NOT LISTED FOR SALE

196 Lake Arbor Dr Unit 196 Palm Springs, FL 33461

Prairie Neighborhood

Estimated Value: $288,000 - $303,000

2 Beds
2 Baths
1,232 Sq Ft
$241/Sq Ft Est. Value

Last Sold June 23, 2021

Last sale price $218,000 $177 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,126/month

62 Days on Market

Highlights

  • Attic
  • Walk-In Closet
  • Laundry Room
  • High Ceiling
  • Breakfast Bar
  • Tile Flooring

About This Home

As of June 2021

Newly Renovated for worry free MOVE-IN DATE to awesome quadplex (Townhouse) located in lovely Palm Springs. 2/2 close to I-95, minutes away from the beaches, Downtown area of Lake Worth Beach, and West Palm Beach ''City Place'' - Freshly painted, new carpet, new stainless steel appliances; new disposal-new washer/dryer. From the minute you open the front gate to private fenced patio you will instantly know you've found Home! NO aggravation of making it ready for your family to move-in! Your outside fenced patio maintains privacy for your family or your pet(s); fur babies can play and be safe! 1. New sinks and faucet upstairs2. New faucet downstairs3. New Shower and Drain Floor downstairs4. Patio resealed 5. Heatproof tinting on windows 6. Freshly painted outside

Last Agent to Sell the Property

Carol Wallace

Florida Management Prof. License #307992 Listed on: 03/22/2021

Last Buyer's Agent

Connery Cole

KW Reserve License #3436074

KW Reserve

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,484

Year Built

  • Built in 1978

Lot Details

  • 1,133

HOA Fees

  • $114 Monthly HOA Fees

Interior Spaces

  • 1,232 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Attic

Kitchen

  • Breakfast Bar
  • Electric Range
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Stacked Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Schools

  • Forest Hills Elementary School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 70434417540021960

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, ground maintenance, trash
  • 420 Units
  • Lakewood Of Palm Springs Subdivision

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,484

Year Built

Built in 1978

Lot Details

0

HOA Fees

$114 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: I-95 - West on Forest Hill Boulevard, left on Florida Mango Road, right on Arabian Road, Right on Lake Arbor Drive and you will see 196 corner. LL
  • Year Built: 1978
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Dual Sinks, High Ceilings, Stacked Bedrooms, Walk-In Closet(s), Attic
  • Furnished: Unfurnished
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Living Area: 1232.0
  • Dining Room Type: Attic, Laundry
  • Stories: 2

Exterior Features

  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 114.0
  • Community Features: Non-Gated, Street Lights, Sidewalks
  • Senior Community: No
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Grounds, Trash

Schools

  • Elementary School: Forest Hills

Lot Info

  • Parcel #: 70434417540021960
  • Zoning Description: RM(cit

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1484.0

Multi Family

  • Number Of Units In Community: 420

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2021
Closed on
Jun 25, 2021
Sold by
Giessen Uwe and Giessen Michelle
Bought by
Menardy James
Seller's Agent
Carol Wallace
Florida Management Prof.
Buyer's Agent
Connery Cole
KW Reserve
List Price
$235,000
Sold Price
$218,000
Premium/Discount to List
-$17,000
-7.23%
Total Days on Market
62
Current Estimated Value
$296,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,926
Avg. Annual Appreciation
8.51%
Original Mortgage
$211,460
Outstanding Balance
$194,345
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$106,457

Purchase Details

Closed on
Mar 25, 2020
Sold by
Giessen Mark Dea H and Fischer Kylee L
Bought by
Giessen Uwe and Giessen Michelle

Purchase Details

Closed on
Apr 9, 2015
Sold by
Giessen Uwe
Bought by
Giessen Mark Dean Herbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.89%
Mortgage Type
VA
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 Buyer Sale Price Title Company
Menardy James $218,000 Trident Title
Giessen Uwe -- None Available
Giessen Mark Dean Herbert $110,000 Trident Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Menardy James $211,460
Previous Owner Giessen Mark Dean Herbert $110,000
Previous Owner Giessen Uwe $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2021 06/23/21 Sold $218,000 -7.2% $177 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $235,000 -- $191 / 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 $4,202 $240,464 -- --
2023 $4,515 $204,560 $0 $0
2022 $4,047 $185,964 $0 $0
2021 $3,137 $138,375 $0 $138,375
2020 $1,484 $99,222 $0 $0
2019 $1,456 $96,991 $0 $0
2018 $1,368 $95,183 $0 $0
2017 $1,352 $93,225 $0 $0
2016 $1,350 $91,308 $0 $0
2015 $1,757 $62,967 $0 $0
2014 $1,584 $57,243 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Carol Wallace

    Florida Management Prof.

    1 in this area

    4 Total Sales

    Carol Wallace
    Section Image
  • Connery Cole

    Buyer's Agent in 2021

    Connery Cole

    KW Reserve

    (832) 492-5045

    1 in this area

    6 Total Sales

    Connery Cole
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10701811

BeachesMLS

APN: 70-43-44-17-54-002-1960

Florida Palm Beach County Palm Springs 33406 Prairie

196 Lake Arbor Dr Unit 196, Palm Springs, FL

This home is located at 196 Lake Arbor Dr Unit 196, Palm Springs, FL 33461 since 22 March 2021 and is currently estimated at $296,926, approximately $241 per square foot. This property was built in 1978. 196 Lake Arbor Dr Unit 196 is a home located in Palm Beach County with nearby schools including Meadow Park Elementary School, Conniston Middle School, and Forest Hill Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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