NOT LISTED FOR SALE

3525 S Ocean Blvd Unit 2040 Palm Beach, FL 33480

Estimated Value: $468,695 - $602,000

2 Beds
2 Baths
1,290 Sq Ft
$542/mo HOA Fee

Last Sold July 21, 2017

Last sale price $273,000 $212 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $4,052/month

36 Days on Market

Highlights

  • Property has ocean access
  • Fitness Center
  • Community Pool
  • Property fronts an intracoastal waterway
  • Clubhouse
  • Elevator

About This Home

As of July 2017

Beautiful water views, sunsets and balmy breezes from this private, screened balcony and all living areas! This PRIME end unit with western exposure has a spacious eat-in kitchen and large bedrooms. Lakewood Condominium is a well maintained Intracoastal building, one of the few that allow a pet (1 under 20#s). Additionally there is private deeded beach access, community room with a dock and pool on the Intracoastal.

Last Agent to Sell the Property

Ann Corbin

Sandals Realty Group, Inc. License #694707 Listed on: 05/15/2017

Last Buyer's Agent

Nino Fernandez

Coldwell Banker Realty /Delray Beach License #3033666

Coldwell Banker Realty /Delray Beach

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,837

Year Built

  • Built in 1985

Lot Details

  • 1.49

HOA Fees

  • $542 Monthly HOA Fees

Parking

  • Open Parking

Interior Spaces

  • 1,290 Sq Ft Home
  • 4-Story Property
  • Furnished or left unfurnished upon request
  • Intracoastal Views

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

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

Additional Features

  • Property has ocean access
  • Property fronts an intracoastal waterway

Listing and Financial Details

  • Assessor Parcel Number 62434435260002040

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, pool(s), sewer, trash, water
  • Lakewood At Palm Beach Co Subdivision

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Security

  • Phone Entry

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,837

Year Built

Built in 1985

Lot Details

0

HOA Fees

$542 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: A-1-A, north of Eau of Palm Beach on west side.
  • Year Built: 1985
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Split Bedrooms, Walk-In Closet(s)
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Living Area: 1290.0
  • Dining Room Type: Laundry
  • Stories: 4

Exterior Features

  • View: Intercoastal
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Open

Utilities

  • Security: Phone Entry
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 542.0
  • Community Features: Pool
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Pool, Elevator(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Pool(s), Sewer, Trash, Water

Lot Info

  • Parcel #: 62434435260002040
  • Zoning Description: R-2(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 4837.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2017
Closed on
Jul 21, 2017
Sold by
Kuntz Barbara B
Bought by
Adamson James E and Adamson Rosemary S
Seller's Agent
Ann Corbin
Sandals Realty Group, Inc.
Buyer's Agent
Nino Fernandez
Coldwell Banker Realty /Delray Beach
List Price
$299,000
Sold Price
$273,000
Premium/Discount to List
-$26,000
-8.7%
Current Estimated Value
$542,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,424
Avg. Annual Appreciation
8.40%
Original Mortgage
$157,000
Outstanding Balance
$132,697
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$395,225

Purchase Details

Closed on
Feb 20, 2007
Sold by
Bailey Laura K
Bought by
Kuntz Barbara B and Barbara B Kuntz Revocable Trust

Purchase Details

Closed on
Jan 25, 2007
Sold by
Kuntz Barbara B
Bought by
Kuntz Barbara B and Barbara B Kuntz Revocable Trust

Purchase Details

Closed on
Nov 5, 2003
Sold by
Bailey Laura K
Bought by
Bailey Laura K and Kuntz William E

Purchase Details

Closed on
Nov 14, 2001
Sold by
Daulbert Robert G and Daulbert Jean M
Bought by
Bailey Laura K

Purchase Details

Closed on
Aug 22, 2001
Sold by
Daulbert Robert G and Daulbert Jean M
Bought by
Bailey Laura K

Purchase Details

Closed on
Apr 7, 1998
Sold by
Daubert Robert G and Daubert Jean M
Bought by
Provost Tom

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.95%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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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
Adamson James E $273,000 Attorney
Kuntz Barbara B $135,000 None Available
Kuntz Barbara B -- Attorney
Bailey Laura K -- --
Bailey Laura K -- --
Bailey Laura K $150,000 --
Provost Tom $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adamson James E $157,000
Previous Owner Provost Tom $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2017 07/21/17 Sold $273,000 -8.7% $212 / Sq Ft
06/21/2017 06/21/17 Pending -- -- --
05/15/2017 05/15/17 For Sale $299,000 0.0% $232 / Sq Ft
09/25/2012 09/25/12 Rented $1,325 -55.8% --
08/26/2012 08/26/12 Under Contract -- -- --
04/11/2012 04/11/12 For Rent $3,000 -- --
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 $7,742 $430,000 -- --
2023 $7,679 $359,143 $0 $0
2022 $6,898 $326,494 $0 $0
2021 $6,312 $300,000 $0 $300,000
2020 $5,944 $293,000 $0 $293,000
2019 $5,511 $263,000 $0 $263,000
2018 $4,782 $223,000 $0 $223,000
2017 $5,104 $253,000 $0 $0
2016 $4,837 $203,280 $0 $0
2015 $4,468 $184,800 $0 $0
2014 $3,984 $168,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Ann Corbin

    Sandals Realty Group, Inc.

  • N

    Buyer's Agent in 2017

    Nino Fernandez

    Coldwell Banker Realty /Delray Beach

    (561) 252-6079

    2 in this area

    9 Total Sales

    Nino Fernandez
    Section Image

  • C

    Seller's Agent in 2012

    Courtney Fallon

    Premier Int'l Real Estate, Inc

    (561) 310-0863

    4 in this area

    8 Total Sales

    Courtney Fallon
    Section Image

  • L

    Seller Co-Listing Agent in 2012

    Leonard Cohen

    Palm Beach Realty LLC

  • Y

    Buyer's Agent in 2012

    Yadira Cox

    Wm Robert Webster Inc

    (561) 838-9555

    17 Total Sales

    Yadira Cox
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10334338

BeachesMLS

APN: 62-43-44-35-26-000-2040

Florida Palm Beach County Palm Beach 33462

3525 S Ocean Blvd Unit 2040, Palm Beach, FL

This home is located at 3525 S Ocean Blvd Unit 2040, Palm Beach, FL 33480 since 15 May 2017 and is currently estimated at $542,424, approximately $420 per square foot. This property was built in 1985. 3525 S Ocean Blvd Unit 2040 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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