$265,000
SOLD MAR 24, 2016

3050 NE 48th Ct Unit 201 Lighthouse Point, FL 33064

3 Beds
2 Baths
1,435 Sq Ft
$530/mo HOA Fee

Recently Sold

$185 Per Sq Ft

11% Below List Price

82 Days on Market

Highlights

  • Property has ocean access
  • Clubhouse
  • Community Pool
  • Property fronts an intracoastal waterway
  • Screened Porch
  • Shuffleboard Court

About This Home

As of March 2016

Rarely available 3-bedroom corner unit in sought after Palm-Aire at Coral Key in Lighthouse Point. Large living space with tile flooring throughout. Enjoy a remodeled kitchen with granite counter tops. Counter overlooks spacious living area. Look at th e southern skyline, side canal and the ICW from unit. The complex has lots of green space and a beautiful pool, sundeck and clubhouse area right on the Intracoastal Waterway. Internet and cable included. No pets. No renting first year of ownership.

Last Agent to Sell the Property

Tom Fleming

RE/MAX Direct License #3077232 Listed on: 12/02/2015

RE/MAX Direct

Last Buyer's Agent

Raquel Scott

United Realty Group Inc License #3091798

United Realty Group Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,401

Year Built

  • Built in 1970

Lot Details

  • Property fronts an intracoastal waterway
  • Home fronts a canal
  • North Facing Home

HOA Fees

  • $530 Monthly HOA Fees

Property Views

  • Intracoastal
  • Canal

Interior Spaces

  • 1,435 Sq Ft Home
  • 4-Story Property
  • Jalousie or louvered window
  • Sliding Windows
  • Combination Dining and Living Room
  • Screened Porch
  • Tile Flooring

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Stacked Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Property has ocean access
  • Balcony
  • Courtyard

Utilities

  • Cooling Available
  • Central Heating
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 484308AC0070

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, ground maintenance, maintenance structure, pool(s), roof, sewer, trash, water
  • 210 Units
  • Palm Aire At Coral Key Subdivision

Amenities

  • Picnic Area
  • Clubhouse
  • Laundry Facilities
  • Elevator

Recreation

  • Shuffleboard Court
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,401

Year Built

Built in 1970

Lot Details

0

HOA Fees

$530 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: FEDERAL HWY TO NE 49TH ST. EAST TO FIRST STOP. TAKE A RIGHT AND AN IMMEDIATELY LEFT ONTO NE 48TH CT. FOLLOW TO COMPLEX AT END OF BLOCK. TURN RIGHT INTO SECOND BLDG. 3050 NE 48TH CT. GUEST PARKING IN FRONT OF BUILDING.
  • Year Built: 1970
  • Carport Y N: No
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Bedroom on Main Level, Living/Dining Room, Main Living Area Entry Level, Stacked Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Living Area: 1435.0
  • Stories: 4
  • Window Features: Jalousie, Sliding

Exterior Features

  • Exterior Features: Balcony, Barbecue, Courtyard
  • View: Canal, Intercoastal
  • Pool Features: Association
  • View: Yes
  • Waterfront Features: Canal Front, Dock Access, Intracoastal Access, Ocean Access, Other
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Balcony, Screened
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Security: Other
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 1591.0
  • Senior Community: No
  • Amenities: Clubhouse, Laundry, Barbecue, Picnic Area, Pool, Shuffleboard Court, Trash, Elevator(s)
  • Association #2 Fee: 531.0
  • Association Fee Frequency: Quarterly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Pool(s), Roof, Sewer, Trash, Water

Lot Info

  • Parcel #: 484308AC0070

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 4401.0

Multi Family

  • Number Of Units In Community: 210

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2015
Closed on
Mar 1, 2016
Bought by
Scott James and Scott Raquel
Seller's Agent
Tom Fleming
RE/MAX Direct
Buyer's Agent
Raquel Scott
United Realty Group Inc
List Price
$297,500
Sold Price
$265,000
Premium/Discount to List
-$32,500
-10.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.33%

Purchase Details

Listed on
May 7, 2012
Closed on
Apr 9, 2012
Sold by
Gioello Salvatore
Bought by
Gioello Salvatore P
Seller's Agent
Tom Fleming
RE/MAX Direct
Buyer's Agent
Martha Tompkins
Balistreri Realty, Inc 5
Sold Price
$1,700

Purchase Details

Closed on
Nov 24, 2008
Sold by
Tomasello Deborah Maria
Bought by
Gioello Salvatore

Purchase Details

Closed on
Oct 5, 2002
Sold by
Tomasello James J
Bought by
Tomasello Deborah Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.18%

Purchase Details

Closed on
Dec 16, 1999
Sold by
Tomasello James J
Bought by
Tomasello James J and Tomasello Deborah M

Purchase Details

Closed on
Nov 27, 1999
Sold by
Available Not
Bought by
Available Not

Purchase Details

Closed on
Dec 8, 1998
Sold by
Grdn Gail Mccollum
Bought by
Tomasello James T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.77%
Mortgage Type
New Conventional
Source: Public Records

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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
Deed $265,000 --
Interfamily Deed Transfer -- Attorney
Warranty Deed $220,000 Universal Land Title Inc
Interfamily Deed Transfer $27,000 --
Quit Claim Deed $47,000 --
Deed $47,000 --
Deed $140,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $125,000 New Conventional
Previous Owner $35,000 Credit Line Revolving
Previous Owner $155,000 No Value Available
Previous Owner $105,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2025 04/29/25 For Sale $565,000 +113.2% $394 / Sq Ft
03/24/2016 03/24/16 Sold $265,000 -10.9% $185 / Sq Ft
02/23/2016 02/23/16 Pending -- -- --
12/02/2015 12/02/15 For Sale $297,500 0.0% $207 / Sq Ft
02/01/2015 02/01/15 Rented $2,000 0.0% --
01/02/2015 01/02/15 Under Contract -- -- --
10/17/2014 10/17/14 For Rent $2,000 +17.6% --
07/01/2013 07/01/13 Rented $1,700 -2.9% --
06/01/2013 06/01/13 Under Contract -- -- --
05/02/2013 05/02/13 For Rent $1,750 +2.9% --
05/07/2012 05/07/12 For Rent $1,700 0.0% --
05/07/2012 05/07/12 Rented $1,700 -- --
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 $4,887 $291,330 -- --
2024 $4,661 $283,120 -- --
2023 $4,661 $274,880 $0 $0
2022 $4,276 $266,880 $0 $0
2021 $4,157 $259,110 $0 $0
2020 $4,087 $255,540 $0 $0
2019 $4,016 $249,800 $0 $0
2018 $3,786 $245,150 $0 $0
2017 $3,749 $240,110 $0 $0
2016 $4,424 $220,030 $0 $0
2015 $4,401 $200,030 $0 $0
2014 $3,838 $181,850 $0 $0
2013 -- $165,320 $16,530 $148,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F1369213

BeachesMLS (Greater Fort Lauderdale)

APN: 48-43-08-AC-0070