7400 W Lake Dr West Palm Beach, FL 33406
Estimated Value: $1,464,000 - $2,525,000
3
Beds
3
Baths
3,017
Sq Ft
$719/Sq Ft
Est. Value
Highlights
- Lake Front
- Outdoor Pool
- Lanai
- Dock has access to electricity
- 1.02 Acre Lot
- No HOA
About This Home
As of November 2022One of a kind, this stunning estate-like property is situated on one acre of waterfront land and is located directly on the main lake with wide water views of Lake Clarke Shores. Featuring 4,717 sq. ft. under roof and 3,017 sq. ft. under A/C rests this sprawling one story CBS ranch style home. With 3 bedrooms, 3.5 bathrooms and plenty of living space to host most families/ groups this home is unique in the fact that it is priced to either renovate existing and/ or tear down and build a large 2-story home with an existing covered boathouse and dock. Boasting a swimming pool to the east adjacent to the seawall and the lake as well as many mature trees and privacy hedges, this home and its lush property are unlike any other in the Town of Lake Clarke. Close to area beaches, I-95, PBI airport, local dining and shopping.
Last Agent to Sell the Property
Brown Harris Stevens of Palm Beach 7232 License #SL3228432 Listed on: 08/22/2022
Last Buyer's Agent
SABRA VAN DER POEL
REBACK REALTY INC
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,127
Year Built
- Built in 1969
Lot Details
- 1.02 Acre Lot
- Lake Front
- West Facing Home
- Fenced Front Yard
- Sprinkler System
Home Design
- Asphalt Shingled Roof
- Asphalt Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 3,017 Sq Ft Home
- 1-Story Property
- Sliding Windows
- Hurricane or Storm Shutters
Kitchen
- Electric Range
- Freezer
- Dishwasher
Flooring
- Wall to Wall Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Laundry
- Dryer
- Washer
Parking
- 2 Car Attached Garage
- Carport
Outdoor Features
- Outdoor Pool
- Dock has access to electricity
- Dock made with wood
- Patio
- Lanai
Utilities
- Central Heating and Cooling System
- Septic System
Community Details
- No Home Owners Association
- Fla Mango Grovelets Subdivision
Listing and Financial Details
- Homestead Exemption
- Assessor Parcel Number 34434408060070202
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 22, 2022
Closed on
Nov 28, 2022
Sold by
Burk Richard B and Hedrick Cathleen Thomson
Bought by
Gerard Lisa G
Seller's Agent
Sabra Kirkpatrick
Brown Harris Stevens of Palm Beach 7232
Buyer's Agent
SABRA VAN DER POEL
REBACK REALTY INC
List Price
$2,650,000
Sold Price
$2,275,000
Premium/Discount to List
-$375,000
-14.15%
Total Days on Market
58
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$104,299
Avg. Annual Appreciation
-1.86%
Original Mortgage
$500,000
Outstanding Balance
$486,971
Interest Rate
6.31%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,683,582
Purchase Details
Listed on
Aug 22, 2022
Closed on
Nov 16, 2022
Sold by
Lake Worth Drainage District
Bought by
Burk Richard B and Hedrick Cathleen Thomson
Seller's Agent
Sabra Kirkpatrick
Brown Harris Stevens of Palm Beach 7232
Buyer's Agent
SABRA VAN DER POEL
REBACK REALTY INC
List Price
$2,650,000
Sold Price
$2,275,000
Premium/Discount to List
-$375,000
-14.15%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$486,971
Interest Rate
6.31%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,683,582
Purchase Details
Closed on
Jun 16, 2020
Sold by
Burk Carol T
Bought by
Burk Carol T and Hedrick Cathleen Thomson
Purchase Details
Closed on
Dec 4, 1997
Sold by
Pr Regina Doll
Bought by
Burk Richard B
Similar Homes in West Palm Beach, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gerard Lisa G | $2,275,000 | None Listed On Document | |
| Burk Richard B | -- | -- | |
| Burk Carol T | -- | Attorney | |
| Burk Richard B | $212,000 | -- | |
| Burk Richard B | $100 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gerard Lisa G | $500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/28/2022 11/28/22 | Sold | $2,275,000 | -14.2% | $754 / Sq Ft |
| 10/19/2022 10/19/22 | Pending | -- | -- | -- |
| 08/22/2022 08/22/22 | For Sale | $2,650,000 | -- | $878 / Sq Ft |
Source: Palm Beach Board of REALTORS®
Tax History Compared to Growth
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 | $20,319 | $944,352 | -- | -- |
| 2023 | $19,920 | $916,847 | $0 | $0 |
| 2022 | $8,162 | $386,408 | $0 | $0 |
| 2021 | $8,127 | $375,153 | $0 | $0 |
| 2020 | $8,057 | $369,973 | $0 | $0 |
| 2019 | $7,943 | $361,655 | $0 | $0 |
| 2018 | $7,601 | $354,912 | $0 | $0 |
| 2017 | $7,514 | $347,612 | $0 | $0 |
| 2016 | $7,487 | $340,462 | $0 | $0 |
| 2015 | $7,614 | $338,095 | $0 | $0 |
| 2014 | $7,613 | $335,412 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Sabra Kirkpatrick
S
Seller's Agent in 2022
Sabra Kirkpatrick
Brown Harris Stevens of Palm Beach 7232
(561) 628-2077
41 in this area
274 Total Sales
-
Sarah Koenig
S
Seller Co-Listing Agent in 2022
Sarah Koenig
Brown Harris Stevens of Palm Beach 7232
(561) 662-9570
24 in this area
105 Total Sales
-
S
Buyer's Agent in 2022
SABRA VAN DER POEL
REBACK REALTY INC
Map
Source: Palm Beach Board of REALTORS®
MLS Number: 22-1238
APN: 34-43-44-08-06-007-0202
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