$387,500
SOLD FEB 15, 2018
-- Bed
-- Bath
1,248 Sq Ft
7,536 Sq Ft Lot

Recently Sold

$310 Per Sq Ft

1% Above List Price

40 Days on Market

Highlights

  • Newly Remodeled
  • Porch
  • Ceramic Tile Flooring
  • Fort Lauderdale High School Rated A
  • Open Patio
  • Central Heating and Cooling System

About This Home

As of February 2022

IDEAL INVESTMENT PROPERTY DUPLEX IN EAST FORT LAUDERDALE NEXT TO WILTON MANORS WITH A CAP RATE OF 8.5%+. BUILDING OFFERS REMODELED KITCHENS, TILE FLOORING, CENTRAL A/C, PRIVATE FENCED HUGE BACKYARD, COMES COMPLETELY FURNISHED, TOP CONDITION AND 90%+ OCCUPATION AS A VACATION RENTAL DO NOT MISS THIS ONE! BY APPOINTMENT ONLY, YOU CAN PASS BY ONLY. DO NOT DISTURB GUESTS.

Last Agent to Sell the Property

Victor Lancry

Douglas Elliman License #0687861 Listed on: 12/06/2017

Douglas Elliman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,170

Year Built

  • Built in 1959 | Newly Remodeled

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,248 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Ceramic Tile Flooring

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $53,000
  • Rent includes cable TV
  • Assessor Parcel Number 494235010040

Community Details

Overview

  • 2 Units
  • Middle River Terrace Subdivision

Additional Features

  • Laundry Facilities
  • Net Operating Income $41,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,170

Year Built

Built in 1959 | Newly Remodeled

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: EAST OF DIXIE ON NE 14TH PLACE. PROPERTY ON THE RIGHT
  • Year Built: 1959
  • Unit Levels: One
  • New Construction: Yes
  • Building Stories: 1
  • Year Built Details: New Construction
  • Special Features: 4098
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1248.0
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Porch
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Open, Porch
  • Property Condition: New Construction
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available

Condo/Co-op/Association

  • HOA Rent Includes: Cable TV
  • Community Features: Laundry Facilities

Lot Info

  • Parcel #: 494235010040
  • Zoning Description: RMM-25

Multi Family

  • Property Net Operating Income: 41000.0
  • Number Of Units Total: 2
  • Total Actual Rent: 53000.0

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 4170.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2021
Closed on
Feb 1, 2022
Sold by
Tuan Lu Hsiu
Bought by
Hiller Bryan
Seller's Agent
Jonathan Chen
Premier Brokers International
Buyer's Agent
Heidi Braunhardt
The K Company Realty, LLC
Sold Price
$540,000
Current Estimated Value
$600,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,080
Avg. Annual Appreciation
3.39%
Original Mortgage
$401,250
Outstanding Balance
$376,955
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$231,138

Purchase Details

Listed on
Dec 6, 2017
Closed on
Feb 15, 2018
Sold by
Derose Cjristopher Lawrence
Bought by
Lu Hsiu Tuan
Seller's Agent
Victor Lancry
Douglas Elliman
List Price
$385,000
Sold Price
$387,500
Premium/Discount to List
$2,500
0.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.74%

Purchase Details

Listed on
Feb 20, 2013
Closed on
Sep 10, 2013
Sold by
Pearson Pamela B
Bought by
Derose Christopher Lawrence
Seller's Agent
Daniel Bangs
Coldwell Banker Realty
Buyer's Agent
Victor Lancry
Castelli Ft.Lauderdale RE Serv
List Price
$224,900
Sold Price
$193,000
Premium/Discount to List
-$31,900
-14.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.04%
Original Mortgage
$144,750
Interest Rate
4.37%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 20, 2013
Closed on
Aug 21, 2013
Sold by
Kompare Gary C and Kompare Joseph K
Bought by
Pearson Pamela B
Seller's Agent
Daniel Bangs
Coldwell Banker Realty
Buyer's Agent
Victor Lancry
Castelli Ft.Lauderdale RE Serv
List Price
$224,900
Sold Price
$193,000
Premium/Discount to List
-$31,900
-14.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,750
Interest Rate
4.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 31, 2010
Sold by
Delliano German
Bought by
Pearson Pamela B

Purchase Details

Closed on
Jul 15, 2008
Sold by
Reef Properties Llc
Bought by
Delllano German

Purchase Details

Closed on
Jul 7, 2008
Sold by
Bank Of New York
Bought by
Reef Properties Llc

Purchase Details

Closed on
Apr 12, 2007
Sold by
Avila Felix
Bought by
Bank Of New York and Certificateholders Cwabs Inc Asset Backe

Purchase Details

Closed on
Sep 22, 2005
Sold by
Buchine Lawrence E
Bought by
Avila Felix

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,000
Interest Rate
11%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 26, 2002
Sold by
Berry Nicholas D and Syrele Terry B
Bought by
Buchine Lawrence E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,400
Interest Rate
6.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 1, 2002
Sold by
Kaplan L Frederick and Kaplan Susan J
Bought by
Samaniego Daniel and Desamaniego Luz Patino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 20, 1996
Sold by
Kompare Albert J
Bought by
Grace Arnold and Grace Olive M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,500
Interest Rate
7.15%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $540,000 Carpenter & Berger Pl
Warranty Deed $387,500 Oasis Title Co
Special Warranty Deed -- Attorney
Warranty Deed $193,000 Attorney
Personal Reps Deed -- Attorney
Warranty Deed $156,000 Title Partners Of South Fl I
Special Warranty Deed $130,000 Lawyers Advantage Title Grou
Special Warranty Deed $119,000 North American Title Co
Trustee Deed -- None Available
Warranty Deed $311,000 --
Warranty Deed $173,800 The John Galt Title Company
Warranty Deed $81,500 Bay Title Company
Warranty Deed $62,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $401,250 New Conventional
Previous Owner $144,750 Commercial
Previous Owner $50,000 Commercial
Previous Owner $311,000 Commercial
Previous Owner $192,000 Commercial
Previous Owner $138,400 Commercial
Previous Owner $40,000 Commercial
Previous Owner $46,500 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2022 02/01/22 Sold $540,000 +0.6% $423 / Sq Ft
01/03/2022 01/03/22 Pending -- -- --
12/29/2021 12/29/21 For Sale -- -- --
11/24/2021 11/24/21 Pending -- -- --
10/31/2021 10/31/21 For Sale $537,000 +38.6% $420 / Sq Ft
02/15/2018 02/15/18 Sold $387,500 +0.6% $310 / Sq Ft
01/16/2018 01/16/18 Pending -- -- --
12/06/2017 12/06/17 For Sale $385,000 +99.5% $308 / Sq Ft
09/13/2013 09/13/13 Sold $193,000 -14.2% $151 / Sq Ft
08/14/2013 08/14/13 Pending -- -- --
02/20/2013 02/20/13 For Sale $224,900 -- $176 / 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 $10,377 $507,590 $37,760 $469,830
2024 $10,449 $490,200 $60,420 $429,780
2023 $10,449 $490,210 $60,420 $429,790
2022 $7,073 $320,230 $60,420 $259,810
2021 $6,807 $306,550 $60,420 $246,130
2020 $6,263 $278,710 $60,420 $218,290
2019 $6,918 $338,790 $60,420 $278,370
2018 $5,003 $284,080 $60,420 $223,660
2017 $4,632 $206,730 $0 $0
2016 $4,170 $187,940 $0 $0
2015 $3,801 $170,860 $0 $0
2014 $3,553 $155,330 $0 $0
2013 -- $150,290 $60,420 $89,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10096950

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-35-01-0040