NOT LISTED FOR SALE

2215 Cypress Island Dr Unit 608 Pompano Beach, FL 33069

Palm Aire Neighborhood

Estimated Value: $164,000 - $282,000

2 Beds
2 Baths
1,330 Sq Ft
$678/mo HOA Fee

Last Sold December 27, 2024

Last sale price $162,450 $122 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,380/month

204 Days on Market

Highlights

  • Lake Front
  • Clubhouse
  • Tennis Courts
  • Heated Pool
  • Screened Porch
  • Elevator

About This Home

As of December 2024

Spacious 2 bedroom, 2 baths condo with a lake view. Unit has a large living/dining area, large bedroom and a screen balcony. Property has lots of potential and is overall fair condition. Complex has lots of amenities to keep
your potential buyer busy. Assoc. requires 10% down and a 670 credit score. One pet allowed under 20 lbs, no LLCs and no renting 1st year of ownership allowed.. Sold AS IS. BUYER SOLELY RESPONSIBLE TO VERIFY OF ANY HOA, VIOLATIONS ETC.

Last Listed By

Steven Modica

Real Estate Home Sales Inc License #431169 Listed on: 04/29/2024

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1988

Lot Details

  • Lake Front
  • Fenced

HOA Fees

  • $678 Monthly HOA Fees

Interior Spaces

  • 1,330 Sq Ft Home
  • Entrance Foyer
  • Screened Porch
  • Lake Views
  • Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Heated Pool
  • Balcony
  • Exterior Lighting

Schools

  • Cypress Elementary School
  • Pompano Beach Middle School
  • Blanche Ely High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 494203BD0480

Community Details

Overview

  • Association fees include management, amenities, common areas, ground maintenance, maintenance structure, parking, sewer, trash, water
  • Cypress Bend Subdivision
  • 9-Story Property

Amenities

  • Picnic Area
  • Clubhouse
  • Elevator

Recreation

  • Tennis Courts
  • Community Pool
  • Trails

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1988

Lot Details

0

HOA Fees

$678 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Atlanic Blvd to Powerlind Rd, go South to Cypress Bend Rd, turn left, turn right at the end of the street and follow curves to Cypress Island Rd on your left. Use Google maps for most direct route from your starting point.
  • Year Built: 1988
  • Carport Y N: No
  • Entry Level: 6
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: 5120

Interior Features

  • Interior Amenities: Bedroom on Main Level, Entrance Foyer
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1330.0
  • Stories: 9

Exterior Features

  • Exterior Features: Balcony
  • View: Lake
  • Fencing: Wall
  • Pool Features: Heated
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Screened
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Green Building Features: Exterior Lighting
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 2034.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Clubhouse, Elevator(s), Barbecue, Picnic Area, Pool, Tennis Court(s), Trail(s)
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Pets Allowed: Number Limit, Yes

Fee Information

  • Association Fee Includes: Association Management, Amenities, Common Areas, Maintenance Grounds, Maintenance Structure, Parking, Sewer, Trash, Water

Schools

  • Elementary School: Cypress
  • High School: Blanche Ely
  • Middle Or Junior School: Pompano Beach

Lot Info

  • Parcel #: 494203BD0480

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5565.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2024
Closed on
Dec 10, 2024
Sold by
Mortgage Equity Conversion Asset Trust and Us Bank Na
Bought by
Semertzidis Jose Panagiote
Seller's Agent
Steven Modica
Real Estate Home Sales Inc
List Price
$168,750
Sold Price
$162,450
Premium/Discount to List
-$6,300
-3.73%
Total Days on Market
204
Views
105
Current Estimated Value
$219,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,244
Avg. Annual Appreciation
149.61%
Original Mortgage
$105,592
Outstanding Balance
$97,328
Interest Rate
6.78%
Mortgage Type
Credit Line Revolving
Estimated Equity
$122,366

Purchase Details

Closed on
Feb 13, 2024
Sold by
Mortgage Assets Mgmt Llc
Bought by
Mtg Eqity Conversion Asset Tr and Mtg-Backed Securities 2011-1

Purchase Details

Closed on
Jan 2, 2024
Sold by
Hill Julianne
Bought by
Mortgage Assets Mgmt Llc

Purchase Details

Closed on
Dec 26, 2001
Sold by
Davies Jane
Bought by
Davies Jane

Purchase Details

Closed on
Apr 9, 2001
Sold by
Jasinski Anthony J
Bought by
Davies Jane and Davies Richard

Purchase Details

Closed on
Sep 1, 1988
Sold by
Available Not
Bought by
Available Not

Range of Values:

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Average Value
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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
Semertzidis Jose Panagiote $162,450 Mainstay Title
Semertzidis Jose Panagiote $162,450 Mainstay Title
Mtg Eqity Conversion Asset Tr -- None Listed On Document
Mortgage Assets Mgmt Llc $119,000 --
Davies Jane -- --
Davies Jane $40,000 --
Available Not $57,357 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Semertzidis Jose Panagiote $105,592
Closed Semertzidis Jose Panagiote $105,592
Previous Owner Davies Dan $35,000
Previous Owner Davies Jane $375,000
Previous Owner Davies Jane $32,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2024 12/27/24 Sold $162,450 0.0% $122 / Sq Ft
11/20/2024 11/20/24 Pending -- -- --
11/04/2024 11/04/24 Price Changed $162,450 -3.7% $122 / Sq Ft
10/31/2024 10/31/24 For Sale $168,750 0.0% $127 / Sq Ft
09/30/2024 09/30/24 Pending -- -- --
09/16/2024 09/16/24 Price Changed $168,750 -15.6% $127 / Sq Ft
08/12/2024 08/12/24 Price Changed $199,900 -6.5% $150 / Sq Ft
05/29/2024 05/29/24 Price Changed $213,750 -5.0% $161 / Sq Ft
04/29/2024 04/29/24 For Sale $225,000 -- $169 / 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 $5,710 $263,270 $26,330 $236,940
2024 $5,565 $263,270 $26,330 $236,940
2023 $5,565 $252,070 $25,210 $226,860
2022 $1,978 $127,220 $0 $0
2021 $1,885 $123,520 $0 $0
2020 $1,236 $121,820 $0 $0
2019 $1,788 $119,090 $0 $0
2018 $1,715 $116,870 $0 $0
2017 $1,603 $114,470 $0 $0
2016 $1,557 $112,120 $0 $0
2015 -- $111,350 $0 $0
2014 $1,576 $110,470 $0 $0
2013 -- $120,720 $12,070 $108,650
Source: Public Records

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10437027

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-03-BD-0480