NOT LISTED FOR SALE

1015 W Las Olas Blvd Unit 1-4 Fort Lauderdale, FL 33312

Sailboat Bend Neighborhood

Estimated Value: $856,000 - $936,000

-- Bed
-- Bath
2,212 Sq Ft
$402/Sq Ft Est. Value

Last Sold January 07, 2019

Last sale price $470,000 $212 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $5,746/month

22 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • 2-minute walk to Major William M. Lauderdale Park
  • Ceramic Tile Flooring

About This Home

As of January 2019

Great investment opportunity. Quadplex of 1 Bedroom/1 Bath units in great location! Easily rented. Kept in good condition! Unit 3 has a brand new renovated kitchen & bathroom! Please do not disturb tenants.

Last Agent to Sell the Property

Raanan Gafri

441 Realty LLC License #3229912 Listed on: 11/15/2018

Co-Listed By

Itamar Ben-Avi

441 Realty LLC License #3331827

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,736

Year Built

  • Built in 1963

Lot Details

  • 6,502 Sq Ft Lot

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,212 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 504209091280

Community Details

Overview

  • 4 Units
  • Waverly Place Subdivision

Building Details

  • Operating Expense $22,558
  • Net Operating Income $22,811

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,736

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: 95 to Broward blvd east , right before avenue of the arts go right and take a right again.
  • Year Built: 1963
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2212.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 504209091280
  • Lot Size Sq Ft: 6502.0
  • Zoning Description: res
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 22811.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 22558.0

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 6736.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2021
Sold by
Sunray 1 Llc
Bought by
Abreu Luis
Current Estimated Value
$888,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,750
Outstanding Balance
$378,221
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$510,606

Purchase Details

Listed on
Nov 15, 2018
Closed on
Jan 4, 2019
Sold by
Investing Wisely Vi Llc
Bought by
Sunray 1 Llc
Seller's Agent
Raanan Gafri
441 Realty LLC
List Price
$499,999
Sold Price
$470,000
Premium/Discount to List
-$29,999
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.82%

Purchase Details

Closed on
Apr 29, 2014
Sold by
Investing Wisely Xxv Llc
Bought by
Investing Wisely Vi Llc

Purchase Details

Closed on
Dec 28, 2011
Sold by
Henry Carroll A
Bought by
Investing Wisely Xxv Llc

Purchase Details

Closed on
Dec 19, 2011
Sold by
Henry Carroll
Bought by
Investing Wisely Xxv Llc

Purchase Details

Closed on
Jul 17, 2008
Sold by
Henry Carroll
Bought by
Henry Carroll and Jean Baptiste Eddy

Purchase Details

Closed on
Aug 14, 2006
Sold by
Newman Aaron
Bought by
Henry Carroll

Purchase Details

Closed on
Apr 5, 2005
Sold by
Jahoda Bryan
Bought by
Newman Aaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
7.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 19, 2002
Sold by
Waldron Linda D and Feleppa Diann
Bought by
Jahoda Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,600
Interest Rate
6.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 7, 2000
Sold by
Davis Walter E and Davis Betty J
Bought by
Waldron Linda D and Feleppa Diann
Source: Public Records

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
Abreu Luis $625,000 Attorney
Sunray 1 Llc $470,000 Firm Title Corporation
Investing Wisely Vi Llc -- Attorney
Investing Wisely Xxv Llc -- Attorney
Investing Wisely Xxv Llc $200,000 Attorney
Henry Carroll -- Attorney
Henry Carroll $450,000 All Island Title Inc
Newman Aaron $400,000 All Island Title Inc
Jahoda Bryan $252,000 --
Waldron Linda D $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abreu Luis $417,750
Previous Owner Newman Aaron $320,000
Previous Owner Jahoda Bryan $201,600
Previous Owner Waldron Linda D $168,000
Closed Jahoda Bryan $25,200
Closed Newman Aaron $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2019 01/07/19 Sold $470,000 -6.0% $212 / Sq Ft
12/08/2018 12/08/18 Pending -- -- --
11/15/2018 11/15/18 For Sale $499,999 -- $226 / Sq Ft
Source: BeachesMLS

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 $13,017 $655,640 $35,760 $619,880
2024 $12,772 $599,720 $19,510 $580,210
2023 $12,772 $579,880 $19,510 $560,370
2022 $12,488 $579,880 $19,510 $560,370
2021 $10,453 $465,300 $0 $0
2020 $9,693 $432,910 $19,510 $413,400
2019 $7,410 $339,130 $19,510 $319,620
2018 $6,736 $345,440 $19,510 $325,930
2017 $6,205 $270,770 $0 $0
2016 $5,887 $246,160 $0 $0
2015 $5,289 $223,790 $0 $0
2014 $3,962 $145,690 $0 $0
2013 -- $153,610 $19,510 $134,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10481470

BeachesMLS

APN: 50-42-09-09-1280