NOT LISTED FOR SALE

7408 Lake Meadow Way Unit 202 Boynton Beach, FL 33437

Palm Isles Neighborhood

Estimated Value: $323,000 - $419,000

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

Last Sold January 22, 2016

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

Est. 57% increase in value since last sale

Current estimated payment $2,681/month

74 Days on Market

Highlights

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

About This Home

As of January 2016

Immaculate 2nd floor apartment very near Clubhouse and Cafe. Gorgeous Lake View, very well maintained home. Walk in on first floor and take interior elevator right up to your living room. High Ceilings, very open floorplan, very large. Two Bedrooms plus Den. Large glassed in/screened in Patio with Lake View. Laundry room located between both bedrooms. All this located in the Conmmunity of Palm Isles with its fabulous Clubhouse. Over 50,000 sq. ft. of amenities including Indoor and Outdoor Pools, 600 Seat Theatre of Performing Arts, 8 Har-Tru Tennis Courts, Lots of card rooms, billiards, ceramics, mens and womens spa facilities including exercise. Do as much or as little as you like! 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: 10/09/2015

Last Buyer's Agent

Howard Bucher

Huntington Signature RE LLC License #3256332

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,181

Year Built

  • Built in 1996

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
  • Furnished or left unfurnished upon request
  • Vaulted Ceiling
  • Combination Dining and Living Room
  • Den
  • Lake Views
  • Home Security System
  • Breakfast Area or Nook

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
  • Washer

Parking

  • Attached Garage
  • 1 Attached Carport Space

Outdoor Features

  • Enclosed Glass Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00424521031752020

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

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Security

  • Gated with Attendant
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,181

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 (w) One Lite Past Jog Road on North Side to Entrance of Palm Isles.
  • Year Built: 1996
  • Carport Y N: Yes
  • Entry Level: 2
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Area, Dual Sinks, Elevator, Living/Dining Room, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Negotiable
  • Spa Features: Community
  • Appliances: Electric Water Heater, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1822.0
  • Dining Room Type: Den, Laundry, Porch, Storage Room
  • Stories: 2

Exterior Features

  • 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: Glass Enclosed, Porch

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, 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, Pool, Sauna, 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 #: 00424521031752020
  • Zoning Description: Res

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3181.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2022
Sold by
Schaffer June B
Bought by
Schaffer June B
Current Estimated Value
$352,882

Purchase Details

Listed on
Oct 9, 2015
Closed on
Jan 15, 2016
Sold by
Rogart Florence G and Rogart Bochner Wendy
Bought by
Schaffer June B
Seller's Agent
Nancy Harper
Simply Hearth and Home Realty
Buyer's Agent
Howard Bucher
Huntington Signature RE LLC
List Price
$229,000
Sold Price
$225,000
Premium/Discount to List
-$4,000
-1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.76%

Purchase Details

Closed on
Dec 26, 1996
Sold by
Oriole Homes Corp
Bought by
Rogart Florence G
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
Schaffer June B -- Michelle R Hollister Pa
Schaffer June B $225,000 First Priority Title Company
Rogart Florence G $144,800 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2016 01/22/16 Sold $225,000 -1.7% $123 / Sq Ft
12/23/2015 12/23/15 Pending -- -- --
10/09/2015 10/09/15 For Sale $229,000 -- $126 / 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 $3,527 $234,883 -- --
2023 $3,431 $228,042 $0 $0
2022 $3,393 $221,400 $0 $0
2021 $3,621 $190,000 $0 $190,000
2020 $3,559 $185,000 $0 $185,000
2019 $3,780 $195,000 $0 $195,000
2018 $3,569 $189,000 $0 $189,000
2017 $3,598 $189,000 $0 $0
2016 $3,555 $181,500 $0 $0
2015 $3,352 $165,000 $0 $0
2014 $3,181 $151,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10174729

BeachesMLS

APN: 00-42-45-21-03-175-2020