NOT LISTED FOR SALE

Estimated Value: $296,000 - $375,000

2 Beds
2 Baths
1,179 Sq Ft
$287/Sq Ft Est. Value

Last Sold April 14, 2014

Last sale price $135,000 $115 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $2,372/month

182 Days on Market

Highlights

  • Lake Front
  • Clubhouse
  • Screened Porch
  • Fitness Center
  • Vaulted Ceiling
  • Community Pool

About This Home

As of April 2014

Charming 2 bedroom and 2 bath villa with serene lake and canal views. Enjoy the full amenity lifestyle that the gated community of Independence Bay offers. The unit is freshly painted, has vaulted ceilings, neutral tile in the living area & carpet in th e bedrooms. Spacious living area and bedrooms with lots of storage. Private Screened patio looks over the expansive lake views. This is a Fannie Mae HomePath property & can be purchased for as little as 5% down.

Last Agent to Sell the Property

Christine Balistreri

Balistreri Real Estate Inc License #3028682 Listed on: 09/13/2013

Balistreri Real Estate Inc

Co-Listed By

Nancy Rowden

Balistreri Real Estate Inc License #0492834

Last Buyer's Agent

Debi Kroll

Kroll Realty Company, Inc License #0612332

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,188

Year Built

  • Built in 1987

Lot Details

  • Lake Front
  • Home fronts a canal
  • West Facing Home

HOA Fees

  • $285 Monthly HOA Fees

Parking

  • Guest Parking

Property Views

  • Lake
  • Canal

Home Design

  • Villa
  • Property Attached

Interior Spaces

  • 1,179 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Combination Dining and Living Room
  • Screened Porch

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • 2 Full Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 484209090940

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, maintenance structure, parking, recreation facilities, reserve fund, security
  • Independence Bay Subdivision

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Security Guard

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,188

Year Built

Built in 1987

Lot Details

0

HOA Fees

$285 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Villa
  • Property Sub Type Additional: Villa
  • Directions: FRON I-95 EXIT ON SW 10TH ST HEADING WEST. JUST WEST OF POWERLINE, THE ENTRANCE TO INDEPENDENCE BAY IS ON THE LEFT. CHECK IN WITH GATE AND THEY WILL GIVE YOU DIRECTIONS TO UNIT
  • Year Built: 1987
  • Carport Y N: No
  • Entry Level: 1
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: RealEstateOwned

Interior Features

  • Interior Amenities: Breakfast Bar, Bedroom on Main Level, Closet Cabinetry, Entrance Foyer, Eat-in Kitchen, First Floor Entry, Living/Dining Room, Main Living Area Entry Level, Vaulted Ceiling(s)
  • Furnished: Unfurnished
  • Appliances: Other
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1179.0
  • Stories: 1
  • Window Features: Other

Exterior Features

  • Exterior Features: Enclosed Porch
  • View: Canal, Lake
  • Pool Features: Association
  • View: Yes
  • Waterfront Features: Canal Front, Lake Front, Other
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: West
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Guest, One Space

Utilities

  • Security: Security Guard
  • Green Building Features: Exterior Lighting
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 285.0
  • Senior Community: No
  • Amenities: Basketball Court, Clubhouse, Fitness Center, Barbecue, Other, Picnic Area, Pool, Tennis Court(s), Trash
  • Association #2 Fee: 285.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional, Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Recreation Facilities, Reserve Fund, Security

Lot Info

  • Parcel #: 484209090940

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 1188.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2013
Closed on
Apr 14, 2014
Sold by
Fannie Mae
Bought by
Espinosa Rafael E
Seller's Agent
Christine Balistreri
Balistreri Real Estate Inc
Buyer's Agent
Debi Kroll
Kroll Realty Company, Inc
List Price
$159,900
Sold Price
$135,000
Premium/Discount to List
-$24,900
-15.57%
Current Estimated Value
$338,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,856
Avg. Annual Appreciation
8.48%
Original Mortgage
$132,554
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 30, 2013
Sold by
Ferretti Kristen M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 23, 2004
Sold by
Haertel Carol
Bought by
Ferretti Kristen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
5.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 1987
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Espinosa Rafael E $135,000 Title & Abstract Agency Of A
Federal National Mortgage Association $90,000 None Available
Ferretti Kristen M $185,000 Titleco Inc
Available Not $58,929 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Espinosa Rafael E $147,000
Closed Espinosa Rafael E $132,554
Previous Owner Ferretti Kristen M $200,250
Previous Owner Ferretti Kristen M $180,000
Previous Owner Ferretti Kristen M $166,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2014 04/14/14 Sold $135,000 -15.6% $115 / Sq Ft
03/15/2014 03/15/14 Pending -- -- --
09/13/2013 09/13/13 For Sale $159,900 -- $136 / 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 $2,880 $170,250 -- --
2024 $2,782 $165,460 -- --
2023 $2,782 $160,650 $0 $0
2022 $2,624 $155,980 $0 $0
2021 $2,487 $151,440 $0 $0
2020 $2,443 $149,350 $0 $0
2019 $2,393 $146,000 $0 $0
2018 $2,256 $143,280 $0 $0
2017 $3,110 $140,340 $0 $0
2016 $3,041 $133,970 $0 $0
2015 $2,918 $124,070 $0 $0
2014 $2,766 $114,870 $0 $0
2013 -- $92,240 $25,790 $66,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F1255400

BeachesMLS (Greater Fort Lauderdale)

APN: 48-42-09-09-0940