NOT LISTED FOR SALE

4000 Cypress Grove Way Unit 505 Pompano Beach, FL 33069

Palm Aire Neighborhood

Estimated Value: $228,000 - $307,000

2 Beds
2 Baths
1,216 Sq Ft
$421/mo HOA Fee

Last Sold September 30, 2020

Last sale price $205,000 $169 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,157/month

42 Days on Market

Highlights

  • Heated Pool
  • Home fronts a canal
  • Screened Porch
  • Golf Course View
  • Sauna
  • Tennis Courts

About This Home

As of September 2020

Exquisite & Exceptional, this Bright, Spacious & Elegant Pet-Friendly Inner-Corner Penthouse features Panoramic Golf & Water Views. Beautifully Updated Eat-In Kitchen w/White Cabinets, Black Granite Counters, Washer/Dryer, Recessed Lights & SS Appliances. Neutral Diagonal Tile T/O. Impact Windows, Sliders & Front Door (2016). Updated Interior Doors & Baths. Newer A/C (2014), Electric Panel & GFI (2014). 2 Pets (up to 15") OK. Strong Reserves. Storage Room & Addtl Laundry Next Door. Pkg Spot Near Entrance. Maintenance Incl Xfinity X1 Package w/Voice, HBO & Hi-Speed Wifi. Some Furniture Negotiable. Steps from 2 Heated Pools, BBQ, Gazebo, Saunas. All Ages. Near Shops, Dining, Casino, Publix & Park w/Tennis, Sports Courts, Kids Playground. Quiet Living in Paradise for the Most Discerning Buyer

Last Agent to Sell the Property

Shawn Raval

RE/MAX Interaction Realty License #3304894 Listed on: 07/19/2020

RE/MAX Interaction Realty

Co-Listed By

Brittnie Rowan

RE/MAX Interaction Realty License #3457395

Last Buyer's Agent

Nancy Lairet

PALM-AIRE Realty Group Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,671

Year Built

  • Built in 1980

Lot Details

  • Home fronts a canal
  • South Facing Home

HOA Fees

  • $421 Monthly HOA Fees

Property Views

  • Golf Course
  • Canal

Interior Spaces

  • 1,216 Sq Ft Home
  • Furnished or left unfurnished upon request
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Screened Porch
  • Utility Room
  • Ceramic Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Heated Pool
  • Balcony

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 494205GH0450

Community Details

Overview

  • Association fees include all facilities, common areas, cable TV, maintenance structure, pest control, reserve fund, sewer, security, trash, water
  • Palm Aire Cypress Grove Subdivision, Inner Corner Ph Floorplan
  • 5-Story Property

Amenities

  • Picnic Area
  • Sauna
  • Laundry Facilities
  • Elevator

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Security Guard
  • Phone Entry
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,671

Year Built

Built in 1980

Lot Details

0

HOA Fees

$421 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: West Palm Aire Drive to Cypress GROVE Way (NOT Cypress Blvd, which you will pass), then make a left. Look for BLDG #125 from either side of fork.
  • Year Built: 1980
  • Carport Y N: No
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bedroom on Main Level, Entrance Foyer, Eat-in Kitchen, Living/Dining Room, Main Living Area Entry Level, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 1216.0
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 5
  • Window Features: Blinds, Impact Glass

Exterior Features

  • Exterior Features: Balcony, Security/High Impact Doors
  • View: Canal, Golf Course, Water
  • Pool Features: Heated
  • View: Yes
  • Waterfront Features: Canal Front, None
  • Waterfront: No
  • 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

  • Laundry Features: Common Area
  • Security: Lobby Secured, Phone Entry, Security Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 1262.0
  • Senior Community: No
  • Amenities: Basketball Court, Laundry, Barbecue, Picnic Area, Playground, Pool, Sauna, Tennis Court(s), Trash, Elevator(s)
  • Association Fee Frequency: Quarterly
  • Pets Allowed: Pet Restrictions, Yes

Fee Information

  • Association Fee Includes: All Facilities, Common Areas, Cable TV, Maintenance Structure, Pest Control, Reserve Fund, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 494205GH0450

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1671.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2020
Closed on
Sep 30, 2020
Sold by
Schwartz Stephen L
Bought by
Kampf Daniel
Seller's Agent
Shawn Raval
RE/MAX Interaction Realty
Buyer's Agent
Nancy Lairet
PALM-AIRE Realty Group Inc.
List Price
$220,000
Sold Price
$205,000
Premium/Discount to List
-$15,000
-6.82%
Current Estimated Value
$252,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,038
Avg. Annual Appreciation
5.14%

Purchase Details

Listed on
Jan 3, 2014
Closed on
Mar 28, 2014
Sold by
Sullivan Thomas H and Sullivan Elaine R
Bought by
Schwartz Stephen L
Seller's Agent
Debra Veltri
Century 21 Wieder Realty
Buyer's Agent
Peter Souza
Castelli Real Estate Services
List Price
$144,900
Sold Price
$147,000
Premium/Discount to List
$2,100
1.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.25%
Original Mortgage
$115,920
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2009
Sold by
Coe Randolph E
Bought by
Sullivan Thomas H and Sullivan Elaine R

Purchase Details

Closed on
Mar 1, 2005
Sold by
Araujo Esteban Luis Medina and Demedina Maria Gabriela Durazzi
Bought by
Coe Randolph E

Purchase Details

Closed on
Nov 8, 2002
Sold by
Castiglione Franco and Castiglione Luigina
Bought by
Araujo Esteban Luis Medina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
6.62%

Purchase Details

Closed on
May 1, 1980
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Kampf Daniel $205,000 Union Title Services Inc
Schwartz Stephen L $147,000 Attorney
Sullivan Thomas H $98,000 Attorney
Coe Randolph E $184,500 --
Araujo Esteban Luis Medina $110,000 Florida Title & Escrow
Available Not $40,857 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schwartz Stephen L $115,920
Previous Owner Araujo Esteban Luis Medina $82,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2020 09/30/20 Sold $205,000 -6.8% $169 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
07/19/2020 07/19/20 For Sale $220,000 +49.7% $181 / Sq Ft
04/01/2014 04/01/14 Sold $147,000 +1.4% $135 / Sq Ft View Prior Sale
03/02/2014 03/02/14 Pending -- -- --
01/03/2014 01/03/14 For Sale $144,900 -- $134 / 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 $4,945 $238,570 -- --
2024 $4,800 $238,570 -- --
2023 $4,800 $197,180 $0 $0
2022 $4,016 $179,260 $0 $0
2021 $3,591 $162,970 $16,300 $146,670
2020 $1,708 $115,150 $0 $0
2019 $1,671 $112,570 $0 $0
2018 $1,592 $110,480 $0 $0
2017 $1,485 $108,210 $0 $0
2016 $1,439 $105,990 $0 $0
2015 $1,946 $127,890 $0 $0
2014 $2,400 $98,180 $0 $0
2013 -- $89,260 $8,930 $80,330
Source: Public Records

Agents Affiliated with this Home

  • Shawn Raval

    Seller's Agent in 2020

    Shawn Raval

    RE/MAX

    (954) 803-9796

    82 in this area

    142 Total Sales

    Shawn Raval
    Section Image

  • B

    Seller Co-Listing Agent in 2020

    Brittnie Rowan

    RE/MAX

    (954) 746-4500

    20 in this area

    50 Total Sales

    Brittnie Rowan
    Section Image

  • N

    Buyer's Agent in 2020

    Nancy Lairet

    PALM-AIRE Realty Group Inc.

  • N

    Buyer's Agent in 2020

    Nancy Lairet

    LoKation

    (954) 972-2500

    50 in this area

    52 Total Sales

    Nancy Lairet
    Section Image

  • D

    Seller's Agent in 2014

    Debra Veltri

    Century 21 Wieder Realty

  • P

    Buyer's Agent in 2014

    Peter Souza

    Castelli Real Estate Services

See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10239778

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-05-GH-0450

Florida Broward County Pompano Beach 33069 Palm Aire

4000 Cypress Grove Way Unit 505, Pompano Beach, FL

Not Listed for Sale

Condos

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