NOT LISTED FOR SALE

7288 Summer Tree Dr Unit B136 Boynton Beach, FL 33437

Valencia Pointe Neighborhood

Estimated Value: $331,382 - $430,000

2 Beds
2 Baths
1,722 Sq Ft
$505/mo HOA Fee

Last Sold November 15, 2012

Last sale price $157,500 $91 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $2,713/month

109 Days on Market

Highlights

  • Fitness Center
  • Senior Community
  • Vaulted Ceiling
  • Gated with Attendant
  • Clubhouse
  • Roman Tub

About This Home

As of November 2012

Do not miss this beautiful light and bright home with vaulted ceilings located very conveniently to the clubhouse. It comes equipped with accordion hurricane shutters. There is an extra closet in the den so it could be used as a third bedroom. There is tile throughout all the living areas except in the bedrooms. This villa is available furnished. There is a great screen enclosed patio with a beautiful garden view. Palm Isles is the place to be in which to spend your retirement. It offers lots of different clubs, has two fitness centers, an indoor pool and a State of The Art Theater. There is a full time aerobics instructor on site and many more amenities. There is also a cafe for breakfast and lunch.

Last Agent to Sell the Property

Marlene Klein

Inactive member License #111004 Listed on: 06/28/2012

Co-Listed By

Nancy Lipman

The Keyes Company License #3082205

Last Buyer's Agent

Bobbie Benson

Inactive member License #705388

Inactive member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,558

Year Built

  • Built in 1993

Lot Details

  • 1

HOA Fees

  • $505 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 1,722 Sq Ft Home
  • 1-Story Property
  • Furnished or left unfurnished upon request
  • Vaulted Ceiling
  • Ceiling Fan
  • Single Hung Metal Windows
  • Sliding Windows
  • Great Room
  • Combination Dining and Living Room
  • Den
  • Sun or Florida Room
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Roman Tub

Laundry

  • Dryer
  • Washer

Home Security

Utilities

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

Additional Features

  • Exterior Lighting
  • North Facing Home

Listing and Financial Details

  • Assessor Parcel Number 00424521031360020

Community Details

Overview

  • Senior Community
  • Association fees include management, common areas, cable TV, insurance, ground maintenance, pest control, roof, sewer, security, trash, water
  • Palm Isles Condo 01 03 Subdivision, Majestic Palm Ii Floorplan

Amenities

  • Clubhouse
  • Billiard Room
  • Community Library

Recreation

  • Tennis Courts
  • Shuffleboard Court
  • Fitness Center
  • Community Pool
  • Community Spa
  • Putting Green
  • Park
  • Trails

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,558

Year Built

Built in 1993

Lot Details

0

HOA Fees

$505 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Boynton Beach Blvd- betwen Jog and Hagen Ranch Road- entrance on north side
  • Year Built: 1993
  • Special Features: None

Interior Features

  • Interior Amenities: Garden Tub/Roman Tub, Living/Dining Room, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Negotiable
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1722.0
  • Dining Room Type: Den, Florida Room, Great Room
  • Stories: 1
  • Window Features: Metal, Single Hung, Sliding

Exterior Features

  • View: Garden
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: North
  • Roof: Barrel

Garage/Parking

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

Utilities

  • Security: Gated with Guard, Smoke Detector(s)
  • Green Building Features: Exterior Lighting
  • Cooling: Central Air, Ceiling Fan(s), 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: 505.0
  • Community Features: Clubhouse, Fitness, Park, Property Manager On-Site, Pool, Shuffleboard, Sidewalks, Tennis Court(s)
  • Senior Community: Yes
  • Amenities: Billiard Room, Clubhouse, Fitness Center, Library, Management, Pool, Putting Green(s), Shuffleboard Court, Spa/Hot Tub, Tennis Court(s), Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Grounds, Pest Control, Roof, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 00424521031360020
  • Zoning Description: Res

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 2558.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2012
Closed on
Nov 12, 2012
Sold by
Weinberg Claire I
Bought by
Gersh Malcom
Seller's Agent
Marlene Klein
Inactive member
Buyer's Agent
Bobbie Benson
Inactive member
List Price
$185,000
Sold Price
$157,500
Premium/Discount to List
-$27,500
-14.86%
Current Estimated Value
$359,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,096
Avg. Annual Appreciation
6.70%

Purchase Details

Closed on
Mar 24, 2008
Sold by
Kromnick Michael
Bought by
Weinberg Edward H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,500
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 2007
Sold by
Kromnick Lorraine and Hoffman Lorraine
Bought by
Kromnick Lorraine

Purchase Details

Closed on
Oct 30, 1997
Sold by
Kromnick Lorraine
Bought by
Kromnick Lorraine

Purchase Details

Closed on
Nov 20, 1993
Sold by
Oriole Homes Corp
Bought by
Kromnick Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.05%
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
Gersh Malcom $157,500 First Priority Title Company
Weinberg Edward H $215,000 Attorney
Kromnick Lorraine -- Attorney
Kromnick Lorraine $100 --
Kromnick Bruce $141,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weinberg Edward H $150,500
Previous Owner Kromnick Lorraine $275,000
Previous Owner Kromnick Bruce $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2012 11/15/12 Sold $157,500 -14.9% $91 / Sq Ft
10/16/2012 10/16/12 Pending -- -- --
06/28/2012 06/28/12 For Sale $185,000 -- $107 / 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 $2,668 $182,108 -- --
2023 $2,590 $176,804 $0 $0
2022 $2,555 $171,654 $0 $0
2021 $2,519 $166,654 $0 $0
2020 $2,495 $164,353 $0 $0
2019 $2,461 $160,658 $0 $0
2018 $2,334 $157,662 $0 $0
2017 $2,287 $154,419 $0 $0
2016 $2,285 $151,243 $0 $0
2015 $2,335 $150,192 $0 $0
2014 $2,337 $149,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R3292038

BeachesMLS

APN: 00-42-45-21-03-136-0020