NOT LISTED FOR SALE

7408 Lake Meadow Way Unit 102 Boynton Beach, FL 33437

Palm Isles Neighborhood

Estimated Value: $292,881 - $381,000

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

Last Sold August 30, 2018

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

Est. 49% increase in value since last sale

Current estimated payment $2,619/month

36 Days on Market

Highlights

  • Lake Front
  • Active Adult
  • Sauna
  • Gated with Attendant
  • Clubhouse
  • Community Pool

About This Home

As of August 2018

Desirable 1st floor corner condo with panoramic lake views. Excellent location next to clubhouse. Neutral decor with 16'' white tile in all living areas. Original owner has superbly maintained this true 3-bedroom condo. Newer a/c (Feb 2011) and w/h (July 2013) with ECM service contract in effect. This condo features a designated covered carport, secure 6'x6' extra storage, large master walk in closet and an oversize Laundry Room. Delightful 22'x9' screened patio to enjoy serene lake views. This gated 55+ Community has over 50,000 sq ft of amenities including indoor & outdoor pools, 600 Seat Theatre of Performing Arts, 8 Har-Tru Tennis Courts, Pickle Ball, Mens and Womens Spa Facilities including exercise. Always something to do with many Card Rooms, Billiards, Ceramics, Cafe and more.

Last Agent to Sell the Property

Jim Maguire

RE/MAX Services License #0519195 Listed on: 06/24/2018

RE/MAX Services

Last Buyer's Agent

Ray Bornstein

Treu Group Real Estate License #3334488

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,324

Year Built

  • Built in 1996

Lot Details

  • Lake Front
  • South Facing Home

HOA Fees

  • $508 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 1,616 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Single Hung Metal Windows
  • Sliding Windows
  • Entrance Foyer
  • 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

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Detached Garage
  • Guest Parking

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Heat Strip
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00424521031751020

Community Details

Overview

  • Active Adult
  • Association fees include common areas, cable TV, insurance, ground maintenance, maintenance structure, recreation facilities, roof, security, water
  • Palm Isles Subdivision

Amenities

  • Sauna
  • Clubhouse

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 1996

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: 1996
  • Entry Level: 1
  • Special Features: None

Interior Features

  • Interior Amenities: Built-in Features, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Living/Dining Room, Pantry, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1616.0
  • Dining Room Type: Den, Laundry, Storage Room
  • Stories: 1
  • Window Features: Metal, Single Hung, Sliding

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Garage Yn: No
  • Parking Features: Detached, Garage, Guest

Utilities

  • Security: Security System, Gated with Guard, Security Guard
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Strip
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 508.0
  • Community Features: Clubhouse, Fitness, Pool, Sauna, Shuffleboard, Street Lights, Sidewalks, 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, Maintenance Structure, Recreation Facilities, Roof, Security, Water

Lot Info

  • Parcel #: 00424521031751020
  • Zoning Description: RES

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3324.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2018
Closed on
Aug 30, 2018
Sold by
Kaplowitz Robert J
Bought by
Davis Gail
Seller's Agent
Jim Maguire
RE/MAX Services
Buyer's Agent
Ray Bornstein
Treu Group Real Estate
List Price
$225,000
Sold Price
$220,000
Premium/Discount to List
-$5,000
-2.22%
Current Estimated Value
$326,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,970
Avg. Annual Appreciation
5.74%

Purchase Details

Closed on
Aug 25, 2010
Sold by
Kaplowitz Robert J and Sylvia Kaplowitz Revocable Tru
Bought by
Kaplowitz Robert J

Purchase Details

Closed on
Mar 24, 1997
Sold by
Oriole Homes Corp
Bought by
Kaplowitz Sylvia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.75%
Mortgage Type
New Conventional
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
Davis Gail $220,000 Corporate Title Inc
Kaplowitz Robert J -- None Available
Kaplowitz Sylvia S $136,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kaplowitz Sylvia S $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2018 08/30/18 Sold $220,000 -2.2% $136 / Sq Ft
07/31/2018 07/31/18 Pending -- -- --
06/24/2018 06/24/18 For Sale $225,000 -- $139 / 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

  • J

    Seller's Agent in 2018

    Jim Maguire

    RE/MAX

    12 Total Sales

    Jim Maguire
    Section Image

  • R

    Buyer's Agent in 2018

    Ray Bornstein

    Treu Group Real Estate

See All Agents

Map

Source: BeachesMLS

MLS Number: R10442424

BeachesMLS

APN: 00-42-45-21-03-175-1020

Florida Palm Beach County Boynton Beach 33437 Palm Isles

7408 Lake Meadow Way Unit 102, Boynton Beach, FL

This home is located at 7408 Lake Meadow Way Unit 102, Boynton Beach, FL 33437 since 24 June 2018 and is currently estimated at $326,970, approximately $202 per square foot. This property was built in 1996. 7408 Lake Meadow Way Unit 102 is a home located in Palm Beach County with nearby schools including Crystal Lakes Elementary School, Boynton Beach Community High School, and Ben Gamla Charter School Palm Beach.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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