$109,000
SOLD JUL 17, 2013

1206 S Lake Dr Unit 302 Lantana, FL 33462

East Central Boulevard Neighborhood
2 Beds
2 Baths
1,402 Sq Ft
$400/mo HOA Fee

Recently Sold

$78 Per Sq Ft

30% Below List Price

157 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Wood Flooring
  • Shuffleboard Court
  • Roman Tub
  • Community Pool
  • Built-In Features

About This Home

As of July 2013

Beautiful waterfront condo .

Last Agent to Sell the Property

John Benedetto

LoKation License #3146257 Listed on: 01/10/2013

LoKation

Last Buyer's Agent

John Benedetto

LoKation License #3146257 Listed on: 01/10/2013

LoKation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,547

Year Built

  • Built in 1975

Lot Details

  • Property fronts an intracoastal waterway

HOA Fees

  • $400 Monthly HOA Fees

Interior Spaces

  • 1,402 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Intracoastal Views
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

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

Home Security

Parking

  • Garage
  • Garage Door Opener

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 40434503240003020

Community Details

Overview

  • James Place Condo Subdivision

Recreation

  • Shuffleboard Court
  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,547

Year Built

Built in 1975

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: 95 to Hypoluxo E to Federal North to Stearns E to S lake
  • Year Built: 1975
  • Special Features: 12

Interior Features

  • Interior Amenities: Built-in Features, Garden Tub/Roman Tub, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Wood
  • Living Area: 1402.0
  • Stories: 2

Exterior Features

  • View: Intercoastal
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block

Garage/Parking

  • Garage Yn: No
  • Parking Features: Garage Door Opener

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 400.0
  • Community Features: Pool, Shuffleboard
  • Senior Community: No
  • Amenities: Pool, Shuffleboard Court
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 40434503240003020
  • Zoning Description: resident
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 2547.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2013
Closed on
Jul 15, 2013
Sold by
Nystrom Iris
Bought by
Lee Ben and Lee Benjamin
Seller's Agent
John Benedetto
LoKation
Buyer's Agent
John Benedetto
LoKation
List Price
$155,000
Sold Price
$109,000
Premium/Discount to List
-$46,000
-29.68%
Current Estimated Value
$348,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,014
Avg. Annual Appreciation
11.01%
Original Mortgage
$110,000
Interest Rate
15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 2003
Sold by
Lass Stephen H
Bought by
Nystrom Iris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6.03%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $109,000 Floridian Title Llc
Warranty Deed $235,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $172,250 Adjustable Rate Mortgage/ARM
Closed $110,000 Purchase Money Mortgage
Previous Owner $100,000 Credit Line Revolving
Previous Owner $265,000 Fannie Mae Freddie Mac
Previous Owner $63,000 Credit Line Revolving
Previous Owner $188,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2013 09/22/13 Rented $1,950 0.0% --
08/23/2013 08/23/13 Under Contract -- -- --
07/19/2013 07/19/13 For Rent $1,950 0.0% --
07/17/2013 07/17/13 Sold $109,000 -29.7% $78 / Sq Ft
06/17/2013 06/17/13 Pending -- -- --
01/10/2013 01/10/13 For Sale $155,000 -- $111 / 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 $2,093 $133,055 -- --
2023 $1,995 $129,180 $0 $0
2022 $2,008 $125,417 $0 $0
2021 $1,944 $121,764 $0 $0
2020 $1,919 $120,083 $0 $0
2019 $1,881 $117,383 $0 $0
2018 $1,780 $115,194 $0 $0
2017 $1,687 $112,825 $0 $0
2016 $1,658 $110,504 $0 $0
2015 $1,688 $109,736 $0 $0
2014 $1,686 $108,865 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    John Benedetto

    LoKation

    (561) 596-8890

    John Benedetto
    Section Image

  • M

    Seller's Agent in 2013

    Monica Lee

    Intercontinental RE Holding

See All Agents

Map

Source: BeachesMLS

MLS Number: R3336609

BeachesMLS

APN: 40-43-45-03-24-000-3020

Florida Palm Beach County Lantana 33462 East Central Boulevard

1206 S Lake Dr Unit 302, Lantana, FL

This home is located at 1206 S Lake Dr Unit 302, Lantana, FL 33462 and is currently priced at $109,000, approximately $77 per square foot. This property was built in 1975. 1206 S Lake Dr Unit 302 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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