NOT LISTED FOR SALE

615 N Riverside Dr Unit PH2 Pompano Beach, FL 33062

Estimated Value: $478,000 - $543,000

2 Beds
2 Baths
1,600 Sq Ft
$517/mo HOA Fee

Last Sold September 19, 2017

Last sale price $347,000 $217 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,813/month

219 Days on Market

Highlights

  • Boat Dock
  • Penthouse
  • Breakfast Area or Nook
  • Property fronts an intracoastal waterway
  • Community Pool
  • Screened Balcony

About This Home

As of September 2017

JUST REDUCED!! GREAT PRICE FOR THIS VIEW!! 1 OF ONLY 4 TRUE INTRACOASTAL PENTHOUSES THAT IS EXCELLENTLY PRICED. SPECTACULAR VIEWS OF THE INTRACOASTAL FROM THIS GORGEOUS PENTHOUSE UNIT. UNIT HAS IMPACT SLIDER DOOR & BACK WINDOWS. UPDATED KITCHEN W/MAPLE CABINETS. UPDATED MASTER BATH. WASHER & DRYER IN UNIT. WALK-IN CLOSET. DINING ROOM HAS A CUSTOM DRY BAR. SPACIOUS & OPEN UNIT WITH 1600 SQ FT. COVERED PARKING. BUILDING HAS JUST UNDERGONE MAJOR CONSTRUCTION, BUILDING HAS BRAND NEW ROOF, EXPANDED CONCRETE DOCK, UPDATED WALKWAY WITH GLASS RAILING, JUST TO NAME A FEW. ALL ASSESSMENTS HAVE BEEN PAID. A MUST SEE!!

Last Agent to Sell the Property

Annie Lavallee

RE/MAX 5 Star Realty License #3066916 Listed on: 12/22/2016

RE/MAX 5 Star Realty

Last Buyer's Agent

Rafael Monterrey

Coldwell Banker Residential RE License #380986

Coldwell Banker Residential RE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,236

Year Built

  • Built in 1969

Lot Details

  • Property fronts an intracoastal waterway
  • East Facing Home

HOA Fees

  • $517 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Penthouse
  • Entry on the 8th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,600 Sq Ft Home
  • Custom Mirrors
  • Furniture for Sale
  • Bar
  • Ceiling Fan
  • Plantation Shutters
  • Blinds
  • Combination Dining and Living Room
  • Intracoastal Views
  • Security System Owned

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Water Purifier

Additional Features

  • Screened Balcony
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 484331AL0370

Community Details

Overview

  • Mid-Rise Condominium
  • Riverside Terrace Condos
  • The community has rules related to no motorcycles, no recreational vehicles or boats
  • 8-Story Property

Amenities

  • Community Barbecue Grill
  • Trash Chute

Recreation

  • Boat Dock
  • Community Pool

Pet Policy

  • No Pets Allowed

Building Details

Security

  • Phone Entry
  • Secure Elevator
  • High Impact Windows
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,236

Year Built

Built in 1969

Lot Details

0

HOA Fees

$517 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1969
  • Property Sub Type: Condominium
  • Architectural Style: Penthouse
  • Directions: ATLANTIC BLVD. EAST TO N. RIVERSIDE DR. NORTH TO THE BUILDING (BUILDING ON WEST SIDE OF RIVERSIDE DR. DIRECTLY ON THE INTRACOASTAL).
  • Entry Level: 8
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Community Boat Dock
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Water Purifier, Electric Range, Refrigerator, Washer
  • Interior Amenities: Bar, Custom Mirrors, Pantry, Split Bedroom, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Carpet, Ceramic Floor, Tile
  • Furnished: Furniture For Sale, Unfurnished
  • Living Area: 1600
  • Possible Use: Primary
  • Stories: 8
  • Window Features: Hurricane Shutters, Blinds, High Impact Windows, Plantation Shutters
  • Bedroom Features: Entry Level
  • Dining Room Features: Breakfast Area, Dining/Living Room
  • Master Bathroom Features: Dual Sinks, Shower Only

Exterior Features

  • View: Intracoastal View, Water View
  • Exterior Features: East Of Us1, Exterior Cat Walk, Screened Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: RIVERSIDE TERRACE
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Covered, Limited # Of Vehicle, No Motorcycle, No Rv/Boats

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Owned Burglar Alarm, Elevator Secure, Phone Entry, Burglar Alarm

Condo/Co-op/Association

  • Association Fee: 517
  • Amenities: Barbecue, Elevator(s), Pool, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 484331AL0370
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 2236

Multi Family

  • Maintenance Expense: 517

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2016
Closed on
Sep 5, 2017
Sold by
Ohearn Roslyn G and Lipshultz Alfred J
Bought by
Contractor Shaila
Seller's Agent
Annie Lavallee
RE/MAX 5 Star Realty
Buyer's Agent
Rafael Monterrey
Coldwell Banker Residential RE
List Price
$399,900
Sold Price
$347,000
Premium/Discount to List
-$52,900
-13.23%
Current Estimated Value
$522,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,032
Avg. Annual Appreciation
5.16%
Original Mortgage
$260,250
Outstanding Balance
$217,502
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$304,530

Purchase Details

Closed on
Dec 1, 2016
Bought by
Contractor Shaila

Purchase Details

Closed on
Nov 18, 1998
Sold by
Wolff Bonnie J
Bought by
Lipshultz Mitchell and Lipshultz Harriette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,500
Interest Rate
6.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 24, 1996
Sold by
Stangler Ladine F
Bought by
Wolff Manfred and Wolff Bonnie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.65%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 14, 1996
Sold by
Stangler Ladine F
Bought by
Stangler Ladine F

Purchase Details

Closed on
Jul 1, 1981
Sold by
Available Not
Bought by
Available Not
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
Contractor Shaila $347,000 Attorney
Contractor Shaila -- --
Lipshultz Mitchell $129,500 --
Wolff Manfred $100 --
Wolff Manfred $126,100 --
Stangler Ladine F $100 --
Available Not $81,450 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Contractor Shaila $260,250
Previous Owner Stangler Ladine F $114,500
Previous Owner Stangler Ladine F $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2017 09/19/17 Sold $347,000 -6.0% $217 / Sq Ft
07/27/2017 07/27/17 Pending -- -- --
07/01/2017 07/01/17 Price Changed $369,000 -7.7% $231 / Sq Ft
12/20/2016 12/20/16 For Sale $399,900 -- $250 / Sq Ft
Source: MIAMI REALTORS® 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 $6,756 $365,840 -- --
2024 $6,646 $355,530 -- --
2023 $6,646 $345,180 $0 $0
2022 $6,274 $335,130 $0 $0
2021 $6,070 $325,370 $0 $0
2020 $5,885 $320,880 $0 $0
2019 $5,786 $313,670 $0 $0
2018 $5,568 $307,830 $30,780 $277,050
2017 $6,979 $343,190 $0 $0
2016 $2,237 $151,120 $0 $0
2015 $2,291 $150,070 $0 $0
2014 $2,280 $148,880 $0 $0
2013 -- $210,580 $21,060 $189,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: H10196875

MIAMI REALTORS® MLS

APN: 48-43-31-AL-0370