NOT LISTED FOR SALE

401 Lake Shore Dr Unit 2060 West Palm Beach, FL 33403

Estimated Value: $438,000 - $454,000

2 Beds
2 Baths
1,316 Sq Ft
$267/mo HOA Fee

Last Sold May 02, 2016

Last sale price $205,000 $156 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $3,122/month

134 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Senior Community
  • Built-In Features
  • Fitness Center
  • Detached Garage
  • 3-minute walk to Kelsey Park

About This Home

As of May 2016

Newly renovated waterfront condo. Just installed tile floors throughout and new stainless steal appliances. Second floor, corner unit with split floor plan. View and location are spectacular. Balcony view opposite Singer Island. Freshly painted. New hurricane sliding doors with screens and enclosed porch. City water and sewer. Unmanned security gate. Community heated pool. Extra storage unit. Covered parking. Washer and dryer hook up availabvle inside unit. 55 and older. No pets and rent restrictions. This is truly a special and affordable proerty in Palm Beach county.

Last Agent to Sell the Property

Angela Tamburro

Donohue Real Estate, LLC License #3310396 Listed on: 11/19/2015

Last Buyer's Agent

Elizabeth Proce

Elizabeth S Proce License #0665964

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,998

Year Built

  • Built in 1972

Lot Details

  • 1.78

HOA Fees

  • $267 Monthly HOA Fees

Property Views

  • Intracoastal
  • Pool

Interior Spaces

  • 1,316 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Combination Dining and Living Room
  • Laundry Room

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Parking

  • Detached Garage
  • 1 Carport Space
  • Assigned Parking

Utilities

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

Additional Features

  • Seawall
  • Property fronts an intracoastal waterway

Listing and Financial Details

  • Assessor Parcel Number 36434221120002060

Community Details

Overview

  • Senior Community
  • Association fees include common areas, cable TV, maintenance structure, pest control, sewer, water
  • High-Rise Condominium
  • Lake Harbour Towers Condo Subdivision
  • 8-Story Property

Amenities

  • Community Storage Space
  • Elevator

Recreation

  • Fitness Center

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,998

Year Built

Built in 1972

Lot Details

0

HOA Fees

$267 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Off Rt 1On Lake Shore just South of NorthLakeWhen you get to Intracoastal you are there
  • Year Built: 1972
  • Architectural Style: High Rise
  • Carport Y N: Yes
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Built-in Features, Closet Cabinetry, Elevator, Living/Dining Room, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Laminate, Tile
  • Living Area: 1316.0
  • Dining Room Type: Laundry, Storage Room
  • Stories: 8

Exterior Features

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

Garage/Parking

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

Utilities

  • Security: Fire Sprinkler System
  • Cooling: Central Air, Ceiling Fan(s), 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: 267.0
  • Senior Community: Yes
  • Amenities: Fitness Center, Storage, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Maintenance Structure, Pest Control, Sewer, Water

Lot Info

  • Parcel #: 36434221120002060
  • Zoning Description: R1AA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1998.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2015
Closed on
Apr 29, 2016
Sold by
Olivio Robert and Olivio Janice
Bought by
Parsons James S
Seller's Agent
Angela Tamburro
Donohue Real Estate, LLC
Buyer's Agent
Elizabeth Proce
Elizabeth S Proce
List Price
$219,000
Sold Price
$205,000
Premium/Discount to List
-$14,000
-6.39%
Current Estimated Value
$446,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,005
Avg. Annual Appreciation
9.13%

Purchase Details

Listed on
Jan 14, 2015
Closed on
Aug 24, 2015
Sold by
Minnick Wayne R
Bought by
Olivio Robert and Olivio Janice
Seller's Agent
Barry Segal
Condodomain.com LLC
Buyer's Agent
Angela Tamburro
Donohue Real Estate, LLC
List Price
$146,900
Sold Price
$143,000
Premium/Discount to List
-$3,900
-2.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
68.54%

Purchase Details

Listed on
Jan 14, 2015
Closed on
Aug 9, 2015
Sold by
Durfee Janina
Bought by
Olivio Robert W and Olivio Janice L
Seller's Agent
Barry Segal
Condodomain.com LLC
Buyer's Agent
Angela Tamburro
Donohue Real Estate, LLC
List Price
$146,900
Sold Price
$143,000
Premium/Discount to List
-$3,900
-2.65%

Purchase Details

Closed on
Jun 11, 2008
Sold by
Minnick Wayne R
Bought by
Durfee Wayne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.84%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 16, 2007
Sold by
Durfee Wayne
Bought by
Minnick Wayne R

Purchase Details

Closed on
Feb 15, 2006
Sold by
Spoto Robert
Bought by
Durfee Wayne

Purchase Details

Closed on
Jun 28, 2003
Sold by
Townsend Glen E and Townsend Corrie Jane
Bought by
Spoto Robert

Purchase Details

Closed on
Aug 6, 1999
Sold by
Curley Robert and Curley Barbara
Bought by
Townsend Glen E and Townsend Corrie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,200
Interest Rate
7.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 1995
Sold by
Curley Robert
Bought by
Curley Robert and Curley Barbara

Purchase Details

Closed on
Feb 16, 1995
Sold by
Curley Robert
Bought by
Curley Robert
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
Parsons James S $205,000 Summit Title Services Corp
Olivio Robert $143,000 Summit Title Services Corp
Olivio Robert W -- Attorney
Durfee Wayne E -- None Available
Minnick Wayne R $208,100 Attorney
Durfee Wayne $250,000 None Available
Spoto Robert $175,000 --
Townsend Glen E $83,400 --
Curley Robert -- --
Curley Robert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Minnick Wayne R $150,000
Previous Owner Townsend Glen E $79,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2016 05/02/16 Sold $205,000 -6.4% $156 / Sq Ft
04/02/2016 04/02/16 Pending -- -- --
11/19/2015 11/19/15 For Sale $219,000 +53.1% $166 / Sq Ft
08/24/2015 08/24/15 Sold $143,000 -2.7% $109 / Sq Ft
07/25/2015 07/25/15 Pending -- -- --
01/14/2015 01/14/15 For Sale $146,900 -- $112 / 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 $5,753 $234,256 -- --
2023 $5,357 $212,960 $0 $0
2022 $4,962 $193,600 $0 $0
2021 $4,363 $185,000 $0 $185,000
2020 $3,967 $160,000 $0 $160,000
2019 $3,790 $151,100 $0 $151,100
2018 $3,903 $161,100 $0 $161,100
2017 $3,943 $156,100 $0 $0
2016 $3,730 $141,100 $0 $0
2015 $2,643 $119,517 $0 $0
2014 $1,998 $113,167 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10186114

BeachesMLS

APN: 36-43-42-21-12-000-2060