NOT LISTED FOR SALE

Cove Tower West 123 Lakeshore Dr Unit 2043 North Palm Beach, FL 33408

Estimated Value: $863,000 - $2,140,000

3 Beds
2.5 Baths
2,478 Sq Ft
$907/mo HOA Fee

Last Sold August 07, 2012

Last sale price $574,000 $232 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $6,782/month

154 Days on Market

Highlights

  • Ocean View
  • Property fronts an intracoastal waterway
  • Marble Flooring
  • Boat Ramp
  • Senior Community
  • Sauna

About This Home

As of August 2012

AMAZING SE VIEWS FROM THIS GORGEOUS RENOVATED THREE BEDROOM. SEE OCEAN, ICW, LAKE WORTH, MEGA-YACHT MARINA AND LIGHTS OF WEST PALM. FLOOR TO CEILING WINDOWS. WRAP-AROUND VIEW DECK. ONLY 4 APARTMENTS PER FLOOR. DOUBLE-DOOR ENTRY. UPDATED LOBBY. 4 LARGE CLOSETS. HIGH RESERVES. 2-MILE WFT WALK PATH. HEATED WFT POOL, SPA AND SAUNAS. ON-SITE YACHT CLUB. JACK NICKLAUS GOLF COURSE AND TENNIS CLUB ACROSS THE STREET. MINUTES TO BEACHES, GARDENS MALL, LEGACY PLACE, DOWNTOWN AT THE GARDENS, PGA COMMONS AND MIDTOWN AT PGA. 20 MINUTES FROM PALM BEACH INTERNATIONAL AIRPORT. COME ENJOY THE PALM BEACH LIFESTYLE.

Last Agent to Sell the Property

Diana Casper

Illustrated Properties, LLC License #3020583 Listed on: 02/04/2012

Last Buyer's Agent

Renee Story Jones

NV Realty Group, LLC License #0606186

NV Realty Group, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,987

Year Built

  • Built in 1980

Lot Details

  • Southeast Facing Home

HOA Fees

  • $907 Monthly HOA Fees

Property Views

Interior Spaces

  • 2,478 Sq Ft Home
  • Furnished or left unfurnished upon request
  • Bar
  • Entrance Foyer
  • Marble Flooring

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • 1 Carport Space
  • Assigned Parking

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 68434209340002043

Community Details

Overview

  • Senior Community
  • Association fees include management, common areas, cable TV, insurance, ground maintenance, maintenance structure, pool(s), security, trash
  • 172 Units
  • Cove Tower West Old Port Subdivision
  • 22-Story Property

Amenities

  • Sauna
  • Elevator

Recreation

  • Boat Ramp
  • Boating
  • Community Spa
  • Park

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,987

Year Built

Built in 1980

Lot Details

0

HOA Fees

$907 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: from pga blvd, south on us hwy one, left into opc
  • Year Built: 1980
  • Carport Y N: Yes
  • Special Features: None

Interior Features

  • Interior Amenities: Entrance Foyer, Bar, Walk-In Closet(s)
  • Furnished: Negotiable
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Marble
  • Living Area: 2478.0
  • Stories: 22

Exterior Features

  • View: Bay, Intercoastal, Ocean, Pool, Water
  • Pool Features: None, Community
  • View: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: Southeast

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Carport Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Attached, Covered, Garage

Utilities

  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 907.0
  • Community Features: Boat Facilities, Park, Property Manager On-Site, Pool, Sauna
  • Senior Community: Yes
  • Amenities: Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional, No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Pool(s), Security, Trash

Lot Info

  • Parcel #: 68434209340002043
  • Zoning Description: RES

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 6987.0

Multi Family

  • Number Of Units In Community: 172

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2015
Sold by
Goldreyer Daniel A and Finke Sharon A
Bought by
Goldreyer Daniel A
Current Estimated Value
$948,113

Purchase Details

Listed on
Feb 4, 2012
Closed on
Aug 7, 2012
Sold by
Jokubaitis Algimantas
Bought by
Finke Sharon A and Goldreyer Daniel A
Seller's Agent
Diana Casper
Illustrated Properties, LLC
Buyer's Agent
Renee Story Jones
NV Realty Group, LLC
List Price
$629,000
Sold Price
$574,000
Premium/Discount to List
-$55,000
-8.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.06%

Purchase Details

Closed on
Apr 29, 2005
Sold by
Stern Phyllis Rimmer and Sibley Carole R
Bought by
Jokubaitis Algimantas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.87%
Mortgage Type
Fannie Mae Freddie Mac
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
Goldreyer Daniel A -- Attorney
Finke Sharon A $574,000 The Title Network Inc
Jokubaitis Algimantas $599,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jokubaitis Algimantas $344,100
Previous Owner Jokubaitis Algimantas $372,000
Previous Owner Jokubaitis Algimantas $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2012 08/07/12 Sold $574,000 -8.7% $232 / Sq Ft
07/08/2012 07/08/12 Pending -- -- --
02/04/2012 02/04/12 For Sale $629,000 -- $254 / 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 $8,210 $453,106 -- --
2023 $7,811 $439,909 $0 $0
2022 $7,751 $427,096 $0 $0
2021 $7,720 $414,656 $0 $0
2020 $7,807 $408,931 $0 $0
2019 $7,695 $399,737 $0 $0
2018 $7,335 $392,284 $0 $0
2017 $7,213 $384,215 $0 $0
2016 $7,211 $376,312 $0 $0
2015 $7,363 $373,696 $0 $0
2014 $7,368 $370,730 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R3257495

BeachesMLS

APN: 68-43-42-09-34-000-2043