NOT LISTED FOR SALE

1618 Twelve Oaks Way Unit 302 North Palm Beach, FL 33408

Estimated Value: $410,349 - $702,000

2 Beds
2 Baths
1,492 Sq Ft
$697/mo HOA Fee

Last Sold March 22, 2012

Last sale price $225,000 $151 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $4,086/month

102 Days on Market

Highlights

  • Boat Ramp
  • Fitness Center
  • Clubhouse
  • Property fronts an intracoastal waterway
  • Gated with Attendant
  • Recreation Room

About This Home

As of March 2012

Beautifully renovated (2010) waterfront unit with vaulted ceilings and spacious floorplan. Bring your fussiest clients. This light, bright and airy unit features tile floors throughout. Water views from every room! Spacious Master BR/BA has walk in closet. Kitchen features stainless appliances, granite counters. 2nd bedroom is nicely sized and has sliding doors to balcony. Oversized balcony features glass sliders - which convert area to indoor living. Don't miss this one! Boating, tennis and gorgeous pool overlooking wide Intracoastal. Twelve Oaks is a fabulous place to live, in one of North County's best locations. Minutes to world class beaches, shopping, dining, golf, spa and cultural venues. 15 minutes to Palm Beach International airport and Island... (see supplement for full remarks

Last Agent to Sell the Property

Jennifer Hyland

The Corcoran Group License #3060273 Listed on: 11/10/2011

The Corcoran Group

Last Buyer's Agent

Robert J

Illustrated Properties LLC (Co License #0517206

Illustrated Properties LLC (Co

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,750

Year Built

  • Built in 1983

Lot Details

  • Property fronts an intracoastal waterway

HOA Fees

  • $697 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Tar and Gravel Roof

Interior Spaces

  • 1,492 Sq Ft Home
  • 3-Story Property
  • Furnished or left unfurnished upon request
  • Vaulted Ceiling
  • Sliding Windows
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Recreation Room
  • Sun or Florida Room
  • Screened Porch
  • Ceramic Tile Flooring
  • Intracoastal Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 68434204190050302

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, ground maintenance, maintenance structure, parking, pool(s), security, trash
  • 196 Units
  • Twelve Oaks Condo Ph 01 Subdivision

Amenities

  • Clubhouse
  • Community Library
  • Elevator

Recreation

  • Boat Ramp
  • Boating
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,750

Year Built

Built in 1983

Lot Details

0

HOA Fees

$697 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: PGA Blvd. East of US 1, 1st Right into Twelve Oaks Gate
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Interior Amenities: Entrance Foyer, Living/Dining Room, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Negotiable
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 1492.0
  • Dining Room Type: Family Room, Florida Room, Porch, Recreation
  • Stories: 3
  • Window Features: Sliding

Exterior Features

  • Exterior Features: Balcony, Patio
  • View: Intercoastal
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Glass Enclosed, Patio, Porch, Screened
  • Roof: Tar/Gravel

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Security: Gated with Guard, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association Fee: 697.0
  • Community Features: Boat Facilities, Property Manager On-Site, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Library, Management, Pool, Spa/Hot Tub, Tennis Court(s), Elevator(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Pool(s), Security, Trash

Lot Info

  • Parcel #: 68434204190050302
  • Zoning Description: R
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 1750.0

Multi Family

  • Number Of Units In Community: 196

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2011
Closed on
Mar 22, 2012
Sold by
Travers Lawrence Joseph and Travers Petra
Bought by
Zegel Douglas M
Seller's Agent
Jennifer Hyland
The Corcoran Group
Buyer's Agent
Robert J
Illustrated Properties LLC (Co
List Price
$294,900
Sold Price
$225,000
Premium/Discount to List
-$69,900
-23.7%
Current Estimated Value
$542,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,587
Avg. Annual Appreciation
6.71%
Original Mortgage
$157,500
Outstanding Balance
$108,295
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$434,292

Purchase Details

Closed on
Apr 28, 2010
Sold by
Lawson Edward C and Condon Barbara A
Bought by
Travers Lawrence Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 1994
Sold by
Lawson Angelina and Lawson Edward M
Bought by
Lawson Angelina A and Lawson Edward C
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
Zegel Douglas M $225,000 Multiple
Travers Lawrence Joseph $190,000 Sunbelt Title Agency
Lawson Angelina A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zegel Douglas M $157,500
Previous Owner Travers Lawrence Joseph $133,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2012 03/22/12 Sold $225,000 -23.7% $151 / Sq Ft
02/21/2012 02/21/12 Pending -- -- --
11/10/2011 11/10/11 For Sale $294,900 -- $198 / 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 $6,007 $266,580 -- --
2023 $5,611 $242,345 $0 $0
2022 $4,844 $220,314 $0 $0
2021 $4,198 $200,285 $0 $200,285
2020 $4,301 $200,285 $0 $200,285
2019 $4,819 $222,600 $0 $222,600
2018 $4,284 $202,600 $0 $202,600
2017 $4,309 $202,600 $0 $0
2016 $4,723 $217,600 $0 $0
2015 $4,804 $214,060 $0 $0
2014 $4,395 $194,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R3239014

BeachesMLS

APN: 68-43-42-04-19-005-0302