1123 NE 16th Ct Fort Lauderdale, FL 33305
Middle River Terrace Neighborhood
--
Bed
--
Bath
3,386
Sq Ft
0.32
Acres
Highlights
- Cooling System Mounted To A Wall/Window
- Patio
- Central Heating and Cooling System
- Fort Lauderdale High School Rated A
- Ceramic Tile Flooring
- Fenced
About This Home
As of March 2015OUTSTANDING 4PLEX W/ A NON CONFORMING 5TH SEPARATE DETACHED "POOL HOUSE" EFF. LARGE OPEN COURTYARD BETWEEN BUILDINGS GIVES IT A KEY WEST COMPOUND FEEL! LARGE POOL & PATIO AREAS SURRONDED BY LUSH FOLIAGE! CERAMIC TILE FLOORS, SPACIOUS LIV RMS & KITCHENS. C ENTRAL A/C IN 2 BR UNITS & WWU IN EFF. TOTALLY FENCED FOR PRIVACY & TROPICALLY LANDSCAPED! 8 PARKING SPACES. GREAT RENTAL LOCATION CLOSE TO WILTON MANORS & DOWNTOWN. EFF RENTS FOR $575/MO & VACANT UNIT SHOULD RENT FOR $1200 FOR TOTAL MO INCOME OF $5120
Last Agent to Sell the Property
Better Homes & Gdns RE Fla 1st License #0604419 Listed on: 08/15/2014
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,834
Year Built
- Built in 1961
Parking
- 8 Parking Spaces
Home Design
- Quadruplex
- Shingle Roof
- Composition Roof
Interior Spaces
- 3,386 Sq Ft Home
- 1-Story Property
- Sliding Windows
- Ceramic Tile Flooring
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating and Cooling System
- Cable TV Available
Additional Features
- Patio
- Fenced
Community Details
- 4 Units
- Middle River Terrace Subdivision
Listing and Financial Details
- Total Actual Rent $61,440
- Rent includes trash collection, water
- Assessor Parcel Number 494235041670
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 15, 2014
Closed on
Feb 23, 2015
Sold by
Franks Shirley Alter
Bought by
1123-1129 Real Estate Llc
Seller's Agent
Carrie Burckhartt
Better Homes & Gdns RE Fla 1st
List Price
$539,000
Sold Price
$485,000
Premium/Discount to List
-$54,000
-10.02%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$559,336
Avg. Annual Appreciation
8.04%
Original Mortgage
$330,000
Outstanding Balance
$256,956
Interest Rate
3.74%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$825,757
Purchase Details
Closed on
Oct 18, 2002
Sold by
Winburn Thomas L and Winburn Emmali
Bought by
Franks Shirley Alter and Shirley Alter Franks Revocable Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
8%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 21, 1999
Sold by
Pr J David Lynch
Bought by
Winburn Emmali and Winburn Thomas L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
6.71%
Mortgage Type
Commercial
Similar Homes in Fort Lauderdale, FL
Create a Home Valuation Report for This Property
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $485,000 | Certified Title | |
| Warranty Deed | $265,500 | Springs Title Insurance Inc | |
| Personal Reps Deed | $93,900 | -- | |
| Warranty Deed | $100 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $330,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $210,000 | Commercial | |
| Previous Owner | $67,500 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/26/2018 07/26/18 | Rented | $1,300 | 0.0% | -- |
| 07/20/2018 07/20/18 | Under Contract | -- | -- | -- |
| 07/16/2018 07/16/18 | Price Changed | $1,300 | -3.7% | $0 / Sq Ft |
| 05/03/2018 05/03/18 | For Rent | $1,350 | 0.0% | -- |
| 01/31/2018 01/31/18 | Rented | $1,350 | 0.0% | -- |
| 01/17/2018 01/17/18 | Under Contract | -- | -- | -- |
| 12/24/2017 12/24/17 | For Rent | $1,350 | 0.0% | -- |
| 03/02/2015 03/02/15 | Sold | $485,000 | -10.0% | $143 / Sq Ft |
| 01/31/2015 01/31/15 | Pending | -- | -- | -- |
| 08/15/2014 08/15/14 | For Sale | $539,000 | -- | $159 / Sq Ft |
Source: BeachesMLS (Greater Fort Lauderdale)
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 | $15,844 | $745,220 | $70,130 | $675,090 |
| 2024 | $15,014 | $737,480 | $112,200 | $625,280 |
| 2023 | $15,014 | $625,970 | $0 | $0 |
| 2022 | $13,141 | $569,070 | $0 | $0 |
| 2021 | $12,036 | $517,340 | $112,200 | $405,140 |
| 2020 | $12,163 | $526,990 | $112,200 | $414,790 |
| 2019 | $11,028 | $527,060 | $112,200 | $414,860 |
| 2018 | $9,701 | $481,180 | $112,200 | $368,980 |
| 2017 | $9,036 | $413,140 | $0 | $0 |
| 2016 | $8,436 | $375,590 | $0 | $0 |
| 2015 | $7,272 | $307,270 | $0 | $0 |
| 2014 | $6,834 | $279,340 | $0 | $0 |
| 2013 | -- | $253,950 | $112,200 | $141,750 |
Source: Public Records
Agents Affiliated with this Home
-
Natalie Shtrull
N
Seller's Agent in 2018
Natalie Shtrull
Florida Apts & Homes, LLC
(954) 800-3100
22 Total Sales
-
Carrie Burckhartt
C
Seller's Agent in 2015
Carrie Burckhartt
Better Homes & Gdns RE Fla 1st
(954) 561-2050
2 in this area
15 Total Sales
-
Carla Infante
C
Seller Co-Listing Agent in 2015
Carla Infante
Better Homes & Gdns RE Fla 1st
(954) 561-2050
1 in this area
11 Total Sales
Map
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: F1303568
APN: 49-42-35-04-1670
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