$580,000
SOLD AUG 3, 2020

2740 NE 40th Ct Lighthouse Point, FL 33064

4 Beds
2 Baths
2,243 Sq Ft
8,562 Sq Ft Lot

Recently Sold

$259 Per Sq Ft

6% Below List Price

59 Days on Market

Highlights

  • Room in yard for a pool
  • Garden View
  • Breakfast Area or Nook
  • Deck
  • Den
  • Circular Driveway

About This Home

As of January 2023

Substantially renovated! Impact windows throughout with double door entry, doors equipped with hurricane locks, all new flooring throughout, super-cool AC, completely updated kitchen with all-wood cabinets and high-end appliances, updated laundry room under air with LG appliances and double laundry sinks, new water heater. Large family room with huge living space - perfect for a big gatherings. Oversize master SUITE with expanded bedroom, and room sized walk-in closet (16x8). Also, master bath equipped with large shower with high-end fixtures, separate stand-alone soaking bathtub, all wood cabinets, lighted mirrors. 2-car garage with large roundabout driveway for additional parking (3 extra spaces).

Last Agent to Sell the Property

Cathy Prenner

Compass Florida LLC License #0546716 Listed on: 05/05/2020

Compass Florida LLC

Co-Listed By

Jack Prenner

Compass Florida LLC License #174814

Last Buyer's Agent

Edward Lepselter

RE/MAX Select Group License #3038428

RE/MAX Select Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,977

Year Built

  • Built in 1961

Lot Details

  • 8,562 Sq Ft Lot
  • North Facing Home
  • Fenced
  • Sprinkler System
  • Property is zoned RS-5

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Spanish Tile Roof

Interior Spaces

  • 2,243 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Garden Views
  • Impact Glass

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Room in yard for a pool
  • Deck

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Venetian Isles 2Nd Sec 45 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 484317032180

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,977

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 1961
  • Architectural Style: One Story
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Bedroom on Main Level, Breakfast Area, Eat-in Kitchen, First Floor Entry, Living/Dining Room, Walk-In Closet(s)
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Ceramic Tile, Laminate
  • Living Area: 2243.0
  • Dining Room Type: Den, Family Room
  • Window Features: Blinds, Impact Glass

Exterior Features

  • Exterior Features: Deck, Fence, Room For Pool
  • View: Garden
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Deck
  • Property Condition: Resale, Updated/Remodeled
  • Roof: Spanish Tile

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Garage, Garage Door Opener

Utilities

  • Laundry Features: In Garage
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Pets Allowed: No Pet Restrictions, Yes

Lot Info

  • Parcel #: 484317032180
  • Lot Size Sq Ft: 8562.0
  • Zoning Description: RS-5
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4977.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2022
Closed on
Jan 18, 2023
Sold by
Jack Lepselter Family Trust
Bought by
Tolliday Samuel A and Tolliday Kelly
Seller's Agent
Jack Lepselter
Real Property Management United
Buyer's Agent
Tara Quailey
Douglas Elliman
List Price
$900,000
Sold Price
$912,500
Premium/Discount to List
$12,500
1.39%
Views
9
Current Estimated Value
$1,210,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,340
Avg. Annual Appreciation
8.70%
Original Mortgage
$726,200
Outstanding Balance
$707,346
Interest Rate
6.33%
Mortgage Type
Construction
Estimated Equity
$415,729

Purchase Details

Listed on
May 5, 2020
Closed on
Aug 3, 2020
Sold by
Woodward Jill and Downey James W
Bought by
Abdy Michael and Lepselter Mark
Seller's Agent
Cathy Prenner
Compass Florida LLC
Buyer's Agent
Edward Lepselter
RE/MAX Select Group
List Price
$617,000
Sold Price
$580,000
Premium/Discount to List
-$37,000
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.23%

Purchase Details

Closed on
Sep 30, 2016
Sold by
Woodward Doug and Woodward Jill
Bought by
Woodward Jill

Purchase Details

Closed on
Dec 13, 2011
Sold by
Mcdonough Dorothy
Bought by
Woodward Doug and Woodward Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,902
Interest Rate
3.75%
Mortgage Type
FHA
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 $912,000 Southeast Florida Lawyers Titl
Warranty Deed $580,000 Attorney
Interfamily Deed Transfer -- None Available
Warranty Deed $280,000 Nexstar Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $726,200 Construction
Previous Owner $546,000 New Conventional
Previous Owner $436,800 New Conventional
Previous Owner $60,000 Credit Line Revolving
Previous Owner $272,902 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2023 01/18/23 Sold $912,500 +1.4% $407 / Sq Ft
11/22/2022 11/22/22 For Sale $900,000 +55.2% $401 / Sq Ft
08/03/2020 08/03/20 Sold $580,000 -6.0% $259 / Sq Ft
07/04/2020 07/04/20 Pending -- -- --
05/05/2020 05/05/20 For Sale $617,000 -- $275 / 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 $15,457 $833,100 -- --
2024 $10,725 $806,130 $102,740 $734,230
2023 $10,725 $560,360 $0 $0
2022 $9,977 $544,040 $0 $0
2021 $9,603 $522,000 $102,740 $419,260
2020 $5,080 $279,340 $0 $0
2019 $4,977 $273,060 $0 $0
2018 $4,708 $267,970 $0 $0
2017 $4,595 $262,460 $0 $0
2016 $4,579 $257,070 $0 $0
2015 $4,275 $255,290 $0 $0
2014 $4,313 $253,270 $0 $0
2013 -- $275,460 $68,500 $206,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10227808

BeachesMLS (Greater Fort Lauderdale)

APN: 48-43-17-03-2180