NOT LISTED FOR SALE

1206 S Lake Dr Unit 103 Lantana, FL 33462

East Central Boulevard Neighborhood

Estimated Value: $317,400 - $361,000

2 Beds
2 Baths
1,392 Sq Ft
$450/mo HOA Fee

Last Sold January 12, 2019

Last sale price $215,000 $154 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,623/month

273 Days on Market

Highlights

  • Boat Ramp
  • Property fronts an intracoastal waterway
  • Community Pool
  • Property has ocean access
  • Sauna
  • Impact Glass

About This Home

As of January 2019

BANK APPROVED ''SHORT SALE''. BOATERS PARADISE. Nicely appointed two bedroom two bath condo with direct long water intercoastal views with over 1350 square feet. Community features heated pool, sauna, boat slips (available separately), and garages (available separately). Don't miss out on this excellent opportunity to own your dream waterfront condo.

Last Agent to Sell the Property

Mike Hilghman

Florida Premier Realty of the Palm Beaches LLC License #3209445 Listed on: 03/14/2018

Florida Premier Realty of the Palm Beaches LLC

Last Buyer's Agent

Mike Hilghman

Florida Premier Realty of the Palm Beaches LLC License #3209445 Listed on: 03/14/2018

Florida Premier Realty of the Palm Beaches LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,552

Year Built

  • Built in 1975

Lot Details

  • Property fronts an intracoastal waterway
  • Sprinkler System

HOA Fees

  • $450 Monthly HOA Fees

Interior Spaces

  • 1,392 Sq Ft Home
  • Family Room
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Intracoastal Views
  • Home Security System

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

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

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Property has ocean access
  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 40434503240001030

Community Details

Overview

  • Association fees include common areas, ground maintenance, maintenance structure, pool(s)
  • 25 Units
  • High-Rise Condominium
  • James Place Condo Subdivision
  • 5-Story Property

Recreation

  • Boat Ramp
  • Boating
  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Sauna
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,552

Year Built

Built in 1975

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Hypoluxo to Federal Hwy N, Right on Broadway, Right on S Lake Drive, Building entrance at end of street on left.
  • Year Built: 1975
  • Architectural Style: High Rise
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: 12

Interior Features

  • Interior Amenities: Living/Dining Room, Stacked Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 1392.0
  • Dining Room Type: Family Room
  • Stories: 5
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Patio
  • View: Intercoastal
  • Lot Features: Sprinklers Automatic
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Security: Security System
  • 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: 450.0
  • Community Features: Boat Facilities, Pool, Sauna
  • Senior Community: No
  • Amenities: Pool, Sauna
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Maintenance Structure, Pool(s)

Lot Info

  • Parcel #: 40434503240001030
  • Zoning Description: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1552.0

Multi Family

  • Number Of Units In Community: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2018
Closed on
Jan 11, 2019
Sold by
Souza William A
Bought by
Franzen Adam G
Seller's Agent
Mike Hilghman
Florida Premier Realty of the Palm Beaches LLC
Buyer's Agent
Mike Hilghman
Florida Premier Realty of the Palm Beaches LLC
List Price
$230,000
Sold Price
$215,000
Premium/Discount to List
-$15,000
-6.52%
Current Estimated Value
$346,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,600
Avg. Annual Appreciation
8.04%
Original Mortgage
$164,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 24, 2005
Sold by
Souza Ruby A
Bought by
Souza William A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
5.69%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 7, 2004
Sold by
Lombardo Diane M
Bought by
Souza William A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.22%
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
Franzen Adam G $205,000 Title Trust Services Llc
Souza William A -- Coast To Coast Title Inc
Souza William A $260,000 Commerce Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franzen Adam G $168,000
Closed Franzen Adam G $164,000
Previous Owner Souza William A $307,500
Previous Owner Souza William A $61,450
Previous Owner Souza William A $330,000
Previous Owner Souza William A $208,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2019 01/12/19 Sold $215,000 -6.5% $154 / Sq Ft
12/13/2018 12/13/18 Pending -- -- --
03/14/2018 03/14/18 For Sale $230,000 -- $165 / 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 $3,105 $185,041 -- --
2023 $2,985 $179,651 $0 $0
2022 $2,989 $174,418 $0 $0
2021 $2,909 $169,338 $0 $0
2020 $2,879 $167,000 $0 $167,000
2019 $3,595 $159,000 $0 $159,000
2018 $3,799 $173,700 $0 $173,700
2017 $1,552 $106,177 $0 $0
2016 $1,523 $103,993 $0 $0
2015 $1,550 $103,270 $0 $0
2014 $1,549 $102,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    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: R10414094

BeachesMLS

APN: 40-43-45-03-24-000-1030

Florida Palm Beach County Lantana 33462 East Central Boulevard

1206 S Lake Dr Unit 103, Lantana, FL

This home is located at 1206 S Lake Dr Unit 103, Lantana, FL 33462 since 14 March 2018 and is currently estimated at $346,600, approximately $248 per square foot. This property was built in 1975. 1206 S Lake Dr Unit 103 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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