NOT LISTED FOR SALE

Ocean Colony 1620 S Ocean Blvd Unit 15L Pompano Beach, FL 33062

Estimated Value: $402,525 - $427,000

1 Bed
1.5 Baths
1,116 Sq Ft
$528/mo HOA Fee

Last Sold May 11, 2021

Last sale price $325,000 $291 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,204/month

160 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Gated with Attendant
  • Ocean Front
  • Intracoastal View
  • Clubhouse

About This Home

As of May 2021

Ocean Colony is a resort style boutique building located directly on the sand in the trendy town of Lauderdale by the Sea. This super spacious condo has spectacular direct intracoastal & city views. Furniture may be available. There is also Murphy Bed in the living area perfect for overnight guests. This lovely condo features: All tiled flooring, walk-in closet, granite countertops, interior washer and dryer. Ocean Colony has past their 40 year inspection and the building has been extremely upgraded. Amenities include a fabulous ocean front pool deck with gas grills, sauna, exercise room, game room, library, shuffleboard, shared Aquazul tennis courts, covered parking, storage room, 24 hour security with a gated entry.

Last Agent to Sell the Property

Lisa Galano

RE/MAX Services License #625790 Listed on: 11/01/2020

RE/MAX Services

Last Buyer's Agent

Bridget O'Donnell

Compass Florida, LLC License #3400563

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,642

Year Built

  • Built in 1970

Lot Details

  • Ocean Front

HOA Fees

  • $528 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Circular Driveway
  • Guest Parking
  • Assigned Parking

Home Design

  • Entry on the 15th floor

Interior Spaces

  • 1,116 Sq Ft Home
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Blinds
  • Sliding Windows
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Intracoastal Views
  • Closed Circuit Camera

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Open Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 494307ak1840

Community Details

Overview

  • Association fees include management, common areas, insurance, legal/accounting, ground maintenance, maintenance structure, parking, pest control, pool(s), recreation facilities, roof, sewer, security, trash, water
  • 201 Units
  • High-Rise Condominium
  • Ocean Colony Condo Subdivision
  • 16-Story Property

Amenities

  • Doorman
  • Sauna
  • Game Room
  • Billiard Room
  • Community Library
  • Elevator
  • Community Storage Space

Recreation

  • Tennis Courts
  • Park

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,642

Year Built

Built in 1970

Lot Details

0

HOA Fees

$528 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: East side of A1A between Commercial Blvd and Atlantic Blvd.
  • Year Built: 1970
  • Architectural Style: High Rise
  • Entry Level: 15
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Eat-in Kitchen, Living/Dining Room, Walk-In Closet(s)
  • Furnished: Negotiable
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Tile, Tile
  • Living Area: 1116.0
  • Dining Room Type: Laundry, Storage Room
  • Stories: 16
  • Window Features: Blinds, Impact Glass, Sliding

Exterior Features

  • Exterior Features: Balcony, TV Antenna
  • View: Intercoastal, Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Circular Driveway, Covered, Detached, Garage, Guest

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Closed Circuit Camera(s), Door Man, Gated with Guard, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Water Available

Condo/Co-op/Association

  • Association Fee: 528.0
  • Community Features: Clubhouse, Game Room, Gated, Park, Property Manager On-Site, Pool, Sauna, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Billiard Room, Clubhouse, Fitness Center, Library, Management, Pool, Sauna, Storage, Tennis Court(s), Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pool(s), Recreation Facilities, Roof, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 494307ak1840
  • Lot Size: East of US-1,Paved Road,
  • Zoning Description: R-25

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1642.0

Multi Family

  • Number Of Units In Community: 201

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2020
Closed on
May 11, 2021
Sold by
Kanchuger Andrea
Bought by
Covington Charles and Jones Cyrill
Seller's Agent
Lisa Galano
RE/MAX Services
Buyer's Agent
Bridget O'Donnell
Compass Florida, LLC
List Price
$369,900
Sold Price
$325,000
Premium/Discount to List
-$44,900
-12.14%
Current Estimated Value
$410,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,131
Avg. Annual Appreciation
5.18%
Original Mortgage
$243,750
Outstanding Balance
$220,898
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$189,233

Purchase Details

Listed on
Nov 1, 2020
Closed on
May 6, 2021
Sold by
Kanchuger Andrea
Bought by
Covington Charles and Jones Cyril
Seller's Agent
Lisa Galano
RE/MAX Services
Buyer's Agent
Bridget O'Donnell
Compass Florida, LLC
List Price
$369,900
Sold Price
$325,000
Premium/Discount to List
-$44,900
-12.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Outstanding Balance
$220,898
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$189,233

Purchase Details

Closed on
Jan 27, 1997
Sold by
Pr Corinne R Korn
Bought by
Kanchuger Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,250
Interest Rate
7.56%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Covington Charles $325,000 Attorneys Key Title Llc
Covington Charles $325,000 Attorneys Key Title
Kanchuger Andrea $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Covington Charles $243,750
Closed Covington Charles $243,750
Previous Owner Kanchuger Andrea $50,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2021 05/11/21 Sold $325,000 -12.1% $291 / Sq Ft
04/11/2021 04/11/21 Pending -- -- --
11/01/2020 11/01/20 For Sale $369,900 -- $331 / Sq Ft
Source: BeachesMLS

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 $6,243 $390,590 -- --
2024 $6,098 $379,590 -- --
2023 $6,098 $368,540 $36,850 $331,690
2022 $5,911 $327,190 $32,720 $294,470
2021 $1,695 $129,990 $0 $0
2020 $1,668 $128,200 $0 $0
2019 $1,642 $125,320 $0 $0
2018 $1,579 $122,990 $0 $0
2017 $1,560 $120,470 $0 $0
2016 $1,564 $118,000 $0 $0
2015 $1,591 $117,180 $0 $0
2014 $1,605 $116,250 $0 $0
2013 -- $207,980 $20,800 $187,180
Source: Public Records

Agents Affiliated with this Home

  • Lisa Galano

    Seller's Agent in 2021

    Lisa Galano

    RE/MAX

    (561) 702-5659

    1 in this area

    34 Total Sales

    Lisa Galano
    Section Image
  • Bridget O'Donnell

    Buyer's Agent in 2021

    Bridget O'Donnell

    Compass Florida, LLC

    (631) 983-9757

    4 in this area

    54 Total Sales

    Bridget O'Donnell
    Section Image
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About Ocean Colony

Map

Source: BeachesMLS

MLS Number: R10667859

BeachesMLS

APN: 49-43-07-AK-1840

Florida Broward County Pompano Beach 33062

1620 S Ocean Blvd Unit 15L, Pompano Beach, FL

Not Listed for Sale

Condos

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