NOT LISTED FOR SALE

Estimated Value: $395,000 - $464,000

2 Beds
2 Baths
1,228 Sq Ft
1964 Built

Sale Details

Date Sold: September 30, 2022

Last sale price $435,000 $354 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,637 / mo

12 Days on Market

Highlights

  • Property has ocean access
  • Home fronts a canal
  • Central Heating and Cooling System
  • Active Adult
  • Main Floor Primary Bedroom
  • Laundry Facilities

About This Home

As of September 2022

1st Floor Corner Unit in the Boutique Drexel Arms Condominium With Unobstructed Endless Water Views! Beautiful Upgraded Kitchen with new Cabinetry, Granite Counter Tops and Stainless Steel Appliances, Both Bathrooms upgraded With Neutral Tile Throughout. Large Enclosed Patio to Relax or Entertain While Enjoying the Tranquil Water Views. Conveniently Located in the Sought after City of Lighthouse Point and Near All the Shops & Restaurants in Town. This is a 55+ Community and no Leasing.

Last Agent to Sell the Property

Laurie Summa

T International Realty LLC License #3071048 Listed on: 08/19/2022

Co-Listed By

Michele Hale

T International Realty LLC License #3219723

Last Buyer's Agent

Teresa Bauer

RE/MAX First License #0004652

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,061

Year Built

  • Built in 1964

Lot Details

  • Home fronts a canal
  • East Facing Home

HOA Fees

  • $644 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,228 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Additional Features

  • Property has ocean access
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 484318db0010

Community Details

Overview

  • Active Adult
  • Drexel Arms Condo Subdivision
  • Mandatory home owners association

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,061

Year Built

Built in 1964

Lot Details

0 Sq Ft Lot

HOA Fees

$644 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1964
  • Property Sub Type: Condominium
  • Co List Office Mls Id: FLL607508
  • Co List Office Phone: 561-656-2929
  • Directions: Sample Road East of Federal Hwy, On the Corner of Lighthouse Point Drive and Sample Road, on North East Corner
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Road Frontage Type: U.S. Hwy
  • Building Stories: 2
  • Structure Type: Condo
  • Subdivision Name: DREXEL ARMS CONDO
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Active With Contract
  • CurrentPrice: 435000
  • ShowingTimeFlag: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Interior Amenities: No Interior Features
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Furnished: Unfurnished
  • Living Area: 1228
  • Possible Use: Primary
  • Stories: 2
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level

Exterior Features

  • Exterior Features: East Of Us1
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Lot Features: East Of US 1
  • Other Structures: Livable
  • Pool Private: No
  • View: No
  • Waterfront Features: Canal Front, Canal, Ocean Access
  • Waterfront: Yes

Utilities

  • Sewer: At Site, Public Sewer, Other, Public Sanitation, Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Utilities: Sewer Connected, Water Connected, Sewer Available, Water Available

Condo/Co-op/Association

  • Association Fee: 644
  • Amenities: Laundry, Laundry Facility, None
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Laundry Facilities, Mandatory Hoa, None
  • Senior Community: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 484318db0010
  • Zoning: residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2061

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2022
Closed on
Sep 28, 2022
Sold by
Bought by
Seller's Agent
Laurie Summa
T International Realty LLC
Buyer's Agent
Teresa Bauer
RE/MAX First
List Price
$500,000
Sold Price
$435,000
Premium/Discount to List
-$65,000
-13%
Current Estimated Value
$429,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,004
Avg. Annual Appreciation
-0.30%

Purchase Details

Closed on
Dec 29, 2015
Sold by
Bought by

Purchase Details

Closed on
Dec 18, 2012
Sold by
Bought by

Purchase Details

Closed on
Sep 24, 2003
Sold by
Bought by

Purchase Details

Closed on
Oct 23, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Lighthouse Point, FL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$435,000 --
-- --
-- Attorney
$145,000 Attorney
-- --
$100 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/30/2022 09/30/22 Sold $435,000 -13.0% $354 / Sq Ft
08/31/2022 08/31/22 Pending -- -- --
08/19/2022 08/19/22 For Sale $500,000 -- $407 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,558 $363,110 $36,310 $326,800
2025 $7,656 $389,520 $38,950 $350,570
2024 $7,793 $362,250 $36,220 $326,030
2023 $7,793 $369,040 $36,900 $332,140
2022 $2,127 $121,580 $0 $0
2021 $2,061 $118,040 $0 $0
2020 $1,973 $116,420 $0 $0
2019 $1,923 $113,810 $0 $0
2018 $1,827 $111,690 $0 $0
2017 $1,720 $109,400 $0 $0
2016 $1,687 $107,150 $0 $0
2015 $1,369 $106,410 $0 $0
2014 $1,377 $105,570 $0 $0
2013 -- $132,460 $13,250 $119,210
Source: Public Records

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Map

Source: MIAMI REALTORS® MLS

MLS Number: R10826234

MIAMI REALTORS® MLS

APN: 48-43-18-DB-0010

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