NOT LISTED FOR SALE

197 Lake Arbor Dr Unit 197 Palm Springs, FL 33461

Prairie Neighborhood

Estimated Value: $283,000 - $307,000

2 Beds
2 Baths
1,274 Sq Ft
$233/Sq Ft Est. Value

Last Sold March 19, 2015

Last sale price $113,500 $89 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $1,932/month

19 Days on Market

Highlights

  • Garden View
  • Community Playground
  • 2 Detached Carport Spaces
  • Patio
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of March 2015

VERY NICE CORNER UNIT IN GREAT CONDITIONS IN THE COMMUNITY OF LAKEWOOD. FEATURING 2 BEDROOM & 1.5 BATH LAYOUTS. UPDATED KITCHEN WITH GRANITE COUNTER TOPS & BACKSPLASH WITH ACCESS TO PRIVATE PATIO. NEUTRAL TILES IN ALL LIVING AREAS AND NEUTRAL CARPET IN BE DROOMS. REMODELED FULL BATHROOM, BALCONY FROM THE SECOND FLOOR, NEUTRAL COLOR THOUGHT THE HOME. VERY QUIET NEIGHBORHOOD & WELL-MAINTAINED LANDSCAPING.

Last Listed By

Monica Cataluña-Shand

KoRes Realty License #3086010 Listed on: 01/12/2015

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $760

Year Built

  • Built in 1978

Lot Details

  • 1,133

HOA Fees

  • $133 Monthly HOA Fees

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,274 Sq Ft Home
  • 2-Story Property
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Detached Carport Spaces
  • 2 Car Parking Spaces

Schools

  • Meadowlane Elementary School

Additional Features

  • Patio
  • Fenced
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 70434417540021970

Community Details

Overview

  • Lakewood Of Palm Springs Condos
  • Lakewood Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Recreation

  • Community Playground

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$760

Year Built

Built in 1978

Lot Details

0

HOA Fees

$133 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1978
  • Property Sub Type: Townhouse
  • Carport Y N: Yes
  • Directions: FLORIDA MANGO WEST ON ARABIAN RIGHT AT STOP SIGN, FIRST RIGHT.
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse
  • Subdivision Name: LAKEWOOD
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Furnished: Unfurnished
  • Living Area: 1274
  • Possible Use: Unknown/Withheld
  • Stories: 2
  • Bedroom Features: None

Exterior Features

  • View: Garden View
  • Exterior Features: None
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: LAKEWOOD OF PALM SPRINGS
  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Parking Features: Detached Carport, 2 Or More Spaces, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: No Security

Condo/Co-op/Association

  • Association Fee: 400
  • Amenities: Child Play Area
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: Meadowlane

Lot Info

  • Parcel Number: 70434417540021970
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 760

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2015
Closed on
Mar 19, 2015
Sold by
Bruno Jennifer and Recarey Joseph
Bought by
Nunez Joel
Seller's Agent
Monica Cataluña-Shand
KoRes Realty
List Price
$120,000
Sold Price
$113,500
Premium/Discount to List
-$6,500
-5.42%
Total Days on Market
19
Current Estimated Value
$296,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,096
Avg. Annual Appreciation
9.88%
Original Mortgage
$108,007
Outstanding Balance
$84,366
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$212,230

Purchase Details

Closed on
Sep 28, 2004
Sold by
Rule Marcy
Bought by
Bruno Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 2003
Sold by
Galan Michele
Bought by
Rule Marcy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,200
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 2002
Sold by
Farr Joseph and Farr Ann Marie
Bought by
Galan Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,462
Interest Rate
7.07%
Source: Public Records

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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
Nunez Joel $113,500 Apple Title & Escrow Llc
Bruno Jennifer $119,000 First American Title Ins Co
Rule Marcy $92,000 --
Galan Michele $74,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nunez Joel $108,007
Previous Owner Bruno Jennifer $30,594
Previous Owner Bruno Jennifer $109,000
Previous Owner Rule Marcy $89,200
Previous Owner Galan Michele $51,462
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2015 03/19/15 Sold $113,500 -5.4% $89 / Sq Ft
02/01/2015 02/01/15 Pending -- -- --
01/12/2015 01/12/15 For Sale $120,000 -- $94 / 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 $1,666 $109,940 -- --
2023 $1,614 $106,738 $0 $0
2022 $1,560 $103,629 $0 $0
2021 $1,502 $100,611 $0 $0
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 $1,972 $77,308 $0 $0
2014 $777 $48,834 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2056050

MIAMI REALTORS® MLS

APN: 70-43-44-17-54-002-1970

Florida Palm Beach County Palm Springs 33406 Prairie

197 Lake Arbor Dr Unit 197, Palm Springs, FL

This home is located at 197 Lake Arbor Dr Unit 197, Palm Springs, FL 33461 since 12 January 2015 and is currently estimated at $296,596, approximately $232 per square foot. This property was built in 1978. 197 Lake Arbor Dr Unit 197 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.

MIAMI REALTORS® MLS 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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