When was property at 7482 West Mercada Way built and last sold?

The property at 7482 West Mercada Way was built in 2002 and last sold on Jul 25, 2019 for $325,000.

How much is this home worth?

The estimated value of the home located at 7482 West Mercada Way is $499,249.

What are some comparable homes to 7482 West Mercada Way?

There are currently no comparable homes to 7482 West Mercada Way.

Palm Beach

Valencia Falls

7482 W Mercada Way

$325,000

● House - Off Market

7482 W Mercada Way

Delray Beach, FL 33446

2 Beds

2 Baths

1,765 Ft²

$497,483

RealtyHop Estimate

46.75%

Since Aug 1, 2019

National-US

Primary Model

About This Property

Majestic model with beautiful lake views. Den can be converted into 3rd bedroom. Vaulted ceilings in main living areas. Open concept kitchen with wall down. Refrig/ Microwave/ Dishwasher replaced in last 5-6 years. Beaded corners throughout. Floor tiles on the diagonal. Master bedroom has plantation shutters, tray ceiling and large fitted walk-in closet. Mstr bath w/ jetted tub. Laundry room has Samsung washer & dryer. Telescopic doors lead out to screened lanai overlooking lake. Accordion shutters. AC replaced in 2012. Hot water heater 50 Gal replaced in 2017. Garage has pedestrian door which leads to back yard, pull down attic stairs and lots of storage. Buyer pays a 1X capital contribution of $1725.00 at closing. All measurements deemed accurate and should be independently verified.

Unit Size

1,765 Ft²

Days on Market

44 days

Land Size

Price per sqft

$192

Property Type

House

Property Taxes

$310

HOA Dues

$575

Year Built

2002

Payment Calculator

Cap Rate Calculator

Last updated: 4 months ago (Beaches MLS #R10537734)

Price History

Date / Event	Date	Event
Mar 28, 2024	Sold	Premium
Sold
Sep 12, 2023	Listed by RE/MAX Select Group	$499,000
Listed by RE/MAX Select Group

	PRICED TO SELL!!! FABULOUS VALUE!! MAJESTIC MODEL (2 BR + DEN) WITH BEAUTIFUL LAKE VIEWS. DEN CAN BE CONVERTED INTO 3RD BEDROOM. VAULTED CEILINGS IN MAIN LIVING AREAS. FLOORS TILES ON THE DIAGONAL. PLANTATION SHUTTERS IN LIVING ROOM, DINING ROOM AND PRIMARY BEDROOM. TRAY CEILING, WALK-IN CLOSET AND WATER VIEWS IN THE PRIMARY BEDROOM. LIVING ROOM HAS TELESCOPIC DOORS LEADING OUT TO SCREENED IN LANAI OVERLOOKING THE LAKE. GARAGE, PULL DOWN ATTIC STAIRS, AND LOTS OF STORAGE. VALENCIA FALLS IS AN ACTIVE 55+ COMMUNITY WITH A CLUBHOUSE, CAFE, POOL, FITNESS CENTER, TENNIS, PICKLE BALL, BOCCE, SHOWS, CARDS, ART, GOLF GROUPS, CARDS AND SO MUCH MORE. COME LIVE THE VALENCIA LIFESTYLE, ALL MEASUREMENTS DEEMED ACCURATE AND SHOULD BE INDEPENDENTLY VERIFIED. CLUBHOUSE RENOVATION 2024
Jul 29, 2019	Sold	Premium
Sold
Jun 11, 2019	Listed by RE/MAX Advantage Plus	$339,000
Listed by RE/MAX Advantage Plus
Dec 18, 2002	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 2002

Effective Year Built: 2006
Building Count: 1
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 6
Building Quality: 7
Construction Type: 12
Building Style: 0
Exterior Walls Type: 7
Interior Walls Type: 3
Roof Shape Type: 16
Roof Cover Type: 4
Floor Count: 100
Living Units: 1
Floor Cover: 13
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 399
Parking Space Count: 1
Patio Type: 14
Porch Type: 7
Pool Type: 0
Location Influence Type: 224

Dimensions

Lot Size Square Feet: 4,513

Total Building Area: 2,324
Gross Building Area: 2,324
Building Area: 1,765
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 4
Heated Square Feet: 1,765
Heating Fuel Type: 2

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: VALENCIA FALLS PL 4
Land Acres: 0000000104
Standard Land Use Code: 1001
County Land Use Code: 0100
Legal Description 1: VALENCIA FALLS PL 4 LT 407

Neighborhood

School District Name: Palm Beach County School District

Census Tract: 005955

Zoning

Zoning: PUD

Geography

Assessors Map Reference: 324F

Parcel: 00-42-46-09-20-000-4070
Lot: 407
Meridian: SEC 09 TWN 46S RNG 42E
Municipality: UNINCORPORATED
Latitude: 26.4809
Longitude: -80.1617

Address

Full Address: 7482 W Mercada Way

Address - House Number: 7482
Street Direction: W
Address - Street Name: Mercada
Address - Suffix Type: Way
State: FL
City Name: Delray Beach
Carrier Code: R022
4-Digit Zip Code: 3795
Zip Code: 33446

Valuation

Tax

Total Area: 1,990

Tax Year: 2023
Tax Amount: $226,899
Tax Rate Code Area: 355

Appraisal Valuation

Standard Deviation: 0.0861

Valuation Date: Apr 03, 2024
Confidence Score: 93
Final Value: 465,707
High Value: 505,821
Low Value: 425,592

Market Valuation

Market Total Value: $498,505

Market Land Value: $193,965
Market Improvement Value: $304,540

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $300,982

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Jul 25, 2019

Current Sale Recording Date: Jul 29, 2019
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 20190277217
Previous Sale Recording Date: Dec 18, 2002
Previous Sale Contract Date: Dec 06, 2002
Previous Sale Amount: $242,420
Previous Sale Document Type: 68

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

Request mortgage information redaction

Comparables

About Valencia Falls

Stats & Trends

Median Asking:

$642,500

Sale Price/ft²

$299

Below Asking

0.02%

Average Days on Market

Average Home Size

2193 ft²

Average Home Age

24.1 years

Currently For Sale

7 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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3 Beds
2 Baths
2,489 ft²

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Unit for rent at 7453 Granville Avenue, Boynton Beach, FL, 33437

$5,200 /mo

2 Beds
2 Baths
1,585 ft²

7453 Granville Avenue, Boynton Beach, FL, 33437 Listing by Michelle Sadownick

Unit for rent at 9 Willowbrook Lane, Delray Beach, FL, 33446

$2,100 /mo

2 Beds
2 Baths
1,005 ft²

9 Willowbrook Lane #102, Delray Beach, FL, 33446 Listing by Edward B Marks

Rentals Near You

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Listed by: Maura K Slaughter
RE/MAX Advantage Plus
Last Updated: 4 months ago
Data Source: Beaches MLS, MLS# R10537734

All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.

7482 W Mercada Way

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Valencia Falls

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions