NOT LISTED FOR SALE

324 N Lake Dr Unit A-1 Lantana, FL 33462

East Ocean Avenue Neighborhood

Estimated Value: $385,000 - $709,000

2 Beds
2 Baths
1,054 Sq Ft
$535/mo HOA Fee

Last Sold July 20, 2015

Last sale price $275,000 $261 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $4,155/month

39 Days on Market

Highlights

  • Property has ocean access
  • Intracoastal View
  • Cul-De-Sac
  • Home fronts navigable water
  • Concrete Pool
  • 3-minute walk to Lyman Kayak Park

About This Home

As of July 2015

Boaters paradise. Direct Intracoastal unit with wide intracoastal views. Includes boat slip!. 2 blocks N of Lantana. Walking distance to downtown, beaches and dozens of local restaurants. Unit allows 2 pets (under 40lbs). HOA includes all dock maintenance, condo insurance, pool, landscaping and water. Small, casual complex (only 10 units). Only 4 units of this type in building (last unit to go for sale of this type was over 10 years ago). Rare opportunity to get on the water, with boat slip in a pet friendly place.

Last Agent to Sell the Property

Derek Montgomery

Ocean & Intracoastal Properties License #3028119 Listed on: 05/11/2015

Last Buyer's Agent

Derek Montgomery

Ocean & Intracoastal Properties License #3028119 Listed on: 05/11/2015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,124

Year Built

  • Built in 1989

Lot Details

  • Home fronts navigable water
  • Property fronts an intracoastal waterway
  • Cul-De-Sac
  • Fenced
  • Sprinkler System

HOA Fees

  • $535 Monthly HOA Fees

Property Views

  • Intracoastal
  • Pool

Home Design

  • Barrel Roof Shape
  • Frame Construction
  • Tar and Gravel Roof

Interior Spaces

  • 1,054 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Awning
  • Sliding Windows
  • Combination Dining and Living Room
  • Clay Flooring
  • Home Security System

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Concrete Pool
  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 40434503350000014

Community Details

Overview

  • Association fees include common areas, insurance, legal/accounting, ground maintenance, maintenance structure, parking, pest control, pool(s), roof, trash, water
  • 10 Units
  • Coconut Cove Of Lantana C Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,124

Year Built

Built in 1989

Lot Details

0

HOA Fees

$535 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Lantana Road to Intracoastal, Complex in on the far right (South Side) of building.
  • Year Built: 1989
  • Carport Y N: Yes
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Living/Dining Room, Split Bedrooms
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Gas Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Clay
  • Living Area: 1054.0
  • Stories: 3
  • Window Features: Sliding

Exterior Features

  • Exterior Features: Awning(s), Fence, Patio
  • View: Intercoastal, Pool
  • Lot Features: Cul-De-Sac, Sprinklers Automatic
  • Pool Features: Concrete, None, Association, Community
  • Waterfront Features: Dock Access, Intracoastal Access, Navigable Water, No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block, Frame
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Barrel, Tar/Gravel

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Carport Spaces: 1.0
  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Security: Security System
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • 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

  • Association Fee: 535.0
  • Community Features: Pool
  • Senior Community: No
  • Amenities: Pool
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pool(s), Roof, Trash, Water

Lot Info

  • Parcel #: 40434503350000014
  • Zoning Description: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 3124.0

Multi Family

  • Number Of Units In Community: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2018
Sold by
Khan Munaff A and Persaud Himoutie
Bought by
Brown Curtis A
Current Estimated Value
$536,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
4.9%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
May 11, 2015
Closed on
Jul 14, 2015
Sold by
Dikhow Najat and Najat Dikhow Trust
Bought by
Khan Munaff A
Seller's Agent
Derek Montgomery
Ocean & Intracoastal Properties
Buyer's Agent
Derek Montgomery
Ocean & Intracoastal Properties
List Price
$295,000
Sold Price
$275,000
Premium/Discount to List
-$20,000
-6.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.53%

Purchase Details

Closed on
Feb 25, 2011
Sold by
Dikhow Joseph and Dikhow Najat
Bought by
Dikhow Najat and Najat Dikhow Living Trust
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
Brown Curtis A $350,000 Title101 Inc
Khan Munaff A $275,000 Attorney
Dikhow Najat -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Curtis A $195,000
Closed Brown Curtis A $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2015 07/20/15 Sold $275,000 -6.8% $261 / Sq Ft
06/20/2015 06/20/15 Pending -- -- --
05/11/2015 05/11/15 For Sale $295,000 -- $280 / 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 $7,889 $352,790 -- --
2023 $6,979 $320,718 $0 $0
2022 $6,776 $291,562 $0 $0
2021 $6,043 $315,960 $0 $315,960
2020 $5,240 $240,960 $0 $240,960
2019 $5,454 $248,960 $0 $248,960
2018 $4,991 $232,960 $0 $232,960
2017 $4,828 $224,960 $0 $0
2016 $4,687 $215,960 $0 $0
2015 $3,512 $142,732 $0 $0
2014 $3,124 $129,756 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    Derek Montgomery

    Ocean & Intracoastal Properties

    (561) 533-5533

    2 in this area

    8 Total Sales

    Derek Montgomery
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Map

Source: BeachesMLS

MLS Number: R10135088

BeachesMLS

APN: 40-43-45-03-35-000-0014

Florida Palm Beach County Lantana 33462 East Ocean Avenue

324 N Lake Dr Unit A-1, Lantana, FL

This home is located at 324 N Lake Dr Unit A-1, Lantana, FL 33462 since 11 May 2015 and is currently estimated at $536,511, approximately $509 per square foot. This property was built in 1989. 324 N Lake Dr Unit A-1 is a home located in Palm Beach County with nearby schools including Lantana Elementary School, Lake Worth High School, and Lantana Middle 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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