$255,000
SOLD AUG 14, 2025

198 Lake Arbor Dr Palm Springs, FL 33461

Prairie Neighborhood
2 Beds
2 Baths
1,232 Sq Ft
$317/mo HOA Fee

Recently Sold

$207 Per Sq Ft

14% Below List Price

252 Days on Market

Highlights

  • Garden View
  • Tile Flooring
  • Ceiling Fan
  • Patio
  • Central Heating and Cooling System
  • Florida or Dining Combination

About This Home

As of August 2025

2 Bedroom 2 Bath townhouse located in the heart of Palm Springs close to parks, shopping centers and more. Low HOA fees which include cable. You can rent this unit immediately so its also investor friendly as well.

Last Agent to Sell the Property

Jack Hinkel

Steadfast Realty LLC License #3303688 Listed on: 12/05/2024

Last Buyer's Agent

Mohamed Bouchikh

LoKation License #3396560

LoKation

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,247

Year Built

  • Built in 1978

HOA Fees

  • $317 Monthly HOA Fees

Parking

  • Assigned Parking

Interior Spaces

  • 1,232 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Florida or Dining Combination
  • Garden Views
  • Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Patio
  • 1,124 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 70434417540021980

Community Details

Overview

  • Association fees include common areas, cable TV, insurance
  • Lakewood Of Palm Springs Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,247

Year Built

Built in 1978

Lot Details

0

HOA Fees

$317 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Condominium,Townhouse
  • Directions: I 95 to 10th Ave North go West to Florida Mango take a right then drive to Arabian Rd go left To Lake Arbor turn right the Property will be on the left
  • Year Built: 1978
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Family/Dining Room
  • Private Spa: No
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer/Dryer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Laminate, Tile
  • Living Area: 1232.0
  • Stories: 2

Exterior Features

  • Exterior Features: Patio
  • View: Garden
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

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

Condo/Co-op/Association

  • Association Fee: 317.0
  • Community Features: Non-Gated, Street Lights, Sidewalks
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance

Lot Info

  • Parcel #: 70434417540021980
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 1124.0
  • Zoning Description: RM(cit

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2247.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2018
Closed on
Dec 13, 2018
Sold by
Leon Maureen K and Collada Jorge L
Bought by
Gutierrez Bertina and Ruiz Daniel
Seller's Agent
Juan Robles
Century 21 Tenace Realty
Buyer's Agent
Jack Hinkel
Steadfast Realty LLC
List Price
$169,900
Sold Price
$165,000
Premium/Discount to List
-$4,900
-2.88%
Total Days on Market
252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.20%
Original Mortgage
$162,011
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 31, 2017
Sold by
Leon Maureen K
Bought by
Collada Jorge L and Leon Maurene

Purchase Details

Listed on
Oct 23, 2014
Closed on
Jan 30, 2015
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Leon Maureen K
Seller's Agent
Debbie Smith
Reliant Realty ERA Powered
Buyer's Agent
Juan Robles
Century 21 Tenace Realty
List Price
$73,000
Sold Price
$73,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.53%
Original Mortgage
$73,076
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 14, 2014
Sold by
Suntrust Mortgage Inc
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jul 11, 2014
Sold by
Richardson Christian
Bought by
Suntrust Mortgage Inc

Purchase Details

Closed on
Aug 29, 2012
Sold by
Richardson Candice A
Bought by
Lakewood Homeowners Association Inc

Purchase Details

Closed on
Feb 28, 1995
Sold by
Brandenburg Joan Marie
Bought by
Richardson Candice A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,926
Interest Rate
9.05%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $165,000 Performance Title Inc
Quit Claim Deed $33,810 None Available
Warranty Deed $73,000 Attorney
Warranty Deed -- Attorney
Trustee Deed $75,200 None Available
Trustee Deed $300 None Available
Warranty Deed $48,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $181,115 FHA
Closed $162,011 FHA
Previous Owner $73,076 FHA
Previous Owner $90,100 FHA
Previous Owner $71,900 Unknown
Previous Owner $10,500 New Conventional
Previous Owner $48,926 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2025 08/14/25 Sold $255,000 -10.5% $207 / Sq Ft
06/16/2025 06/16/25 Price Changed $284,900 -1.7% $231 / Sq Ft
02/24/2025 02/24/25 Price Changed $289,900 -1.7% $235 / Sq Ft
12/05/2024 12/05/24 For Sale $295,000 +78.8% $239 / Sq Ft
12/13/2018 12/13/18 Sold $165,000 -2.9% $134 / Sq Ft
11/13/2018 11/13/18 Pending -- -- --
10/25/2018 10/25/18 For Sale $169,900 +132.7% $138 / Sq Ft
01/30/2015 01/30/15 Sold $73,000 0.0% $59 / Sq Ft
12/31/2014 12/31/14 Pending -- -- --
10/23/2014 10/23/14 For Sale $73,000 -- $59 / 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 $2,313 $143,248 -- --
2023 $2,247 $139,076 $0 $0
2022 $2,189 $135,025 $0 $0
2021 $2,129 $131,092 $0 $0
2020 $2,109 $129,282 $0 $0
2019 $2,073 $126,375 $0 $126,375
2018 $2,023 $115,308 $0 $115,308
2017 $2,402 $103,308 $0 $0
2016 $2,263 $91,308 $0 $0
2015 $1,972 $77,308 $0 $0
2014 $1,638 $60,839 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    Jack Hinkel

    Steadfast Realty LLC

    (561) 202-4714

    1 in this area

    99 Total Sales

    Jack Hinkel
    Section Image

  • M

    Buyer's Agent in 2025

    Mohamed Bouchikh

    LoKation

    (561) 637-4559

    2 in this area

    12 Total Sales

    Mohamed Bouchikh
    Section Image
  • Juan Robles

    Seller's Agent in 2018

    Juan Robles

    Century 21 Tenace Realty

    (561) 319-2430

    1 in this area

    55 Total Sales

    Juan Robles
    Section Image
  • Debbie Smith

    Seller's Agent in 2015

    Debbie Smith

    Reliant Realty ERA Powered

    (561) 262-4176

    108 Total Sales

    Debbie Smith
    Section Image
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Map

Source: BeachesMLS

MLS Number: R11042644

BeachesMLS

APN: 70-43-44-17-54-002-1980

Florida Palm Beach County Palm Springs 33461 Prairie

198 Lake Arbor Dr, Palm Springs, FL

This home is located at 198 Lake Arbor Dr, Palm Springs, FL 33461 and is currently priced at $255,000, approximately $206 per square foot. This property was built in 1978. 198 Lake Arbor Dr 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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