$395,000
SOLD AUG 30, 2016

7961 W Lake Dr West Palm Beach, FL 33406

3 Beds
2 Baths
1,714 Sq Ft
10,004 Sq Ft Lot

Recently Sold

$230 Per Sq Ft

6% Below List Price

16 Days on Market

Highlights

  • 82 Feet of Waterfront
  • Gunite Pool
  • Canal View
  • Boat Ramp
  • Canal Access
  • Wood Flooring

About This Home

As of May 2024

WATERFRONT, POOL HOME,COMPLETELY REMODELED KITCHEN,INCLUDING NEW SEA WALL,COMPLETE AC,WINDOWS AND SLIDERS ARE HURRICANE INPACK,ELECTRICAL PANEL and pool pump.SPLIT BEDROOM PLAN, FAMILY ROOM OFF OF KITCHEN, 26X12 COVERED PORCH OVER-LOOKING NEWER DIAMOND BRIGHT POOL 4/06, 9' DEEP, LUSH GARDENS,NEWER ROOF 3/06, ENERGY EFF. APPLIANCES,NEWER TILE IN LIVING AREAS AND HIGH END CARPET IN BEDROOMS, Sprinkler system on deep well (no iron/rust stains). Newer hot water heater, pool pump, appliances, flooring, etc. Roof construction meets wind codes for current insurance requirements. SELLER MOTIVATED, PROPERTY HAS BEEN USED AS THERE 2ND HOME

Last Agent to Sell the Property

Robert Walters

Paradise Real Estate Intl License #594887 Listed on: 07/15/2016

Paradise Real Estate Intl

Last Buyer's Agent

Ben Hartman

Illustrated Properties LLC (Co License #3178410

Illustrated Properties LLC (Co

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,376

Year Built

  • Built in 1973

Lot Details

  • 10,004 Sq Ft Lot
  • 82 Feet of Waterfront
  • Sprinkler System
  • Property is zoned SFR(ci

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Canal
  • Garden

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,714 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • High Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Family Room
  • Florida or Dining Combination
  • Impact Glass

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Gunite Pool
  • Canal Access
  • Open Patio
  • Porch

Location

  • Flood Zone Lot

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 34434417100000430

Community Details

Recreation

  • Boat Ramp
  • Boating

Additional Features

  • Lake Clarke West 2 Subdivision
  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,376

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: FOREST HILL BLVD.JUST WEST OF I-95
  • Year Built: 1973
  • Architectural Style: Ranch
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Closet Cabinetry, Entrance Foyer, Eat-in Kitchen, Family/Dining Room, High Ceilings, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Ice Maker, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile, Wood
  • Living Area: 1714.0
  • Dining Room Type: Family Room
  • Stories: 1
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Porch, Patio
  • View: Canal, Garden
  • Road Frontage Type: Waterfront
  • Lot Features: Flood Zone, Sprinklers Automatic, Sprinkler System, < 1/4 Acre
  • Pool Features: Gunite, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Open, Patio, Porch
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Security: Security Guard
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 34434417100000430
  • Lot Size: 82.0 ft x 0.0 ft
  • Lot Size Sq Ft: 10004.0
  • Zoning Description: SFR(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 4376.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2024
Closed on
May 24, 2024
Sold by
Janssen Joseph and Janssen Christy
Bought by
Morley Lucas and Martin Isabella
Seller's Agent
Haydee Levitt
Sotheby's Intl. Realty, Inc.
List Price
$975,000
Sold Price
$895,000
Premium/Discount to List
-$80,000
-8.21%
Views
138
Current Estimated Value
$882,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,925
Avg. Annual Appreciation
-0.94%
Original Mortgage
$765,000
Outstanding Balance
$758,867
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$126,134

Purchase Details

Listed on
Mar 12, 2020
Closed on
Aug 18, 2020
Sold by
Anderson Robert
Bought by
Janseen Christy and Janseen Joseph
Seller's Agent
Ben Hartman
Illustrated Properties LLC (Co
List Price
$529,900
Sold Price
$525,000
Premium/Discount to List
-$4,900
-0.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.16%
Original Mortgage
$315,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 15, 2016
Closed on
Aug 29, 2016
Sold by
Mangum Greg B
Bought by
Anderson Robert J
Seller's Agent
Robert Walters
Paradise Real Estate Intl
Buyer's Agent
Ben Hartman
Illustrated Properties LLC (Co
List Price
$420,000
Sold Price
$395,000
Premium/Discount to List
-$25,000
-5.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.43%
Original Mortgage
$375,250
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2008
Sold by
Balch Charles G and Balch Sara J
Bought by
Mangum Greg Bradley
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $895,000 None Listed On Document
Warranty Deed $525,000 Attorney
Warranty Deed $395,000 None Available
Warranty Deed $312,500 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $765,000 New Conventional
Previous Owner $315,000 New Conventional
Previous Owner $375,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2024 05/28/24 Sold $895,000 -5.8% $522 / Sq Ft
04/20/2024 04/20/24 Pending -- -- --
03/12/2024 03/12/24 Price Changed $950,000 -2.6% $554 / Sq Ft
01/26/2024 01/26/24 For Sale $975,000 +85.7% $569 / Sq Ft
08/18/2020 08/18/20 Sold $525,000 -0.9% $306 / Sq Ft
07/19/2020 07/19/20 Pending -- -- --
03/12/2020 03/12/20 For Sale $529,900 +34.2% $309 / Sq Ft
08/30/2016 08/30/16 Sold $395,000 -6.0% $230 / Sq Ft
07/31/2016 07/31/16 Pending -- -- --
07/15/2016 07/15/16 For Sale $420,000 -- $245 / 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 $12,501 $530,729 -- --
2023 $11,483 $482,481 $0 $0
2022 $10,814 $437,998 $0 $0
2021 $9,644 $398,180 $196,004 $202,176
2020 $5,083 $246,712 $0 $0
2019 $4,998 $241,165 $0 $0
2018 $4,774 $236,668 $0 $0
2017 $4,712 $231,800 $0 $0
2016 $4,304 $211,210 $0 $0
2015 $4,376 $209,742 $0 $0
2014 $4,374 $208,077 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10252026

BeachesMLS

APN: 34-43-44-17-10-000-0430