NOT LISTED FOR SALE

7384 Lake Meadow Way Unit 202 Boynton Beach, FL 33437

Palm Isles Neighborhood

Estimated Value: $323,000 - $429,000

2 Beds
2 Baths
1,822 Sq Ft
$508/mo HOA Fee

Last Sold September 14, 2015

Last sale price $225,000 $123 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,659/month

39 Days on Market

Highlights

  • Lake Front
  • Active Adult
  • Vaulted Ceiling
  • Gated with Attendant
  • Clubhouse
  • Sauna

About This Home

As of September 2015

Beautiful and Immaculate 2nd Floor Condo with glassed in/screened in Patio with Lake view very near Clubhouse. Elevator and stairs in home. Two Bedroom plus den. Eat in Kitchen and Living/Dining Area. Kitchen all redone with granite countertops, stainless steel appliances and cabinetry with pull out drawers. Very nicely done. Just move in. All this located in the Community of Palm Isles with it's fabulous Clubhouse. Over 50,000 sq. ft. of amenities. Indoor and Outdoor Pools, 600 Seat Theatre of Performing Arts, 8 Har-Tru Tennis Courts, Lots of Card Rooms, Billiards, Ceramics, lots 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: 07/06/2015

Last Buyer's Agent

Marilyn Tako

Signature International RE License #3229786

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,962

Year Built

  • Built in 1991

Lot Details

  • Lake Front
  • South Facing Home

HOA Fees

  • $508 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,822 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Den
  • Lake Views
  • Home Security System

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • 1 Attached Carport Space

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00424521031712020

Community Details

Overview

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

Amenities

  • Sauna
  • Clubhouse
  • Game Room

Recreation

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

Security

  • Gated with Attendant
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,962

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. (w) one Lite past Jog Road on North Side to Entrance. Palm Isles
  • Year Built: 1991
  • Carport Y N: Yes
  • Entry Level: 2
  • 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: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Living Area: 1822.0
  • Dining Room Type: Den
  • Stories: 2

Exterior Features

  • Exterior Features: Patio
  • View: Lake, Water
  • Pool Features: None, Community
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: South
  • Patio And Porch Features: Patio

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)
  • 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: 508.0
  • Community Features: Clubhouse, Fitness, Game Room, Pool, Sauna, Shuffleboard, Tennis Court(s)
  • Senior Community: Yes
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional

Fee Information

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

Lot Info

  • Parcel #: 00424521031712020
  • Zoning Description: Resident

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 1962.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2015
Closed on
Sep 3, 2015
Sold by
Wolfeld Doris J
Bought by
Scharf Stuart
Seller's Agent
Nancy Harper
Simply Hearth and Home Realty
Buyer's Agent
Marilyn Tako
Signature International RE
List Price
$235,000
Sold Price
$225,000
Premium/Discount to List
-$10,000
-4.26%
Current Estimated Value
$356,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,611
Avg. Annual Appreciation
4.68%
Original Mortgage
$157,500
Outstanding Balance
$123,832
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$232,779

Purchase Details

Closed on
Feb 14, 2011
Sold by
Wolfeld Edward J and Edward J Wolfeld Revocable Tru
Bought by
Wolfeld Edward J

Purchase Details

Closed on
Aug 29, 2002
Sold by
Wolfeld Edward J
Bought by
Wolfeld Edward J

Purchase Details

Closed on
May 7, 1997
Sold by
Oriole Homes Corp
Bought by
Wolfeld Edward J and Wolfeld Edna
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
Scharf Stuart $225,000 First Priority Title Company
Wolfeld Edward J -- Attorney
Wolfeld Edward J -- --
Wolfeld Edward J $136,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scharf Stuart $157,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2015 09/14/15 Sold $225,000 -4.3% $123 / Sq Ft
08/15/2015 08/15/15 Pending -- -- --
07/06/2015 07/06/15 For Sale $235,000 -- $129 / 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 $3,040 $204,985 -- --
2023 $2,955 $199,015 $0 $0
2022 $2,918 $193,218 $0 $0
2021 $2,882 $187,590 $0 $0
2020 $2,858 $185,000 $0 $185,000
2019 $3,028 $192,591 $0 $0
2018 $2,873 $189,000 $0 $189,000
2017 $2,892 $189,000 $0 $0
2016 $3,560 $182,000 $0 $0
2015 $1,960 $130,064 $0 $0
2014 $1,962 $129,032 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10149599

BeachesMLS

APN: 00-42-45-21-03-171-2020