NOT LISTED FOR SALE

116 Lake Olive Dr West Palm Beach, FL 33411

Golden Lakes Neighborhood

Estimated Value: $158,818 - $186,000

2 Beds
2 Baths
876 Sq Ft
$451/mo HOA Fee

Last Sold May 19, 2021

Last sale price $140,000 $160 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,476/month

24 Days on Market

Highlights

  • Transportation Service
  • Senior Community
  • Canal Access
  • Gated with Attendant
  • Waterfront
  • Canal View

About This Home

As of May 2021

Welcome to this stunning remodeled 2 bed, 2 bath villa with water view in Golden Lakes (55+ Community). This gorgeous villa features NEW kitchen with 42'' custom white shaker cabinets, quartz countertops, and stainless steel appliances.The living area has a beautiful 24x24 Alaskan white porcelain tile and the bedrooms have a snow peak oak laminate, NEW bathrooms, NEW fixtures, NEW water heater and NEW electrical box. Come see this tastefully remodeled villa before it's gone. Community amenities include, tennis courts, pool, courtesy bus, library and much more!

Last Agent to Sell the Property

Angie Carmona

South Palm Realty License #3287612 Listed on: 03/25/2021

Last Buyer's Agent

Amanda Caracuzzo

Compass Florida LLC License #3309001

Compass Florida LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,598

Year Built

  • Built in 1981

Lot Details

  • Waterfront
  • Zero Lot Line

HOA Fees

  • $451 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Barrel Roof Shape

Interior Spaces

  • 876 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Canal Views
  • Washer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Canal Access

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00424328250021160

Community Details

Overview

  • Senior Community
  • Association fees include management, common areas, cable TV, insurance, ground maintenance, maintenance structure, roof, sewer, security, trash, water
  • Golden Lakes Village Subdivision

Amenities

  • Transportation Service
  • Public Transportation
  • Clubhouse
  • Game Room
  • Community Library

Recreation

  • Tennis Courts
  • Shuffleboard Court
  • Community Pool
  • Community Spa

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,598

Year Built

Built in 1981

Lot Details

0

HOA Fees

$451 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: OKEECHOBEE BLVD, 2ND LT WEST OF JOG RD TO GOLDEN LAKES BLVD.
  • Year Built: 1981
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Living/Dining Room, Tub Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Laminate, Tile
  • Living Area: 876.0
  • Dining Room Type: Florida Room
  • Stories: 1

Exterior Features

  • View: Canal
  • Lot Features: Zero Lot Line
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Gated with Guard
  • Cooling: Central Air
  • 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: 451.0
  • Community Features: Clubhouse, Game Room, Gated, Property Manager On-Site, Pool, Public Transportation, Shuffleboard, Tennis Court(s)
  • Senior Community: Yes
  • Amenities: Clubhouse, Library, Management, Pool, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s), Transportation Service
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Roof, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 00424328250021160
  • Lot Size: Zero Lot
  • Zoning Description: RS

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1598.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2021
Closed on
May 18, 2021
Sold by
Moreno Jairo and Gama Maria
Bought by
Torres Rosa M
Seller's Agent
Angie Carmona
South Palm Realty
Buyer's Agent
Amanda Caracuzzo
Compass Florida LLC
List Price
$152,500
Sold Price
$140,000
Premium/Discount to List
-$12,500
-8.2%
Current Estimated Value
$169,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,205
Avg. Annual Appreciation
6.01%

Purchase Details

Listed on
Sep 2, 2020
Closed on
Oct 19, 2020
Sold by
Schultz Elliott P
Bought by
Moreno Jairo and Gama Maria
Seller's Agent
Russell Ayers
Perfect Properties of the Palm Beaches
Buyer's Agent
Angie Carmona
South Palm Realty
List Price
$95,000
Sold Price
$90,000
Premium/Discount to List
-$5,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
114.21%

Purchase Details

Listed on
Jun 22, 2019
Closed on
Jun 28, 2019
Sold by
Billitch Sharon
Bought by
Schultz Elliott P
Seller's Agent
Russell Ayers
Perfect Properties of the Palm Beaches
Buyer's Agent
Russell Ayers
Perfect Properties of the Palm Beaches
List Price
$77,500
Sold Price
$75,000
Premium/Discount to List
-$2,500
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.93%
Original Mortgage
$75,000
Interest Rate
4%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 21, 2001
Sold by
Kostick Alexander and Kostick Amelia
Bought by
Kostick Alexander
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Torres Rosa M $140,000 Trident Title
Moreno Jairo $90,000 First International Ttl Inc
Schultz Elliott P $75,000 First International Ttl Inc
Kostick Alexander -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schultz Elliott P $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2021 05/19/21 Sold $140,000 -8.2% $160 / Sq Ft
04/19/2021 04/19/21 Pending -- -- --
03/25/2021 03/25/21 For Sale $152,500 +69.4% $174 / Sq Ft
10/19/2020 10/19/20 Sold $90,000 -5.3% $103 / Sq Ft
09/19/2020 09/19/20 Pending -- -- --
09/02/2020 09/02/20 For Sale $95,000 +26.7% $108 / Sq Ft
06/28/2019 06/28/19 Sold $75,000 -3.2% $86 / Sq Ft
06/22/2019 06/22/19 For Sale $77,500 -- $88 / 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 $1,578 $118,070 -- --
2023 $1,523 $114,631 $0 $0
2022 $1,494 $111,292 $0 $0
2021 $1,677 $80,552 $0 $80,552
2020 $1,598 $75,552 $0 $75,552
2019 $1,428 $72,100 $0 $72,100
2018 $1,247 $62,100 $0 $62,100
2017 $1,168 $59,100 $0 $0
2016 $1,044 $45,100 $0 $0
2015 $1,033 $43,100 $0 $0
2014 $347 $31,071 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Angie Carmona

    South Palm Realty

    (561) 329-3292

    2 in this area

    55 Total Sales

    Angie Carmona
    Section Image
  • Amanda Caracuzzo

    Buyer's Agent in 2021

    Amanda Caracuzzo

    Compass Florida LLC

    (561) 317-2268

    1 in this area

    34 Total Sales

    Amanda Caracuzzo
    Section Image
  • Russell Ayers

    Seller's Agent in 2020

    Russell Ayers

    Perfect Properties of the Palm Beaches

    (561) 385-7003

    1 in this area

    10 Total Sales

    Russell Ayers
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10702791

BeachesMLS

APN: 00-42-43-28-25-002-1160

Florida Palm Beach County West Palm Beach 33411 Golden Lakes

116 Lake Olive Dr, West Palm Beach, FL

This home is located at 116 Lake Olive Dr, West Palm Beach, FL 33411 since 25 March 2021 and is currently estimated at $169,205, approximately $193 per square foot. This property was built in 1981. 116 Lake Olive Dr is a home located in Palm Beach County with nearby schools including Benoist Farms Elementary School, Jeaga Middle School, and Royal Palm Beach 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.

Nearby Homes