NOT LISTED FOR SALE

Estimated Value: $1,222,179 - $1,399,000

-- Bed
8 Baths
4,864 Sq Ft
$266/Sq Ft Est. Value

Last Sold June 22, 2018

Last sale price $700,000 $144 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $8,502/month

69 Days on Market

Highlights

  • Waterfront
  • 22,251 Sq Ft lot
  • Canal View
  • Wellington Landings Middle School Rated A-
  • Canal Access
  • Ceramic Tile Flooring

About This Home

As of June 2018

4 unit 3 bedroom 2 bath with a one car garage, Building is a 100% occupied with room to bring rents to current market.

Last Agent to Sell the Property

Ahmed Abdeldayem

KW Innovations License #3309101 Listed on: 03/14/2018

KW Innovations

Last Buyer's Agent

Christina Richman

The District Real Estate of Fl License #3283620

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,137

Year Built

  • Built in 1989

Lot Details

  • 0.51 Acre Lot
  • Waterfront
  • Fenced

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 4,864 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring
  • Canal Views

Additional Features

  • Canal Access
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 73414404010500110

Community Details

Overview

  • 4 Units
  • Sugar Pond Manor Of Welli Subdivision

Building Details

  • Operating Expense $15,337
  • Net Operating Income $37,463

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,137

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: Take Wellington Trace to Hyacinth Place, Then Goldenrod
  • Year Built: 1989
  • 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: 4864.0

Exterior Features

  • Exterior Features: Fence
  • View: Canal
  • Pool Features: None
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 73414404010500110
  • Lot Size Sq Ft: 22251.0
  • Zoning Description: WELL_P
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Common Area Maintenance, Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 37463.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 15337.0

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 10137.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2018
Closed on
Jun 22, 2018
Sold by
Walker Charles R and Roberta D Walker Family Trust
Bought by
Aks Properties Llc
Seller's Agent
Ahmed Abdeldayem
KW Innovations
Buyer's Agent
Christina Richman
The District Real Estate of Fl
List Price
$700,000
Sold Price
$700,000
Current Estimated Value
$1,296,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$596,060
Avg. Annual Appreciation
9.45%
Original Mortgage
$431,300
Interest Rate
4.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Mar 14, 2018
Closed on
Jun 20, 2018
Sold by
Walker Robert Dean
Bought by
Aks Properties Llc
Seller's Agent
Ahmed Abdeldayem
KW Innovations
Buyer's Agent
Christina Richman
The District Real Estate of Fl
List Price
$700,000
Sold Price
$700,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,300
Interest Rate
4.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 15, 2005
Sold by
Belvedere Isles Developers Inc
Bought by
Antoine Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,592
Interest Rate
8.4%
Mortgage Type
Fannie Mae Freddie Mac
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
Aks Properties Llc $700,000 Performance Title And Escrow
Aks Properties Llc -- Performance Title And Escrow
Antoine Michael $135,990 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Aks Properties Llc $431,300
Previous Owner Antoine Michael $115,592
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2018 06/22/18 Sold $700,000 0.0% $144 / Sq Ft
05/23/2018 05/23/18 Pending -- -- --
03/14/2018 03/14/18 For Sale $700,000 -- $144 / 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
2024 $17,926 $801,831 -- --
2023 $17,119 $728,937 $282,521 $682,281
2022 $15,402 $662,670 $0 $0
2021 $13,548 $645,849 $120,000 $525,849
2020 $12,404 $589,877 $126,000 $463,877
2019 $11,236 $497,874 $126,000 $371,874
2018 $10,853 $512,535 $111,425 $401,110
2017 $10,137 $473,980 $101,295 $372,685
2016 $9,827 $398,299 $0 $0
2015 $8,902 $362,090 $0 $0
2014 $8,291 $329,173 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10413958

BeachesMLS

APN: 73-41-44-04-01-050-0110