NOT LISTED FOR SALE

Estimated Value: $1,134,000 - $1,188,000

Studio
4 Baths
2,688 Sq Ft
$435/Sq Ft Est. Value

Sale Details

Date Sold: December 14, 2015

Last sale price $225,000 $84 Per Sq Ft

Est. 419% increase in value since last sale

Current estimated payment $7,151 / mo

14 Days on Market

Highlights

  • No HOA
  • Terrazzo Flooring
  • 2-minute walk to Dr Rev JWH Thomas Jr Park
  • Interior Lot
  • Heating Available

About This Home

As of December 2015

As-Is Cash Investment Opportunity in Sought After Delray Beach. 3 of 4 units are vacant. All units need updating.

Last Agent to Sell the Property

Tammy Anderson

BrightStar Real Estate Group License #532388 Listed on: 10/26/2015

Last Buyer's Agent

Tammy Anderson

BrightStar Real Estate Group License #532388 Listed on: 10/26/2015

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,951

Year Built

  • Built in 1966

Lot Details

  • 6,788 Sq Ft Lot
  • Interior Lot
  • Paved or Partially Paved Lot

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 4 Bathrooms
  • 2,688 Sq Ft Home
  • 2-Story Property

Flooring

  • Parquet
  • Linoleum
  • Terrazzo

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Three-Phase Power

Listing and Financial Details

  • Tenant pays for electricity, water
  • Assessor Parcel Number 12434617380000430

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Lincoln Park Subdivision

Building Details

  • Gross Income $36,000
  • Net Operating Income $28,365

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,951

Year Built

Built in 1966

Lot Details

6,788 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: One and a half blocks South of Atlantic Avenue on SW. 8th AVE. West side of street
  • Year Built: 1966
  • Unit Levels: Two
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Linoleum, Parquet, Terrazzo
  • Living Area: 2688.0

Exterior Features

  • Exterior Features: None
  • Lot Features: Interior Lot, < 1/4 Acre
  • Pool Private: No
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Roof: Composition

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Multiple Meters, Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association: No

Lot Info

  • Parcel #: 12434617380000430
  • Lot Size Acres: 0.16
  • Lot Size: 50.0 ft x 136.0 ft
  • Mobile Dim Units: Feet
  • Zoning: RM

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Property Net Operating Income: 28365.0
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 36000.0

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2950.64

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2015
Closed on
Dec 11, 2015
Sold by
Bought by
Seller's Agent
Tammy Anderson
BrightStar Real Estate Group
Buyer's Agent
Tammy Anderson
BrightStar Real Estate Group
List Price
$230,000
Sold Price
$225,000
Premium/Discount to List
-$5,000
-2.17%
Current Estimated Value
$1,168,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$943,667
Avg. Annual Appreciation
16.65%
Original Mortgage
$100,000
Outstanding Balance
$77,484
Interest Rate
4%
Mortgage Type
Seller Take Back
Estimated Equity
$1,091,183
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$242,000 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/14/2015 12/14/15 Sold $225,000 -2.2% $84 / Sq Ft
11/14/2015 11/14/15 Pending -- -- --
10/25/2015 10/25/15 For Sale $230,000 -- $86 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,884 $453,253
2024 $8,884 $412,048
2023 $8,426 $374,589 $175,960 $331,649
2022 $7,384 $340,535 $0 $0
2021 $6,730 $311,265 $62,500 $248,765
2020 $6,252 $289,355 $58,000 $231,355
2019 $5,898 $277,125 $53,000 $224,125
2018 $5,165 $232,590 $54,232 $178,358
2017 $4,828 $211,540 $36,155 $175,385
2016 $4,568 $193,440 $0 $0
2015 $3,140 $113,688 $0 $0
2014 $2,951 $103,353 $0 $0
Source: Public Records

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10178903

BeachesMLS (Greater Fort Lauderdale)

APN: 12-43-46-17-38-000-0430

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