NOT LISTED FOR SALE

2740 NE 48th St Lighthouse Point, FL 33064

Estimated Value: $2,817,000 - $3,859,000

5 Beds
5.5 Baths
5,168 Sq Ft
$647/Sq Ft Est. Value

Last Sold March 18, 2019

Last sale price $1,600,000 $310 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $21,247/month

258 Days on Market

Highlights

  • Boat Ramp
  • Newly Remodeled
  • Waterfront
  • Property has ocean access
  • Heated Pool
  • Canal View

About This Home

As of March 2019

5 bed, 5.5 bath pool home on 80' of water in Lighthouse Point. This custom home with exquisite architectural details is perfect for family & entertaining. It has a large flowing kitchen with top of the line appliances. Beautiful polished marble floors. Impact windows & doors throughout. There is attention to detail with all of the bathroom finishes & fixtures. The beautifully landsaped yard has a salt water pool & ample room for outdoor entertaining. Spectactular water views & large dock for your boat. Also available to rent MLS #F10120550.

Last Listed By

Christine Randhawa

Balistreri Real Estate Inc License #3207589 Listed on: 06/02/2018

Balistreri Real Estate Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,509

Year Built

  • Built in 2005 | Newly Remodeled

Lot Details

  • 8,800 Sq Ft Lot
  • Waterfront
  • North Facing Home
  • Fenced
  • Paved or Partially Paved Lot
  • Sprinkler System
  • Property is zoned RS-3

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 5,168 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Central Vacuum
  • Ceiling Fan
  • Fireplace
  • Awning
  • Plantation Shutters
  • French Doors
  • Entrance Foyer
  • Family Room
  • Sitting Room
  • Formal Dining Room
  • Recreation Room
  • Loft
  • Utility Room
  • Canal Views

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Intercom
  • Impact Glass
  • Fire and Smoke Detector

Pool

  • Heated Pool
  • Spa
  • Fence Around Pool
  • Pool Equipment or Cover

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 484318120630

Community Details

Overview

  • Coral Key Villas 6Th Sec Subdivision

Recreation

  • Boat Ramp
  • Boating

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,509

Year Built

Built in 2005 | Newly Remodeled

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Take Federal Highway to 49th Street. Go east on 49th Street to the first stop sign. Turn right, this is NE 21st Terrace. Go to the first stop sign. This is 48th Street. Make a left turn. The house is on your right hand side.
  • Year Built: 2005
  • Architectural Style: Detached, Mediterranean, Two Story
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • Year Built Details: New Construction
  • Special Features: 4098
  • Stories: 2

Interior Features

  • Interior Amenities: Breakfast Bar, Dining Area, Separate/Formal Dining Room, Entrance Foyer, French Door(s)/Atrium Door(s), First Floor Entry, Fireplace, Kitchen/Dining Combo, Pantry, Sitting Area in Master, Upper Level Master, Walk-In Closet(s), Central Vacuum, Elevator, Intercom, Loft
  • Private Spa: Yes
  • Furnished: Unfurnished
  • Spa Features: Hot Tub
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Wood
  • Living Area: 5168.0
  • Dining Room Type: Family Room, Laundry, Loft, Other, Recreation, Utility Room, Master Bedroom, Sitting Room
  • Window Features: Impact Glass, Plantation Shutters

Exterior Features

  • Exterior Features: Fence, Security/High Impact Doors, Lighting, Porch, Awning(s)
  • View: Canal, Water
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: Fenced, Heated, In Ground, Other, Pool Equipment, Pool, Private
  • Pool Private: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront Features: Beach Access, Dock Access, No Fixed Bridges, Ocean Access, Seawall, Water Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Open, Porch
  • Property Condition: New Construction
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener

Utilities

  • Other Equipment: Intercom
  • Security: Smoke Detector(s)
  • 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

  • Community Features: Boat Facilities
  • Senior Community: No
  • Pets Allowed: No Pet Restrictions, Yes

Lot Info

  • Parcel #: 484318120630
  • Lot Size Sq Ft: 8800.0
  • Zoning Description: RS-3
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 31509.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2018
Closed on
Mar 18, 2019
Sold by
Polazzi Anthoy and Polazzi Rachel T
Bought by
Pauline Marcote Adela Z and Rourke Pauline O
Seller's Agent
Christine Randhawa
Balistreri Real Estate Inc
Buyer's Agent
Pauline O'Rourke
LoKation
List Price
$1,825,000
Sold Price
$1,600,000
Premium/Discount to List
-$225,000
-12.33%
Total Days on Market
258
Current Estimated Value
$3,345,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,745,098
Avg. Annual Appreciation
13.34%

Purchase Details

Closed on
Nov 14, 2008
Sold by
Dunn James P
Bought by
Polazzi Anthony and Polazzi Rachel T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,384,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2008
Sold by
Available Not
Bought by
Available Not

Purchase Details

Closed on
Nov 28, 2005
Sold by
Philbuilt Development Llc
Bought by
Dunn James P and Dunn Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,623,750
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 20, 2003
Sold by
Raucher David L and Raucher Helaine S
Bought by
Philbuilt Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
8%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 10, 2002
Sold by
Raucher David L and Raucher Helaine S
Bought by
Raucher David L and Raucher Helaine S

Purchase Details

Closed on
Sep 6, 2000
Sold by
Dawson Barry A and Dawson Cheryl B
Bought by
Raucher David L and Raucher Helaine S

Purchase Details

Closed on
Aug 10, 1998
Sold by
Robert W Crawford Tr and Thomas N Blum Tr
Bought by
Dawson Barry A and Dawson Cheryl B

Purchase Details

Closed on
Feb 21, 1996
Sold by
Blum M Dorsey
Bought by
Blum Tr Dorsey and Blum Tr Thomas W

Range of Values:

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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
Pauline Marcote Adela Z $1,600,000 Security Title & Escrow Inc
Polazzi Anthony $1,730,000 Integrity Title Inc
Dunn James P -- Integrity Title Inc
Available Not $10,000 --
Dunn James P $2,165,000 None Available
Philbuilt Development Llc $400,000 --
Raucher David L -- --
Raucher David L $375,000 --
Dawson Barry A $217,000 --
Blum Tr Dorsey $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marcote Adela Z $500,000
Previous Owner Polazzi Anthony $764,966
Previous Owner Polazzi Anthony G $1,190,000
Previous Owner Polazzi Anthony $1,384,000
Previous Owner Dunn James P $1,623,750
Previous Owner Philbuilt Development Llc $160,000
Previous Owner Philbuilt Development Llc $1,250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2019 03/18/19 Sold $1,600,000 -12.3% $310 / Sq Ft
02/16/2019 02/16/19 Pending -- -- --
06/02/2018 06/02/18 For Sale $1,825,000 0.0% $353 / Sq Ft
12/01/2014 12/01/14 Rented $8,600 -4.4% --
11/01/2014 11/01/14 Under Contract -- -- --
08/19/2014 08/19/14 For Rent $9,000 +5.9% --
11/08/2012 11/08/12 For Rent $8,500 0.0% --
11/08/2012 11/08/12 Rented $8,500 -- --
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 $30,277 $1,646,170 -- --
2024 $29,265 $1,599,780 -- --
2023 $29,265 $1,553,190 $0 $0
2022 $27,621 $1,507,960 $0 $0
2021 $26,867 $1,461,420 $0 $0
2020 $26,403 $1,441,250 $440,000 $1,001,250
2019 $28,506 $1,754,780 $440,000 $1,314,780
2018 $31,030 $1,704,060 $440,000 $1,264,060
2017 $31,509 $1,704,060 $0 $0
2016 $32,873 $1,733,630 $0 $0
2015 $32,417 $1,611,210 $0 $0
2014 $28,808 $1,464,740 $0 $0
2013 -- $1,350,970 $352,000 $998,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10125609

BeachesMLS (Greater Fort Lauderdale)

APN: 48-43-18-12-0630