NOT LISTED FOR SALE

7582 Isla Verde Way Delray Beach, FL 33446

Addison Reserve Neighborhood

Estimated Value: $3,465,557 - $4,400,000

5 Beds
7.5 Baths
7,671 Sq Ft
$513/Sq Ft Est. Value

Last Sold February 03, 2020

Last sale price $2,200,000 $287 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $22,705/month

379 Days on Market

Highlights

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

About This Home

As of February 2020

Welcome home to one of the finest country clubs in Delray Beach where you will find this impeccable 5 bedroom, 7.5 bathroom waterfront estate that sits beautifully on one of the most desired, oversized lots in Addison Reserve surrounded by incredible views of the golf course and lake. From the moment you enter the cul de sac and pull into the circular driveway of brick pavers, the charm and grandeur of this 2-story home welcomes you. As you enter the arched passageway of the front courtyard and walk through the front doors, you will be immediately impressed by its vaulted ceilings, marble floors, warm fireplaces, and an open concept floor plan that is light and bright and perfect for entertaining. Tastefully appointed with the finest, top-of-the-line fixtures and features. This home

Last Agent to Sell the Property

Lawrence Gross

Berkshire Hathaway Florida Realty License #3063926 Listed on: 12/20/2018

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

  • $40,639

Year Built

  • Built in 1999

Lot Details

  • 0.53 Acre Lot
  • Lake Front
  • Cul-De-Sac
  • Fenced
  • Sprinkler System
  • Property is zoned RTS

HOA Fees

  • $284 Monthly HOA Fees

Parking

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

Property Views

  • Lake
  • Golf Course
  • Pool

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 7,671 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Plantation Shutters
  • Blinds
  • French Doors
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Open Floorplan
  • Home Theater
  • Den

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Stacked Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Roman Tub
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

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

Outdoor Features

  • Free Form Pool
  • Balcony
  • Open Patio
  • Outdoor Grill

Utilities

  • Zoned Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00424628090000080

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, recreation facilities, reserve fund, security, trash
  • Private Membership Available
  • Addison Reserve Par 11 Subdivision

Amenities

  • Sauna
  • Clubhouse
  • Game Room
  • Community Library

Recreation

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

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,639

Year Built

Built in 1999

Lot Details

0

HOA Fees

$284 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: 1999
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Bidet, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Family/Dining Room, French Door(s)/Atrium Door(s), Fireplace, Garden Tub/Roman Tub, High Ceilings, Jetted Tub, Kitchen/Dining Combo, Pantry, Split Bedrooms, Separate Shower, Stacked Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Wood
  • Living Area: 7671.0
  • Dining Room Type: Den, Family Room, Great Room, Laundry, Media Room
  • Stories: 2
  • Window Features: Blinds, Drapes, Impact Glass, Plantation Shutters

Exterior Features

  • Exterior Features: Balcony, Fence, Outdoor Grill, Patio
  • View: Golf Course, Lake, Pool
  • Lot Features: Cul-De-Sac, Sprinklers Automatic
  • Pool Features: Free Form, Heated, Other, Pool, Association, Community
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Covered, Driveway, Garage, Golf Cart Garage, Two or More Spaces, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Association Fee: 284.0
  • Community Features: Clubhouse, Golf, Golf Course Community, Game Room, Pool, Sauna, Street Lights, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Clubhouse, Fitness Center, Golf Course, Library, Private Membership, Pool, Putting Green(s), Sauna, Spa/Hot Tub, Tennis Court(s), Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Recreation Facilities, Reserve Fund, Security, Trash

Lot Info

  • Parcel #: 00424628090000080
  • Lot Size Sq Ft: 23220.0
  • Zoning Description: RTS
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 40639.0

Multi Family

  • Number Of Units In Community: 716

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2018
Closed on
Feb 3, 2020
Sold by
Shoushani Giti
Bought by
Schlussel Steven and Schlussel Karen Joy
Seller's Agent
Lawrence Gross
Berkshire Hathaway Florida Realty
Buyer's Agent
Wendy Pressner
Signature Int'l Premier Properties
List Price
$3,199,000
Sold Price
$2,200,000
Premium/Discount to List
-$999,000
-31.23%
Current Estimated Value
$3,932,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,732,779
Avg. Annual Appreciation
10.97%

Purchase Details

Listed on
Nov 16, 2015
Closed on
Mar 31, 2016
Sold by
Borrow Leonard J and Borrow Benay M
Bought by
Shoushani Giti
Seller's Agent
Jessica Rosato
Inactive Member
Buyer's Agent
Brian Ross
Douglas Elliman
List Price
$3,595,000
Sold Price
$3,100,000
Premium/Discount to List
-$495,000
-13.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.54%

Purchase Details

Closed on
Dec 17, 2004
Sold by
Jackson Michael J and Jackson Patricia A
Bought by
Borow Leonard J and Borow Benay M

Purchase Details

Closed on
Nov 5, 1999
Sold by
Tuscan Harvey Est Homes Inc
Bought by
Jackson Michael J and Jackson Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,550,000
Interest Rate
7.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 1998
Sold by
Taylor Woodrow/Kenco Ltd
Bought by
Tuscan Harvey Estate Homes
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
Schlussel Steven $2,200,000 Florida Ttl & Guarantee Agcy
Shoushani Giti $3,100,000 Attorney
Borow Leonard J $2,787,500 --
Jackson Michael J $2,550,000 --
Tuscan Harvey Estate Homes $432,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tuscan Harvey Estate Homes $2,550,000
Previous Owner Tuscan Harvey Estate Homes $2,550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2020 02/03/20 Sold $2,200,000 -31.2% $287 / Sq Ft
01/04/2020 01/04/20 Pending -- -- --
12/20/2018 12/20/18 For Sale $3,199,000 +3.2% $417 / Sq Ft
04/01/2016 04/01/16 Sold $3,100,000 -13.8% $404 / Sq Ft
03/02/2016 03/02/16 Pending -- -- --
11/16/2015 11/16/15 For Sale $3,595,000 -- $469 / 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 $12,410 $598,950 -- --
2023 $10,924 $544,500 $844,000 $0
2022 $10,159 $495,000 $0 $0
2021 $7,866 $450,000 $450,000 $0
2020 $43,655 $2,506,522 $0 $0
2019 $43,189 $2,450,168 $0 $0
2018 $40,638 $2,378,892 $508,300 $1,870,592
2017 $42,532 $2,449,659 $508,300 $1,941,359
2016 $39,510 $2,177,070 $0 $0
2015 $38,201 $2,075,014 $0 $0
2014 $42,097 $2,259,615 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Lawrence Gross

    Berkshire Hathaway Florida Realty

  • C

    Seller Co-Listing Agent in 2020

    Cherie Gross

    Berkshire Hathaway Florida Realty

    (561) 703-3016

    15 in this area

    16 Total Sales

    Cherie Gross
    Section Image
  • Wendy Pressner

    Buyer's Agent in 2020

    Wendy Pressner

    Signature Int'l Premier Properties

    (561) 414-7147

    4 in this area

    31 Total Sales

    Wendy Pressner
    Section Image

  • J

    Seller's Agent in 2016

    Jessica Rosato

    Inactive Member

  • G

    Seller Co-Listing Agent in 2016

    George Harvey

    One Sotheby's International Re

  • B

    Buyer's Agent in 2016

    Brian Ross

    Douglas Elliman

    (561) 573-6800

    20 Total Sales

    Brian Ross
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10489852

BeachesMLS

APN: 00-42-46-28-09-000-0080

Florida Palm Beach County Delray Beach 33446 Addison Reserve

7582 Isla Verde Way, Delray Beach, FL

This home is located at 7582 Isla Verde Way, Delray Beach, FL 33446 since 20 December 2018 and is currently estimated at $3,932,779, approximately $512 per square foot. This property was built in 1999. 7582 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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