NOT LISTED FOR SALE

315 S Lake Dr Unit 3A Palm Beach, FL 33480

Estimated Value: $3,249,879 - $4,156,000

2 Beds
2 Baths
2,325 Sq Ft
$1,575/Sq Ft Est. Value

Last Sold March 21, 2016

Last sale price $1,650,000 $710 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $24,769/month

138 Days on Market

Highlights

  • Lake Front
  • Screened Pool
  • Wine Refrigerator
  • Palm Beach Public School Rated A-
  • Marble Flooring
  • Den

About This Home

As of March 2016

Over 2300 SF all on one floor. Fluted columns and nine foot ceilings frame a 47ft loggia looking out at the Marina. Split bedrooms, large master bath and walk-in closets adds to the elegant floor plan of this spacious apt in one of Palm Beaches most iconic and pet friendly building.

Last Agent to Sell the Property

CASEY JONES

Brown Harris Stevens of Palm Beach 0039 Listed on: 09/04/2015

Last Buyer's Agent

CHRISTINE GIBBONS

MCCANN COYNER CLARKE

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $14,014

Year Built

  • Built in 1969

Lot Details

  • Lake Front
  • West Facing Home

HOA Fees

  • $2,306 Monthly HOA Fees

Interior Spaces

  • 2,325 Sq Ft Home
  • Sound System
  • Living Room
  • Dining Room
  • Den

Kitchen

  • Eat-In Kitchen
  • Double Convection Oven
  • Electric Range
  • Freezer
  • Dishwasher
  • Wine Refrigerator

Flooring

  • Parquet
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 1 Parking Space
  • Covered Parking

Eco-Friendly Details

  • Non-Toxic Pest Control

Pool

  • Screened Pool
  • Outdoor Pool

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434322170030010

Community Details

Overview

  • Association fees include insurance, cable TV, maintenance exterior, trash, pest control, sewer, water
  • 32 Units
  • Southlake Community
  • On-Site Maintenance
  • 6-Story Property

Amenities

  • Lobby
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$14,014

Year Built

Built in 1969

Lot Details

0

HOA Fees

$2,306 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Building Name: Southlake
  • Year Built: 1969
  • Location Tax Legal:Name of Building: Southlake
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 14014.27
  • Location Tax Legal:Tax Year2: 2014
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 6919.0
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 32
  • General Property Description:_pound_ Floors: 6.0
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Security:Security System: Yes
  • Services Included:Full Time Manager: 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:Marble: Yes
  • Exposure of Unit:West2: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Building:Lakefront2: Yes
  • Floors:Parquet: Yes
  • Waterfront-Unit:Lakefront3: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Refrigerator-Wine, Freezer, Oven-Double, Oven-Convection, Washer, Dryer, Range - Electric
  • Total Bedrooms: 2
  • Flooring: Marble, Parquet
  • Interior Amenities: Sound System
  • Stories: 6
  • Interior Features:Smoke Alarms: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Oven-Convection: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Appliances:Oven-Double: Yes
  • Interior Features:Sound System: Yes

Exterior Features

  • Pool Features: Screened
  • Pool Private: Yes
  • Waterfront: Yes
  • Exterior Features: Elevator, Lobby
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Lobby: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool
  • Amenities: Full Time Manager, Other Services
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

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

Lot Info

  • Parcel #: 50434322170030010
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 32
  • Maintenance Expense: 6919.0

Tax Info

  • Tax Annual Amount: 14014.27
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2015
Closed on
Mar 15, 2016
Sold by
Plimpton Peggy L
Bought by
Collier Ii Carron G and The Barron G Collier Ii Revocable Trust
Seller's Agent
CASEY JONES
Brown Harris Stevens of Palm Beach 0039
Buyer's Agent
CHRISTINE GIBBONS
MCCANN COYNER CLARKE
List Price
$1,650,000
Sold Price
$1,650,000
Current Estimated Value
$3,661,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,011,720
Avg. Annual Appreciation
8.50%

Purchase Details

Closed on
Mar 4, 2005
Sold by
Pricci Josef V
Bought by
Plimpton Hollis W and Plimpton Peggy L
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
Collier Ii Carron G $1,650,000 Attorney
Plimpton Hollis W $1,374,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2016 03/21/16 Sold $1,650,000 0.0% $710 / Sq Ft
01/20/2016 01/20/16 Pending -- -- --
09/04/2015 09/04/15 For Sale $1,650,000 -- $710 / 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 $38,641 $2,737,867 -- --
2024 $38,641 $2,488,970 -- --
2023 $36,767 $2,262,700 $0 $0
2022 $33,745 $2,057,000 $0 $0
2021 $30,471 $1,875,000 $0 $1,875,000
2020 $28,427 $1,700,000 $0 $1,700,000
2019 $26,529 $1,551,800 $0 $1,551,800
2018 $24,460 $1,476,800 $0 $1,476,800
2017 $22,805 $1,346,800 $0 $0
2016 $17,315 $843,480 $0 $0
2015 $13,834 $766,800 $0 $0
2014 $14,014 $766,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 15-752

APN: 50-43-43-22-17-003-0010