NOT LISTED FOR SALE

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

Estimated Value: $2,938,000 - $4,945,000

2 Beds
2 Baths
1,816 Sq Ft
1.34 Acres

Last Sold April 13, 2015

Last sale price $1,290,000 $710 Per Sq Ft

Est. 236% increase in value since last sale

Current estimated payment $26,925/month

125 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Community Pool
  • Palm Beach Public School Rated A-
  • Intracoastal View
  • Elevator

About This Home

As of April 2015

This home is located at 315 S Lake Dr Unit 3F, Palm Beach, FL 33480 since 07 November 2014 and is currently estimated at $4,339,238, approximately $2,389 per square foot. This property was built in 1969. 315 S Lake Dr Unit 3F is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Forest Hill Community High School.

Last Agent to Sell the Property

Robert Slater

Lenson Realty License #620838 Listed on: 11/07/2014

Last Buyer's Agent

Robert Slater

Lenson Realty License #620838 Listed on: 11/07/2014

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,667

Year Built

  • Built in 1969

Lot Details

  • 1.34

Home Design

  • Tar and Gravel Roof

Interior Spaces

  • 1,816 Sq Ft Home
  • Intracoastal Views

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks

Home Security

  • Home Security System
  • Security Lights
  • Motion Detectors

Parking

  • Attached Garage
  • 1 Carport Space

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434322170030060

Community Details

Overview

  • Association fees include management, common areas, cable TV, electricity, HVAC, hot water, insurance, laundry, ground maintenance, maintenance structure, parking, pest control, pool(s), roof, sewer, security, trash, water
  • Southlake Cond Decl In Subdivision
  • 6-Story Property

Amenities

  • Doorman
  • Laundry Facilities
  • Elevator
  • Bike Room
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool

Security

  • Resident Manager or Management On Site
  • Phone Entry
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,667

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: In Palm Beach, to S County Road, W down Brazilian Avenue to S Lake Drive. On NW corner. From 95/TP to Okee. Blvd exit, E to Palm Beach to S. County Road. S 1 block to Brazilian Ave. W to Southlake Dr
  • Year Built: 1969
  • Carport Y N: Yes
  • Entry Level: 3
  • Pets No Pets Comments: Other Pet Restrictions:Possible Restrictions
  • Special Features: None

Interior Features

  • Interior Amenities: Dual Sinks, Tub Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Living Area: 1816.0
  • Stories: 6

Exterior Features

  • View: Intercoastal
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Roof: Tar/Gravel

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Carport Spaces: 1.0
  • Garage Yn: No
  • Parking Features: Attached, Covered, Garage

Utilities

  • Laundry Features: Common Area
  • Security: Security System, Closed Circuit Camera(s), Door Man, Motion Detectors, Phone Entry, Security Lights, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Bike Storage, Fitness Center, Laundry, Management, Pool, Storage, Trash, Elevator(s)

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Electricity, HVAC, Hot Water, Insurance, Laundry, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pool(s), Roof, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 50434322170030060
  • Lot Size: East of US-1
  • Zoning Description: RESIDENT
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 5667.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2014
Closed on
Apr 13, 2015
Sold by
Slater Robert W
Bought by
Sarian Andres G and Sarian Holly M
Seller's Agent
Robert Slater
Lenson Realty
Buyer's Agent
Robert Slater
Lenson Realty
List Price
$1,800,000
Sold Price
$1,290,000
Premium/Discount to List
-$510,000
-28.33%
Current Estimated Value
$4,339,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,049,238
Avg. Annual Appreciation
12.47%
Source: Public Records

Range of Values:

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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
Sarian Andres G $1,290,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2015 04/13/15 Sold $1,290,000 -28.3% $710 / Sq Ft
03/14/2015 03/14/15 Pending -- -- --
11/08/2014 11/08/14 For Sale $1,800,000 -- $991 / 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 $35,514 $2,162,875 -- --
2023 $32,238 $1,966,250 $0 $0
2022 $29,532 $1,787,500 $0 $0
2021 $26,758 $1,625,000 $0 $1,625,000
2020 $27,190 $1,625,000 $0 $1,625,000
2019 $25,281 $1,477,700 $0 $1,477,700
2018 $24,475 $1,477,700 $0 $1,477,700
2017 $22,820 $1,347,700 $0 $0
2016 $21,214 $1,227,700 $0 $0
2015 $15,373 $852,700 $0 $0
2014 $5,567 $340,843 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10087309

BeachesMLS

APN: 50-43-43-22-17-003-0060