NOT LISTED FOR SALE

7342 Lake Meadow Way Unit 201 Boynton Beach, FL 33437

Palm Isles Neighborhood

Estimated Value: $320,000 - $362,000

3 Beds
2 Baths
1,822 Sq Ft
$516/mo HOA Fee

Last Sold March 29, 2017

Last sale price $187,500 $103 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,689/month

85 Days on Market

Highlights

  • Lake Front
  • Active Adult
  • Vaulted Ceiling
  • Gated with Attendant
  • Clubhouse
  • Community Pool

About This Home

As of March 2017

Great Location very near Clubhouse! Very bright second floor Condo with interior private elevator that opens into Living Area. Third Bedroom is set up as a Den with nice builtins. Laundry Room between Master bedroom and Guest Bedroom. Gorgeous patio overlooking water, very serene. Sliders to living room, dining room and master bedroom. All this located in 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, Card Rooms, 600 Seat Theatre of Performing Arts, 8 Har-Tru Tennis Courts, Exercise facilities, always something to do. 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: 12/03/2016

Last Buyer's Agent

Janice Palermo

Lindhaven Properties LLC License #3095105

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,555

Year Built

  • Built in 1996

Lot Details

  • Lake Front
  • North Facing Home

HOA Fees

  • $516 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,822 Sq Ft Home
  • 2-Story Property
  • Furnished or left unfurnished upon request
  • Vaulted Ceiling
  • Combination Dining and Living Room
  • Den
  • Lake Views
  • 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
  • 1 Attached Carport Space

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00424521031642010

Community Details

Overview

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

Amenities

  • Clubhouse
  • Billiard Room

Recreation

  • Tennis Courts
  • Shuffleboard Court
  • Community Pool
  • Community Spa
  • Trails

Security

  • Gated with Attendant
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,555

Year Built

Built in 1996

Lot Details

0

HOA Fees

$516 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 Entrance of Palm Isles on the North Side.
  • Year Built: 1996
  • Carport Y N: Yes
  • Entry Level: 2
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Dual Sinks, Eat-in Kitchen, Elevator, Living/Dining Room, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Negotiable
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, 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

  • View: Lake, Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: North
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Carport Spaces: 1.0
  • Garage Yn: No
  • Parking Features: Attached Carport, Attached, Garage

Utilities

  • Security: Security System, Gated with Guard, Security Guard, Smoke Detector(s)
  • Green Building Features: Exterior Lighting
  • 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: 516.0
  • Community Features: Clubhouse, Fitness, Pool, Shuffleboard, Tennis Court(s)
  • Senior Community: Yes
  • Amenities: Billiard Room, Clubhouse, Pool, Shuffleboard Court, Tennis Court(s), Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional

Fee Information

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

Lot Info

  • Parcel #: 00424521031642010
  • Zoning Description: RS

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 3555.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2023
Sold by
Lachs Donald R and Lachs Rachel R
Bought by
Donald R Lachs Revocable Trust and R Rachel Lachs Revocable Trust
Current Estimated Value
$335,203

Purchase Details

Listed on
Dec 3, 2016
Closed on
Mar 27, 2017
Sold by
Ross Robert and Ross Barbara
Bought by
Lachs Donald R
Seller's Agent
Nancy Harper
Simply Hearth and Home Realty
Buyer's Agent
Janice Palermo
Lindhaven Properties LLC
List Price
$199,000
Sold Price
$187,500
Premium/Discount to List
-$11,500
-5.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.06%

Purchase Details

Closed on
Mar 27, 2008
Sold by
Weiland Michael and Wions Lois
Bought by
Ross Robert

Purchase Details

Closed on
Mar 10, 2005
Sold by
Weiland Stanley
Bought by
Weiland Stanley and Stanley Weiland Revocable Trust

Purchase Details

Closed on
Mar 12, 1996
Sold by
Oriole Homes Corp
Bought by
Weiland Stanley
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
Donald R Lachs Revocable Trust -- None Listed On Document
Lachs Donald R $187,500 First Priority Title Co
Ross Robert $190,000 First Priority Title Company
Weiland Stanley -- --
Weiland Stanley $141,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2017 03/29/17 Sold $187,500 -5.8% $103 / Sq Ft
02/27/2017 02/27/17 Pending -- -- --
12/03/2016 12/03/16 For Sale $199,000 -- $109 / 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 $4,668 $305,000 -- --
2023 $4,497 $229,900 $0 $0
2022 $3,943 $209,000 $0 $0
2021 $3,621 $190,000 $0 $190,000
2020 $3,559 $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 $3,181 $151,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10288698

BeachesMLS

APN: 00-42-45-21-03-164-2010