NOT LISTED FOR SALE

1019 SE 3rd St Deerfield Beach, FL 33441

The Cove Neighborhood

Estimated Value: $972,210 - $1,156,000

5 Beds
5 Baths
2,559 Sq Ft
$409/Sq Ft Est. Value

Last Sold December 24, 2020

Last sale price $680,000 $266 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $6,907/month

111 Days on Market

Highlights

  • Porch
  • Open Patio
  • Wall Furnace
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring

About This Home

As of December 2020

EXCELLENT LOCATION! WALK TO BEACH! Near Downtown Deerfield Beach! Excellent potential! Fantastic neighborhood! Nice quiet street in THE COVE. Rents below market! Same tenants for many years some over 10-20+ yrs. 100% occupied. Gross income currently $4,700/mo. Expenses are water, sewer, trash, electric, lawn $425/month plus taxes & insurance. Roughly 2,559sf of living (under-air) space. 4 electric meters & 1 water meter. Please do not disturb tenants. Metal roof about 5 years old. Fully leased! 8 parking spaces! Same owner since 1999! Call for more info. BUYER CAN PURCHASE 2 MORE BLDG'S IN THE COVE (SAME OWNER) ALL WALKING DISTANCE: MLS# RX-10650640 (1214 SE 3RD ST) & RX-10644238 (1419 SE 2ND ST). OWN UP TO 16 UNITS TOTAL IN THE COVE!

Last Agent to Sell the Property

Matan Morag

Regency Realty Services License #3124553 Listed on: 08/04/2020

Regency Realty Services

Last Buyer's Agent

Ezio DeMelo

United Realty Group, Inc License #3036578

United Realty Group, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,571

Year Built

  • Built in 1965

Lot Details

  • 7,623

Home Design

  • Metal Roof

Interior Spaces

  • 2,559 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 484306270050

Community Details

Overview

  • 4 Units
  • The Cove/Downtown Deerfie Subdivision

Building Details

  • Operating Expense $14,171
  • Net Operating Income $42,229

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,571

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: I-95 or US-1 to Hillsboro Blvd east, make a right on SE 12th Ave, then right onto SE 3rd St. Property on the right side.
  • Year Built: 1965
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2559.0

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 484306270050
  • Zoning Description: MULTI

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 42229.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 14171.0

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 7571.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2020
Closed on
Jan 19, 2021
Sold by
Vianna Carlos Eduardo Ryff Moreira Roca
Bought by
Evolution Premiere Investments Corp
Seller's Agent
Matan Morag
Regency Realty Services
Buyer's Agent
Ezio DeMelo
United Realty Group, Inc
List Price
$775,000
Sold Price
$680,000
Premium/Discount to List
-$95,000
-12.26%
Current Estimated Value
$1,046,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,303
Avg. Annual Appreciation
10.21%

Purchase Details

Listed on
Aug 4, 2020
Closed on
Dec 24, 2020
Sold by
1019 Se 3Rd Street Llc
Bought by
Vianna Carlos Eduardo Ryff Moreira Roca
Seller's Agent
Matan Morag
Regency Realty Services
Buyer's Agent
Ezio DeMelo
United Realty Group, Inc
List Price
$775,000
Sold Price
$680,000
Premium/Discount to List
-$95,000
-12.26%

Purchase Details

Closed on
Mar 24, 1999
Sold by
Clerk Of The Court
Bought by
Mcdonald John

Purchase Details

Closed on
Oct 27, 1998
Sold by
Saslow Stuart
Bought by
Kerris James

Purchase Details

Closed on
Oct 21, 1997
Sold by
Livingston Deborah
Bought by
Livingston Joan

Purchase Details

Closed on
Mar 1, 1996
Sold by
Livingston Joan
Bought by
Livingston Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,487
Interest Rate
6.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 30, 1994
Sold by
Saslow Stuart
Bought by
Livingston Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
8.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 1, 1992
Sold by
Available Not
Bought by
Available Not
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
Evolution Premiere Investments Corp -- Pegasus Title Services Llc
Vianna Carlos Eduardo Ryff Moreira Roca $680,000 Pegasus Title Services Llc
Mcdonald John $144,600 --
Kerris James $12,000 --
Livingston Joan $100 --
Livingston Deborah A $100 --
Livingston Joan $160,000 --
Available Not $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Livingston Deborah A $45,487
Previous Owner Livingston Joan $87,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/24/2020 12/24/20 Sold $680,000 -12.3% $266 / Sq Ft
11/24/2020 11/24/20 Pending -- -- --
08/04/2020 08/04/20 For Sale $775,000 -- $303 / 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 $14,475 $640,270 $60,800 $579,470
2024 $13,802 $640,270 $60,800 $579,470
2023 $13,802 $595,510 $0 $0
2022 $12,281 $541,380 $60,800 $480,580
2021 $11,227 $499,880 $60,800 $439,080
2020 $8,289 $368,030 $60,800 $307,230
2019 $7,571 $320,420 $60,800 $259,620
2018 $8,592 $383,900 $60,800 $323,100
2017 $6,314 $237,580 $0 $0
2016 $5,852 $215,990 $0 $0
2015 $5,401 $196,360 $0 $0
2014 $5,042 $178,510 $0 $0
2013 -- $174,150 $60,800 $113,350
Source: Public Records

Agents Affiliated with this Home

  • Matan Morag

    Seller's Agent in 2020

    Matan Morag

    Regency Realty Services

    (561) 706-0095

    3 in this area

    122 Total Sales

    Section Image
  • Ezio DeMelo

    Buyer's Agent in 2020

    Ezio DeMelo

    United Realty Group, Inc

    (561) 305-1173

    1 in this area

    30 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10644255

BeachesMLS

APN: 48-43-06-27-0050

Florida Broward County Deerfield Beach 33441 The Cove

1019 SE 3rd St, Deerfield Beach, FL

This home is located at 1019 SE 3rd St, Deerfield Beach, FL 33441 since 04 August 2020 and is currently estimated at $1,046,303, approximately $408 per square foot. This property was built in 1965. 1019 SE 3rd St is a home located in Broward County with nearby schools including Deerfield Beach Elementary School, Deerfield Beach Middle School, and Deerfield Beach 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 IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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