NOT LISTED FOR SALE

874 Summit Lake Dr West Palm Beach, FL 33406

Gun Club Estates Neighborhood

Estimated Value: $328,000 - $337,000

3 Beds
2.5 Baths
1,384 Sq Ft
$240/Sq Ft Est. Value

Last Sold March 25, 2024

Last sale price $320,000 $231 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,539/month

72 Days on Market

Highlights

  • Water Views
  • Breakfast Area or Nook
  • Patio
  • Community Pool
  • Walk-In Closet
  • Laundry Room

About This Home

As of March 2024

Welcome home to this 3BR/2.5BA Townhome in the Summit Lake Community. Parking spot at your front door and washer/dryer in the unit. This unit has tile floors and carpet, stainless steel appliances, accordion shutters and a fenced open backyard patio for privacy. Summit Lakes has a play area for the kids and a community pool. Two pets allowed with restrictions

Last Agent to Sell the Property

Shereen Vahabzadeh

Premier Properties of South Fl License #651735 Listed on: 01/08/2024

Premier Properties of South Fl

Last Buyer's Agent

Francklin Myrthil

Property Expo Center Inc. License #3169960

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,491

Year Built

  • Built in 2001

Lot Details

  • 1,128 Sq Ft Lot
  • Fenced

HOA Fees

  • $336 Monthly HOA Fees

Interior Spaces

  • 1,384 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Water Views

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Stacked Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Patio

Schools

  • Palm Springs Middle School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00424401310000670

Community Details

Overview

  • Association fees include common areas, cable TV, ground maintenance, maintenance structure, pool(s), security
  • Summit Lake Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,491

Year Built

Built in 2001

Lot Details

0

HOA Fees

$336 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: Military Trail to East on Summit Lake Drive
  • Year Built: 2001
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Kitchen/Dining Combo, Pantry, Stacked Bedrooms, Walk-In Closet(s)
  • Private Spa: No
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Living Area: 1384.0
  • Dining Room Type: Laundry
  • Stories: 2

Exterior Features

  • Exterior Features: Fence, Patio
  • View: Other, Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 336.0
  • Community Features: Non-Gated, Pool
  • Senior Community: No
  • Amenities: Pool
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Maintenance Grounds, Maintenance Structure, Pool(s), Security

Schools

  • Middle Or Junior School: Palm Springs

Lot Info

  • Parcel #: 00424401310000670
  • Lot Size: < 1/4 Acre,Paved Road,Si
  • Lot Size Sq Ft: 1128.0
  • Zoning Description: PUD
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2491.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2024
Closed on
Mar 25, 2024
Sold by
Logan Lauren and Logan Bradley
Bought by
Dormevil Gordon and Dormevil Duckenson
Seller's Agent
Shereen Vahabzadeh
Premier Properties of South Fl
Buyer's Agent
Francklin Myrthil
Property Expo Center Inc.
List Price
$339,900
Sold Price
$320,000
Premium/Discount to List
-$19,900
-5.85%
Views
106
Current Estimated Value
$331,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,513
Avg. Annual Appreciation
2.45%
Original Mortgage
$306,064
Outstanding Balance
$301,395
Interest Rate
6.77%
Mortgage Type
FHA
Estimated Equity
$30,118

Purchase Details

Listed on
Nov 12, 2019
Closed on
Jan 29, 2020
Sold by
Rand Gina and Rand Anthony
Bought by
Logan Bradley and Logan Lauren
Seller's Agent
Ellen Boegli
Keller Williams Realty Jupiter
Buyer's Agent
Shereen Vahabzadeh
Premier Properties of South Fl
List Price
$197,500
Sold Price
$185,000
Premium/Discount to List
-$12,500
-6.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.08%
Original Mortgage
$179,450
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 28, 2017
Closed on
Nov 27, 2017
Sold by
Rand Gina
Bought by
Rand Gina and Rand Anthony
Seller's Agent
Yoav Magen
A.G.M. Realty Group LLC
List Price
$159,000
Sold Price
$167,000
Premium/Discount to List
$8,000
5.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.68%
Original Mortgage
$133,600
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 28, 2017
Closed on
Oct 29, 2017
Sold by
Magen Abraham
Bought by
Rand Gina
Seller's Agent
Yoav Magen
A.G.M. Realty Group LLC
List Price
$159,000
Sold Price
$167,000
Premium/Discount to List
$8,000
5.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,600
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 24, 2012
Closed on
Aug 24, 2012
Sold by
Federal National Mortgage Association
Bought by
Magen Abraham
Seller's Agent
kathy gross
Nautica Realty
Buyer's Agent
Yoav Magen
A.G.M. Realty Group LLC
List Price
$89,900
Sold Price
$82,500
Premium/Discount to List
-$7,400
-8.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.58%

Purchase Details

Closed on
May 2, 2012
Sold by
Damasco Richard
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 12, 2005
Sold by
Lozano Sandra and Castro Ricardo
Bought by
Damasco Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
5.61%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 10, 2003
Sold by
Tropeano Un Kim
Bought by
Castro Ricardo and Lozano Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,600
Interest Rate
5.74%
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
Dormevil Gordon $320,000 Ocean View Title & Escrow
Dormevil Gordon $320,000 Ocean View Title & Escrow
Logan Bradley $185,000 Patch Reef Title Co
Rand Gina -- Attorney
Rand Gina $167,000 Attorney
Magen Abraham $82,500 Heritage Title Insurance Age
Federal National Mortgage Association $60,300 None Available
Damasco Richard $220,000 South Shore Title Of Welling
Castro Ricardo $135,700 Sun Title & Abstract Of Well
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dormevil Gordon $306,064
Closed Dormevil Gordon $306,064
Previous Owner Logan Bradley $179,450
Previous Owner Rand Gina $133,600
Previous Owner Damasco Richard $25,000
Previous Owner Damasco Richard $165,000
Previous Owner Lozano Castro Sandra $17,000
Previous Owner Castro Ricardo $131,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2024 03/25/24 Sold $320,000 -3.0% $231 / Sq Ft
03/23/2024 03/23/24 Pending -- -- --
02/02/2024 02/02/24 Price Changed $329,900 -2.9% $238 / Sq Ft
01/11/2024 01/11/24 For Sale $339,900 +83.7% $246 / Sq Ft
01/29/2020 01/29/20 Sold $185,000 -6.3% $134 / Sq Ft
12/30/2019 12/30/19 Pending -- -- --
11/12/2019 11/12/19 For Sale $197,500 +18.3% $143 / Sq Ft
11/02/2017 11/02/17 Sold $167,000 +5.0% $126 / Sq Ft
10/03/2017 10/03/17 Pending -- -- --
09/28/2017 09/28/17 For Sale $159,000 0.0% $120 / Sq Ft
02/05/2013 02/05/13 For Rent $1,125 0.0% --
02/05/2013 02/05/13 Rented $1,125 0.0% --
08/31/2012 08/31/12 Sold $82,500 -8.2% $62 / Sq Ft
08/01/2012 08/01/12 Pending -- -- --
04/24/2012 04/24/12 For Sale $89,900 -- $68 / 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 $4,927 $275,000 -- --
2023 $2,491 $165,500 $0 $0
2022 $2,458 $160,680 $0 $0
2021 $2,411 $156,000 $0 $156,000
2020 $2,177 $141,965 $0 $0
2019 $2,147 $138,773 $0 $0
2018 $2,053 $134,000 $0 $134,000
2017 $2,157 $128,000 $0 $0
2016 $2,034 $82,522 $0 $0
2015 $1,923 $75,020 $0 $0
2014 $1,683 $68,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Shereen Vahabzadeh

    Premier Properties of South Fl

    (561) 818-9302

    1 in this area

    25 Total Sales

    Shereen Vahabzadeh
    Section Image

  • F

    Buyer's Agent in 2024

    Francklin Myrthil

    Property Expo Center Inc.

    (561) 246-8498

    1 in this area

    17 Total Sales

    Francklin Myrthil
    Section Image
  • Ellen Boegli

    Seller's Agent in 2020

    Ellen Boegli

    Keller Williams Realty Jupiter

    (954) 495-1122

    16 Total Sales

    Ellen Boegli
    Section Image
  • Yoav Magen

    Seller's Agent in 2017

    Yoav Magen

    A.G.M. Realty Group LLC

    (954) 520-7046

    6 Total Sales

    Yoav Magen
    Section Image

  • C

    Buyer's Agent in 2013

    Carmel Scotto

    Dalton Wade Inc

    (561) 635-9888

    1 Total Sale

    Carmel Scotto
    Section Image

  • k

    Seller's Agent in 2012

    kathy gross

    Nautica Realty

    (561) 306-4755

    114 Total Sales

    kathy gross
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10948071

BeachesMLS

APN: 00-42-44-01-31-000-0670

Florida Palm Beach County West Palm Beach 33406 Gun Club Estates

874 Summit Lake Dr, West Palm Beach, FL

This home is located at 874 Summit Lake Dr, West Palm Beach, FL 33406 since 08 January 2024 and is currently estimated at $331,513, approximately $239 per square foot. This property was built in 2001. 874 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.

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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