NOT LISTED FOR SALE

940 Summit Lake Dr West Palm Beach, FL 33406

Gun Club Estates Neighborhood

Estimated Value: $314,553 - $333,000

3 Beds
2 Baths
1,329 Sq Ft
$244/Sq Ft Est. Value

Last Sold July 25, 2012

Last sale price $80,000 $60 Per Sq Ft

Est. 306% increase in value since last sale

Current estimated payment $2,447/month

10 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • South Facing Home

About This Home

As of July 2012

Bank owned ready for a quick close. 3 bed 2 bath townhome. Tile floors downstairs. Great unit for first time home buyer. This information is deemed reliable but not guaranteed. BUYER is responsible for verifying all information prior to close. PLease email listing agent with any questions about the property or offer status.

Last Agent to Sell the Property

Keith Bettenhausen

W1 Real Estate Inc License #3212574 Listed on: 06/14/2012

Last Buyer's Agent

Isabel Quezada

LAER Realty Partners Bowen/WPB License #682848

LAER Realty Partners Bowen/WPB

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,355

Year Built

  • Built in 2001

Lot Details

  • 1,133

HOA Fees

  • $323 Monthly HOA Fees

Interior Spaces

  • 1,329 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • South Facing Home
  • Central Heating and Cooling System

Community Details

  • Association fees include common areas
  • Summit Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00424401310001000

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,355

Year Built

Built in 2001

Lot Details

0

HOA Fees

$323 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: Congress, East on Summit. Summit Lake on right
  • Year Built: 2001
  • Special Features: RealEstateOwned

Interior Features

  • Furnished: Unfurnished
  • Appliances: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1329.0
  • Stories: 2

Exterior Features

  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: South

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 323.0
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional

Fee Information

  • Association Fee Includes: Common Areas

Lot Info

  • Parcel #: 00424401310001000
  • Zoning Description: Pud

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 1355.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2012
Closed on
Jul 2, 2012
Sold by
Nationstar Mortgage Llc
Bought by
Diaz Jose and Diaz Mercedez
Seller's Agent
Keith Bettenhausen
W1 Real Estate Inc
Buyer's Agent
Isabel Quezada
LAER Realty Partners Bowen/WPB
List Price
$74,900
Sold Price
$80,000
Premium/Discount to List
$5,100
6.81%
Current Estimated Value
$324,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,888
Avg. Annual Appreciation
11.42%

Purchase Details

Closed on
Apr 16, 2012
Sold by
Bello Luis C and Bello Sofia A
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Feb 21, 2012
Sold by
Bello Luis C and Bello Sofia A
Bought by
Summit Lake Homeowners Association Inc

Purchase Details

Closed on
May 31, 2002
Sold by
Brighton At Summit Lc
Bought by
Bello Luis C and Bello Sofia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,008
Interest Rate
6.77%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Diaz Jose $80,000 Attorney
Nationstar Mortgage Llc $42,000 None Available
Summit Lake Homeowners Association Inc -- None Available
Bello Luis C $119,990 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bello Luis C $171,362
Previous Owner Bello Luis C $119,008
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2012 07/25/12 Sold $80,000 +6.8% $60 / Sq Ft
06/25/2012 06/25/12 Pending -- -- --
06/14/2012 06/14/12 For Sale $74,900 -- $56 / 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 $3,949 $176,892 -- --
2023 $3,585 $160,811 $0 $0
2022 $3,285 $146,192 $0 $0
2021 $2,865 $156,000 $0 $156,000
2020 $2,684 $146,000 $0 $146,000
2019 $2,565 $141,000 $0 $141,000
2018 $2,300 $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

  • K

    Seller's Agent in 2012

    Keith Bettenhausen

    W1 Real Estate Inc

  • I

    Buyer's Agent in 2012

    Isabel Quezada

    LAER Realty Partners Bowen/WPB

    (561) 420-5634

    1 in this area

    70 Total Sales

    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R3289102

BeachesMLS

APN: 00-42-44-01-31-000-1000

Florida Palm Beach County West Palm Beach 33406 Gun Club Estates

940 Summit Lake Dr, West Palm Beach, FL

This home is located at 940 Summit Lake Dr, West Palm Beach, FL 33406 since 14 June 2012 and is currently estimated at $324,888, approximately $244 per square foot. This property was built in 2001. 940 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.

Nearby Homes