NOT LISTED FOR SALE

325 S Lake Dr Unit 6 Palm Beach, FL 33480

Estimated Value: $1,780,000 - $2,250,000

2 Beds
1 Bath
866 Sq Ft
$689/mo HOA Fee

Last Sold September 01, 2022

Last sale price $1,875,000 $2,165 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $13,553/month

131 Days on Market

Highlights

  • Vaulted Ceiling
  • Den
  • Built-In Features
  • Palm Beach Public School Rated A-
  • Impact Glass
  • Home Security System

About This Home

As of September 2022

Featuring 18 foot ceilings and a private rooftop terrace, this fully renovated 2 bedroom/1 bathroom in-town condo is not to be missed. Offering oversized windows and bright natural light, it is a private island treehouse in the heart of Palm Beach brimming with character and refinement.

Last Agent to Sell the Property

Cara McClure

Douglas Elliman License #3177951 Listed on: 03/23/2022

Douglas Elliman

Co-Listed By

LISA WILKINSON

Douglas Elliman License #3254735

Last Buyer's Agent

Alexis Waller

Brown Harris Stevens of PB License #3411126

Brown Harris Stevens of PB

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,600

Year Built

  • Built in 1968

Lot Details

  • 10,716

HOA Fees

  • $689 Monthly HOA Fees

Parking

  • On-Street Parking

Interior Spaces

  • 866 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Den
  • Ceramic Tile Flooring
  • Home Security System
  • Washer and Dryer

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434327750000060

Community Details

Overview

  • Association fees include common areas, insurance, maintenance structure, pest control, sewer, trash, water
  • Casa Del Lago Condo Subdivision

Security

  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,600

Year Built

Built in 1968

Lot Details

0

HOA Fees

$689 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Royal Palm Way to S Lake Dr
  • Year Built: 1968
  • Entry Level: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, High Ceilings, Vaulted Ceiling(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 866.0
  • Dining Room Type: Den
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Pool Features: None
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: On Street

Utilities

  • Security: Security System
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 689.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Structure, Pest Control, Sewer, Trash, Water

Lot Info

  • Parcel #: 50434327750000060
  • Zoning Description: 0400

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 9600.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2022
Closed on
Sep 1, 2022
Sold by
Halvorson Janet
Bought by
Corey John E and Evans Page
Seller's Agent
Cara McClure
Douglas Elliman
Buyer's Agent
Alexis Waller
Brown Harris Stevens of PB
List Price
$1,850,000
Sold Price
$1,875,000
Premium/Discount to List
$25,000
1.35%
Current Estimated Value
$2,030,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,235
Avg. Annual Appreciation
2.67%

Purchase Details

Listed on
Aug 29, 2017
Closed on
Nov 1, 2017
Sold by
Crain Amelia D
Bought by
Halvorson Janet
Seller's Agent
LISA WILKINSON
Douglas Elliman
Buyer's Agent
LISA WILKINSON
Douglas Elliman
List Price
$779,000
Sold Price
$762,000
Premium/Discount to List
-$17,000
-2.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.45%

Purchase Details

Listed on
Feb 24, 2016
Closed on
May 16, 2016
Sold by
Launer Carol H and Rabideau Guy
Bought by
Crain Amelia D
Seller's Agent
SUZANNE STOLL
Illustrated Properties LLC PB
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$478,000
Sold Price
$478,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.63%
Original Mortgage
$358,500
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 18, 2014
Closed on
Dec 18, 2014
Sold by
Fannie Mae
Bought by
Launer Carol H
Seller's Agent
James Viscome
Guaranteed Home Sales
Buyer's Agent
James Viscome
Guaranteed Home Sales
List Price
$359,900
Sold Price
$359,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.29%

Purchase Details

Closed on
Aug 1, 2014
Sold by
Messina Tony
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 30, 2000
Sold by
Stahl Elizabeth K
Bought by
Messina Tony and Roseman Bonnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
8.63%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Corey John E $1,875,000 --
Halvorson Janet $683,500 Premier Title Co Ltd
Crain Amelia D $478,000 Attorney
Launer Carol H $359,900 None Available
Federal National Mortgage Association -- None Available
Messina Tony $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crain Amelia D $358,500
Previous Owner Messina Tony $412,000
Previous Owner Messina Tony $263,000
Previous Owner Roseman Bonnie $160,000
Previous Owner Messina Anthony $24,500
Previous Owner Messina Tony $26,991
Previous Owner Messina Anthony $392,000
Previous Owner Messina Anthony $243,000
Previous Owner Messina Anthony $103,500
Previous Owner Messina Tony $243,000
Previous Owner Messina Anthony $92,700
Previous Owner Messina Tony $61,000
Previous Owner Messina Tony $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2022 09/01/22 Sold $1,875,000 +1.4% $2,165 / Sq Ft
08/02/2022 08/02/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $1,850,000 +142.8% $2,136 / Sq Ft
11/01/2017 11/01/17 Sold $762,000 -2.2% $1,033 / Sq Ft
10/02/2017 10/02/17 Pending -- -- --
08/29/2017 08/29/17 For Sale $779,000 +63.0% $1,056 / Sq Ft
05/16/2016 05/16/16 Sold $478,000 0.0% $648 / Sq Ft
04/01/2016 04/01/16 Pending -- -- --
02/24/2016 02/24/16 For Sale $478,000 +32.8% $648 / Sq Ft
12/18/2014 12/18/14 Sold $359,900 0.0% $488 / Sq Ft
11/18/2014 11/18/14 Pending -- -- --
10/18/2014 10/18/14 For Sale $359,900 -- $488 / 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 $22,647 $1,500,000 -- --
2023 $22,835 $1,500,000 $0 $1,500,000
2022 $10,729 $605,000 $0 $0
2021 $9,600 $600,000 $0 $600,000
2020 $8,575 $500,000 $0 $500,000
2019 $8,332 $475,000 $0 $475,000
2018 $8,074 $475,000 $0 $475,000
2017 $6,408 $365,000 $0 $0
2016 $4,783 $312,170 $0 $0
2015 $4,943 $310,000 $0 $0
2014 $1,029 $90,762 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10785948

BeachesMLS

APN: 50-43-43-27-75-000-0060