NOT LISTED FOR SALE

Estimated Value: $2,910,000 - $4,374,067

5 Beds
5.5 Baths
4,910 Sq Ft
$769/Sq Ft Est. Value

Sale Details

Date Sold: July 25, 2022

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

Est. 15% decrease in value since last sale

Current estimated payment $25,026 / mo

11 Days on Market

Highlights

  • Horses Allowed On Property
  • Gated with Attendant
  • Sitting Area In Primary Bedroom
  • Sunrise Park Elementary School Rated A-
  • Heated In Ground Pool
  • Waterfront

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: 06/05/2022

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
  • North Facing Home
  • Sprinkler System
  • Fruit Trees
  • Property is zoned RE

Parking

  • 4 Car Attached Garage
  • Circular Driveway

Home Design

  • Split Level Home
  • Metal Roof

Interior Spaces

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

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Free-Standing Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Closet Cabinetry
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Soaking Tub
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Hallway
  • Accessible Doors

Pool

  • Heated In Ground Pool
  • Saltwater Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Patio
  • Outdoor Living Area
  • Outdoor Kitchen

Utilities

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

Additional Features

  • Air Purifier
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 00424620020000330

Community Details

Overview

  • Property has a Home Owners Association
  • Delray Lakes Est Subdivision

Amenities

  • Picnic Area

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

1 Acres

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
  • Horses: Yes
  • Unit Levels: Multi/Split, Two
  • New Construction: No
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Bidet, Built-in Features, Bathtub, Closet Cabinetry, Cathedral Ceiling(s), Dining Area, Separate/Formal Dining Room, Dual Sinks, Eat-in Kitchen, Family/Dining Room, Kitchen/Dining Combo, Living/Dining Room, Custom Mirrors, Main Level Primary, Sitting Area in Primary, Soaking Tub, Tub Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Main Level Bedrooms: 2
  • Private Spa: Yes
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Free-Standing Freezer, Disposal, Gas Range, Gas Water Heater, Washer
  • Accessibility Features: Accessible Doors, Accessible Hallway(s)
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Entry Location: Entry Level Living Area Y
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Other
  • Living Area: 4910.0
  • Dining Room Type: Dining Room, Florida Room
  • Stories: 2

Exterior Features

  • Exterior Features: Outdoor Kitchen, Outdoor Living Area, Outdoor Shower
  • Lot Features: 1-2 Acres, Fruit Trees, Sprinklers Automatic
  • Pool Features: Heated, In Ground, Salt Water
  • Pool Private: Yes
  • Waterfront: Yes
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Concrete
  • Direction Faces: North
  • Patio And Porch Features: Patio
  • 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, Garage

Utilities

  • Laundry Features: Inside
  • Other Equipment: Air Purifier
  • Security: Security System Owned, Security System, Fire Alarm, Gated with Guard, Gated Community, Phone Entry, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Electric, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available

Condo/Co-op/Association

  • Association Fee: 114.0
  • Pets Allowed: Yes
  • Community Features: Home Owners Association, Gated
  • Senior Community: No
  • Amenities: Picnic Area, Park
  • Association: Yes
  • Pets Allowed: Breed Restrictions, No Dogs, Number Limit, Yes

Lot Info

  • Parcel #: 00424620020000330
  • Lot Size Acres: 1.0
  • Lot Size: 1 ACRE
  • Lot Size Sq Ft: 43560.0
  • Mobile Dim Units: Feet
  • Zoning: RE

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5895.91

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2022
Closed on
Jul 26, 2022
Sold by
Razlaff Zina Noreen and Cortese John P
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
$3,775,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$674,983
Avg. Annual Appreciation
-4.37%
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
39.70%

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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% -- View Prior Sale
07/10/2019 07/10/19 Pending -- -- --
06/06/2019 06/06/19 For Sale $480,000 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $58,484 $3,459,797 -- --
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 (Greater Fort Lauderdale)

MLS Number: R10803995

BeachesMLS (Greater Fort Lauderdale)

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

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