NOT LISTED FOR SALE

Estimated Value: $3,261,000 - $5,218,000

5 Beds
5.5 Baths
4,910 Sq Ft
$861/Sq Ft Est. Value

Last Sold July 25, 2022

Last sale price $4,450,000 $906 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $28,034/month

27 Days on Market

Highlights

  • Gated with Attendant
  • Saltwater Pool
  • Waterfront
  • Sunrise Park Elementary School Rated A-
  • Sauna
  • 43,608 Sq Ft lot

About This Home

As of July 2022

BRAND NEW 2021 CUSTOM BUILD IN DELRAY BEACH FLORIDA RIGHT OFF ATLANTIC AVE A SHORT DRIVE TO ATLANTIC AVE SHOPS BEACH DINING AND NIGHTLIFE. 5 BEDROOM 5.5 BATH, MEDIA ROOM, ETC. FRONT ELECTRIC GATE BEING INSTALLED FOR MORE PRIVACY WITHIN THE MONTH. SLIDING DOORS FOR PERFECT INDOOR OUTDOOR ENTERTAINING. OUTDOOR LOGGIA AND CABANA FIREPLACES PREPPED FOR MOUNTED TVS. POOL AND SPA. STEAM ROOM. OUTDOOR KITCHEN. WATER ACCESS BEHIND HOME GATE ACCESSIBLE. TWO OUTDOOR SHOWERS AND SO MUCH MORE. WHOLE HOUSE IS SMART HOME.

Last Agent to Sell the Property

Zina Cortese

One Sotheby's International Realty License #3409193 Listed on: 05/28/2022

One Sotheby's International Realty

Last Buyer's Agent

Natalie Alvarez

Berkshire Hathaway Florida Realty License #3453987

Berkshire Hathaway Florida Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,896

Year Built

  • Built in 2021

Lot Details

  • 1 Acre Lot
  • Waterfront
  • Sprinkler System
  • Fruit Trees
  • Property is zoned RE

HOA Fees

  • $114 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Circular Driveway

Home Design

  • Metal Roof

Interior Spaces

  • 4,910 Sq Ft Home
  • 2-Story Property
  • Custom Mirrors
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Decorative Fireplace
  • Formal Dining Room
  • Open Floorplan
  • Den
  • Sun or Florida Room
  • Sauna
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Gate
  • Fire and Smoke Detector

Eco-Friendly Details

  • Air Purifier

Outdoor Features

  • Saltwater Pool
  • Canal Access

Utilities

  • Air Filtration System
  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00424620020000330

Community Details

Overview

  • Delray Lakes Est Subdivision

Recreation

  • Park

Security

  • Gated with Attendant
  • Phone Entry

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,896

Year Built

Built in 2021

Lot Details

0

HOA Fees

$114 per month

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: TAKE ATLANTIC AVE UP TO PERSIMMON RD ON YOUR LEFT THEN TURN INTO THE COMMUNITY CALLED DELRAY LAKES ESTATES
  • Year Built: 2021
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bidet, Built-in Features, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Eat-in Kitchen, Family/Dining Room, Fireplace, Kitchen/Dining Combo, Living/Dining Room, Custom Mirrors, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s), Air Filtration
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Gas Water Heater, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Decorative
  • Flooring: Other, Tile
  • Living Area: 4910.0
  • Dining Room Type: Den, Laundry, Sauna, Dining Room, Florida Room
  • Stories: 2

Exterior Features

  • Exterior Features: Fruit Trees
  • Lot Features: Sprinklers Automatic
  • Pool Features: Heated, Pool, Salt Water
  • Pool Private: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Disclosures: Owner Is Listing Agent, Pet on Property
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Metal

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, Two or More Spaces

Utilities

  • Other Equipment: Air Purifier
  • Security: Security System, Security Gate, Gated with Guard, Phone Entry, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Electric, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available

Condo/Co-op/Association

  • Association Fee: 114.0
  • Community Features: Gated, Park
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 00424620020000330
  • Lot Size: 1 ACRE
  • Lot Size Sq Ft: 43608.0
  • Zoning Description: RE
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5896.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2022
Closed on
Jul 26, 2022
Sold by
Cortese Family Revocable Trust
Bought by
Pennachio Michael
Seller's Agent
Zina Cortese
One Sotheby's International Realty
Buyer's Agent
Natalie Alvarez
Berkshire Hathaway Florida Realty
List Price
$4,299,999
Sold Price
$4,450,000
Premium/Discount to List
$150,001
3.49%
Current Estimated Value
$4,229,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$220,348
Avg. Annual Appreciation
-5.48%
Original Mortgage
$337,500
Interest Rate
5.78%

Purchase Details

Closed on
Aug 11, 2021
Sold by
Cortese John Patrick and Cortese Zina
Bought by
Cortese John P and Cortese Zina

Purchase Details

Listed on
Jun 6, 2019
Closed on
Aug 9, 2019
Sold by
Baraldi Luis F and Baraldi Alina
Bought by
Cortese John and Razlaff Zina
Seller's Agent
Paola Guzman Luna
Reliant Realty ERA Powered
Buyer's Agent
Zina Cortese
One Sotheby's International Realty
List Price
$480,000
Sold Price
$410,000
Premium/Discount to List
-$70,000
-14.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.10%

Purchase Details

Closed on
Dec 2, 2005
Sold by
Oakner Stuart P and Brannick Mark
Bought by
Baraldi Luis F

Purchase Details

Closed on
Aug 20, 2003
Sold by
Gusrae Bert L and Gusrae Wendy T
Bought by
Oakner Stuart P

Purchase Details

Closed on
Apr 16, 1998
Sold by
Linehan Gregory and Linehan Lisa
Bought by
Gusrae Bert L

Purchase Details

Closed on
Jul 8, 1997
Sold by
Thomas James E and Thomas Margie
Bought by
Lindehan Gregory
Source: Public Records

Range of Values:

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Average Value
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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
Pennachio Michael $4,450,000 Trident Title
Pennachio Michael $4,450,000 Trident Title
Cortese John P -- Attorney
Cortese John $410,000 Southeast Title Agency Llc
Baraldi Luis F $525,000 Skyline Title Llc
Oakner Stuart P $285,000 Pacific Title & Escrow Inc
Gusrae Bert L $107,500 --
Lindehan Gregory $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Pennachio Michael $337,500
Open Pennachio Michael $3,000,000
Closed Pennachio Michael $3,000,000
Closed Pennachio Michael $337,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2022 07/25/22 Sold $4,450,000 +3.5% $906 / Sq Ft
06/25/2022 06/25/22 Pending -- -- --
05/28/2022 05/28/22 For Sale $4,299,999 +948.8% $876 / Sq Ft
08/09/2019 08/09/19 Sold $410,000 -14.6% --
07/10/2019 07/10/19 Pending -- -- --
06/06/2019 06/06/19 For Sale $480,000 -- --
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 $58,484 $3,606,025 -- --
2023 $56,972 $3,483,665 $0 $0
2022 $7,008 $370,260 $0 $0
2021 $5,896 $336,600 $336,600 $0
2020 $5,837 $330,000 $330,000 $0
2019 $3,491 $198,000 $198,000 $0
2018 $3,090 $181,566 $181,566 $0
2017 $2,811 $157,884 $157,884 $0
2016 $2,776 $151,811 $0 $0
2015 $2,611 $138,010 $0 $0
2014 $2,776 $145,274 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10803995

BeachesMLS

APN: 00-42-46-20-02-000-0330