NOT LISTED FOR SALE

7888 Palencia Way Delray Beach, FL 33446

Addison Reserve Neighborhood

Estimated Value: $1,667,000 - $1,740,000

3 Beds
5 Baths
3,583 Sq Ft
$474/Sq Ft Est. Value

Last Sold May 20, 2016

Last sale price $830,000 $232 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $11,607/month

13 Days on Market

Highlights

  • Lake Front
  • On Golf Course
  • Heated Pool
  • Spanish River Community High School Rated A+
  • Gated with Attendant
  • Clubhouse

About This Home

As of May 2016

Incredible 3 bedroom, 3 & 2 half baths plus custom fitted office/den, 3 way split floor plan, saturnia floors, magnificent built-ins, crown moldings, custom wet bar, custom fitted closets, heated pool, accordion hurricane shutters. Large master suite with 2 over sized custom closets. Upgraded kitchen with 42'' cabinets, granite counters, large center island, open to the family room which over looks large patio, pool with waterfall and golf course and lake views. Golf equity available.

Last Agent to Sell the Property

Bruce Gaines

Lang Realty/ BR License #436615 Listed on: 04/06/2016

Lang Realty/ BR

Last Buyer's Agent

Shari Fineman

Lang Realty/ BR License #3006389

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,379

Year Built

  • Built in 2000

Lot Details

  • 10,504 Sq Ft Lot
  • Lake Front
  • On Golf Course
  • North Facing Home
  • Fenced
  • Interior Lot
  • Sprinkler System
  • Zero Lot Line

HOA Fees

  • $871 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Lake
  • Golf Course

Home Design

  • Mediterranean Architecture
  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 3,583 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Bar
  • High Ceiling
  • Ceiling Fan
  • Awning
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Den

Kitchen

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

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Intercom
  • Motion Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Heated Pool
  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00424628170000240

Community Details

Overview

  • Association fees include cable TV, ground maintenance, security
  • Addison Reserve Subdivision, Villa Cortina 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

$8,379

Year Built

Built in 2000

Lot Details

0

HOA Fees

$871 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: On Jog Road, south of Linton Blvd by one mile. Entrance to Addison is on the west side of the street
  • Year Built: 2000
  • Architectural Style: Mediterranean
  • Entry Level: 1
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Bar, Bidet, Built-in Features, Breakfast Area, Dual Sinks, Entrance Foyer, Garden Tub/Roman Tub, High Ceilings, Jetted Tub, Living/Dining Room, Pantry, Split Bedrooms, Separate Shower, Bar, Walk-In Closet(s), Central Vacuum
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Marble
  • Living Area: 3583.0
  • Dining Room Type: Den, Family Room
  • Stories: 1
  • Window Features: Blinds, Drapes, Sliding

Exterior Features

  • Exterior Features: Deck, Fence, Patio, Awning(s)
  • View: Golf Course, Lake
  • Lot Features: Interior Lot, On Golf Course, Sprinklers Automatic, < 1/4 Acre, Zero Lot Line
  • Pool Features: Heated, Pool, Community
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Deck, Patio
  • Roof: Spanish Tile, Tile

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Golf Cart Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Other Equipment: Intercom
  • Security: Security System, Gated with Guard, Motion Detectors, Security 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, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 871.0
  • Community Features: Clubhouse, Fitness, Golf, Golf Course Community, Game Room, Pool, Sauna, Tennis Court(s)
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional

Fee Information

  • Association Fee Includes: Cable TV, Maintenance Grounds, Security

Lot Info

  • Parcel #: 00424628170000240
  • Lot Size Sq Ft: 10504.0
  • Zoning Description: Res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 8379.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2016
Closed on
May 20, 2016
Sold by
Schneier Alan and Schneier Leah
Bought by
Brown Richard Martin and Brown Kathleen Allessio
Seller's Agent
Bruce Gaines
Lang Realty/ BR
Buyer's Agent
Shari Fineman
Lang Realty/ BR
List Price
$860,000
Sold Price
$830,000
Premium/Discount to List
-$30,000
-3.49%
Total Days on Market
13
Current Estimated Value
$1,698,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$868,927
Avg. Annual Appreciation
8.08%

Purchase Details

Closed on
May 17, 2005
Sold by
Geanoules Anthony and Geanoules Frances
Bought by
Schneier Alan and Schneier Leah

Purchase Details

Closed on
Aug 23, 2000
Sold by
Kenco Communities At Addison
Bought by
Geanoules Anthony and Geanoules Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,500
Interest Rate
8.07%
Mortgage Type
New Conventional
Source: Public Records

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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
Brown Richard Martin $755,000 Princeton Title & Escrow Llc
Schneier Alan $942,500 Promark Title Ins Co Llc
Geanoules Anthony $705,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Geanoules Anthony $324,000
Previous Owner Geanoules Anthony $510,500
Previous Owner Geanoules Anthony $100,000
Previous Owner Geanoules Anthony $500,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2016 05/20/16 Sold $830,000 -3.5% $232 / Sq Ft
04/20/2016 04/20/16 Pending -- -- --
04/06/2016 04/06/16 For Sale $860,000 -- $240 / 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 $14,816 $632,917 -- --
2023 $13,576 $575,379 $384,788 $762,661
2022 $10,682 $523,072 $0 $0
2021 $9,068 $534,341 $197,800 $336,541
2020 $7,977 $432,291 $0 $432,291
2019 $9,934 $537,184 $0 $537,184
2018 $9,350 $520,416 $0 $520,416
2017 $10,039 $552,632 $0 $0
2016 $8,173 $474,438 $0 $0
2015 $8,379 $471,140 $0 $0
2014 $8,402 $467,401 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bruce Gaines

    Seller's Agent in 2016

    Bruce Gaines

    Lang Realty/ BR

    (561) 499-3800

    77 in this area

    128 Total Sales

    Bruce Gaines
    Section Image

  • S

    Buyer's Agent in 2016

    Shari Fineman

    Lang Realty/ BR

See All Agents

Map

Source: BeachesMLS

MLS Number: R10223174

BeachesMLS

APN: 00-42-46-28-17-000-0240

Florida Palm Beach County Delray Beach 33446 Addison Reserve

7888 Palencia Way, Delray Beach, FL

This home is located at 7888 Palencia Way, Delray Beach, FL 33446 since 06 April 2016 and is currently estimated at $1,698,927, approximately $474 per square foot. This property was built in 2000. 7888 Palencia 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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