NOT LISTED FOR SALE

1050 Lake Shore Dr Unit 104 West Palm Beach, FL 33403

Estimated Value: $219,000 - $305,000

2 Beds
2 Baths
920 Sq Ft
$349/mo HOA Fee

Last Sold June 01, 2012

Last sale price $64,000 $70 Per Sq Ft

Est. 310% increase in value since last sale

Current estimated payment $2,129/month

1 Day on Market

Highlights

  • Boat Ramp
  • Gated with Attendant
  • Great Room
  • Water Views
  • Clubhouse
  • Community Pool

About This Home

As of June 2012

1st floor condo located in a gated community. Relax poolside and watch the boats go by in the intracoastal. Bay reach is quietly tucked away in Palm Beach Gardens. *See addenda for Fannie Mae Homepath Financing information! ***Property may only be shown Monday- Friday from 9am-4:30pm****. NO OFFERS WILL BE ACKNOWLEDGED FOR 3 DAYS FOR OWNER OCCUPANTS AND 15 DAYS FOR INVESTORS! SELLER MAKES NO WARRANTIES OR REPRESENTATIONS AS TO CONDITION. PROPERTY SOLD AS IS AND APPROVED FOR FANNIE MAE HOMEPATH MORTGAGE FINANCING AND FANNIE MAE HOMEPATH RENOVATION MORTGAGE FINANCING. PLEASE VISIT HOMEPATH FOR MORE INFORMATION. IF APPLICABLE, HOA FEES NOT GUARANTEED. PLEASE CONTACT ASSOCIATION DIRECTLY. CANNOT GUARANTEE IF ANY SPECIAL ASSESSMENTS, CONTACT COUNTY.

Last Agent to Sell the Property

Gail Lamborn

Platinum Properties/The Keyes License #3008430 Listed on: 04/30/2012

Platinum Properties/The Keyes

Last Buyer's Agent

Gail Lamborn

Platinum Properties/The Keyes License #3008430 Listed on: 04/30/2012

Platinum Properties/The Keyes

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1989

Lot Details

  • 1

HOA Fees

  • $349 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 920 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Great Room
  • Ceramic Tile Flooring
  • Water Views

Bedrooms and Bathrooms

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

Additional Features

  • Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 36434221280091040

Community Details

Overview

  • Association fees include common areas, cable TV, maintenance structure
  • 220 Units
  • Bay Reach Condo Subdivision, Bermuda Floorplan

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Boating
  • Community Pool

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Year Built

Built in 1989

Lot Details

0

HOA Fees

$349 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I95 TO NORTHLAKE BLVD,E TO US1,S ON US-1,NEXT LIGHT PALMETTO L, ENTRANCE L
  • Year Built: 1989
  • Year Built Details: Resale
  • Special Features: RealEstateOwned

Interior Features

  • Interior Amenities: Entrance Foyer, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: None
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 920.0
  • Dining Room Type: Great Room
  • Stories: 1

Exterior Features

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

Garage/Parking

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

Utilities

  • Security: Gated with Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association Fee: 349.0
  • Community Features: Boat Facilities, Clubhouse, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Management, Pool
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Maintenance Structure

Lot Info

  • Parcel #: 36434221280091040
  • Zoning Description: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 1740.0

Multi Family

  • Number Of Units In Community: 220

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2022
Sold by
Royals Gary W and Royals Charles F
Bought by
Harmornick Royals Trust
Total Days on Market
1
Current Estimated Value
$262,624

Purchase Details

Closed on
Jan 4, 2013
Sold by
Royals Gary W
Bought by
Royals Gary W

Purchase Details

Listed on
Apr 30, 2012
Closed on
Jun 1, 2012
Sold by
Federal National Mortgage Association
Bought by
Royals Gary W
Seller's Agent
Gail Lamborn
Platinum Properties/The Keyes
Buyer's Agent
Gail Lamborn
Platinum Properties/The Keyes
List Price
$67,500
Sold Price
$64,000
Premium/Discount to List
-$3,500
-5.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.67%

Purchase Details

Closed on
Jan 19, 2012
Sold by
Moore Debra A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 23, 2004
Sold by
Bay Reach Development Llc
Bought by
Moore Debra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,375
Interest Rate
6.37%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Harmornick Royals Trust -- None Listed On Document
Royals Gary W -- Attorney
Royals Gary W $64,000 Attorney
Federal National Mortgage Association $28,400 None Available
Moore Debra A $182,990 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moore Debra A $146,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2012 06/01/12 Sold $64,000 -5.2% $70 / Sq Ft
05/02/2012 05/02/12 Pending -- -- --
04/30/2012 04/30/12 For Sale $67,500 -- $73 / 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 $4,637 $178,897 -- --
2023 $4,102 $162,634 $0 $204,391
2022 $3,844 $147,849 $0 $0
2021 $3,484 $149,513 $0 $149,513
2020 $3,245 $139,513 $0 $139,513
2019 $3,188 $152,896 $0 $152,896
2018 $2,825 $137,896 $0 $137,896
2017 $2,713 $127,934 $0 $0
2016 $2,581 $83,457 $0 $0
2015 $2,525 $75,870 $0 $0
2014 $2,243 $68,973 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R3278193

BeachesMLS

APN: 36-43-42-21-28-009-1040