NOT LISTED FOR SALE

7408 Lake Meadow 101 Way Unit 101 Boynton Beach, FL 33437

Palm Isles Neighborhood

Estimated Value: $301,820 - $372,000

3 Beds
2 Baths
1,616 Sq Ft
$650/mo HOA Fee

Last Sold June 30, 2021

Last sale price $245,000 $152 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,819/month

100 Days on Market

Highlights

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

About This Home

As of June 2021

FINALLY A BEAUTIFUL HIGHLY DESIRED 1ST FLOOR LAKE FRONT FURNISHED CONDO OFFERING AN ENCLOSED & TILED LANAI, EQUIPPED W/ACCORDION HURRICANE SHUTTERS & IS WALKING DISTANCE TO THE CLUBHOUSE/POOL! Condo assoc takes CARE OF ROOF & WATER! DON'T MISS THIS GREAT OPPORTUNITY. 2BR+DEN/2BA W/WASHER & DRYER IN THE UNIT. FABULOUS RELAXING LAKE VIEWS FROM MANY ROOMS IN THE HOME. THERE IS ALSO AN EXTRA LARGE STORAGE ROOM OUTSIDE THE UNIT AS WELL AS A COVERED SCREENED OUTDOOR AREA OUTSIDE THE CAFE! WON'T LAST LONG!

Last Agent to Sell the Property

Laura Casa

The Keyes Company License #3184888 Listed on: 02/19/2021

The Keyes Company

Last Buyer's Agent

Renee Shine

Lang Realty/ BR License #706578

Lang Realty/ BR

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,314

Year Built

  • Built in 1996

Lot Details

  • 140.57

HOA Fees

  • $650 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,616 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Sliding Windows
  • Combination Dining and Living Room
  • Lake Views
  • Security Lights
  • Laundry Room

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Parking

  • On-Street Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Patio
  • Lake Front

Listing and Financial Details

  • Assessor Parcel Number 00424521031751010

Community Details

Overview

  • Active Adult
  • Association fees include common areas, cable TV, ground maintenance, pool(s), sewer, security, trash, water
  • Palm Isles Subdivision

Amenities

  • Clubhouse
  • Game Room
  • Billiard Room

Recreation

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

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,314

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: Jog road north to boynton beach blvd then left (west) to gate on north side (right side) ask gate for directions. USE THE BOYNTON BEACH BLVD GATE. 2 STORY BUILDING #175 UNIT 101 GROUND FLOOR.
  • Year Built: 1996
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Eat-in Kitchen, Living/Dining Room, Pantry, Separate Shower, Walk-In Closet(s)
  • Spa Features: Community
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1616.0
  • Dining Room Type: Laundry
  • Stories: 2
  • Window Features: Sliding

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

  • Garage Yn: No
  • Parking Features: Assigned, On Street

Utilities

  • Security: Gated with Guard, Security Lights
  • Cooling: Central Air, Ceiling Fan(s), 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, Game Room, Gated, Property Manager On-Site, Pool, Shuffleboard, Street Lights, Sidewalks, Tennis Court(s)
  • Senior Community: Yes
  • Amenities: Billiard Room, Clubhouse, Management, Pool, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Maintenance Grounds, Pool(s), Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 00424521031751010
  • Lot Size Sq Ft: 6123264.0
  • Zoning Description: RS
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3314.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2021
Closed on
Jun 25, 2021
Sold by
Laveman Robin S
Bought by
Daneshgar Ruth
Seller's Agent
Laura Casa
The Keyes Company
Buyer's Agent
Renee Shine
Lang Realty/ BR
List Price
$215,000
Sold Price
$245,000
Premium/Discount to List
$30,000
13.95%
Current Estimated Value
$323,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,455
Avg. Annual Appreciation
6.72%

Purchase Details

Closed on
Sep 9, 2015
Sold by
Fallek Debra A
Bought by
Laveman Rose K

Purchase Details

Closed on
Jun 2, 2015
Sold by
Fallek Marcie Rae and The Marilyn Fallek Revocable T
Bought by
Fallek Debra A

Purchase Details

Closed on
Nov 16, 2010
Sold by
Fallek Marilyn
Bought by
Fallek Marilyn and The Marilyn Fallek Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
4.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2010
Sold by
Fallek Marilyn and The Marilyn Fallek Revocable T
Bought by
Fallek Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
4.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 1997
Sold by
Marilyn Jerome and Marilyn Fallek
Bought by
Fallek Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 1997
Sold by
Oriole Homes Corp
Bought by
Fallek Jerome

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.58%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Daneshgar Ruth $245,000 Homepartners Title Svcs Llc
Laveman Rose K $195,000 First Intl Title Inc
Fallek Debra A -- Attorney
Fallek Marilyn -- Attorney
Fallek Marilyn -- Clear To Close Title Service
Fallek Marilyn $100 --
Fallek Jerome $128,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fallek Marilyn $124,000
Previous Owner Fallek Jerome $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2021 06/30/21 Sold $245,000 +14.0% $152 / Sq Ft
05/31/2021 05/31/21 Pending -- -- --
02/19/2021 02/19/21 For Sale $215,000 -- $133 / 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 $5,372 $294,030 -- --
2023 $5,050 $267,300 $0 $0
2022 $4,435 $243,000 $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 $3,353 $175,000 $0 $0
2016 $3,308 $168,000 $0 $0
2015 $1,603 $111,335 $0 $0
2014 $1,603 $110,451 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10693720

BeachesMLS

APN: 00-42-45-21-03-175-1010