NOT LISTED FOR SALE

Cove Tower West 123 Lakeshore Dr Unit 2342 North Palm Beach, FL 33408

Estimated Value: $642,000 - $926,000

2 Beds
2 Baths
1,683 Sq Ft
$712/mo HOA Fee

Last Sold March 28, 2014

Last sale price $400,000 $238 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $5,541/month

333 Days on Market

Highlights

  • Lake Front
  • Intracoastal View
  • Home fronts a lagoon or estuary
  • Fitness Center
  • Gated with Attendant
  • Senior Community

About This Home

As of March 2014

THIS IS THE ONE, GREAT VIEWS FROM THIS NE CORNER PENTHOUSE, NEW KITCHEN WITH GRANITE, CABINETS, APPLIANCES, FLOORING, THE FURNITURE IS INCLUDED.IMPACT SLIDING GLASS DOORS. POOL, SPA, SAUNA RIGHT ON THE INTERCOASTAL BRING YOURSELF TO WATER LIVING.

Last Agent to Sell the Property

Daniel Sands

Regnier Real Estate License #3102483 Listed on: 03/29/2013

Last Buyer's Agent

Lee Feely

Illustrated Properties, LLC License #3186370

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,617

Year Built

  • Built in 1980

Lot Details

  • Sprinkler System

HOA Fees

  • $712 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Property Views

Home Design

  • Built-Up Roof

Interior Spaces

  • 1,683 Sq Ft Home
  • Wet Bar
  • Custom Mirrors
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Bar
  • Sliding Windows
  • Entrance Foyer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Heat Strip
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 68434209340002342

Community Details

Overview

  • Senior Community
  • Association fees include cable TV, water
  • 1,053 Units
  • High-Rise Condominium
  • Old Port Cove Tower West Subdivision, Cove Tower West Floorplan
  • 23-Story Property

Amenities

  • Community Storage Space

Recreation

  • Fitness Center
  • Trails

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,617

Year Built

Built in 1980

Lot Details

0

HOA Fees

$712 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: PGA Blvd East to US 1 South to first light. Turn left into OPC.
  • Year Built: 1980
  • Architectural Style: High Rise
  • Unit Levels: Three Or More
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Dual Sinks, Entrance Foyer, Elevator, Garden Tub/Roman Tub, Custom Mirrors, Split Bedrooms, Separate Shower, Bar, Walk-In Closet(s)
  • Furnished: Negotiable
  • 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
  • Window Features: Sliding

Exterior Features

  • Exterior Features: Balcony, Patio
  • View: Intercoastal, Lagoon, Lake, Water
  • Lot Features: Sprinklers Automatic
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Intracoastal Access, Lake Front, Lagoon
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Patio
  • Roof: Built-Up

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Gated with Guard, Fire Sprinkler System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Strip
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 712.0
  • Community Features: Property Manager On-Site, Pool
  • Senior Community: Yes
  • Amenities: Clubhouse, Fitness Center, Management, Pool, Storage, Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Cable TV, Water

Lot Info

  • Parcel #: 68434209340002342
  • Zoning Description: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 6617.0

Multi Family

  • Number Of Units In Community: 1053

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2016
Sold by
Schofield William R
Bought by
Schofield William R and William R Schofild Revocable Trust
Current Estimated Value
$763,351

Purchase Details

Listed on
Mar 29, 2013
Closed on
Mar 28, 2014
Sold by
Turner Richard and Turner Bonnie
Bought by
Schofield William R
Seller's Agent
Daniel Sands
Regnier Real Estate
Buyer's Agent
Lee Feely
Illustrated Properties, LLC
List Price
$525,000
Sold Price
$400,000
Premium/Discount to List
-$125,000
-23.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.83%
Original Mortgage
$320,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2001
Sold by
Northern Jerry L and Northern Deborah A
Bought by
Northern Jerry

Purchase Details

Closed on
Jul 15, 1997
Sold by
Joan James J and Joan Jones
Bought by
Northern Jerry L
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
Schofield William R -- None Available
Schofield William R $400,000 Attorney
Northern Jerry -- --
Northern Jerry L $216,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schofield William R $320,000
Previous Owner Turner Richard $520,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2014 03/28/14 Sold $400,000 -23.8% $238 / Sq Ft
02/26/2014 02/26/14 Pending -- -- --
03/29/2013 03/29/13 For Sale $525,000 -- $312 / 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 $7,798 $432,130 -- --
2023 $7,418 $419,544 $0 $0
2022 $7,359 $407,324 $0 $0
2021 $7,328 $395,460 $0 $0
2020 $7,409 $390,000 $0 $390,000
2019 $8,231 $425,000 $0 $425,000
2018 $7,879 $418,610 $0 $0
2017 $7,749 $410,000 $0 $0
2016 $7,750 $360,000 $0 $0
2015 $7,969 $360,000 $0 $0
2014 $6,831 $305,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Daniel Sands

    Seller's Agent in 2014

    Daniel Sands

    Regnier Real Estate

    (561) 309-3910

    9 in this area

    13 Total Sales

    Section Image

  • L

    Buyer's Agent in 2014

    Lee Feely

    Illustrated Properties, LLC

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About Cove Tower West

Map

Source: BeachesMLS

MLS Number: R3355873

BeachesMLS

APN: 68-43-42-09-34-000-2342

Florida Palm Beach County North Palm Beach 33408

123 Lakeshore Dr Unit 2342, North Palm Beach, FL

This home is located at 123 Lakeshore Dr Unit 2342, North Palm Beach, FL 33408 since 29 March 2013 and is currently estimated at $763,351, approximately $453 per square foot. This property was built in 1980. 123 Lakeshore Dr Unit 2342 is a home located in Palm Beach County with nearby schools including The Conservatory School at North Palm Beach, Palm Beach Gardens Community High School, and The Benjamin Private 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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