NOT LISTED FOR SALE

Palm Lake Condo 1516 S Lakeside Dr Unit 316S Lake Worth, FL 33460

South Palm Park Neighborhood

Estimated Value: $126,000 - $168,363

1 Bed
1 Bath
664 Sq Ft
$330/mo HOA Fee

Last Sold December 06, 2021

Last sale price $90,000 $136 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,332/month

64 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Senior Community
  • Sauna
  • Fitness Center
  • Clubhouse
  • Community Pool

About This Home

As of December 2021

Location, Location, Location!!! This condo is located in the intracoastal community of Palm Lake Condominium. This 3rd floor condo is a 1 bedroom and 1 bathroom, spacious kitchen with updated wood cabinets. The screened and tiled patio has views of the intracoastal. The building has a secure lobby entrance, elevator and laundry facility. This community features sauna, pool and clubhouse on the waterway. A wonderful opportunity for Florida intracoastal living all year or seasonally!!!

Last Agent to Sell the Property

Sandra Hafemann

Sandals Realty Group, Inc. License #3312792 Listed on: 09/02/2021

Last Buyer's Agent

Sandra Hafemann

Sandals Realty Group, Inc. License #3312792 Listed on: 09/02/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $879

Year Built

  • Built in 1973

Lot Details

HOA Fees

  • $330 Monthly HOA Fees

Parking

  • Assigned Parking

Interior Spaces

  • 664 Sq Ft Home
  • 4-Story Property

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Terrazzo

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 38434434150023160

Community Details

Overview

  • Senior Community
  • Association fees include common areas, cable TV, insurance, laundry, maintenance structure, sewer, trash, water
  • Palm Lake 1 Condo Subdivision

Amenities

  • Sauna
  • Clubhouse
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center

Property Details

Home Type

Condominium

Est. Annual Taxes

$879

Year Built

Built in 1973

Lot Details

0

HOA Fees

$330 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I-95 to 6th Ave S exit, go East past Federal Hwy to S Lakeside Drive, turn right going South. Property will be on the left side. 1516 building on the south side.
  • Year Built: 1973
  • Entry Level: 3
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Tub Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Terrazzo
  • Living Area: 664.0
  • Stories: 4

Exterior Features

  • View: Intercoastal
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 330.0
  • Community Features: Clubhouse, Non-Gated, Pool, Sauna
  • Senior Community: Yes
  • Amenities: Clubhouse, Fitness Center, Laundry, Pool, Sauna, Storage, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

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

Lot Info

  • Parcel #: 38434434150023160
  • Zoning Description: SF-7(c

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 879.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2021
Closed on
Dec 3, 2021
Sold by
Kramer Lisa
Bought by
Gandara Adriana F and Gandara Adriana S
Seller's Agent
Sandra Hafemann
Sandals Realty Group, Inc.
Buyer's Agent
Sandra Hafemann
Sandals Realty Group, Inc.
List Price
$115,000
Sold Price
$90,000
Premium/Discount to List
-$25,000
-21.74%
Current Estimated Value
$142,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,341
Avg. Annual Appreciation
11.16%

Purchase Details

Listed on
Nov 7, 2016
Closed on
Mar 8, 2017
Sold by
Fannie Mae
Bought by
Kramer Lisa
Seller's Agent
kathy gross
Nautica Realty
Buyer's Agent
Greg Hark
ACM Real Estate
List Price
$89,900
Sold Price
$63,000
Premium/Discount to List
-$26,900
-29.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.80%
Original Mortgage
$35,500
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2016
Bought by
Kramer Lisa

Purchase Details

Closed on
Jun 13, 2013
Sold by
Brinson Lorraine
Bought by
Brinson Lorraine and The Lorraine Brinson Revocable Trust

Purchase Details

Closed on
May 10, 2005
Sold by
Deitz William
Bought by
Brinson Lorraine and Kress Thomas E

Purchase Details

Closed on
Oct 22, 2004
Sold by
Shelton Franklin E
Bought by
Deitz William
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
Gandara Adriana F $90,000 Trident Title
Kramer Lisa $63,000 Attorneytt
Kramer Lisa $55,100 --
Brinson Lorraine -- Attorney
Brinson Lorraine $142,500 Standard Title Insurance Age
Deitz William $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kramer Lisa $60,000
Previous Owner Kramer Lisa $35,500
Previous Owner Brinson Lorraine $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2021 12/06/21 Sold $90,000 -21.7% $136 / Sq Ft
11/06/2021 11/06/21 Pending -- -- --
09/02/2021 09/02/21 For Sale $115,000 +82.5% $173 / Sq Ft
03/08/2017 03/08/17 Sold $63,000 -29.9% $95 / Sq Ft
02/06/2017 02/06/17 Pending -- -- --
11/07/2016 11/07/16 For Sale $89,900 -- $135 / 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 $2,788 $114,164 -- --
2023 $2,617 $103,785 $0 $0
2022 $2,318 $94,350 $0 $0
2021 $807 $57,000 $0 $57,000
2020 $879 $66,716 $0 $0
2019 $880 $65,216 $0 $0
2018 $847 $64,000 $0 $64,000
2017 $1,656 $64,000 $0 $0
2016 $1,320 $46,200 $0 $0
2015 $1,159 $42,000 $0 $0
2014 $1,100 $39,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sandra Hafemann

    Seller's Agent in 2021

    Sandra Hafemann

    Sandals Realty Group, Inc.

    (561) 704-9545

    2 in this area

    11 Total Sales

    Sandra Hafemann
    Section Image

  • k

    Seller's Agent in 2017

    kathy gross

    Nautica Realty

    (561) 306-4755

    114 Total Sales

    kathy gross
    Section Image

  • G

    Buyer's Agent in 2017

    Greg Hark

    ACM Real Estate

  • G

    Buyer's Agent in 2017

    Greg Hark

    United Realty Group, Inc

    (305) 773-3334

    26 Total Sales

    Greg Hark
    Section Image
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About Palm Lake Condo

Map

Source: BeachesMLS

MLS Number: R10742764

BeachesMLS

APN: 38-43-44-34-15-002-3160

Florida Palm Beach County Lake Worth 33460 South Palm Park

1516 S Lakeside Dr Unit 316S, Lake Worth, FL

This home is located at 1516 S Lakeside Dr Unit 316S, Lake Worth, FL 33460 since 02 September 2021 and is currently estimated at $142,341, approximately $214 per square foot. This property was built in 1973. 1516 S Lakeside Dr Unit 316S 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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