NOT LISTED FOR SALE

7540 Porto Vecchio Place Delray Beach, FL 33446

Addison Reserve Neighborhood

Estimated Value: $2,217,000 - $2,621,000

3 Beds
5.5 Baths
4,688 Sq Ft
$509/Sq Ft Est. Value

Last Sold August 10, 2020

Last sale price $1,200,000 $256 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $14,329/month

179 Days on Market

Highlights

  • Lake Front
  • On Golf Course
  • Free Form Pool
  • Spanish River Community High School Rated A+
  • Gated with Attendant
  • Private Membership Available

About This Home

As of August 2020

Fabulous estate home with one of the most premier lake and golf views in Addison Reserve. This home features 3 BR, 5.5 baths plus a custom designed office/library with 4688 sq ft all on one floor. Some of the features include all 24'' Saturnia flooring on the diagonal, crown molding thru-out, separate living/dning room and custom built in wet bar. The gourmet kitchen has 42'' cabinets, granite counters, center island and over looks the attached family room with custom built-ins. The split floor plan gives everyone their own space with all the bedrooms ensuite. The architectural finishes and meticulous attention to detail are evident. The master suite consists of separate his/her bathrooms, plenty of fitted closets and sitting area. See supplement

Last Agent to Sell the Property

Bruce Gaines

Lang Realty/ BR License #436615 Listed on: 01/13/2020

Lang Realty/ BR

Co-Listed By

Judith Romanow

Boca West Realty LLC License #479973

Last Buyer's Agent

Bruce Gaines

Lang Realty/ BR License #436615 Listed on: 01/13/2020

Lang Realty/ BR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,833

Year Built

  • Built in 1998

Lot Details

  • 0.42 Acre Lot
  • Lake Front
  • On Golf Course
  • Cul-De-Sac
  • Fenced
  • Interior Lot
  • Sprinkler System

HOA Fees

  • $127 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Lake
  • Golf Course

Home Design

  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 4,688 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Bar
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Bay Window
  • Sliding Windows
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Den

Kitchen

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

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Roman Tub

Laundry

  • Laundry Room
  • Dryer
  • Laundry Tub

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • Free Form Pool
  • Gunite Pool

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00424628060010110

Community Details

Overview

  • Association fees include common areas, cable TV, security
  • Private Membership Available
  • Addison Reserve Pars 7 An Subdivision

Amenities

  • Sauna
  • Clubhouse
  • Game Room
  • Business Center
  • Community Library

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Community Pool
  • Community Spa
  • Putting Green
  • Trails

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,833

Year Built

Built in 1998

Lot Details

0

HOA Fees

$127 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Linton Blvd to Jog Road, south 1/2 mile to Light, go right to entrance to Addison Reserve
  • Year Built: 1998
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Bar, Built-in Features, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Garden Tub/Roman Tub, High Ceilings, Living/Dining Room, Pantry, Split Bedrooms, Bar, Walk-In Closet(s), Bay Window, Central Vacuum
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Marble
  • Living Area: 4688.0
  • Dining Room Type: Den, Family Room, Great Room, Laundry
  • Stories: 1
  • Window Features: Blinds, Drapes, Sliding

Exterior Features

  • Exterior Features: Fence, Patio
  • View: Golf Course, Lake
  • Lot Features: Cul-De-Sac, Interior Lot, On Golf Course, Sprinklers Automatic
  • Pool Features: Free Form, Gunite, Other, Pool, Association, Community
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Spanish Tile, Tile

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security System, Gated with Guard, Security Guard, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 127.0
  • Community Features: Clubhouse, Golf, Golf Course Community, Game Room, Gated, Pickleball, Property Manager On-Site, Pool, Sauna, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Business Center, Clubhouse, Golf Course, Library, Management, Pickleball, Private Membership, Pool, Putting Green(s), Sauna, Spa/Hot Tub, Tennis Court(s), Trail(s)
  • Association Fee Frequency: Monthly

Fee Information

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

Lot Info

  • Parcel #: 00424628060010110
  • Lot Size Sq Ft: 18478.0
  • Zoning Description: res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 15833.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2023
Sold by
Ahlborg Tanya
Bought by
Ahlborg Eric
Current Estimated Value
$2,384,997

Purchase Details

Listed on
Jan 13, 2020
Closed on
Aug 10, 2020
Sold by
Powers Alvin M and Powers Ilene
Bought by
Ahlborg Eric and Ahlborg Tanya
Seller's Agent
Bruce Gaines
Lang Realty/ BR
Buyer's Agent
Bruce Gaines
Lang Realty/ BR
List Price
$1,295,000
Sold Price
$1,200,000
Premium/Discount to List
-$95,000
-7.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.65%

Purchase Details

Closed on
Dec 21, 1998
Sold by
Taylor Woodrow Communities
Bought by
Powers Alvin M and Powers Ilene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Ahlborg Eric -- None Listed On Document
Ahlborg Eric $1,200,000 Horizon Title Services Inc
Powers Alvin M $912,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Powers Alvin M $291,000
Previous Owner Powers Alvin M $300,700
Previous Owner Powers Alvin M $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2020 08/10/20 Sold $1,200,000 -7.3% $256 / Sq Ft
07/11/2020 07/11/20 Pending -- -- --
01/13/2020 01/13/20 For Sale $1,295,000 -- $276 / 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 $14,788 $921,261 -- --
2023 $14,461 $894,428 $0 $0
2022 $14,372 $868,377 $0 $0
2021 $14,351 $843,084 $300,000 $543,084
2020 $15,124 $879,815 $300,000 $579,815
2019 $15,833 $909,349 $0 $0
2018 $14,615 $866,803 $309,400 $557,403
2017 $18,569 $1,080,381 $0 $0
2016 $18,669 $1,058,160 $0 $0
2015 $19,157 $1,050,804 $0 $0
2014 $19,214 $1,042,464 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bruce Gaines

    Seller's Agent in 2020

    Bruce Gaines

    Lang Realty/ BR

    (561) 499-3800

    71 in this area

    121 Total Sales

    Bruce Gaines
    Section Image

  • J

    Seller Co-Listing Agent in 2020

    Judith Romanow

    Boca West Realty LLC

    (561) 213-4441

    1 in this area

    205 Total Sales

    Judith Romanow
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10591662

BeachesMLS

APN: 00-42-46-28-06-001-0110

Florida Palm Beach County Delray Beach 33446 Addison Reserve

7540 Porto Vecchio Place, Delray Beach, FL

This home is located at 7540 Porto Vecchio Place, Delray Beach, FL 33446 since 13 January 2020 and is currently estimated at $2,384,997, approximately $508 per square foot. This property was built in 1998. 7540 Porto Vecchio Place 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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