$115,000
SOLD JUN 20, 2018

1641 Balfour Point Dr Unit B West Palm Beach, FL 33411

Golden Lakes Neighborhood
2 Beds
2 Baths
864 Sq Ft
$310/mo HOA Fee

Recently Sold

$133 Per Sq Ft

7 Days on Market

Highlights

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

About This Home

As of June 2018

Talk about a great location. This 2 bedroom 2 bath condo unit is located on the first floor is centrally located to everything. The HOA includes water for an extra added bonus. This is truly a great opportunity to own your own place and pay less than rent.

Last Listed By

Marcelo Olsak

Florida Brokers Real Estate License #3058500 Listed on: 05/10/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,533

Year Built

  • Built in 1989

HOA Fees

  • $310 Monthly HOA Fees

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 864 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Parking

  • Driveway
  • Open Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 00424329270296412

Community Details

Overview

  • Palm Beach Place Condo
  • Palm Beach Place Condo Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Breed Restrictions

Building Details

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,533

Year Built

Built in 1989

Lot Details

0

HOA Fees

$310 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1989
  • Property Sub Type: Condominium
  • Directions: OKEECHOBEE WEST TO BENOIST FARMS DRIVE THEN SOUTH TO PALM BEACH PLACE
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: PALM BEACH PLACE CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Interior Amenities: Split Bedroom, No Additional Rooms
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 864
  • Possible Use: Investment
  • Stories: 2
  • Bedroom Features: Entry Level
  • Living Room Features: No Additional Rooms

Exterior Features

  • View: None
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: PALM BEACH PLACE CONDO
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Other

Condo/Co-op/Association

  • Association Fee: 310
  • Amenities: Clubhouse-Clubroom, Exercise Room, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 00424329270296412
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 310

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1533

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2018
Closed on
Jun 20, 2018
Sold by
Florida Foreclosure Management Llc
Bought by
Lopez Haydee Liz Rivera
Seller's Agent
Marcelo Olsak
Florida Brokers Real Estate
List Price
$115,000
Sold Price
$115,000
Total Days on Market
7
Current Estimated Value
$212,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,471
Avg. Annual Appreciation
9.19%
Original Mortgage
$80,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Listed on
Sep 20, 2017
Closed on
Mar 18, 2018
Sold by
Castro Julian
Bought by
Florida Foreclosure Management Llc
Seller's Agent
Jack Watlington
Fidelity Realty Advisors Inc
List Price
$102,000
Sold Price
$78,888
Premium/Discount to List
-$23,112
-22.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
326.15%

Purchase Details

Closed on
Jun 5, 2017
Sold by
Jpmorgan Chase Bank Na
Bought by
Secretary Of Housing And Urban Developme

Purchase Details

Closed on
Apr 5, 2013
Sold by
Ruiz Ivan Omar and Ruiz Judilyn C
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Jun 6, 2008
Sold by
Kings Lake Crystal Development Ii Llc
Bought by
Ruiz Ivan O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,626
Interest Rate
6.04%
Mortgage Type
FHA
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 $115,000 Attorney
Special Warranty Deed $78,888 Sun & Surf Title Llc
Special Warranty Deed -- Attorney
Trustee Deed $27,800 None Available
Special Warranty Deed $152,990 Enterprise Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $80,000 Unknown
Previous Owner $150,626 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2018 06/20/18 Sold $115,000 0.0% $133 / Sq Ft
05/17/2018 05/17/18 Pending -- -- --
05/10/2018 05/10/18 For Sale $115,000 +45.8% $133 / Sq Ft
03/16/2018 03/16/18 Sold $78,888 -22.7% $91 / Sq Ft
02/14/2018 02/14/18 Pending -- -- --
09/20/2017 09/20/17 For Sale $102,000 -- $118 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $2,796 $137,093 -- --
2023 $2,556 $124,630 $0 $0
2022 $2,359 $113,300 $0 $0
2021 $2,067 $103,000 $0 $103,000
2020 $1,991 $98,000 $0 $98,000
2019 $1,944 $94,000 $0 $94,000
2018 $1,678 $82,500 $0 $82,500
2017 $1,533 $75,500 $0 $0
2016 $1,447 $66,550 $0 $0
2015 $1,391 $60,500 $0 $0
2014 $1,267 $55,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10467231

MIAMI REALTORS® MLS

APN: 00-42-43-29-27-029-6412