NOT LISTED FOR SALE

5916 Summer Lake Ln Unit B Boynton Beach, FL 33437

Estimated Value: $323,000 - $343,000

2 Beds
2 Baths
1,469 Sq Ft
$433/mo HOA Fee

Last Sold May 20, 2016

Last sale price $145,000 $99 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $2,497/month

80 Days on Market

Highlights

  • Lake Front
  • Clubhouse
  • Community Pool
  • Active Adult
  • Garden View
  • Tennis Courts

About This Home

As of May 2016

Lovely 2BR-2FB unit located in Palm Chase Lakes Condo. Home features spacious floor-plan, pantry, neutral color kitchen & laundry at the garage. Spacious bedrooms with neatly-clean carpet. Screened patio. Community is a 55 and over which features pool,clu bhouse and tennis. Centrally located near schools, dining, shopping and main roads.Property # 095-007152. As is with all faults, no post-closing repairs or payments will be made for any reason.

Last Agent to Sell the Property

Corey Edwards

KW Reserve Palm Beach License #3224387 Listed on: 01/30/2016

Last Buyer's Agent

Lindsey Taylor

Re/Max Direct License #3243937

Re/Max Direct

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,279

Year Built

  • Built in 1988

Lot Details

  • Lake Front
  • West Facing Home

HOA Fees

  • $433 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,469 Sq Ft Home
  • 1-Story Property
  • Custom Mirrors
  • Garden Views
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 00424526280760020

Community Details

Overview

  • Active Adult
  • Palm Chase Lakes Condo Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,279

Year Built

Built in 1988

Lot Details

0

HOA Fees

$433 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Head south on Palm Chase Lakes Dr toward Palm Chase Lakes Ct
  • Year Built: 1988
  • Entry Level: 1
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: RealEstateOwned

Interior Features

  • Interior Amenities: Custom Mirrors, Pantry, Walk-In Closet(s)
  • Appliances: Dryer, Dishwasher, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1469.0
  • Stories: 1

Exterior Features

  • View: Garden
  • Pool Features: Association
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: West
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached, Covered, Garage

Utilities

  • Security: Key Card Entry
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 433.0
  • Senior Community: Yes
  • Amenities: Clubhouse, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Other

Lot Info

  • Parcel #: 00424526280760020

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 1279.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2016
Closed on
May 20, 2016
Sold by
Green Darice and Secretary Of Hud
Bought by
Mermelstein Pamela Benay
Seller's Agent
Corey Edwards
KW Reserve Palm Beach
Buyer's Agent
Lindsey Taylor
Re/Max Direct
List Price
$157,590
Sold Price
$145,000
Premium/Discount to List
-$12,590
-7.99%
Current Estimated Value
$330,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,925
Avg. Annual Appreciation
9.20%
Original Mortgage
$101,500
Outstanding Balance
$80,616
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$250,309

Purchase Details

Closed on
Jun 25, 2015
Sold by
Levine Ronni and Shadick Richard
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Nov 10, 1997
Sold by
Annette Stanley and Annette Shadick
Bought by
Shadick Stanley
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
Mermelstein Pamela Benay $145,000 Protective Title Services
Secretary Of Housing & Urban Development $151,500 First Intl Title Inc
Shadick Stanley $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mermelstein Pamela Benay $101,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2016 05/20/16 Sold $145,000 -8.0% $99 / Sq Ft
04/20/2016 04/20/16 Pending -- -- --
01/30/2016 01/30/16 For Sale $157,590 -- $107 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $3,623 $240,612 -- --
2023 $3,526 $233,604 $0 $0
2022 $3,485 $226,800 $0 $0
2021 $3,223 $167,000 $0 $167,000
2020 $3,246 $167,000 $0 $167,000
2019 $3,196 $162,000 $0 $162,000
2018 $3,105 $162,000 $0 $162,000
2017 $2,919 $150,000 $0 $0
2016 $2,899 $145,000 $0 $0
2015 $2,984 $145,000 $0 $0
2014 $1,279 $93,032 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F1377191

BeachesMLS (Greater Fort Lauderdale)

APN: 00-42-45-26-28-076-0020