NOT LISTED FOR SALE

Estimated Value: $1,141,000 - $1,436,000

5 Beds
2.5 Baths
3,050 Sq Ft
$404/Sq Ft Est. Value

Last Sold July 03, 2014

Last sale price $620,000 $203 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $7,882/month

24 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Private Pool
  • Lake View
  • Indian Trace Elementary School Rated A
  • Gated Community
  • Roman Tub

About This Home

As of July 2014

Pristine home with all the bells & whistles. 5 bedrooms plus office. Newer Roof. Kitchen remodeled with granite countertops & new stainless steel appliances, Floors just redone, Master Bath/Spa with digital steam shower plus Jacuzzi tub with mood lighting , accordion hurricane shutters, top of the line surround sound throughout, fenced yard, cabana bath, large secondary bedrooms, high end window treatments brand new, lush landscaping, cul de sac location. Community has park with tennis & basketball court.

Last Agent to Sell the Property

Eric Solomon

Solomon Homes License #640727 Listed on: 05/09/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,270

Year Built

  • Built in 1993

Lot Details

  • 75 Feet of Waterfront
  • Lake Front
  • South Facing Home
  • Fenced
  • Sprinkler System

HOA Fees

  • $135 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Lake
  • Pool

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 3,050 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Bar
  • Ceiling Fan
  • Blinds
  • Family Room
  • Formal Dining Room
  • Den
  • Utility Room
  • Hurricane or Storm Shutters

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Patio

Schools

  • Indian Trace Elementary School
  • Tequesta Trace Middle School
  • Cypress Bay High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 503912010940

Community Details

Overview

  • Association fees include common area maintenance, recreation facilities, security
  • Orchid Island Subdivision
  • Maintained Community

Recreation

  • Tennis Courts

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,270

Year Built

Built in 1993

Lot Details

0

HOA Fees

$135 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: ROYAL PALM TO BAYSIDE LANE. ONCE THRU GATE, MAKE FIRST RIGHT AT WATERVIEW LANE AND THEN RIGHT ON HERON RD. FOLLOW TO CUL DE SAC.
  • Year Built: 1993
  • Architectural Style: Detached, One Story
  • Carport Y N: No
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Built-in Features, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Garden Tub/Roman Tub, Other, Pantry, Split Bedrooms, Separate Shower, Bar, Walk-In Closet(s)
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Tile, Wood
  • Living Area: 3050.0
  • Dining Room Type: Den, Family Room, Laundry, Utility Room
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Fence, Lighting, Patio, Storm/Security Shutters
  • View: Lake, Pool
  • Road Frontage Type: Waterfront
  • Lot Features: 1/4 to 1/2 Acre Lot, Sprinklers Automatic
  • Pool Features: In Ground, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Lake Front, Other
  • Waterfront: Yes
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Direction Faces: South
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 135.0
  • Community Features: Gated, Maintained Community, Tennis Court(s)
  • Senior Community: No
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Area Maintenance, Recreation Facilities, Security

Schools

  • Elementary School: Indian Trace
  • High School: Cypress Bay
  • Middle Or Junior School: Tequesta Trace

Lot Info

  • Parcel #: 503912010940

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 7270.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2014
Closed on
Jul 3, 2014
Sold by
Solomon Eric and Solomon Meri
Bought by
Malvin Shaun H and Malvin Tamara S
Seller's Agent
Eric Solomon
Solomon Homes
List Price
$650,000
Sold Price
$620,000
Premium/Discount to List
-$30,000
-4.62%
Current Estimated Value
$1,232,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$612,089
Avg. Annual Appreciation
6.16%
Original Mortgage
$527,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2003
Sold by
Dunbar Dearl D and Dunbar Carolina
Bought by
Solomon Eric and Solomon Meri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
5.13%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 26, 1993
Sold by
Matthews Daniel B and Matthews Christina S
Bought by
Dunbar Dearl D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,150
Interest Rate
7.25%
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
Malvin Shaun H $620,000 Attorney
Solomon Eric $369,900 --
Dunbar Dearl D $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malvin Shaun H $475,771
Closed Malvin Shaun H $527,000
Previous Owner Solomon Eric $350,000
Previous Owner Solomon Eric $33,000
Previous Owner Solomon Eric $295,000
Previous Owner Dunbar Dearl D $203,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2014 07/03/14 Sold $620,000 -4.6% $203 / Sq Ft
06/03/2014 06/03/14 Pending -- -- --
05/09/2014 05/09/14 For Sale $650,000 -- $213 / 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 $13,032 $661,720 -- --
2024 $12,708 $643,080 -- --
2023 $12,708 $624,350 $0 $0
2022 $11,990 $606,170 $0 $0
2021 $11,655 $588,520 $0 $0
2020 $11,352 $580,400 $0 $0
2019 $11,058 $567,360 $126,890 $440,470
2018 $11,112 $585,730 $0 $0
2017 $10,551 $573,690 $0 $0
2016 $10,557 $561,900 $0 $0
2015 $10,754 $558,000 $0 $0
2014 $7,439 $365,510 $0 $0
2013 -- $434,730 $126,890 $307,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F1289637

BeachesMLS (Greater Fort Lauderdale)

APN: 50-39-12-01-0940