NOT LISTED FOR SALE

861 Summit Lake Dr West Palm Beach, FL 33406

Gun Club Estates Neighborhood

Estimated Value: $315,103 - $340,000

3 Beds
3 Baths
1,276 Sq Ft
$258/Sq Ft Est. Value

Last Sold April 04, 2012

Last sale price $80,050 $63 Per Sq Ft

Est. 312% increase in value since last sale

Current estimated payment $2,077/month

About This Home

As of April 2012

NEWLY RENOVATED, SPACIOUS TOWNHOME. MOVE IN READY. BRAND NEW STAINLESS STEEL APPLIANCES. VIEW OF THE LONG SIDE OF THE LAKE FROM THE LIVING ROOM AND MASTER BEDROOM. FULL SIZE STACKABLE WASHER AND DRYER IN UNIT.FIRST FLOOR FULLY TILED. COVERED AND SCREENED PATIO.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2012
Closed on
Apr 5, 2012
Sold by
Summit Lake Homeowners Association Inc
Bought by
Federal National Mortgage Association
Seller's Agent
Jaime Nelson Francfort
ERA Home Run Real Estate
Buyer's Agent
Janet Stewart
Apex Residential & Commercial
List Price
$78,500
Sold Price
$80,050
Premium/Discount to List
$1,550
1.97%
Current Estimated Value
$329,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,726
Avg. Annual Appreciation
11.29%
Original Mortgage
$64,040
Interest Rate
3.18%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 2, 2012
Closed on
Apr 4, 2012
Sold by
Federal National Mortgage Association
Bought by
Lewis Tyler
Seller's Agent
Jaime Nelson Francfort
ERA Home Run Real Estate
Buyer's Agent
Janet Stewart
Apex Residential & Commercial
List Price
$78,500
Sold Price
$80,050
Premium/Discount to List
$1,550
1.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,040
Interest Rate
3.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2012
Sold by
Rahaman Mohammad M
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Apr 26, 2011
Sold by
Rahaman Mohammad M
Bought by
Summit Lake Homeowners Association Inc

Purchase Details

Closed on
Dec 4, 2006
Sold by
Das Khokan Chandra and Sarkar Bharoti Rani
Bought by
Rahaman Mohammad M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
6.36%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 19, 2005
Sold by
Guerrero Jairo and Guerrero Patricia
Bought by
Das Khokan Chandra and Sarkar Bharoti Rani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
5.61%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 23, 2003
Sold by
Salvo Joan
Bought by
Guerrero Jairo and Guerrero Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,400
Interest Rate
5.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 2001
Sold by
Brighton At Summit
Bought by
Salvo Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
7.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Federal National Mortgage Association -- Watson Title Company Inc
Lewis Tyler $80,100 Attorney
Federal Home Loan Mortgage Corporation $42,800 None Available
Summit Lake Homeowners Association Inc -- None Available
Rahaman Mohammad M $235,000 Universal Land Title Inc
Das Khokan Chandra $225,000 South Shore Title Of Welling
Guerrero Jairo $136,000 Universal Land Title Inc
Salvo Joan $112,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Tyler $165,000
Closed Lewis Tyler $34,600
Closed Lewis Tyler $64,040
Previous Owner Rahaman Mohammad M $47,000
Previous Owner Rahaman Mohammad M $188,000
Previous Owner Das Khokan Chandra $202,500
Previous Owner Guerrero Jairo $122,400
Previous Owner Salvo Joan $89,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2012 08/23/12 Rented $1,250 -16.7% --
07/24/2012 07/24/12 Under Contract -- -- --
05/01/2012 05/01/12 For Rent $1,500 0.0% --
04/04/2012 04/04/12 Sold $80,050 +2.0% $63 / Sq Ft
03/05/2012 03/05/12 Pending -- -- --
02/02/2012 02/02/12 For Sale $78,500 -- $62 / Sq Ft

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 $3,921 $174,041 -- --
2023 $3,559 $158,219 $0 $0
2022 $3,296 $143,835 $0 $0
2021 $2,877 $161,000 $0 $161,000
2020 $2,699 $151,000 $0 $151,000
2019 $2,582 $146,000 $0 $146,000
2018 $2,316 $139,000 $0 $139,000
2017 $2,181 $134,000 $0 $0
2016 $2,034 $81,191 $0 $0
2015 $1,917 $73,810 $0 $0
2014 $1,655 $67,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jaime Nelson Francfort

    ERA Home Run Real Estate

  • J

    Seller's Agent in 2012

    Janet Stewart

    Apex Residential & Commercial

    (561) 432-6642

    11 Total Sales

    Janet Stewart
    Section Image

  • J

    Buyer's Agent in 2012

    Janet Stewart

    Apex Residential & Commercial

  • E

    Buyer's Agent in 2012

    Eleanor Taylor

    Your Real Estate Service Group

    (561) 891-7176

    18 Total Sales

    Eleanor Taylor
    Section Image
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Map

Florida Palm Beach County West Palm Beach 33406 Gun Club Estates

861 Summit Lake Dr, West Palm Beach, FL

This home is located at 861 Summit Lake Dr, West Palm Beach, FL 33406 and is currently estimated at $329,776, approximately $258 per square foot. 861 Summit Lake Dr is a home located in Palm Beach County with nearby schools including Berkshire Elementary School, Palm Springs 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.

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