NOT LISTED FOR SALE

7031 Summer Tree Dr Unit 201 Boynton Beach, FL 33437

Palm Isles Neighborhood

Estimated Value: $316,000 - $361,000

3 Beds
2 Baths
1,822 Sq Ft
$542/mo HOA Fee

Last Sold December 31, 2019

Last sale price $210,000 $115 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,555/month

27 Days on Market

Highlights

  • Lake Front
  • Gated with Attendant
  • 6,123,264 Sq Ft lot
  • Indoor Pool
  • Active Adult
  • Clubhouse

About This Home

As of December 2019

Great Location for this private Second Floor Condo with Interior Elevator that opens into your Living Room. Covered Glass enclosed Balcony overlooking park like area and Lake. Very Close to Clubhouse, just a short walk. Tile in Main Areas with carpet in Bedrooms. Laundry Room between bedrooms with extra cabinets and upgraded Washer and Dryer. Stainless Steel Fridge, DW and Stove. All located in the Community of Palm Isles with its fabulous clubhouse. Over 50,000 sq. ft. of amenities including Indoor and Outdoor Pools, Mens and Womens spa facilities including exercise, Billiards, 600 Seat Theatre of Performing Arts, 8 Har-Tru Tennis Courts with Pickleball, Even a Cafe for Breakfast and Lunch! This is the place to Be!

Last Agent to Sell the Property

Nancy Harper

Simply Hearth and Home Realty License #3034750 Listed on: 11/03/2019

Last Buyer's Agent

Sara Schaeffer

Luxury Partners Realty License #626129

Luxury Partners Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,569

Year Built

  • Built in 1996

Lot Details

  • Lake Front
  • Southwest Facing Home

HOA Fees

  • $542 Monthly HOA Fees

Property Views

  • Lake
  • Garden

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,822 Sq Ft Home
  • 2-Story Property
  • Furnished or left unfurnished upon request
  • High Ceiling
  • Combination Dining and Living Room
  • Den
  • Home Security System

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

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 00424521030972010

Community Details

Overview

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

Amenities

  • Sauna
  • Clubhouse

Recreation

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

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,569

Year Built

Built in 1996

Lot Details

0

HOA Fees

$542 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Boynton Beach Blvd (w) One Lite past Jog Road to Main Entrance of Palm Isles on North side. Manned Guard Gate.
  • Year Built: 1996
  • Carport Y N: Yes
  • Entry Level: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Eat-in Kitchen, Elevator, High Ceilings, Living/Dining Room, Separate Shower, Walk-In Closet(s)
  • Furnished: Negotiable
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1822.0
  • Dining Room Type: Den, Laundry
  • Stories: 2

Exterior Features

  • Exterior Features: Patio
  • View: Garden, Lake
  • Pool Features: None, Association, Community, Indoor
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: Southwest
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Security: Security System, Gated with Guard, Security Guard
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 542.0
  • Community Features: Clubhouse, Pickleball, Pool, Sauna, Shuffleboard, Tennis Court(s)
  • Senior Community: Yes
  • Amenities: Clubhouse, Indoor Pool, Pickleball, Pool, Shuffleboard Court, Sauna, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional

Fee Information

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

Lot Info

  • Parcel #: 00424521030972010
  • Lot Size Sq Ft: 6123264.0
  • Zoning Description: RS
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3569.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2019
Closed on
Dec 11, 2019
Sold by
Ingberg Debbie and Revocable Trust Agmt Of Ethel
Bought by
Campolo Kathleen R
Seller's Agent
Nancy Harper
Simply Hearth and Home Realty
Buyer's Agent
Sara Schaeffer
Luxury Partners Realty
List Price
$225,000
Sold Price
$210,000
Premium/Discount to List
-$15,000
-6.67%
Current Estimated Value
$335,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,232
Avg. Annual Appreciation
8.46%
Original Mortgage
$157,500
Outstanding Balance
$138,859
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$196,373

Purchase Details

Closed on
Sep 16, 1999
Sold by
Molly Gan Tr
Bought by
Ingberg Ethel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,200
Interest Rate
7.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 1997
Sold by
Oriole Homes Corp
Bought by
Gan Molly
Source: Public Records

Range of Values:

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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
Campolo Kathleen R $210,000 First Priority Title Company
Ingberg Ethel $129,000 --
Gan Molly $132,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campolo Kathleen R $157,500
Previous Owner Gan Molly $103,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2019 12/31/19 Sold $210,000 -6.7% $115 / Sq Ft
12/01/2019 12/01/19 Pending -- -- --
11/03/2019 11/03/19 For Sale $225,000 -- $123 / 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 $2,826 $204,985 -- --
2023 $2,741 $199,015 $0 $0
2022 $2,698 $193,218 $0 $0
2021 $2,661 $187,590 $0 $0
2020 $2,636 $185,000 $0 $185,000
2019 $3,780 $195,000 $0 $195,000
2018 $3,569 $189,000 $0 $189,000
2017 $3,598 $189,000 $0 $0
2016 $3,555 $181,500 $0 $0
2015 $3,352 $165,000 $0 $0
2014 $1,952 $129,032 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10574964

BeachesMLS

APN: 00-42-45-21-03-097-2010