NOT LISTED FOR SALE

Estimated Value: $474,569 - $495,000

3 Beds
2 Baths
1,405 Sq Ft
$345/Sq Ft Est. Value

Last Sold March 04, 2024

Last sale price $470,000 $335 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,042/month

8 Days on Market

Highlights

  • Lake Front
  • Gated Community
  • Tennis Courts
  • Hidden Oaks Elementary School Rated 9+
  • Community Pool
  • Breakfast Area or Nook

About This Home

As of March 2024

Welcome to 8128 Palm Gate Drive, a hidden gem in the heart of Boynton Beach! This meticulously maintained home combines modern comfort and style. With a brand-new AC and recently updated appliances, every detail has been considered. Entertain effortlessly in the spacious living areas and the large enclosed patio, perfect for gatherings, all while enjoying an amazing view of the serene lake. This gated community not only provides security and privacy but also boasts fantastic amenities, including a large swimming pool and tennis courts, for your recreational pleasure. The upcoming Publix within walking distance adds convenience, and exploring nearby dining and entertainment is a breeze.

Last Agent to Sell the Property

Magomed Dudayev

Chance Realty LLC License #3431260 Listed on: 01/06/2024

Last Buyer's Agent

Komal Acharya

Real Broker LLC License #3381991

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,049

Year Built

  • Built in 1999

Lot Details

  • 5,780 Sq Ft Lot
  • Lake Front
  • Sprinkler System
  • Property is zoned rtu

HOA Fees

  • $288 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Guest Parking

Home Design

  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 1,405 Sq Ft Home
  • 1-Story Property
  • Furnished or left unfurnished upon request
  • Combination Dining and Living Room
  • Lake Views

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • 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

Home Security

  • Security Gate
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00424513170000160

Community Details

Overview

  • Association fees include common areas, cable TV, parking, pool(s)
  • Gateway Palms Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,049

Year Built

Built in 1999

Lot Details

0

HOA Fees

$288 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 1999
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Dual Sinks, Living/Dining Room, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Laminate, Tile
  • Living Area: 1405.0
  • Dining Room Type: Laundry
  • Stories: 1

Exterior Features

  • Exterior Features: Patio
  • View: Lake
  • Lot Features: Sprinkler System, < 1/4 Acre
  • Pool Features: None, Association, Community
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Spanish Tile, Tile

Garage/Parking

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

Utilities

  • Security: Security Gate, 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: 288.0
  • Community Features: Gated, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Parking, Pool(s)

Lot Info

  • Parcel #: 00424513170000160
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 5780.0
  • Zoning Description: rtu
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3049.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2024
Closed on
Mar 4, 2024
Sold by
Mary James M and Mary Anne
Bought by
Karunamurthy Suraj and Joshi Varsha Sundaram
Seller's Agent
Magomed Dudayev
Chance Realty LLC
Buyer's Agent
Komal Acharya
Real Broker LLC
List Price
$485,000
Sold Price
$470,000
Premium/Discount to List
-$15,000
-3.09%
Views
49
Current Estimated Value
$484,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,892
Avg. Annual Appreciation
2.10%
Original Mortgage
$430,402
Interest Rate
6.69%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 1, 2016
Bought by
Ammerall James M

Purchase Details

Closed on
Jul 27, 1999
Sold by
Transeastern Properties Inc
Bought by
Ammerall James M and Ammerall Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,600
Interest Rate
7.51%
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
Karunamurthy Suraj $470,000 Delray Title & Abstract
Ammerall James M -- --
Ammerall James M $134,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karunamurthy Suraj $432,962
Closed Karunamurthy Suraj $430,402
Previous Owner Ammerall James M $107,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2024 03/04/24 Sold $470,000 -3.1% $335 / Sq Ft
01/15/2024 01/15/24 Pending -- -- --
01/06/2024 01/06/24 For Sale $485,000 -- $345 / 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 $1,588 $205,593 -- --
2023 $3,049 $199,605 $0 $0
2022 $3,012 $193,791 $0 $0
2021 $2,974 $188,147 $0 $0
2020 $2,945 $185,549 $0 $0
2019 $2,906 $181,377 $0 $0
2018 $2,761 $177,995 $0 $0
2017 $2,709 $174,334 $0 $0
2016 $2,708 $170,748 $0 $0
2015 $2,768 $169,561 $0 $0
2014 $2,773 $168,215 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10947889

BeachesMLS

APN: 00-42-45-13-17-000-0160