NOT LISTED FOR SALE

1130 Lake Shore Dr Unit 205 West Palm Beach, FL 33403

Estimated Value: $214,000 - $288,000

1 Bed
1 Bath
760 Sq Ft
$410/mo HOA Fee

Last Sold July 23, 2020

Last sale price $153,000 $201 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,164/month

17 Days on Market

Highlights

  • Boat Ramp
  • Clubhouse
  • Great Room
  • Gated Community
  • Garden View
  • Community Pool

About This Home

As of July 2020

Great location, be on the intracoastal, keep your boat where you live! Up to a 30 foot boat. Two parking spaces. Community has a large grilling area, updated exercise room and clubhouse, great pool right on the intrancoastal. This intracoastal community is a little gated paradise. water and basic cable included in condo fees. Close to shopping and restaurants.

Last Agent to Sell the Property

Sharon Nikolas

Illustrated Properties LLC (Jupiter) License #3092551 Listed on: 06/05/2020

Illustrated Properties LLC (Jupiter)

Co-Listed By

William Nikolas

Illustrated Properties LLC (Jupiter) License #3229497

Last Buyer's Agent

Catherine Bartels

Continental Properties, Inc. License #3145579

Continental Properties, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,674

Year Built

  • Built in 1989

Lot Details

  • 1

HOA Fees

  • $410 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 760 Sq Ft Home
  • 2-Story Property
  • Great Room
  • Garden Views

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Outdoor Grill
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 36434221280162050

Community Details

Overview

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

Recreation

  • Boat Ramp
  • Boating
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,674

Year Built

Built in 1989

Lot Details

0

HOA Fees

$410 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Northlake Blvd. E to US 1 then south to Palmetto, then east to Bay Reach on left.
  • Year Built: 1989
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 760.0
  • Dining Room Type: Great Room
  • Stories: 2

Exterior Features

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

Garage/Parking

  • Garage Yn: No
  • Parking Features: Two or More Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 410.0
  • Community Features: Boat Facilities, Gated, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Pool
  • Association Fee Frequency: Monthly

Fee Information

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

Lot Info

  • Parcel #: 36434221280162050
  • Zoning Description: R1AA(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3674.0

Multi Family

  • Number Of Units In Community: 220

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2020
Closed on
Jul 27, 2020
Sold by
Grant Walter Lee
Bought by
Yellowfin Properties Llc
Seller's Agent
Sharon Nikolas
Illustrated Properties LLC (Jupiter)
Buyer's Agent
Catherine Bartels
Continental Properties, Inc.
List Price
$153,900
Sold Price
$153,000
Premium/Discount to List
-$900
-0.58%
Current Estimated Value
$252,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,431
Avg. Annual Appreciation
9.18%

Purchase Details

Closed on
Mar 6, 2008
Sold by
Rojas Sergio E and Seguin Christopher
Bought by
Grant Walter Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,100
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 2004
Sold by
Bay Reach Development Llc
Bought by
Rojas Sergio E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,450
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Yellowfin Properties Llc $153,000 Homepartners Title Svcs Llc
Grant Walter Lee $158,000 Eastern Title Company Llc
Rojas Sergio E $174,990 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grant Walter Lee $138,100
Previous Owner Grant Walter Lee $150,100
Previous Owner Rojas Sergio E $157,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2020 07/23/20 Sold $153,000 -0.6% $201 / Sq Ft
06/23/2020 06/23/20 Pending -- -- --
06/05/2020 06/05/20 For Sale $153,900 -- $203 / 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 $4,681 $194,326 -- --
2023 $4,349 $176,660 $0 $211,000
2022 $4,099 $160,600 $0 $0
2021 $3,637 $146,000 $0 $146,000
2020 $3,654 $146,000 $0 $146,000
2019 $3,675 $146,000 $0 $146,000
2018 $717 $41,074 $0 $0
2017 $713 $40,229 $0 $0
2016 $669 $39,402 $0 $0
2015 $672 $39,128 $0 $0
2014 $672 $38,817 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10628397

BeachesMLS

APN: 36-43-42-21-28-016-2050