NOT LISTED FOR SALE

1020 Lake Shore Dr Unit 205 West Palm Beach, FL 33403

Estimated Value: $208,000 - $238,000

1 Bed
1 Bath
760 Sq Ft
$436/mo HOA Fee

Last Sold November 10, 2021

Last sale price $176,600 $232 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,848/month

69 Days on Market

Highlights

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

About This Home

As of November 2021

Intracoastal living at its best in this waterfront community featuring Mediterranean architecture with fountains and courtyards, infinity pool on the ICW,newly renovated gym,private docs available for lease. Newly Renovated top floor Flat with two balconies, vaulted ceilings in MB and vanity en-suit. Open concept kitchen/living room with new stainless still appliances. Washer/Dryer in unit. Corner unit extra quiet & bright. One parking spot. Gated Tropical community directly on the ICW. Minutes to golf courses, PBG shopping malls and restaurants.

Last Agent to Sell the Property

Ronald Schwartzman

Prestigious Homes Realty License #3008620 Listed on: 08/02/2021

Last Buyer's Agent

Gabrielle Coutant

Echo Fine Properties License #3301358

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,366

Year Built

  • Built in 1989

Lot Details

  • Property fronts an intracoastal waterway

HOA Fees

  • $436 Monthly HOA Fees

Parking

  • Driveway

Interior Spaces

  • 760 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • French Doors
  • Combination Dining and Living Room
  • Tile Flooring
  • Water Views
  • Security Gate
  • Washer and Dryer

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 36434221280032050

Community Details

Overview

  • Association fees include common areas, cable TV, maintenance structure, pest control, pool(s), recreation facilities, roof, sewer, security, trash, water
  • Bay Reach Condo Subdivision

Recreation

  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,366

Year Built

Built in 1989

Lot Details

0

HOA Fees

$436 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: East on North Lake Blvd to US1, South on US1 to Palmetto(first traffic light). East to ''Bay Reach'' on the left.Gated Entry,
  • Year Built: 1989
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: French Door(s)/Atrium Door(s), Living/Dining Room, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: French Doors
  • Flooring: Tile
  • Living Area: 760.0
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Garage Yn: No
  • Parking Features: Driveway

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: 436.0
  • Community Features: Clubhouse, Gated, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Pool
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Maintenance Structure, Pest Control, Pool(s), Recreation Facilities, Roof, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 36434221280032050
  • Zoning Description: R1AA(c

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2366.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2021
Closed on
Nov 10, 2021
Sold by
Mccarthy Krassimira A and Mitev Krassimira A
Bought by
Friscia August
Seller's Agent
Ronald Schwartzman
Prestigious Homes Realty
Buyer's Agent
Gabrielle Coutant
Echo Fine Properties
List Price
$179,000
Sold Price
$176,600
Premium/Discount to List
-$2,400
-1.34%
Current Estimated Value
$218,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,268
Avg. Annual Appreciation
7.27%
Original Mortgage
$141,280
Outstanding Balance
$129,766
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$102,307

Purchase Details

Closed on
Jan 29, 2009
Sold by
312 Montecito Llc
Bought by
Mccarthy Krassimira A

Purchase Details

Closed on
Dec 13, 2007
Sold by
Mitev Krassimira
Bought by
312 Montecito Llc

Purchase Details

Closed on
Sep 14, 2004
Sold by
Bay Reach Development Llc
Bought by
Mitev Krassimira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,992
Interest Rate
8.05%
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
Friscia August $176,600 Lighthouse Title Svcs Llc
Mccarthy Krassimira A -- Attorney
312 Montecito Llc $172,000 Associates Land Title Inc
Mitev Krassimira $114,990 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Friscia August $141,280
Previous Owner Mitev Krassimira $91,992
Closed Mitev Krassimira $22,998
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2021 11/10/21 Sold $176,600 -1.3% $232 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
08/02/2021 08/02/21 For Sale $179,000 0.0% $236 / Sq Ft
01/01/2018 01/01/18 Rented $1,175 0.0% --
12/02/2017 12/02/17 Under Contract -- -- --
11/08/2017 11/08/17 For Rent $1,175 +9.3% --
08/28/2015 08/28/15 For Rent $1,075 0.0% --
08/28/2015 08/28/15 Rented $1,075 +4.9% --
11/28/2014 11/28/14 Rented $1,025 +5.1% --
10/29/2014 10/29/14 Under Contract -- -- --
10/10/2014 10/10/14 For Rent $975 -- --
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 $3,011 $163,379 -- --
2023 $2,857 $158,620 $0 $0
2022 $2,847 $154,000 $0 $0
2021 $2,475 $110,000 $0 $110,000
2020 $2,366 $110,000 $0 $110,000
2019 $2,268 $110,000 $0 $110,000
2018 $2,049 $105,000 $0 $105,000
2017 $1,991 $100,000 $0 $0
2016 $1,941 $53,440 $0 $0
2015 $1,916 $48,582 $0 $0
2014 $1,671 $44,165 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10735315

BeachesMLS

APN: 36-43-42-21-28-003-2050