NOT LISTED FOR SALE

West Palm Beach, FL 33403

Estimated Value: $256,000 - $321,000

2 Beds
2 Baths
1,200 Sq Ft
1989 Built

Last Sold October 16, 2020

Last sale price $180,000 $150 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,818/month

29 Days on Market

Highlights

  • Boat Ramp
  • Fitness Center
  • Clubhouse
  • Property has ocean access
  • Gated Community
  • Garden View

About This Home

As of October 2020

Lovely 2/2 Townhouse located in popular North Palm Beach. This unit is updated with granite countertops, tile throughout, hurricane impact windows, tankless water heater and tons of natural light. A/C was replaced in 2012. The gated community of Bay Reach is a waterfront, Mediterranean style neighborhood conveniently located close to the Gardens Mall, Cityplace, Downtown West Palm Beach, beaches, and a large variety of restaurants and shopping. Enjoy the pool and lounge area overlooking the intracoastal.

Last Agent to Sell the Property

Megan Dunn

Compass Florida LLC License #3438890 Listed on: 08/04/2020

Compass Florida LLC

Co-Listed By

Ben Slayen

Compass Florida LLC License #3425165

Last Buyer's Agent

Jason Litt

LoKation License #3379489

LoKation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,877

Year Built

  • Built in 1989

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Property has ocean access
  • Seawall
  • Balcony

Additional Features

  • North Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 36434221280092040

Community Details

Recreation

  • Boat Ramp
  • Boating
  • Fitness Center
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Phone Entry
  • Gated Community

Additional Features

  • Bay Reach Condo Subdivision
  • Clubhouse

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,877

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I- 95 GO EAST ON NORTHLAKE TO US-1 THEN SOUTH TO FIRST LIGHT, GO LEFT AT TRAFFIC LIGHT AND BAY REACH IS THE FIRST COMMUNITY ON THE LEFT. GATE CODE PHONE LOCATED ON ISLAND.
  • MaximumNumberOfPets: 1
  • Year Built: 1989
  • Architectural Style: Mediterranean
  • Unit Levels: Multi/Split
  • Pets No Pets Comments: Total Weight Limit Of Pets:25
  • MaximumPetWeight: 25
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Pantry, Split Bedrooms, Tub Shower, Upper Level Primary, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1200.0
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • View: Garden
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Seawall
  • Waterfront: No
  • Disclosures: Special Assessment
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Balcony
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Open Parking Spaces: 1.0
  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

  • Laundry Features: Inside
  • Security: Gated Community, Phone Entry
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: 3 Phase

Condo/Co-op/Association

  • Association Fee: 489.0
  • Pets Allowed: Yes
  • Community Features: Boat Facilities, Gated
  • Senior Community: No
  • Amenities: Boating, Clubhouse, Fitness Center, Spa/Hot Tub
  • Pets Allowed: Number Limit, Pet Restrictions, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 36434221280092040
  • Mobile Dim Units: Feet
  • Zoning: R1AA(c

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3877.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2020
Closed on
Oct 16, 2020
Sold by
Gillespie Paul and Gillespie Victoria
Bought by
Soliani Kelly
Seller's Agent
Megan Dunn
Compass Florida LLC
Buyer's Agent
Jason Litt
LoKation
List Price
$180,000
Sold Price
$180,000
Current Estimated Value
$295,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,129
Avg. Annual Appreciation
9.84%
Original Mortgage
$176,739
Outstanding Balance
$155,831
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$139,298

Purchase Details

Listed on
Jan 27, 2018
Closed on
Mar 23, 2018
Sold by
Scheer Lori Ann
Bought by
Gillespie Victoria
List Price
$224,900
Sold Price
$195,000
Premium/Discount to List
-$29,900
-13.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.08%

Purchase Details

Listed on
Jul 19, 2012
Closed on
Aug 15, 2012
Sold by
Jones Lucy A
Bought by
Scheer Lori Ann
Seller's Agent
Gail Weir
Illustrated Properties LLC (Co
Buyer's Agent
Laurie Barfield
The Keyes Company - Stuart
List Price
$79,890
Sold Price
$75,000
Premium/Discount to List
-$4,890
-6.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.57%

Purchase Details

Closed on
Jan 12, 2012
Sold by
Wells Fargo Bank Na
Bought by
Jones Lucy A

Purchase Details

Closed on
Aug 17, 2011
Sold by
Nedrick Sharmain and Anderson Mary Nedrick
Bought by
Southtrust Mortgage Corporation

Purchase Details

Closed on
Sep 22, 2004
Sold by
Bay Reach Development Llc
Bought by
Nedrick Sharmain

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,400
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
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
Soliani Kelly $180,000 None Available
Gillespie Victoria $195,000 Attorney
Scheer Lori Ann $75,000 The Title Network Inc
Jones Lucy A $58,000 Servicelink
Southtrust Mortgage Corporation $35,100 None Available
Nedrick Sharmain $194,990 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soliani Kelly $176,739
Previous Owner Nedrick Sharmain $175,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/16/2020 10/16/20 Sold $180,000 0.0% $150 / Sq Ft
09/16/2020 09/16/20 Pending -- -- --
08/04/2020 08/04/20 For Sale $180,000 -7.7% $150 / Sq Ft
03/26/2018 03/26/18 Sold $195,000 -13.3% $163 / Sq Ft View Prior Sale
02/24/2018 02/24/18 Pending -- -- --
01/26/2018 01/26/18 For Sale $224,900 +199.9% $187 / Sq Ft
08/17/2012 08/17/12 Sold $75,000 -6.1% $63 / Sq Ft View Prior Sale
07/20/2012 07/20/12 For Sale $79,890 -- $67 / 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 $3,018 $205,000 -- --
2024 $3,018 $163,734 -- --
2023 $2,864 $158,965 $0 $0
2022 $2,854 $154,335 $0 $0
2021 $2,787 $149,840 $0 $0
2020 $3,744 $150,000 $0 $150,000
2019 $3,878 $155,000 $0 $155,000
2018 $3,052 $145,000 $0 $145,000
2017 $3,001 $145,000 $0 $0
2016 $2,939 $93,170 $0 $0
2015 $2,881 $84,700 $0 $0
2014 $2,592 $77,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Megan Dunn

    Compass Florida LLC

    (561) 267-3362

    4 in this area

    55 Total Sales

    Megan Dunn
    Section Image

  • B

    Seller Co-Listing Agent in 2020

    Ben Slayen

    Compass Florida LLC

    (561) 909-7796

    5 in this area

    49 Total Sales

    Ben Slayen
    Section Image
  • Jason Litt

    Buyer's Agent in 2020

    Jason Litt

    LoKation

    (561) 860-7637

    1 in this area

    164 Total Sales

    Jason Litt
    Section Image

  • G

    Seller's Agent in 2012

    Gail Weir

    Illustrated Properties LLC (Co

    (561) 301-2594

    22 Total Sales

    Gail Weir
    Section Image

  • L

    Buyer's Agent in 2012

    Laurie Barfield

    The Keyes Company - Stuart

    Section Image
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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10644206

BeachesMLS (Greater Fort Lauderdale)

APN: 36-43-42-21-28-009-2040

Florida Palm Beach County West Palm Beach

33403

Not Listed for Sale

Condos

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