NOT LISTED FOR SALE

1240 NE 17th Ave Fort Lauderdale, FL 33304

Lake Ridge Neighborhood

Estimated Value: $853,000 - $1,261,000

0.2 Acre
$5,287,170 Price per Acre
8,740 Sq Ft Lot

Last Sold October 15, 2019

Last sale price $325,000 $278 Per Sq Ft

Est. 225% increase in value since last sale

Current estimated payment $7,617/month

40 Days on Market

About This Lot

As of October 2019

As one of the last available lots in the area, this is a rare opportunity to become a land owner and developer of this prime location in Lake Ridge, nested near single and multi-family community. This land is zoned RC 15 for multi-family residential builds. Located across street from Sunrise Middle School, 4 blocks from Federal Hwy, close to Victoria Park and Flagler Village.This corner lot 1240 NE 17th Ave measures 65,33' x 135' asking $299,000. The adjacent lot 1238 NE 17th Ave measures 54.67' x 135' is also for sale asking $299,000. You can buy both for $590,000 Seller has development plans for 2 duplexes that can be provided as part of the deal. New build townhouses above 2,500 sqft were sold for above $670K per townhouse in that area.

Last Agent to Sell the Property

Elena Kotegova

Realty Investments Group LLC License #3373971 Listed on: 08/05/2019

Last Buyer's Agent

Maria Olskaia

Realty Investments Group LLC License #3348940

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $898

Lot Details

  • 8,740 Sq Ft Lot
  • East Facing Home
  • Site Plan Filed
  • Property is zoned RC-15

Location

  • City Lot

Schools

  • Bennett Elementary School
  • Sunrise Middle School
  • Fort Lauderdale High School

Community Details

  • Lake Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 494235220140

Property Details

Property Type

Land

Est. Annual Taxes

$898

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: East of NE 13th Street.
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: City Lot, < 1/4 Acre
  • Waterfront: No
  • Direction Faces: East

Schools

  • Elementary School: Bennett
  • High School: Fort Lauderdale
  • Middle Or Junior School: Sunrise

Lot Info

  • Parcel #: 494235220140
  • Development Status: Site Plan Filed
  • Lot Size Acres: 0.2
  • Lot Size: 65
  • Lot Size Sq Ft: 8740.0
  • Zoning Description: RC-15
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 898.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2024
Sold by
Iqoob A Corp
Bought by
Glace 2023 Revocable Trust and Semenov
Current Estimated Value
$1,057,434

Purchase Details

Listed on
Aug 5, 2019
Closed on
Oct 15, 2019
Sold by
First C & D Inc
Bought by
Iqoob A Corp
Seller's Agent
Elena Kotegova
Realty Investments Group LLC
Buyer's Agent
Maria Olskaia
Realty Investments Group LLC
List Price
$299,000
Sold Price
$325,000
Premium/Discount to List
$26,000
8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.88%

Purchase Details

Listed on
Sep 5, 2018
Closed on
Mar 25, 2019
Sold by
Orange Brick Homes Llc
Bought by
First C & D Inc
Seller's Agent
Eddie Gurovich
EXP Realty LLC
Buyer's Agent
Elena Kotegova
Realty Investments Group LLC
List Price
$583,000
Sold Price
$430,000
Premium/Discount to List
-$153,000
-26.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-38.81%

Purchase Details

Closed on
Mar 29, 2018
Sold by
Sengul Gurkan
Bought by
Orange Brick Llc

Purchase Details

Closed on
Apr 27, 2017
Sold by
Sunscape Group Llc
Bought by
Sengul Gurkan

Purchase Details

Closed on
May 29, 2013
Sold by
Edewaard Devel Co Llc
Bought by
Sunscape Group Llc

Purchase Details

Closed on
Jul 12, 2012
Sold by
Edewaard Development Co Llc
Bought by
Quick Capital Of L I Corp

Purchase Details

Closed on
May 9, 2005
Sold by
Potenti Alessandro and Potenti Veronica
Bought by
Edewaard Development Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
5.98%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 29, 2003
Sold by
Horkheimer Margaret
Bought by
Potenti Alessandro and Potenti Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 1, 2003
Sold by
Roseman Paul
Bought by
Horkheimer Margee and Potenti Alessandro

Purchase Details

Closed on
May 28, 2003
Sold by
Carlson Grafton N
Bought by
Roseman Paul
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
Glace 2023 Revocable Trust -- None Listed On Document
Iqoob A Corp $325,000 Zing Title Agency Inc
First C & D Inc $430,000 Attorney
Orange Brick Llc -- Attorney
Sengul Gurkan $192,500 Attorney
Sunscape Group Llc -- None Available
Quick Capital Of L I Corp -- None Available
Edewaard Development Co Llc $350,000 --
Potenti Alessandro -- Southeast Fl Lawyers Title
Horkheimer Margee $192,000 --
Roseman Paul $146,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Edewaard Development Co Llc $262,500
Previous Owner Potenti Alessandro $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2019 10/15/19 Sold $325,000 +8.7% $278 / Sq Ft
09/15/2019 09/15/19 Pending -- -- --
08/05/2019 08/05/19 For Sale $299,000 -30.5% $256 / Sq Ft
03/22/2019 03/22/19 Sold $430,000 -26.2% $368 / Sq Ft
02/20/2019 02/20/19 Pending -- -- --
09/05/2018 09/05/18 For Sale $583,000 -- $499 / 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
2025 $22,255 $1,140,740 $26,220 $1,114,520
2024 $20,464 $1,140,740 $26,220 $1,114,520
2023 $20,464 $1,021,400 $26,220 $995,180
2022 $4,000 $209,760 $209,760 $0
2021 $5,301 $279,680 $279,680 $0
2020 $5,274 $279,680 $279,680 $0
2019 $4,061 $218,500 $218,500 $0
2018 $6,254 $344,460 $344,460 $0
2017 $898 $48,630 $0 $0
2016 $486 $25,530 $0 $0
2015 $501 $25,530 $0 $0
2014 $850 $42,550 $0 $0
2013 -- $225,050 $42,550 $182,500
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2019

    Elena Kotegova

    Realty Investments Group LLC

    (561) 430-8637

    Elena Kotegova
    Section Image
  • Eddie Gurovich

    Seller's Agent in 2019

    Eddie Gurovich

    EXP Realty LLC

    (954) 667-8487

    25 Total Sales

    Eddie Gurovich
    Section Image
  • Maria Olskaia

    Buyer's Agent in 2019

    Maria Olskaia

    Realty Investments Group LLC

    (415) 710-4916

    1 in this area

    79 Total Sales

    Maria Olskaia
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10552000

BeachesMLS

APN: 49-42-35-22-0140

Florida Broward County Fort Lauderdale 33304 Lake Ridge

1240 NE 17th Ave, Fort Lauderdale, FL

This home is located at 1240 NE 17th Ave, Fort Lauderdale, FL 33304 since 05 August 2019 and is currently estimated at $1,057,434, approximately $905 per square foot. 1240 NE 17th Ave is a home located in Broward County with nearby schools including Bennett Elementary School, Sunrise Middle School, and Fort Lauderdale High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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