NOT LISTED FOR SALE

116 Palm Bay Dr Unit B Palm Beach Gardens, FL 33418

Ballenisles Neighborhood

Estimated Value: $842,006 - $1,215,000

2 Beds
2 Baths
2,195 Sq Ft
$567/mo HOA Fee

Last Sold September 13, 2012

Last sale price $335,000 $153 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $6,259/month

495 Days on Market

Highlights

  • Lake Front
  • Golf Course Community
  • Newly Remodeled
  • Timber Trace Elementary School Rated A
  • Gated with Attendant
  • Clubhouse

About This Home

As of September 2012

Spacious condo w/sparkling lake views & wonderful screened patio from which to enjoy lush grnds & lake! Abundant windows, spacious, open flr plan & attached 2-CG. Serene, casual elegance-a Palm Bay gem! Minimum Social Mshp. FEATURES INC: Very private entrance surrounded by lush foliage; wonderful location, near Community pool & Clubhouse. Natural sunlight pours through plentiful windows, wide open floor plan. 2 BR/2BA, Den & attached 2-CG. Both BAs have upgraded cabinetry; gst BA also has seamless glass shower. French doors open to beautifully appointed den...floor-to-ceiling custom built-in with lit shelves, rm for lrg flat screen TV, desk, lots of storage. Mstr BR is generously-sized w/walk-in closet; mstr BA's been extended to accommodate an add'l c... (see supplement for full remarks

Last Agent to Sell the Property

Michael Leibowitz

Leibowitz Realty Group, LLC./PBG License #3002957 Listed on: 04/06/2011

Co-Listed By

Andrew Leibowitz

Leibowitz Realty Group, LLC./PBG License #0596219

Last Buyer's Agent

Mark Samra

Berkshire Hathaway Florida Realty License #531646

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,462

Year Built

  • Built in 2003 | Newly Remodeled

Lot Details

  • 1

HOA Fees

  • $567 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Mediterranean Architecture
  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 2,195 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Formal Dining Room
  • Den
  • Lake Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Patio
  • Lake Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 52424213270000162

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, ground maintenance, maintenance structure, pool(s), roof, security, trash
  • Ballenisles Palm Bay Cl Subdivision, Queen Floorplan

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Clubhouse
  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,462

Year Built

Built in 2003 | Newly Remodeled

Lot Details

0

HOA Fees

$567 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: PGA BLVD BETWEEN FLORIDA TURNPIKE & I95
  • Year Built: 2003
  • Architectural Style: Mediterranean
  • Entry Level: 1
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: 4098

Interior Features

  • Interior Amenities: Dining Area, Separate/Formal Dining Room, High Ceilings
  • Furnished: Unfurnished
  • Appliances: Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Other
  • Living Area: 2195.0
  • Dining Room Type: Den
  • Stories: 2

Exterior Features

  • Exterior Features: Patio
  • View: Lake, Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: New Construction
  • Roof: Spanish Tile, Tile

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage

Utilities

  • Security: Gated with Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 567.0
  • Community Features: Clubhouse, Golf, Golf Course Community, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Golf Course, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

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

Lot Info

  • Parcel #: 52424213270000162
  • Zoning Description: R
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 7462.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2011
Closed on
Sep 13, 2012
Sold by
Glabman Seymour and Glabman Susan
Bought by
French Patricia Ann and James L French Declaration Of Trust
Seller's Agent
Michael Leibowitz
Leibowitz Realty Group, LLC./PBG
Buyer's Agent
Mark Samra
Berkshire Hathaway Florida Realty
List Price
$389,000
Sold Price
$335,000
Premium/Discount to List
-$54,000
-13.88%
Current Estimated Value
$960,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$625,502
Avg. Annual Appreciation
7.63%

Purchase Details

Closed on
Sep 29, 2003
Sold by
Vintage Properties Xii Ltd
Bought by
Glabman Seymour

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.45%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
French Patricia Ann $335,000 Trident Title Llc
Glabman Seymour $303,731 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Glabman Seymour $20,000
Previous Owner Glabman Seymour $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2012 09/13/12 Sold $335,000 -13.9% $153 / Sq Ft
08/14/2012 08/14/12 Pending -- -- --
04/06/2011 04/06/11 For Sale $389,000 -- $177 / 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 $5,507 $306,934 -- --
2023 $5,206 $297,994 $0 $0
2022 $5,134 $289,315 $0 $0
2021 $5,246 $280,888 $0 $280,888
2020 $5,334 $281,495 $0 $0
2019 $5,292 $275,166 $0 $0
2018 $5,121 $270,035 $0 $0
2017 $5,481 $264,481 $0 $0
2016 $5,783 $259,041 $0 $0
2015 $5,946 $257,240 $0 $0
2014 $6,568 $282,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Michael Leibowitz

    Leibowitz Realty Group, LLC./PBG

    (561) 262-0721

    103 in this area

    233 Total Sales

    Michael Leibowitz
    Section Image

  • A

    Seller Co-Listing Agent in 2012

    Andrew Leibowitz

    Leibowitz Realty Group, LLC./PBG

    (561) 262-0724

    99 in this area

    240 Total Sales

    Andrew Leibowitz
    Section Image

  • M

    Buyer's Agent in 2012

    Mark Samra

    Berkshire Hathaway Florida Realty

See All Agents

Map

Source: BeachesMLS

MLS Number: R3187730

BeachesMLS

APN: 52-42-42-13-27-000-0162

Florida Palm Beach County Palm Beach Gardens 33418 Ballenisles

116 Palm Bay Dr Unit B, Palm Beach Gardens, FL

This home is located at 116 Palm Bay Dr Unit B, Palm Beach Gardens, FL 33418 since 06 April 2011 and is currently estimated at $960,502, approximately $437 per square foot. This property was built in 2003. 116 Palm Bay Dr Unit B is a home located in Palm Beach County with nearby schools including Timber Trace Elementary School, Watson B. Duncan 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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