NOT LISTED FOR SALE

4228 N Ocean Dr Unit 4 Lauderdale By the Sea, FL 33308

Estimated Value: $256,000 - $312,000

1 Bed
1 Bath
507 Sq Ft
$463/mo HOA Fee

Last Sold May 26, 2021

Last sale price $205,000 $404 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,279/month

80 Days on Market

Highlights

  • Ocean Front
  • Newly Remodeled
  • Gated Community
  • Bayview Elementary School Rated A
  • Heated Pool
  • Garden View

About This Home

As of May 2021

A one of a kind, fully renovated unit in a boutique community in the center of the action in Lauderdale by the Sea.
150 steps from your door to the sand. Completely updated unit. Hurricane impact windows and doors. Amenities include laundry, a heated pool, two tiki huts along with two gas grills. A locked storage room is available. Plenty of parking. Great for year round beach living, second home or a rental property. Can rent up to 5x a year minimum 30 days but need to own one year prior to renting.

Last Agent to Sell the Property

Rachael Barach

RE/MAX Preferred License #3095523 Listed on: 02/04/2021

RE/MAX Preferred

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,142

Year Built

  • Built in 1974 | Newly Remodeled

Lot Details

  • Ocean Front

HOA Fees

  • $463 Monthly HOA Fees

Interior Spaces

  • 507 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Terrazzo Flooring
  • Garden Views

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Heated Pool
  • Open Patio
  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 494318AM0040

Community Details

Overview

  • Association fees include amenities, common areas, laundry, ground maintenance, maintenance structure
  • French Leave Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Security

  • Card or Code Access
  • Gated Community
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,142

Year Built

Built in 1974 | Newly Remodeled

Lot Details

0

HOA Fees

$463 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 1974
  • Carport Y N: No
  • New Construction: Yes
  • Property Attached Yn: Yes
  • Year Built Details: New Construction
  • Special Features: 4098

Interior Features

  • Interior Amenities: Bedroom on Main Level, Breakfast Area, First Floor Entry, Living/Dining Room
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Appliances: Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Terrazzo
  • Living Area: 507.0
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Barbecue, Security/High Impact Doors, Porch
  • View: Garden
  • Pool Features: Heated
  • Waterfront Features: Ocean Front, Other
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Open, Porch
  • Property Condition: New Construction

Garage/Parking

  • Garage Yn: No
  • Parking Features: One Space

Utilities

  • Laundry Features: Common Area
  • Security: Key Card Entry
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 463.0
  • Community Features: Gated
  • Senior Community: No
  • Amenities: Laundry, Pool
  • Association #2 Fee: 463.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Amenities, Common Areas, Laundry, Maintenance Grounds, Maintenance Structure

Lot Info

  • Parcel #: 494318AM0040

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3142.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2021
Closed on
May 21, 2021
Sold by
Kurtz Maria Martina
Bought by
Pelan John J
Seller's Agent
Rachael Barach
RE/MAX Preferred
List Price
$230,000
Sold Price
$205,000
Premium/Discount to List
-$25,000
-10.87%
Current Estimated Value
$282,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,452
Avg. Annual Appreciation
8.14%
Original Mortgage
$153,750
Outstanding Balance
$140,708
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$146,056

Purchase Details

Closed on
Sep 17, 2012
Sold by
Love Gregory
Bought by
Kurtz Maria Martina

Purchase Details

Closed on
Nov 30, 2007
Sold by
Mccarthy Jefferson Brian
Bought by
Love Gregory

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
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2003
Sold by
Heins Christopher K and Heins Michelle Maria
Bought by
Mccarthy Jefferson Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 15, 2003
Sold by
Heins Christopher K
Bought by
Heins Christopher K and Heins Michelle Maria

Purchase Details

Closed on
Aug 31, 2001
Sold by
Hendricks Jayne L and Hiltz Agnes C
Bought by
Heins Christopher K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,575
Interest Rate
6.85%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 1, 1989
Source: Public Records

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
Pelan John J $205,000 Consumer First Title Company
Kurtz Maria Martina $136,000 Gibraltar Title & Escrow Co
Love Gregory $98,000 Gibraltar Title & Escrow Co
Mccarthy Jefferson Brian $118,000 Jd Title
Heins Christopher K -- --
Heins Christopher K $86,000 --
-- $7,857 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pelan John J $153,750
Previous Owner Love Gregory $78,400
Previous Owner Mccarthy Jefferson Brian $94,400
Previous Owner Testagrossa Josephine $9,575
Previous Owner Heins Christopher K $77,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2021 05/26/21 Sold $205,000 -10.9% $404 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
02/04/2021 02/04/21 For Sale $230,000 0.0% $454 / Sq Ft
05/18/2020 05/18/20 For Rent $1,250 0.0% --
05/18/2020 05/18/20 Rented $1,250 0.0% --
03/06/2020 03/06/20 For Rent $1,250 0.0% --
03/06/2020 03/06/20 Rented $1,250 +4.2% --
04/25/2019 04/25/19 For Rent $1,200 0.0% --
04/25/2019 04/25/19 Rented $1,200 -5.9% --
08/15/2018 08/15/18 Rented $1,275 +6.3% --
07/16/2018 07/16/18 Under Contract -- -- --
04/11/2018 04/11/18 For Rent $1,200 -14.3% --
08/01/2016 08/01/16 Rented $1,400 0.0% --
03/15/2016 03/15/16 For Rent $1,400 0.0% --
09/18/2015 09/18/15 Rented $1,400 +7.7% --
08/19/2015 08/19/15 Under Contract -- -- --
08/11/2015 08/11/15 For Rent $1,300 -7.1% --
05/20/2015 05/20/15 Rented $1,400 0.0% --
04/20/2015 04/20/15 Under Contract -- -- --
03/19/2015 03/19/15 For Rent $1,400 +1.4% --
06/16/2014 06/16/14 For Rent $1,380 0.0% --
06/16/2014 06/16/14 Rented $1,380 -37.3% --
01/30/2014 01/30/14 Rented $2,200 +120.0% --
12/31/2013 12/31/13 Under Contract -- -- --
03/30/2013 03/30/13 For Rent $1,000 -- --
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 $3,472 $228,750 -- --
2024 $3,373 $222,310 -- --
2023 $3,373 $215,840 $0 $0
2022 $3,111 $209,560 $20,960 $188,600
2021 $3,167 $171,970 $17,200 $154,770
2020 $3,142 $170,090 $17,010 $153,080
2019 $3,167 $170,280 $17,030 $153,250
2018 $2,953 $165,320 $16,530 $148,790
2017 $2,747 $142,580 $0 $0
2016 $2,632 $129,620 $0 $0
2015 $2,530 $117,840 $0 $0
2014 $2,218 $107,130 $0 $0
2013 -- $122,400 $12,240 $110,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10269521

BeachesMLS (Greater Fort Lauderdale)

APN: 49-43-18-AM-0040