$305,000
SOLD MAY 19, 2022

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

2 Beds
2 Baths
1,100 Sq Ft
$544/mo HOA Fee

Recently Sold

$277 Per Sq Ft

6% Below List Price

21 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Gated Community
  • Vaulted Ceiling
  • Heated Pool
  • Clubhouse
  • Balcony

About This Home

As of May 2022

Florida Lifestyle At Its Best! This Bright And Airy 2 Story Townhouse Located In The Beautiful Resort Style Gated Community Of Bay Reach! This Unit Has Dual Master Suites With One Bedroom With Full Bathroom On The Ground Floor And Another Full Master Bedroom/Bathroom On The Second. Did I Forget To Mention The 1 Car Garage!?!? The Kitchen Has Quartz Counters And Stainless Steel Appliances. Both Bathrooms Are Tastefully Updated. Vaulted Ceiling, Walk In Closets, Washer/Dryer In the Unit And Open Air Balconies Round Out This Fantastic Unit. Enjoy The Intracoastal From The Amazing Pool/Clubhouse Area. This Unit Wont Last Long!!

Last Agent to Sell the Property

Gina Ferri

RE/MAX Prestige Realty/RPB License #3142431 Listed on: 03/28/2022

RE/MAX Prestige Realty/RPB

Last Buyer's Agent

Lonnie Martens

Realty Today Inc. License #3367311

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,714

Year Built

  • Built in 1989

Lot Details

  • Property fronts an intracoastal waterway

HOA Fees

  • $544 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Property Views

  • Water
  • Garden

Interior Spaces

  • 1,100 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Security Gate

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Heated Pool
  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 36434221280031050

Community Details

Overview

  • Association fees include common areas, insurance, roof, security
  • Bay Reach Condo Subdivision

Recreation

  • Community Pool
  • Community Spa

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,714

Year Built

Built in 1989

Lot Details

0

HOA Fees

$544 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Northlake Blvd to US-1 South to Palmetto Dr, Left to Bay Reach Entrance. Second Building on Right.
  • Year Built: 1989
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Living/Dining Room, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Other
  • Living Area: 1100.0
  • Dining Room Type: Laundry
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Patio
  • View: Garden, Other, Water
  • Pool Features: Heated, None, Association, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Detached, Garage

Utilities

  • Security: Security Gate
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 544.0
  • Community Features: Clubhouse, Gated, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Roof, Security

Lot Info

  • Parcel #: 36434221280031050
  • Zoning Description: R1AA(c

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3714.0

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
$320,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,214
Avg. Annual Appreciation
2.44%
Original Mortgage
$228,750
Outstanding Balance
$218,020
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$112,179

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: R10787226

BeachesMLS

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