NOT LISTED FOR SALE

315 S Lake Dr Unit 1C Palm Beach, FL 33480

Estimated Value: $2,842,000 - $4,383,000

1 Bed
2 Baths
1,700 Sq Ft
$2,081/Sq Ft Est. Value

Last Sold April 12, 2013

Last sale price $760,000 $447 Per Sq Ft

Est. 366% increase in value since last sale

Current estimated payment $23,452/month

116 Days on Market

Highlights

  • Doorman
  • Property fronts an intracoastal waterway
  • Wood Flooring
  • Palm Beach Public School Rated A-
  • Outdoor Pool
  • Wine Refrigerator

About This Home

As of April 2013

Bright and spacious 1 BR/1.5 BA unit opening onto private garden oasis!
Conveniently situated ‘in-town’ with-in walking distance to shops and restaurants! Sophisticated full service building, with 24 hour door man, covered parking, and attractive, heated pool. Pet friendly facility allows 2 dogs. Maintenance includes electric, cable, water and AC.
Exclusive - $899,000

Last Agent to Sell the Property

LINDA PANTANO

Christian Angle Real Estate Listed on: 11/15/2012

Last Buyer's Agent

Martin Conroy

Sailfish Point Realty, LLC License #BK3218701

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $12,211

Year Built

  • Built in 1969

Lot Details

  • Property fronts an intracoastal waterway
  • Southwest Facing Home

HOA Fees

  • $1,544 Monthly HOA Fees

Interior Spaces

  • 1,700 Sq Ft Home
  • Wet Bar
  • Living Room
  • Dining Area
  • Wood Flooring

Kitchen

  • Single Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Parking

  • 1 Parking Space
  • Covered Parking
  • Open Parking

Eco-Friendly Details

  • Non-Toxic Pest Control

Pool

  • Outdoor Pool
  • Heated Pool

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434322170010030

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, pest control, sewer, water, (see remarks)
  • 31 Units
  • Southlake Community
  • On-Site Maintenance
  • 6-Story Property

Amenities

  • Doorman
  • Common Area
  • Lobby

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$12,211

Year Built

Built in 1969

Lot Details

0

HOA Fees

$1,544 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: Okeechobee bridge to S Lake Drive
  • Building Name: Southlake
  • Year Built: 1969
  • Location Tax Legal:Name of Building: Southlake
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 12211.0
  • Location Tax Legal:Tax Year2: 2012
  • General Property Description:Living Area: 1700.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 4631.0
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 31
  • General Property Description:_pound_ Floors: 6.0
  • Waterfront-Building:ICW-Across Street: Yes
  • Exposure of Unit:South2: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: 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
  • Floors:Hardwood: Yes
  • Pets:Pets Allowed: Yes
  • Exposure of Unit:West2: Yes
  • Maintenance Includes:Cable TV: Yes
  • Pool:Heated Elec: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Ice Maker, Oven-Single, Microwave, Washer, Dryer, Range - Electric
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Hardwood
  • Interior Amenities: Wet Bar
  • Living Area: 1700.0
  • Stories: 6
  • Window Features: Wndw Trmnts Included
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes
  • Interior Features:Wet Bar: Yes

Exterior Features

  • Pool Features: Heated Elec
  • Pool Private: Yes
  • Waterfront: Yes
  • Exterior Features: Storm Shutters, Lobby, Other (See Remarks)
  • Exterior Features:Lobby: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Other (See Remarks)7: Yes

Garage/Parking

  • Total Parking Spaces: 1.0
  • Parking:Open Parking: Yes
  • Parking:Covered Parking: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Smoke Alarms, Door Person
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Pool
  • 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, Other (See Remarks)

Lot Info

  • Parcel #: 50434322170010030
  • Zoning: RD-1

Rental Info

  • Pets Other: Upon Board Approval

Multi Family

  • Number Of Units Total: 31
  • Maintenance Expense: 4631.0

Tax Info

  • Tax Annual Amount: 12211.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2021
Sold by
315 Southlake Llc
Bought by
315 S Lake Drive 1C Llc
Current Estimated Value
$3,537,948

Purchase Details

Closed on
Jun 29, 2010
Sold by
Higginbotham Richard A and Higginbotham Carole M
Bought by
Kane Edward F and Kane Cathie T

Purchase Details

Closed on
Aug 1, 2006
Sold by
Watkins Bruce W and Watkins Tamara
Bought by
Higginbotham Richard A and Higginbotham Carole M

Purchase Details

Closed on
Apr 30, 2003
Sold by
Pye Daniel M
Bought by
Watkins Bruce W and Watkins Tamara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$546,750
Interest Rate
5.79%

Purchase Details

Closed on
Sep 7, 2000
Sold by
Bette A Berry Tr
Bought by
Pye Daniel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,000
Interest Rate
8.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 1999
Sold by
Mackintosh Elisabeth P
Bought by
Berry T Bette A

Purchase Details

Closed on
Nov 5, 1997
Sold by
India Lowres Tr
Bought by
Mackintosh Elisabeth P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
315 S Lake Drive 1C Llc $2,930,000 Attorney
Kane Edward F $850,000 American Land Title Associat
Higginbotham Richard A $1,375,000 Premier Title Co Ltd
Watkins Bruce W $729,000 Premier Title Company Ltd
Pye Daniel M $410,000 --
Berry T Bette A $215,000 --
Mackintosh Elisabeth P $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Watkins Bruce W $546,750
Previous Owner Mackintosh Elisabeth P $525,000
Previous Owner Mackintosh Elisabeth P $369,000
Closed Watkins Bruce W $36,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2013 04/12/13 Sold $760,000 0.0% $447 / Sq Ft
03/11/2013 03/11/13 Pending -- -- --
11/15/2012 11/15/12 For Sale $760,000 -- $447 / 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
2025 $39,808 $2,800,000 -- --
2024 $39,808 $2,650,000 -- --
2023 $39,127 $2,530,000 $0 $0
2022 $36,006 $2,300,000 $0 $0
2021 $20,921 $1,375,000 $0 $1,375,000
2020 $19,363 $1,250,000 $0 $1,250,000
2019 $18,106 $1,150,000 $0 $1,150,000
2018 $14,897 $890,000 $0 $890,000
2017 $15,130 $890,000 $0 $0
2016 $13,958 $803,000 $0 $0
2015 $13,175 $730,000 $0 $0
2014 $13,347 $730,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2013

    LINDA PANTANO

    Christian Angle Real Estate

  • Martin Conroy

    Buyer's Agent in 2013

    Martin Conroy

    Sailfish Point Realty, LLC

    (561) 523-6148

    62 Total Sales

    Martin Conroy
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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 12-2547

APN: 50-43-43-22-17-001-0030

Florida Palm Beach County Palm Beach 33480

315 S Lake Dr Unit 1C, Palm Beach, FL

Not Listed for Sale

Coop

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