NOT LISTED FOR SALE

Estimated Value: $360,000 - $629,000

1 Bed
1.5 Baths
966 Sq Ft
1971 Built

Last Sold May 17, 2021

Last sale price $305,000 $316 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,042/month

78 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Clubhouse
  • Sauna
  • Gated Community
  • Marble Flooring
  • Community Pool

About This Home

As of May 2021

Gorgeous views with a taste of Europe on the Palm Beach Intracoastal in this One Bedroom plus Den/Office! An elegantly and artistically appointed, updated condo with intracoastal and downtown views complete with doorman security and a private association pool. Cook like a pro with state of the art stainless steal appliances while guests enjoy the waterfront view and the large built-in flat screen TV. Clean and bright with extra large marble tile throughout. Convenient to beaches, dining, and shopping; just steps away from the Palm Beach Island. Community amenities: Doorman, Community Room; Elevator; Extra Storage; Game Room; Library; Lobby; Pool; Sauna (Monthly assessment amount above includes approx. $300 in special assessments, one ending 1.5 yrs and one in 3 yrs. Ask Assoc. for details)

Last Agent to Sell the Property

Diana Reese

United Realty Group Inc License #3405006 Listed on: 12/15/2020

Last Buyer's Agent

Diana Reese

United Realty Group Inc License #3405006 Listed on: 12/15/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,531

Year Built

  • Built in 1971

Lot Details

  • Northeast Facing Home

Interior Spaces

  • 966 Sq Ft Home
  • Built-In Features
  • Combination Kitchen and Dining Room
  • Marble Flooring
  • Home Security System

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Balcony

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 74434334180006090

Community Details

Overview

  • 140 Units
  • Portofino South Condo Estates Of South Palm Bea Subdivision
  • 12-Story Property

Amenities

  • Clubhouse
  • Community Library
  • Elevator
  • Community Storage Space

Recreation

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,531

Year Built

Built in 1971

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: From Interstate 95, exit Southern Blvd heading East for 1.4 miles. Turn north onto Washington Road. Building is on your right, guest parking on the left.
  • Year Built: 1971
  • Architectural Style: Art Deco, European
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Closet Cabinetry, Dual Sinks, Kitchen/Dining Combo, Separate Shower, Walk-In Closet(s)
  • Main Level Bedrooms: 1
  • Furnished: Unfurnished
  • Appliances: Cooktop, Dishwasher, Electric Range, Electric Water Heater, Free-Standing Freezer, Disposal, Microwave, Oven, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Entry Level Living Area Y
  • Flooring: Marble
  • Living Area: 966.0
  • Stories: 12

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • View: Intercoastal
  • Pool Features: Association
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Disclosures: Special Assessment
  • Construction Type: Concrete
  • Direction Faces: Northeast
  • Patio And Porch Features: Balcony
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Security: Security System, Gated Community, Lobby Secured
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Individual
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 927.0
  • Phone: 561-832-7139
  • Pets Allowed: Yes
  • Community Features: Gated, Property Manager On-Site
  • Senior Community: No
  • Amenities: Clubhouse, Elevator(s), Library, Pool, Recreation Facilities, Sauna, Storage, Trash
  • Pets Allowed: Pet Restrictions, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 74434334180006090
  • Mobile Dim Units: Feet
  • Zoning: 0400 - CONDOMIN

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2530.71

Multi Family

  • Number Of Units In Community: 140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2020
Closed on
May 17, 2021
Sold by
Formanek Miroslav
Bought by
Momsen Michael J and Momsen Colette J
Seller's Agent
Diana Reese
United Realty Group Inc
Buyer's Agent
Diana Reese
United Realty Group Inc
List Price
$389,000
Sold Price
$305,000
Premium/Discount to List
-$84,000
-21.59%
Current Estimated Value
$470,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,649
Avg. Annual Appreciation
9.38%
Original Mortgage
$195,000
Outstanding Balance
$175,208
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$295,441

Purchase Details

Listed on
Jun 19, 2018
Closed on
Jul 24, 2018
Sold by
Cohn Eileen
Bought by
Formanek Miroslav
Seller's Agent
Luke Marler
RE/MAX Direct
Buyer's Agent
Diana Reese
United Realty Group Inc
List Price
$155,000
Sold Price
$140,000
Premium/Discount to List
-$15,000
-9.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.80%

Purchase Details

Closed on
May 21, 1999
Sold by
Thomas H Sprague Tr
Bought by
Cohn Eileen
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
Momsen Michael J $305,000 Attorney
Formanek Miroslav $140,000 Advantage Title Company
Cohn Eileen $32,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Momsen Michael J $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/17/2021 05/17/21 Sold $305,000 +9284.6% $316 / Sq Ft
04/17/2021 04/17/21 Pending -- -- --
02/01/2021 02/01/21 Rented $3,250 -14.5% --
01/02/2021 01/02/21 Under Contract -- -- --
12/16/2020 12/16/20 For Rent $3,800 0.0% --
12/14/2020 12/14/20 For Sale $389,000 +177.9% $403 / Sq Ft
07/24/2018 07/24/18 Sold $140,000 -9.7% $145 / Sq Ft View Prior Sale
06/24/2018 06/24/18 Pending -- -- --
06/19/2018 06/19/18 For Sale $155,000 -- $160 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $7,114 $225,000 -- --
2024 $7,114 $330,000 -- --
2023 $6,384 $300,000 $0 $300,000
2022 $5,952 $272,850 $0 $0
2021 $2,552 $150,412 $0 $0
2020 $2,531 $148,335 $0 $0
2019 $2,484 $145,000 $0 $145,000
2018 $2,811 $135,000 $0 $135,000
2017 $2,664 $135,000 $0 $0
2016 $2,431 $97,437 $0 $0
2015 $2,437 $88,579 $0 $0
2014 $2,451 $80,526 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10678336

BeachesMLS (Greater Fort Lauderdale)

APN: 74-43-43-34-18-000-6090

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