NOT LISTED FOR SALE

118 Phippen Waiters Rd Dania, FL 33004

Estimated Value: $825,000 - $1,019,000

8 Beds
4 Baths
3,553 Sq Ft
$261/Sq Ft Est. Value

Last Sold June 19, 2015

Last sale price $390,000 $110 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $6,032/month

87 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Tile Flooring

About This Home

As of June 2015

FourPlex, Four 2 bedroom 1 Bath Units Fully Leased New Roof, New Kitchens, New Baths, New Cent ACs, 1 Laundry room onsite with coin operated machines 10%CAP

Last Agent to Sell the Property

Chris Kjos

MMLS Assoc.-Inactive Member License #0344984 Listed on: 02/14/2015

MMLS Assoc.-Inactive Member

Last Buyer's Agent

Tina Raineri

Compass Florida, LLC License #3239451

Compass Florida, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,398

Year Built

  • Built in 1970

Lot Details

  • 0.28

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,553 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Additional Features

  • Lot Dimensions are 90x140
  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $54,720
  • Rent includes trash collection
  • Assessor Parcel Number 504234050080

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Geo M Phippens Sub 2 90 D Condos
  • Geo M Phippens Sub 2 90 D Subdivision

Building Details

  • Operating Expense $12,038
  • Net Operating Income $42,682

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,398

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1970
  • Property Sub Type: Quadruplex
  • Architectural Style: Attached
  • Horses: No
  • Lot Size: 90x140
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: GEO M PHIPPENS SUB 2-90 D
  • Year Built Details: Unknown
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 3553
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: GEO M PHIPPENS SUB 2-90 D
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 504234050080
  • Zoning: MULTI
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Trash Collection

Multi Family

  • Net Operating Income: 42682
  • Number Of Units In Community: 4
  • Annual Operating Expense: 12038
  • Total Actual Rent: 54720

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 6398

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2015
Closed on
Jun 19, 2015
Sold by
Tropical Family Holdings Llc
Bought by
Williams Bradford
Seller's Agent
Chris Kjos
MMLS Assoc.-Inactive Member
Buyer's Agent
Tina Raineri
Compass Florida, LLC
List Price
$439,900
Sold Price
$390,000
Premium/Discount to List
-$49,900
-11.34%
Current Estimated Value
$928,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$538,924
Avg. Annual Appreciation
8.76%
Original Mortgage
$264,000
Outstanding Balance
$205,419
Interest Rate
3.88%
Mortgage Type
Commercial
Estimated Equity
$723,505

Purchase Details

Closed on
Jul 24, 2014
Sold by
Mitchell Annie Merita and Oatman Celeste Latyce
Bought by
Tropical Family Holdings Llc

Purchase Details

Closed on
May 13, 2003
Sold by
Mitchell Annie Merita and Chunn Addie Mae
Bought by
Mitchell Annie Merita and Chunn Robert
Source: Public Records

Range of Values:

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Average Value
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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
Williams Bradford $390,000 Capital Abstract & Title
Tropical Family Holdings Llc $125,000 Attorney
Mitchell Annie Merita -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Bradford $264,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2015 06/19/15 Sold $390,000 -11.3% $110 / Sq Ft
05/11/2015 05/11/15 Pending -- -- --
02/13/2015 02/13/15 For Sale $439,900 -- $124 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $13,288 $585,450 -- --
2024 $12,270 $532,230 $72,400 $459,830
2023 $12,270 $492,180 $72,400 $419,780
2022 $11,605 $450,160 $0 $0
2021 $10,975 $409,240 $0 $0
2020 $9,845 $372,040 $72,400 $299,640
2019 $9,825 $372,040 $72,400 $299,640
2018 $10,129 $403,750 $72,400 $331,350
2017 $9,360 $353,740 $0 $0
2016 $8,760 $321,590 $0 $0
2015 $7,318 $245,770 $0 $0
2014 -- $213,270 $0 $0
2013 -- $209,180 $74,980 $134,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2072980

MIAMI REALTORS® MLS

APN: 50-42-34-05-0080