$115,000
SOLD JUN 26, 2019

Palm Lake Condo 1516 S Lakeside Dr Unit 214S Lake Worth, FL 33460

South Palm Park Neighborhood
2 Beds
2 Baths
1,010 Sq Ft
$348/mo HOA Fee

Recently Sold

$114 Per Sq Ft

12% Below List Price

29 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Senior Community
  • Great Room
  • Fitness Center
  • Clubhouse
  • Screened Porch

About This Home

As of March 2024

Lake Worth's best kept waterfront secret! Intracoastal-front 55+ condo complex tucked away at the south end of Lakeside Drive. Quick drive over the Lantana Bridge to South Palm Beach and minutes from Downtown Lake Worth. Close to everything yet not in the middle of the hustle bustle. Well kept in-house managed complex with newly renovated hallways and lobby. This 2-Bedroom 2-Bath unit has fresh paint and new carpet ready for it's new owner As-Is. No pet building. No leasing for first 2 years of ownership. Great view of enormous and famous Banyan Tree and Intracoastal Waterway.

Last Agent to Sell the Property

Frank Giacomelli

Palm Beach Brokers Group, Inc License #3060835 Listed on: 04/27/2019

Palm Beach Brokers Group, Inc

Last Buyer's Agent

Frank Giacomelli

Palm Beach Brokers Group, Inc License #3060835 Listed on: 04/27/2019

Palm Beach Brokers Group, Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $551

Year Built

  • Built in 1973

Lot Details

  • North Facing Home

HOA Fees

  • $348 Monthly HOA Fees

Property Views

  • Garden

Interior Spaces

  • 1,010 Sq Ft Home
  • 4-Story Property
  • Blinds
  • Great Room
  • Combination Dining and Living Room
  • Screened Porch

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Stacked Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 38434434150022140

Community Details

Overview

  • Senior Community
  • Association fees include common areas, cable TV, insurance, laundry, ground maintenance, maintenance structure, pest control, sewer, trash, water
  • High-Rise Condominium
  • Palm Lake 1 Condo Subdivision

Amenities

  • Clubhouse
  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center

Security

  • Resident Manager or Management On Site
  • Phone Entry

Property Details

Home Type

Condominium

Est. Annual Taxes

$551

Year Built

Built in 1973

Lot Details

0

HOA Fees

$348 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: South Lakeside Drive between 15th Ave South and 16th Ave South
  • Year Built: 1973
  • Architectural Style: High Rise
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Eat-in Kitchen, Living/Dining Room, Stacked Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile, Vinyl
  • Living Area: 1010.0
  • Dining Room Type: Great Room
  • Stories: 4
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Balcony
  • View: Garden, Intercoastal
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Balcony, Screened
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

  • Security: Phone Entry
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 348.0
  • Community Features: Clubhouse, Property Manager On-Site, Pool
  • Senior Community: Yes
  • Amenities: Clubhouse, Fitness Center, Management, Pool, Storage, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional, No

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Laundry, Maintenance Grounds, Maintenance Structure, Pest Control, Sewer, Trash, Water

Lot Info

  • Parcel #: 38434434150022140
  • Zoning Description: SF-7(c

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 551.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2023
Closed on
Mar 18, 2024
Sold by
Labarbera Benedetto and Labarbera Daniel
Bought by
Bruce Decock Revocable Trust and Decock
Seller's Agent
Rob Ulan
RE/MAX Prestige Realty/LW
Buyer's Agent
Rob Ulan
RE/MAX Prestige Realty/LW
List Price
$240,000
Sold Price
$220,000
Premium/Discount to List
-$20,000
-8.33%
Total Days on Market
29
Views
70
Current Estimated Value
$225,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,112
Avg. Annual Appreciation
1.93%

Purchase Details

Listed on
Apr 27, 2019
Closed on
Jun 26, 2019
Sold by
Giacomelli Frank
Bought by
Labarbera Benedetto
Seller's Agent
Frank Giacomelli
Palm Beach Brokers Group, Inc
Buyer's Agent
Frank Giacomelli
Palm Beach Brokers Group, Inc
List Price
$130,000
Sold Price
$115,000
Premium/Discount to List
-$15,000
-11.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.70%

Purchase Details

Closed on
Nov 15, 2018
Sold by
Garbarino Madeleine T and Kubes Madeleine G
Bought by
Garbarino Madeleine T and The Madeleine T Garbarino Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2002
Sold by
Shoemaker Mary M
Bought by
Kubes Madeleine G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,250
Interest Rate
5.95%
Source: Public Records

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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 $220,000 Secure Title Services
Deed $115,000 First American Title Ins Co
Interfamily Deed Transfer -- None Available
Warranty Deed $70,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $84,000 New Conventional
Previous Owner $51,250 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2024 03/18/24 Sold $220,000 -2.2% $218 / Sq Ft
02/20/2024 02/20/24 Pending -- -- --
01/18/2024 01/18/24 Price Changed $225,000 -6.3% $223 / Sq Ft
11/17/2023 11/17/23 For Sale $240,000 +108.7% $238 / Sq Ft
06/26/2019 06/26/19 Sold $115,000 -11.5% $114 / Sq Ft
05/27/2019 05/27/19 Pending -- -- --
04/27/2019 04/27/19 For Sale $130,000 -- $129 / 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 $3,989 $170,100 -- --
2023 $4,081 $175,100 $0 $175,100
2022 $1,779 $113,403 $0 $0
2021 $1,752 $110,100 $0 $110,100
2020 $2,121 $125,221 $0 $0
2019 $581 $42,007 $0 $0
2018 $551 $41,224 $0 $0
2017 $530 $40,376 $0 $0
2016 $505 $39,546 $0 $0
2015 $508 $39,271 $0 $0
2014 $506 $38,959 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rob Ulan

    Seller's Agent in 2024

    Rob Ulan

    RE/MAX

    (561) 789-7110

    3 in this area

    13 Total Sales

    Rob Ulan
    Section Image

  • F

    Seller's Agent in 2019

    Frank Giacomelli

    Palm Beach Brokers Group, Inc

    43 Total Sales

    Frank Giacomelli
    Section Image
See All Agents

About Palm Lake Condo

Map

Source: BeachesMLS

MLS Number: R10525527

BeachesMLS

APN: 38-43-44-34-15-002-2140

Florida Palm Beach County Lake Worth 33460 South Palm Park

1516 S Lakeside Dr Unit 214S, Lake Worth, FL

This home is located at 1516 S Lakeside Dr Unit 214S, Lake Worth, FL 33460 and is currently priced at $115,000, approximately $113 per square foot. This property was built in 1973. 1516 S Lakeside Dr Unit 214S is a home located in Palm Beach County with nearby schools including Barton 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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