NOT LISTED FOR SALE

1020 Lake Shore Dr Unit 202 West Palm Beach, FL 33403

Estimated Value: $285,172 - $391,000

2 Beds
2 Baths
1,206 Sq Ft
1 Acres

Last Sold June 04, 2021

Last sale price $214,000 $177 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,205/month

Highlights

  • Ocean Front
  • Clubhouse
  • Community Pool
  • Gated Community
  • High Ceiling
  • Balcony

About This Home

As of August 2024

Experience luxury in waterfront Bay Reach, a gated community offering resort-style living. This immaculate second-floor condo features a 2 bedroom, 2 bathroom split floor plan. Tenant has the option to include a 1 car garage for an additional $100 per month. The master suite, complete with a spacious walk-in closet and en-suite bath are on the second floor. The updated kitchen complements the open living space. Also, enjoy doing laundry in the comfort of your own home as it comes with a washer and dryer.Community's amenities include a resort style pool with breathtaking Intracoastal views, an exclusive private beach area, and picnic ares.

Last Agent to Rent the Property

Kelly Richter

Exit Realty Premier Elite License #3361490 Listed on: 06/23/2024

Exit Realty Premier Elite

Last Renter's Agent

Kelly Richter

Exit Realty Premier Elite License #3361490 Listed on: 06/23/2024

Exit Realty Premier Elite

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,731

Year Built

  • Built in 1989

Lot Details

  • Ocean Front
  • Property fronts an intracoastal waterway

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,206 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Family Room
  • Security Gate

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Seawall
  • Balcony
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Security Deposit $500
  • Property Available on 7/1/24
  • Assessor Parcel Number 36434221280032020

Community Details

Recreation

  • Community Pool
  • Park

Pet Policy

  • Pets Allowed

Additional Features

  • Bay Reach Condo Subdivision
  • Clubhouse
  • Gated Community

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,731

Year Built

Built in 1989

Lot Details

0

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2024-07-01
  • Security Deposit: 500.0

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: From I-95, exit eastbound on Northlake Blvd. South to US-1. South to Palmetto Dr/ Lake Shore Dr.
  • Year Built: 1989
  • Entry Level: 1
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: High Ceilings, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile, Vinyl
  • Living Area: 1206.0
  • Dining Room Type: Family Room, Laundry

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access, Ocean Front, Seawall
  • Waterfront: Yes
  • Patio And Porch Features: Porch

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

  • Security: Security Gate
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated, Park, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Pool
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 36434221280032020
  • Land Lease Amount Frequency: Monthly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2021
Closed on
Jun 1, 2021
Sold by
Bowman Gregory R and Bowman Elaine D
Bought by
Stropp Jospeh S
Seller's Agent
Kaylee Paros
London Foster Realty
Buyer's Agent
Jamie Garber
Echo Fine Properties
List Price
$204,500
Sold Price
$214,000
Premium/Discount to List
$9,500
4.65%
Current Estimated Value
$341,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,543
Avg. Annual Appreciation
9.94%
Original Mortgage
$160,500
Outstanding Balance
$146,886
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$175,647

Purchase Details

Closed on
Jul 9, 2009
Sold by
Homesales Inc Of Delaware
Bought by
Bowman Gregory R

Purchase Details

Closed on
Dec 12, 2007
Sold by
Reaber Joseph F
Bought by
Homesales Inc Of Delaware

Purchase Details

Closed on
Jul 7, 2005
Sold by
Carlucci Kenneth C
Bought by
Reaber Joseph F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,750
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 6, 2004
Sold by
Bay Reach Development Llc
Bought by
Carlucci Kenneth C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,591
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
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
Stropp Jospeh S $214,000 Trident Title
Bowman Gregory R $78,000 Title2land Llc
Homesales Inc Of Delaware -- None Available
Reaber Joseph F $255,000 --
Carlucci Kenneth C $193,990 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stropp Jospeh S $160,500
Previous Owner Reaber Joseph F $216,750
Previous Owner Carlucci Kenneth C $174,591
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2024 08/07/24 Rented $3,000 +7.1% --
07/21/2024 07/21/24 Under Contract -- -- --
06/23/2024 06/23/24 For Rent $2,800 0.0% --
06/04/2021 06/04/21 Sold $214,000 +4.6% $178 / Sq Ft
05/05/2021 05/05/21 For Sale $204,500 -- $170 / 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 $4,731 $246,000 -- --
2023 $4,570 $240,000 $0 $240,000
2022 $4,478 $187,000 $0 $0
2021 $3,593 $155,000 $0 $155,000
2020 $3,384 $150,000 $0 $150,000
2019 $3,263 $155,000 $0 $155,000
2018 $2,926 $145,000 $0 $145,000
2017 $2,881 $145,000 $0 $0
2016 $2,823 $86,382 $0 $0
2015 $2,774 $78,529 $0 $0
2014 $2,493 $71,390 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kelly Richter

    Landlord's Agent in 2024

    Kelly Richter

    Exit Realty Premier Elite

    (561) 967-3948

    1 in this area

    228 Total Sales

    Kelly Richter
    Section Image

  • K

    Seller's Agent in 2021

    Kaylee Paros

    London Foster Realty

    (561) 308-2509

    2 in this area

    22 Total Sales

    Kaylee Paros
    Section Image

  • J

    Buyer's Agent in 2021

    Jamie Garber

    Echo Fine Properties

    (561) 383-0206

    8 in this area

    84 Total Sales

    Jamie Garber
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10998539

BeachesMLS

APN: 36-43-42-21-28-003-2020

Florida Palm Beach County West Palm Beach 33403

1020 Lake Shore Dr Unit 202, West Palm Beach, FL

This home is located at 1020 Lake Shore Dr Unit 202, West Palm Beach, FL 33403 since 23 June 2024 and is currently priced at $341,543. This property was built in 1989. 1020 Lake Shore Dr Unit 202 is a home located in Palm Beach County with nearby schools including Lake Park Elementary School, Howell L. Watkins Middle School, and Palm Beach Gardens Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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