NOT LISTED FOR SALE

1202 S Lake Dr Unit 1010 Lantana, FL 33462

East Central Boulevard Neighborhood

Estimated Value: $334,738 - $364,000

2 Beds
2 Baths
1,351 Sq Ft
$600/mo HOA Fee

Last Sold May 05, 2015

Last sale price $140,000 $104 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $2,608/month

263 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Breakfast Area or Nook
  • Impact Glass
  • Community Pool
  • Elevator
  • Walk-In Closet

About This Home

As of May 2015

OWNER SAYS SELL!!! REDUCED $40K. Nicely Updated direct Intercoastal 2 bedroom/2 bath condominium. Unit Features Remodeled kitchen, tile throughout, new paint, washer/dryer in unit, Hurricane Impact windows and doors, magnificent views of the intercoastal and a wrap around patio. Property features open air atrium, beautiful pool just feet from the intercoastal with fantastic views, BBQ w/picnic area and a pier for fishing and relaxing. Building is located walking distance to shops and dining and a short bike ride to the beach.

Last Agent to Sell the Property

Mike Hilghman

Florida Premier Realty of the Palm Beaches LLC License #3209445 Listed on: 07/15/2014

Florida Premier Realty of the Palm Beaches LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,834

Year Built

  • Built in 1980

Lot Details

  • Property fronts an intracoastal waterway
  • West Facing Home
  • Sprinkler System

HOA Fees

  • $600 Monthly HOA Fees

Interior Spaces

  • 1,351 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Intracoastal Views

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 40434503300001010

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, legal/accounting, ground maintenance, maintenance structure, pool(s), reserve fund, roof, trash, water
  • High-Rise Condominium
  • Hidden Banyan Condo Subdivision
  • 5-Story Property

Amenities

  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Phone Entry
  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,834

Year Built

Built in 1980

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Fedral HWY north of Hypoluxo Rd. to right on Filandia to right on S. Lake DR. to building on left
  • Year Built: 1980
  • Architectural Style: High Rise
  • Carport Y N: No
  • Unit Levels: Three Or More
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Area, Entrance Foyer, Living/Dining Room, Pantry, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 1351.0
  • Stories: 5
  • Window Features: Blinds, Impact Glass

Exterior Features

  • Exterior Features: Patio
  • View: Intercoastal
  • Lot Features: Sprinklers Automatic
  • Pool Features: None, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: West
  • Patio And Porch Features: Patio
  • Roof: Other

Garage/Parking

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

Utilities

  • Security: Phone Entry, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • 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: 600.0
  • Community Features: Pool, Street Lights
  • Senior Community: No
  • Amenities: Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Pool(s), Reserve Fund, Roof, Trash, Water

Lot Info

  • Parcel #: 40434503300001010
  • Zoning Description: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 2834.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2014
Closed on
May 5, 2015
Sold by
Scharman Rita L
Bought by
Mousel Leslie
Seller's Agent
Mike Hilghman
Florida Premier Realty of the Palm Beaches LLC
List Price
$200,000
Sold Price
$140,000
Premium/Discount to List
-$60,000
-30%
Current Estimated Value
$348,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,935
Avg. Annual Appreciation
9.17%

Purchase Details

Closed on
Aug 1, 2003
Sold by
Pasiak Mary and Corey Judith
Bought by
Scharman Rita L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 18, 2002
Sold by
Thacker Daniel E and Stern Thacker Susan
Bought by
Pasiak Mary and Corey Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
6.21%

Purchase Details

Closed on
Jun 20, 2000
Sold by
Muir James R
Bought by
Thacker Daniel E and Stern-Thacker Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
8.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 1998
Sold by
Copeland James E
Bought by
Muir James R and Muir Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
6.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 1993
Sold by
Wright Robert Roy
Bought by
Copeland James E
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
Mousel Leslie $140,000 Title Trust Services Llc
Scharman Rita L $200,000 --
Pasiak Mary $167,000 First Fidelity Title Inc
Thacker Daniel E $105,000 --
Muir James R $80,000 --
Copeland James E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scharman Rita L $160,000
Previous Owner Pasiak Mary $67,000
Previous Owner Muir James R $87,500
Previous Owner Muir James R $84,000
Previous Owner Muir James R $76,000
Closed Scharman Rita L $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2015 05/05/15 Sold $140,000 -30.0% $104 / Sq Ft
04/05/2015 04/05/15 Pending -- -- --
07/15/2014 07/15/14 For Sale $200,000 -- $148 / 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 $1,814 $117,871 -- --
2023 $1,706 $114,438 $0 $0
2022 $1,722 $111,105 $0 $0
2021 $1,662 $107,869 $0 $0
2020 $1,639 $106,380 $0 $0
2019 $1,604 $103,988 $0 $0
2018 $1,515 $102,049 $0 $0
2017 $1,425 $99,950 $0 $0
2016 $1,397 $97,894 $0 $0
2015 $3,472 $146,410 $0 $0
2014 $3,132 $133,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Mike Hilghman

    Florida Premier Realty of the Palm Beaches LLC

    (561) 294-8255

    31 Total Sales

    Mike Hilghman
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Map

Source: BeachesMLS

MLS Number: R10056737

BeachesMLS

APN: 40-43-45-03-30-000-1010

Florida Palm Beach County Lantana 33462 East Central Boulevard

1202 S Lake Dr Unit 1010, Lantana, FL

This home is located at 1202 S Lake Dr Unit 1010, Lantana, FL 33462 since 15 July 2014 and is currently estimated at $348,935, approximately $258 per square foot. This property was built in 1980. 1202 S Lake Dr Unit 1010 is a home located in Palm Beach County with nearby schools including Lantana Elementary School, Lake Worth High School, and Lantana Middle 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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