$3,100,000
SOLD APR 1, 2016
5 Beds
7.5 Baths
7,671 Sq Ft
0.53 Acres

Recently Sold

$404 Per Sq Ft

14% Below List Price

106 Days on Market

Highlights

  • Lake Front
  • On Golf Course
  • Home Theater
  • Spanish River Community High School Rated A+
  • Gated with Attendant
  • Newly Remodeled

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

Jessica Rosato

Inactive member License #3256869 Listed on: 11/16/2015

Co-Listed By

George Harvey

One Sotheby's International Re License #3299906

Last Buyer's Agent

Brian Ross

Douglas Elliman License #3054571

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,097

Year Built

  • Built in 1999 | Newly Remodeled

Lot Details

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

HOA Fees

  • $773 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
  • Furnished or left unfurnished upon request
  • 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
  • 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 Subdivision

Amenities

  • Sauna
  • Clubhouse
  • Community Library

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • 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

$42,097

Year Built

Built in 1999 | Newly Remodeled

Lot Details

0

HOA Fees

$773 per month

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Located on Jog Road between Linton and Clint Moore. Addison Reserve is a gated country club community and located on the west side of Jog.
  • Year Built: 1999
  • Architectural Style: Mediterranean
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: NewHome

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: Negotiable
  • Spa Features: Community
  • Appliances: 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, On Golf Course, 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: New Construction
  • 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, Closed Circuit Camera(s), 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: 773.0
  • Community Features: Clubhouse, Golf, Golf Course Community, Property Manager On-Site, Pool, Sauna, Street Lights, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Clubhouse, Golf Course, Library, Management, 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: 23236.0
  • Zoning Description: RTS
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 42097.0

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%
Total Days on Market
106
Current Estimated Value
$3,819,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,619,535
Avg. Annual Appreciation
10.90%

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

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,200,000 Florida Ttl & Guarantee Agcy
Warranty Deed $3,100,000 Attorney
Warranty Deed $2,787,500 --
Deed $2,550,000 --
Deed $432,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,550,000 New Conventional
Previous Owner $2,550,000 New Conventional
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

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Map

Source: BeachesMLS

MLS Number: R10185004

BeachesMLS

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