NOT LISTED FOR SALE

1206 S Lake Dr Unit 506 Lantana, FL 33462

East Central Boulevard Neighborhood

Estimated Value: $312,686 - $373,000

2 Beds
2 Baths
1,252 Sq Ft
1.11 Acres

Last Sold November 25, 2013

Last sale price $125,000 $100 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $2,343/month

Highlights

  • Property fronts an intracoastal waterway
  • Community Pool
  • Wrap Around Porch
  • Wood Flooring
  • Balcony
  • Bar

About This Home

As of October 2020

Beautiful 5th floor views of the open intracoastal from this spacious 2 bedroom, 2 bath condo with updated kitchen, balcony, counter height bar, elevator access, wood floors, community pool access and much more. On premise Boat slip/lift available for an additional $100/month. Tenant pays all maintenance and repairs for boat lift. Max capacity: 35 foot vessel/12,000 lbs

Last Agent to Rent the Property

Mike Hilghman

Florida Premier Realty of the Palm Beaches LLC License #3209445 Listed on: 06/15/2020

Florida Premier Realty of the Palm Beaches LLC

Last Renter's Agent

Mike Hilghman

Florida Premier Realty of the Palm Beaches LLC License #3209445 Listed on: 06/15/2020

Florida Premier Realty of the Palm Beaches LLC

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,788

Year Built

  • Built in 1975

Lot Details

  • Property fronts an intracoastal waterway

Interior Spaces

  • 1,252 Sq Ft Home
  • Bar
  • Intracoastal Views
  • Washer

Kitchen

  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Balcony
  • Wrap Around Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 6/15/20
  • Assessor Parcel Number 40434503240005060

Community Details

Recreation

  • Community Pool

Additional Features

  • James Place Condo Subdivision
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,788

Year Built

Built in 1975

Lot Details

0

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2020-06-15

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: From I-95, East on Hypoluxo Road, North on US-1, East on E Central Boulevard, South on S. Lake Dr, east at end of road
  • Year Built: 1975
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bar
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Trash Compactor, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile, Wood
  • Living Area: 1252.0

Exterior Features

  • Exterior Features: Balcony
  • View: Intercoastal
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Patio And Porch Features: Wrap Around

Garage/Parking

  • Garage Yn: No

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Non-Gated, Pool
  • Senior Community: No
  • Amenities: Pool
  • Pets Allowed: No

Lot Info

  • Parcel #: 40434503240005060

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2021
Sold by
Zweifler George
Bought by
Zweifler George Ira and Zweifler George Ira
Current Estimated Value
$336,922

Purchase Details

Listed on
May 8, 2013
Closed on
Nov 18, 2013
Sold by
Interlandi Don S and Interlandi Ingrid C
Bought by
Zweifler George
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
$149,000
Sold Price
$125,000
Premium/Discount to List
-$24,000
-16.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.25%

Purchase Details

Closed on
Feb 15, 2007
Sold by
Interlandi Ingrid C and Interlandi Don S
Bought by
Interlandi Don S and Interlandi Ingrid C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2005
Sold by
Bitz Ingrid C
Bought by
Bitz Ingrid C and Interlandi Don S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,400
Interest Rate
7.7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 26, 2004
Sold by
Shaner Theresa A
Bought by
Tesoriero John D and Tesoriero Razel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,000
Interest Rate
6.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2000
Sold by
Berk Marvin
Bought by
Shaner Theresa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
7.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2000
Sold by
Gaylord Kraus
Bought by
Berk Marvin and Berk Caren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
8.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 1998
Sold by
Braga Carol I
Bought by
Kraus Gaylord and Kraus Myrna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,400
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 1995
Sold by
Hitchon John F and Hitchon Lorraine W
Bought by
Braga Carol I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Interest Rate
7.93%
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
Zweifler George Ira -- Accommodation
Zweifler George $125,000 Attorney
Interlandi Don S -- Attorney
Bitz Ingrid C -- --
Bitz Ingrid C $378,000 --
Tesoriero John D $282,500 Castles Title Group Lc
Shaner Theresa A $113,000 --
Berk Marvin $105,000 --
Kraus Gaylord $123,000 --
Braga Carol I $81,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hilghman Michael J $450,000
Closed Palms Asset Management Llc $450,000
Closed Hilghman Michael J $286,000
Previous Owner Interlandi Don S $356,000
Previous Owner Bitz Ingrid C $75,000
Previous Owner Bitz Ingrid C $302,400
Previous Owner Tesoriero John D $226,000
Previous Owner Shaner Theresa A $131,000
Previous Owner Kraus Gaylord $83,000
Previous Owner Kraus Gaylord $73,500
Previous Owner Kraus Gaylord $98,400
Previous Owner Braga Carol I $64,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2020 10/01/20 Rented $1,700 -5.6% --
09/01/2020 09/01/20 Under Contract -- -- --
06/15/2020 06/15/20 For Rent $1,800 0.0% --
11/25/2013 11/25/13 Sold $125,000 -16.1% $100 / Sq Ft
10/26/2013 10/26/13 Pending -- -- --
05/08/2013 05/08/13 For Sale $149,000 -- $119 / 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 $5,788 $261,831 -- --
2023 $5,253 $238,028 $0 $0
2022 $5,116 $216,389 $0 $0
2021 $4,307 $196,717 $0 $196,717
2020 $4,054 $182,983 $0 $182,983
2019 $3,835 $172,439 $0 $172,439
2018 $3,528 $172,712 $0 $172,712
2017 $3,258 $163,912 $0 $0
2016 $3,001 $127,432 $0 $0
2015 $2,726 $115,847 $0 $0
2014 $2,492 $105,315 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Landlord's Agent in 2020

    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: R10630912

BeachesMLS

APN: 40-43-45-03-24-000-5060

Florida Palm Beach County Lantana 33462 East Central Boulevard

1206 S Lake Dr Unit 506, Lantana, FL

This home is located at 1206 S Lake Dr Unit 506, Lantana, FL 33462 since 15 June 2020 and is currently priced at $336,922. This property was built in 1975. 1206 S Lake Dr Unit 506 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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