$74,000
SOLD MAY 25, 2016

1581 Balfour Point Dr Unit H West Palm Beach, FL 33411

Golden Lakes Neighborhood
2 Beds
1 Bath
857 Sq Ft
$227/mo HOA Fee

Recently Sold

$86 Per Sq Ft

18% Below List Price

48 Days on Market

Highlights

  • Clubhouse
  • Tennis Courts
  • Ceramic Tile Flooring
  • Community Pool
  • Patio
  • Central Heating and Cooling System

About This Home

As of May 2016

Fantastic opportunity for INVESTORS. Well maintained unit with a long term tenant in place. Unit is currently rented until Jan 2017 at $970.00 per month.

Last Agent to Sell the Property

Tanya Warner Fidelity Broker

Welcome Home Realty Of The Palm Beaches LLC License #3136249 Listed on: 03/07/2016

Welcome Home Realty Of The Palm Beaches LLC

Last Buyer's Agent

Tanya Warner Fidelity Broker

Welcome Home Realty Of The Palm Beaches LLC License #3136249 Listed on: 03/07/2016

Welcome Home Realty Of The Palm Beaches LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,170

Year Built

  • Built in 1989

HOA Fees

  • $227 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 857 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Range
  • Microwave
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Patio
  • Northwest Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 00424329270285818

Community Details

Overview

  • Palm Beach Place Condo Bl Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,170

Year Built

Built in 1989

Lot Details

0

HOA Fees

$227 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Head SW on Benoist Farms Rd. toward Lake Crystal Dr. Turn right on Windorah Way, continue straight to reach Balfour Point.
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Interior Amenities: Split Bedrooms
  • Furnished: Unfurnished
  • Appliances: Dryer, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 857.0
  • Stories: 2

Exterior Features

  • Exterior Features: Patio
  • Pool Features: None, Community
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: Northwest
  • Patio And Porch Features: Patio
  • Roof: Spanish Tile, Tile

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 227.0
  • Community Features: Clubhouse, Pool, Tennis Court(s)
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 00424329270285818
  • Zoning Description: RES

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1170.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2016
Closed on
May 23, 2016
Sold by
Malek Fereshteh H
Bought by
Nachval Corp
Seller's Agent
Tanya Warner Fidelity Broker
Welcome Home Realty Of The Palm Beaches LLC
Buyer's Agent
Tanya Warner Fidelity Broker
Welcome Home Realty Of The Palm Beaches LLC
List Price
$90,000
Sold Price
$74,000
Premium/Discount to List
-$16,000
-17.78%
Current Estimated Value
$182,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,300
Avg. Annual Appreciation
10.88%

Purchase Details

Closed on
Mar 13, 2014
Sold by
Harris Adriana
Bought by
Bencosme Luis

Purchase Details

Closed on
Nov 20, 2009
Sold by
Ortiz Solache Carlos and Ortiz Marin Giovanna S
Bought by
Malek Fereshteh H

Purchase Details

Closed on
Jul 3, 2007
Sold by
Kings Lake Crystal Development Ii Llc
Bought by
Solache Carlos and Marin Giovanna S Ortiz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,950
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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 $74,000 Nationwide Land Title Inc
Warranty Deed $71,000 Harbor Land Title Llc
Warranty Deed $46,000 Nationwide Land Title Inc
Special Warranty Deed $149,990 Enterprise Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $119,950 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2024 01/08/24 Rented $1,700 0.0% --
12/24/2023 12/24/23 Under Contract -- -- --
11/17/2023 11/17/23 Price Changed $1,700 -2.9% $2 / Sq Ft
09/14/2023 09/14/23 For Rent $1,750 +47.1% --
08/01/2020 08/01/20 Rented $1,190 0.0% --
07/25/2020 07/25/20 Under Contract -- -- --
06/19/2020 06/19/20 For Rent $1,190 -0.8% --
08/01/2018 08/01/18 Rented $1,200 0.0% --
06/14/2018 06/14/18 For Rent $1,200 0.0% --
05/25/2016 05/25/16 Sold $74,000 -17.8% $86 / Sq Ft
04/25/2016 04/25/16 Pending -- -- --
03/07/2016 03/07/16 For Sale $90,000 -- $105 / 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 $2,628 $129,107 -- --
2023 $2,393 $117,370 $0 $0
2022 $2,254 $106,700 $0 $0
2021 $1,962 $97,000 $0 $97,000
2020 $1,886 $92,000 $0 $92,000
2019 $1,784 $87,000 $0 $87,000
2018 $1,566 $76,000 $0 $76,000
2017 $1,514 $73,000 $0 $0
2016 $1,211 $46,851 $0 $0
2015 $1,170 $42,592 $0 $0
2014 $1,047 $38,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10214514

BeachesMLS

APN: 00-42-43-29-27-028-5818