NOT LISTED FOR SALE

Estimated Value: $1,378,339 - $1,602,000

-- Bed
8 Baths
5,798 Sq Ft
$259/Sq Ft Est. Value

Last Sold May 01, 2017

Last sale price $719,000 $124 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $9,717/month

22 Days on Market

Highlights

  • Water Views
  • Patio
  • Central Heating and Cooling System
  • Binks Forest Elementary School Rated A-
  • Ceramic Tile Flooring
  • Ceiling Fan

About This Home

As of May 2017

WELL MAINTAINED FULLY OCCUPIED 4/PLEX IN DESIRABE WELLINGTON ACROSS FROM SHOPPING. MIDWAY BETWEEN ALL SCHOOLS. ANNUAL LEASES IN PLACE WITH DEPOSITS. OVER 20 YEARS OF TENANCY. 4 BEDROOM/2BATH EACH UNIT. 1400+ S/F EACH UNIT. OWNER MOTIVATED. WILL CONSIDER ALL REASONABLE OFFERS. FULL INSPECTION AVAILABLE UPON CONTRACT. DO NOT APPROACH TENANTS PRIOR.

Last Agent to Sell the Property

Charles Langston

Florida Real Assist Inc License #692792 Listed on: 03/09/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,119

Year Built

  • Built in 1990

Lot Details

  • 0.32

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 5,798 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Single Hung Metal Windows
  • Water Views

Flooring

  • Carpet
  • Ceramic Tile

Schools

  • Horizon Elementary School

Utilities

  • Central Heating and Cooling System
  • Heat Strip
  • Cable TV Available

Additional Features

  • Patio
  • 0.32 Acre Lot

Listing and Financial Details

  • Total Actual Rent $74,976
  • Rent includes electricity, sewer, water
  • Assessor Parcel Number 73414404010610090

Community Details

Overview

  • 4 Units
  • Sugar Pond Manor Of Welli Subdivision

Building Details

  • Operating Expense $15,614
  • Net Operating Income $59,362

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,119

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: FOREST HILL BLVD TO WELLINGTON TRACE TO GREENVIEW SHORES TO PERRIWINKLE TO LILY CT.
  • Year Built: 1990
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Living Area: 5798.0
  • Window Features: Metal, Single Hung

Exterior Features

  • Exterior Features: Patio
  • View: Other, Water
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Strip
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Sewer, Water
  • Senior Community: No
  • Association Fee Frequency: Monthly

Schools

  • Elementary School: Horizon

Lot Info

  • Parcel #: 73414404010610090
  • Lot Size Sq Ft: 14056.0
  • Zoning Description: WELL_P
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 59362.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 15614.0
  • Total Actual Rent: 74976.0

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 10119.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2017
Closed on
May 12, 2017
Sold by
Acar Tolga and Gurses Selin
Bought by
Acar Fi Llc
Seller's Agent
Charles Langston
Florida Real Assist Inc
List Price
$839,000
Sold Price
$719,000
Premium/Discount to List
-$120,000
-14.3%
Current Estimated Value
$1,501,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$782,835
Avg. Annual Appreciation
7.89%
Original Mortgage
$539,250
Outstanding Balance
$455,050
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$899,097

Purchase Details

Listed on
Mar 9, 2017
Closed on
May 1, 2017
Sold by
Langston Charles David
Bought by
Acar Tolga and Acar Selin Gurses
Seller's Agent
Charles Langston
Florida Real Assist Inc
List Price
$839,000
Sold Price
$719,000
Premium/Discount to List
-$120,000
-14.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$539,250
Outstanding Balance
$455,050
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$899,097

Purchase Details

Closed on
Jan 28, 2013
Sold by
Langston Charles David
Bought by
Langston Charles David

Purchase Details

Closed on
Oct 1, 2003
Sold by
Elliott Richard C and Elliott Patricia A
Bought by
Kurtz Ann P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,750
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
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
Acar Fi Llc -- Attorney
Acar Tolga $719,000 First American Title Ins Co
Langston Charles David -- Attorney
Kurtz Ann P $575,000 Flagler Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Acar Tolga $539,250
Previous Owner Kurtz Ann P $566,000
Previous Owner Kurtz Ann P $488,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2017 05/01/17 Sold $719,000 -14.3% $124 / Sq Ft
04/01/2017 04/01/17 Pending -- -- --
03/09/2017 03/09/17 For Sale $839,000 -- $145 / 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
2024 $18,583 $851,263 -- --
2023 $17,726 $773,875 $229,273 $742,982
2022 $16,236 $703,523 $0 $0
2021 $14,272 $681,123 $120,000 $561,123
2020 $13,112 $628,308 $126,000 $502,308
2019 $11,857 $528,567 $126,000 $402,567
2018 $11,639 $532,090 $111,425 $420,665
2017 $10,433 $497,798 $101,295 $396,503
2016 $10,119 $407,647 $0 $0
2015 $9,183 $370,588 $0 $0
2014 $8,460 $336,898 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10315029

BeachesMLS

APN: 73-41-44-04-01-061-0090