NOT LISTED FOR SALE

7348 Lake Meadow Way Unit 202 Boynton Beach, FL 33437

Palm Isles Neighborhood

Estimated Value: $320,672 - $357,000

3 Beds
2 Baths
1,822 Sq Ft
$650/mo HOA Fee

Last Sold March 16, 2021

Last sale price $215,000 $118 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,895/month

15 Days on Market

Highlights

  • Lake Front
  • Gated with Attendant
  • Clubhouse
  • Indoor Pool
  • Active Adult
  • High Ceiling

About This Home

As of March 2021

Great Location within walking distance to Clubhouse for this Large Second Floor Condo overlooking Lake. Screened in and Glassed in Large tiled Patio. Accordian Hurricane Shutters. Two Bedrooms plus Den with Wet Bar. Dining Room/Living Room, Eat In Kitchen. Home is VERY Bright, high ceilings, High Hat Lighting, Interior Elevator (walk in on First Floor then inside elevator opens into Living Room) Very Easy Living. All located in Palm Isles with its Fabulous Clubhouse. Over 50,000 sq. ft. of Amenities including Mens and Womens Spa Facilities including exercise, Tennis Courts, Pickleball, Theatre, Club Rooms, Billiards, Ceramics, Indoor and Outdoor pools, 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: 01/29/2021

Last Buyer's Agent

Robert Abrams

RE/MAX Gold License #3376168

RE/MAX Gold

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,130

Year Built

  • Built in 1996

Lot Details

  • Lake Front

HOA Fees

  • $650 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,822 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • High 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
  • Washer and Dryer

Parking

  • Attached Garage
  • Attached Carport

Outdoor Features

  • Indoor Pool
  • Enclosed Glass Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00424521031652020

Community Details

Overview

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

Amenities

  • Clubhouse
  • Billiard Room

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Community Indoor Pool

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,130

Year Built

Built in 1996

Lot Details

0

HOA Fees

$650 per month

Listing Details

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

Interior Features

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

Exterior Features

  • View: Lake
  • Pool Features: None, Association, Community, Indoor
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Glass Enclosed, Porch
  • 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: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 650.0
  • Community Features: Clubhouse, Gated, Pickleball, Pool, Tennis Court(s)
  • Senior Community: Yes
  • Amenities: Billiard Room, Clubhouse, Indoor Pool, Pickleball, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly

Fee Information

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

Lot Info

  • Parcel #: 00424521031652020
  • Zoning Description: RS

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2130.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2021
Closed on
Mar 5, 2021
Sold by
Tsang Marjorie and Tsang Norman
Bought by
Abdullah Abbas and Abdullah Shaheen M
Seller's Agent
Nancy Harper
Simply Hearth and Home Realty
Buyer's Agent
Robert Abrams
RE/MAX Gold
List Price
$229,000
Sold Price
$215,000
Premium/Discount to List
-$14,000
-6.11%
Current Estimated Value
$331,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,668
Avg. Annual Appreciation
9.97%
Original Mortgage
$150,500
Outstanding Balance
$134,913
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$196,755

Purchase Details

Closed on
Dec 12, 2020
Sold by
Tsang Marjorie and Estate Of Robert Tsang
Bought by
Tsang Marjorie and Chan Julie T

Purchase Details

Closed on
Jul 17, 2000
Sold by
Popkin Irma M
Bought by
Tsang Robert

Purchase Details

Closed on
Mar 4, 1997
Sold by
Oriole Homes Corp
Bought by
Mascolo Irma
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
Abdullah Abbas $215,000 First Priority Title Company
Tsang Marjorie -- Accommodation
Tsang Robert $145,000 --
Mascolo Irma $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abdullah Abbas $150,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2021 03/16/21 Sold $215,000 -6.1% $118 / Sq Ft
02/14/2021 02/14/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $229,000 -- $126 / 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 $5,758 $195,257 -- --
2023 $2,800 $189,570 $0 $0
2022 $2,764 $184,049 $0 $0
2021 $3,635 $190,828 $0 $190,828
2020 $2,130 $144,035 $0 $0
2019 $2,100 $140,797 $0 $0
2018 $1,990 $138,172 $0 $0
2017 $1,944 $135,330 $0 $0
2016 $1,940 $132,547 $0 $0
2015 $1,980 $131,626 $0 $0
2014 $1,981 $130,581 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    Nancy Harper

    Simply Hearth and Home Realty

    (561) 385-5978

    70 in this area

    76 Total Sales

    Nancy Harper
    Section Image
  • Robert Abrams

    Buyer's Agent in 2021

    Robert Abrams

    RE/MAX

    (856) 625-8697

    1 in this area

    46 Total Sales

    Robert Abrams
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10688368

BeachesMLS

APN: 00-42-45-21-03-165-2020

Florida Palm Beach County Boynton Beach 33437 Palm Isles

7348 Lake Meadow Way Unit 202, Boynton Beach, FL

This home is located at 7348 Lake Meadow Way Unit 202, Boynton Beach, FL 33437 since 29 January 2021 and is currently estimated at $331,668, approximately $182 per square foot. This property was built in 1996. 7348 Lake Meadow Way Unit 202 is a home located in Palm Beach County with nearby schools including Crystal Lakes Elementary School, Boynton Beach Community High School, and Ben Gamla Charter School Palm Beach.

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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