NOT LISTED FOR SALE

1202 S Lake Dr Unit 5050 Lantana, FL 33462

East Central Boulevard Neighborhood

Estimated Value: $345,000 - $525,000

2 Beds
2 Baths
1,351 Sq Ft
$506/mo HOA Fee

Last Sold April 05, 2021

Last sale price $355,000 $263 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,376/month

139 Days on Market

Highlights

  • 60 Feet of Waterfront
  • Intracoastal View
  • Community Pool
  • Fitness Center
  • Furnished
  • Balcony

About This Home

As of April 2021

Location! Fantastic! Location! Stunning apartment with breathtaking views of Intracoastal and pool from SE corner of bldg. Unit was completely remodeled with state of the art SS appliances, wood cabinets and modern ceramic tile. Comes with washer and dryer inside the unit, balconies enveloping the main living areas providing plenty of brightness throughout the day. Impact windows and doors. The unit is sold fully furnished with new contemporary furniture worth $10K. Very well maintained and it shows. Nice pool and dock to relax at throughout the day. A must see! Offers must be accompanied by lender pre-approval. Buyer transaction fee of $295 to be paid at closing. Condo Association refundable deposit of $500, condo assoc. processing fee $100. Available for lease RX-10669612.

Last Agent to Sell the Property

Mark Habib

Royal Crown Group LLC License #3166860 Listed on: 10/17/2020

Last Buyer's Agent

SHARON ROSS

EXP Realty LLC License #3405749

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,109

Year Built

  • Built in 1980

Lot Details

  • 60 Feet of Waterfront
  • Property fronts an intracoastal waterway

HOA Fees

  • $506 Monthly HOA Fees

Property Views

  • Intracoastal
  • Pool

Interior Spaces

  • 1,351 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Plantation Shutters
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Ceramic Tile Flooring

Kitchen

  • Electric Range
  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • Over 1 Space Per Unit
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Wrap Around Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Security Deposit $500
  • Assessor Parcel Number 40434503300005050

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, maintenance structure, parking, pool(s), reserve fund, sewer, trash, water
  • 24 Units
  • Hidden Banyan Condo Subdivision
  • 5-Story Property

Amenities

  • Community Storage Space
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,109

Year Built

Built in 1980

Lot Details

0

HOA Fees

$506 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Hypoluxo Rd East to US 1 North to Stern right and right on Lave Ave to end of street.
  • Year Built: 1980
  • Entry Level: 5
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Entrance Foyer, Elevator, Living/Dining Room, Pantry, Walk-In Closet(s)
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 1351.0
  • Dining Room Type: Storage Room
  • Stories: 5
  • Window Features: Blinds, Plantation Shutters, Sliding

Exterior Features

  • Exterior Features: Balcony
  • View: Intercoastal, Pool
  • Road Frontage Type: Waterfront
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Wrap Around
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest, Two or More Spaces

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • 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: 506.0
  • Community Features: Non-Gated, Pool
  • Senior Community: No
  • Amenities: Fitness Center, Pool, Storage, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Pool(s), Reserve Fund, Sewer, Trash, Water

Lot Info

  • Parcel #: 40434503300005050
  • Zoning Description: R15(ci
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Security Deposit: 500.0

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4109.0

Multi Family

  • Number Of Units In Community: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2024
Sold by
Mcbride Douglas R and Mcbride Ursula G
Bought by
Mcbride Family Trust and Mcbride
Current Estimated Value
$409,102

Purchase Details

Listed on
Oct 17, 2020
Closed on
Apr 1, 2021
Sold by
Jalloul Mahmoud
Bought by
Mcbride Douglas R and Mcbride Ursula G
Seller's Agent
Mark Habib
Royal Crown Group LLC
Buyer's Agent
SHARON ROSS
EXP Realty LLC
List Price
$389,500
Sold Price
$355,000
Premium/Discount to List
-$34,500
-8.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.14%

Purchase Details

Closed on
Aug 23, 2019
Sold by
Tan Ji Whee
Bought by
Jalloul Mahmoud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
3.7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 20, 2019
Sold by
Cummings Richard and Cummings Carole V
Bought by
Tan Ji Whee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
3.7%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Apr 8, 2014
Closed on
Sep 5, 2014
Sold by
Weinfield Susan
Bought by
Cummings Richard and Cummings Carole
Seller's Agent
Cynthia Makris
CM Properties and Interiors LLC
Buyer's Agent
Connie Williams
Re/Max Direct
List Price
$213,999
Sold Price
$197,000
Premium/Discount to List
-$16,999
-7.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.27%
Original Mortgage
$157,600
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2006
Sold by
Weinfeld Susan
Bought by
Weinfeld Susan

Purchase Details

Closed on
Dec 27, 2002
Sold by
Coker Donald L and Coker Ann L
Bought by
Weinfeld Susan

Purchase Details

Closed on
Sep 7, 2000
Sold by
Gootenberg Irwin H and Gootenberg Jayne M
Bought by
Coker Donald L and Coker Ann L

Purchase Details

Closed on
Jun 25, 1993
Sold by
Lapo Ann
Bought by
Gootenberg Irwin H and Gootenberg Jayne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,750
Interest Rate
7.44%
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
Mcbride Family Trust -- None Listed On Document
Mcbride Douglas R $355,000 Palm Title Services Inc
Jalloul Mahmoud $270,000 Clear2close T&E Llc
Tan Ji Whee $265,000 Attorney
Cummings Richard $197,000 Direct Title Ins Agency Ltd
Weinfeld Susan -- None Available
Weinfeld Susan $205,000 Flagher Title Company
Coker Donald L $117,500 --
Gootenberg Irwin H $93,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jalloul Mahmoud $243,000
Previous Owner Cummings Richard $157,600
Previous Owner Gootenberg Irwin H $69,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2021 04/05/21 Sold $355,000 -8.9% $263 / Sq Ft
03/06/2021 03/06/21 Pending -- -- --
10/17/2020 10/17/20 For Sale $389,500 +97.7% $288 / Sq Ft
09/05/2014 09/05/14 Sold $197,000 -7.9% $146 / Sq Ft
08/06/2014 08/06/14 Pending -- -- --
04/08/2014 04/08/14 For Sale $213,999 -- $158 / 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 $7,331 $359,400 -- --
2023 $7,201 $349,690 $0 $0
2022 $6,697 $317,900 $0 $0
2021 $3,896 $218,010 $0 $0
2020 $3,861 $215,000 $0 $215,000
2019 $4,110 $204,000 $0 $204,000
2018 $3,589 $175,200 $0 $175,200
2017 $3,159 $143,200 $0 $0
2016 $3,166 $142,200 $0 $0
2015 $3,782 $167,200 $0 $0
2014 $2,044 $126,063 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Habib

    Seller's Agent in 2021

    Mark Habib

    Royal Crown Group LLC

    (561) 379-7276

    1 in this area

    5 Total Sales

    Mark Habib
    Section Image
  • SHARON ROSS

    Buyer's Agent in 2021

    SHARON ROSS

    EXP Realty LLC

    (561) 374-4582

    1 in this area

    95 Total Sales

    SHARON ROSS
    Section Image

  • C

    Seller's Agent in 2014

    Cynthia Makris

    CM Properties and Interiors LLC

    (561) 506-7106

    3 Total Sales

    Cynthia Makris
    Section Image

  • C

    Buyer's Agent in 2014

    Connie Williams

    RE/MAX

    (561) 543-7782

    11 Total Sales

    Connie Williams
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10664115

BeachesMLS

APN: 40-43-45-03-30-000-5050

Florida Palm Beach County Lantana 33462 East Central Boulevard

1202 S Lake Dr Unit 5050, Lantana, FL

This home is located at 1202 S Lake Dr Unit 5050, Lantana, FL 33462 since 17 October 2020 and is currently estimated at $409,102, approximately $302 per square foot. This property was built in 1980. 1202 S Lake Dr Unit 5050 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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