$180,000
SOLD OCT 31, 2016

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

1 Bed
1 Bath
777 Sq Ft
$417/mo HOA Fee

Recently Sold

$232 Per Sq Ft

3% Below List Price

94 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Heated Pool
  • Elevator
  • Newly Remodeled
  • Shuffleboard Court
  • 4-minute walk to Hillsboro Inlet Park

About This Home

As of May 2020

Must see right on Intracoastal!! Open balcony 1 bedroom 1 bath.

Last Agent to Sell the Property

Bill McLaren

Allstar Realty Inc License #3009266 Listed on: 06/28/2016

Last Buyer's Agent

Janet Bledsoe

Bledsoe Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,433

Year Built

  • Built in 1972 | Newly Remodeled

HOA Fees

  • $417 Monthly HOA Fees

Interior Spaces

  • 777 Sq Ft Home
  • Furnished or left unfurnished upon request
  • Entrance Foyer
  • Ceramic Tile Flooring

Bedrooms and Bathrooms

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

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Heated Pool
  • Balcony
  • Open Patio

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 484329AK0510

Community Details

Overview

  • Association fees include all facilities, management, insurance, laundry, parking, pest control, reserve fund, roof, sewer, security, trash, water
  • Waters Edge Subdivision
  • Car Wash Area
  • 8-Story Property

Amenities

  • Picnic Area
  • Community Library
  • Laundry Facilities
  • Elevator
  • Bike Room
  • Community Storage Space

Recreation

  • Shuffleboard Court

Security

  • Phone Entry

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,433

Year Built

Built in 1972 | Newly Remodeled

Lot Details

0

HOA Fees

$417 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 1972
  • Carport Y N: No
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: 4098

Interior Features

  • Interior Amenities: Bedroom on Main Level, Entrance Foyer, Pantry, Walk-In Closet(s)
  • Furnished: Negotiable
  • Appliances: Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Tile
  • Living Area: 777.0
  • Stories: 8

Exterior Features

  • Exterior Features: Balcony
  • View: Other
  • Pool Features: Heated
  • Waterfront Features: Intracoastal Access, None
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: New Construction

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Security: Lobby Secured, Phone Entry
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 1250.0
  • Senior Community: No
  • Amenities: Bike Storage, Community Kitchen, Laundry, Library, Barbecue, Picnic Area, Pool, Shuffleboard Court, Storage, Vehicle Wash Area, Elevator(s)
  • Association #2 Fee: 1250.0
  • Association Fee Frequency: Quarterly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: All Facilities, Association Management, Insurance, Laundry, Parking, Pest Control, Reserve Fund, Roof, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 484329AK0510

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3433.0

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
8.02%
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

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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 $225,000 Performance Title Inc
Warranty Deed $180,000 None Available
Special Warranty Deed $116,000 Attorney
Trustee Deed -- None Available
Warranty Deed $270,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $220,924 FHA
Previous Owner $135,000 New Conventional
Previous Owner $270,000 Fannie Mae Freddie Mac
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: F10018964

BeachesMLS (Greater Fort Lauderdale)

APN: 48-43-29-AK-0510