NOT LISTED FOR SALE

2940 NE 23rd St Pompano Beach, FL 33062

Estimated Value: $3,431,000 - $4,388,000

4 Beds
4 Baths
3,643 Sq Ft
$1,082/Sq Ft Est. Value

Last Sold February 16, 2018

Last sale price $2,400,000 $659 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $25,821/month

197 Days on Market

Highlights

  • 250 Feet of Waterfront
  • Property has ocean access
  • Private Pool
  • Boat Ramp
  • Intracoastal View
  • Marble Flooring

About This Home

As of February 2018

One of the most spectacular ICW point lots available with endless water views. This stunning 4bd/4ba pool home on a lot over 16,000 sq. ft. is seconds to the Hillsboro Inlet with 250 ft. of water frontage & two docks for your mega yachts. The extra large great room and gourmet kitchen is positioned perfectly with expansive water views. Entertain under the custom tiki hut with lounging and bar area or enjoy the beautiful resort style pool and spa as you watch the boats go by

Last Agent to Sell the Property

Margaret Turk Tilghman

Inactive Member License #0698649 Listed on: 06/11/2017

Last Buyer's Agent

Lucinda Kingston

LoKation License #3126948

LoKation

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1972

Lot Details

  • 0.38 Acre Lot
  • 250 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • Waterfront Tip Lot
  • West Facing Home
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Intracoastal
  • Pool

Home Design

  • Spanish Tile Roof

Interior Spaces

  • 3,643 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace
  • Sliding Windows
  • Florida or Dining Combination
  • Marble Flooring
  • Fire and Smoke Detector
  • Dryer

Kitchen

  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Balcony
  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Water Purifier

Listing and Financial Details

  • Assessor Parcel Number 484330100070

Community Details

Overview

  • No Home Owners Association
  • Hillsboro Harbor Unit B Subdivision

Recreation

  • Boat Ramp
  • Boating

Home Details

Home Type

Single Family

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Us1 to NE 23rd St. All the way east to the end of the cul-de-sac
  • Year Built: 1972
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Breakfast Bar, Bedroom on Main Level, Family/Dining Room
  • Private Spa: Yes
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Gas Range, Microwave, Oven, Refrigerator, Water Softener, Water Heater, Water Purifier
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Marble
  • Living Area: 3643.0
  • Stories: 1
  • Window Features: Sliding

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • View: Intercoastal, Pool, Water
  • Road Frontage Type: Waterfront
  • Lot Features: 1/4 to 1/2 Acre Lot, Sprinklers Automatic
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Intracoastal Access, No Fixed Bridges, Ocean Access, Point Lot
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: West
  • Patio And Porch Features: Patio, Porch, Balcony
  • Property Condition: Resale
  • Roof: Spanish Tile

Garage/Parking

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

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Senior Community: No
  • Amenities: Boating
  • Association: No

Lot Info

  • Parcel #: 484330100070
  • Lot Size Acres: 0.38
  • Lot Size Sq Ft: 16552.8
  • Mobile Dim Units: Feet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 2755473.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2017
Closed on
Feb 16, 2018
Sold by
7625 Holding Company Llc
Bought by
Klong Pompano Llc
Seller's Agent
Margaret Turk Tilghman
Inactive Member
Buyer's Agent
Lucinda Kingston
LoKation
List Price
$3,400,000
Sold Price
$2,400,000
Premium/Discount to List
-$1,000,000
-29.41%
Current Estimated Value
$3,940,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,540,855
Avg. Annual Appreciation
6.44%
Original Mortgage
$1,920,000
Outstanding Balance
$1,049,358
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$2,891,497

Purchase Details

Closed on
Dec 29, 2010
Sold by
Marzano Dominick and Marzano Angelo
Bought by
7625 Holding Company Llc

Purchase Details

Closed on
Jun 20, 2002
Sold by
James George and James Olga
Bought by
Marzano Angelo and Marzano Dominick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
5.33%

Purchase Details

Closed on
May 8, 1999
Sold by
Glynn Jerilyn L and Glynn James P
Bought by
James George and James Olga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,600
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 1992
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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
Klong Pompano Llc $2,400,000 Attorney
7625 Holding Company Llc $1,130,000 Attorney
Marzano Angelo $1,270,000 --
James George $744,100 --
Available Not $767,143 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klong Pompano Llc $1,920,000
Previous Owner Marzano Angelo $950,000
Previous Owner James George $40,000
Previous Owner James George $483,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2018 02/16/18 Sold $2,400,000 -29.4% $659 / Sq Ft
01/17/2018 01/17/18 Pending -- -- --
06/12/2017 06/12/17 For Sale $3,400,000 0.0% $933 / Sq Ft
08/01/2013 08/01/13 For Rent $8,000 0.0% --
08/01/2013 08/01/13 Rented $8,000 +6.7% --
08/03/2012 08/03/12 For Rent $7,500 +7.1% --
08/03/2012 08/03/12 Rented $7,000 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

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
2026 $64,281 $3,322,500 -- --
2025 $58,710 $3,020,460 -- --
2024 $52,335 $3,020,460 $1,065,310 $1,430,950
2023 $52,335 $2,496,260 $1,065,310 $1,430,950
2022 $48,972 $2,366,590 $1,065,310 $1,301,280
2021 $45,797 $2,206,240 $1,065,310 $1,140,930
2020 $43,128 $2,112,210 $1,065,310 $1,046,900
2019 $43,456 $2,112,000 $1,065,310 $1,046,690
2018 $29,063 $1,431,210 $1,065,310 $365,900
2017 $28,311 $1,417,360 $0 $0
2016 $27,555 $1,335,190 $0 $0
2015 $26,293 $1,213,810 $0 $0
2014 $25,380 $1,181,670 $0 $0
2013 -- $1,074,250 $856,080 $218,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10072082

BeachesMLS (Greater Fort Lauderdale)

APN: 48-43-30-10-0070