NOT LISTED FOR SALE

Estimated Value: $319,863 - $405,000

2 Beds
2 Baths
1,020 Sq Ft
1968 Built

Last Sold July 06, 2020

Last sale price $225,000 $221 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,432/month

Highlights

  • 100 Feet of Waterfront
  • Canal Access
  • Furnished
  • Gated Community
  • Clubhouse
  • Community Pool

About This Home

As of May 2023

Don't miss this 2/2 condo on the water located in the gated boutique style building of Rio Nuevo. Updated kitchen, baths, and flooring. It is tastefully furnished in all the new modern grey tones. Master bedroom boasts large walk-in closet with built-ins... You can sit on the patio and watch the boats go by, true Florida living at its best. Clubhouse has ping pong, pool table, workout area and a full kitchen, There is a community boat dock just outside the clubhouse... One assigned covered parking spot included with this unit... Location is everything it is literally minutes from the beach, Las Olas Blvd, I-95, 595, the Port and the Airport. Available as soon as the owner and the association approve the application.

Last Agent to Rent the Property

Regina Hackworth

United Realty Group Inc License #495393 Listed on: 03/22/2023

United Realty Group Inc

Last Renter's Agent

Alissa Keiler

Keller Williams Realty Profess License #3560817

Keller Williams Realty Profess

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,593

Year Built

  • Built in 1968

Lot Details

  • 100 Feet of Waterfront
  • North Facing Home

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 1,020 Sq Ft Home
  • Furnished
  • Combination Dining and Living Room
  • Laminate Flooring
  • Water Views

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Home Security

Parking

  • 1 Detached Carport Space
  • Assigned Parking

Additional Features

  • Canal Access
  • Cable TV Available

Listing and Financial Details

  • Property Available on 4/26/23
  • 12 Month Lease Term
  • Renewal Option
  • Assessor Parcel Number 504216AD0480

Community Details

Overview

  • Rio Nuevo D Condo Subdivision

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Card or Code Access
  • Gated Community
  • Impact Glass

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,593

Year Built

Built in 1968

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2023-04-26

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: SW 12 Street is Davie Blvd GPS has a problem if you put in 12 st. use 1200 Davie Blvd the West gate is off of Davie
  • Year Built: 1968
  • Lease Renewal Option: Yes
  • Architectural Style: Other
  • Carport Y N: Yes
  • Entry Level: 3
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Living/Dining Room, Split Bedrooms, Third Floor Entry
  • Private Spa: No
  • Furnished: Furnished
  • Appliances: Dishwasher, Electric Range, Disposal, Microwave
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Laminate
  • Living Area: 1020.0
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Security/High Impact Doors
  • View: Water
  • Road Frontage Type: Waterfront
  • Lot Features: < 1/4 Acre
  • Pool Features: Pool, Community
  • View: Yes
  • Waterfront Features: Canal Access, Dock Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: North
  • Property Condition: Updated/Remodeled
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Carport Spaces: 1.0
  • Garage Yn: No
  • Parking Features: Assigned, Detached Carport

Utilities

  • Security: Complex Fenced, Key Card Entry
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Gated, Dock, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Elevator(s), Pool
  • Pets Allowed: Number Limit, Size Limit, Yes

Lot Info

  • Parcel #: 504216AD0480
  • Land Lease Amount Frequency: Monthly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2020
Closed on
Jul 7, 2020
Sold by
Zimmerli Dominik A and Hebert Ronald K
Bought by
Folsom Tyler Andrew
Seller's Agent
Regina Hackworth
United Realty Group Inc
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$360,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,966
Avg. Annual Appreciation
10.05%
Original Mortgage
$157,500
Outstanding Balance
$141,207
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$225,512

Purchase Details

Listed on
Dec 14, 2015
Closed on
Mar 4, 2016
Sold by
Oliver Gary
Bought by
Zimmerli Dominik A and Hebert Ronald K
Seller's Agent
Randall Hackworth
MMLS Assoc.-Inactive Member
Buyer's Agent
Jose Gomez
Century 21 Hansen Realty Inc
List Price
$192,000
Sold Price
$183,000
Premium/Discount to List
-$9,000
-4.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.88%
Original Mortgage
$137,250
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 11, 2015
Sold by
Oliver Gary P
Bought by
Oliver Gary and Gary Peter Oliver Revocable Living Trust

Purchase Details

Closed on
Nov 15, 2002
Sold by
Pinder Jill and Pinder Ellis
Bought by
Oliver Gary P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.3%

Purchase Details

Closed on
Mar 6, 1995
Sold by
Boudreau Jean
Bought by
Tourville Jill N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
9.05%

Purchase Details

Closed on
Nov 1, 1989
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 Buyer Sale Price Title Company
Folsom Tyler Andrew $225,000 Galaxy Title And Escrow Llc
Zimmerli Dominik A $183,000 Nexstar Title & Escrow Llc
Oliver Gary -- None Available
Oliver Gary P $136,500 Sawgrass Title & Escrow Inc
Tourville Jill N $60,000 --
Available Not $58,929 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Folsom Tyler Andrew $157,500
Previous Owner Zimmerli Dominik A $137,250
Previous Owner Oliver Gary P $20,000
Previous Owner Oliver Gary P $70,000
Previous Owner Tourville Jill N $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2023 05/01/23 Rented $2,800 0.0% --
04/17/2023 04/17/23 Under Contract -- -- --
03/22/2023 03/22/23 For Rent $2,800 0.0% --
07/06/2020 07/06/20 Sold $225,000 0.0% $221 / Sq Ft
06/11/2020 06/11/20 For Sale $225,000 +23.0% $221 / Sq Ft
03/04/2016 03/04/16 Sold $183,000 -2.7% $179 / Sq Ft
01/04/2016 01/04/16 Pending -- -- --
12/23/2015 12/23/15 Price Changed $188,000 -2.1% $184 / Sq Ft
12/14/2015 12/14/15 For Sale $192,000 -- $188 / 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 $5,593 $285,490 -- --
2024 $5,286 $285,490 -- --
2023 $5,286 $235,950 $0 $0
2022 $4,419 $214,500 $21,450 $193,050
2021 $4,078 $196,340 $19,630 $176,710
2020 $3,805 $182,630 $18,260 $164,370
2019 $3,727 $183,790 $18,380 $165,410
2018 $3,504 $181,920 $18,190 $163,730
2017 $3,234 $161,180 $0 $0
2016 $1,366 $99,190 $0 $0
2015 $1,358 $98,510 $0 $0
2014 $1,364 $97,730 $0 $0
2013 -- $96,290 $9,630 $86,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10372881

BeachesMLS (Greater Fort Lauderdale)

APN: 50-42-16-AD-0480