NOT LISTED FOR SALE

8060 W Lake Dr West Palm Beach, FL 33406

Estimated Value: $948,000 - $1,045,000

3 Beds
2 Baths
2,602 Sq Ft
$382/Sq Ft Est. Value

Last Sold June 27, 2014

Last sale price $325,000 $125 Per Sq Ft

Est. 206% increase in value since last sale

Current estimated payment $6,332/month

7 Days on Market

Highlights

  • Lake Front
  • Attic
  • Laundry Room
  • Private Pool
  • Den
  • Tile Flooring

About This Home

As of June 2014

Lovely Lake front property available for purchase for the first time in 40+ years. The property sits on 100 feet of Lake Clarke Shores water and although the property needs some upgrading it has been maintained well over the years. The garage has been converted into what is now the office but can easily be converted back if so desired. Roof was put on in September 1993 (permit # 7386) Boat dock and lift included.

Last Agent to Sell the Property

Sabra Kirkpatrick

Brown Harris Stevens of PB License #3228432 Listed on: 05/20/2014

Brown Harris Stevens of PB

Last Buyer's Agent

Sabra Kirkpatrick

Brown Harris Stevens of PB License #3228432 Listed on: 05/20/2014

Brown Harris Stevens of PB

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,122

Year Built

  • Built in 1967

Lot Details

  • Lake Front
  • West Facing Home
  • Property is zoned sf/RES

Interior Spaces

  • 2,602 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Den
  • Lake Views
  • Attic

Kitchen

  • Electric Range
  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Private Pool
  • Central Heating and Cooling System

Community Details

  • Lake Clarke Shores Subdivision

Listing and Financial Details

  • Assessor Parcel Number 34434417120000620

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,122

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: I-95 exit to Forest Hill Blvd West,, South on West Lake Drive 1 mile. Property on the east side of the street.
  • Year Built: 1967
  • Special Features: None

Interior Features

  • Interior Amenities: Attic
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Other, Tile
  • Living Area: 2602.0
  • Dining Room Type: Attic, Den, Family Room, Laundry, Storage Room
  • Stories: 1

Exterior Features

  • View: Lake
  • Pool Features: Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: West

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 34434417120000620
  • Zoning Description: sf/RES

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 4122.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2020
Sold by
Farino Kenneth V and Farino Kim S
Bought by
Scheerer Joseph and Scheerer Cassandra
Current Estimated Value
$993,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Outstanding Balance
$431,803
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$620,235

Purchase Details

Listed on
May 20, 2014
Closed on
Jun 27, 2014
Sold by
Knowles Patricia K
Bought by
Farino Kenneth and Farino Kim S
Seller's Agent
Sabra Kirkpatrick
Brown Harris Stevens of PB
Buyer's Agent
Sabra Kirkpatrick
Brown Harris Stevens of PB
List Price
$399
Sold Price
$325,000
Premium/Discount to List
$324,601
81353.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.21%
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
Scheerer Joseph $600,000 Attorney
Farino Kenneth $325,000 Attorney
Farino Kenneth -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scheerer Joseph $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2014 06/27/14 Sold $325,000 +81353.6% $125 / Sq Ft
05/28/2014 05/28/14 Pending -- -- --
05/20/2014 05/20/14 For Sale $399 -- $0 / 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 $10,121 $486,459 -- --
2023 $9,909 $472,290 $0 $0
2022 $9,841 $458,534 $0 $0
2021 $9,745 $445,179 $0 $0
2020 $9,707 $398,173 $200,000 $198,173
2019 $9,596 $389,942 $200,000 $189,942
2018 $8,895 $369,106 $195,983 $173,123
2017 $8,222 $336,489 $178,166 $158,323
2016 $8,338 $333,601 $0 $0
2015 $7,759 $303,274 $0 $0
2014 $4,410 $209,488 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Sabra Kirkpatrick

    Brown Harris Stevens of PB

    (561) 628-2077

    37 in this area

    264 Total Sales

    Sabra Kirkpatrick
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Map

Source: BeachesMLS

MLS Number: R10042646

BeachesMLS

APN: 34-43-44-17-12-000-0620

Florida Palm Beach County West Palm Beach 33406

8060 W Lake Dr, West Palm Beach, FL

This home is located at 8060 W Lake Dr, West Palm Beach, FL 33406 since 20 May 2014 and is currently estimated at $993,849, approximately $381 per square foot. This property was built in 1967. 8060 W Lake Dr is a home located in Palm Beach County with nearby schools including North Grade Elementary School, Lake Worth Community Middle School, and Forest Hill Community High School.

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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