NOT LISTED FOR SALE

Estimated Value: $391,534 - $526,000

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

Last Sold June 25, 2020

Last sale price $308,000 $292 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,460/month

45 Days on Market

Highlights

  • Property has ocean access
  • Heated Pool
  • Clubhouse
  • Intracoastal View
  • Home fronts a canal
  • Furnished

About This Home

As of June 2020

Enjoy the serene setting on your balcony overlooking the boats on the canal in prestigious Palm-Aire in sought-after Lighthouse Point. Beautifully updated! Top of the line from floor to ceiling! Large size granite countertop, high gloss premium cabinets with European imported pullouts. Italian made hardware, dimmable LED lighting under cabinets, toekick & ceiling, modern stainless sink & appliances. New AC, impact windows, completely updated bathrooms and the list goes on. Everything is new and beautiful. Absolutely nothing needs to be done to move in! Furnished, including Italian leather sofa. This unit is in a very quiet location within Palm-Aire. Active clubhouse/pool on Intracoastal. Deepwater dockage when available at $3.00 FT. THIS IS AN EXCEPTIONAL OPPORTUNITY.

Last Listed By

Jacqueline Smith

Inactive member License #631271 Listed on: 04/10/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,828

Year Built

  • Built in 1974

Lot Details

  • Home fronts a canal
  • South Facing Home

HOA Fees

  • $437 Monthly HOA Fees

Property Views

  • Intracoastal
  • Canal

Interior Spaces

  • 1,056 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Screened Porch
  • Ceramic Tile Flooring

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Heated Pool
  • Property has ocean access
  • No Fixed Bridges
  • Balcony

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 484308BG0280

Community Details

Overview

  • Association fees include all facilities, management, common areas, cable TV, ground maintenance, maintenance structure, parking, pool(s), recreation facilities, reserve fund, roof, sewer, trash, water
  • Palm Aire At Coral Key Subdivision

Amenities

  • Picnic Area
  • Clubhouse
  • Community Storage Space

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: US 1 to NE 49th St. East to 22nd Ave, first right to NE 48th Court. Left to end of street and entrance to community. Follow road to Bldg 6A of 3175.
  • 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, First Floor Entry, Living/Dining Room, Main Level Master, Main Living Area Entry Level
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 1056.0
  • Stories: 2
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Balcony, Barbecue
  • View: Canal, Intercoastal
  • Pool Features: Association, Heated
  • View: Yes
  • Waterfront Features: Canal Front, Dock Access, No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: South
  • Patio And Porch Features: Balcony, Screened
  • 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
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 1310.0
  • Senior Community: No
  • Amenities: Boat Dock, Clubhouse, Barbecue, Picnic Area, Pool, Storage, Trash
  • Association #2 Fee: 1310.0
  • Association Fee Frequency: Quarterly
  • Pets Allowed: Conditional, No, Pet Restrictions

Fee Information

  • Association Fee Includes: All Facilities, Association Management, Common Areas, Cable TV, Maintenance Grounds, Maintenance Structure, Parking, Pool(s), Recreation Facilities, Reserve Fund, Roof, Sewer, Trash, Water

Lot Info

  • Parcel #: 484308BG0280

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4828.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2020
Closed on
Jun 25, 2020
Sold by
Lagueux Luc and Robineau Nancy
Bought by
Sands Randel
Seller's Agent
Jacqueline Smith
Inactive member
Buyer's Agent
Abigail Cuadrado
KW Reserve Palm Beach
List Price
$349,500
Sold Price
$308,000
Premium/Discount to List
-$41,500
-11.87%
Total Days on Market
45
Current Estimated Value
$435,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,134
Avg. Annual Appreciation
7.64%
Original Mortgage
$246,400
Outstanding Balance
$222,234
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$220,539

Purchase Details

Closed on
Jul 15, 2013
Sold by
Ferguson Neil and Ferguson Carol
Bought by
Lagueux Luc and Robineau Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
3.94%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 18, 2004
Sold by
Stephens Kevin
Bought by
Ferguson Neil and Ferguson Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,800
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2003
Sold by
Gockerell Darrick J and Gockerell Dina Naomi
Bought by
Stephens Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2002
Sold by
Ridge R Derek
Bought by
Gockerell Darrick and Gockerell Dina Naomi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,600
Interest Rate
6.86%

Purchase Details

Closed on
Oct 7, 1993
Sold by
Dolinsky Philip and Dolinsky Betty
Bought by
Ridge R Derek

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,400
Interest Rate
7.01%

Range of Values:

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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
Sands Randel $308,000 Title Professionals Corp
Lagueux Luc $190,000 Integrity Title Inc
Ferguson Neil $261,000 Sunbelt Title Agency
Stephens Kevin $218,000 All American Title & Abstrac
Gockerell Darrick $147,000 Imperial Title & Escrow Co
Ridge R Derek $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sands Randel $246,400
Previous Owner Lagueux Luc $142,500
Previous Owner Ferguson Neil $208,800
Previous Owner Stephens Kevin $218,000
Previous Owner Gockerell Darrick $117,600
Previous Owner Ridge R Derek $78,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2020 06/25/20 Sold $308,000 -11.9% $292 / Sq Ft
05/26/2020 05/26/20 Pending -- -- --
04/10/2020 04/10/20 For Sale $349,500 0.0% $331 / Sq Ft
04/16/2012 04/16/12 Rented $1,500 -3.2% --
03/17/2012 03/17/12 Under Contract -- -- --
10/07/2011 10/07/11 For Rent $1,550 -- --
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 $7,059 $358,120 $35,810 $322,310
2024 $7,489 $358,120 $35,810 $322,310
2023 $7,489 $385,200 $38,520 $346,680
2022 $4,684 $289,170 $28,920 $260,250
2021 $4,720 $289,740 $28,970 $260,770
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 $4,560 $243,760 $0 $0
2016 $4,444 $230,020 $0 $0
2015 $4,133 $209,110 $0 $0
2014 $3,824 $190,100 $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: F10224804

BeachesMLS (Greater Fort Lauderdale)

APN: 48-43-08-BG-0280