NOT LISTED FOR SALE

Estimated Value: $433,137 - $507,000

2 Beds
2 Baths
900 Sq Ft
$475/mo HOA Fee

Last Sold January 15, 2021

Last sale price $318,000 $353 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,592/month

215 Days on Market

Highlights

  • Waterfront
  • Heated Pool
  • Open Floorplan
  • Coronado Beach Elementary School Rated 10
  • Full Gulf or Ocean Views
  • 2-minute walk to 27th Avenue Park

About This Home

As of January 2021

Top 3rd floor 2BR/2BA tastefully furnished condo with incredible ocean views & sunrises from the south facing balcony! Point East is an oceanfront resort located in the preferred non-driving beach zone, so it's a car free beach for family fun and safety. Point East recently finished a $6 Million concrete restoration and waterproofing project from top to bottom, including the roof, the parking lot & elevators! Brand new kitchen cabinets and countertops are just beautiful! Master bedroom & living room open to the spacious balcony which overlooks the courtyard, pool, kiddie pool & the ocean. Situated next to a park with basketball, racquetball & a playground for kids & provides extra parking for guests & family members! Conveniently located within walking distance to shops, restaurants & church. The unit is completely tiled with 18" beige tile, laid on the diagonal, which is very attractive & easy to clean. Fully stocked kitchen has a large pantry & newer white appliances including Ref. with icemaker, D/W, glass top stove/oven & built-in microwave. Newer windows and doors are all high impact wind rated glass & the A/C has 2 years left on parts and labor warranty. Unit has an incredible rental history, with 4 night minimum & makes approx. $15k to $17k/year. The owner, with over 25 years experience in vacation rentals, is willing to consider owner financing & will help with the marketing & future rentals if desired. This adorable unit is being sold totally furnished including a comfy king size bed in the MBR and 2 double beds in the guest BR. Point East features a clubhouse, BBQ grill, seasonally heated pool, owners storage, bike storage, library with Wi-Fi and TV and a board room. Point East is also pet friendly with no restrictions for owners. There is on-site management to handle the rentals if needed. Treat yourself to this move in ready beach getaway & enjoy the Florida lifestyle today that you deserve! ;LocationDescription: Condo ;Water: City

Last Agent to Sell the Property

Cindy Walker

WATSON REALTY CORP License #563052 Listed on: 04/15/2020

WATSON REALTY CORP

Last Buyer's Agent

Pamela Burkard

WATSON REALTY CORP License #558293

WATSON REALTY CORP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,322

Year Built

  • Built in 1973

Lot Details

  • Irrigation

HOA Fees

  • $475 Monthly HOA Fees

Home Design

  • Built-Up Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 900 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Sliding Doors
  • Tile Flooring
  • Laundry Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Heated Pool
  • Seawall
  • Balcony
  • Courtyard
  • Deck
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 7415-06-00-3090

Community Details

Overview

  • Association fees include cable TV, pool, insurance, ground maintenance, pest control, sewer, trash, water
  • Point East Condo Association, Phone Number (386) 689-5491
  • Point East Condos
  • Point East Subdivision
  • Property managed by Arnie Bennett

Recreation

  • Waterfront

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,322

Year Built

Built in 1973

Lot Details

0

HOA Fees

$475 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Insurance, Maintenance Grounds, Pest Control, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Concrete, Stucco
  • Living Area: 900
  • Year Built: 1973
  • Building Area Total: 950
  • Directions to Property: South on A1A to Point East condo on left just after the 27th Ave. park & parking area. Unit is on left/north side of complex near the middle of the building. Park on north side and go up stairs or elevator near the middle of north building to the 3rd floor.
  • Status: Sold
  • Street Direction: S
  • Floor Number: 3
  • List Office Head Office Key Nume: 1044790
  • RATIO Current Price By Calculate: 353.33
  • MFR_InLawSuiteYN: 0
  • MFR_CommunityAssociationWaterFeatures: Gulf/Ocean Front
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Elevator, Open Floorplan
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Ice Maker, Microwave, Oven, Range, Refrigerator
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 3
  • Window Features: Blinds, Thermal Windows
  • Street Number Modifier: 3801
  • Room Count: 6

Exterior Features

  • Pool Features: Heated
  • Exterior Features: Balcony, Courtyard, Irrigation System, Sliding Doors, Storage
  • Roof: Built-Up
  • Waterfront: Yes
  • Patio and Porch Features: Deck
  • Road Surface Type: Asphalt
  • Water Extras: Seawall - Other
  • Water View: Gulf/Ocean - Full

Garage/Parking

  • Parking Features: Off Street, Open

Utilities

  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room, Other
  • Sewer: Public Sewer
  • Water Source: See Remarks

Condo/Co-op/Association

  • Community Features: Pool, Sidewalks
  • Association Fee: 475
  • Association Fee Frequency: Monthly
  • Association Name: Point East Condo
  • Phone: 386-689-5491
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 1
  • Complex Community Name Nccb: Point East
  • Development: Point East
  • Property Manager: Arnie Bennett
  • Property Manager Phone: 386-689-5491

Lot Info

  • Zoning: R6
  • Parcel Number: 7415-06-00-3090
  • Lot Features: City Limits

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2020
Closed on
Jan 15, 2021
Sold by
Bibbee Edward F and Bibbee Marilyn C
Bought by
Beresheim Thomas J and Beresheim Bethany L
Seller's Agent
Cindy Walker
WATSON REALTY CORP
Buyer's Agent
Pamela Burkard
WATSON REALTY CORP
List Price
$335,000
Sold Price
$318,000
Premium/Discount to List
-$17,000
-5.07%
Current Estimated Value
$479,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,034
Avg. Annual Appreciation
9.23%
Original Mortgage
$254,400
Outstanding Balance
$228,090
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$250,944

Purchase Details

Closed on
Nov 15, 1975
Bought by
Bibbee Edward F and Bibbee Marilyn C
Source: Public Records

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
Beresheim Thomas J $318,000 Watson Title Services Inc
Bibbee Edward F $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beresheim Thomas J $254,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $318,000 -5.1% $353 / Sq Ft
11/17/2020 11/17/20 Pending -- -- --
04/15/2020 04/15/20 For Sale $335,000 -- $372 / Sq Ft
Source: Stellar MLS

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 $6,322 $437,331 -- $437,331
2024 $6,322 $437,331 -- $437,331
2023 $6,322 $385,664 $0 $385,664
2022 $5,541 $322,784 $0 $322,784
2021 $4,974 $274,905 $0 $274,905
2020 $4,703 $258,856 $0 $258,856
2019 $4,477 $239,810 $0 $239,810
2018 $4,294 $239,811 $1 $239,810
2017 $3,995 $211,649 $52,912 $158,737
2016 $3,784 $177,112 $0 $0
2015 $3,901 $177,112 $0 $0
2014 $3,744 $179,617 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: NS1057950

Stellar MLS

APN: 7415-06-00-3090