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Sold for $840,000
  • $840,000

    5028 Monterey Lane, Delray Beach, FL 33484

    3beds
    2,160sqft
    Single Family Residence
    Built in 1994
    9,851 Square Feet Lot
    $884,200 Zestimate®
    $389/sqft
    $4,109 Estimated rent

    Home value

    $884,200

    $822,000 - $955,000

    $4,109/mo

    Zestimate® history
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    What's special

    Welcome to your dream home in Monterey Lakes! This beautifully renovated single-family home offers the perfect blend of style, comfort, and modern features. Built in 1994, this 3-bedroom, 2-bathroom home spans a generous 2,160sf. Step inside and be greeted by an open concept floorplan that seamlessly combines living, dining, and kitchen areas. The light-colored oak flooring adds an elegant touch, complementing the overall design. The kitchen boasts white shaker cabinetry, large island, quartz countertops, and all-new stainless steel appliances. Enjoy the peace of mind offered by the NEW ROOF (to be installed soon) and NEW IMPACT glass windows and doors, ensuring safety and energy efficiency. The backyard is an entertainer's paradise, featuring a large patio with water views. (continued) Supplement: Welcome to the charming community of Monterey Lakes in Delray Beach, Florida! This stunning single-family home, originally built in 1994, has undergone an extensive renovation, offering the perfect blend of modern upgrades and timeless elegance. With three bedrooms, two bathrooms, and a total of 2,160 square feet, this home provides ample space for comfortable living. As you step inside, you'll be greeted by an inviting open concept floorplan, accentuated by light-colored oak flooring that adds a touch of warmth and sophistication. The living areas flow seamlessly, creating an ideal space for entertaining family and friends. The heart of the home boasts NEW white shaker cabinetry, quartz countertops, and all-NEW stainless steel appliances, making the kitchen a chef's dream. The house features three generously sized bedrooms, providing plenty of room for relaxation and privacy. Both bathrooms have been tastefully updated to reflect a modern aesthetic. Additionally, this property offers peace of mind with NEW impact glass windows and a brand-NEW ROOF that will be installed August 2023, ensuring safety and energy efficiency. One of the highlights of this home is the backyard oasis. Step outside onto the large patio overlooking the spacious fully fenced in yard and enjoy picturesque views of the community lake. It's the perfect setting for outdoor gatherings, barbecues, or simply unwinding after a long day. Monterey Lake is situated in central Delray Beach, boardering Boca Raton and is zoned for prestigious Boca Raton middle and high schools schools, including Omni Middle School and Spanish River High School. The community itself is an unmanned gated community, providing residents with a sense of security and peace of mind. On top of that, residents have access to fantastic amenities, including a fitness center, pool, hot tub, and three tennis courts. For those looking to stay active, basketball and shuffleboard courts are also available. Don't miss out on the opportunity to own this exquisite home in Monterey Lake. It offers a truly luxurious lifestyle combined with the convenience of nearby schools, amenities, and stunning lake views. Schedule your private showing today and experience the best of Delray Beach living! NOTE RENTAL RULES: The property must be owned for a two year period before leasing is permitted. Property owner may not lease their property more than one (1) time per twelve (12) month period. Lease must be for a twelve (12) month period. NO SEASONAL RENTALS PERMITTED. DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. LA is related to owner.

    Zillow last checked:

    Listing updated:

    Listed by:

    Megann Lucaj PA 561-702-0106,

    Compass Florida LLC

    Bought with:

    Erika Leiba, 3396527

    Compass Florida, LLC

    Source: BeachesMLS,MLS#: R10901321MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Water Heater, Washer
    • Laundry: Inside
    Features
    • Bathtub, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Eat-in Kitchen, Soaking Tub, Separate Shower, Walk-In Closet(s)
    • Flooring: Wood
    • Windows: Blinds, Storm Window(s)
    Interior area
    • Total structure area: 2,871
    • Total interior livable area: 2,160 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Driveway, Garage
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: Multi/Split,One
    • Stories: 1
    • Patio & porch: Patio
    • Exterior features: Outdoor Living Area
    • Pool features: Association
    • Has view: Yes
    • View description: Lake
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Lake Front, Pond
    Lot
    • Size: 9,851 Square Feet
    • Dimensions: 61 x 161
    • Features: < 1/4 Acre
    Details
    • Parcel number: 00424626080000190
    • Zoning: RS

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Block, Stucco
    • Roof: Concrete,Spanish Tile,Tile
    Condition
    • Resale
    • New construction: No
    • Year built: 1994

    Utilities & green energy

    • Electric: 3 Phase
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Features: Home Owners Association, Gated
    • Security: Gated Community
    • Subdivision: MONTEREY LAKES
    HOA
    • Has HOA: Yes
    • Amenities included: Basketball Court, Clubhouse, Fitness Center, Pool, Shuffleboard Court, Sidewalks, Tennis Court(s)
    • Services included: Common Areas, Recreation Facilities, Security
    • HOA fee: $353 monthly
    Location
    • Region: Delray Beach

    Financial & listing details

    • Price per square foot: $389/sqft
    • Tax assessed value: $694,187
    • Annual tax amount: $7,118
    • Date on market: 7/5/2023
    • Cumulative days on market: 26 days
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    9/15/2023Sold$840,000-6.6%$389/sqft
    Source: BeachesMLS #R10901321 Report a problem
    7/31/2023Pending sale$899,000$416/sqft
    Source: BeachesMLS #RX-10901321 Report a problem
    7/14/2023Price change$899,000-5.3%$416/sqft
    Source: BeachesMLS #RX-10901321 Report a problem
    7/5/2023Listed for sale$949,000+89.4%$439/sqft
    Source: BeachesMLS #RX-10901321 Report a problem
    3/31/2023Sold$501,000-19.8%$232/sqft
    Source: MIAMI #A11321833 Report a problem
    3/23/2023Pending sale$625,000$289/sqft
    Source: MIAMI #A11321833 Report a problem
    3/14/2023Contingent$625,000$289/sqft
    Source: MIAMI #A11321833 Report a problem
    1/3/2023Listed for sale$625,000$289/sqft
    Source: MIAMI #A11321833 Report a problem
    1/1/2023Listing removed--
    Source: MIAMI #A11295060 Report a problem
    11/20/2022Price change$625,000-3.8%$289/sqft
    Source: MIAMI #A11295060 Report a problem
    11/14/2022Price change$650,000-13.3%$301/sqft
    Source: MIAMI #A11295060 Report a problem
    10/28/2022Listed for sale$750,000+100%$347/sqft
    Source: MIAMI #A11295060 Report a problem
    3/14/2019Sold$375,000-2.6%$174/sqft
    Source: BeachesMLS #R10493578 Report a problem
    11/21/2018Price change$385,000-1%$178/sqft
    Source: Mizner Grande Realty LLC #RX-10441307 Report a problem
    11/1/2018Price change$389,000-2.5%$180/sqft
    Source: Mizner Grande Realty LLC #RX-10441307 Report a problem
    9/25/2018Price change$399,000-2.7%$185/sqft
    Source: Mizner Grande Realty LLC #RX-10441307 Report a problem
    6/21/2018Listed for sale$410,000+107.1%$190/sqft
    Source: Mizner Grande Realty LLC #RX-10441307 Report a problem
    7/31/1998Sold$198,000+16.5%$92/sqft
    Source: Public Record Report a problem
    5/12/1994Sold$169,900$79/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,586 +3%$663,053 +2.9%
    2024$10,281 +34.9%$644,366 +56.6%
    2023$7,619 +7%$411,346 +10%
    2022$7,118 +11.3%$373,951 +10%
    2021$6,393 +9.9%$339,955 +10%
    2020$5,815 +71.3%$309,050 +48%
    2019$3,395 $208,773 +1.9%
    2018$3,395 +5.3%$204,880 +2.1%
    2017$3,223 +1.6%$200,666 +2.1%
    2016$3,174 -0.1%$196,539 +0.7%
    2015$3,176 -2.2%$195,173 +0.8%
    2014$3,248 +1.4%$193,624 +1.5%
    2013$3,204 +1.7%$190,763 +1.7%
    2012$3,150 +1.2%$187,574 +3%
    2011$3,112 +1.3%$182,111 +1.5%
    2010$3,072 +7.3%$179,420 +2.7%
    2009$2,863 +11.5%$174,703 +0.1%
    2008$2,567 -4.7%$174,528 +3%
    2007$2,695 -6.3%$169,445 +2.5%
    2006$2,875 $165,312 +3%
    2005-- $160,497 +3%
    2004$1,357 +477.5%$155,822 +1.9%
    2003$235 -91.2%$152,917 +2.4%
    2002$2,675 +0.7%$149,333 +1.6%
    2001$2,657 +4.7%$146,981 +3%
    2000$2,537 +10.5%$142,700
    1999$2,297 $142,700
    Find assessor info on the county website

    Neighborhood: Monterey Lake

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Orchard View
    • Middle: Omni
    • High: Spanish River

    Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $884,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $884,200