1037 SW 3rd St Hallandale Beach, FL 33009
Southwest Lakes NeighborhoodEstimated Value: $458,591 - $641,000
4
Beds
2
Baths
1,612
Sq Ft
$341/Sq Ft
Est. Value
Highlights
- Lake Front
- No HOA
- Tile Flooring
- Newly Remodeled
- Patio
- Central Heating and Cooling System
About This Home
As of November 2013Rare opportunity to own waterfront income property. Well maintained two unit building with long-term tenants. Both units are 2 beds 1 bath with central air, tile floors, and private fenced yards and in unit laundry room. There are four parking spaces. Ove r 8% cap rate.
Last Listed By
Vanguard Properties International License #0674419 Listed on: 07/19/2013
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,821
Year Built
- Built in 1960 | Newly Remodeled
Lot Details
- 30 Ft Wide Lot
- Lake Front
- Fenced
Parking
- 4 Parking Spaces
Home Design
- Duplex
- Composition Roof
- Concrete Roof
- Concrete Block And Stucco Construction
- Pre-Cast Concrete Construction
Interior Spaces
- 1,612 Sq Ft Home
- 1-Story Property
- Blinds
- Tile Flooring
Outdoor Features
- Access To Lake
- Patio
Additional Features
- Flood Zone Lot
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- 4 Units
- Sunset Lake Park 48 46 B Condos
- Sunset Lake Park 48 46 B Subdivision
Listing and Financial Details
- Rent includes sewer, trash collection, water
- Assessor Parcel Number 514228340390
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 31, 2003
Sold by
Rawis William B and Rawis Marcie W
Bought by
Morganstern Charles
Total Days on Market
115
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Outstanding Balance
$82,374
Interest Rate
6%
Mortgage Type
Commercial
Estimated Equity
$492,487
Purchase Details
Closed on
May 19, 1995
Sold by
Mazzetti Alfred and Mazzetti Arlene
Bought by
Rawls William B and Rawls Marcie W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,100
Interest Rate
8.22%
Mortgage Type
Commercial
Purchase Details
Closed on
May 1, 1986
Sold by
Available Not
Bought by
Available Not
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Morganstern Charles | $190,000 | Aventura Title Services Inc | |
| Rawls William B | $80,200 | -- | |
| Available Not | $28,571 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Morganstern Charles | $171,000 | |
| Previous Owner | Rawls William B | $56,100 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/22/2013 11/22/13 | Sold | $181,000 | -15.8% | $112 / Sq Ft |
| 11/09/2013 11/09/13 | Pending | -- | -- | -- |
| 07/17/2013 07/17/13 | For Sale | $215,000 | -- | $133 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 | $8,301 | $364,660 | -- | -- |
| 2024 | $7,445 | $364,660 | -- | -- |
| 2023 | $7,445 | $301,380 | $0 | $0 |
| 2022 | $6,780 | $273,990 | $0 | $0 |
| 2021 | $5,866 | $249,090 | $0 | $0 |
| 2020 | $5,250 | $233,710 | $36,000 | $197,710 |
| 2019 | $4,802 | $205,870 | $36,000 | $169,870 |
| 2018 | $5,145 | $240,130 | $36,000 | $204,130 |
| 2017 | $4,409 | $211,320 | $0 | $0 |
| 2016 | $4,121 | $192,110 | $0 | $0 |
| 2015 | $3,499 | $160,440 | $0 | $0 |
| 2014 | $3,126 | $145,860 | $0 | $0 |
| 2013 | -- | $87,590 | $36,000 | $51,590 |
Source: Public Records
Agents Affiliated with this Home
-
Charles Morganstern
Seller's Agent in 2013
Charles Morganstern
Vanguard Properties International
(305) 725-4082
60 Total Sales
-
Lucas Torroija
Buyer's Agent in 2013
Lucas Torroija
DecoNova International Group
(786) 547-3710
10 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: A1816676
APN: 51-42-28-34-0390
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