$92,500
SOLD OCT 14, 2016

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

Golden Lakes Neighborhood
2 Beds
2 Baths
866 Sq Ft
$240/mo HOA Fee

Recently Sold

$107 Per Sq Ft

12% Below List Price

30 Days on Market

Highlights

  • Clubhouse
  • Community Pool
  • Walk-In Closet
  • Garden View
  • Tennis Courts
  • Resident Manager or Management On Site

About This Home

As of April 2020

Very Clean 2/2 Corner Unit on 2nd Floor. Unit has crown molding throughout, Kitchen has Samsung Stainless Steel Appliances including a 4 drawer Refrigerator, granite counter tops, Raised paneled cabinet doors throughout. Master Bedroom has 2 large closets, one is a walk in. Kenmore Elite HE washer & dryer in unit. Both Bathrooms have granite vanities and updated Kohler Toilets.

Last Agent to Sell the Property

Pamela Seals

Illustrated Properties LLC (Co License #3151297 Listed on: 08/14/2016

Illustrated Properties LLC (Co

Last Buyer's Agent

Maritza Vanegas

RE/MAX Excellence License #BK3267344

RE/MAX Excellence

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,237

Year Built

  • Built in 1989

HOA Fees

  • $240 Monthly HOA Fees

Interior Spaces

  • 866 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Family Room
  • Florida or Dining Combination
  • Ceramic Tile Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Open Parking
  • Assigned Parking

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00424329270265618

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, maintenance structure, sewer, trash, water
  • Palm Beach Place Condo Subdivision

Recreation

  • Tennis Courts
  • Community Pool
  • Trails

Additional Features

  • Clubhouse
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,237

Year Built

Built in 1989

Lot Details

0

HOA Fees

$240 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Okeechobee Blvd to Benoist Farms Rd, turn Left to Palm Beach Place Condo
  • Year Built: 1989
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Family/Dining Room, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 866.0
  • Dining Room Type: Family Room, Laundry
  • Stories: 2
  • Window Features: Blinds

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s), 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: 240.0
  • Community Features: Clubhouse, Property Manager On-Site, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Management, Pool, Tennis Court(s), Trail(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Trash, Water

Lot Info

  • Parcel #: 00424329270265618
  • Zoning Description: RS
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1237.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2020
Closed on
Apr 3, 2020
Sold by
Hidalgo Ronald S Martinez
Bought by
Ajga Llc
Seller's Agent
Maritza Vanegas
RE/MAX Excellence
Buyer's Agent
Maritza Vanegas
RE/MAX Excellence
List Price
$125,000
Sold Price
$125,000
Current Estimated Value
$201,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,717
Avg. Annual Appreciation
9.11%

Purchase Details

Listed on
Aug 14, 2016
Closed on
Oct 12, 2016
Sold by
Windsor Nichlas Allen and Windsor Rachel
Bought by
Martinez Ranald S
Seller's Agent
Pamela Seals
Illustrated Properties LLC (Co
Buyer's Agent
Maritza Vanegas
RE/MAX Excellence
List Price
$105,000
Sold Price
$92,500
Premium/Discount to List
-$12,500
-11.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.04%
Original Mortgage
$67,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2007
Sold by
Kings Lake Crystal Development Ii Llc
Bought by
Windsor Nicholas Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,950
Interest Rate
6.63%
Mortgage Type
Unknown
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 Type Sale Price Title Company
Warranty Deed $125,000 Priority Title Inc
Warranty Deed $92,500 The Title Network Inc
Special Warranty Deed $161,990 Enterprise Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $67,500 New Conventional
Previous Owner $161,950 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2023 08/20/23 Under Contract -- -- --
08/19/2023 08/19/23 Rented $1,900 0.0% --
08/11/2023 08/11/23 Price Changed $1,900 -1.3% $2 / Sq Ft
06/28/2023 06/28/23 For Rent $1,925 +48.1% --
07/31/2020 07/31/20 Rented $1,300 0.0% --
07/01/2020 07/01/20 Under Contract -- -- --
04/11/2020 04/11/20 For Rent $1,300 0.0% --
04/06/2020 04/06/20 Sold $125,000 0.0% $144 / Sq Ft
04/04/2020 04/04/20 For Sale $125,000 +35.1% $144 / Sq Ft
10/14/2016 10/14/16 Sold $92,500 -11.9% $107 / Sq Ft
09/14/2016 09/14/16 Pending -- -- --
08/14/2016 08/14/16 For Sale $105,000 -- $121 / 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 $2,803 $138,424 -- --
2023 $2,561 $125,840 $0 $0
2022 $2,356 $114,400 $0 $0
2021 $2,084 $104,000 $0 $104,000
2020 $2,009 $99,000 $0 $99,000
2019 $1,910 $94,000 $0 $94,000
2018 $1,678 $82,500 $0 $82,500
2017 $1,557 $75,500 $0 $0
2016 $817 $69,000 $0 $0
2015 $1,237 $46,585 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10258956

BeachesMLS

APN: 00-42-43-29-27-026-5618