$200,000
SOLD SEP 13, 2024

Palm-Aire Building 112 3510 Oaks Way Unit 507 Pompano Beach, FL 33069

Palm Aire Neighborhood
2 Beds
2 Baths
1,260 Sq Ft
$768/mo HOA Fee

Recently Sold

$159 Per Sq Ft

27% Below List Price

117 Days on Market

Highlights

  • Heated Pool
  • Waterfront
  • Screened Porch
  • Golf Course View
  • Furnished
  • Bike Room

About This Home

As of September 2024

A LOVELY 2/2 AVAILABLE IN THE WELL SOUGHT AFTER OAKS WAY! SPACIOUS WELL CARED AFTER UNIT OFFERS YOU LARGE BEDROOMS, WALK IN AND REACH IN CLOSETS. A SERENE VIEW OF THE GOLF COURSE AND A POND WHILE YOU SIT AND RELAX IN THE SCREENED BALCONY. WELL MAINTAINED COMMUNITY, LOCATED IN A CUL-DE-SAC WITH NO THROUGH TRAFFIC. WASHER/ DRYER IN THE UNIT, FOUR HEATED/ COOL POOLS AVAILABLE WITH RECENTLY UPDATED CLUB HOUSES. SECURE ENTRANCE TO THE BLDG WITH PHONE ENTRY. CLOSE TO PUBLIX, TENNIS COURTS AND PLAYGROUND. NEWLY REPAVED WALKING/ BIKE PATHS. ASSOCIATION REQUIRES 700 CREDIT SCORE, 10% DOWN, 30 DAYS REQUIRED FOR APPROVAL. HIGHSPEED FIBEROPTIC INTERNET AND CABLE INCLUDED IN THE MAINTAINANCE.

Last Agent to Sell the Property

Yashoda Gowda

Charles Rutenberg Realty FTL License #3227171 Listed on: 04/17/2024

Charles Rutenberg Realty FTL

Last Buyer's Agent

Parks Morgan

RE/MAX Experience License #3046032

RE/MAX Experience

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,649

Year Built

  • Built in 1981

Lot Details

  • Waterfront
  • North Facing Home

HOA Fees

  • $768 Monthly HOA Fees

Interior Spaces

  • 1,260 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Screened Porch
  • Washer and Dryer

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • 2 Full Bathrooms

Parking

  • Over 1 Space Per Unit
  • Guest Parking

Outdoor Features

  • Heated Pool
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 494205GM0470

Community Details

Overview

  • Association fees include common areas, cable TV, maintenance structure, parking, pest control, pool(s), roof, sewer, security, trash, water
  • Palm Aire Country Club Subdivision
  • 10-Story Property

Amenities

  • Picnic Area
  • Community Storage Space
  • Elevator

Recreation

Security

  • Phone Entry

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,649

Year Built

Built in 1981

Lot Details

0

HOA Fees

$768 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: POWERLINE RD. N. PALM AIRE DR., LEFT ONTO OAKS DR., LEFT TO OAKS WAY, BLDG 112 IS THE FIRST BLDG ON LEFT.
  • Year Built: 1981
  • Carport Y N: No
  • Entry Level: 5
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Closet Cabinetry, First Floor Entry, Other, Split Bedrooms, Elevator
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Range, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Living Area: 1260.0
  • Stories: 10

Exterior Features

  • Exterior Features: Balcony
  • View: Golf Course
  • Pool Features: Heated
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Balcony, Screened
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Guest, Two or More Spaces

Utilities

  • Security: Phone Entry
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 768.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Bike Storage, Barbecue, Picnic Area, Pool, Storage, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Maintenance Structure, Parking, Pest Control, Pool(s), Roof, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 494205GM0470

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4649.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2024
Closed on
Sep 13, 2024
Sold by
Cohen Lynne R and Sedwick Laurie
Bought by
Engskow Stephen Michael
Seller's Agent
Yashoda Gowda
Charles Rutenberg Realty FTL
Buyer's Agent
Parks Morgan
RE/MAX Experience
List Price
$275,000
Sold Price
$200,000
Premium/Discount to List
-$75,000
-27.27%
Total Days on Market
117
Views
16
Current Estimated Value
$208,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,808
Avg. Annual Appreciation
6.17%
Original Mortgage
$115,000
Outstanding Balance
$114,292
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$94,516

Purchase Details

Closed on
Jun 9, 1997
Sold by
Irwin Edith E
Bought by
Romanoff Harold and Romanoff Doris F

Purchase Details

Closed on
Feb 1, 1981
Sold by
Available Not
Bought by
Available Not
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
Warranty Deed $200,000 None Listed On Document
Warranty Deed $62,000 --
Warranty Deed $46,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $115,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2024 09/13/24 Sold $200,000 -11.1% $159 / Sq Ft
08/14/2024 08/14/24 Pending -- -- --
07/02/2024 07/02/24 Price Changed $225,000 -4.3% $179 / Sq Ft
06/04/2024 06/04/24 Price Changed $235,000 -6.0% $187 / Sq Ft
05/17/2024 05/17/24 Price Changed $250,000 -5.7% $198 / Sq Ft
05/06/2024 05/06/24 Price Changed $265,000 -3.6% $210 / Sq Ft
04/18/2024 04/18/24 For Sale $275,000 -- $218 / 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 $4,810 $249,280 $24,930 $224,350
2024 $4,649 $224,300 -- --
2023 $4,649 $185,380 $0 $0
2022 $3,926 $168,530 $0 $0
2021 $3,389 $153,210 $15,320 $137,890
2020 $3,411 $156,870 $15,690 $141,180
2019 $3,261 $148,340 $14,830 $133,510
2018 $3,261 $151,020 $15,100 $135,920
2017 $3,056 $144,270 $0 $0
2016 $2,787 $131,160 $0 $0
2015 $2,786 $126,150 $0 $0
2014 $2,587 $114,690 $0 $0
2013 -- $104,270 $10,430 $93,840
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2024

    Yashoda Gowda

    Charles Rutenberg Realty FTL

    (954) 348-7230

    7 in this area

    13 Total Sales

    Yashoda Gowda
    Section Image
  • Parks Morgan

    Buyer's Agent in 2024

    Parks Morgan

    RE/MAX

    (954) 298-0914

    5 in this area

    37 Total Sales

    Parks Morgan
    Section Image
See All Agents

About Palm-Aire Building 112

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10434668

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-05-GM-0470

Florida Broward County Pompano Beach 33069 Palm Aire

3510 Oaks Way Unit 507, Pompano Beach, FL

This home is located at 3510 Oaks Way Unit 507, Pompano Beach, FL 33069 and is currently priced at $200,000, approximately $158 per square foot. This property was built in 1981. 3510 Oaks Way Unit 507 is a home located in Broward County with nearby schools including Cypress Elementary School, Pompano Beach Middle School, and Blanche Ely High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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