Seller's Agent in 2022
Tim Elmes
Compass Florida, LLC
(954) 522-2803
3 in this area
128 Total Sales
Estimated Value: $2,156,214 - $2,765,000
2
Beds
2
Baths
2,056
Sq Ft
$1,189/Sq Ft
Est. Value
Highlights
- 100 Feet of Waterfront
- Boat Ramp
- Private Pool
- Bayview Elementary School Rated A
- Property has ocean access
- Pool View
About This Home
As of January 2022Amazing opportunity to build your dream home in the highly desirable Coral Ridge neighborhood! Current one-story waterfront home is quaint with an open floor plan, 2 beds and 2 baths. Nice outdoor entertaining area with a beautiful pool which connects to a large spa, lush custom landscaping, and Southern exposure. Mega yacht dockage w/ 100' of water frontage & concrete dock on a wide canal. No fixed bridges & unrestricted ocean access. Located in the Bayview School district & walking distance to Oakland Park shops, restaurants & the beach! Also being offered as a package deal with 2824 NE 29 St for a total of 200' of WF and 20,008 SF lot for $4,995,000.00.
Last Agent to Sell the Property
Compass Florida, LLC License #486943 Listed on: 10/12/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $26,182
Year Built
- Built in 1957
Lot Details
- 10,004 Sq Ft Lot
- 100 Feet of Waterfront
- Home fronts a canal
- North Facing Home
- Paved or Partially Paved Lot
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Circular Driveway
Home Design
- Entry on the 1st floor
- Flat Roof Shape
- Tile Roof
Interior Spaces
- 2,056 Sq Ft Home
- 1-Story Property
- Fireplace
- Pool Views
- Gas Range
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Private Pool
- Property has ocean access
- No Fixed Bridges
- Canal Access
- Balcony
- Porch
Utilities
- Central Heating and Cooling System
- Water Purifier
Listing and Financial Details
- Assessor Parcel Number 494225041500
Community Details
Overview
- No Home Owners Association
- Coral Ridge Galt Add 1 Subdivision
Recreation
- Boat Ramp
- Boating
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 12, 2021
Closed on
Jan 5, 2022
Sold by
Eliman Holdings Limited Partnership
Bought by
Wassmer William Ernest and Wassmer William Ernest
Seller's Agent
Tim Elmes
Compass Florida, LLC
Buyer's Agent
James Cunningham
One Sotheby's Int'l Realty
List Price
$2,495,000
Sold Price
$1,925,500
Premium/Discount to List
-$569,500
-22.83%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$518,804
Avg. Annual Appreciation
5.98%
Original Mortgage
$1,325,500
Outstanding Balance
$1,211,569
Interest Rate
3.11%
Estimated Equity
$1,232,735
Purchase Details
Closed on
Nov 30, 2005
Sold by
Szyluk Erik and Szyluk Ashley
Bought by
Ellman Holdings Lp
Purchase Details
Closed on
Aug 4, 2005
Sold by
Earle Gordon M
Bought by
Szyluk Erik
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$845,000
Interest Rate
5.48%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 18, 2005
Sold by
Earle Gordon M and Earle Cassandra
Bought by
Earle Gordon M
Purchase Details
Closed on
May 10, 2002
Sold by
Cordell Steve D and Cordell Margaret S
Bought by
Earle Gordon
Purchase Details
Closed on
Dec 13, 1997
Sold by
Melinda B And James C Gallo Tr
Bought by
Cordell Steven D and Cordell Margaret S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.19%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 28, 1997
Sold by
Donald E Dalbenas Tr
Bought by
Gallo Melinda B
Purchase Details
Closed on
Jan 10, 1995
Sold by
Clark Arlene R
Bought by
Clark Arlene R and Clark David W
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wassmer William Ernest | -- | Attorney | |
| Wasmer William Ernest | $1,925,500 | Attorney | |
| Ellman Holdings Lp | $1,360,000 | Attorney | |
| Szyluk Erik | $1,300,000 | Champagne Title Services Inc | |
| Earle Gordon M | -- | -- | |
| Earle Gordon | $650,000 | -- | |
| Cordell Steven D | $320,000 | -- | |
| Gallo Melinda B | $300,000 | -- | |
| Gallo Melinda B | $100 | -- | |
| Gallo Melinda B | $100 | -- | |
| Clark Arlene R | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wasmer William Ernest | $1,325,500 | |
| Closed | Wassmer William Ernest | $1,325,500 | |
| Previous Owner | Szyluk Erik | $845,000 | |
| Previous Owner | Gallo Melinda B | $242,000 | |
| Previous Owner | Gallo Melinda B | $175,000 | |
| Previous Owner | Gallo Melinda B | $240,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/06/2022 01/06/22 | Sold | $1,925,500 | -22.8% | $937 / Sq Ft |
| 12/07/2021 12/07/21 | Pending | -- | -- | -- |
| 10/12/2021 10/12/21 | For Sale | $2,495,000 | -- | $1,214 / 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 |
|---|---|---|---|---|
| 2026 | $34,049 | $1,849,130 | $650,260 | $1,198,870 |
| 2025 | $30,644 | $1,617,250 | $650,260 | $966,990 |
| 2024 | $32,565 | $1,617,250 | $650,260 | $966,990 |
| 2023 | $32,565 | $1,697,520 | $650,260 | $1,047,260 |
| 2022 | $30,820 | $1,624,670 | $0 | $0 |
| 2021 | $27,964 | $1,476,980 | $650,260 | $826,720 |
| 2020 | $26,183 | $1,388,270 | $650,260 | $738,010 |
| 2019 | $25,777 | $1,370,260 | $650,260 | $720,000 |
| 2018 | $24,765 | $1,400,430 | $650,260 | $750,170 |
| 2017 | $23,576 | $1,202,330 | $0 | $0 |
| 2016 | $22,472 | $1,093,030 | $0 | $0 |
| 2015 | $20,010 | $993,670 | $0 | $0 |
| 2014 | $19,248 | $903,340 | $0 | $0 |
| 2013 | -- | $995,560 | $550,220 | $445,340 |
Source: Public Records
Agents Affiliated with this Home
-
Tim Elmes
-
James Cunningham
J
Buyer's Agent in 2022
James Cunningham
One Sotheby's Int'l Realty
(954) 646-9955
15 in this area
105 Total Sales
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: F10304257
APN: 49-42-25-04-1500
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