NOT LISTED FOR SALE

1561 Balfour Point Dr Unit F West Palm Beach, FL 33411

Golden Lakes Neighborhood

Estimated Value: $201,000 - $246,000

3 Beds
2 Baths
1,156 Sq Ft
1 Acres

Last Sold October 23, 2015

Last sale price $80,100 $69 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $1,443/month

Highlights

  • Fitness Center
  • Gated Community
  • No HOA
  • Outdoor Pool
  • Clubhouse
  • Tennis Courts

About This Home

As of August 2024

3 bed / 2 bath condo located on the second floor of the desireable community of Palm Beach Place. Upgraded kitchen and bathrooms with wood cabinets and granite countertops. The community features resort style swimming pool, tennis courts, and clubhouse.

Last Agent to Rent the Property

Vanessa Valdes

HDZ Realty License #3190697 Listed on: 05/21/2024

Last Renter's Agent

Javier Ingar

Gilvan Realty Corp. License #3175352

Gilvan Realty Corp.

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,092

Year Built

  • Built in 1989

Lot Details

  • 1

Home Design

  • Garden Apartment
  • Entry on the 2nd floor

Interior Spaces

  • 1,156 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Guest Parking
  • Assigned Parking

Schools

  • Benoist Farms Elementary School
  • Jeaga Middle School
  • Royal Palm Beach High School

Additional Features

  • Outdoor Pool
  • Central Air

Listing and Financial Details

  • Property Available on 6/1/24
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 00424329270265616

Community Details

Overview

  • No Home Owners Association
  • Palm Beach Place Condo
  • Palm Beach Place Condo Subdivision
  • Maintained Community
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Security Service
  • Gated Community
  • Complex Is Fenced

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,092

Year Built

Built in 1989

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Available Date: 2024-06-01
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1989
  • Property Sub Type: Condominium
  • Architectural Style: Second Floor Entry, Garden Apartment
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • Lease Assignable: No
  • Unit Levels: 1
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: PALM BEACH PLACE CONDO
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Second Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Furnished: Unfurnished
  • Living Area: 1156
  • Stories: 2

Exterior Features

  • Pool Features: Community
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: PALM BEACH PLACE CONDO
  • Parking Features: Assigned, Guest, Limited # Of Vehicle, No Rv/Boats, No Trucks/Trailers

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Security: Complex Fenced, Security Patrol

Condo/Co-op/Association

  • Association: No
  • Community Features: Clubhouse, Pool, Tennis Court(s), Exercise Room, Gated Community, Maintained Community, Paved Road, Security Patrol, Sidewalks

Schools

  • Elementary School: Benoist Farms
  • High School: Royal Palm Beach
  • Middle Or Junior School: Jeaga

Lot Info

  • Parcel Number: 00424329270265616
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: RS
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2015
Closed on
Oct 21, 2015
Sold by
Bayview Loan Servicing Llc
Bought by
Manmali Llc
Seller's Agent
Debra Grogis
Partnership Realty Inc.
List Price
$90,900
Sold Price
$80,100
Premium/Discount to List
-$10,800
-11.88%
Current Estimated Value
$223,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,547
Avg. Annual Appreciation
10.87%

Purchase Details

Closed on
Aug 21, 2015
Sold by
Myers Katrina J and Arnold Samuel
Bought by
Bayview Loan Servicing Llc

Purchase Details

Closed on
Jan 16, 2015
Sold by
Myers Katrina J and Arnold Samuel
Bought by
Palm Beach Place Condominium Association

Purchase Details

Closed on
Mar 31, 2008
Sold by
Kings Lake Crystal Development Ii Llc
Bought by
Myers Katrina J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,363
Interest Rate
5.97%
Mortgage Type
FHA
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
Manmali Llc $80,100 Attorney
Bayview Loan Servicing Llc $50,200 None Available
Palm Beach Place Condominium Association -- None Available
Myers Katrina J $169,990 Enterprise Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Myers Katrina J $167,363
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2024 08/01/24 Rented $2,150 0.0% --
07/10/2024 07/10/24 Price Changed $2,150 -2.3% $2 / Sq Ft
06/26/2024 06/26/24 Price Changed $2,200 -2.2% $2 / Sq Ft
05/24/2024 05/24/24 For Rent $2,250 0.0% --
10/23/2015 10/23/15 Sold $80,100 -11.9% $73 / Sq Ft
09/23/2015 09/23/15 Pending -- -- --
07/22/2015 07/22/15 For Sale $90,900 -- $83 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $3,092 $149,072 -- --
2023 $2,845 $135,520 $0 $0
2022 $2,536 $123,200 $0 $0
2021 $2,223 $112,000 $0 $112,000
2020 $2,149 $107,000 $0 $107,000
2019 $2,092 $104,000 $0 $104,000
2018 $1,842 $92,000 $0 $92,000
2017 $1,855 $92,500 $0 $0
2016 $1,762 $85,000 $0 $0
2015 $1,694 $77,000 $0 $0
2014 $1,549 $70,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11591794

MIAMI REALTORS® MLS

APN: 00-42-43-29-27-026-5616