NOT LISTED FOR SALE

The Waters Edge 2611 N Riverside Dr Unit 805 Pompano Beach, FL 33062

Estimated Value: $294,375 - $389,000

1 Bed
1 Bath
777 Sq Ft
$483/mo HOA Fee

Last Sold May 15, 2020

Last sale price $225,000 $290 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,681/month

153 Days on Market

Highlights

  • Ocean View
  • Property fronts an intracoastal waterway
  • Heated Pool
  • Property has ocean access
  • Fitness Center
  • 4-minute walk to Hillsboro Inlet Park

About This Home

As of May 2020

NEWLY REPRICED! Now selling furnished!

Ideally located directly on the Intracoastal waterway, a newly-painted spacious 777 sq ft 1bed/1bath layout, with 8th floor views to the West and Ocean. Spend days on your balcony gazing into the limpid waters, and marvel at the marine life frolicking in the waters below. Watch the daily parade of water craft making their way to the ocean and back through the Hillsboro Inlet. Located close to the iconic Hillsboro Club and Lighthouse.

Featuring impact sliding doors and windows, a pool directly on the Intracoastal and communal entertaining areas. Bedroom features remote-control electric blind. In addition, residents have optional access to a private beach club.

Indulge yourself in the relaxed lifestyle that this wonderful condo offers.

Last Agent to Sell the Property

Jacobus Louw

BHHS EWM Realty License #3442562 Listed on: 11/13/2019

BHHS EWM Realty

Last Buyer's Agent

Jacobus Louw

BHHS EWM Realty License #3442562 Listed on: 11/13/2019

BHHS EWM Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,733

Year Built

  • Built in 1972

Lot Details

  • 1.08

HOA Fees

  • $483 Monthly HOA Fees

Property Views

Interior Spaces

  • 777 Sq Ft Home
  • Furnished
  • Entrance Foyer
  • Combination Dining and Living Room
  • Utility Room
  • Laundry Room
  • Marble Flooring

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Heated Pool
  • Property has ocean access
  • No Fixed Bridges
  • Balcony
  • Open Patio

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 484329AK0510

Community Details

Overview

  • Association fees include management, common areas, ground maintenance, parking, pool(s), recreation facilities, reserve fund, trash
  • Water's Edge Condo Subdivision
  • 11-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Shuffleboard Court
  • Fitness Center

Security

  • Card or Code Access
  • Phone Entry
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,733

Year Built

Built in 1972

Lot Details

0

HOA Fees

$483 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: Bedroom on Main Level, Entrance Foyer, Living/Dining Room, Walk-In Closet(s)
  • Furnished: Furnished
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Marble
  • Living Area: 777.0
  • Dining Room Type: Laundry, Utility Room
  • Stories: 11
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony, Security/High Impact Doors
  • View: Intercoastal, Ocean, Pool
  • Pool Features: Heated
  • View: Yes
  • Waterfront Features: Intracoastal Access, No Fixed Bridges, Ocean Access, Other
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: One Space

Utilities

  • Laundry Features: Common Area
  • Security: Complex Fenced, Key Card Entry, Phone Entry
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 1450.0
  • Senior Community: No
  • Amenities: Clubhouse, Elevator(s), Fitness Center, Laundry, Pool, Shuffleboard Court, Sauna, Storage
  • Association Fee Frequency: Quarterly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Maintenance Grounds, Parking, Pool(s), Recreation Facilities, Reserve Fund, Trash

Lot Info

  • Parcel #: 484329AK0510

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2733.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2019
Closed on
May 15, 2020
Sold by
Goodwin Pamela M
Bought by
Torres Juan and Torres Magdalena
Seller's Agent
Jacobus Louw
BHHS EWM Realty
Buyer's Agent
Jacobus Louw
BHHS EWM Realty
List Price
$259,000
Sold Price
$225,000
Premium/Discount to List
-$34,000
-13.13%
Current Estimated Value
$337,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,594
Avg. Annual Appreciation
8.04%
Original Mortgage
$220,924
Outstanding Balance
$197,898
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$137,677

Purchase Details

Listed on
Jun 28, 2016
Closed on
Oct 14, 2016
Sold by
Stolle Peter and Stolle Diana
Bought by
Goodwin Pamela M
Seller's Agent
Bill McLaren
Allstar Realty Inc
Buyer's Agent
Janet Bledsoe
Bledsoe Real Estate
List Price
$185,000
Sold Price
$180,000
Premium/Discount to List
-$5,000
-2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.51%
Original Mortgage
$135,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2009
Sold by
Federal National Mortgage Association
Bought by
Stolle Peter and Stolle Diana

Purchase Details

Closed on
Aug 20, 2008
Sold by
Berndgen Michelle M and American Metals Suply Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 27, 2005
Sold by
Ferenz Genevieve A
Bought by
Ensmenger Jeremy D and Berndgen Michelle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.77%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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
Torres Juan $225,000 Performance Title Inc
Goodwin Pamela M $180,000 None Available
Stolle Peter $116,000 Attorney
Federal National Mortgage Association -- None Available
Ensmenger Jeremy D $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Juan $220,924
Previous Owner Goodwin Pamela M $135,000
Previous Owner Ensmenger Jeremy D $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2020 05/15/20 Sold $225,000 -13.1% $290 / Sq Ft
04/15/2020 04/15/20 Pending -- -- --
11/13/2019 11/13/19 For Sale $259,000 +43.9% $333 / Sq Ft
10/31/2016 10/31/16 Sold $180,000 -2.7% $232 / Sq Ft
10/01/2016 10/01/16 Pending -- -- --
06/28/2016 06/28/16 For Sale $185,000 -- $238 / 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 $4,004 $227,670 -- --
2024 $3,930 $221,260 -- --
2023 $3,930 $214,820 $0 $0
2022 $3,668 $208,570 $0 $0
2021 $3,532 $202,500 $20,250 $182,250
2020 $2,908 $174,310 $0 $0
2019 $2,853 $170,400 $0 $0
2018 $2,733 $167,230 $0 $0
2017 $2,586 $163,800 $0 $0
2016 $3,705 $167,340 $0 $0
2015 $3,433 $152,130 $0 $0
2014 $3,038 $138,300 $0 $0
2013 -- $140,790 $14,080 $126,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10203407

BeachesMLS (Greater Fort Lauderdale)

APN: 48-43-29-AK-0510