$214,000
SOLD JUN 4, 2021

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

2 Beds
2 Baths
1,200 Sq Ft
$527/mo HOA Fee

Recently Sold

$178 Per Sq Ft

5% Above List Price

29 Days on Market

Highlights

  • Ocean Front
  • Gated Community
  • Walk-In Closet
  • Concrete Pool
  • Clubhouse
  • Park

About This Home

As of June 2021

Amazing waterfront community with resort style living in the gated community of Bay Reach. Move in ready, second floor 2 bed/ 2 bath condo, with split floor plan. Guest bed and bath on the first floor with spacious master bed and bath upstairs. Open kitchen with breakfast bar. Huge walk in closest in master bedroom. Tons of storage space throughout the unit. Community offers exquisite Intracoastal views from the luxury pool, a private beach area, picnic & BBQ area, clubhouse, fitness center that overlooks the water, lush tropical gardens, and serene water fountains. Community also features a brand new seawall finished in 2020. Furniture negotiable.

Last Agent to Sell the Property

Kaylee Paros

London Foster Realty License #3301175 Listed on: 05/05/2021

London Foster Realty

Last Buyer's Agent

Jamie Garber

Echo Fine Properties License #3263303

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,384

Year Built

  • Built in 1989

Lot Details

  • Ocean Front
  • Property fronts an intracoastal waterway

HOA Fees

  • $527 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Furnished or left unfurnished upon request
  • Washer and Dryer

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Concrete Pool
  • Seawall

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 36434221280032020

Community Details

Overview

  • 220 Units
  • Bay Reach Condo Subdivision

Recreation

  • Park

Pet Policy

  • Pets Allowed

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,384

Year Built

Built in 1989

Lot Details

0

HOA Fees

$527 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I-95 to Northlake Blvd East. Turn right onto Federal Highway. Turn Left onto Palmetto Dr. Left into community. Gate code required
  • Year Built: 1989
  • Entry Level: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Pantry, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1200.0
  • Stories: 2

Exterior Features

  • Pool Features: Concrete, None
  • Waterfront Features: Intracoastal Access, Ocean Front, Seawall
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air
  • 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: 527.0
  • Community Features: Clubhouse, Gated, Park
  • Senior Community: No
  • Amenities: Clubhouse
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 36434221280032020
  • Zoning Description: R1AA(c

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3384.0

Multi Family

  • Number Of Units In Community: 220

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 Type Sale Price Title Company
Warranty Deed $214,000 Trident Title
Corporate Deed $78,000 Title2land Llc
Warranty Deed -- None Available
Special Warranty Deed $255,000 --
Special Warranty Deed $193,990 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $160,500 New Conventional
Previous Owner $216,750 Fannie Mae Freddie Mac
Previous Owner $174,591 Purchase Money Mortgage
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

    Seller'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: R10713644

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 and is currently priced at $214,000, approximately $178 per square foot. 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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