$245,000
SOLD AUG 18, 2016

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

2 Beds
2 Baths
1,102 Sq Ft
$400/mo HOA Fee

Recently Sold

$222 Per Sq Ft

6% Below List Price

32 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Clubhouse
  • Balcony
  • Heated Pool
  • Bike Room
  • 4-minute walk to Hillsboro Inlet Park

About This Home

As of July 2018

DIRECTLY ON THE INTRACOASTAL SPACIOUS 2/2. SPECTACULAR VIEWS FROM YOUR INTRACOASTAL BALCONY. FROM THE FRONT DOOR YOU HAVE BEAUTIFUL VIEWS OF THE OCEAN AND HILLSBORO LIGHTHOUSE. SPLIT BEDROOMS. SLIDING BALCONY DOOR IS IMPACT GLASS AND HURRICANE SHUTTERS ON THE FRONT WINDOWS. ACCESS TO PRIVATE BEACH OF HILLSBORO SHORES $350 A YEAR BUT NOT MANDATORY. EXTRA STORAGE ROOM. HEATED POOL, CLUBHOUSE, BBQ GRILLS. CONDO IS READY FOR YOUR PERSONAL TOUCHES UPDATED UNITS SELLING FOR OVER 300K.

Last Agent to Sell the Property

Karen Heidisch

LoKation License #3274700 Listed on: 06/16/2016

LoKation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,289

Year Built

  • Built in 1972

Lot Details

  • East Facing Home

HOA Fees

  • $400 Monthly HOA Fees

Interior Spaces

  • 1,102 Sq Ft Home

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Heated Pool
  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 484329AK0200

Community Details

Overview

  • Association fees include common areas, HVAC, insurance, laundry, ground maintenance, maintenance structure, parking, pool(s), recreation facilities, reserve fund, roof, sewer, trash, water
  • Waters Edge Subdivision
  • 11-Story Property

Amenities

  • Picnic Area
  • Clubhouse
  • Laundry Facilities
  • Bike Room

Recreation

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,289

Year Built

Built in 1972

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 1972
  • Carport Y N: No
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Elevator, Other
  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Self Cleaning Oven
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1102.0
  • Stories: 11

Exterior Features

  • Exterior Features: Balcony, Barbecue
  • View: Intercoastal
  • Pool Features: Heated
  • Waterfront Features: Intracoastal Access, None
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Security: Elevator Secured, Intercom, Key Card Entry
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 400.0
  • Senior Community: No
  • Amenities: Bike Storage, Clubhouse, Community Kitchen, Laundry, Barbecue, Picnic Area, Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Common Areas, HVAC, Insurance, Laundry, Maintenance Grounds, Maintenance Structure, Parking, Pool(s), Recreation Facilities, Reserve Fund, Roof, Sewer, Trash, Water

Lot Info

  • Parcel #: 484329AK0200

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 4289.0

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
6.96%
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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $300,000 Attorney
Interfamily Deed Transfer -- Attorney
Quit Claim Deed $25,714 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 New Conventional
Previous Owner $50,000 Credit Line Revolving
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: 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 $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: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10017221

BeachesMLS (Greater Fort Lauderdale)

APN: 48-43-29-AK-0200