NOT LISTED FOR SALE

2240 N Cypress Bend Dr Unit 408 Pompano Beach, FL 33069

Palm Aire Neighborhood

Estimated Value: $245,990 - $304,000

2 Beds
2 Baths
1,240 Sq Ft
$290/mo HOA Fee

Last Sold February 20, 2015

Last sale price $105,000 $85 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $2,167/month

42 Days on Market

Highlights

  • Community Pool
  • Guest Parking
  • Central Heating and Cooling System
  • Elevator

About This Home

As of February 2015

Spacious 2/2 in desirable Cypress Bend. Great location, close to Casino, Palm Aire Golf Course, shopping, beaches, and dining. PROPERTY IS OCCUPIED AND OCCUPANTS ARE NOT TO BE DISTURBED OR CONTACTED UNDER ANY CIRCUMSTANCES.INTERIOR INSPECTIONS ARE NOT A VAILABLE AND THE PROPERTY IS BEING SOLD AS IS. Seller is offering closing cost concessions to the buyer in the amount of $750. Buyer responsible to do their own due diligence. MLS data is not guaranteed to be true and correct.

Last Agent to Sell the Property

Maureen Tebaldi

Blue Sky Appraisals, LLC License #573765 Listed on: 12/09/2014

Last Buyer's Agent

Patrick Hurley

Power Home Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1992

Lot Details

  • 0.41

HOA Fees

  • $290 Monthly HOA Fees

Home Design

  • 1,240 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Guest Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 494203BK0320

Community Details

Overview

  • Association fees include all facilities, management, common areas, insurance, ground maintenance, maintenance structure, pool(s), sewer, trash, water
  • Cypress Bend Subdivision
  • 9-Story Property

Amenities

  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1992

Lot Details

0

HOA Fees

$290 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: CYPRESS BEND
  • Year Built: 1992
  • Carport Y N: No
  • Year Built Details: Resale
  • Special Features: RealEstateOwned

Interior Features

  • Interior Amenities: Other
  • Appliances: Other
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Other
  • Living Area: 1240.0
  • Stories: 9

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 290.0
  • Senior Community: No
  • Amenities: Pool, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional, Yes

Fee Information

  • Association Fee Includes: All Facilities, Association Management, Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Pool(s), Sewer, Trash, Water

Lot Info

  • Parcel #: 494203BK0320

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 2902.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2015
Sold by
Girard Steve
Bought by
Girard Steve and Girard Cloe
Current Estimated Value
$265,498

Purchase Details

Listed on
Dec 9, 2014
Closed on
Jan 12, 2015
Sold by
U S Bank National Association
Bought by
Girard Steve
Seller's Agent
Maureen Tebaldi
Blue Sky Appraisals, LLC
Buyer's Agent
Patrick Hurley
Power Home Realty
List Price
$125,600
Sold Price
$105,000
Premium/Discount to List
-$20,600
-16.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.19%

Purchase Details

Closed on
Oct 14, 2014
Sold by
Baxter John C and Cordes Paul Steven
Bought by
Us Bank National Association

Purchase Details

Closed on
Jan 20, 2012
Sold by
Baxter John C and Cordes Paul Steven
Bought by
Cypress Bend Condominium Vii Association

Purchase Details

Closed on
May 26, 2005
Sold by
Gonyo Kenneth D
Bought by
Baxter John C and Cordes Paul Steven

Purchase Details

Closed on
Aug 10, 2004
Sold by
Scherf Frederick Christian and Scherf Lori A
Bought by
Gonyo Kenneth D

Purchase Details

Closed on
Jun 19, 2003
Sold by
Scherf Lori A and Scherf Frederick Christian
Bought by
Scherf Frederick Christian and Scherf Lori A

Purchase Details

Closed on
Nov 4, 1996
Sold by
Oriole Homes Corp
Bought by
Landers Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,250
Interest Rate
8.15%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Girard Steve -- Blade Title Company
Girard Steve $105,000 Attorney
Us Bank National Association $84,100 None Available
Cypress Bend Condominium Vii Association $2,700 None Available
Baxter John C $225,000 Colonial Title Of Plantation
Gonyo Kenneth D $172,000 Colonial Title Of Plantation
Scherf Frederick Christian -- --
Landers Lori A $72,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baxter John C $220,000
Previous Owner Baxter John C $41,250
Previous Owner Landers Lori A $15,000
Previous Owner Landers Lori A $65,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2015 02/20/15 Sold $105,000 -16.4% $85 / Sq Ft
01/21/2015 01/21/15 Pending -- -- --
12/09/2014 12/09/14 For Sale $125,600 -- $101 / 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 $5,199 $252,260 -- --
2024 $4,846 $252,260 -- --
2023 $4,846 $208,490 $0 $0
2022 $4,223 $189,540 $0 $0
2021 $3,768 $172,310 $17,230 $155,080
2020 $3,452 $159,600 $15,960 $143,640
2019 $3,519 $161,700 $16,170 $145,530
2018 $3,396 $158,470 $15,850 $142,620
2017 $3,176 $152,120 $0 $0
2016 $2,972 $140,990 $0 $0
2015 $2,863 $131,000 $0 $0
2014 $2,902 $131,560 $0 $0
2013 -- $119,600 $11,960 $107,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F1319358

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-03-BK-0320