NOT LISTED FOR SALE

Estimated Value: $300,435 - $352,000

2 Beds
2 Baths
1,020 Sq Ft
$437/mo HOA Fee

Last Sold December 10, 2018

Last sale price $207,000 $203 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,700/month

9 Days on Market

Highlights

  • Fitness Center
  • Home fronts a canal
  • Wood Flooring
  • Heated Pool
  • Clubhouse
  • Shuffleboard Court

About This Home

As of December 2018

Large 2 bed 2 bath ground floor unit. The ONLY direct waterfront unit available in the building. Located in a secure gated community. Mature landscaping and tranquil water views await you from your large Florida Room! Substantial updates - stainless appliances, wood floors, 2 front impact doors, impact windows and renovated baths. The unit includes deeded covered parking just outside your door & assigned storage, a huge heated pool & large clubhouse- offering kitchen facilities & game tables, a workout room & restrooms. There's a community dock available for daily use. Modern laundry facilities are located onsite. Dogs and Cats are permitted with approval. This beautiful, meticulously maintained complex is centrally located near I-95, Downtown, the Airport, seaport, hospitals and beaches!

Last Agent to Sell the Property

Gregory Jaxtheimer

Florida Luxurious Properties License #191137 Listed on: 10/31/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,421

Year Built

  • Built in 1967

Lot Details

  • Home fronts a canal
  • North Facing Home

HOA Fees

  • $437 Monthly HOA Fees

Property Views

  • Canal
  • Garden

Interior Spaces

  • 1,020 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Combination Dining and Living Room
  • Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • 1 Detached Carport Space
  • Guest Parking
  • Deeded Parking

Outdoor Features

  • Heated Pool
  • Enclosed Glass Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 504216AC0100

Community Details

Overview

  • Association fees include all facilities, management, common areas, cable TV, insurance, laundry, ground maintenance, maintenance structure, pool(s), recreation facilities, sewer, water
  • Rio Nuevo Subdivision

Amenities

  • Picnic Area
  • Clubhouse
  • Billiard Room
  • Laundry Facilities
  • Elevator

Recreation

  • Shuffleboard Court
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Phone Entry
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,421

Year Built

Built in 1967

Lot Details

0

HOA Fees

$437 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: From I-95 North or South to Davie Blvd., go East and cross over New River bridge. Rio Nuevo is on the right. Call for gate code. Use gate on the left. From US-1 North or South to Davie Blvd., go to 1100 SW just before New River Bridge. complex on left.
  • Year Built: 1967
  • Carport Y N: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Bedroom on Main Level, First Floor Entry, Living/Dining Room, Main Level Master
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Wood
  • Living Area: 1020.0
  • Dining Room Type: Porch, Storage Room
  • Stories: 3
  • Window Features: Blinds, Impact Glass

Exterior Features

  • Exterior Features: Barbecue, Security/High Impact Doors
  • View: Canal, Garden, Water
  • Pool Features: Association, Heated
  • View: Yes
  • Waterfront Features: Beach Access, Canal Front, Dock Access, Water Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Glass Enclosed, Porch
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Carport Spaces: 1.0
  • Garage Yn: No
  • Parking Features: Detached Carport, Deeded, Guest, One Space

Utilities

  • Laundry Features: Common Area
  • Security: Complex Fenced, Other, Phone Entry
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 437.0
  • Community Features: Dock
  • Senior Community: No
  • Amenities: Boat Dock, Billiard Room, Clubhouse, Community Kitchen, Fitness Center, Laundry, Barbecue, Picnic Area, Pool, Shuffleboard Court, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional, Yes

Fee Information

  • Association Fee Includes: All Facilities, Association Management, Common Areas, Cable TV, Insurance, Laundry, Maintenance Grounds, Maintenance Structure, Pool(s), Recreation Facilities, Sewer, Water

Lot Info

  • Parcel #: 504216AC0100

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1421.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2018
Closed on
Dec 4, 2018
Sold by
Jaxtheimer Robert R
Bought by
Cruz Michelle De La
Seller's Agent
Gregory Jaxtheimer
Florida Luxurious Properties
Buyer's Agent
BHHS EWM Realty
List Price
$219,500
Sold Price
$207,000
Premium/Discount to List
-$12,500
-5.69%
Current Estimated Value
$331,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,609
Avg. Annual Appreciation
6.94%
Original Mortgage
$182,750
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2018
Sold by
Collier Christopher E and Collier Kathryn Marie
Bought by
Jaxtheimer Robert R

Purchase Details

Closed on
Aug 28, 2001
Sold by
Thayer Margaret J
Bought by
Collier Rosemary D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.75%

Purchase Details

Closed on
Jun 8, 1999
Sold by
Osmanof Sandra
Bought by
Thayer Margaret T

Purchase Details

Closed on
Apr 18, 1997
Sold by
Peterson Thomas M and Peterson Cora E
Bought by
Osmanoff Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
7.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 1990
Sold by
Available Not
Bought by
Available Not
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
Cruz Michelle De La $215,000 Attorney
Jaxtheimer Robert R $206,800 Attorney
Collier Rosemary D $115,000 --
Thayer Margaret T $108,000 --
Osmanoff Sandra $99,000 --
Available Not $51,857 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dela Cruz Michelle $178,000
Closed Cruz Michelle De La $182,750
Previous Owner Collier Rosemary D $50,000
Previous Owner Collier Rosemary D $123,750
Previous Owner Collier Rosemary D $92,000
Previous Owner Osmanoff Sandra $94,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2018 12/10/18 Sold $207,000 -5.7% $203 / Sq Ft
11/10/2018 11/10/18 Pending -- -- --
10/31/2018 10/31/18 For Sale $219,500 -- $215 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $5,519 $275,740 $27,570 $248,170
2024 $5,245 $275,740 $27,570 $248,170
2023 $5,245 $244,670 $0 $0
2022 $4,640 $222,430 $0 $0
2021 $4,202 $202,210 $0 $0
2020 $3,827 $183,830 $18,380 $165,450
2019 $3,779 $186,630 $18,660 $167,970
2018 $3,324 $169,010 $16,900 $152,110
2017 $1,421 $104,700 $0 $0
2016 $1,420 $102,550 $0 $0
2015 $1,414 $101,840 $0 $0
2014 $1,421 $101,040 $0 $0
2013 -- $100,070 $10,010 $90,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10146027

BeachesMLS (Greater Fort Lauderdale)

APN: 50-42-16-AC-0100