$248,320
SOLD DEC 20, 2019 RENTED OCT 8, 2024

1128 W Cypress Dr Unit V15 Pompano Beach, FL 33069

Palm Aire Neighborhood
3 Beds
3 Baths
2,480 Sq Ft
$762/mo HOA Fee

Recently Sold

$100 Per Sq Ft

35% Below List Price

168 Days on Market

Highlights

  • Garden View
  • Bar
  • Central Heating and Cooling System
  • Community Pool
  • Tile Flooring
  • 1 Car Garage

About This Home

As of April 2023

Don't miss this great opportunity to own this 3br/3ba home located in Palm Aire Community. Close to shopping, schools, major roads and public transportation. Bring your offers. This is a HomeSteps Property. Please see attached.

Last Agent to Sell the Property

Danny Lewis

Lewis Real Estate Group Inc License #3039511 Listed on: 06/04/2019

Last Buyer's Agent

Victor Mineo

Castelli Real Estate Services License #3238860

Castelli Real Estate Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,956

Year Built

  • Built in 1976

HOA Fees

  • $762 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 2,480 Sq Ft Home
  • 1-Story Property
  • Bar
  • Tile Flooring
  • Garden Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Schools

  • Cypress Elementary School
  • Pompano B.Middle School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 494205AJ0050

Community Details

Overview

  • Association fees include sewer, trash, water
  • Pacc 7 Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,956

Year Built

Built in 1976

Lot Details

0

HOA Fees

$762 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: From W Atlantic Blvd-bear right onto Lyons Rd-road name changes to S Lyons Rd-turn left onto W McNab Rd-turn left onto Cypress Blvd-turn right onto Palm Aire Dr W-turn right onto N Cypress Dr-turn right onto W Cypress Dr-arrive at W Cypress Dr
  • Year Built: 1976
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: 5120
  • Stories: 1

Interior Features

  • Interior Amenities: First Floor Entry, Main Level Master, Bar
  • Furnished: Unfurnished
  • Appliances: None
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Tile
  • Living Area: 2480.0
  • Stories: 1

Exterior Features

  • View: Garden
  • Pool Features: Association
  • Waterfront: No
  • Construction Type: Other
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: None

Utilities

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

Condo/Co-op/Association

  • Association Fee: 2287.0
  • Senior Community: No
  • Amenities: Pool
  • Association Fee Frequency: Quarterly
  • Pets Allowed: Conditional, No

Fee Information

  • Association Fee Includes: Sewer, Trash, Water

Schools

  • Elementary School: Cypress
  • Middle Or Junior School: Pompano B.Middle

Lot Info

  • Parcel #: 494205AJ0050

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 5956.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2023
Closed on
Apr 18, 2023
Sold by
Rubin Lawrence C and Rubin Randi T
Bought by
Harry Adam Balsamo Revocable Trust
Seller's Agent
Bruce Lieb
Berkshire Hathaway HomeServices Florida Realty
List Price
$499,900
Sold Price
$490,000
Premium/Discount to List
-$9,900
-1.98%
Views
272
Current Estimated Value
$572,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,466
Avg. Annual Appreciation
8.08%
Original Mortgage
$367,500
Outstanding Balance
$358,044
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$226,921

Purchase Details

Listed on
Jul 9, 2020
Closed on
Oct 26, 2020
Sold by
Isom Properties Llc
Bought by
Rubin Lawrence C and Rubin Randi Turner
Seller's Agent
Adriana Pujols
Westview Realty
Buyer's Agent
Eileen Ingham
Nilsen Realty Services
List Price
$357,900
Sold Price
$340,000
Premium/Discount to List
-$17,900
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.81%
Original Mortgage
$272,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 4, 2019
Closed on
Dec 20, 2019
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Isom Properties Llc
Seller's Agent
Danny Lewis
Lewis Real Estate Group Inc
Buyer's Agent
Victor Mineo
Castelli Real Estate Services
List Price
$384,900
Sold Price
$248,320
Premium/Discount to List
-$136,580
-35.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.11%

Purchase Details

Closed on
Dec 4, 2018
Sold by
Citimortgage Inc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 20, 2018
Sold by
Palm Aire City Club Condo Assn No 7 Inc
Bought by
Citimortgage Inc

Purchase Details

Listed on
Feb 1, 2016
Closed on
Apr 7, 2016
Sold by
Palm Aire Country Club Condominium Asso
Bought by
Portugal Remodeling Llc
Seller's Agent
Robert Miller
Charles Rutenberg Realty FTL
Buyer's Agent
MARIA OCHOA
Dunhill 100 LLC
List Price
$40,000
Sold Price
$45,000
Premium/Discount to List
$5,000
12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.60%

Purchase Details

Closed on
Sep 16, 2015
Sold by
Sulea Paul
Bought by
Palm Aire Country Club Condominium Assoc

Purchase Details

Closed on
Jun 9, 2005
Sold by
Redgrave Arthur R
Bought by
Sulea Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,500
Interest Rate
6.87%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 8, 2005
Sold by
Shaw Alan H
Bought by
Sulea Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,500
Interest Rate
6.87%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 13, 2003
Sold by
Shaw Martin
Bought by
Shaw Martin

Purchase Details

Closed on
Mar 1, 1990
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $490,000 Weston Title & Escrow
Warranty Deed $340,000 Attorney
Special Warranty Deed $248,320 Consumer T&E Svcs Co Inc
Special Warranty Deed -- None Available
Trustee Deed -- None Available
Special Warranty Deed -- Attorney
Trustee Deed $600 None Available
Deed -- --
Deed -- --
Interfamily Deed Transfer -- --
Warranty Deed $133,964 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $367,500 New Conventional
Previous Owner $272,000 New Conventional
Previous Owner $320,000 Unknown
Previous Owner $364,500 Stand Alone First
Previous Owner $364,500 Stand Alone First
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Rented $4,000 0.0% --
09/20/2024 09/20/24 Under Contract -- -- --
09/17/2024 09/17/24 Price Changed $4,000 -9.1% $2 / Sq Ft
08/04/2024 08/04/24 Price Changed $4,400 -7.4% $2 / Sq Ft
07/08/2024 07/08/24 Price Changed $4,750 -5.0% $2 / Sq Ft
05/28/2024 05/28/24 For Rent $4,999 0.0% --
04/26/2023 04/26/23 Sold $490,000 -2.0% $198 / Sq Ft
03/24/2023 03/24/23 Pending -- -- --
03/11/2023 03/11/23 For Sale $499,900 +47.0% $202 / Sq Ft
10/30/2020 10/30/20 Sold $340,000 -2.8% $137 / Sq Ft
07/23/2020 07/23/20 Price Changed $349,900 -2.2% $141 / Sq Ft
07/09/2020 07/09/20 For Sale $357,900 +44.1% $144 / Sq Ft
12/20/2019 12/20/19 Sold $248,320 -35.5% $100 / Sq Ft
11/20/2019 11/20/19 Pending -- -- --
06/04/2019 06/04/19 For Sale $384,900 +755.3% $155 / Sq Ft
04/07/2016 04/07/16 Sold $45,000 +12.5% $18 / Sq Ft
03/08/2016 03/08/16 Pending -- -- --
02/01/2016 02/01/16 For Sale $40,000 -- $16 / 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 $9,259 $477,080 $47,710 $429,370
2024 $3,105 $477,080 $47,710 $429,370
2023 $3,105 $175,060 $0 $0
2022 $2,877 $169,970 $0 $0
2021 $2,761 $165,020 $0 $0
2020 $7,046 $335,520 $33,550 $301,970
2019 $6,914 $326,510 $32,650 $293,860
2018 $5,956 $286,460 $28,650 $257,810
2017 $5,293 $257,760 $0 $0
2016 $5,055 $243,290 $0 $0
2015 $3,418 $198,200 $0 $0
2014 $3,405 $196,630 $0 $0
2013 -- $214,830 $21,480 $193,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10174160

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-05-AJ-0050