NOT LISTED FOR SALE

16412 Cherry Way Delray Beach, FL 33484

Estimated Value: $327,542 - $396,000

4 Beds
2.5 Baths
1,605 Sq Ft
$218/Sq Ft Est. Value

Last Sold April 29, 2019

Last sale price $198,000 $123 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,513/month

32 Days on Market

Highlights

  • Lake Front
  • Community Pool
  • Walk-In Closet
  • Spanish River Community High School Rated A+
  • Tennis Courts
  • Patio

About This Home

As of April 2019

Amazing opportunity to own this four bedroom two and a half bath townhouse priced WELL below market value. This property is in need of some TLC but given the price you'll have enough left over to make it your very own. The property contains newer stainless steel appliances in the kitchen and newer A/C and Water Heater. This model has a first floor master suite and guest half bath. Upstairs you'll find the additional three bedrooms and full guest bath. Enjoy the lake views from your screened-in patio. Paver driveway has been enlarged to accommodate three vehicles. Country Lake community is pet friendly up to two pets. Investors welcome as well, no waiting period for rental. Well maintained community offers amenities such as pool, tennis, basketball, and kids play area.

Last Agent to Sell the Property

Michael Mather

Platinum Properties/The Keyes License #3338912 Listed on: 02/25/2019

Co-Listed By

Johnathan Vaughan

Inactive Member License #3323920

Last Buyer's Agent

Anamaria Prada

Scuttina Signature Real Estate Group, LLC License #3315273

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,207

Year Built

  • Built in 1983

Lot Details

  • 2,240 Sq Ft Lot
  • Lake Front

HOA Fees

  • $325 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,605 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Laminate Flooring
  • Lake Views
  • Security Gate

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Over 1 Space Per Unit
  • Driveway

Outdoor Features

  • Patio

Schools

  • Opa Locka Elementary School
  • Omni Middle School
  • Spanish River Community High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00424626060001730

Community Details

Overview

  • Association fees include common areas, ground maintenance
  • Country Lake Subdivision

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Pool
  • Park
  • Trails

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,207

Year Built

Built in 1983

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Condominium,Townhouse
  • Directions: From 95 - West on Linton Blvd. Left on S. Military Trail to Country Lake gate on right
  • Year Built: 1983
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Living/Dining Room, Tub Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Laminate
  • Living Area: 1605.0
  • Dining Room Type: Laundry
  • Stories: 2
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Patio
  • View: Lake
  • Lot Features: < 1/4 Acre
  • Pool Features: None, Association, Community
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block, Wood Siding
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No
  • Parking Features: Driveway, Two or More Spaces

Utilities

  • Security: Security Gate
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 325.0
  • Community Features: Park, Pool, Street Lights, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Pool, Tennis Court(s), Trail(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds

Schools

  • Elementary School: Opa Locka
  • High School: Spanish River Community
  • Middle Or Junior School: Omni

Lot Info

  • Parcel #: 00424626060001730
  • Lot Size: < 1/4 Acre,West of US-1,
  • Lot Size Sq Ft: 2240.0
  • Zoning Description: RS

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1207.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2019
Closed on
Apr 26, 2019
Sold by
Roth Anna B and Gill Annmarie
Bought by
Magdaleno Fernando
Seller's Agent
Michael Mather
Platinum Properties/The Keyes
Buyer's Agent
Anamaria Prada
Scuttina Signature Real Estate Group, LLC
List Price
$200,000
Sold Price
$198,000
Premium/Discount to List
-$2,000
-1%
Current Estimated Value
$350,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,136
Avg. Annual Appreciation
8.81%
Original Mortgage
$158,400
Outstanding Balance
$138,691
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$211,445

Purchase Details

Closed on
Oct 11, 2004
Sold by
Slacks Ross and Roth Ann
Bought by
Roth Anna B and Gill Annamarie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,800
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2003
Sold by
Wong Simon C and Soong Shiau Ming
Bought by
Slacks Ross and Roth Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 2, 1999
Sold by
Smith Dianne M and Smith Walter K
Bought by
Wong Simon C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,600
Interest Rate
6.84%
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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Purchase History

Date Buyer Sale Price Title Company
Magdaleno Fernando $198,000 Stewart Title Company
Roth Anna B -- Statewide Title Corporation
Slacks Ross $135,000 --
Wong Simon C $88,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magdaleno Fernando $158,400
Previous Owner Roth Anna B $154,800
Previous Owner Slacks Ross $108,000
Previous Owner Wong Simon C $83,600
Closed Slacks Ross $27,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2019 04/29/19 Sold $198,000 -1.0% $123 / Sq Ft
03/30/2019 03/30/19 Pending -- -- --
02/25/2019 02/25/19 For Sale $200,000 -- $125 / 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 $4,431 $272,831 -- --
2024 $4,431 $248,028 -- --
2023 $4,424 $225,480 $0 $0
2022 $4,099 $204,982 $0 $0
2021 $3,559 $186,347 $0 $186,347
2020 $3,585 $186,347 $0 $186,347
2019 $3,717 $191,347 $0 $191,347
2018 $1,207 $92,168 $0 $0
2017 $1,168 $90,272 $0 $0
2016 $1,159 $88,415 $0 $0
2015 $1,179 $87,800 $0 $0
2014 $1,177 $87,103 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10507862

BeachesMLS (Greater Fort Lauderdale)

APN: 00-42-46-26-06-000-1730