5380 Cedar Lake Dr Unit 2040 Boynton Beach, FL 33437
2
Beds
2
Baths
1,205
Sq Ft
$783/mo
HOA Fee
Highlights
- Lake Front
- Senior Community
- Clubhouse
- Fitness Center
- Gated Community
- Community Pool
About This Home
As of January 2025LAKEVIEWS. REDUCED - Priced for Quick Sale.2 bedroom 2 bath unit ready for new owners. Rare Lakeview location on 2nd floor..attractively priced for quick sale.Enjoy the gated community of Banyan Springs, with tennis, pickleball, cafe, library, theater, hair salon, fitness center & walking trails.Vacant and readily accessible for viewing.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,330
Year Built
- Built in 1982
Lot Details
- Lake Front
HOA Fees
- $783 Monthly HOA Fees
Interior Spaces
- 1,205 Sq Ft Home
- 3-Story Property
- Lake Views
- Washer and Dryer
Kitchen
- Electric Range
- Microwave
- Dishwasher
Flooring
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Separate Shower in Primary Bathroom
Utilities
- Cooling Available
- Heating Available
- Municipal Trash
Listing and Financial Details
- Assessor Parcel Number 00424526090292040
Community Details
Overview
- Senior Community
- Association fees include cable TV, insurance, reserve fund, roof, sewer, trash, water
- Banyan Springs Lakeside C Subdivision
Amenities
- Clubhouse
- Billiard Room
- Community Library
Recreation
- Tennis Courts
- Pickleball Courts
- Fitness Center
- Community Pool
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 20, 2024
Closed on
Jan 17, 2025
Sold by
Act For Life Services and Bernard David And Barbara Natow Living T
Bought by
Web Travel Media Llc
Seller's Agent
Joe Leone
Highlight Realty Corp/LW
Buyer's Agent
Joe Leone
Highlight Realty Corp/LW
List Price
$175,000
Sold Price
$155,000
Premium/Discount to List
-$20,000
-11.43%
Views
29
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
154.84%
Original Mortgage
$176,750
Outstanding Balance
$89,829
Interest Rate
6.6%
Mortgage Type
Construction
Estimated Equity
$169,458
Purchase Details
Closed on
Nov 7, 2018
Sold by
Natow Bernard and Natow Barbara
Bought by
Natow Bernard David and Natow Barbara
Purchase Details
Closed on
Oct 15, 2013
Sold by
Wolfe George and Wolfe Fran
Bought by
Natow Bernard
Purchase Details
Closed on
Jan 16, 2001
Sold by
Kessler Frederick M and Kessler Joan M
Bought by
Wolfe George
Purchase Details
Closed on
May 15, 1995
Sold by
Nesmith Donald C and Nesmith Frances B
Bought by
Kessler Frederick M
Similar Homes in Boynton Beach, FL
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $155,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | Intracoastal Title Llc | |
| Warranty Deed | $83,000 | Intracoastal Title Llc | |
| Warranty Deed | $85,000 | -- | |
| Warranty Deed | $70,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $176,750 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/04/2025 08/04/25 | Price Changed | $269,000 | 0.0% | $223 / Sq Ft |
| 08/04/2025 08/04/25 | For Sale | $269,000 | -3.6% | $223 / Sq Ft |
| 07/24/2025 07/24/25 | Off Market | $279,000 | -- | -- |
| 07/07/2025 07/07/25 | Price Changed | $279,000 | -4.8% | $232 / Sq Ft |
| 05/22/2025 05/22/25 | Price Changed | $293,000 | -7.9% | $243 / Sq Ft |
| 05/09/2025 05/09/25 | For Sale | $318,000 | +87.2% | $264 / Sq Ft |
| 03/05/2025 03/05/25 | Off Market | $169,900 | -- | -- |
| 01/17/2025 01/17/25 | Sold | $155,000 | -8.8% | $129 / Sq Ft |
| 11/12/2024 11/12/24 | Pending | -- | -- | -- |
| 10/04/2024 10/04/24 | Price Changed | $169,900 | -2.9% | $141 / Sq Ft |
| 08/30/2024 08/30/24 | For Sale | $175,000 | 0.0% | $145 / Sq Ft |
| 08/26/2024 08/26/24 | Pending | -- | -- | -- |
| 08/17/2024 08/17/24 | Price Changed | $175,000 | -12.1% | $145 / Sq Ft |
| 08/02/2024 08/02/24 | Price Changed | $199,000 | -4.8% | $165 / Sq Ft |
| 07/21/2024 07/21/24 | For Sale | $209,000 | -- | $173 / Sq Ft |
Source: BeachesMLS
Tax History Compared to Growth
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 | $1,378 | $109,273 | -- | -- |
| 2023 | $1,330 | $106,090 | $0 | $0 |
| 2022 | $1,301 | $103,000 | $0 | $0 |
| 2021 | $1,271 | $100,000 | $0 | $100,000 |
| 2020 | $1,972 | $100,000 | $0 | $100,000 |
| 2019 | $1,901 | $100,000 | $0 | $100,000 |
| 2018 | $1,743 | $95,000 | $0 | $95,000 |
| 2017 | $1,676 | $95,000 | $0 | $0 |
| 2016 | $1,493 | $67,760 | $0 | $0 |
| 2015 | $1,444 | $61,600 | $0 | $0 |
| 2014 | $1,283 | $56,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
C
Seller's Agent in 2025
Charles Azoulay
RECOM, LLC
(305) 213-7791
3 Total Sales
-
Seller's Agent in 2025
Joe Leone
Highlight Realty Corp/LW
(561) 846-0606
64 Total Sales
Map
Source: BeachesMLS
MLS Number: R11006065
APN: 00-42-45-26-09-029-2040
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