$152,000
SOLD NOV 10, 2015

1020 Lake Shore Dr Unit 105 West Palm Beach, FL 33403

2 Beds
2 Baths
1,200 Sq Ft
$413/mo HOA Fee

Recently Sold

$127 Per Sq Ft

15% Below List Price

110 Days on Market

Highlights

  • Boat Ramp
  • Clubhouse
  • Sun or Florida Room
  • Property fronts an intracoastal waterway
  • Garden View
  • Community Pool

About This Home

As of May 2022

Bay Reach sits on the intercostal overlooking the sparkling blue waters of the Palm Beachs........(The age old saying: ''LOCATION LOCATION LOCATION'')........The Cayman model rarely comes on the market. Two master suites is one of the largest units Bay Reach..... The Cayman model is the most desirable floor plan: with only 20 in the community; they rarely come on the market. What makes the Cayman so popular it is a corner unit, which brings more light in from the outside. This is the only unit where the ga

Last Agent to Sell the Property

Alesia Ustik

Coldwell Banker Realty License #0657189 Listed on: 06/22/2015

Coldwell Banker Realty

Last Buyer's Agent

Tom Priester

Paradise Sharks License #3087579

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,346

Year Built

  • Built in 1989

Lot Details

  • Property fronts an intracoastal waterway
  • Northeast Facing Home
  • Zero Lot Line

HOA Fees

  • $413 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Guest Parking
  • Assigned Parking

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Family Room
  • Open Floorplan
  • Sun or Florida Room
  • Garden Views
  • Security Gate

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 36434221280031050

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, ground maintenance, reserve fund, security
  • Bay Reach Subdivision, Cayman Floorplan

Recreation

  • Boat Ramp
  • Boating
  • Community Pool
  • Community Spa
  • Park

Additional Features

  • Clubhouse
  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,346

Year Built

Built in 1989

Lot Details

0

HOA Fees

$413 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Northlake to US1, South to Palmetto make Left to Bay Reach through gate second build on Right (Garage Space G)
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Interior Amenities: Family/Dining Room, Living/Dining Room, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1200.0
  • Dining Room Type: Family Room, Florida Room, Laundry
  • Stories: 2
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Balcony, Patio
  • View: Garden
  • Lot Features: Zero Lot Line
  • Pool Features: None, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: Northeast
  • Patio And Porch Features: Balcony, Open, Patio
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Attached, Garage, Guest

Utilities

  • Security: Security Gate, Security Guard
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 413.0
  • Community Features: Boat Facilities, Clubhouse, Fitness, Park, Pool
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Grounds, Reserve Fund, Security

Lot Info

  • Parcel #: 36434221280031050
  • Zoning Description: Zero

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 2346.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2022
Closed on
May 16, 2022
Sold by
Rine and Melissa
Bought by
Perry Vanessa
Seller's Agent
Gina Ferri
RE/MAX Prestige Realty/RPB
Buyer's Agent
Lonnie Martens
Realty Today Inc.
List Price
$324,900
Sold Price
$305,000
Premium/Discount to List
-$19,900
-6.12%
Current Estimated Value
$330,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,199
Avg. Annual Appreciation
1.50%
Original Mortgage
$228,750
Outstanding Balance
$218,934
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$101,045

Purchase Details

Listed on
Nov 18, 2019
Closed on
Mar 20, 2020
Sold by
Salinas Llc
Bought by
Rine Mellissa and Rine James
Seller's Agent
Paulo Rodrigues
True Oak Realty
List Price
$220,000
Sold Price
$173,000
Premium/Discount to List
-$47,000
-21.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.02%

Purchase Details

Listed on
Jun 20, 2017
Closed on
Sep 6, 2017
Sold by
Schon Robert
Bought by
Salinas Llc and Marine Llc
Seller's Agent
David Diaz
LPT Realty, LLC
Buyer's Agent
Paulo Rodrigues
For Sale By Lenders Inc
List Price
$190,000
Sold Price
$176,500
Premium/Discount to List
-$13,500
-7.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.79%

Purchase Details

Listed on
Jun 22, 2015
Closed on
Nov 10, 2015
Sold by
Desantis Mark Anthony and Desantis Colleen
Bought by
Schon Robert
Seller's Agent
Alesia Ustik
Coldwell Banker Realty
Buyer's Agent
Tom Priester
Paradise Sharks
List Price
$178,500
Sold Price
$152,000
Premium/Discount to List
-$26,500
-14.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.56%

Purchase Details

Closed on
Nov 16, 2004
Sold by
Bay Reach Development Llc
Bought by
Desantis Mark Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $305,000 Closing Source Inc
Warranty Deed $173,000 Casalina Title & Escrow Inc
Warranty Deed $176,500 Attorney
Warranty Deed $152,500 First Intl Title Inc
Special Warranty Deed $195,990 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $228,750 New Conventional
Previous Owner $164,400 Credit Line Revolving
Previous Owner $156,750 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2022 05/19/22 Sold $305,000 -6.1% $277 / Sq Ft
04/19/2022 04/19/22 Pending -- -- --
03/28/2022 03/28/22 For Sale $324,900 +87.8% $295 / Sq Ft
03/20/2020 03/20/20 Sold $173,000 -12.2% $157 / Sq Ft
02/12/2020 02/12/20 Price Changed $197,000 -0.5% $179 / Sq Ft
01/21/2020 01/21/20 Price Changed $198,000 -4.8% $180 / Sq Ft
01/05/2020 01/05/20 Price Changed $208,000 -5.5% $189 / Sq Ft
11/15/2019 11/15/19 For Sale $220,000 +24.6% $200 / Sq Ft
09/06/2017 09/06/17 Sold $176,500 -7.1% $160 / Sq Ft
08/07/2017 08/07/17 Pending -- -- --
06/20/2017 06/20/17 For Sale $190,000 0.0% $173 / Sq Ft
07/22/2016 07/22/16 For Rent $1,490 0.0% --
07/22/2016 07/22/16 Rented $1,490 0.0% --
11/10/2015 11/10/15 Sold $152,000 -14.8% $127 / Sq Ft
10/11/2015 10/11/15 Pending -- -- --
06/22/2015 06/22/15 For Sale $178,500 -- $149 / 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 $4,613 $240,330 -- --
2023 $4,452 $234,391 $0 $234,391
2022 $4,095 $164,464 $0 $0
2021 $3,714 $149,513 $0 $149,513
2020 $3,621 $144,513 $0 $144,513
2019 $3,718 $147,896 $0 $147,896
2018 $3,613 $147,896 $0 $147,896
2017 $3,755 $147,934 $0 $0
2016 $3,895 $147,934 $0 $0
2015 $2,697 $72,809 $0 $0
2014 $2,346 $66,190 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10146038

BeachesMLS

APN: 36-43-42-21-28-003-1050