$75,000
SOLD AUG 17, 2012

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

2 Beds
2 Baths
1,200 Sq Ft
$449/mo HOA Fee

Recently Sold

$62 Per Sq Ft

6% Below List Price

27 Days on Market

Highlights

  • Boat Ramp
  • Property fronts an intracoastal waterway
  • Roman Tub
  • Golf Course Community
  • Clubhouse
  • High Ceiling

About This Home

As of October 2020

See the intracoastal from your balcony, new tankless water heating system, new A/C system, Verticals, very private Master bedroom on 2nd floor, lots of closet.

Last Listed By

Gail Weir

Illustrated Properties LLC (Co License #389084 Listed on: 07/20/2012

Illustrated Properties LLC (Co

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,727

Year Built

  • Built in 1989

Lot Details

  • Property fronts an intracoastal waterway

HOA Fees

  • $449 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Frame Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Single Hung Metal Windows
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Security Gate

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 36434221280092040

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, ground maintenance, maintenance structure, parking, pool(s), recreation facilities, security, trash
  • Bay Reach Condo Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Boating
  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,727

Year Built

Built in 1989

Lot Details

0

HOA Fees

$449 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: U.S.Hwy.#1 south to Palmetto east to Bay Reach
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Interior Amenities: Entrance Foyer, Garden Tub/Roman Tub, High Ceilings, Living/Dining Room, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1200.0
  • Stories: 2
  • Window Features: Blinds, Metal, Single Hung, Sliding

Exterior Features

  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: No
  • Construction Type: Block, Frame

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Security: Security Gate, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 449.0
  • Community Features: Boat Facilities, Clubhouse, Golf, Golf Course Community, Park, Property Manager On-Site, Pool, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Golf Course, Management, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Pool(s), Recreation Facilities, Security, Trash

Lot Info

  • Parcel #: 36434221280092040
  • Zoning Description: res

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 1727.0

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
27
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

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 $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

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Map

Source: BeachesMLS

MLS Number: R3297036

BeachesMLS

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