NOT LISTED FOR SALE

401 Lake Shore Dr Unit 3060 West Palm Beach, FL 33403

Estimated Value: $365,803 - $443,000

2 Beds
2 Baths
1,316 Sq Ft
$354/mo HOA Fee

Last Sold July 03, 2014

Last sale price $154,000 $117 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $2,864/month

71 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Senior Community
  • Great Room
  • Fitness Center
  • Sun or Florida Room
  • 3-minute walk to Kelsey Park

About This Home

As of July 2014

Breathtaking direct Intracoastal views from this 2 bedroom 2 bath condo. Corner location means extra windows on the side. Updated kitchen with newer white raised-panel cabinets and newer white appliances. Newer tile in living area and master bedroom, new carpet in bedroom 2. Freshly painted in neutral colors. Professionally cleaned. Stackable washer/dryer in unit. Balcony glassed in and tiled to create a welcoming sunroom, and you can also close the sliders to the living room and enjoy the fresh air in the sunroom. Condo fees 252.66/mo plus $1000 insurance annually, total $336/mo.

Last Agent to Sell the Property

Ellen DiMarco

Platinum Properties/The Keyes License #3054222 Listed on: 03/23/2014

Last Buyer's Agent

Diane Savastano

Keller Williams Realty Jupiter License #3197966

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,920

Year Built

  • Built in 1972

Lot Details

  • Property fronts an intracoastal waterway
  • Fenced

HOA Fees

  • $354 Monthly HOA Fees

Interior Spaces

  • 1,316 Sq Ft Home
  • Great Room
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Intracoastal Views
  • Security Gate

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • 1 Carport Space

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 36434221120003060

Community Details

Overview

  • Senior Community
  • Association fees include cable TV, insurance, water
  • 48 Units
  • High-Rise Condominium
  • Lake Harbour Towers Cond Subdivision
  • 8-Story Property

Amenities

  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool
  • Park

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,920

Year Built

Built in 1972

Lot Details

0

HOA Fees

$354 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Northlake to S on US 1. East (left) on Evergreen. South (right) on Lake Shore to gate for 401 Lake Shore
  • 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: Elevator, Living/Dining Room, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1316.0
  • Dining Room Type: Florida Room, Great Room
  • Stories: 8

Exterior Features

  • Exterior Features: Fence
  • View: Intercoastal
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access
  • 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: Covered, Detached, Garage

Utilities

  • Security: Security Gate
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 354.0
  • Community Features: Park, Pool
  • Senior Community: Yes
  • Amenities: Fitness Center, Pool, Storage
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Cable TV, Insurance, Water

Lot Info

  • Parcel #: 36434221120003060
  • Zoning Description: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 1920.0

Multi Family

  • Number Of Units In Community: 48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2014
Closed on
Jul 3, 2014
Sold by
Rossow Helen M and Autwell Elise S
Bought by
Iskander Samuel and Iskander Laila
Seller's Agent
Ellen DiMarco
Platinum Properties/The Keyes
Buyer's Agent
Diane Savastano
Keller Williams Realty Jupiter
List Price
$167,900
Sold Price
$154,000
Premium/Discount to List
-$13,900
-8.28%
Current Estimated Value
$404,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,046
Avg. Annual Appreciation
9.24%

Purchase Details

Closed on
Jul 30, 2001
Sold by
Roger C Melson M and Roger Victoria S
Bought by
Rossow Helen M

Purchase Details

Closed on
Feb 20, 1998
Sold by
Smith Geneva R
Bought by
Melson Roger C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,400
Interest Rate
6.89%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Iskander Samuel $154,000 South Florida Title Insurers
Rossow Helen M $114,000 --
Melson Roger C $85,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Melson Roger C $70,000
Previous Owner Melson Roger C $68,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2014 07/03/14 Sold $154,000 -8.3% $117 / Sq Ft
06/03/2014 06/03/14 Pending -- -- --
03/23/2014 03/23/14 For Sale $167,900 -- $128 / 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 $3,347 $179,500 -- --
2023 $3,186 $174,272 $0 $0
2022 $3,175 $169,196 $0 $0
2021 $3,106 $164,268 $0 $0
2020 $3,071 $162,000 $0 $162,000
2019 $3,835 $153,100 $0 $153,100
2018 $3,947 $163,100 $0 $163,100
2017 $3,990 $158,600 $0 $0
2016 $3,791 $143,600 $0 $0
2015 $3,907 $144,100 $0 $0
2014 $2,002 $109,523 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10026798

BeachesMLS

APN: 36-43-42-21-12-000-3060