NOT LISTED FOR SALE

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

Golden Lakes Neighborhood

Estimated Value: $217,478 - $260,000

3 Beds
2 Baths
1,156 Sq Ft
$350/mo HOA Fee

Last Sold January 14, 2021

Last sale price $154,000 $133 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,900/month

26 Days on Market

Highlights

  • Gated Community
  • Community Pool
  • Walk-In Closet
  • Clubhouse
  • Tennis Courts
  • Breakfast Bar

About This Home

As of January 2021

AFFORDABLE 3/2 CONDO!!! IDEAL FOR INVESTOR OR PRIMARY RESIDENCE. Very nice 2nd floor unit with spacious open kitchen. Granite counter tops, honey maple wood cabinets and stainless steel appliances. Bar height snack counter. Split bedroom plan. Full size W/D in unit. Brand new vinyl plank flooring in bedrooms. 18'' neutral beige ceramic tile in living room, kitchen and hallway. Interior just painted. Covered balcony. Large master bedroom with walk in closet. Both bathrooms have granite counter top vanities. Close to good schools. Benoist Farms Elementary located next door to community. Desirable investment property. Renting for $1650 month and can rent out immediately. EZ and fast approval process. Dogs permitted. No aggressive breeds (pit bill etc). 30 lb weight limit

Last Agent to Sell the Property

Jeffrey Auer

RE/MAX Direct License #SL418353 Listed on: 11/18/2020

RE/MAX Direct

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,091

Year Built

  • Built in 1989

Lot Details

  • 1

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Frame Construction

Interior Spaces

  • 1,156 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Sliding Windows
  • Combination Dining and Living Room

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • Guest Parking
  • Open Parking
  • Assigned Parking

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00424329270265617

Community Details

Overview

  • Association fees include cable TV, ground maintenance, maintenance structure, water
  • Palm Beach Place Condo Subdivision

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,091

Year Built

Built in 1989

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Belvedere Rd west of turnpike. N on Benoist Farms Rd. Left on 2nd Winorah Way entrance, Rt on Balfour Point Dr
  • Year Built: 1989
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Living/Dining Room, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile, Vinyl
  • Living Area: 1156.0
  • Stories: 2
  • Window Features: Blinds, Sliding

Exterior Features

  • Exterior Features: TV Antenna
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Disclosures: Deed Restriction
  • Construction Type: Block, Frame
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 350.0
  • Community Features: Clubhouse, Gated, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Cable TV, Maintenance Grounds, Maintenance Structure, Water

Lot Info

  • Parcel #: 00424329270265617
  • Zoning Description: multi

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2091.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2020
Closed on
Jan 14, 2021
Sold by
Wang Fei
Bought by
Imery Gilberto and Tamayo Tatiana Maria
Seller's Agent
Jeffrey Auer
RE/MAX Direct
List Price
$152,000
Sold Price
$154,000
Premium/Discount to List
$2,000
1.32%
Current Estimated Value
$238,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,870
Avg. Annual Appreciation
9.79%
Original Mortgage
$99,400
Outstanding Balance
$88,715
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$150,155

Purchase Details

Closed on
Oct 18, 2016
Sold by
Rachel Windsor
Bought by
Hidalgo Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
3.47%

Purchase Details

Closed on
Jul 18, 2016
Sold by
Sayles Ernest Robnert
Bought by
Wang Fei

Purchase Details

Listed on
Feb 27, 2015
Closed on
Jul 23, 2015
Sold by
Sayles Ernest Robert
Bought by
Sayles Ernest Robert
Seller's Agent
Keith Bettenhausen
W1 Real Estate Inc
Buyer's Agent
Jeffrey Auer
RE/MAX Direct
List Price
$77,900
Sold Price
$80,000
Premium/Discount to List
$2,100
2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.23%

Purchase Details

Listed on
Feb 27, 2015
Closed on
May 28, 2015
Sold by
Bank Of America Na
Bought by
Sayles Ernest Robert
Seller's Agent
Keith Bettenhausen
W1 Real Estate Inc
Buyer's Agent
Jeffrey Auer
RE/MAX Direct
List Price
$77,900
Sold Price
$80,000
Premium/Discount to List
$2,100
2.7%

Purchase Details

Closed on
Jan 21, 2015
Sold by
The Secretary Of Veterans Affairs
Bought by
Bank Of America Na

Purchase Details

Closed on
Sep 24, 2014
Sold by
Bank Of America Na
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Jul 30, 2014
Sold by
Lovett Desmond S
Bought by
Bank Of America Na

Purchase Details

Closed on
Apr 15, 2011
Sold by
Lovett Desmond S and Lovett Tanganeeka L
Bought by
Palm Beach Place Condominium Association

Purchase Details

Closed on
Feb 28, 2008
Sold by
Kings Lake Crystal Development Ii Llc
Bought by
Lovett Desmond S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,644
Interest Rate
5.46%
Mortgage Type
VA
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
Imery Gilberto $154,000 Florida Title Partners
Imery Gilberto $154,000 Florida Title
Hidalgo Ronald -- --
Wang Fei -- None Available
Sayles Ernest Robert -- None Available
Sayles Ernest Robert $80,000 Stewart Title Company
Bank Of America Na -- Attorney
Secretary Of Veterans Affairs -- Attorney
Bank Of America Na -- None Available
Palm Beach Place Condominium Association -- None Available
Lovett Desmond S $169,990 Enterprise Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Imery Gilberto $99,400
Closed Imery Gilberto $99,400
Previous Owner Hidalgo Ronald $67,500
Previous Owner Hidalgo Ronald --
Previous Owner Lovett Desmond S $173,644
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2021 01/14/21 Sold $154,000 +1.3% $133 / Sq Ft
12/15/2020 12/15/20 Pending -- -- --
11/18/2020 11/18/20 For Sale $152,000 +90.0% $131 / Sq Ft
06/18/2015 06/18/15 Sold $80,000 +2.7% $73 / Sq Ft
05/19/2015 05/19/15 Pending -- -- --
02/27/2015 02/27/15 For Sale $77,900 -- $71 / 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 $3,393 $179,322 -- --
2023 $3,119 $163,020 $0 $0
2022 $2,794 $148,200 $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 $1,738 $81,000 $0 $0
2014 $1,415 $58,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10672202

BeachesMLS

APN: 00-42-43-29-27-026-5617