NOT LISTED FOR SALE

1470 NW 22nd Ct Unit 1-3 Fort Lauderdale, FL 33311

Lauderdale Manors Neighborhood

Estimated Value: $502,000 - $630,000

-- Bed
-- Bath
2,766 Sq Ft
$209/Sq Ft Est. Value

Last Sold February 22, 2023

Last sale price $467,500 $169 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,957/month

42 Days on Market

Highlights

  • Tile Flooring
  • Central Heating and Cooling System
  • Fenced

About This Home

As of February 2023

SOLD AS IS : Located in an OPPORTUNITY ZONE! - EXCELLENT TAX INCENTIVES FOR INVESTORS ! Here is a great opportunity to own a rarely available Triplex in a nice area. Units are rented BELOW MARKET.. Property is located near the MILLS POND PARK.This property CAN BE SOLD SEPARATELY BUT PREFERABLY TOGETHER WITH 1460 NW 22ND CT, for a Combined price of $1,100,000.00.CONFIRM SHOWINGS ON Thursdays from 2PM to 6PM and Sundays From 1 PM to 4 PM. New Showing hours can be arranged by appointment Only.

Last Agent to Sell the Property

Frederick Schmidt

Cornerstone Realty Inc. License #77550 Listed on: 12/18/2022

Co-Listed By

Isabel Almonte

Cornerstone Realty Inc. License #3339188

Last Buyer's Agent

Isabel Almonte

Cornerstone Realty Inc. License #3339188

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,708

Year Built

  • Built in 1976

Lot Details

  • 7,500 Sq Ft Lot
  • Fenced

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,766 Sq Ft Home
  • 1-Story Property

Flooring

  • Concrete
  • Tile

Schools

  • Sunland Park Elementary School
  • Dillard High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 494228190210

Community Details

Overview

  • 3 Units
  • Ft Lauderdale Estates 1St Subdivision

Building Details

  • Operating Expense $13,060
  • Net Operating Income $13,340

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,708

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: Take Tpke South/Miami, Exit 67-Coconut Creek, Left on Atlantic Blvd, Right on Powerline, Right on NW 19th St, Right non NW 15th St, Right on NW 22 22nd Ct.
  • Year Built: 1976
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Private Spa: No
  • Flooring: Concrete, Tile
  • Living Area: 2766.0

Exterior Features

  • Exterior Features: Fence
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Schools

  • Elementary School: Sunland Park
  • High School: Dillard High

Lot Info

  • Parcel #: 494228190210
  • Lot Size Sq Ft: 7500.0
  • Zoning Description: RML-25
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 13340.0
  • Number Of Units Total: 3
  • Annual Operating Expense: 13060.0

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4708.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2022
Closed on
Feb 17, 2023
Sold by
Roy T Ramsey Revocable Living Trust and Ramsey Gregory T
Bought by
1460 Nw 22 Llc
Seller's Agent
Frederick Schmidt
Cornerstone Realty Inc.
Buyer's Agent
Isabel Almonte
Cornerstone Realty Inc.
List Price
$550,000
Sold Price
$467,500
Premium/Discount to List
-$82,500
-15%
Views
275
Current Estimated Value
$577,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,031
Avg. Annual Appreciation
8.97%
Original Mortgage
$440,300
Interest Rate
6.33%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 9, 2020
Sold by
Ramsey Roy T
Bought by
Ramsey Roy T and The Roy T Ramsey Revocable Liv
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
1460 Nw 22 Llc $467,500 None Listed On Document
Ramsey Roy T -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1460 Nw 22 Llc $540,000
Closed 1460 Nw 22 Llc $440,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2023 02/22/23 Sold $467,500 -15.0% $169 / Sq Ft
01/30/2023 01/30/23 Pending -- -- --
12/18/2022 12/18/22 For Sale $550,000 -- $199 / 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 $9,715 $435,400 $45,000 $390,400
2024 $8,439 $419,790 $45,000 $374,790
2023 $8,439 $350,830 $45,000 $305,830
2022 $4,708 $164,820 $0 $0
2021 $4,586 $153,540 $0 $0
2020 $4,252 $216,450 $0 $0
2019 $3,383 $207,360 $0 $0
2018 $3,056 $206,320 $0 $0
2017 $3,007 $119,020 $0 $0
2016 $2,899 $111,990 $0 $0
2015 $2,726 $106,230 $0 $0
2014 $2,579 $100,920 $0 $0
2013 -- $128,930 $45,000 $83,930
Source: Public Records

Agents Affiliated with this Home

  • Frederick Schmidt

    Seller's Agent in 2023

    Frederick Schmidt

    Cornerstone Realty Inc.

    (561) 714-4130

    3 in this area

    8 Total Sales

    Section Image
  • Isabel Almonte

    Seller Co-Listing Agent in 2023

    Isabel Almonte

    Cornerstone Realty Inc.

    (561) 632-6077

    3 in this area

    6 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10852891

BeachesMLS

APN: 49-42-28-19-0210

Florida Broward County Fort Lauderdale 33311 Lauderdale Manors

1470 NW 22nd Ct Unit 1-3, Fort Lauderdale, FL

This home is located at 1470 NW 22nd Ct Unit 1-3, Fort Lauderdale, FL 33311 since 18 December 2022 and is currently estimated at $577,531, approximately $208 per square foot. This property was built in 1976. 1470 NW 22nd Ct Unit 1-3 is a home located in Broward County with nearby schools including Sunland Park Academy, Thurgood Marshall Elementary School, and William Dandy Middle 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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