NOT LISTED FOR SALE

Estimated Value: $351,000 - $501,000

-- Bed
2 Baths
1,053 Sq Ft
$423/Sq Ft Est. Value

Last Sold April 09, 2013

Last sale price $58,000 $55 Per Sq Ft

Est. 667% increase in value since last sale

Current estimated payment $2,878/month

22 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Carpet
  • Wall Furnace

About This Home

As of April 2013

Super Cheap Duplex, Located on a nice quiet street, each side is a 1/1 with 2 separate electric meter. Property needs minor work. Average Rents for a 1/1 are $650 a month, meaning this property could potentially generate $15,600 a year.

Last Listed By

David Runnebaum

United Realty Group Inc License #3222487 Listed on: 02/15/2013

United Realty Group Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $945

Year Built

  • Built in 1961

Lot Details

  • 3,746

Parking

  • 4 Parking Spaces

Home Design

  • Duplex

Interior Spaces

  • 1,053 Sq Ft Home
  • 1-Story Property
  • Carpet

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Cable TV Available

Community Details

  • 4 Units
  • Sec 35 48 42 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 484235001260

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$945

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: I95 TO ATLANTIC HEAD EAST, NORTH ON DIXIE HIGHWAY, LEFT ON 8TH STREET
  • Year Built: 1961
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet
  • Living Area: 1053.0

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available

Condo/Co-op/Association

  • HOA Rent Includes: None

Lot Info

  • Parcel #: 484235001260
  • Zoning Description: 08

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 945.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2013
Closed on
Apr 9, 2013
Sold by
Reef Properties Llc
Bought by
John Cliff
Seller's Agent
David Runnebaum
United Realty Group Inc
List Price
$69,900
Sold Price
$58,000
Premium/Discount to List
-$11,900
-17.02%
Total Days on Market
22
Current Estimated Value
$444,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$386,894
Avg. Annual Appreciation
16.90%

Purchase Details

Closed on
Feb 14, 2012
Sold by
Joseph Marie B Samson and Joseph Nixon
Bought by
Deutsche Bank Trust Company Americas

Purchase Details

Closed on
Jan 5, 2005
Sold by
Corrado Jennifer
Bought by
Joseph Nixon and Samson Joseph Marie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
5.61%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 30, 2003
Sold by
Frontier Properties Llc
Bought by
Corrado Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
7.7%
Mortgage Type
Commercial

Purchase Details

Closed on
May 9, 2002
Sold by
Community Acquisitions Lc
Bought by
Frontier Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
7.18%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 1, 1981
Sold by
Available Not
Bought by
Available Not
Source: Public Records

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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
John Cliff $58,000 Title Guaranty Of S Fl Inc
Deutsche Bank Trust Company Americas $10,300 None Available
Joseph Nixon $115,000 Main Street Title & Escrow
Corrado Jennifer $110,000 Floridian Title Inc
Frontier Properties Llc $61,000 First American Title Ins Co
Community Acquisitions Lc $48,500 First American Title Ins Co
Available Not $8,727 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Joseph Nixon $103,500
Previous Owner Corrado Jennifer $99,000
Previous Owner Frontier Properties Llc $61,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2013 04/09/13 Sold $58,000 -17.0% $55 / Sq Ft
03/10/2013 03/10/13 Pending -- -- --
02/15/2013 02/15/13 For Sale $69,900 -- $66 / 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 $4,644 $144,570 -- --
2024 $4,133 $144,570 -- --
2023 $4,133 $119,490 $0 $0
2022 $3,485 $108,630 $0 $0
2021 $2,805 $98,760 $0 $0
2020 $2,437 $117,810 $22,500 $95,310
2019 $2,243 $102,340 $22,500 $79,840
2018 $1,939 $78,790 $22,500 $56,290
2017 $1,683 $67,470 $0 $0
2016 $1,523 $61,340 $0 $0
2015 $1,428 $55,770 $0 $0
2014 $1,337 $51,120 $0 $0
2013 -- $35,910 $22,500 $13,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F1225252

BeachesMLS (Greater Fort Lauderdale)

APN: 48-42-35-00-1260