NOT LISTED FOR SALE

Estimated Value: $393,000 - $578,000

2 Beds
2 Baths
1,056 Sq Ft
$437/mo HOA Fee

Last Sold December 21, 2020

Last sale price $350,000 $331 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,139/month

31 Days on Market

Highlights

  • Heated Pool
  • Enclosed Glass Porch
  • Closet Cabinetry
  • Home fronts a canal
  • Built-In Features
  • Laundry Room

About This Home

As of December 2020

WOW! This seldom available 1st floor unit on the canal is upgraded to the max with unbelievable quality materials. Renovations were done for the owner with no expense spared. 2 BR/ 2 BA, lg kitchen w/ full size washer/ dryer & upgraded stainless appliances has been opened to create a wonderful great room. Patio was enclosed to maximize the living space with sliding doors creating the best of both worlds. Ceramic tile thru out, custom cabinetry & interior doors, luxurious baths incl a towel warmer in Master plus all impact windows and doors & tankless water heater are just a few of the many upgrades. Dockage when available is $3.00/ft/month & could possibly be right outside your door! Clubhouse, heated pool and BBQ area are on ICW. Reasonable maintenance incl cable, internet and reserves

Last Listed By

Susan Nelson

RE/MAX First License #0484543 Listed on: 10/20/2020

RE/MAX First

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,828

Year Built

  • Built in 1974

Lot Details

  • Home fronts a canal

HOA Fees

  • $437 Monthly HOA Fees

Interior Spaces

  • 1,056 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Entrance Foyer
  • Combination Dining and Living Room
  • Utility Room
  • Ceramic Tile Flooring
  • Canal Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Heated Pool
  • No Fixed Bridges
  • Enclosed Glass Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 484308BG0090

Community Details

Overview

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

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,828

Year Built

Built in 1974

Lot Details

0

HOA Fees

$437 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Federal Highway to NE 49th Street East to stop sign south (right) to NE 48 Ct, East (left) to end of street. Enter Palm-Aire Unit will be on your left.
  • Year Built: 1974
  • Carport Y N: No
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Bedroom on Main Level, Closet Cabinetry, Entrance Foyer, First Floor Entry, Living/Dining Room, Main Level Master, Walk-In Closet(s)
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 1056.0
  • Dining Room Type: Laundry, Porch, Utility Room
  • Stories: 2

Exterior Features

  • Exterior Features: Security/High Impact Doors
  • View: Canal, Water
  • Pool Features: Heated
  • View: Yes
  • Waterfront Features: Canal Front, Dock Access, No Fixed Bridges
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Glass Enclosed, Porch
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 1310.0
  • Community Features: Non-Gated, Dock
  • Senior Community: No
  • Amenities: Boat Dock, Pool
  • Association #2 Fee: 1310.0
  • 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 #: 484308BG0090

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4828.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2020
Closed on
Dec 16, 2020
Sold by
Fazio Mary Ann and Philip R Cibotti Revocable Tru
Bought by
Martin Donald and Martin Cynthia J
Seller's Agent
Susan Nelson
RE/MAX First
Buyer's Agent
Cynthia Martin
Inactive member
List Price
$419,000
Sold Price
$350,000
Premium/Discount to List
-$69,000
-16.47%
Total Days on Market
31
Current Estimated Value
$451,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,144
Avg. Annual Appreciation
4.09%
Original Mortgage
$251,250
Outstanding Balance
$227,266
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$190,701

Purchase Details

Closed on
Apr 24, 2003
Sold by
Cibotti Philip R and Cibotti Grace E
Bought by
Cibotti Grace E and Fazio Mary Ann

Purchase Details

Closed on
May 29, 2001
Sold by
Available Not
Bought by
Available Not

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
Martin Donald -- Rtc Title Inc
Martin Donald $350,000 Rtc Title Inc
Cibotti Grace E -- --
Available Not $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Donald $251,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2020 12/21/20 Sold $350,000 -16.5% $331 / Sq Ft
11/21/2020 11/21/20 Pending -- -- --
10/20/2020 10/20/20 For Sale $419,000 -- $397 / 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 $2,121 $138,930 -- --
2024 $1,976 $135,020 -- --
2023 $1,976 $131,090 $0 $0
2022 $1,721 $127,280 $0 $0
2021 $1,666 $123,580 $0 $0
2020 $4,949 $261,360 $26,140 $235,220
2019 $4,828 $252,770 $25,280 $227,490
2018 $4,656 $252,930 $25,290 $227,640
2017 $14 $113,160 $0 $0
2016 $14 $110,840 $0 $0
2015 $14 $110,070 $0 $0
2014 $14 $109,200 $0 $0
2013 -- $151,320 $15,130 $136,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10254369

BeachesMLS (Greater Fort Lauderdale)

APN: 48-43-08-BG-0090