NOT LISTED FOR SALE

2316 S Cypress Bend Dr Unit 420 Pompano Beach, FL 33069

Palm Aire Neighborhood

Estimated Value: $174,475 - $214,000

2 Beds
2 Baths
1,100 Sq Ft
$337/mo HOA Fee

Last Sold March 29, 2019

Last sale price $115,000 $105 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,648/month

27 Days on Market

Highlights

  • Fitness Center
  • Heated Pool
  • Sauna
  • Built in 1974 | Newly Remodeled
  • Clubhouse
  • Tennis Courts

About This Home

As of March 2019

Opportunity Knocks: Irresistibly Priced Corner 2/2 with Coveted Top Floor Location in the Clusters of Cypress Bend. Ready for Your Own Personal Touch! Enjoy a Carefree, Resort Lifestyle with Prime Location by Clubhouse, Tennis, Fitness Center & Pool. Steps to Laundry, Elevator & Parking Spot. Large Kitchen with Pass-Thru. Bright Breezy Living Area. Spacious Bedrooms. Screened Balcony Overlooking Lush, Tropical Scenery. Storm Shutters. Foyer Entry. Cat-Friendly Complex. Live amidst all Pompano Beach has to offer while this trendy locale is still affordable! Brand-New Library & Arts Center, Publix, Casino, Shops, Dining & Beach Are All Just a Breeze Away. Hurry, This One Won't Last!

Last Agent to Sell the Property

Shawn Raval

RE/MAX Interaction Realty License #3304894 Listed on: 01/30/2019

RE/MAX Interaction Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,092

Year Built

  • Built in 1974 | Newly Remodeled

Lot Details

  • 7.86

HOA Fees

  • $337 Monthly HOA Fees

Interior Spaces

  • 1,100 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Carpet

Kitchen

  • Self-Cleaning Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Pool

  • Heated Pool

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 494203AB1590

Community Details

Overview

  • Association fees include management, common areas, laundry, maintenance structure, recreation facilities, reserve fund, sewer, trash, water
  • 380 Units
  • Cypress Bend Subdivision, Penthouse Corner Floorplan

Amenities

  • Picnic Area
  • Sauna
  • Clubhouse
  • Community Library
  • Laundry Facilities
  • Elevator
  • Bike Room

Recreation

  • Tennis Courts
  • Shuffleboard Court
  • Fitness Center
  • Community Pool
  • Community Spa
  • Trails

Pet Policy

  • Pets Allowed

Security

  • Security Guard
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,092

Year Built

Built in 1974 | Newly Remodeled

Lot Details

0

HOA Fees

$337 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Turn into Cypress Bend. Right at stop sign. Look for Clusters "C" Bldg entrance on right immediately after passing tennis courts. Plenty of guest parking. Elevator is at 2314 building entrance.
  • Year Built: 1974
  • Carport Y N: No
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: 4098

Interior Features

  • Interior Amenities: Bedroom on Main Level, Entrance Foyer, Living/Dining Room, Main Living Area Entry Level, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Water Heater, Refrigerator, Self Cleaning Oven
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet
  • Living Area: 1100.0
  • Dining Room Type: Storage Room
  • Stories: 4
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Storm/Security Shutters
  • View: Other
  • Pool Features: Heated
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: New Construction

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Security: Security Guard
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 1012.0
  • Senior Community: No
  • Amenities: Bike Storage, Clubhouse, Community Kitchen, Fitness Center, Laundry, Library, Barbecue, Picnic Area, Pool, Shuffleboard Court, Sauna, Spa/Hot Tub, Tennis Court(s), Trail(s), Elevator(s)
  • Association #2 Fee: 1012.0
  • Association Fee Frequency: Quarterly
  • Pets Allowed: Cats OK, Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Laundry, Maintenance Structure, Recreation Facilities, Reserve Fund, Sewer, Trash, Water

Lot Info

  • Parcel #: 494203AB1590

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2092.0

Multi Family

  • Number Of Units In Community: 380

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2019
Closed on
Mar 20, 2019
Sold by
Lo Tso Clement K and Lo Tso Lin
Bought by
Bancy Matthew
Seller's Agent
Shawn Raval
RE/MAX Interaction Realty
List Price
$115,000
Sold Price
$115,000
Current Estimated Value
$190,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,119
Avg. Annual Appreciation
7.79%
Original Mortgage
$92,000
Outstanding Balance
$80,719
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$109,400

Purchase Details

Listed on
Sep 11, 2013
Closed on
Jan 15, 2014
Sold by
Cain Christine and Livensperger Alan J
Bought by
Tso Clement K and Tso Lin Lo
Seller's Agent
Wendy Elder
Charles Rutenberg Realty FTL
Buyer's Agent
Jacqueline Smith
Balistreri Realty, Inc 5
List Price
$119,500
Sold Price
$111,000
Premium/Discount to List
-$8,500
-7.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.68%

Purchase Details

Closed on
Aug 22, 2002
Sold by
Dapaixao Antonio and Carcamo Sarisol Isolina
Bought by
Cain Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
6.49%

Purchase Details

Closed on
Jul 31, 2000
Sold by
Goldsmith Charles E and Goldsmith Hildegard
Bought by
Dapaixao Antonio and Rosa Roberto D

Purchase Details

Closed on
Jul 14, 1995
Sold by
Guida Steven and Guida Rosalee
Bought by
Goldsmith Charles E and Goldsmith Hildegard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7.46%

Purchase Details

Closed on
Oct 5, 1994
Sold by
Keena Edmund T and Keena Saritha A
Bought by
Guida Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,800
Interest Rate
8.46%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bancy Matthew $115,000 Attorney
Tso Clement K $111,000 Integrity Title Inc
Cain Christine $94,500 Team Title & Escrow Inc
Dapaixao Antonio $63,500 --
Goldsmith Charles E $50,000 --
Guida Steven $51,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bancy Matthew $92,000
Previous Owner Cain Christine $94,500
Previous Owner Goldsmith Charles E $45,000
Previous Owner Guida Steven $40,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/29/2019 03/29/19 Sold $115,000 0.0% $105 / Sq Ft
02/27/2019 02/27/19 Pending -- -- --
01/30/2019 01/30/19 For Sale $115,000 0.0% $105 / Sq Ft
12/02/2015 12/02/15 Rented $1,250 -3.8% --
11/02/2015 11/02/15 Under Contract -- -- --
03/28/2015 03/28/15 For Rent $1,300 0.0% --
01/16/2014 01/16/14 Sold $111,000 -7.1% $101 / Sq Ft View Prior Sale
12/17/2013 12/17/13 Pending -- -- --
09/11/2013 09/11/13 For Sale $119,500 -- $109 / 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 $3,733 $172,220 -- --
2024 $3,506 $172,220 -- --
2023 $3,506 $142,340 $0 $0
2022 $3,000 $129,400 $0 $0
2021 $2,724 $117,640 $0 $0
2020 $2,385 $106,950 $10,700 $96,250
2019 $2,513 $112,380 $11,240 $101,140
2018 $2,404 $113,430 $11,340 $102,090
2017 $2,092 $97,380 $0 $0
2016 $1,964 $90,900 $0 $0
2015 $1,978 $88,490 $0 $0
2014 $659 $50,160 $0 $0
2013 -- $58,020 $5,800 $52,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10160446

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-03-AB-1590