$125,000
SOLD APR 6, 2020

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

Golden Lakes Neighborhood
2 Beds
2 Baths
866 Sq Ft
$286/mo HOA Fee

Recently Sold

$144 Per Sq Ft

2 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

READY TO MOVE IN 2/2 APARTMENT CONVENIENTLY LOCATED. INVESTORS ARE WELCOME CAN BE RENTED IMMEDIATELY.

Last Agent to Sell the Property

Maritza Vanegas

RE/MAX Excellence License #BK3267344 Listed on: 04/04/2020

RE/MAX Excellence

Last Buyer's Agent

MARITZA VANEGAS

Realty ONE Group Innovation License #3267344

Realty ONE Group Innovation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,909

Year Built

  • Built in 1989

HOA Fees

  • $286 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

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

$1,909

Year Built

Built in 1989

Lot Details

0

HOA Fees

$286 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: PALM BEACH CONDOMINIUM
  • Year Built: 1989
  • Entry Level: 2
  • Year Built Details: Resale
  • Pets No Pets Comments: Other Pet Restrictions:Possible Restrictions
  • Special Features: None

Interior Features

  • Interior Amenities: Family/Dining Room, Tub Shower, 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
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • 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: 286.0
  • 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
  • Association: Yes

Fee Information

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

Lot Info

  • Parcel #: 00424329270265618
  • Zoning Description: RS

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1909.0

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: R10614597

BeachesMLS

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