NOT LISTED FOR SALE

7128 W Lake Dr West Palm Beach, FL 33406

Estimated Value: $1,185,000 - $1,650,000

2 Beds
2.5 Baths
2,603 Sq Ft
$520/Sq Ft Est. Value

Last Sold March 05, 2024

Last sale price $1,400,000 $538 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $7,811/month

33 Days on Market

Highlights

  • Lake Front
  • Deck
  • High Ceiling
  • Gunite Pool
  • Sun or Florida Room
  • Tennis Courts

About This Home

As of March 2024

Waterfront! Gorgeous mid-century modern home over 3,000sf on a huge lot with wide panoramic views of Lake Clarke (spring fed freshwater lake & part of original Everglades) in the very desirable WPB neighborhood known as Lake Clarke Shores. This meticulously cared for light-filled property features 2 bedrooms (can easily become 3 bdrms) two & 1/2 baths, swimming pool, renovated kitchen, open beam vaulted tongue 'n groove wood ceilings, with living spaces designed to enjoy the water views. The many unique architectural details will delight! No HOA in this friendly boating community with miles of navigable waterways, private police dept, playgrounds, tennis & more while conveniently located near I-95, shopping, dining, local beaches, PBI airport & more! Carport can be turned into garage

Last Agent to Sell the Property

Haydee Levitt

Sotheby's Intl. Realty, Inc. License #3258152 Listed on: 01/09/2024

Sotheby's Intl. Realty, Inc.

Last Buyer's Agent

Joan Alpert

Century 21 Stein Posner License #3298197

Century 21 Stein Posner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,076

Year Built

  • Built in 1957

Lot Details

  • 0.35 Acre Lot
  • Lake Front
  • Home fronts navigable water
  • Sprinkler System
  • Property is zoned SF

Home Design

  • Tar and Gravel Roof

Interior Spaces

  • 2,603 Sq Ft Home
  • 1-Story Property
  • Furnished or left unfurnished upon request
  • High Ceiling
  • French Doors
  • Entrance Foyer
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Tile Flooring
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Parking

  • Attached Garage
  • Circular Driveway

Pool

  • Gunite Pool
  • Pool Equipment or Cover

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 34434408110040150

Community Details

Overview

  • Lake Clarke Shores Subdivision

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,076

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: I-95 to Forest Hill Blvd, Exit west to 2nd left, W Lake Drive and turn left. 7128 will be on your left.
  • Year Built: 1957
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Entrance Foyer, Eat-in Kitchen, French Door(s)/Atrium Door(s), High Ceilings, Living/Dining Room, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: French Doors
  • Flooring: Tile
  • Living Area: 2603.0
  • Dining Room Type: Florida Room, Laundry, Storage Room
  • Stories: 1

Exterior Features

  • Exterior Features: Deck
  • View: Lake
  • Lot Features: Sprinklers Automatic
  • Pool Features: Gunite, Pool Equipment, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Lake Front, Navigable Water
  • Waterfront: Yes
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Patio And Porch Features: Deck
  • Property Condition: Resale
  • Roof: Tar/Gravel

Garage/Parking

  • Attached Garage: Yes
  • Garage Yn: No
  • Parking Features: Attached, Circular Driveway, Covered, Driveway, Garage, Two or More Spaces

Utilities

  • Laundry Features: Laundry Tub
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated, Park, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Tennis Court(s)
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 34434408110040150
  • Lot Size: 1/4 to 1/2 Acre,Paved Ro
  • Lot Size Sq Ft: 15224.0
  • Zoning Description: SF
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 16076.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2024
Closed on
Apr 5, 2024
Sold by
Mitchell Kimberly
Bought by
Sterling Elaine
Seller's Agent
Haydee Levitt
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Joan Alpert
Century 21 Stein Posner
List Price
$1,650,000
Sold Price
$1,400,000
Premium/Discount to List
-$250,000
-15.15%
Views
44
Current Estimated Value
$1,352,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$47,041
Avg. Annual Appreciation
-2.15%
Original Mortgage
$1,040,000
Outstanding Balance
$1,024,637
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$328,322

Purchase Details

Listed on
Apr 26, 2018
Closed on
Sep 17, 2018
Sold by
Fountain Donald R and Fountain Lynn L
Bought by
Mitchell Kimberly
Seller's Agent
Jeff Skulnik
Sutter & Nugent LLC
List Price
$549,000
Sold Price
$525,000
Premium/Discount to List
-$24,000
-4.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.64%
Original Mortgage
$410,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2014
Sold by
Fountain Donald R and Fountain Lynn Lytal
Bought by
The Donald R Fountain & Lynn L Fountain
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
Sterling Elaine $1,400,000 None Listed On Document
Mitchell Kimberly $525,000 First International Title In
The Donald R Fountain & Lynn L Fountain -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sterling Elaine $1,040,000
Previous Owner Mitchell Kimberly $410,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2024 03/05/24 Sold $1,400,000 -6.0% $538 / Sq Ft
02/12/2024 02/12/24 Pending -- -- --
01/26/2024 01/26/24 Price Changed $1,490,000 -9.7% $572 / Sq Ft
01/09/2024 01/09/24 For Sale $1,650,000 +214.3% $634 / Sq Ft
09/17/2018 09/17/18 Sold $525,000 -4.4% $201 / Sq Ft
08/18/2018 08/18/18 Pending -- -- --
04/26/2018 04/26/18 For Sale $549,000 -- $210 / 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 $7,642 $377,335 -- --
2023 $7,473 $705,537 $426,120 $279,417
2022 $7,414 $355,675 $0 $0
2021 $7,334 $345,316 $0 $0
2020 $6,729 $317,866 $0 $0
2019 $10,448 $427,417 $200,000 $227,417
2018 $3,794 $197,083 $0 $0
2017 $3,742 $193,029 $0 $0
2016 $1,876 $189,059 $0 $0
2015 $3,784 $187,745 $0 $0
2014 $3,782 $186,255 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Haydee Levitt

    Seller's Agent in 2024

    Haydee Levitt

    Sotheby's Intl. Realty, Inc.

    (561) 818-9341

    15 in this area

    54 Total Sales

    Haydee Levitt
    Section Image
  • Joan Alpert

    Buyer's Agent in 2024

    Joan Alpert

    Century 21 Stein Posner

    (678) 618-8811

    1 in this area

    54 Total Sales

    Joan Alpert
    Section Image
  • Jeff Skulnik

    Seller's Agent in 2018

    Jeff Skulnik

    Sutter & Nugent LLC

    (561) 504-5033

    9 in this area

    87 Total Sales

    Jeff Skulnik
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10948520

BeachesMLS

APN: 34-43-44-08-11-004-0150

Florida Palm Beach County West Palm Beach 33406

7128 W Lake Dr, West Palm Beach, FL

This home is located at 7128 W Lake Dr, West Palm Beach, FL 33406 since 09 January 2024 and is currently estimated at $1,352,959, approximately $519 per square foot. This property was built in 1957. 7128 W Lake Dr is a home located in Palm Beach County with nearby schools including Meadow Park Elementary School, Conniston Middle School, and Forest Hill Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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