NOT LISTED FOR SALE

325 S Lake Dr Unit 7 Palm Beach, FL 33480

Estimated Value: $1,629,148 - $1,945,000

2 Beds
1 Bath
1,000 Sq Ft
$1,798/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $875,000 $875 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $11,693/month

41 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Central Heating and Cooling System
  • Palm Beach Public School Rated A-
  • High Impact Windows
  • Ceiling Fan

About This Home

As of November 2020

In town, two story pied-a-terre. European living in the heart of Palm Beach. Two bedroom, one bath with excellent potential for a second bath. Private rooftop deck and terraces. 22 ft. beamed ceilings. Completely renovated with the best of taste. Some water views from 2nd bedroom. Outdoor living. Pet friendly, private, boutique building on S Lake drive.

Last Agent to Sell the Property

Kerry Warwick

The Corcoran Group License #SL-697948 Listed on: 09/16/2020

The Corcoran Group

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $4,397

Year Built

  • Built in 1968

Lot Details

  • 10,716

HOA Fees

  • $630 Monthly HOA Fees

Interior Spaces

  • 1,000 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • High Impact Windows

Kitchen

  • Single Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Garage
  • No Garage
  • Open Parking

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Non-Toxic Pest Control
  • Balcony
  • West Facing Home

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434327750000070

Community Details

Overview

  • Association fees include insurance, common area, maintenance exterior, trash, pest control, sewer, water
  • 11 Units
  • Casa Del Lago Community
  • On-Site Maintenance

Amenities

  • Common Area

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$4,397

Year Built

Built in 1968

Lot Details

0

HOA Fees

$630 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: Okeechobee bridge east. First right as you come of the bridge onto S Lake Drive. 325 is on the east side of the street.
  • Building Name: Casa Del Lago
  • Garage Yn: Yes
  • Year Built: 1968
  • Location Tax Legal:Name of Building: Casa Del Lago
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 4397.0
  • Location Tax Legal:Tax Year2: 2020
  • General Property Description:Living Area: 1000.0
  • General Property Description:Pool: No
  • General Property Description:Waterfront: No
  • General Property Description:Maintenance Amount: 630.0
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 11
  • General Property Description:_pound_ Floors: 2.0
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: 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
  • Exposure of Unit:West2: Yes
  • Floors:StoneBrick: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Oven-Single, Microwave, Washer, Dryer, Range - Electric
  • Total Bedrooms: 2
  • Flooring: Hardwood, Stone/Brick
  • Interior Amenities: Cable, Ceiling Fan
  • Living Area: 1000.0
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: No Pool
  • Pool Private: No
  • Exterior Features: Balcony, Impact Windows
  • Exterior Features:Balcony: Yes
  • Exterior Features:Impact Windows: Yes

Garage/Parking

  • Parking:Open Parking: Yes
  • Parking:No Garage2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: No Security
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Common Area, Maintenance Exterior, Trash, Pest Control, Sewer, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434327750000070
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 11
  • Maintenance Expense: 630.0

Tax Info

  • Tax Annual Amount: 4397.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2020
Closed on
Nov 16, 2020
Sold by
Salvador Jan
Bought by
Mini Coastal Llc
Seller's Agent
Kerry Warwick
The Corcoran Group
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$875,000
Sold Price
$875,000
Current Estimated Value
$1,798,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$923,287
Avg. Annual Appreciation
17.29%

Purchase Details

Listed on
Oct 13, 2015
Closed on
Jan 12, 2016
Sold by
Wienert Katja Boldin
Bought by
Salvador Jan
Seller's Agent
Maureen Woodward
Brown Harris Stevens of PB
Buyer's Agent
Kerry Warwick
The Corcoran Group
List Price
$515
Sold Price
$515,000
Premium/Discount to List
$514,485
99900%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.52%

Purchase Details

Closed on
Apr 7, 1994
Sold by
Deems Richard E and Deems Jean S
Bought by
Lloyd Isabelle
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
Mini Coastal Llc $875,000 Lighthouse Title Svcs Llc
Salvador Jan $515,000 Attorney
Lloyd Isabelle $225,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2020 11/20/20 Sold $875,000 0.0% $875 / Sq Ft
10/27/2020 10/27/20 Pending -- -- --
09/16/2020 09/16/20 For Sale $875,000 +69.9% $875 / Sq Ft
01/12/2016 01/12/16 Sold $515,000 +99900.0% $648 / Sq Ft
12/13/2015 12/13/15 Pending -- -- --
10/13/2015 10/13/15 For Sale $515 -- $1 / 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
2024 $17,785 $931,700 -- --
2023 $17,248 $847,000 $0 $0
2022 $13,072 $770,000 $0 $0
2021 $11,690 $700,000 $0 $700,000
2020 $4,372 $284,541 $0 $0
2019 $4,353 $278,144 $0 $0
2018 $4,131 $272,958 $0 $0
2017 $4,117 $267,344 $0 $0
2016 $5,515 $315,000 $0 $0
2015 $5,471 $300,000 $0 $0
2014 $5,217 $282,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Kerry Warwick

    The Corcoran Group

    (561) 310-2262

    23 Total Sales

    Kerry Warwick
    Section Image

  • N

    Buyer's Agent in 2020

    NON MEMBER

    NON MEMBER FIRM

  • M

    Seller's Agent in 2016

    Maureen Woodward

    Brown Harris Stevens of PB

    (561) 371-0100

    18 Total Sales

    Maureen Woodward
    Section Image
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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 20-1564

APN: 50-43-43-27-75-000-0070

Florida Palm Beach County Palm Beach 33480

325 S Lake Dr Unit 7, Palm Beach, FL

This home is located at 325 S Lake Dr Unit 7, Palm Beach, FL 33480 since 16 September 2020 and is currently estimated at $1,798,287, approximately $1,798 per square foot. This property was built in 1968. 325 S Lake Dr Unit 7 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.

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