NOT LISTED FOR SALE

The Waters Edge 2611 N Riverside Dr Unit 406 Pompano Beach, FL 33062

Estimated Value: $442,000 - $579,000

2 Beds
2 Baths
1,102 Sq Ft
$458/mo HOA Fee

Last Sold July 17, 2018

Last sale price $300,000 $272 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,736/month

30 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Clubhouse
  • Bike Room
  • Intercom to Front Desk
  • Heated Community Pool
  • 4-minute walk to Hillsboro Inlet Park

About This Home

As of July 2018

SMACK ON THE INTRACOASTAL A RARE FIND AT AN AFFORDABLE PRICE AND UPDATED UNIT***IMPACT GLASS THRU-OUT***24 INCH WHITE TILE COMPLETELY UPDATED,BRIGHT AND OPEN KITCHEN WITH QUARTZ COUNTER TOPS AND STAINLESS STEEL APPLIANCES.UPDATED IN LATE 2016, EARLY 2017.UPDATED BATHROOMS***MOVE IN READY*** OPEN BALCONY HAS UNOBSTRUCTIVE VIEWS OF THE INTRA-COASTAL SIP YOUR COFFEE IN THE MORNING & HAPPY HOUR IN THE EVENING.ENJOY ALL THE ACTIVITY OF BOAT NATURES,PLANES WITHOUT LEAVING YOUR HOME INCLUDING THE YEARLY BOAT SHOW**PRIVATE BEACH ACCESS FOR $350 PER YEAR**HIDDEN GEN IN POMPANO BEACH**WATERS EDGE:HAS COMPLETED ITS 40 YEAR CERTIFICATION, ENJOY BILLARDS,HEATED POOL FULL KITCHEN, BBQ GRILLS EXTRA STORAGE AND MUCH MORE. **MUST OWN FOR 2 YEARS BEFORE RENTING/ANNUAL LEASE ONLY**BONUS SEE BROKERS REMARKS**

Last Agent to Sell the Property

Richard Thompson

The Keyes Company License #0465497 Listed on: 04/26/2018

The Keyes Company

Last Buyer's Agent

Jayne Balta

Balistreri Realty Inc 2 License #0705874

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,162

Year Built

  • Built in 1972

Lot Details

  • East Facing Home

HOA Fees

  • $458 Monthly HOA Fees

Parking

  • Guest Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,102 Sq Ft Home
  • Sliding Windows
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Home Security

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 484329AK0200

Community Details

Overview

  • Mid-Rise Condominium
  • Water Edge Condos
  • Waters Edge Condo Subdivision
  • Car Wash Area
  • 11-Story Property

Amenities

  • Community Barbecue Grill
  • Trash Chute
  • Clubhouse
  • Community Kitchen
  • Laundry Facilities
  • Intercom to Front Desk
  • Bike Room

Recreation

Pet Policy

  • No Pets Allowed

Building Details

Security

  • Card or Code Access
  • Secure Elevator
  • Partial Accordion Shutters
  • High Impact Windows
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,162

Year Built

Built in 1972

Lot Details

0

HOA Fees

$458 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Property Sub Type: Condominium
  • Directions: FEDERAL HWY EAST ON 14TH ST CAUSEWAY-LEFT ON A1A NORTH TO DOVER RD,LEFT ON DOVER TO RIVERSIDE DR. NORTH, RIGTH ON RIVERSIDE, BUILDING ON LEFT. GUESS PARKING ON RIGHT OF THE BUILDING.
  • Entry Level: 4
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: WATERS EDGE CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Ice Maker, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Elevator, Pantry, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1102
  • Possible Use: Primary
  • Stories: 11
  • Window Features: Complete Impact Glass, Partial Accordian Shutters, High Impact Windows, Sliding
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen

Exterior Features

  • View: Intracoastal View
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: WATER EDGE
  • Parking Features: Guest

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Elevator Secure, Card Entry, Intercom In Lobby

Condo/Co-op/Association

  • Association Fee: 1375
  • Amenities: Bike Storage, Barbecue, Clubhouse-Clubroom, Heated Pool, Kitchen Facilities, Trash Chute, Vehicle Wash Area
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 484329AK0200
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Maintenance Expense: 1375

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3162

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2018
Closed on
Jul 9, 2018
Sold by
Feige Maria
Bought by
Saunders Thomas J
Seller's Agent
Richard Thompson
The Keyes Company
Buyer's Agent
Jayne Balta
Balistreri Realty Inc 2
List Price
$319,900
Sold Price
$300,000
Premium/Discount to List
-$19,900
-6.22%
Current Estimated Value
$481,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,266
Avg. Annual Appreciation
7.00%
Original Mortgage
$150,000
Outstanding Balance
$131,345
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$349,921

Purchase Details

Closed on
Sep 19, 2008
Sold by
Haley Janet R
Bought by
Hanson Deborah L and Pender Daryl L

Purchase Details

Closed on
Dec 1, 1985
Sold by
Available Not
Bought by
Available Not
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
Saunders Thomas J $300,000 Attorney
Hanson Deborah L -- Attorney
Available Not $25,714 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saunders Thomas J $150,000
Previous Owner Haley Janet R $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2018 07/17/18 Sold $300,000 -4.7% $272 / Sq Ft
05/19/2018 05/19/18 Price Changed $314,900 -1.6% $286 / Sq Ft
04/26/2018 04/26/18 For Sale $319,900 +30.6% $290 / Sq Ft
08/18/2016 08/18/16 Sold $245,000 -5.7% $222 / Sq Ft
07/19/2016 07/19/16 Pending -- -- --
06/16/2016 06/16/16 For Sale $259,900 -- $236 / 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 $7,438 $362,400 $36,240 $326,160
2024 $7,094 $362,400 $36,240 $326,160
2023 $7,094 $308,560 $0 $0
2022 $6,393 $280,510 $0 $0
2021 $5,488 $255,010 $25,500 $229,510
2020 $5,496 $259,710 $25,970 $233,740
2019 $5,414 $253,740 $25,370 $228,370
2018 $3,330 $196,800 $0 $0
2017 $3,162 $192,760 $0 $0
2016 $4,630 $210,720 $0 $0
2015 $4,289 $191,570 $0 $0
2014 $3,790 $174,160 $0 $0
2013 -- $177,310 $17,730 $159,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10458968

MIAMI REALTORS® MLS

APN: 48-43-29-AK-0200