NOT LISTED FOR SALE

7378 Lake Meadow Way Unit 101 Boynton Beach, FL 33437

Palm Isles Neighborhood

Estimated Value: $298,571 - $356,000

2 Beds
2 Baths
1,616 Sq Ft
$508/mo HOA Fee

Last Sold June 29, 2018

Last sale price $220,000 $136 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,587/month

33 Days on Market

Highlights

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

About This Home

As of June 2018

Immaculate First Floor Condo Overlooking Long Lake to Clubhouse. Great Location near Clubhouse. Great Floorplan, Two Bedrooms/Two Bath plus Den. Glassed In/Screened In Tiled Lanai. Also another side patio off kitchen for BBQ'ing. Eat In Kitchen and Living/Dining Area. Laundry Room located between Master Bedroom and Guest Bedroom. A/C is approximately one year old. Park under a carport right in front of your door. Also an extra private storage room for all your items. This is a definite must see. All located in the Community of Palm Isles with its Fabulous Clubhouse. Over 50,000 sq. ft. of amenities including Indoor and Outdoor Pools. 8 Har-Tru Tennis Courts, 600 Seat Theatre of Performing Arts, Lots of card rooms, billiards, Pickle Ball, even a Cafe for Breakfast and Lunch!

Last Agent to Sell the Property

Nancy Harper

Simply Hearth and Home Realty License #3034750 Listed on: 04/26/2018

Last Buyer's Agent

Barbara Sieker

Inactive Member License #3039375

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,324

Year Built

  • Built in 1991

Lot Details

  • 140.57

HOA Fees

  • $508 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,616 Sq Ft Home
  • 1-Story Property
  • Furnished or left unfurnished upon request
  • Combination Dining and Living Room
  • Den
  • Lake Views
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

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

Additional Features

  • Patio
  • Lake Front

Listing and Financial Details

  • Assessor Parcel Number 00424521031701010

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

  • Sauna
  • Clubhouse
  • Billiard Room

Recreation

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

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,324

Year Built

Built in 1991

Lot Details

0

HOA Fees

$508 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Boynton Beach Blvd West 1 light past Jog Road on North side to Main Entrance of Palm Isles.
  • Year Built: 1991
  • Carport Y N: Yes
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Dual Sinks, Eat-in Kitchen, Living/Dining Room, Separate Shower, Walk-In Closet(s)
  • Furnished: Negotiable
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1616.0
  • Dining Room Type: Den, Laundry
  • Stories: 1

Exterior Features

  • Exterior Features: Patio
  • View: Lake
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • 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: 508.0
  • Community Features: Clubhouse, Pool, Sauna, Shuffleboard, Tennis Court(s)
  • Senior Community: Yes
  • Amenities: Billiard Room, Clubhouse, Pool, Shuffleboard Court, Sauna, 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 #: 00424521031701010
  • Lot Size Sq Ft: 6123264.0
  • Zoning Description: RS
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3324.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2018
Closed on
Jun 21, 2018
Sold by
Schwartz Schwartz Phyllis Phyllis and Schwartz Strobel Tammy
Bought by
Schulman Jerry
Seller's Agent
Nancy Harper
Simply Hearth and Home Realty
Buyer's Agent
Barbara Sieker
Inactive Member
List Price
$230,000
Sold Price
$220,000
Premium/Discount to List
-$10,000
-4.35%
Current Estimated Value
$320,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,893
Avg. Annual Appreciation
5.33%
Original Mortgage
$154,000
Outstanding Balance
$133,482
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$187,411

Purchase Details

Closed on
Dec 2, 2013
Sold by
Schwartz Phyllis and Schwartz Strobel Tammy
Bought by
Schwartz Phyllis

Purchase Details

Closed on
Apr 13, 2009
Sold by
Flusty Sally
Bought by
Schwartz Phyllis

Purchase Details

Closed on
Mar 19, 1998
Sold by
Oriole Homes Corp
Bought by
Lamberg Marsha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,800
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 1997
Sold by
Oriole Homes Corp
Bought by
Flusty Norton
Source: Public Records

Range of Values:

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Average Value
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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
Schulman Jerry $220,000 First Priority Title Company
Schwartz Phyllis -- Attorney
Schwartz Phyllis $180,000 Attorney
Lamberg Marsha $132,100 --
Flusty Norton $130,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schulman Jerry $154,000
Previous Owner Flusty Norton $104,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2018 06/29/18 Sold $220,000 -4.3% $136 / Sq Ft
05/30/2018 05/30/18 Pending -- -- --
04/26/2018 04/26/18 For Sale $230,000 -- $142 / 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 $4,448 $232,925 -- --
2023 $4,180 $211,750 $0 $0
2022 $3,668 $192,500 $0 $0
2021 $3,360 $175,000 $0 $175,000
2020 $3,314 $171,000 $0 $171,000
2019 $3,513 $180,000 $0 $180,000
2018 $3,328 $175,000 $0 $175,000
2017 $3,324 $175,000 $0 $0
2016 $3,185 $156,659 $0 $0
2015 $3,012 $142,417 $0 $0
2014 $2,762 $129,470 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10426731

BeachesMLS

APN: 00-42-45-21-03-170-1010