NOT LISTED FOR SALE

Estimated Value: $337,000 - $379,000

2 Beds
2 Baths
1,210 Sq Ft
$416/mo HOA Fee

Last Sold October 18, 2017

Last sale price $257,000 $212 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,731/month

152 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Clubhouse
  • McNab Elementary School Rated A-
  • Waterfront
  • Sauna

About This Home

As of October 2017

RARELY AVAILABLE PENTHOUSE CONDO with fabulous views any time of the day or night from the balcony and every room of this 2BR/2BA Penthouse Apt. Floor to ceiling windows along northern exposure provide panoramic views W-N-E of the Intercoastal, city, ocean, Lake Santa Barbara and many canals. Tile throughout the living areas and balcony with carpeting in each BR. Open kitchen, with stainless steel appliances, updated MBA Bath & 2nd Bath. This is one of the best managed buildings in the area with manager on-site.Great amenities-heated pool, clubhouse,exercise/sauna/steam rooms, BBQ/picnic area,dining by the canal,schools,and dockage can be yours. Close to the beach, shopping, entertainment, Ft. Laud + Boca. Great parking space ,close to building.

Last Agent to Sell the Property

Regina Fletcher

Portfolio Properties License #3316067 Listed on: 04/18/2017

Last Buyer's Agent

Wendy Newman-Scheppke

Solomon Homes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,551

Year Built

  • Built in 1972

Lot Details

  • South Facing Home

HOA Fees

  • $416 Monthly HOA Fees

Property Views

Home Design

  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,210 Sq Ft Home
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Combination Dining and Living Room
  • Closed Circuit Camera

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • Guest Parking
  • Deeded Parking

Outdoor Features

  • Property has ocean access
  • Fixed Bridges
  • Open Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 494306bg2310

Community Details

Overview

  • Association fees include common areas, insurance, laundry, legal/accounting, maintenance structure, parking, pool(s), reserve fund, roof, trash, water
  • Waterford Point Condo Subdivision
  • 12-Story Property

Amenities

  • Sauna
  • Elevator

Recreation

  • Park

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,551

Year Built

Built in 1972

Lot Details

0

HOA Fees

$416 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Federal Highway NORTH of McNab, SOUTH of Atlantic on West side of Highway
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Living/Dining Room, Walk-In Closet(s)
  • Furnished: Negotiable
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1210.0
  • Dining Room Type: Storage Room
  • Stories: 12

Exterior Features

  • Exterior Features: Balcony
  • View: Canal, Intercoastal, Ocean, Water
  • Pool Features: None, Community
  • View: Yes
  • Waterfront Features: Fixed Bridge, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block, Pre-Cast Concrete
  • Direction Faces: South
  • Patio And Porch Features: Balcony, Open

Garage/Parking

  • Garage Yn: No
  • Parking Features: Deeded, Guest

Utilities

  • Security: Closed Circuit Camera(s), Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 416.0
  • Community Features: Clubhouse, Fitness, Park, Property Manager On-Site, Pool, Sauna, Street Lights
  • Senior Community: No
  • Amenities: Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Laundry, Legal/Accounting, Maintenance Structure, Parking, Pool(s), Reserve Fund, Roof, Trash, Water

Lot Info

  • Parcel #: 494306bg2310
  • Zoning Description: RESI

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 2551.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2017
Closed on
Oct 18, 2017
Sold by
Donini Richard V
Bought by
Leo Michael
Seller's Agent
Regina Fletcher
Portfolio Properties
Buyer's Agent
Wendy Newman-Scheppke
Solomon Homes
List Price
$269,000
Sold Price
$257,000
Premium/Discount to List
-$12,000
-4.46%
Total Days on Market
152
Current Estimated Value
$354,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,720
Avg. Annual Appreciation
4.55%
Original Mortgage
$57,000
Outstanding Balance
$48,416
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$312,370

Purchase Details

Closed on
Jun 10, 2013
Sold by
Kidd Mark
Bought by
Donini Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2011
Sold by
Joannidis Chris and Joannidis Rosemary
Bought by
Kidd Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2003
Sold by
Joannidis Chris and Joannidis Rosemary
Bought by
Joannidis Chris and Joannidis Rosemary

Purchase Details

Closed on
Apr 29, 2002
Sold by
Schonwald Brian A
Bought by
Joannidis Chris and Joannidis Rosemary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.92%

Purchase Details

Closed on
Mar 5, 1998
Sold by
Mercer Patricia J and Mercer William H
Bought by
Schonwald Brian A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,450
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 1991
Sold by
Available Not
Bought by
Available Not
Source: Public Records

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Range of Values:

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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
Leo Michael $257,000 Firm Title Corp
Donini Richard $170,000 Nexstar Title & Escrow Llc
Kidd Mark $147,000 Sunbelt Title Agency
Joannidis Chris -- --
Joannidis Chris $160,000 Sunbelt Title Agency
Schonwald Brian A $93,500 --
Available Not $34,286 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leo Michael $57,000
Previous Owner Donini Richard $119,000
Previous Owner Kidd Mark $100,000
Previous Owner Joannidis Chris $105,000
Previous Owner Schonwald Brian A $65,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2017 10/18/17 Sold $257,000 -4.5% $212 / Sq Ft
09/18/2017 09/18/17 Pending -- -- --
04/18/2017 04/18/17 For Sale $269,000 0.0% $222 / Sq Ft
03/23/2013 03/23/13 Rented $1,300 -3.7% --
02/21/2013 02/21/13 Under Contract -- -- --
01/20/2013 01/20/13 For Rent $1,350 -- --
Source: BeachesMLS

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 $3,885 $251,580 -- --
2024 $3,801 $244,490 -- --
2023 $3,801 $237,370 $0 $0
2022 $3,517 $230,460 $0 $0
2021 $3,368 $223,750 $0 $0
2020 $3,261 $220,670 $22,070 $198,600
2019 $3,308 $221,420 $0 $0
2018 $3,154 $217,300 $21,730 $195,570
2017 $2,602 $164,560 $0 $0
2016 $2,551 $161,180 $0 $0
2015 $2,615 $160,060 $0 $0
2014 $3,326 $152,030 $0 $0
2013 -- $131,340 $13,130 $118,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10326609

BeachesMLS

APN: 49-43-06-BG-2310