NOT LISTED FOR SALE

7031 Summer Tree Dr Unit 101 Boynton Beach, FL 33437

Palm Isles Neighborhood

Estimated Value: $304,000 - $375,000

2 Beds
2 Baths
1,616 Sq Ft
$700/mo HOA Fee

Last Sold July 14, 2023

Last sale price $330,000 $204 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,588/month

136 Days on Market

Highlights

  • Lake Front
  • Gated with Attendant
  • 43,560 Sq Ft lot
  • Indoor Pool
  • Active Adult
  • Clubhouse

About This Home

As of July 2023

2 bedroom 2 full bath first floor condo features eat-in kitchen, dining room, living room, den, screened in large patio with view of the lake and beautiful landscaping, full size washer and dryer in the roomy laundry room. Come and see this fully furnished, move in ready home on the most desirable block on Palm Isles! This condo is walking distance to the Palm Isles clubhouse and all of the communities amazing amenities! Don't miss your chance to live right in the middle of Boynton Beach's best and most active 55+ community! 3 swimming pools plus 1 indoor pool, tennis, pickleball, gym, clubs and so much more.

Last Agent to Sell the Property

Debbie Smith

Reliant Realty ERA Powered License #3493116 Listed on: 02/27/2023

Reliant Realty ERA Powered

Last Buyer's Agent

Marjorie Gould PA

Berkshire Hathaway Florida Realty License #3036560

Berkshire Hathaway Florida Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,689

Year Built

  • Built in 1991

Lot Details

  • Lake Front

HOA Fees

  • $700 Monthly HOA Fees

Property Views

  • Lake
  • Garden

Home Design

  • Entry on the 101st floor

Interior Spaces

  • 1,616 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Vaulted Ceiling
  • Combination Dining and Living Room
  • Den
  • Sun or Florida Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • Attached Garage
  • Attached Carport

Outdoor Features

  • Indoor Pool
  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00424521030971010

Community Details

Overview

  • Active Adult
  • Association fees include common areas, cable TV, insurance, ground maintenance, maintenance structure, roof, security, water
  • Palm Isles I, II And III Subdivision

Amenities

  • Clubhouse
  • Game Room
  • Billiard Room

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Bocce Ball Court
  • Shuffleboard Court
  • Community Indoor Pool
  • Community Spa

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,689

Year Built

Built in 1991

Lot Details

0

HOA Fees

$700 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Boynton Beach Blvd, 1st light West of Jog Rd. - 3rd right after gate - Immediate right - follow to 7031 on your right side
  • Year Built: 1991
  • Carport Y N: Yes
  • Entry Level: 101
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Eat-in Kitchen, Elevator, Living/Dining Room, Split Bedrooms, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Furnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Laminate
  • Living Area: 1616.0
  • Dining Room Type: Den, Florida Room, Laundry, Storage Room
  • Stories: 1

Exterior Features

  • Exterior Features: Patio
  • View: Garden, Lake
  • Pool Features: None, Association, Community, Indoor
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Yn: No
  • Parking Features: Attached Carport, Attached, Garage

Utilities

  • Security: Gated with Guard
  • 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: 700.0
  • Community Features: Bocce Court, Clubhouse, Game Room, Gated, Pickleball, Property Manager On-Site, Pool, Shuffleboard, Street Lights, Sidewalks, Tennis Court(s)
  • Senior Community: Yes
  • Amenities: Bocce Court, Billiard Room, Clubhouse, Indoor Pool, Management, Pickleball, Pool, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Roof, Security, Water

Lot Info

  • Parcel #: 00424521030971010
  • Lot Size Sq Ft: 43560.0
  • Zoning Description: RS
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2689.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2023
Closed on
Jun 30, 2023
Sold by
Weiner Martin
Bought by
Gould Jeffrey H and Gould Marjorie B
Seller's Agent
Debbie Smith
Reliant Realty ERA Powered
Buyer's Agent
Marjorie Gould PA
Berkshire Hathaway Florida Realty
List Price
$360,000
Sold Price
$330,000
Premium/Discount to List
-$30,000
-8.33%
Views
104
Current Estimated Value
$323,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,637
Avg. Annual Appreciation
-0.91%
Original Mortgage
$247,500
Outstanding Balance
$241,508
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$81,855

Purchase Details

Listed on
May 29, 2018
Closed on
Jul 12, 2018
Sold by
Grosky Stephen A and Faerberg Jennifer
Bought by
Weiner Martin N
Seller's Agent
Nancy Harper
Simply Hearth and Home Realty
Buyer's Agent
Charles Sakolsky
Illustrated Properties
List Price
$230,000
Sold Price
$220,000
Premium/Discount to List
-$10,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.43%

Purchase Details

Closed on
May 30, 2003
Sold by
Posner Marjorie C
Bought by
Posner Marjorie C

Purchase Details

Closed on
Jul 26, 2002
Sold by
Pertes Richard A and Pertes Helen
Bought by
Posner Marjorie C

Purchase Details

Closed on
Oct 2, 1997
Sold by
Oriole Homes Corp
Bought by
Pertes Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,200
Interest Rate
7.46%
Mortgage Type
New Conventional
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
Gould Jeffrey H $330,000 Signature Title Services
Weiner Martin N $220,000 First Priority Title Company
Posner Marjorie C -- --
Posner Marjorie C $167,000 --
Pertes Richard A $124,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gould Jeffrey H $247,500
Previous Owner Pertes Richard A $99,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2023 07/14/23 Sold $330,000 -2.7% $204 / Sq Ft
05/01/2023 05/01/23 Price Changed $339,000 -5.8% $210 / Sq Ft
02/27/2023 02/27/23 For Sale $360,000 +63.6% $223 / Sq Ft
07/13/2018 07/13/18 Sold $220,000 -4.3% $136 / Sq Ft
06/13/2018 06/13/18 Pending -- -- --
05/29/2018 05/29/18 For Sale $230,000 -- $142 / 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 $2,087 $146,422 -- --
2023 $4,746 $267,949 $0 $267,949
2022 $2,689 $179,600 $0 $0
2021 $2,653 $174,369 $0 $0
2020 $2,629 $171,962 $0 $171,962
2019 $2,856 $182,912 $0 $182,912
2018 $1,686 $120,055 $0 $0
2017 $1,642 $117,586 $0 $0
2016 $1,636 $115,167 $0 $0
2015 $1,669 $114,366 $0 $0
2014 $1,669 $113,458 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10869301

BeachesMLS

APN: 00-42-45-21-03-097-1010