subdivision
  • Mandatory home owners association

Recreation

  • Shuffleboard Court
  • Fitness Center
  • Community Pool

Security

  • Security Service
  • Resident Manager or Management On Site
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,660

Year Built

Built in 2001 | Newly Remodeled

Lot Details

5,557 Sq Ft Lot

HOA Fees

$587 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story, Mediterranean
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: VALENCIA FALLS 3,VALENCIA FALLS
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Cooking Island, Entrance Foyer, French Doors, Laundry Tub, Pantry, Roman Tub, Split Bedroom, Volume Ceilings, Walk-In Closet(s), Family Room, Utility Room/Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Entry Location: Foyer
  • Flooring: Tile
  • Furnished: Partially, Unfurnished, Furniture Negotiable
  • Living Area: 2099
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Unknown/Withheld
  • Window Features: Complete Accordian Shutters, Partial Accordian Shutters, Hurricane Shutters, Blinds, Verticals
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Master Bedroom Ground Level, Sitting Area - Master Bedroom
  • Living Room Features: Family Room, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Concrete, Curved/S-Tile Roof
  • View: Garden, Water
  • Exterior Features: Lighting, Tennis Court(s)
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Screened Porch
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: WF/No Ocean Access, Lake
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: VALENCIA FALLS 3
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub, Utility Room/Laundry

Condo/Co-op/Association

  • Association Fee: 587
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Pool, Exercise Room, Gated Community, Management On Site, Mandatory Hoa, Paved Road, Security Patrol, Shuffle Board, Street Lights
  • Senior Community: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: Hagen Road
  • High School: Spanish River Community
  • Middle Or Junior School: Carver; G.W.

Lot Info

  • Parcel Number: 00424609160001090
  • Lot Size Sq Ft: 5557
  • Zoning: PUD
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4660

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2020
Closed on
Jul 17, 2020
Sold by
Joan Gerrig Revocable Trust
Bought by
Lerman Stanley Martin and Lerman Teresa Marie
Seller's Agent
Laurie Reader
Keller Williams Dedicated Professionals
Buyer's Agent
Jeffrey Silver
KW Innovations
List Price
$450,000
Sold Price
$427,000
Premium/Discount to List
-$23,000
-5.11%
Current Estimated Value
$587,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,278
Avg. Annual Appreciation
5.70%
Original Mortgage
$213,000
Outstanding Balance
$188,391
Interest Rate
3.2%
Mortgage Type
Balloon
Estimated Equity
$398,887

Purchase Details

Closed on
Oct 1, 2003
Sold by
Gerrig Theodore and Gerrig Joan
Bought by
Gerrig Joan and Gerrig Theodore E

Purchase Details

Closed on
Aug 31, 2001
Sold by
G L Hms Of Boynton Bch Assocs V
Bought by
Gerrig Theodore and Gerrig Joan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lerman Stanley Martin $427,500 South Florida Title Assc Llc
Gerrig Joan -- --
Gerrig Theodore $254,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lerman Stanley Martin $213,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2020 07/17/20 Sold $427,000 -2.9% $203 / Sq Ft
06/11/2020 06/11/20 Price Changed $439,900 -1.1% $210 / Sq Ft
06/01/2020 06/01/20 Price Changed $444,900 -0.8% $212 / Sq Ft
05/23/2020 05/23/20 Price Changed $448,500 -0.3% $214 / Sq Ft
05/12/2020 05/12/20 For Sale $450,000 -- $214 / Sq Ft
Source: MIAMI REALTORS® MLS

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
2025 $2,981 $391,622 -- --
2024 $2,981 $380,585 -- --
2023 $5,760 $369,500 -- --
2022 $5,791 $358,738 $0 $0
2021 $5,757 $348,289 $139,030 $209,259
2020 $4,709 $286,512 $0 $0
2019 $4,660 $280,070 $0 $0
2018 $4,427 $274,848 $0 $0
2017 $4,373 $269,195 $0 $0
2016 $2,195 $263,658 $0 $0
2015 $4,487 $261,825 $0 $0
2014 $4,498 $259,747 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Laurie Reader

    Seller's Agent in 2020

    Laurie Reader

    Keller Williams Dedicated Professionals

    (954) 328-0228

    2,209 Total Sales

    Laurie Reader
    Section Image
  • Jeffrey Silver

    Buyer's Agent in 2020

    Jeffrey Silver

    KW Innovations

    (561) 735-3030

    188 Total Sales

    Jeffrey Silver
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10857364

MIAMI REALTORS® MLS

APN: 00-42-46-09-16-000-1090

Florida Palm Beach County Delray Beach 33446 Valencia Falls

7482 Morocca Lake Dr, Delray Beach, FL

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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