NOT LISTED FOR SALE

Estimated Value: $764,643 - $975,000

4 Beds
4 Baths
1,880 Sq Ft
$450/Sq Ft Est. Value

Last Sold July 25, 2018

Last sale price $440,000 $234 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $5,720/month

18 Days on Market

Highlights

  • Newly Remodeled
  • Ceramic Tile Flooring
  • Wall Furnace
  • Fort Lauderdale High School Rated A
  • Ceiling Fan

About This Home

As of July 2018

This 4-plex is in the perfect location. Rent are below market value. 3 units have upgraded kitchens. Permitted and upgraded electrical panels. Great Tenants. This is a turn key investment and a great investment to start out with. Huge upside potential with all the development in the area.

Last Agent to Sell the Property

Robert Ernst

SELLSTATE 360 REALTY License #3136131 Listed on: 06/06/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,022

Year Built

  • Built in 1957 | Newly Remodeled

Lot Details

  • 6,752

Parking

  • 5 Parking Spaces

Home Design

  • Quadruplex
  • Flat Roof Shape

Interior Spaces

  • 1,880 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Ceramic Tile Flooring

Utilities

  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $43,200
  • Rent includes sewer, trash collection, water
  • Assessor Parcel Number 494234045500

Community Details

Overview

  • 4 Units
  • Progresso Subdivision

Building Details

  • Net Operating Income $24,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,022

Year Built

Built in 1957 | Newly Remodeled

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: Take Sunrise Blvd to NE 15th Avenue and head North. At NE 11th Street make right and head east. At NE 17th Avenue Make a right and head south. The property will be on the right.
  • Year Built: 1957
  • Architectural Style: Fourplex
  • Unit Levels: One
  • New Construction: Yes
  • Building Stories: 1
  • Year Built Details: New Construction
  • Special Features: 4098
  • Stories: 1

Interior Features

  • Private Spa: No
  • Flooring: Ceramic Tile
  • Living Area: 1880.0
  • Window Features: Blinds

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: New Construction
  • Roof: Flat

Garage/Parking

  • Total Parking Spaces: 5.0

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Sewer, Trash Collection, Water

Lot Info

  • Parcel #: 494234045500
  • Zoning Description: multi

Multi Family

  • Property Net Operating Income: 24200.0
  • Number Of Units Total: 4
  • Total Actual Rent: 43200.0

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 5022.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2018
Closed on
Jul 18, 2018
Sold by
Aldgate East Investment Properties Llc
Bought by
Upper East Side Realty 2018 Llc
Seller's Agent
Robert Ernst
SELLSTATE 360 REALTY
List Price
$475,000
Sold Price
$440,000
Premium/Discount to List
-$35,000
-7.37%
Current Estimated Value
$845,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$405,411
Avg. Annual Appreciation
9.62%

Purchase Details

Closed on
Dec 15, 2009
Sold by
Sperling Benjie
Bought by
Aldgate East Investment Properties Llc

Purchase Details

Closed on
Aug 10, 2009
Sold by
Cherkasova Gonzalez Olga
Bought by
Sperling Benjie

Purchase Details

Closed on
Mar 28, 2008
Sold by
Gorbunov Dmitry and Cherkasova Gonzalez Olga
Bought by
Cherkasova Gonzalez Olga

Purchase Details

Closed on
May 20, 2004
Sold by
Lapidus Felix
Bought by
Gorbunov Dmitry and Cherkasova Gonzalez Olga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,250
Interest Rate
8.95%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 21, 1995
Sold by
Breznikar Anton and Breznikar Lorett
Bought by
Lapidus Felix

Purchase Details

Closed on
May 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
Upper East Side Realty 2018 Llc $440,000 Attorney
Aldgate East Investment Properties Llc $150,000 Attorney
Sperling Benjie $84,000 Attorney
Cherkasova Gonzalez Olga -- Attorney
Gorbunov Dmitry $385,000 Professional Title Group Llc
Lapidus Felix -- --
Lapidus Felix $95,000 --
Available Not $51,429 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gorbunov Dmitry $327,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2018 07/25/18 Sold $440,000 -7.4% $234 / Sq Ft
06/25/2018 06/25/18 Pending -- -- --
06/06/2018 06/06/18 For Sale $475,000 -- $253 / 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 $13,459 $643,090 -- --
2024 $12,290 $643,090 $54,010 $517,990
2023 $12,290 $531,490 $0 $0
2022 $11,266 $483,180 $0 $0
2021 $10,891 $439,260 $0 $0
2020 $9,204 $417,400 $54,010 $363,390
2019 $7,991 $363,030 $54,010 $309,020
2018 $5,389 $271,040 $54,010 $217,030
2017 $5,023 $203,400 $0 $0
2016 $4,703 $184,910 $0 $0
2015 $4,253 $168,100 $0 $0
2014 $4,001 $152,820 $0 $0
2013 -- $149,430 $54,010 $95,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10126201

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-34-04-5500