NOT LISTED FOR SALE

Estimated Value: $701,576 - $739,000

3 Beds
2 Baths
1,742 Sq Ft
$412/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $425,000 $244 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $4,786/month

32 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Tile Flooring

About This Home

As of April 2021

Four-plex is actually a 5-plex! A great CAP rate! If you keep them all rented at today's rates, you are at $5200/month!!! Smartly converted SFH with exterior doors into logical layout units. One primary 1/1 units (larger square footage), two junior 1/1 units and two efficiency units, each with their own AC units (three HVAC, one mini-split and one in-wall unit. Fresh paint throughout and clean spaces. There is an area for BBQ, a shed with washer/dryer hookups ready and active (so that you can offer it as a shared resource) and plenty of parking, both on the side of the property (3 spaces) and in front of the property (another 5 spaces).
Only ONE Electric and ONE water meter on house. Both Water & FPL Bills average $550/month (as per current owner). Rent includes both electric and water.

Last Agent to Sell the Property

Hal Feldman

RE/MAX Advance Realty License #3222616 Listed on: 01/28/2021

RE/MAX Advance Realty

Last Buyer's Agent

Jenny Copete

United Realty Group Inc License #3188805

United Realty Group Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,238

Year Built

  • Built in 1950

Lot Details

  • 6,142

Parking

  • 9 Parking Spaces

Home Design

  • Quadruplex
  • Substantially Remodeled
  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,742 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 4 Units
  • Flagler Sun Homes Condos
  • Flagler Sun Homes Subdivision

Listing and Financial Details

  • Rent includes electricity, water
  • Assessor Parcel Number 01-41-06-035-0010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,238

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1950
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached, Ranch
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: FLAGLER SUN HOMES
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1742
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Flat Tile
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: FLAGLER SUN HOMES
  • Total Parking Spaces: 9

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-06-035-0010
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Electricity, Water

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 7238

Multi Family

  • Number Of Units In Community: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2021
Closed on
Apr 30, 2021
Sold by
Tang Stanley
Bought by
Fms 101 Rental Llc
Seller's Agent
Hal Feldman
RE/MAX Advance Realty
Buyer's Agent
Jenny Copete
United Realty Group Inc
List Price
$450,000
Sold Price
$425,000
Premium/Discount to List
-$25,000
-5.56%
Current Estimated Value
$717,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,644
Avg. Annual Appreciation
12.65%

Purchase Details

Listed on
Oct 28, 2019
Closed on
Jan 6, 2020
Sold by
Lopez Trading Llc
Bought by
Tang Stanley
Seller's Agent
Jose Macias
MMLS Assoc.-Inactive Member
Buyer's Agent
Arelis Cosme
Compass Florida, LLC
List Price
$469,900
Sold Price
$430,000
Premium/Discount to List
-$39,900
-8.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.89%
Original Mortgage
$322,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2019
Sold by
Exposito Alejandrina Tania
Bought by
Lopez Trading Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,500
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 10, 2017
Sold by
Exposito Paulina
Bought by
Exposito Alejandrina Tania

Purchase Details

Closed on
Apr 12, 1994
Sold by
Exposito Arturo and Exposito Paulina
Bought by
Exposito Paulina
Source: Public Records

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
Fms 101 Rental Llc $425,000 Quaker Title & Escrow
Tang Stanley $430,000 Specialty Title Services Llc
Lopez Trading Llc -- None Available
Exposito Alejandrina Tania $91,500 None Available
Exposito Paulina -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tang Stanley $322,500
Previous Owner Lopez Trading Llc $253,500
Previous Owner Exposito Paulina $208,031
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $425,000 -5.6% $244 / Sq Ft
03/10/2021 03/10/21 For Sale $450,000 0.0% $258 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/08/2021 02/08/21 For Sale $450,000 0.0% $258 / Sq Ft
01/30/2021 01/30/21 Pending -- -- --
01/28/2021 01/28/21 For Sale $450,000 +4.7% $258 / Sq Ft
01/07/2020 01/07/20 Sold $430,000 -8.5% $247 / Sq Ft
12/06/2019 12/06/19 Pending -- -- --
10/14/2019 10/14/19 For Sale $469,900 -- $270 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $10,515 $502,394 $318,240 $184,154
2024 $9,696 $478,604 -- --
2023 $9,696 $426,193 $0 $0
2022 $8,747 $387,449 $207,975 $179,474
2021 $8,148 $347,744 $174,263 $173,481
2020 $7,238 $304,152 $149,887 $154,265
2019 $7,266 $304,771 $149,887 $154,884
2018 $6,999 $297,853 $149,887 $147,966
2017 $2,853 $140,535 $0 $0
2016 $2,856 $137,645 $0 $0
2015 $2,878 $136,689 $0 $0
2014 -- $135,605 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10989022

MIAMI REALTORS® MLS

APN: 01-4106-035-0010