NOT LISTED FOR SALE

Cove Tower West 123 Lakeshore Dr Unit 2245 North Palm Beach, FL 33408

Estimated Value: $660,000 - $977,000

2 Beds
2 Baths
1,683 Sq Ft
$635/mo HOA Fee

Last Sold February 14, 2013

Last sale price $307,014 $182 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $5,756/month

33 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Senior Community
  • Boat Ramp
  • Gated with Attendant
  • Clubhouse

About This Home

As of February 2013

Amazing view from 22nd floor!! View of Ocean, intracoastal and city from wrap around balcony. 55+ community in Old Port cove offers all amenities imaginable! Beautifully updated unit and priced to sell immediately. Come see today! All sizes are approximate.

Last Agent to Sell the Property

Bobac Medalian

Medalian Real Estate & Investm License #3180546 Listed on: 12/12/2012

Last Buyer's Agent

Diana Casper

Illustrated Properties, LLC License #3020583

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,508

Year Built

  • Built in 1980

Lot Details

HOA Fees

  • $635 Monthly HOA Fees

Property Views

  • Golf Course

Interior Spaces

  • 1,683 Sq Ft Home
  • Wet Bar
  • Bar
  • Vaulted Ceiling

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Roman Tub

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • Guest Parking
  • Assigned Parking

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 68434209340002245

Community Details

Overview

  • Senior Community
  • Association fees include common areas, cable TV, insurance, maintenance structure, pool(s), roof, sewer, security, trash, water
  • 1,053 Units
  • Old Port Cove Tower West Subdivision
  • 23-Story Property

Amenities

  • Sauna
  • Community Library
  • Community Storage Space

Recreation

  • Boat Ramp
  • Boating
  • Fitness Center
  • Community Spa
  • Park
  • Trails

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Phone Entry

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,508

Year Built

Built in 1980

Lot Details

0

HOA Fees

$635 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: 1/4 mile south of PGA Blvd on US1 to Old Port Cove
  • Year Built: 1980
  • Special Features: RealEstateOwned

Interior Features

  • Interior Amenities: Wet Bar, Garden Tub/Roman Tub, Pantry, Split Bedrooms, Vaulted Ceiling(s), Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1683.0
  • Stories: 23

Exterior Features

  • View: Golf Course, Intercoastal, Ocean, Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Intracoastal Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block

Garage/Parking

  • Attached Garage: No
  • Garage Yn: Yes
  • Parking Features: Assigned, Detached, Garage, Guest

Utilities

  • Security: Gated with Guard, Phone Entry, Security Guard
  • 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: 635.0
  • Community Features: Boat Facilities, Park, Property Manager On-Site, Pool, Sauna
  • Senior Community: Yes
  • Amenities: Clubhouse, Fitness Center, Library, Management, Pool, Sauna, Spa/Hot Tub, Storage, Trail(s), Trash
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Structure, Pool(s), Roof, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 68434209340002245
  • Zoning Description: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 6508.0

Multi Family

  • Number Of Units In Community: 1053

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2019
Sold by
Amerino Donna and Reale Donna Amerino
Bought by
Donna Amerino Reale Revocable Trust
Current Estimated Value
$761,511

Purchase Details

Listed on
Dec 12, 2012
Closed on
Feb 7, 2013
Sold by
Us Bank National Association
Bought by
Amerino Donna
Seller's Agent
Bobac Medalian
Medalian Real Estate & Investm
Buyer's Agent
Diana Casper
Illustrated Properties, LLC
List Price
$299,900
Sold Price
$307,014
Premium/Discount to List
$7,114
2.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.44%

Purchase Details

Closed on
Sep 12, 2011
Sold by
Deluca Gary
Bought by
Us Bank National Association

Purchase Details

Closed on
Jan 18, 2005
Sold by
Burke Jack and Burke Jean
Bought by
Deluca Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
6.22%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 26, 2003
Sold by
Solnick Stanley and Solnick Ethel
Bought by
Burke Jack and Burke Jean

Purchase Details

Closed on
Jan 3, 2002
Sold by
Solnick Ethel and Solnick Stanley
Bought by
Solnick Stanley

Purchase Details

Closed on
May 3, 1999
Sold by
Miller William H and Miller Anne M
Bought by
Solnick Ethel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,900
Interest Rate
7.06%
Mortgage Type
New Conventional
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
Donna Amerino Reale Revocable Trust -- Attorney
Amerino Donna $307,014 None Available
Us Bank National Association $220,700 None Available
Deluca Gary $580,000 None Available
Burke Jack $369,000 Sunbelt Title Agency
Solnick Stanley -- --
Solnick Ethel $209,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Deluca Gary $464,000
Previous Owner Burke Jack $296,000
Previous Owner Burke Jack $167,500
Previous Owner Solnick Ethel $139,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2013 02/14/13 Sold $307,014 +2.4% $182 / Sq Ft
01/15/2013 01/15/13 Pending -- -- --
12/12/2012 12/12/12 For Sale $299,900 -- $178 / 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 $11,414 $534,397 -- --
2023 $10,612 $485,815 $0 $0
2022 $9,509 $441,650 $0 $0
2021 $8,701 $460,000 $0 $460,000
2020 $7,759 $365,000 $0 $365,000
2019 $8,582 $400,000 $0 $400,000
2018 $8,297 $400,000 $0 $400,000
2017 $7,740 $385,000 $0 $0
2016 $7,066 $326,700 $0 $0
2015 $6,727 $297,000 $0 $0
2014 -- $270,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R3331076

BeachesMLS

APN: 68-43-42-09-34-000-2245