NOT LISTED FOR SALE

550 Oaks Ln Unit 201 Pompano Beach, FL 33069

Palm Aire Neighborhood

Estimated Value: $266,000 - $295,000

3 Beds
2 Baths
1,444 Sq Ft
$883/mo HOA Fee

Last Sold November 26, 2024

Last sale price $290,000 $201 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,838/month

32 Days on Market

Highlights

  • Screened Porch
  • Balcony
  • Impact Glass
  • Community Pool
  • Eat-In Kitchen
  • Home Security System

About This Home

As of November 2024

Best priced condo in Palm Aire and approved 5% down with seller's preferred lender. Discover this desirable corner unit on Oaks Lane, combining brightness, space, and modern upgrades. This 3-bed, 2-bath condo features tile flooring, impact windows, an upgraded open kitchen, stainless steel appliances and ample closet space. Enjoy a full-size washer/dryer and relax on the screened terrace with serene garden views. The community offers ample guest parking, a pristine pool, and access to playgrounds, pickleball, tennis, basketball, and volleyball courts. HOA fee includes Water, Internet, Cable, Exterior Insurance, Reserve Fund, Sewer, Trash, Etc. Nearby golf courses have no mandatory membership. Close to major highways and just 15 minutes from the beach. This unit can be yours today!

Last Listed By

David Schwartzberg

Southwestern Real Estate License #3453132 Listed on: 09/26/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,306

Year Built

  • Built in 1974

Lot Details

  • 1,568

HOA Fees

  • $883 Monthly HOA Fees

Interior Spaces

  • 1,444 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Open Floorplan
  • Screened Porch
  • Utility Room
  • Tile Flooring
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • Over 1 Space Per Unit
  • Guest Parking

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Balcony
  • South Facing Home

Listing and Financial Details

  • Assessor Parcel Number 494204GJ0230

Community Details

Overview

  • Association fees include cable TV, ground maintenance, maintenance structure, parking, pool(s), recreation facilities, reserve fund, roof, sewer, trash, water
  • Palm Aire Country Club Subdivision

Recreation

  • Community Pool

Security

  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,306

Year Built

Built in 1974

Lot Details

0

HOA Fees

$883 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: South to Atlantic Boulevard between Powerline Rd and Lyons. Use GPS
  • Year Built: 1974
  • Carport Y N: No
  • Entry Level: 2
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Eat-in Kitchen, Kitchen/Dining Combo, Living/Dining Room, Other, Tub Shower
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Living Area: 1444.0
  • Dining Room Type: Laundry, Utility Room
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony
  • View: Other
  • Pool Features: Association
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: South
  • Patio And Porch Features: Balcony, Screened
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Guest, One Space, Two or More Spaces

Utilities

  • Security: Security System
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 883.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Cable TV, Maintenance Grounds, Maintenance Structure, Parking, Pool(s), Recreation Facilities, Reserve Fund, Roof, Sewer, Trash, Water

Lot Info

  • Parcel #: 494204GJ0230

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4306.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2024
Closed on
Nov 26, 2024
Sold by
Barnes James R and Barnes Sara A
Bought by
Gunheim Charles and Kermes John
Seller's Agent
David Schwartzberg
Southwestern Real Estate
Buyer's Agent
David Schwartzberg
Southwestern Real Estate
List Price
$299,000
Sold Price
$290,000
Premium/Discount to List
-$9,000
-3.01%
Total Days on Market
32
Views
48
Current Estimated Value
$284,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,234
Avg. Annual Appreciation
-4.35%

Purchase Details

Closed on
Dec 21, 2021
Sold by
Barnes James R and Barnes Katie L
Bought by
Barnes James R and Barnes Sara A

Purchase Details

Closed on
Aug 19, 2021
Sold by
Barnes James R and Barnes Katie L
Bought by
Barnes James R and Barnes Katie L

Purchase Details

Listed on
Oct 28, 2014
Closed on
Jan 20, 2015
Sold by
The Bank Of New York Mellon
Bought by
Barnes James R and Barnes Katie L
Seller's Agent
Stephen Sibiga
MMLS Assoc.-Inactive Member
Buyer's Agent
Keith Blackburn
Greater Broward Realty Inc
List Price
$132,500
Sold Price
$119,999
Premium/Discount to List
-$12,501
-9.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.82%

Purchase Details

Closed on
May 2, 2014
Sold by
Mercantile Bank
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Apr 12, 2002
Sold by
Nelson Jill and Estate Of Todd Nelson
Bought by
Schmidt Jose M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.77%

Purchase Details

Closed on
Apr 29, 1997
Sold by
Todd Nelson Tr
Bought by
Nelson Todd

Purchase Details

Closed on
Apr 22, 1996
Sold by
Nelson Fannie
Bought by
Nelson Fannie and Nelson Todd

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
Gunheim Charles $290,000 Empire Title Services
Gunheim Charles $290,000 Empire Title Services
Barnes James R -- Accommodation
Barnes James R -- Accommodation
Barnes James R $119,700 Premium Title Services Inc
Jpmorgan Chase Bank National Association $75,900 None Available
Schmidt Jose M $100,000 First American Title Ins Co
Nelson Todd $100 --
Nelson Fannie $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schmidt Jose M $34,800
Previous Owner Schmidt Jose M $270,000
Previous Owner Schmidt Jose M $74,000
Previous Owner Schmidt Jose M $136,000
Previous Owner Schmidt Jose M $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2024 11/26/24 Sold $290,000 -3.0% $201 / Sq Ft
10/28/2024 10/28/24 Pending -- -- --
10/16/2024 10/16/24 For Sale $299,000 +3.1% $207 / Sq Ft
10/16/2024 10/16/24 Off Market $290,000 -- --
09/26/2024 09/26/24 For Sale $315,000 +162.5% $218 / Sq Ft
02/05/2015 02/05/15 Sold $119,999 -4.7% $97 / Sq Ft
01/05/2015 01/05/15 Pending -- -- --
12/22/2014 12/22/14 Price Changed $125,900 -5.0% $102 / Sq Ft
12/11/2014 12/11/14 For Sale $132,500 0.0% $107 / Sq Ft
11/05/2014 11/05/14 Pending -- -- --
10/28/2014 10/28/14 For Sale $132,500 -- $107 / 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 $4,385 $290,310 $29,030 $261,280
2024 $4,307 $239,650 -- --
2023 $4,307 $232,670 $0 $0
2022 $4,030 $225,900 $22,590 $203,310
2021 $3,795 $172,820 $17,280 $155,540
2020 $3,446 $158,590 $15,860 $142,730
2019 $3,406 $163,730 $16,370 $147,360
2018 $3,132 $159,860 $15,990 $143,870
2017 $2,751 $125,090 $0 $0
2016 $2,434 $113,720 $0 $0
2015 $2,666 $120,960 $0 $0
2014 $2,749 $124,330 $0 $0
2013 -- $127,120 $12,710 $114,410
Source: Public Records

Agents Affiliated with this Home

  • David Schwartzberg

    Seller's Agent in 2024

    David Schwartzberg

    Southwestern Real Estate

    (631) 521-5218

    2 in this area

    35 Total Sales

    David Schwartzberg
    Section Image

  • S

    Seller's Agent in 2015

    Stephen Sibiga

    MMLS Assoc.-Inactive Member

    (380) 270-2174

    6 Total Sales

    Section Image

  • K

    Buyer's Agent in 2015

    Keith Blackburn

    Greater Broward Realty Inc

See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10463647

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-04-GJ-0230

Florida Broward County Pompano Beach 33069 Palm Aire

550 Oaks Ln Unit 201, Pompano Beach, FL

Homes for Sale in Pompano Beach, FL

This home is located at 550 Oaks Ln Unit 201, Pompano Beach, FL 33069 since 26 September 2024 and is currently estimated at $284,766, approximately $197 per square foot. This property was built in 1974. 550 Oaks Ln Unit 201 is a home located in Broward County with nearby schools including Cypress Elementary School, Pompano Beach Middle School, and Blanche Ely High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.