NOT LISTED FOR SALE

2505 Bay Dr Unit 2 Pompano Beach, FL 33062

Estimated Value: $480,000 - $725,000

2 Beds
2 Baths
1,470 Sq Ft
$599/mo HOA Fee

Last Sold October 06, 2020

Last sale price $365,000 $248 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,342/month

46 Days on Market

Highlights

  • Newly Remodeled
  • End Unit
  • Community Barbecue Grill
  • Main Floor Bedroom
  • Courtyard
  • 2-minute walk to Hillsboro Inlet Park

About This Home

As of October 2020

Freshly renovated to perfection with exclusive PRIVATE BEACH ACCESS. Pristine condition. Never been lived in. Elegant quartz countertops. Spacious walk in closet. Brand new stainless steel appliances. Walk to Hillsborough Inlet park for tranquil views of the inlet or to pick up the Pompano Beach Water Taxi. Lush courtyard sanctuary. Pet friendly Woof! Meow!

Last Agent to Sell the Property

Theodore 'Tad' Wootton

Compass Florida, LLC License #3311902 Listed on: 08/02/2020

Compass Florida, LLC

Last Buyer's Agent

Theodore 'Tad' Wootton

Compass Florida, LLC License #3311902 Listed on: 08/02/2020

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,852

Year Built

  • Built in 1966 | Newly Remodeled

Lot Details

  • 1,742

HOA Fees

  • $599 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,470 Sq Ft Home
  • 2-Story Property
  • Awning
  • Ceramic Tile Flooring
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Parking

  • 1 Carport Space
  • 1 Car Parking Space

Additional Features

  • Courtyard
  • End Unit
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 484329AB0020

Community Details

Overview

  • River Forest Condos
  • River Forest Condo Subdivision

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Additional Features

  • Community Barbecue Grill
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,852

Year Built

Built in 1966 | Newly Remodeled

Lot Details

0

HOA Fees

$599 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1966
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: RIVER FOREST CONDO
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Disposal
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1470
  • Possible Use: Primary
  • Stories: 2
  • Bedroom Features: At Least 1 Bedroom Ground Level

Exterior Features

  • View: None
  • Exterior Features: East Of Us1, Courtyard
  • Patio And Porch Features: Awning(s)
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: River Forest
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Parking Features: 1 Space

Utilities

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

Condo/Co-op/Association

  • Association Fee: 599
  • Amenities: Barbecue
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 484329AB0020
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5852

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2020
Closed on
Oct 1, 2020
Sold by
2505 Bay Drive Inc
Bought by
Rd78 Llc
Seller's Agent
Theodore 'Tad' Wootton
Compass Florida, LLC
Buyer's Agent
Theodore 'Tad' Wootton
Compass Florida, LLC
List Price
$388,000
Sold Price
$365,000
Premium/Discount to List
-$23,000
-5.93%
Current Estimated Value
$567,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,942
Avg. Annual Appreciation
9.26%

Purchase Details

Listed on
Jul 30, 2019
Closed on
Dec 23, 2019
Sold by
Hodge John and Hodge Phyllis
Bought by
2505 Bay Dr Llc
Seller's Agent
Marissa Albertine
Mari Juliette Real Estate
List Price
$365,000
Sold Price
$328,500
Premium/Discount to List
-$36,500
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.87%

Purchase Details

Closed on
May 15, 2017
Sold by
Lavigne Arlette
Bought by
Hodge John N and Hodge Phyllis

Purchase Details

Closed on
Sep 14, 2000
Sold by
Jones Alice L
Bought by
Lavigne Arlette
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
Rd78 Llc $365,000 My Title Guy
2505 Bay Dr Llc $328,500 None Available
Hodge John N $200,000 Attorney
Lavigne Arlette $140,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2020 10/06/20 Sold $365,000 -2.7% $248 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
09/02/2020 09/02/20 Price Changed $375,000 -1.3% $255 / Sq Ft
08/14/2020 08/14/20 Price Changed $380,000 -2.1% $259 / Sq Ft
07/31/2020 07/31/20 For Sale $388,000 0.0% $264 / Sq Ft
07/18/2020 07/18/20 Rented $2,900 0.0% --
06/04/2020 06/04/20 Price Changed $2,900 -0.9% $2 / Sq Ft
05/20/2020 05/20/20 Price Changed $2,925 -0.8% $2 / Sq Ft
05/10/2020 05/10/20 Price Changed $2,950 -0.8% $2 / Sq Ft
04/30/2020 04/30/20 Price Changed $2,975 -0.8% $2 / Sq Ft
03/10/2020 03/10/20 Price Changed $3,000 -3.2% $2 / Sq Ft
03/05/2020 03/05/20 Price Changed $3,100 -3.1% $2 / Sq Ft
02/23/2020 02/23/20 Price Changed $3,200 -3.0% $2 / Sq Ft
02/19/2020 02/19/20 For Rent $3,300 0.0% --
01/02/2020 01/02/20 Sold $328,500 -10.0% $223 / Sq Ft
12/03/2019 12/03/19 Pending -- -- --
07/30/2019 07/30/19 For Sale $365,000 -- $247 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $8,781 $413,000 $41,300 $371,700
2024 $8,211 $413,000 $41,300 $371,700
2023 $8,211 $374,360 $0 $0
2022 $7,257 $340,330 $34,030 $306,300
2021 $6,885 $322,630 $32,260 $290,370
2020 $6,073 $288,120 $28,810 $259,310
2019 $5,852 $276,640 $27,660 $248,980
2018 $5,239 $249,440 $24,940 $224,500
2017 $1,913 $130,370 $0 $0
2016 $1,865 $127,690 $0 $0
2015 $1,910 $126,810 $0 $0
2014 $1,901 $125,810 $0 $0
2013 -- $123,960 $12,400 $111,560
Source: Public Records

Agents Affiliated with this Home

  • Theodore 'Tad' Wootton

    Seller's Agent in 2020

    Theodore 'Tad' Wootton

    Compass Florida, LLC

    (954) 888-8797

    2 in this area

    33 Total Sales

    Theodore 'Tad' Wootton
    Section Image
  • Marissa Albertine

    Seller's Agent in 2020

    Marissa Albertine

    Mari Juliette Real Estate

    (954) 326-4476

    6 in this area

    56 Total Sales

    Marissa Albertine
    Section Image
  • Naomi Tulk-Perna

    Seller Co-Listing Agent in 2020

    Naomi Tulk-Perna

    LoKation Real Estate

    (954) 881-4813

    1 in this area

    5 Total Sales

    Naomi Tulk-Perna
    Section Image
  • Ryan Whaley

    Seller Co-Listing Agent in 2020

    Ryan Whaley

    Campbell&Rosemurgy Real Estate

    (954) 427-8686

    2 in this area

    52 Total Sales

    Ryan Whaley
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10902666

MIAMI REALTORS® MLS

APN: 48-43-29-AB-0020

Florida Broward County Pompano Beach 33062

2505 Bay Dr Unit 2, Pompano Beach, FL

This home is located at 2505 Bay Dr Unit 2, Pompano Beach, FL 33062 since 02 August 2020 and is currently estimated at $567,942, approximately $386 per square foot. This property was built in 1966. 2505 Bay Dr Unit 2 is a home located in Broward County with nearby schools including Cresthaven Elementary School, Crystal Lake Middle School, and Deerfield Beach High School.

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