NOT LISTED FOR SALE

7400 W Lake Dr West Palm Beach, FL 33406

Estimated Value: $3,393,392 - $3,492,000

3 Beds
3.5 Baths
3,017 Sq Ft
$1,142/Sq Ft Est. Value

Sale Details

Date Sold: November 28, 2022

Last sale price $2,275,000 $754 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $20,252 / mo

57 Days on Market

Highlights

  • Boat Ramp
  • Lake View
  • 1.02 Acre Lot
  • Heated In Ground Pool
  • Waterfront
  • Outdoor Living Area

About This Home

As of November 2022

One of a kind, this stunning estate-like property is situated on one acre of waterfront land and is located directly on the main lake with wide water views of Lake Clarke Shores. Featuring 4,717 sq. ft. under roof and 3,017 sq. ft. under A/C rests this sprawling one story CBS ranch style home. With 3 bedrooms, 3.5 bathrooms and plenty of living space to host most families/ groups this home is unique in the fact that it is priced to either renovate existing and/ or tear down and build a large 2-story home with an existing covered boathouse and dock. Boasting a swimming pool to the east adjacent to the seawall and the lake as well as many mature trees and privacy hedges, this home and its lush property are unlike any other in the Town of Lake Clarke. Close to area beaches, I-95, PBI airport, local dining and shopping.

Last Agent to Sell the Property

Sabra Kirkpatrick

Brown Harris Stevens of PB License #3228432 Listed on: 08/22/2022

Brown Harris Stevens of PB

Last Buyer's Agent

Sabra Kirkpatrick

Brown Harris Stevens of PB License #3228432 Listed on: 08/22/2022

Brown Harris Stevens of PB

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,127

Year Built

  • Built in 1969

Lot Details

  • 1.02 Acre Lot
  • Lot Dimensions are 165x270
  • Waterfront
  • West Facing Home
  • Fenced

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Pool

Interior Spaces

  • 3,017 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room
  • Carpet

Kitchen

  • Electric Range
  • Microwave
  • Free-Standing Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool
  • Covered Patio or Porch
  • Outdoor Living Area

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power

Listing and Financial Details

  • Assessor Parcel Number 34434408060070202

Community Details

Overview

  • No Home Owners Association
  • Fla Mango Grovelets Subdivision

Recreation

  • Boat Ramp
  • Boating

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,127

Year Built

Built in 1969

Lot Details

1.02 Acres

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Forest Hill Blvd to W Lake Dr.
  • Year Built: 1969
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Dining Area, Separate/Formal Dining Room, Main Level Primary
  • Main Level Bedrooms: 3
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Free-Standing Freezer, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Entry Level Living Area Y
  • Flooring: Carpet, Other
  • Living Area: 3017.0
  • Stories: 1

Exterior Features

  • Exterior Features: Outdoor Living Area
  • View: Lake, Pool
  • Fencing: Fenced
  • Pool Features: Heated, In Ground
  • Pool Private: Yes
  • View: Yes
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: West
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Laundry Features: Inside
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 3 Phase

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community Features: Boat Facilities
  • Senior Community: No
  • Amenities: Boating, Sidewalks
  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 34434408060070202
  • Lot Size Acres: 1.02
  • Lot Size: 165x270
  • Lot Size Sq Ft: 44431.2
  • Mobile Dim Units: Feet
  • Zoning: SFR

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8127.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2022
Closed on
Nov 28, 2022
Sold by
Burk Richard B and Hedrick Cathleen Thomson
Bought by
Gerard Lisa G
Seller's Agent
Sabra Kirkpatrick
Brown Harris Stevens of PB
Buyer's Agent
Sabra Kirkpatrick
Brown Harris Stevens of PB
List Price
$2,650,000
Sold Price
$2,275,000
Premium/Discount to List
-$375,000
-14.15%
Views
13
Current Estimated Value
$3,446,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,171,098
Avg. Annual Appreciation
13.28%

Purchase Details

Listed on
Aug 22, 2022
Closed on
Nov 16, 2022
Sold by
Lake Worth Drainage District
Bought by
Burk Richard B and Hedrick Cathleen Thomson
Seller's Agent
Sabra Kirkpatrick
Brown Harris Stevens of PB
Buyer's Agent
Sabra Kirkpatrick
Brown Harris Stevens of PB
List Price
$2,650,000
Sold Price
$2,275,000
Premium/Discount to List
-$375,000
-14.15%
Views
13

Purchase Details

Closed on
Jun 16, 2020
Sold by
Burk Carol T
Bought by
Burk Carol T and Hedrick Cathleen Thomson

Purchase Details

Closed on
Dec 4, 1997
Sold by
Pr Regina Doll
Bought by
Burk Richard B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gerard Lisa G $2,275,000 None Listed On Document
Burk Richard B -- --
Burk Carol T -- Attorney
Burk Richard B $212,000 --
Burk Richard B $100 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2022 11/28/22 Sold $2,275,000 -14.2% $754 / Sq Ft
10/19/2022 10/19/22 Pending -- -- --
08/22/2022 08/22/22 For Sale $2,650,000 -- $878 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $20,319 $971,738 -- --
2024 $20,319 $944,352 -- --
2023 $19,920 $916,847 $0 $0
2022 $8,162 $386,408 $0 $0
2021 $8,127 $375,153 $0 $0
2020 $8,057 $369,973 $0 $0
2019 $7,943 $361,655 $0 $0
2018 $7,601 $354,912 $0 $0
2017 $7,514 $347,612 $0 $0
2016 $7,487 $340,462 $0 $0
2015 $7,614 $338,095 $0 $0
2014 $7,613 $335,412 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Sabra Kirkpatrick

    Brown Harris Stevens of PB

    (561) 628-2077

    33 in this area

    227 Total Sales

    Sabra Kirkpatrick
    Section Image

  • S

    Seller Co-Listing Agent in 2022

    Sarah Koenig

    Brown Harris Stevens of PB

    (561) 662-9570

    22 in this area

    105 Total Sales

    Sarah Koenig
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10826467

BeachesMLS (Greater Fort Lauderdale)

APN: 34-43-44-08-06-007-0202

Florida Palm Beach County West Palm Beach 33406

7400 W Lake Dr, West Palm Beach, FL

Not Listed for Sale

Detached

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BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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