NOT LISTED FOR SALE

2228 N Cypress Bend Dr Unit 105 Pompano Beach, FL 33069

Palm Aire Neighborhood

Estimated Value: $203,000 - $243,000

2 Beds
2 Baths
840 Sq Ft
$425/mo HOA Fee

Last Sold March 02, 2022

Last sale price $195,000 $232 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,976/month

13 Days on Market

Highlights

  • Lake Front
  • Heated Pool
  • Sun or Florida Room
  • Fitness Center
  • Clubhouse
  • Bike Room

About This Home

As of March 2022

CURRENTLY RENTED TENANT ON A MONTH TO MONTH. CURRENT LEASE IS $1200 GREAT FIRST FLOOR LOCATION WITH A GORGEOUS LAKE VIEW. ENJOY THE VIEW FROM YOUR BACK PATIO WHILE WATCHING THE DUCKS SWIM AROUND. THIS UNIT FEATURES A FULL SIZE WASHER/DRYER AND IS FULLY TILED. BUILDING 18 IS A SHORT WALK TO THE POOL AND CLUBHOUSE. CENTRALLY LOCATED, ALL AGES, 1 PET ALLOWED. TENANT ALLOWING SHOWING DURING MORNINGS WITH 24 HOUR NOTICE.

Last Agent to Sell the Property

Martin Torpey

S & B Realty License #0698176 Listed on: 01/17/2022

Last Buyer's Agent

Pablo Martin

Better Homes & Gdns RE Fla 1st

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,698

Year Built

  • Built in 1989

Lot Details

  • Lake Front
  • South Facing Home

HOA Fees

  • $425 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 840 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Dining Room
  • Sun or Florida Room
  • Screened Porch
  • Lake Views
  • Closed Circuit Camera
  • Washer and Dryer

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Heated Pool
  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 494203BG0050

Community Details

Overview

  • Association fees include amenities, cable TV, hot water, pool(s), sewer, security, trash, water
  • 250 Units
  • Cypress Bend Condo VII Subdivision
  • Car Wash Area
  • 5-Story Property

Amenities

  • Picnic Area
  • Clubhouse
  • Billiard Room
  • Bike Room
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Trails

Security

  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,698

Year Built

Built in 1989

Lot Details

0

HOA Fees

$425 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: POWERLINE TO CYPRESS BEND ENTRANCE - GO EAST TO STOP SIGN THEN NORTH TO VII DEVELOPMENT. BUILDING 18 ON WEST SIDE OF COMPLEX.. PARK IN ANY YELLOW GUEST PARKING SPACE.
  • Year Built: 1989
  • Carport Y N: No
  • Entry Level: 1
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bedroom on Main Level, Elevator, First Floor Entry, Main Living Area Entry Level, Split Bedrooms
  • Main Level Bedrooms: 1
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Refrigerator, Self Cleaning Oven, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 840.0
  • Dining Room Type: Dining Room, Florida Room
  • Stories: 5
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Barbecue, Enclosed Porch, Patio
  • View: Lake
  • Pool Features: Heated
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Direction Faces: South
  • Patio And Porch Features: Patio, Porch, Screened
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Security: Closed Circuit Camera(s), Security Guard
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 425.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Billiard Room, Bike Storage, Clubhouse, Community Kitchen, Fitness Center, Barbecue, Picnic Area, Pool, Trail(s), Vehicle Wash Area, Elevator(s)
  • Association #2 Fee: 425.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Amenities, Cable TV, Hot Water, Pool(s), Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 494203BG0050

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2698.0

Multi Family

  • Number Of Units In Community: 250

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2022
Closed on
Mar 2, 2022
Sold by
Edgar Hicks
Bought by
Atehortua Carlos Andres Ruiz
Seller's Agent
Martin Torpey
S & B Realty
Buyer's Agent
Pablo Martin
Better Homes & Gdns RE Fla 1st
List Price
$199,900
Sold Price
$195,000
Premium/Discount to List
-$4,900
-2.45%
Current Estimated Value
$226,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,133
Avg. Annual Appreciation
4.13%
Original Mortgage
$165,750
Outstanding Balance
$154,457
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$71,676

Purchase Details

Listed on
Nov 28, 2017
Closed on
Jan 18, 2018
Sold by
Barill Peter and Barill Rouyan
Bought by
Hicks Edgar
Seller's Agent
Jason Berger P.A.
LoKation
Buyer's Agent
Martin Torpey
Lauderdale Beach Properties
List Price
$137,777
Sold Price
$130,000
Premium/Discount to List
-$7,777
-5.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.34%
Original Mortgage
$104,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2004
Sold by
Pritchard John W
Bought by
Barill Peter and Barill Rouyan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.19%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 4, 2001
Sold by
Pritchard John W
Bought by
Pritchard John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 1997
Sold by
Daniele Ciro
Bought by
Pritchard John W and Pritchard Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
7.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 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
Atehortua Carlos Andres Ruiz $195,000 Nicholas G Sadaka Pa
Hicks Edgar $130,000 Chicago Title
Barill Peter $153,900 First American Title Ins Co
Pritchard John W $42,000 --
Pritchard John W $55,000 --
Available Not $46,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Atehortua Carlos Andres Ruiz $165,750
Previous Owner Hicks Edgar $104,000
Previous Owner Barill Peter $120,000
Previous Owner Pritchard John W $64,800
Previous Owner Pritchard John W $64,800
Previous Owner Pritchard John W $44,000
Closed Barill Peter $15,225
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/02/2022 03/02/22 Sold $195,000 -2.5% $232 / Sq Ft
01/31/2022 01/31/22 Pending -- -- --
01/17/2022 01/17/22 For Sale $199,900 +53.8% $238 / Sq Ft
01/18/2018 01/18/18 Sold $130,000 -5.6% $133 / Sq Ft View Prior Sale
12/19/2017 12/19/17 Pending -- -- --
11/28/2017 11/28/17 For Sale $137,777 0.0% $141 / Sq Ft
07/23/2013 07/23/13 Rented $995 0.0% --
07/23/2013 07/23/13 For Rent $995 -- --
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 $4,383 $215,220 $21,520 $193,700
2024 $3,469 $198,310 $19,830 $178,480
2023 $3,469 $193,190 $19,320 $173,870
2022 $3,398 $148,110 $0 $0
2021 $3,006 $134,650 $0 $0
2020 $2,698 $122,410 $12,240 $110,170
2019 $2,730 $123,020 $12,300 $110,720
2018 $2,589 $118,340 $11,830 $106,510
2017 $2,362 $109,740 $0 $0
2016 $2,210 $99,770 $0 $0
2015 $2,104 $90,700 $0 $0
2014 $2,017 $82,460 $0 $0
2013 -- $74,970 $7,500 $67,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10313591

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-03-BG-0050