$650,000
SOLD MAR 1, 2021

1116 Russell Dr Highland Beach, FL 33487

2 Beds
2.5 Baths
1,540 Sq Ft
$300/mo HOA Fee

Recently Sold

$422 Per Sq Ft

6% Below List Price

42 Days on Market

Highlights

  • Property has ocean access
  • Fitness Center
  • Home fronts a canal
  • Boca Raton Community Middle School Rated A-
  • Intracoastal View
  • Clubhouse

About This Home

As of December 2022

Step inside this floating oasis! Unique opportunity to own a stunning 2 bed, 2.5 bath townhome with dockage for a boat and only steps to your private beach! You will be impressed from the moment you enter and see the unobstructed intracoastal views from your huge screened in patio. Upgraded kitchen, lots of open living space, and both bedrooms upstairs. Master bedroom has a screened in balcony for you to enjoy the views and the breeze. Porcelain tile floors downstairs, Canadian Maple wood floors upstairs. This home has been meticulously maintained. Impact windows throughout. AC 2 years new. Boca Cove community has a pool, gym and club house for you to enjoy. Two parking spaces. Pet friendly. All of this in a great location! Completely turn-key. This home is a breathe of fresh air.

Last Agent to Sell the Property

Taylor Valente

Compass Florida, LLC License #3327936 Listed on: 12/18/2020

Compass Florida, LLC

Co-Listed By

Andrew Dittoe

Compass Florida, LLC License #3369646

Last Buyer's Agent

Elliot Koolik

Compass Florida LLC License #540942

Compass Florida LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,427

Year Built

  • Built in 1977

Lot Details

  • Home fronts a canal
  • West Facing Home

HOA Fees

  • $300 Monthly HOA Fees

Property Views

  • Intracoastal
  • Canal

Interior Spaces

  • 1,540 Sq Ft Home
  • 2-Story Property
  • Furnished or left unfurnished upon request
  • Blinds
  • Combination Dining and Living Room
  • Screened Porch
  • Washer and Dryer

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Balcony

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24434704010001084

Community Details

Overview

  • Association fees include all facilities, management, ground maintenance, maintenance structure, parking, sewer, trash, water
  • Boca Cove Subdivision

Amenities

  • Clubhouse
  • Bike Room

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Impact Glass

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,427

Year Built

Built in 1977

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: ON A1A ABOUT A MILE NORTH OF SPANISH REIVER. MAKE A LEFT ON RUSSELL DRIVE.PROPERTY IS ON LEFT.
  • Year Built: 1977
  • Carport Y N: No
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, First Floor Entry, Living/Dining Room, Upper Level Master, Walk-In Closet(s)
  • Main Level Bathrooms: 1
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile, Wood
  • Living Area: 1540.0
  • Dining Room Type: Porch
  • Stories: 2
  • Window Features: Blinds, Impact Glass

Exterior Features

  • Exterior Features: Balcony, Enclosed Porch, Security/High Impact Doors
  • View: Canal, Intercoastal, Water
  • Pool Features: Association
  • View: Yes
  • Waterfront Features: Beach Access, Canal Front, Deeded Access, Dock Access, No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: West
  • Patio And Porch Features: Balcony, Glass Enclosed, Porch, Screened
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 300.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Beach Rights, Bike Storage, Clubhouse, Fitness Center, Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: Breed Restrictions, No Pet Restrictions, Yes

Fee Information

  • Association Fee Includes: All Facilities, Association Management, Maintenance Grounds, Maintenance Structure, Parking, Sewer, Trash, Water

Lot Info

  • Parcel #: 24434704010001084

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 7427.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2022
Closed on
Dec 30, 2022
Sold by
Charles Willard Tipping Living Trust
Bought by
Mela Suzanne
Seller's Agent
Taylor Valente
Compass Florida, LLC
Buyer's Agent
Guido Gulla
Compass Florida, LLC
List Price
$849,000
Sold Price
$849,000
Current Estimated Value
$993,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,304
Avg. Annual Appreciation
6.96%
Original Mortgage
$849,000
Outstanding Balance
$819,300
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
$200,161

Purchase Details

Listed on
Dec 18, 2020
Closed on
Mar 2, 2021
Sold by
Beton Conrad A
Bought by
Corbin T J
Seller's Agent
Taylor Valente
Compass Florida, LLC
Buyer's Agent
Elliot Koolik
Compass Florida LLC
List Price
$695,000
Sold Price
$650,000
Premium/Discount to List
-$45,000
-6.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.71%

Purchase Details

Listed on
Dec 18, 2020
Closed on
Mar 1, 2021
Sold by
Beton Cheryl L and Beton Conrad A
Bought by
Tipping Charles Willard and Charles Willard Tipping Living
Seller's Agent
Taylor Valente
Compass Florida, LLC
Buyer's Agent
Elliot Koolik
Compass Florida LLC
List Price
$695,000
Sold Price
$650,000
Premium/Discount to List
-$45,000
-6.47%

Purchase Details

Closed on
Aug 16, 2007
Sold by
Beir Leonard
Bought by
Beton Conrad A

Purchase Details

Closed on
Sep 7, 2006
Sold by
Vanduzen James
Bought by
Beir Leonard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
8.1%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $849,000 --
Deed -- --
Warranty Deed $650,000 Attorney
Warranty Deed $540,000 New Republic Title Inc
Warranty Deed $600,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $849,000 New Conventional
Previous Owner $540,000 Purchase Money Mortgage
Previous Owner $112,400 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2022 12/30/22 Sold $849,000 0.0% $551 / Sq Ft
12/15/2022 12/15/22 For Sale $849,000 +30.6% $551 / Sq Ft
03/01/2021 03/01/21 Sold $650,000 -6.5% $422 / Sq Ft
01/30/2021 01/30/21 Pending -- -- --
12/18/2020 12/18/20 For Sale $695,000 0.0% $451 / Sq Ft
06/15/2020 06/15/20 Rented $3,500 0.0% --
05/16/2020 05/16/20 Under Contract -- -- --
04/30/2020 04/30/20 For Rent $3,500 -- --
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
2024 $10,630 $704,075 -- --
2023 $10,723 $704,075 $0 $704,075
2022 $7,962 $526,964 $0 $0
2021 $7,201 $419,130 $0 $419,130
2020 $7,427 $424,185 $0 $424,185
2019 $7,602 $422,464 $0 $422,464
2018 $7,314 $427,464 $0 $427,464
2017 $6,914 $397,464 $0 $0
2016 $7,166 $397,464 $0 $0
2015 $6,869 $362,464 $0 $0
2014 $7,024 $353,881 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10263366

BeachesMLS (Greater Fort Lauderdale)

APN: 24-43-47-04-01-000-1084