NOT LISTED FOR SALE

7354 Lake Meadow Way Unit 201 Boynton Beach, FL 33437

Palm Isles Neighborhood

Estimated Value: $325,000 - $350,000

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

Last Sold June 03, 2019

Last sale price $205,000 $113 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,708/month

100 Days on Market

Highlights

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

About This Home

As of June 2019

Beautifully Bright 2nd Floor Condo Within Walking distance to Clubhouse! Screened in Lanai overlooking Lake to Clubhouse. Two Bedrooms plus Den. Open Floorplan with Double Sliders to patio. Tile in Main Areas. Eat In Kitchen and Living/Dining Room area. Private Elevator that opens into Living Room. Walk In on First Floor take elevator up or stairs. Laundry Room between bedrooms for convenience. Large Walk In Closet/Dressing Room. High Ceilings make it very bright. All located in the Community of Palm Isles with its Fabulous Clubhouse. Over 50,000 sq. ft. of amenities including Indoor/Outdoor Pools, 600 Seat Theatre of Performing Arts, 8 Har-Tru Tennis Courts, Lots of Card Rooms, Billiards, PickleBall, Mens and Womens Spa Facilities including Exercise. Even a Cafe for Breakfast and Lunch!

Last Agent to Sell the Property

Nancy Harper

Simply Hearth and Home Realty License #3034750 Listed on: 01/22/2019

Last Buyer's Agent

Eric Thornhill

The Keyes Company License #3409436

The Keyes Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,963

Year Built

  • Built in 1996

Lot Details

  • Lake Front

HOA Fees

  • $542 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

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Attached Carport

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00424521031662010

Community Details

Overview

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

Amenities

  • Clubhouse
  • Billiard Room

Recreation

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

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,963

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 on North Side to Main Entrance of Palm Isles Guard Gate.
  • Year Built: 1996
  • Carport Y N: Yes
  • Entry Level: 2
  • Year Built Details: Resale
  • Pets No Pets Comments: Other Pet Restrictions:Possible Restrictions
  • 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, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1822.0
  • Dining Room Type: Den, Laundry
  • Stories: 2

Exterior Features

  • View: Lake
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • 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, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 542.0
  • Community Features: Clubhouse, Pool, Shuffleboard, Tennis Court(s)
  • Senior Community: Yes
  • Amenities: Billiard Room, Clubhouse, Pool, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly

Fee Information

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

Lot Info

  • Parcel #: 00424521031662010
  • Lot Size: 50+ Acres
  • Lot Size Sq Ft: 6123264.0
  • Zoning Description: RS
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1963.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2019
Closed on
May 16, 2019
Sold by
Honig Michael R and Marlow Lorrie
Bought by
Stein Marc C
Seller's Agent
Nancy Harper
Simply Hearth and Home Realty
Buyer's Agent
Eric Thornhill
The Keyes Company
List Price
$225,000
Sold Price
$205,000
Premium/Discount to List
-$20,000
-8.89%
Current Estimated Value
$331,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,838
Avg. Annual Appreciation
7.89%
Original Mortgage
$143,500
Outstanding Balance
$126,166
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$205,672

Purchase Details

Closed on
Jun 14, 2001
Sold by
Lillian Marlow I
Bought by
Marlow Lillian Trust

Purchase Details

Closed on
Apr 18, 2000
Sold by
Beatrice Alpern Tr
Bought by
Worton Stanley N

Purchase Details

Closed on
Sep 18, 1996
Sold by
Oriole Homes Corp
Bought by
Marlow Lillian
Source: Public Records

Range of Values:

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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
Stein Marc C $205,000 First Priority Title Company
Marlow Lillian Trust -- --
Worton Stanley N $142,000 --
Marlow Lillian $139,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stein Marc C $143,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2019 06/03/19 Sold $205,000 -8.9% $113 / Sq Ft
05/04/2019 05/04/19 Pending -- -- --
01/23/2019 01/23/19 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 $4,805 $252,890 -- --
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 $1,961 $136,532 $0 $0
2017 $1,916 $133,724 $0 $0
2016 $1,911 $130,974 $0 $0
2015 $1,951 $130,064 $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: R10498273

BeachesMLS

APN: 00-42-45-21-03-166-2010