NOT LISTED FOR SALE

4240 Oaks Terrace Unit 204 Pompano Beach, FL 33069

Palm Aire Neighborhood

Estimated Value: $333,000 - $357,000

3 Beds
3 Baths
1,647 Sq Ft
$462/mo HOA Fee

Last Sold February 25, 2020

Last sale price $200,000 $121 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,772/month

73 Days on Market

Highlights

  • Lake Front
  • Heated Pool
  • Bocce Ball Court
  • Newly Remodeled
  • Screened Porch
  • Hurricane or Storm Shutters

About This Home

As of February 2020

PRICED TO SELL! Largest Model, 3 Bedroom, 3 Full Bath condo in the highly desirable Palm Aire Golf Community. Tranquil lake and fountain views from balcony, master bedroom and second suite. Split bedroom floor plan with pocket-doors to bedroom hallway for privacy. Large, bright, eat-in kitchen. Full size washer/dryer in unit. AC 2017 Plenty of closet space. Assigned parking space. Outside storage unit for beach accessories, etc. Few steps to the pool and BBQ/picnic area. Public Local park has basketball, handball, bocce and tennis courts. All ages and small pet welcome! Lease after first year. Close to Publix, Isle Casino, shopping and restaurants. Minutes from the Beach. Easy access to I-95 and Turnpike. Easy to show. Motivated Sellers!

Last Agent to Sell the Property

Jennete Alexander Sherman

Signature Best Florida Realty License #3349526 Listed on: 11/13/2019

Signature Best Florida Realty

Co-Listed By

Andrea Medrano

Century 21 Global Connections License #3391580

Last Buyer's Agent

Crystal Beatty

RE/MAX Preferred License #3449113

RE/MAX Preferred

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,626

Year Built

  • Built in 1981 | Newly Remodeled

Lot Details

  • 1,568

HOA Fees

  • $462 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,647 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Screened Porch
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Central Heating and Cooling System
  • Municipal Trash

Additional Features

  • Heated Pool
  • Lake Front

Listing and Financial Details

  • Assessor Parcel Number 494205HG0560

Community Details

Overview

  • Association fees include cable TV, ground maintenance, maintenance structure, pest control, pool(s), roof, sewer, trash, water
  • Palm Aire Subdivision

Recreation

  • Bocce Ball Court
  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Additional Features

  • Picnic Area
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,626

Year Built

Built in 1981 | Newly Remodeled

Lot Details

0

HOA Fees

$462 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: From McNab Rd, Left onto Cypress Blvd, Left onto W Palm Aire Dr, Right onto Oaks Terrace, Building 143 to your Left. Unit #204.
  • Year Built: 1981
  • Carport Y N: No
  • Entry Level: 2
  • New Construction: Yes
  • Property Attached Yn: Yes
  • Year Built Details: New Construction
  • Special Features: 4098

Interior Features

  • Interior Amenities: Second Floor Entry, Eat-in Kitchen, Split Bedrooms, Upper Level Master, Walk-In Closet(s)
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Living Area: 1647.0
  • Stories: 2

Exterior Features

  • Exterior Features: Enclosed Porch, Storm/Security Shutters
  • View: Lake
  • Pool Features: Association, Heated
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Porch, Screened
  • Property Condition: New Construction

Garage/Parking

  • Garage Yn: No
  • Parking Features: One Space

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 462.0
  • Senior Community: No
  • Amenities: Bocce Court, Barbecue, Picnic Area, Pool, Trash
  • Association #2 Fee: 462.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Size Limit, Yes

Fee Information

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

Lot Info

  • Parcel #: 494205HG0560

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1626.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2019
Closed on
Feb 25, 2020
Sold by
Lapierre Robert and Lapierre Linda
Bought by
Gutman Alexander and Tsibulskaya Tatyana
Seller's Agent
Jennete Alexander Sherman
Signature Best Florida Realty
Buyer's Agent
Crystal Beatty
RE/MAX Preferred
List Price
$245,000
Sold Price
$200,000
Premium/Discount to List
-$45,000
-18.37%
Current Estimated Value
$347,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,717
Avg. Annual Appreciation
10.32%

Purchase Details

Closed on
Oct 25, 2002
Sold by
Planchart Maria Antonia
Bought by
Lapierre Robert and Lapierre Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.5%

Purchase Details

Closed on
May 21, 1993
Sold by
Lerner Joseph and Lerner Geraldine
Bought by
Planchart Maria Antonia
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
Gutman Alexander $200,000 Firm Title Corporation
Lapierre Robert $135,000 --
Planchart Maria Antonia $106,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lapierre Robert $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2020 02/25/20 Sold $200,000 -18.4% $121 / Sq Ft
01/26/2020 01/26/20 Pending -- -- --
11/13/2019 11/13/19 For Sale $245,000 -- $149 / 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 -- $273,270 -- --
2024 $5,596 $273,270 -- --
2023 $5,596 $225,850 $0 $0
2022 $4,685 $205,320 $0 $0
2021 $4,081 $186,660 $18,670 $167,990
2020 $1,744 $116,930 $0 $0
2019 $1,707 $114,310 $0 $0
2018 $1,626 $112,180 $0 $0
2017 $1,518 $109,880 $0 $0
2016 $1,472 $107,620 $0 $0
2015 $1,506 $106,880 $0 $0
2014 $1,499 $106,040 $0 $0
2013 -- $108,910 $10,890 $98,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10203249

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-05-HG-0560