NOT LISTED FOR SALE

1120 Lake Shore Dr Unit 201 West Palm Beach, FL 33403

Estimated Value: $301,858 - $385,000

2 Beds
2 Baths
1,200 Sq Ft
$688/mo HOA Fee

Last Sold May 21, 2021

Last sale price $225,000 $188 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,914/month

48 Days on Market

Highlights

  • Boat Ramp
  • Home fronts navigable water
  • Gated Community
  • Property has ocean access
  • Intracoastal View
  • Clubhouse

About This Home

As of May 2021

Enjoy the Florida lifestyle in the gated community of Bay Reach. Intracoastal views from the private beach area, beautiful community pool with deck, picnic area, clubhouse, fitness center that overlooks water and barbeque area. This 2 bedroom 2 full bath 1 car garage condo is one of the larger units in the community. Tile on the entire 1st floor. Galley kitchen has granite counter tops, wood cabinetry, a full complement of appliances including a cooktop stove, wall microwave, refrigerator and dishwasher, a double undermount stainless steel sink, pantry and counter bar. The open dining area has pendant lighting. The family room has sliders leading to the covered balcony with plenty of room for seating. The guest bedroom is located on the 1st floor along with a

Last Agent to Sell the Property

Kevin Spina

The Keyes Company (PBG) License #3081899 Listed on: 03/03/2021

The Keyes Company (PBG)

Last Buyer's Agent

Michelle Taylor

Kelly Right Real Estate License #3289859

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,098

Year Built

  • Built in 1989

Lot Details

  • Home fronts navigable water
  • Sprinkler System

HOA Fees

  • $688 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Guest Parking
  • Assigned Parking

Property Views

  • Intracoastal
  • Garden

Home Design

  • Mediterranean Architecture
  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 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

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Canal Access
  • Seawall

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 36434221280142010

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, ground maintenance, maintenance structure, parking, pool(s), roof, sewer, trash, water
  • 220 Units
  • Bay Reach Condo Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Boating
  • Tennis Courts
  • Community Pool
  • Community Spa
  • Park

Pet Policy

  • Pets Allowed

Security

  • Phone Entry
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,098

Year Built

Built in 1989

Lot Details

0

HOA Fees

$688 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: From Northlake, Turn right onto US1, Left onto Lake Shore Drive, Community on left.
  • Year Built: 1989
  • Architectural Style: Mediterranean
  • Entry Level: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Entrance Foyer, Living/Dining Room, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1200.0
  • Dining Room Type: Laundry
  • Stories: 2
  • Window Features: Sliding

Exterior Features

  • View: Garden, Intercoastal
  • Lot Features: Sprinklers Automatic
  • Pool Features: None, Association, Community
  • Waterfront Features: Canal Access, Navigable Water, No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Spanish Tile, Tile

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Driveway, Detached, Garage, Guest, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Association Fee: 688.0
  • Community Features: Boat Facilities, Clubhouse, Gated, Park, Pool, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Pool(s), Roof, Sewer, Trash, Water

Lot Info

  • Parcel #: 36434221280142010
  • Zoning Description: R1AA(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1098.0

Multi Family

  • Number Of Units In Community: 220

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2021
Closed on
May 20, 2021
Sold by
Han Jung A
Bought by
Young Brian A
Seller's Agent
Kevin Spina
The Keyes Company (PBG)
Buyer's Agent
Michelle Taylor
Kelly Right Real Estate
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$334,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,798
Avg. Annual Appreciation
9.62%
Original Mortgage
$180,000
Outstanding Balance
$165,190
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$166,991

Purchase Details

Closed on
Dec 28, 2006
Sold by
Lamazares Eric and Lamazares Jennifer
Bought by
Han Jung A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2004
Sold by
Bay Reach Development Llc
Bought by
Lamazares Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,150
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Young Brian A $225,000 Property Transfer Svcs Inc
Han Jung A $250,000 Multiple
Lamazares Eric $197,990 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Brian A $180,000
Previous Owner Han Jung A $175,000
Previous Owner Lamazares Eric $178,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $225,000 0.0% $188 / Sq Ft
04/21/2021 04/21/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $225,000 -- $188 / 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 $4,821 $250,330 -- --
2023 $4,662 $244,391 $0 $244,391
2022 $4,574 $191,452 $0 $0
2021 $1,104 $71,241 $0 $0
2020 $1,098 $70,257 $0 $0
2019 $1,085 $68,677 $0 $0
2018 $1,027 $67,396 $0 $0
2017 $3,755 $147,934 $0 $0
2016 $1,029 $64,652 $0 $0
2015 $1,050 $64,203 $0 $0
2014 $1,058 $63,693 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10696812

BeachesMLS

APN: 36-43-42-21-28-014-2010