NOT LISTED FOR SALE

Lake Towers 250 Bradley Place Unit 201 Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $1,414,000 - $1,600,000

1 Bed
1 Bath
840 Sq Ft
$1,778/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $950,000 $1,131 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $10,405/month

20 Days on Market

Highlights

  • Doorman
  • Lake Front
  • Gas Heated Pool
  • Palm Beach Public School Rated A-
  • Docks
  • Balcony

About This Home

As of July 2021

Spacious, beautifully updated, fully furnished one bedroom/one bath pied-a-terre in the Lake Tower, one of Palm Beach's finest boutique sized, elegant, 24hr doorman condo buildings that is leasing friendly, allows 2 pets, has a heated pool, a full time manager and a great lakeside/in-town location. You can literally walk to shops, Publix, scores of restaurants, the beach, banks, houses of worship - and miles along the Lake Trail. A smart, attractive renovation has maximized every inch of space including fabulous floor-to-ceiling built-ins, a detailed gorgeous bath, and an updated expanded kitchen. This idyllic setting will not last!

Last Agent to Sell the Property

MARYANN CHOPP

Sotheby's International Realty, Inc. License #BK-3216754 Listed on: 05/20/2021

Sotheby's International Realty, Inc.

Last Buyer's Agent

Natalie Sterling

Sotheby's International Realty, Inc. License #SL-3392887

Sotheby's International Realty, Inc.

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $3,926

Year Built

  • Built in 1963

Lot Details

  • South Facing Home

HOA Fees

  • $876 Monthly HOA Fees

Interior Spaces

  • 840 Sq Ft Home
  • Window Treatments
  • Dining Area
  • Tile Flooring

Kitchen

  • Single Oven
  • Electric Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Parking

  • 1 Parking Space
  • Open Parking

Eco-Friendly Details

  • Non-Toxic Pest Control

Pool

  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Docks

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434315350002010

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, pest control, sewer, water
  • 60 Units
  • Lake Towers Community
  • On-Site Maintenance
  • 7-Story Property

Amenities

  • Doorman
  • Common Area
  • Laundry Facilities

Recreation

  • Bike Trail

Pet Policy

  • Small pets allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$3,926

Year Built

Built in 1963

Lot Details

0

HOA Fees

$876 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: 95 to Okeechobee Blvd east to PB, north on Cocoanut Row,to Atlantic Ave, bldg on left just past Atlantic
  • Building Name: Lake Towers
  • Year Built: 1963
  • Location Tax Legal:Name of Building: Lake Towers
  • Location Tax Legal:Zoned: R-D(1) - Moderate Density Residential
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 3925.8
  • Location Tax Legal:Tax Year2: 2020
  • General Property Description:Living Area: 840.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 875.79
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 60
  • General Property Description:_pound_ Floors: 7.0
  • Exposure of Unit:South2: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Pool:Heated - Gas: Yes
  • Laundry:Laundry in Building: Yes
  • Pets:Pets Allowed: Yes
  • Pets:Pet Type: Both
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Building:Lakefront2: Yes
  • Waterfront-Unit:ICW-Across Bike Path2: Yes
  • Pets:Weight Restrictions: 25 lbs or Under
  • Dock:Dock Space Available: Yes
  • Waterfront-Building:ICW-Across Bike Path: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Oven-Single, Microwave, Range - Electric
  • Total Bedrooms: 1
  • Flooring: Tile
  • Interior Amenities: Cable, Wndw Trmnts Included
  • Living Area: 840.0
  • Stories: 7
  • Interior Features:Wndw Trmnts Included: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: Pool, Heated Gas
  • Pool Private: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Exterior Features: Balcony
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Parking:_one_ Car2: Yes
  • Parking:Open Parking: Yes

Utilities

  • Laundry Features: Laundry in Building
  • Security: Door Person
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Maintenance Exterior, Trash, Pest Control, Sewer, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434315350002010
  • Zoning: R-D(1) - Moderate

Multi Family

  • Number Of Units Total: 60
  • Maintenance Expense: 875.79

Tax Info

  • Tax Annual Amount: 3925.8
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2022
Sold by
Nancy Newman
Bought by
Newman Nancy
Current Estimated Value
$1,493,245

Purchase Details

Listed on
May 20, 2021
Closed on
Jul 15, 2021
Sold by
Csg Living Trust
Bought by
Newman Nancy and Turner Clayton
Seller's Agent
MARYANN CHOPP
Sotheby's International Realty, Inc.
Buyer's Agent
Natalie Sterling
Sotheby's International Realty, Inc.
List Price
$950,000
Sold Price
$950,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.68%

Purchase Details

Listed on
May 20, 2021
Closed on
Jun 30, 2021
Sold by
Gohmann Carolyn S and Gohmann Barton C
Bought by
Gohmann Carolyn S and Gohmann Barton C
Seller's Agent
MARYANN CHOPP
Sotheby's International Realty, Inc.
Buyer's Agent
Natalie Sterling
Sotheby's International Realty, Inc.
List Price
$950,000
Sold Price
$950,000

Purchase Details

Closed on
Sep 21, 2009
Sold by
Gohmann Carolyn
Bought by
Gohmann Carolyn S and Gohmann Barton C

Purchase Details

Closed on
Jan 9, 2003
Sold by
Morrissey Thomas E
Bought by
Gohmann Carolyn

Purchase Details

Closed on
May 24, 2001
Sold by
Rita Kox I
Bought by
Morrissey Thomas E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 1995
Sold by
Salomonsky H Louis
Bought by
Kox Rita

Purchase Details

Closed on
May 9, 1994
Sold by
Lake Towers Dev Corp
Bought by
Salomonsky H Louis
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
Newman Nancy -- Kochman & Ziska Plc
Newman Nancy $837,000 Rabideau Klein
Gohmann Carolyn S -- Attorney
Gohmann Carolyn $285,300 --
Morrissey Thomas E $233,000 --
Kox Rita $130,000 --
Salomonsky H Louis $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morrissey Thomas E $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2021 07/23/21 Sold $950,000 0.0% $1,131 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $950,000 -- $1,131 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $15,383 $856,680 -- --
2023 $15,142 $778,800 $0 $0
2022 $11,359 $708,000 $0 $0
2021 $3,788 $248,622 $0 $0
2020 $3,926 $245,189 $0 $0
2019 $3,868 $239,676 $0 $0
2018 $3,610 $235,207 $0 $0
2017 $3,617 $230,369 $0 $0
2016 $3,295 $225,631 $0 $0
2015 $3,403 $224,063 $0 $0
2014 $3,416 $222,285 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    MARYANN CHOPP

    Sotheby's International Realty, Inc.

    (561) 351-1277

    5 in this area

    41 Total Sales

    Section Image
  • Natalie Sterling

    Buyer's Agent in 2021

    Natalie Sterling

    Sotheby's International Realty, Inc.

    (561) 774-7862

    1 in this area

    29 Total Sales

    Section Image
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About Lake Towers

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 21-849

APN: 50-43-43-15-35-000-2010

Florida Palm Beach County Palm Beach 33480 North End

250 Bradley Place Unit 201, Palm Beach, FL

This home is located at 250 Bradley Place Unit 201, Palm Beach, FL 33480 since 20 May 2021 and is currently estimated at $1,493,245, approximately $1,777 per square foot. This property was built in 1963. 250 Bradley Place Unit 201 is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Palm Beach Lakes Community High School.

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