$137,500
SOLD AUG 30, 2012

401 Lake Shore Dr Unit 8040 West Palm Beach, FL 33403

2 Beds
2 Baths
1,316 Sq Ft
$253/mo HOA Fee

Recently Sold

$104 Per Sq Ft

29% Below List Price

266 Days on Market

Highlights

  • Ocean View
  • Senior Community
  • Community Pool
  • Property fronts an intracoastal waterway
  • Great Room
  • 3-minute walk to Kelsey Park

About This Home

As of March 2018

SELLER MOTIVATED!!!!Sweeping intracoastal and ocean views from this newly remodeled 2 bedroom 2 bath condo. Spacious great room providing gracious dining and living areas. FURNITURE NEGOTIABLE! SEE ADDENDUM FOR MORE!! Kitchen is a delight with new appliances, cabinets and granite countertops. You'll love this light, airy open floor plan. This is a jewel of a home at a great price - and even better - possible owner financing!!!!

Last Agent to Sell the Property

Frank Leo

Inactive member License #3244086 Listed on: 11/07/2011

Last Buyer's Agent

Ellen DiMarco

Platinum Properties/The Keyes License #3054222

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,314

Year Built

  • Built in 1972

Lot Details

  • Property fronts an intracoastal waterway
  • East Facing Home

HOA Fees

  • $253 Monthly HOA Fees

Property Views

  • Ocean
  • Intracoastal

Interior Spaces

  • 1,316 Sq Ft Home
  • Furnished or left unfurnished upon request
  • Bar
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room
  • Ceramic Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • 1 Carport Space
  • Guest Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 36434221120008040

Community Details

Overview

  • Senior Community
  • Association fees include common areas, cable TV, ground maintenance, maintenance structure, parking, pool(s), sewer, security, trash, water
  • Lake Harbour Towers Condo Subdivision
  • 8-Story Property

Recreation

  • Tennis Courts
  • Shuffleboard Court
  • Community Pool

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,314

Year Built

Built in 1972

Lot Details

0

HOA Fees

$253 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: US Hwy 1 to Date Palm Dr. to Lake Shore Dr.
  • Year Built: 1972
  • Carport Y N: Yes
  • Special Features: None

Interior Features

  • Interior Amenities: Entrance Foyer, Elevator, Living/Dining Room, Split Bedrooms, Bar, Walk-In Closet(s)
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 1316.0
  • Dining Room Type: Great Room
  • Stories: 8

Exterior Features

  • View: Intercoastal, Ocean
  • Pool Features: None, Community
  • View: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: East

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association Fee: 253.0
  • Community Features: Pool, Shuffleboard, Tennis Court(s)
  • Senior Community: Yes
  • Amenities: Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional, No

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Maintenance Grounds, Maintenance Structure, Parking, Pool(s), Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 36434221120008040
  • Zoning Description: Res

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 3314.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2024
Sold by
Robinson William C and Robinson Betty L
Bought by
Robinson Joint Revocable Trust and Robinson
Current Estimated Value
$440,018

Purchase Details

Listed on
Jul 19, 2017
Closed on
Mar 23, 2018
Sold by
Cohen Edward
Bought by
Robinson William C and Robinson Betty L
Seller's Agent
Jorge Zea
Blue Lighthouse Realty, INC
Buyer's Agent
Michelle Rinaldi
EXP Realty LLC
List Price
$265,000
Sold Price
$225,000
Premium/Discount to List
-$40,000
-15.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.59%
Original Mortgage
$150,500
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 19, 2016
Closed on
Jun 10, 2016
Sold by
Schlosser Douglas C and Schlosser Virginia E
Bought by
Cohen Edward
Seller's Agent
Malik Zaman
Choice 1 Realty LLC
Buyer's Agent
Malik Zaman
Choice 1 Realty LLC
List Price
$254,900
Sold Price
$207,000
Premium/Discount to List
-$47,900
-18.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.77%

Purchase Details

Listed on
Nov 7, 2011
Closed on
Aug 30, 2012
Sold by
Kelly Joseph D and Kelly Suzanne G
Bought by
Schlosser Douglas C and Schlosser Virginia E
Seller's Agent
Frank Leo
Inactive member
Buyer's Agent
Ellen DiMarco
Platinum Properties/The Keyes
List Price
$194,900
Sold Price
$137,500
Premium/Discount to List
-$57,400
-29.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.43%

Purchase Details

Closed on
Mar 6, 2009
Sold by
Filoso Frances
Bought by
Kelly Joseph D and Kelly Suzanne G

Purchase Details

Closed on
Mar 12, 2003
Sold by
Jagoda Denise P
Bought by
Filoso Frances L

Purchase Details

Closed on
Dec 21, 1999
Sold by
Brasili John V and Brasili Terry J
Bought by
Jagoda Denise P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
7.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 1996
Sold by
First National In Palm Beach Pr
Bought by
Brasili John and Brasili Terry J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
7.88%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Opinion Of Title
Warranty Deed $225,000 The Title Network Inc
Warranty Deed $207,000 Landmark Title Of Florida In
Warranty Deed $137,500 Princeton Title & Escrow Llc
Warranty Deed $185,000 Oceanside Title Inc
Warranty Deed $142,000 Sunbelt Title Agency
Warranty Deed $90,000 --
Deed $69,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $150,500 New Conventional
Previous Owner $72,000 New Conventional
Previous Owner $66,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2018 03/27/18 Sold $225,000 -15.1% $171 / Sq Ft
02/25/2018 02/25/18 Pending -- -- --
07/19/2017 07/19/17 For Sale $265,000 +28.0% $201 / Sq Ft
06/10/2016 06/10/16 Sold $207,000 -18.8% $157 / Sq Ft
05/11/2016 05/11/16 Pending -- -- --
03/19/2016 03/19/16 For Sale $254,900 +85.4% $194 / Sq Ft
08/30/2012 08/30/12 Sold $137,500 -29.5% $104 / Sq Ft
07/31/2012 07/31/12 Pending -- -- --
11/07/2011 11/07/11 For Sale $194,900 -- $148 / 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 $6,995 $285,500 -- --
2023 $6,288 $259,545 $0 $0
2022 $5,797 $235,950 $0 $0
2021 $5,225 $225,000 $0 $225,000
2020 $4,747 $195,000 $0 $195,000
2019 $4,578 $186,100 $0 $186,100
2018 $4,057 $168,100 $0 $168,100
2017 $3,943 $156,100 $0 $0
2016 $2,068 $114,979 $0 $0
2015 $2,106 $114,180 $0 $0
2014 $2,109 $113,274 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R3237834

BeachesMLS

APN: 36-43-42-21-12-000-8040