NOT LISTED FOR SALE

2602 N Riverside Dr Pompano Beach, FL 33062

Beachside Pompano Beach Neighborhood

Estimated Value: $768,256 - $1,109,000

2 Beds
2 Baths
1,638 Sq Ft
$580/Sq Ft Est. Value

Last Sold February 14, 2019

Last sale price $500,000 $305 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $6,243/month

21 Days on Market

Highlights

  • Room in yard for a pool
  • No HOA
  • Fireplace
  • Garden View
  • Circular Driveway
  • Cooling Available

About This Home

As of February 2019

Charming Home in Pompano's highly sought after Hillsboro Shores Neighborhood. Private beach access available.

Last Agent to Sell the Property

Moka McGee

MMLS Assoc.-Inactive Member License #0659290 Listed on: 12/02/2018

MMLS Assoc.-Inactive Member

Co-Listed By

Andrea McGee

MMLS Assoc.-Inactive Member License #3276097

Last Buyer's Agent

Moka McGee

MMLS Assoc.-Inactive Member License #0659290 Listed on: 12/02/2018

MMLS Assoc.-Inactive Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,309

Year Built

  • Built in 1956

Lot Details

  • 7,964 Sq Ft Lot
  • West Facing Home
  • Property is zoned 01

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,638 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Entrance Foyer
  • Family Room
  • Garden Views

Flooring

  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Circular Driveway
  • Open Parking

Outdoor Features

  • Room in yard for a pool
  • Patio
  • Shed

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 484329051320

Community Details

Overview

  • No Home Owners Association
  • Hillsboro Shores Sec B Subdivision

Recreation

  • Beach Club Membership Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,309

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1956
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Co List Office Mls Id: MCGR01
  • Co List Office Phone: 954-873-9404
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: HILLSBORO SHORES SEC B
  • Year Built Details: Unknown
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater, Refrigerator
  • Interior Amenities: First Floor Entry, Entrance Foyer, Family Room
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Terrazzo, Tile
  • Furnished: Unfurnished
  • Living Area: 1638
  • Possible Use: Primary
  • Bedroom Features: Entry Level
  • Living Room Features: Family Room

Exterior Features

  • Roof: Barrel Roof
  • View: Garden
  • Exterior Features: Room For Pool
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Lot Features: Less Than 1/4 Acre Lot
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: HILLSBORO SHORES SEC B
  • Open Parking: Yes
  • Parking Features: Circular Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Beach Club Member Available

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 484329051320
  • Lot Size Sq Ft: 7964
  • Zoning: 01
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3309

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2018
Closed on
Feb 14, 2019
Sold by
Michaelidis George and Michaelidis Magdalena
Bought by
Meighan Amber Margaret
Seller's Agent
Moka McGee
MMLS Assoc.-Inactive Member
Buyer's Agent
Moka McGee
LXRE INC
List Price
$538,000
Sold Price
$500,000
Premium/Discount to List
-$38,000
-7.06%
Current Estimated Value
$950,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$450,314
Avg. Annual Appreciation
9.70%
Original Mortgage
$484,350
Outstanding Balance
$422,382
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$527,932

Purchase Details

Closed on
Sep 26, 2008
Sold by
Michaelidis George and Michaelidis Magdalena
Bought by
Michaelidis George and Michaelidis Magdalena

Purchase Details

Closed on
Jan 15, 1998
Sold by
Leslie Straus Tr and Arnold I Krugman Tr
Bought by
Michaelidis George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
7.16%
Mortgage Type
New Conventional
Source: Public Records

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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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
Meighan Amber Margaret $500,000 Cay Title
Michaelidis George -- None Available
Michaelidis George $100 --
Michaelidis George $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meighan Amber Margaret $484,350
Previous Owner Michaelidis George $101,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2019 02/14/19 Sold $500,000 -7.1% $305 / Sq Ft
12/03/2018 12/03/18 Pending -- -- --
11/12/2018 11/12/18 For Sale $538,000 -- $328 / 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
2026 $15,695 $759,160 -- --
2025 $13,840 $690,150 -- --
2024 $12,423 $690,150 $119,460 $482,610
2023 $12,423 $570,380 $0 $0
2022 $10,925 $518,530 $119,460 $399,070
2021 $10,140 $480,200 $119,460 $360,740
2020 $10,238 $493,160 $119,460 $373,700
2019 $3,448 $199,470 $0 $0
2018 $3,309 $195,760 $0 $0
2017 $3,141 $191,740 $0 $0
2016 $3,088 $187,800 $0 $0
2015 $3,167 $186,500 $0 $0
2014 $3,155 $185,020 $0 $0
2013 -- $254,260 $119,460 $134,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Moka McGee

    MMLS Assoc.-Inactive Member

    Section Image

  • A

    Seller Co-Listing Agent in 2019

    Andrea McGee

    MMLS Assoc.-Inactive Member

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10579694

MIAMI REALTORS® MLS

APN: 48-43-29-05-1320

Florida Broward County Pompano Beach 33062 Beachside Pompano Beach

2602 N Riverside Dr, Pompano Beach, FL

Not Listed for Sale

Detached

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