7238 North Lake Boulevard

This has been categorized as a vacant property type. In total, the area measurement of the land is 5,901 square feet.

Learn more about the property and building on this page. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 7238 North Lake Boulevard sold most recently in Oct 10, 2023 for a total of $2,250,000. Before that, the property was also sold for $2,100,000 in Feb 16, 2021. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $24,022 in taxes each year. 7238 North Lake Boulevard was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,184,840. If we break it down further, the land itself was valued at $2,184,840. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.