NOT LISTED FOR SALE

7426 Lake Meadow Way Unit 101 Boynton Beach, FL 33437

Palm Isles Neighborhood

Estimated Value: $294,388 - $338,000

2 Beds
2 Baths
1,616 Sq Ft
$500/mo HOA Fee

Last Sold June 30, 2017

Last sale price $185,000 $114 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,359/month

161 Days on Market

Highlights

  • Lake Front
  • Active Adult
  • Sauna
  • Gated with Attendant
  • Clubhouse
  • Mediterranean Architecture

About This Home

As of June 2017

Desirable 1st floor apartment on lake - located truly just steps from the multi-million dollar clubhouse. Fully tiled, bright & clean 2 bedroom + den condo with 2 full baths. Enjoy gorgeous northern lake views from your private tiled & screened lanai. Palm Isles has a very active clubhouse with cafe, tennis, indoor & outdoor pools, theater, exercise plus more. There is a capital contribution of $1000 to be paid by Buyer at closing. With low HOA fees and amazing amenities this 55+ community offers something for everyone!

Last Agent to Sell the Property

Torm Martinson

Campbell&Rosemurgy Real Estate License #3064456 Listed on: 12/20/2016

Campbell&Rosemurgy Real Estate

Co-Listed By

Gloria Joyce

Inactive Member License #483473

Last Buyer's Agent

Stuart Birke

Huntington Signature RE LLC License #680633

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,572

Year Built

  • Built in 1995

Lot Details

  • 1

HOA Fees

  • $500 Monthly HOA Fees

Home Design

  • Mediterranean Architecture
  • Entry on the 1st floor
  • Barrel Roof Shape

Interior Spaces

  • 1,616 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Sliding Windows
  • Combination Dining and Living Room
  • Den
  • Ceramic Tile Flooring
  • Lake Views

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Stacked Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Detached Garage
  • 1 Carport Space
  • Guest Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Patio
  • Lake Front

Listing and Financial Details

  • Assessor Parcel Number 00424521031781010

Community Details

Overview

  • Active Adult
  • Association fees include management, common areas, cable TV, security, trash
  • Palm Isles I, II And III Subdivision

Amenities

  • Sauna
  • Clubhouse
  • Game Room
  • Billiard Room
  • Community Library

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,572

Year Built

Built in 1995

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Boynton Beach Blvd to entrance to Palm Isles between Jog Rd & Hagen Ranch Rd - at 5th stop sign turn Left at T turn Right onto Lake Meadow way, follow sweeping curve to left to end
  • Year Built: 1995
  • Architectural Style: Mediterranean
  • Carport Y N: Yes
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Living/Dining Room, Stacked Bedrooms, Walk-In Closet(s)
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 1616.0
  • Dining Room Type: Den, Laundry, Storage Room
  • Stories: 2
  • Window Features: Blinds, Sliding

Exterior Features

  • Exterior Features: Patio
  • View: Lake, Other, Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Garage Yn: No
  • Parking Features: Covered, Detached, Garage, Guest

Utilities

  • Security: Gated with Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 500.0
  • Community Features: Clubhouse, Game Room, Pool, Sauna, Tennis Court(s)
  • Senior Community: Yes
  • Amenities: Billiard Room, Clubhouse, Library, Pool, Sauna, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Security, Trash

Lot Info

  • Parcel #: 00424521031781010
  • Zoning Description: RS
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 1572.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2016
Closed on
Jul 6, 2017
Sold by
Mays Howard M
Bought by
Mays Howard M and The Howard M Mayes Revocable Trus
Seller's Agent
Torm Martinson
Campbell&Rosemurgy Real Estate
Buyer's Agent
Stuart Birke
Huntington Signature RE LLC
List Price
$239,000
Sold Price
$185,000
Premium/Discount to List
-$54,000
-22.59%
Current Estimated Value
$312,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,097
Avg. Annual Appreciation
6.53%

Purchase Details

Listed on
Dec 20, 2016
Closed on
Jun 22, 2017
Sold by
Auerbach Steven P
Bought by
Mays Howard M
Seller's Agent
Torm Martinson
Campbell&Rosemurgy Real Estate
Buyer's Agent
Stuart Birke
Huntington Signature RE LLC
List Price
$239,000
Sold Price
$185,000
Premium/Discount to List
-$54,000
-22.59%

Purchase Details

Closed on
Dec 4, 2014
Sold by
Auerbach Helen I and Helen I Auerbach Living Trust
Bought by
Auerbach Helen I and Helen I Auerbach Trust

Purchase Details

Closed on
Aug 1, 2006
Sold by
Nissman Annette
Bought by
Auerbach Helen I and Helen I Auerbach Living Trust

Purchase Details

Closed on
Jan 7, 2003
Sold by
Lamont Elynor and Elynor Lamont Second Revocable
Bought by
Nissman Annette

Purchase Details

Closed on
Apr 22, 2002
Sold by
Lamont Elynor
Bought by
Lamont Elynor

Purchase Details

Closed on
Jun 20, 1996
Sold by
Oriole Homes Corp
Bought by
Lamont Larry
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
Mays Howard M -- Attorney
Mays Howard M $185,000 Attorney
Auerbach Helen I -- Attorney
Auerbach Helen I $270,000 First Priority Title Co
Nissman Annette $177,000 --
Lamont Elynor -- --
Lamont Larry $137,100 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2017 06/30/17 Sold $185,000 -22.6% $114 / Sq Ft
05/31/2017 05/31/17 Pending -- -- --
12/20/2016 12/20/16 For Sale $239,000 -- $148 / 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 $2,375 $164,141 -- --
2023 $2,304 $159,360 $0 $0
2022 $2,270 $154,718 $0 $0
2021 $2,233 $150,212 $0 $0
2020 $2,211 $148,138 $0 $0
2019 $2,180 $144,807 $0 $0
2018 $2,066 $142,107 $0 $0
2017 $3,353 $175,000 $0 $0
2016 $1,572 $112,114 $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: R10292816

BeachesMLS

APN: 00-42-45-21-03-178-1010