NOT LISTED FOR SALE

401 Lake Shore Dr Unit 4050 West Palm Beach, FL 33403

Estimated Value: $386,887 - $457,000

2 Beds
2 Baths
1,316 Sq Ft
$307/mo HOA Fee

Last Sold May 02, 2022

Last sale price $391,500 $297 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,126/month

27 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Senior Community
  • Furnished
  • Fitness Center
  • Gated Community
  • 3-minute walk to Kelsey Park

About This Home

As of May 2022

Enjoy your own ''front row seat'' to the beautiful Intracoastal Waterway! This unobstructed view allows you to watch the manatees and marine activity from your floor to ceiling windows. This bright, smartly decorated condo is offered furnished and move in ready. 2 BR, 2BA unit features a split bedroom floor plan, and includes new stainless appliances (installed 2019 and lightly used), tile flooring throughout, and all windows are impact. Washer & Dryer inside unit. Both bathroom vanities recently upgraded and AC is new as of December 2021. Lake Harbour Towers is a gated, active 55+ community, conveniently located close to the best of everything in the Palm Beaches - world class shopping, dining and entertainment and 15 minutes to PBI Airport.

Last Agent to Sell the Property

Susan Bennett

The Keyes Company (PBG) License #3038128 Listed on: 03/05/2022

Last Buyer's Agent

Jefferson Kiely

Kiely Real Estate, LLC License #3086857

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,104

Year Built

  • Built in 1972

Lot Details

  • Property fronts an intracoastal waterway

HOA Fees

  • $307 Monthly HOA Fees

Parking

  • Covered Parking

Interior Spaces

  • 1,316 Sq Ft Home
  • Furnished
  • Built-In Features
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Intracoastal Views
  • Security Gate

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 36434221120004050

Community Details

Overview

  • Senior Community
  • Association fees include common areas, pool(s), sewer, trash, water
  • Lake Harbour Towers Condo Subdivision
  • 8-Story Property

Recreation

  • Shuffleboard Court
  • Fitness Center
  • Community Pool

Additional Features

  • Elevator
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,104

Year Built

Built in 1972

Lot Details

0

HOA Fees

$307 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: US-1 to Foresteria. East on Foresteria one block, south on Lake Shore Dr one block. Lake Harbour Towers is on your left.
  • Year Built: 1972
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Living/Dining Room, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 1316.0
  • Dining Room Type: Laundry
  • Stories: 8

Exterior Features

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

Garage/Parking

  • Garage Yn: No
  • Parking Features: Covered

Utilities

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

Condo/Co-op/Association

  • Association Fee: 307.0
  • Community Features: Gated, Pool, Shuffleboard
  • Senior Community: Yes
  • Amenities: Fitness Center, Pool, Shuffleboard Court, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

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

Lot Info

  • Parcel #: 36434221120004050
  • Zoning Description: R1AA

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2104.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2022
Closed on
Apr 1, 2022
Sold by
Gourlay Dorothy E
Bought by
Whitmire Jeffrey S and Whitmire Angela
Seller's Agent
Susan Bennett
The Keyes Company (PBG)
Buyer's Agent
Jefferson Kiely
Kiely Real Estate, LLC
List Price
$375,000
Sold Price
$391,500
Premium/Discount to List
$16,500
4.4%
Current Estimated Value
$422,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,722
Avg. Annual Appreciation
1.89%
Original Mortgage
$293,625
Outstanding Balance
$234,081
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$182,597

Purchase Details

Listed on
Feb 9, 2018
Closed on
Jul 17, 2018
Sold by
Westrom Janice and Westrom Brad
Bought by
Gourlay Dorothy E
Seller's Agent
Kim Thomson
Compass Florida, LLC (Jupiter)
List Price
$205,000
Sold Price
$190,000
Premium/Discount to List
-$15,000
-7.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.02%
Original Mortgage
$130,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2009
Sold by
Glass Helen and Glass Hans
Bought by
Fenza Helen and Helen Fenza Trust
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
Whitmire Jeffrey S $391,500 Trident Title
Gourlay Dorothy E $190,000 Property Transfer Services I
Fenza Helen -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whitmire Jeffrey S $293,625
Previous Owner Gourlay Dorothy E $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2022 05/02/22 Sold $391,500 +4.4% $297 / Sq Ft
04/02/2022 04/02/22 Pending -- -- --
03/05/2022 03/05/22 For Sale $375,000 +97.4% $285 / Sq Ft
07/17/2018 07/17/18 Sold $190,000 -7.3% $144 / Sq Ft
06/17/2018 06/17/18 Pending -- -- --
02/09/2018 02/09/18 For Sale $205,000 -- $156 / 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 $6,280 $278,000 -- --
2023 $6,050 $268,000 $0 $268,000
2022 $2,168 $123,084 $0 $0
2021 $2,104 $119,499 $0 $0
2020 $3,944 $159,000 $0 $159,000
2019 $3,767 $150,100 $0 $150,100
2018 $3,881 $160,100 $0 $160,100
2017 $1,517 $93,411 $0 $0
2016 $1,488 $91,490 $0 $0
2015 $1,513 $90,854 $0 $0
2014 $1,513 $90,133 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10781643

BeachesMLS

APN: 36-43-42-21-12-000-4050