NOT LISTED FOR SALE

802 Cypress Grove Ln Unit 505 Pompano Beach, FL 33069

Palm Aire Neighborhood

Estimated Value: $180,000 - $278,000

2 Beds
2 Baths
1,260 Sq Ft
$600/mo HOA Fee

Last Sold February 28, 2024

Last sale price $255,000 $202 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,069/month

124 Days on Market

Highlights

  • Golf Course Community
  • Lake View
  • Screened Porch
  • Heated Pool
  • Sauna
  • Tennis Courts

About This Home

As of February 2024

Palm Aire Spectacular!! Bright and sunny views from this, east exposure upgraded 2 bed 2 bath B-6 Model with 1390 sq ft of living space including balcony. The condo offers remodeled open kitchen and baths, impact windows and slider, Plantation shutters and custom window treatments. Painted in light neutral tones, knock down ceilings, with light beige tiles throughout. This unit is the first corner off of the elevator on the top floor for privacy. Extra storage, front parking space and steps to the heated pool and BBQ make this a winner! The building has a new roof and has completed it's 40 year inspection. Cypress Grove in Palm Aire Country Club is known for its meticulous lush landscaping and pet friendly community. Hurry! This opportunity will not last!

Last Agent to Sell the Property

Gregory D'Ambra

LoKation License #424020 Listed on: 10/26/2023

LoKation

Last Buyer's Agent

Dalton Lauer

One Sotheby's Int'l Realty License #3532139

One Sotheby's Int'l Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,294

Year Built

  • Built in 1980

Lot Details

  • East Facing Home

HOA Fees

  • $600 Monthly HOA Fees

Property Views

  • Lake
  • Golf Course

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 1,260 Sq Ft Home
  • Plantation Shutters
  • Combination Dining and Living Room
  • Screened Porch
  • Tile Flooring
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Heated Pool
  • Balcony

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 494205GC0450

Community Details

Overview

  • Association fees include cable TV, insurance, ground maintenance, maintenance structure, parking, pest control, reserve fund, roof, sewer, security, trash, water
  • Palm Aire Country Club Subdivision, B 6 Floorplan
  • 5-Story Property

Amenities

  • Picnic Area
  • Sauna
  • Elevator
  • Community Storage Space

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Shuffleboard Court
  • Community Pool
  • Trails

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Security Guard
  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,294

Year Built

Built in 1980

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: GPS
  • Year Built: 1980
  • Carport Y N: No
  • Entry Level: 5
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bedroom on Main Level, Living/Dining Room, Main Living Area Entry Level, Split Bedrooms, Walk-In Closet(s)
  • Main Level Bedrooms: 2
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1260.0
  • Dining Room Type: Storage Room
  • Stories: 5
  • Window Features: Impact Glass, Plantation Shutters

Exterior Features

  • Exterior Features: Balcony
  • View: Golf Course, Lake
  • Pool Features: Heated
  • View: Yes
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Balcony, Screened
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Lobby Secured, Security Guard, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 600.0
  • Community Features: Non-Gated, Golf Course Community
  • Senior Community: No
  • Amenities: Basketball Court, Golf Course, Barbecue, Picnic Area, Pool, Shuffleboard Court, Sauna, Storage, Tennis Court(s), Trail(s), Elevator(s)
  • Association #2 Fee: 600.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Size Limit, Yes

Fee Information

  • Association Fee Includes: Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Reserve Fund, Roof, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 494205GC0450

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2294.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2023
Closed on
Feb 16, 2024
Sold by
Durand Fernando J and Durand Heather
Bought by
Cutright Scott
Seller's Agent
Gregory D'Ambra
LoKation
Buyer's Agent
Dalton Lauer
One Sotheby's Int'l Realty
List Price
$310,000
Sold Price
$255,000
Premium/Discount to List
-$55,000
-17.74%
Views
132
Current Estimated Value
$238,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,086
Avg. Annual Appreciation
-3.54%
Original Mortgage
$178,500
Outstanding Balance
$175,392
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$63,522

Purchase Details

Listed on
Jun 15, 2017
Closed on
Jul 3, 2018
Sold by
Champagne Wanda A
Bought by
Durand Fernando J and Durand Heather M
Seller's Agent
Sandra Cuozzo
CENTURY 21 Tenace Realty
Buyer's Agent
Gregory D'Ambra
PALM-AIRE Realty Group Inc.
List Price
$195,000
Sold Price
$173,000
Premium/Discount to List
-$22,000
-11.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.15%
Original Mortgage
$129,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2005
Sold by
Boss Hyman
Bought by
Champagne Wanda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.23%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 19, 2002
Sold by
Boss Anna
Bought by
Boss Hyman

Purchase Details

Closed on
Jan 22, 2002
Sold by
Boss Hyman and Boss Anna
Bought by
Boss Anna and Boss Hyman

Purchase Details

Closed on
Mar 1, 1992
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cutright Scott $255,000 Coastal Title
Durand Fernando J $173,000 Blade Title Company
Champagne Wanda A $245,000 Intercoastal Title Llc
Boss Hyman -- --
Boss Anna -- --
Available Not $8,571 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cutright Scott $178,500
Previous Owner Durand Fernando J $129,750
Previous Owner Champagne Wanda A $25,000
Previous Owner Champagne Wanda A $195,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2024 02/28/24 Sold $255,000 -5.5% $202 / Sq Ft
12/21/2023 12/21/23 Price Changed $269,900 -9.7% $214 / Sq Ft
11/07/2023 11/07/23 Price Changed $299,000 -3.5% $237 / Sq Ft
10/26/2023 10/26/23 For Sale $310,000 +79.2% $246 / Sq Ft
07/17/2018 07/17/18 Sold $173,000 -11.3% $142 / Sq Ft View Prior Sale
06/17/2018 06/17/18 Pending -- -- --
06/15/2017 06/15/17 For Sale $195,000 0.0% $160 / Sq Ft
02/28/2017 02/28/17 Rented $1,500 0.0% --
01/29/2017 01/29/17 Under Contract -- -- --
01/14/2017 01/14/17 For Rent $1,500 +17.6% --
12/01/2012 12/01/12 Rented $1,275 -22.7% --
11/01/2012 11/01/12 Under Contract -- -- --
07/27/2012 07/27/12 For Rent $1,650 -- --
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 $2,552 $242,010 $24,200 $217,810
2024 $2,498 $242,010 $24,200 $217,810
2023 $2,498 $145,970 $0 $0
2022 $2,294 $141,720 $0 $0
2021 $2,194 $137,600 $0 $0
2020 $2,126 $135,710 $0 $0
2019 $3,647 $167,160 $16,720 $150,440
2018 $2,820 $131,330 $13,130 $118,200
2017 $2,658 $116,580 $0 $0
2016 $2,278 $105,990 $0 $0
2015 $2,608 $117,640 $0 $0
2014 $2,425 $106,950 $0 $0
2013 -- $97,230 $9,720 $87,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10406126

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-05-GC-0450