$195,000
SOLD MAR 26, 2018

1050 Lake Shore Dr Unit 204 West Palm Beach, FL 33403

2 Beds
2 Baths
1,200 Sq Ft
$454/mo HOA Fee

Recently Sold

$162 Per Sq Ft

13% Below List Price

28 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Clubhouse
  • Garden View
  • 465,773 Sq Ft lot
  • Vaulted Ceiling
  • Mediterranean Architecture

About This Home

As of October 2020

Stunning 2 Story Townhouse Type Unit In Highly Sought After, Waterfront And Resort style Community Of Bay Reach. This 2 Bedroom, 2 Bath Unit Was Completely Redone From Top To Bottom With A Brand New Kitchen, Granite Counter Tops, Updated Bathrooms, Tile Flooring Throughout, Updated Fans & Lighting, Custom Blinds, Hurricane Impact Windows & Doors And Much More! A/C Installed in 2012. This Is A Quiet End Unit With Lots Of Natural Light And A Private Balcony. The Beautiful Gated Community Of Bay Reach Has A Mediterranean Feel With Multiple fountains And Beautiful Greenery. Take A Swim In The Infinity Pool Or Relax On The Private Sandy Beach Area Over Looking The Intracoastal Waterway. Enjoy The Gym, Clubhouse, Hot Tub And BBQ Area. Close To Shopping And Restaurants. 1 Pet Up To 25lbs Is Ok.

Last Agent to Sell the Property

Gina Ferri

RE/MAX Prestige Realty/RPB License #3142431 Listed on: 01/26/2018

RE/MAX Prestige Realty/RPB

Last Buyer's Agent

Bradley Mayo

The Keyes Company (Tequesta) License #0477727

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,001

Year Built

  • Built in 1989

Lot Details

  • Property fronts an intracoastal waterway

HOA Fees

  • $454 Monthly HOA Fees

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Family Room
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Garden Views
  • Security Gate
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Parking

  • Guest Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 36434221280092040

Community Details

Overview

  • Association fees include cable TV, insurance, ground maintenance, maintenance structure, pool(s), sewer, water
  • Bay Reach Condo Subdivision

Recreation

  • Community Pool
  • Community Spa

Additional Features

  • Clubhouse
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,001

Year Built

Built in 1989

Lot Details

0

HOA Fees

$454 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Northlake Blvd to US1, south to Palmetto Rd, turn left, to Bay Reach Entrance
  • Year Built: 1989
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Living/Dining Room, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Spa Features: Community
  • Appliances: Dishwasher, Electric Range, Disposal, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 1200.0
  • Dining Room Type: Family Room, Laundry
  • Stories: 2
  • Window Features: Blinds, Impact Glass

Exterior Features

  • View: Garden
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

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

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: 454.0
  • Community Features: Clubhouse, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Pool(s), Sewer, Water

Lot Info

  • Parcel #: 36434221280092040
  • Lot Size Sq Ft: 465773.0
  • Zoning Description: R1AA(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3001.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2020
Closed on
Oct 16, 2020
Sold by
Gillespie Paul and Gillespie Victoria
Bought by
Soliani Kelly
Seller's Agent
Megan Dunn
Coral Cove Realty Inc
Buyer's Agent
Jason Litt
LoKation
List Price
$180,000
Sold Price
$180,000
Total Days on Market
28
Current Estimated Value
$356,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,377
Avg. Annual Appreciation
15.90%
Original Mortgage
$176,739
Outstanding Balance
$159,411
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$196,546

Purchase Details

Listed on
Jan 26, 2018
Closed on
Mar 23, 2018
Sold by
Scheer Lori Ann
Bought by
Gillespie Victoria
Seller's Agent
Gina Ferri
RE/MAX Prestige Realty/RPB
Buyer's Agent
Bradley Mayo
The Keyes Company (Tequesta)
List Price
$224,900
Sold Price
$195,000
Premium/Discount to List
-$29,900
-13.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.08%

Purchase Details

Listed on
Jul 20, 2012
Closed on
Aug 15, 2012
Sold by
Jones Lucy A
Bought by
Scheer Lori Ann
Seller's Agent
Gail Weir
Illustrated Properties LLC (Co
List Price
$79,890
Sold Price
$75,000
Premium/Discount to List
-$4,890
-6.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.57%

Purchase Details

Closed on
Jan 12, 2012
Sold by
Wells Fargo Bank Na
Bought by
Jones Lucy A

Purchase Details

Closed on
Aug 17, 2011
Sold by
Nedrick Sharmain and Anderson Mary Nedrick
Bought by
Southtrust Mortgage Corporation

Purchase Details

Closed on
Sep 22, 2004
Sold by
Bay Reach Development Llc
Bought by
Nedrick Sharmain

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,400
Interest Rate
5.25%
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 $180,000 None Available
Warranty Deed $195,000 Attorney
Warranty Deed $75,000 The Title Network Inc
Special Warranty Deed $58,000 Servicelink
Trustee Deed $35,100 None Available
Special Warranty Deed $194,990 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $176,739 New Conventional
Previous Owner $175,400 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $180,000 0.0% $150 / Sq Ft
09/16/2020 09/16/20 Pending -- -- --
08/04/2020 08/04/20 For Sale $180,000 -7.7% $150 / Sq Ft
03/26/2018 03/26/18 Sold $195,000 -13.3% $163 / Sq Ft
02/24/2018 02/24/18 Pending -- -- --
01/26/2018 01/26/18 For Sale $224,900 +199.9% $187 / Sq Ft
08/17/2012 08/17/12 Sold $75,000 -6.1% $63 / Sq Ft
07/20/2012 07/20/12 For Sale $79,890 -- $67 / 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 $3,018 $163,734 -- --
2023 $2,864 $158,965 $0 $0
2022 $2,854 $154,335 $0 $0
2021 $2,787 $149,840 $0 $0
2020 $3,744 $150,000 $0 $150,000
2019 $3,878 $155,000 $0 $155,000
2018 $3,052 $145,000 $0 $145,000
2017 $3,001 $145,000 $0 $0
2016 $2,939 $93,170 $0 $0
2015 $2,881 $84,700 $0 $0
2014 $2,592 $77,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Megan Dunn

    Coral Cove Realty Inc

    (561) 203-7803

    5 in this area

    55 Total Sales

    Megan Dunn
    Section Image

  • B

    Seller Co-Listing Agent in 2020

    Ben Slayen

    Coral Cove Realty Inc

    (561) 909-7796

    3 in this area

    43 Total Sales

    Ben Slayen
    Section Image
  • Jason Litt

    Buyer's Agent in 2020

    Jason Litt

    LoKation

    (561) 860-7637

    2 in this area

    166 Total Sales

    Jason Litt
    Section Image

  • G

    Seller's Agent in 2018

    Gina Ferri

    RE/MAX

    (954) 242-7411

    4 in this area

    18 Total Sales

    Gina Ferri
    Section Image

  • B

    Buyer's Agent in 2018

    Bradley Mayo

    The Keyes Company

  • Brad Mayo

    Buyer's Agent in 2018

    Brad Mayo

    The Keyes Company (Tequesta)

    (561) 714-4264

    55 Total Sales

    Brad Mayo
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10400324

BeachesMLS

APN: 36-43-42-21-28-009-2040

Florida Palm Beach County West Palm Beach 33403

1050 Lake Shore Dr Unit 204, West Palm Beach, FL

This home is located at 1050 Lake Shore Dr Unit 204, West Palm Beach, FL 33403 and is currently priced at $195,000, approximately $162 per square foot. This property was built in 1989. 1050 Lake Shore Dr Unit 204 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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