NOT LISTED FOR SALE

7516 Isla Verde Way Delray Beach, FL 33446

Addison Reserve Neighborhood

Estimated Value: $3,072,000 - $4,030,000

5 Beds
7 Baths
6,163 Sq Ft
$591/Sq Ft Est. Value

Last Sold May 25, 2017

Last sale price $1,725,000 $280 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $23,508/month

238 Days on Market

Highlights

  • Golf Course Community
  • Gated with Attendant
  • 20,736 Sq Ft lot
  • Spanish River Community High School Rated A+
  • Heated Pool
  • Clubhouse

About This Home

As of May 2017

Magnificent Mediterranean Estate Home located in the most prestigious community in Addison Reserve, Isle of Verde. This 6163 SF under air home has Jerusalem Marble Throughout both Levels as well as in the Separate & Private Guest Cottage. This Cottage is comprised of 1BR,Living Rm,Full Bath, hence the perfect place for a full time Live-In Guest. Inside the Courtyard there is a Large Marble Summer Kitchen/Heated Resort Style Pool w/Spa/Waterfall/Pagoda/Columns/Lots of Covered Seating Area. Enter Through Double Glass Doors to a Beautiful Living Rm w/Floor to Ceiling Impact Glass Windows/Coffer Ceiling/Working Stone Fireplace. Formal Dining Rm w/Same Impact Windows. Open Vaulted Granite Gourmet Kitchen w/Double Sub Zero Refrigerator/Freezer/Gas Stove/Double Oven/Granite Island w/Vegetable

Last Agent to Sell the Property

Lawrence Gross

Berkshire Hathaway Florida Realty License #3063926 Listed on: 08/29/2016

Co-Listed By

Cherie Gross

Berkshire Hathaway Florida Realty License #3130570

Last Buyer's Agent

Wendy Pressner

Signature Int'l Premier Properties License #3318940

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,383

Year Built

  • Built in 2001

Lot Details

  • 0.48 Acre Lot
  • North Facing Home
  • Fenced
  • Sprinkler System

HOA Fees

  • $727 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Property Views

  • Garden
  • Pool

Home Design

  • Mediterranean Architecture
  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 6,163 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Built-In Features
  • Vaulted Ceiling
  • Decorative Fireplace
  • Bay Window
  • French Doors
  • Entrance Foyer
  • Formal Dining Room
  • Den

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Heated Pool
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater
  • Water Softener is Owned
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00424628090000010

Community Details

Overview

  • Association fees include common areas, cable TV, parking, security, trash
  • Addison Reserve Par 11 Subdivision, Expansive Courtyard Floorplan

Amenities

  • Sauna
  • Clubhouse
  • Game Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Community Spa

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,383

Year Built

Built in 2001

Lot Details

0

HOA Fees

$727 per month

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Jog Road, one half mile south of Linton Blvd. to entrance of Addison Reserve Country Club
  • Year Built: 2001
  • Architectural Style: Mediterranean
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, French Door(s)/Atrium Door(s), Fireplace, Garden Tub/Roman Tub, High Ceilings, Pantry, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s), Bay Window, Central Vacuum
  • Spa Features: Community
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Water Softener Owned, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Carpet, Marble
  • Living Area: 6163.0
  • Dining Room Type: Den
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Fence, Outdoor Grill
  • View: Garden, Pool
  • Lot Features: Sprinklers Automatic
  • Pool Features: Heated, Pool, Community
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: North
  • Roof: Spanish Tile, Tile

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Driveway, 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, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 727.0
  • Community Features: Clubhouse, Fitness, Golf, Golf Course Community, Game Room, Pool, Sauna, Street Lights, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Parking, Security, Trash

Lot Info

  • Parcel #: 00424628090000010
  • Lot Size Sq Ft: 20736.0
  • Zoning Description: R
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 33383.0

Multi Family

  • Number Of Units In Community: 716

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2016
Closed on
May 24, 2017
Sold by
Kirschner Gloria B and Kirschner Gloria
Bought by
Mogan Diane S and Mogan Glen R
Seller's Agent
Lawrence Gross
Berkshire Hathaway Florida Realty
Buyer's Agent
Wendy Pressner
Signature Int'l Premier Properties
List Price
$2,395,000
Sold Price
$1,725,000
Premium/Discount to List
-$670,000
-27.97%
Current Estimated Value
$3,672,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,947,123
Avg. Annual Appreciation
9.17%
Original Mortgage
$1,121,250
Outstanding Balance
$927,381
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,616,763

Purchase Details

Closed on
Nov 19, 2001
Sold by
Courchene Development Corp
Bought by
Kirschner Gloria B

Purchase Details

Closed on
May 4, 2000
Sold by
Taylor Woodrow Kenco Ltd
Bought by
Courchene Dev Corp
Source: Public Records

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 Buyer Sale Price Title Company
Mogan Diane S $1,725,000 Stewart Title Co
Kirschner Gloria B $2,750,696 --
Courchene Dev Corp $906,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mogan Diane S $1,121,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2017 05/25/17 Sold $1,725,000 -28.0% $280 / Sq Ft
04/25/2017 04/25/17 Pending -- -- --
08/29/2016 08/29/16 For Sale $2,395,000 -- $389 / 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 $32,111 $1,985,568 -- --
2023 $31,428 $1,927,736 $0 $0
2022 $31,265 $1,871,588 $0 $0
2021 $31,269 $1,817,076 $0 $0
2020 $31,123 $1,791,988 $0 $0
2019 $30,788 $1,751,699 $0 $0
2018 $28,842 $1,693,447 $417,690 $1,275,757
2017 $31,126 $1,757,590 $417,690 $1,339,900
2016 $26,325 $1,863,686 $0 $0
2015 $33,383 $1,775,996 $0 $0
2014 $36,796 $1,937,768 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Lawrence Gross

    Berkshire Hathaway Florida Realty

  • C

    Seller Co-Listing Agent in 2017

    Cherie Gross

    Berkshire Hathaway Florida Realty

    (561) 703-3016

    15 in this area

    16 Total Sales

    Section Image
  • Wendy Pressner

    Buyer's Agent in 2017

    Wendy Pressner

    Signature Int'l Premier Properties

    (561) 414-7147

    4 in this area

    31 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10262989

BeachesMLS

APN: 00-42-46-28-09-000-0010

Florida Palm Beach County Delray Beach 33446 Addison Reserve

7516 Isla Verde Way, Delray Beach, FL

This home is located at 7516 Isla Verde Way, Delray Beach, FL 33446 since 29 August 2016 and is currently estimated at $3,643,494, approximately $591 per square foot. This property was built in 2001. 7516 Isla Verde Way is a home located in Palm Beach County with nearby schools including Spanish River Community High School, Calusa Elementary School, and Omni 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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