NOT LISTED FOR SALE

4191 Cypress Reach Ct Unit 501 Pompano Beach, FL 33069

Palm Aire Neighborhood

Estimated Value: $248,000 - $271,000

2 Beds
2 Baths
1,357 Sq Ft
$424/mo HOA Fee

Last Sold September 13, 2019

Last sale price $160,000 $118 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,061/month

75 Days on Market

Highlights

  • Fitness Center
  • Home fronts a lagoon or estuary
  • Clubhouse
  • Heated Pool
  • Golf Course View
  • Wood Flooring

About This Home

As of September 2019

CORNER PENTHOUSE - PET FRIENDLY - 1357 sf 2 bed 2 bath condo in Palm Aire!! Remodeled kitchen, Large open space with lots of windows highlighting beautiful lagoon and Cypress Golf Course views. Split bedroom floor plan. Separate laundry room with full size washer/dryer PLUS an additional room that can be used as an office or storage room. Wood floors in all living areas. New A/C, new hot water heater. BEST Assigned Parking space#38 directly in front of entrance. Currently rented until October 31 at $1500/mo. Cypress Reach is a wonderful gated community in Palm-Aire. Amenities include a large pool and clubhouse with kitchen, BBQ and sauna. 1 pet up to 20# allowed. BEST VALUE in community! Don't miss this one!

Last Agent to Sell the Property

Joann Edwards

Balistreri Real Estate Inc License #3100881 Listed on: 05/30/2019

Balistreri Real Estate Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,991

Year Built

  • Built in 1985

Lot Details

  • Home fronts a lagoon or estuary
  • Privacy Fence

HOA Fees

  • $424 Monthly HOA Fees

Property Views

  • Lagoon
  • Golf Course

Interior Spaces

  • 1,357 Sq Ft Home
  • Ceiling Fan
  • Jalousie or louvered window
  • Blinds
  • Combination Dining and Living Room
  • Den
  • Utility Room

Kitchen

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

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Heated Pool
  • Exterior Lighting

Schools

  • Cypress Elementary School
  • Pompano B.Middle School
  • Ely High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 494205HJ0850

Community Details

Overview

  • Association fees include all facilities, common areas, cable TV, insurance, ground maintenance, maintenance structure, pool(s), recreation facilities, sewer, trash, water
  • 90 Units
  • Cypress Reach Subdivision, Corner Penthouse Floorplan
  • 1-Story Property

Amenities

  • Picnic Area
  • Sauna
  • Clubhouse
  • Elevator

Recreation

  • Community Basketball Court
  • Fitness Center
  • Community Pool
  • Trails

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,991

Year Built

Built in 1985

Lot Details

0

HOA Fees

$424 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: just north of McNab (east of Lyons, west of Powerline). Go north on Cypress Blvd. Cypress Reach gated community is on the right when you turn off McNab. Call from guard station to open gate
  • Year Built: 1985
  • Carport Y N: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Bedroom on Main Level, Closet Cabinetry, Eat-in Kitchen, First Floor Entry, Living/Dining Room, Main Level Master, Main Living Area Entry Level, Pantry, Split Bedrooms, Elevator
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Wood
  • Living Area: 1357.0
  • Dining Room Type: Den, Laundry, Utility Room
  • Stories: 5
  • Window Features: Blinds, Jalousie

Exterior Features

  • Exterior Features: Barbecue, Privacy Wall
  • View: Golf Course, Lagoon, Water
  • Pool Features: Heated
  • View: Yes
  • Waterfront Features: Lagoon, None
  • Waterfront: Yes
  • Disclosures: Foreign Seller
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Tub
  • Security: Complex Fenced, Key Card Entry, Smoke Detector(s)
  • Green Building Features: Exterior Lighting
  • 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: 424.0
  • Senior Community: No
  • Amenities: Basketball Court, Clubhouse, Community Kitchen, Fitness Center, Barbecue, Picnic Area, Pool, Sauna, Trail(s), Elevator(s)
  • Association #2 Fee: 424.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Size Limit, Yes

Fee Information

  • Association Fee Includes: All Facilities, Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Pool(s), Recreation Facilities, Sewer, Trash, Water

Schools

  • Elementary School: Cypress
  • High School: Ely
  • Middle Or Junior School: Pompano B.Middle

Lot Info

  • Parcel #: 494205HJ0850

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2991.0

Multi Family

  • Number Of Units In Community: 90

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2019
Closed on
Sep 13, 2019
Sold by
Sider Nicholas
Bought by
Shamasundar Ullas and Satyanarayana Sumana Gandur
Seller's Agent
Joann Edwards
Balistreri Real Estate Inc
Buyer's Agent
South Florida RE Advisors
List Price
$166,900
Sold Price
$160,000
Premium/Discount to List
-$6,900
-4.13%
Current Estimated Value
$259,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,971
Avg. Annual Appreciation
8.25%
Original Mortgage
$136,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 3, 2017
Closed on
Jun 12, 2017
Sold by
Samnels Emily
Bought by
Sider Nicholas
Seller's Agent
Brian Calvert
LoKation
Buyer's Agent
Joann Edwards
Balistreri Realty Inc 2
List Price
$175,000
Sold Price
$165,000
Premium/Discount to List
-$10,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.36%

Purchase Details

Closed on
Mar 28, 2005
Sold by
Samuels Evelyn
Bought by
Evelyn Samuels Revocable Trust

Purchase Details

Closed on
Jul 11, 2001
Sold by
William J Puttick Jr M and Christine Puttick M
Bought by
Samuels Melvin and Samuels Evelyn F

Purchase Details

Closed on
Sep 21, 1998
Sold by
Kaplan Marlene Alper
Bought by
Puttick William J and Puttick Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,550
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 1986
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

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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
Shamasundar Ullas $160,000 Attorney
Sider Nicholas $165,000 Attorney
Evelyn Samuels Revocable Trust $17,750 None Available
Samuels Melvin $100,000 --
Puttick William J $69,000 --
Available Not $55,643 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shamasundar Ullas $136,000
Previous Owner Puttick William J $65,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/13/2019 09/13/19 Sold $160,000 -4.1% $118 / Sq Ft
08/14/2019 08/14/19 Pending -- -- --
05/30/2019 05/30/19 For Sale $166,900 0.0% $123 / Sq Ft
08/08/2017 08/08/17 For Rent $1,500 0.0% --
08/08/2017 08/08/17 Rented $1,500 0.0% --
06/16/2017 06/16/17 Sold $165,000 -5.7% $122 / Sq Ft View Prior Sale
05/17/2017 05/17/17 Pending -- -- --
05/03/2017 05/03/17 For Sale $175,000 -- $129 / 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 $3,291 $191,710 -- --
2024 $3,227 $186,310 -- --
2023 $3,227 $180,890 $0 $0
2022 $2,993 $175,630 $17,560 $158,070
2021 $3,686 $166,570 $0 $0
2020 $3,301 $151,430 $15,140 $136,290
2019 $3,169 $143,870 $14,390 $129,480
2018 $2,991 $137,670 $13,770 $123,900
2017 $714 $95,430 $0 $0
2016 $802 $93,470 $0 $0
2015 $823 $92,830 $0 $0
2014 $831 $92,100 $0 $0
2013 -- $105,460 $10,550 $94,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10176254

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-05-HJ-0850