NOT LISTED FOR SALE

7521 Isla Verde Way Delray Beach, FL 33446

Addison Reserve Neighborhood

Estimated Value: $4,304,000 - $4,974,000

5 Beds
8.5 Baths
9,199 Sq Ft
$503/Sq Ft Est. Value

Last Sold April 21, 2021

Last sale price $3,242,500 $352 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $30,465/month

9 Days on Market

Highlights

  • Lake Front
  • Golf Course Community
  • Home Theater
  • Spanish River Community High School Rated A+
  • Gated with Attendant
  • Private Pool

About This Home

As of April 2021

Welcome to the exclusive Addison Reserve neighborhood of Isla Verde. This rare to market, approx. 9200 sq. ft. under air custom estate with incredible lakefront grounds, overlooks scenic lakes, private grounds & the prestigious Arthur Hills inspired golf course. This 5 Bedroom, 8.1 bath showplace with courtyards & terraces, lavish outdoor entertaining areas, and pool & spa. Elegance with voluminous rooms, an old-world pub room, elaborate 2-story wine cellar/tasting room, theater, paneled library, Sumptuous master suite, sauna, his/her baths & magical views. New roof, LED lighting package & much more. Addison Reserve is a Distinguished Elite Club and recognized as the #5 country club in the country. Bring your golf clubs & tennis racquets and start living the Addison lifestyle today!

Last Agent to Sell the Property

Alan Brandfon

Luxury Partners Realty License #3261084 Listed on: 03/13/2021

Luxury Partners Realty

Last Buyer's Agent

Alan Brandfon

Luxury Partners Realty License #3261084 Listed on: 03/13/2021

Luxury Partners Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $395

Year Built

  • Built in 1998

Lot Details

  • Lake Front
  • Fenced
  • Property is zoned RTS

HOA Fees

  • $295 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Circular Driveway

Property Views

  • Lake
  • Golf Course

Home Design

  • Mediterranean Architecture
  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 9,199 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bar
  • High Ceiling
  • Fireplace
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Loft
  • Sauna
  • Marble Flooring
  • Impact Glass

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Dual Sinks

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Balcony
  • Open Patio
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00424628090000260

Community Details

Overview

  • Association fees include management, security
  • Private Membership Available
  • Addison Reserve Subdivision

Amenities

  • Clubhouse
  • Business Center

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Community Pool

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$395

Year Built

Built in 1998

Lot Details

0

HOA Fees

$295 per month

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Main entrance to Addison Reserve in on the west side of Jog Rd., just south of Linton Blvd. and north of Clint Moore Rd.
  • Year Built: 1998
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, French Door(s)/Atrium Door(s), Fireplace, High Ceilings, Pantry, Bar, Loft
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Marble
  • Living Area: 9199.0
  • Dining Room Type: Den, Family Room, Laundry, Loft, Media Room, Sauna
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony, Fence, Outdoor Grill
  • View: Golf Course, Lake
  • Pool Features: Pool, Association, Community
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale
  • Roof: Spanish Tile, Tile

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Driveway

Utilities

  • Security: Gated with Guard
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available

Condo/Co-op/Association

  • Association Fee: 295.0
  • Community Features: Clubhouse, Golf, Golf Course Community, Gated, Pickleball, Pool, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Business Center, Clubhouse, Golf Course, Pickleball, Private Membership, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Security

Lot Info

  • Parcel #: 00424628090000260
  • Zoning Description: RTS

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 395.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2022
Sold by
Wolfe and Anna
Bought by
Wflt20210521-99 Land Trust
Total Days on Market
9
Current Estimated Value
$4,628,531

Purchase Details

Listed on
Mar 13, 2021
Closed on
Apr 22, 2021
Sold by
Schlesinger Pamula and Amphelicia Pamula
Bought by
Wolfe David and Wolfe Anna
Seller's Agent
Alan Brandfon
Luxury Partners Realty
Buyer's Agent
Alan Brandfon
Luxury Partners Realty
List Price
$3,485,000
Sold Price
$3,242,500
Premium/Discount to List
-$242,500
-6.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.95%

Purchase Details

Listed on
Apr 1, 2017
Closed on
Dec 12, 2017
Sold by
Stevenovich Steve G and Stevenovich Ashley M
Bought by
Schluinger Pamula
Seller's Agent
Jennifer Kilpatrick
The Corcoran Group
Buyer's Agent
Jennifer Kilpatrick
The Corcoran Group
List Price
$3,375,000
Sold Price
$2,495,000
Premium/Discount to List
-$880,000
-26.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.11%

Purchase Details

Closed on
Jun 29, 2000
Sold by
Stuart Ian I and Stuart Elizabeth A
Bought by
Stevanovich Steve G and Stevanovich Ashley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
8.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 1998
Sold by
Tuscan-Harvey Estate Homes Inc
Bought by
Stuart Ian I and Stuart Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
6.96%
Mortgage Type
New Conventional
Source: Public Records

Similar Homes in Delray Beach, FL

  • 8388 Del Prado Dr, Delray Beach, FL 33446

    $5,750,000

    • 6 Beds
    • 9 Baths
    • 8,313 Sq Ft
    • 8388 Del Prado Dr
    • Delray Beach, FL

    Rare opportunity to own a luxury custom estate with full golf equity membership available in prestigious Mizner Country Club, situated on the 18th fairway on Del Prado Dr. This exceptional property offers 6 bedrooms, marble floors, soaring ceilings, a chef's kitchen, elevator, and Lutron & Savant smart home systems. Enjoy a completely rebuilt custom theatre whole-house HEPA air filtration, and a

    Jeremy Olsher Compass Florida LLC

    Section Image
  • 9544 Balenciaga Ct, Delray Beach, FL 33446

    $4,795,000

    • 6 Beds
    • 8.5 Baths
    • 7,869 Sq Ft
    • 9544 Balenciaga Ct
    • Delray Beach, FL

    Experience luxury living in this breathtaking Vanderbilt model with 7,879 SF SF on a stunning lakefront lot with a lanai, pool and sports court. The grand entry with a formal living room has captivating views of the pool and lake, creating an atmosphere of tranquility and sophistication. The main floor features a living room, family room, formal dining room, kitchen, breakfast area, lounge/bar

    Jill Glanzer Signature Real Estate Finder

    Section Image
  • 109 NE 13th St, Delray Beach, FL 33444

    $4,795,000

    • 5 Beds
    • 8 Baths
    • 4,002 Sq Ft
    • 109 NE 13th St
    • Delray Beach, FL

    Bringing "Alys Beach" to Delray Beach, introducing this Gorgeous Brand New Home built by Bella Homes "Coming Soon" a very rare opportunity to reserve this Home. This perfectly nestled lot situated in highly sought after Lake Ida Delray Beach. 5 Bedroom, 5 Full Bathrooms, 3 Half Bathrooms 2 Story open concept home that invites classic Bermudan Architecture, and Moorish and Mediterranean details

    Steve Petrucci Beachfront Properties Real Estate LLC

    Section Image
  • 809 NE 9th Ave, Delray Beach, FL 33483

    $5,500,000

    • 5 Beds
    • 8 Baths
    • 4,732 Sq Ft
    • 809 NE 9th Ave
    • Delray Beach, FL

    Picture yourself in a vibrant urban oasis, where modern architecture and coastal air blends with year-round sunshine to create a dynamic fusion of energy and elegance. That's the feeling evoked by The Brickell at Cache11, a residence like no other in Delray Beach, and one that's inspired by Miami's most prosperous neighborhood. With Cache11 and The Brickell, several of the most acclaimed teams in

    Jennifer Kilpatrick The Corcoran Group

    Section Image
  • 814 Palm Trail, Delray Beach, FL 33483

    $5,500,000

    • 5 Beds
    • 8 Baths
    • 4,732 Sq Ft
    • 814 Palm Trail
    • Delray Beach, FL

    Picture yourself on a charming island, a sun-kissed oasis where ivory sands cradle your steps and history lingers around every corner. Amidst swaying palms and regal architecture, the air carries a timeless sophistication, weaving a tapestry of enduring seaside luxury. That's the feeling evoked by The Palm Beach at Cache11, Delray's most prominent new-construction development inspired by the best

    Jennifer Kilpatrick The Corcoran Group

    Section Image
See All Homes in Delray Beach

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wflt20210521-99 Land Trust -- Lawrence Advisory Pllc
Wolfe David $3,242,500 Attorney
Schluinger Pamula $2,495,000 Clear2clear Title & Escrow L
Stevanovich Steve G $2,200,000 --
Stuart Ian I $1,725,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stevanovich Steve G $611,450
Previous Owner Stevanovich Steve G $632,500
Previous Owner Stevanovich Steve G $3,430,000
Previous Owner Stuart Ian I $1,500,000
Previous Owner Stuart Ian I $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2021 04/21/21 Sold $3,242,500 -7.0% $352 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
03/13/2021 03/13/21 For Sale $3,485,000 +39.7% $379 / Sq Ft
12/12/2017 12/12/17 Sold $2,495,000 -26.1% $271 / Sq Ft
11/12/2017 11/12/17 Pending -- -- --
04/01/2017 04/01/17 For Sale $3,375,000 -- $367 / 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 $51,448 $3,173,566 -- --
2023 $50,366 $3,081,132 $0 $0
2022 $50,120 $2,991,390 $0 $0
2021 $42,347 $2,414,805 $450,000 $1,964,805
2020 $395 $1,931,212 $0 $0
2019 $859 $1,887,793 $0 $0
2018 $38,129 $2,192,612 $464,100 $1,728,512
2017 $40,256 $2,279,266 $464,100 $1,815,166
2016 $43,513 $2,399,696 $0 $0
2015 $42,127 $2,286,163 $0 $0
2014 $46,454 $2,491,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Alan Brandfon

    Luxury Partners Realty

    (561) 212-8808

    65 in this area

    84 Total Sales

    Alan Brandfon
    Section Image
  • Jennifer Kilpatrick

    Seller's Agent in 2017

    Jennifer Kilpatrick

    The Corcoran Group

    (561) 573-2573

    221 Total Sales

    Jennifer Kilpatrick
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10699580

BeachesMLS

APN: 00-42-46-28-09-000-0260

Florida Palm Beach County Delray Beach 33446 Addison Reserve

7521 Isla Verde Way, Delray Beach, FL

This home is located at 7521 Isla Verde Way, Delray Beach, FL 33446 since 13 March 2021 and is currently estimated at $4,628,531, approximately $503 per square foot. This property was built in 1998. 7521 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.

Nearby Homes