$116,000
SOLD SEP 26, 2024

3050 N Palm Aire Dr Unit 707 Pompano Beach, FL 33069

Palm Aire Neighborhood
1 Bed
1.5 Baths
960 Sq Ft
$730/mo HOA Fee

Recently Sold

$121 Per Sq Ft

16% Below List Price

79 Days on Market

Highlights

  • Garden View
  • Community Pool
  • Balcony
  • Screened Porch
  • Elevator
  • Picnic Area

About This Home

As of September 2024

Spacious 1 bedroom, 1.5 baths condo with a golf course view. Unit has a large living/dining area, large bedroom and a screen balcony. Property has lots of potential and is overall fair condition. Complex has lots of amenities to keep your potential buyer busy. Assoc. requires 20% down and a 700 credit score. No pets and no renting 1st year of ownership allowed.. Sold AS IS. BUYER SOLELY RESPONSIBLE TO VERIFY OF ANY HOA, VIOLATIONS ETC

Last Agent to Sell the Property

Steven Modica

Real Estate Home Sales Inc License #431169 Listed on: 05/28/2024

Last Buyer's Agent

Ramiro Irastorza

Grand Lion Real Estate Group LLC License #3604005

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1969

HOA Fees

  • $730 Monthly HOA Fees

Interior Spaces

  • 960 Sq Ft Home
  • Screened Porch
  • Garden Views
  • Electric Range

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom

Parking

  • Guest Parking
  • Assigned Parking

Schools

  • Cypress Elementary School
  • Pompano Beach Middle School
  • Blanche Ely High School

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 494204BA0670

Community Details

Overview

  • Association fees include amenities, common areas, insurance, laundry, ground maintenance, maintenance structure, parking, sewer, trash, water
  • Palm Aire Country Club Subdivision
  • 9-Story Property

Amenities

  • Picnic Area
  • Laundry Facilities
  • Elevator

Recreation

  • Community Pool

Security

  • Phone Entry

Property Details

Home Type

Condominium

Year Built

Built in 1969

Lot Details

0

HOA Fees

$730 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Powerline Rd to N Palm Aire Dr, go west to find 3050 (Building 8). Use Google maps for most direct route from your starting point.
  • Year Built: 1969
  • Carport Y N: No
  • Entry Level: 7
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: 5120

Interior Features

  • Interior Amenities: Bedroom on Main Level, First Floor Entry
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Appliances: Electric Range
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 960.0
  • Stories: 9

Exterior Features

  • Exterior Features: Balcony
  • View: Garden
  • Pool Features: Association
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Screened
  • Property Condition: Resale

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 730.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Elevator(s), Laundry, Barbecue, Picnic Area, Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Amenities, Common Areas, Insurance, Laundry, Maintenance Grounds, Maintenance Structure, Parking, Sewer, Trash, Water

Schools

  • Elementary School: Cypress
  • High School: Blanche Ely
  • Middle Or Junior School: Pompano Beach

Lot Info

  • Parcel #: 494204BA0670

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3460.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2024
Closed on
Sep 3, 2024
Sold by
Olit 2024-Hb1 Alternative Holdings Llc
Bought by
Pallotti Marcelo A
Seller's Agent
Steven Modica
Real Estate Home Sales Inc
Buyer's Agent
Ramiro Irastorza
Grand Lion Real Estate Group LLC
List Price
$137,750
Sold Price
$116,000
Premium/Discount to List
-$21,750
-15.79%
Total Days on Market
79
Views
46
Current Estimated Value
$121,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,877
Avg. Annual Appreciation
7.43%

Purchase Details

Closed on
Mar 26, 2024
Sold by
Mortgage Assets Mgmt Llc
Bought by
Olit 2024-Hb1 Alternative Holdings Llc

Purchase Details

Closed on
Feb 8, 2024
Sold by
Clarke Carol
Bought by
Mortgage Assets Mgmt Llc
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
Special Warranty Deed $116,000 Mainstay Title
Quit Claim Deed -- Mainstay Title
Certificate Of Transfer $122,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $229,500 FHA
Previous Owner $68,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2024 09/26/24 Sold $116,000 -10.7% $121 / Sq Ft
08/15/2024 08/15/24 Pending -- -- --
07/08/2024 07/08/24 Price Changed $129,900 -5.7% $135 / Sq Ft
05/28/2024 05/28/24 For Sale $137,750 -- $143 / 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 $3,746 $170,090 $17,010 $153,080
2024 $3,460 $170,090 $17,010 $153,080
2023 $3,460 $150,720 $15,070 $135,650
2022 $484 $53,740 $0 $0
2021 $447 $52,180 $0 $0
2020 $440 $51,460 $0 $0
2019 $436 $50,310 $0 $0
2018 $412 $49,380 $0 $0
2017 $364 $48,370 $0 $0
2016 $338 $47,380 $0 $0
2015 -- $47,060 $0 $0
2014 -- $46,690 $0 $0
2013 $3 $55,600 $5,560 $50,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10442880

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-04-BA-0670