NOT LISTED FOR SALE

Estimated Value: $6,564,000 - $9,258,981

5 Beds
4.5 Baths
6,673 Sq Ft
$1,245/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $6,400,000 $959 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $57,200/month

321 Days on Market

Highlights

  • Property has ocean access
  • Property fronts an intracoastal waterway
  • 22,991 Sq Ft lot
  • Harbordale Elementary School Rated A-
  • Saltwater Pool
  • Canal View

About This Home

As of June 2021

Welcome to your own slice of paradise in the prestigious Rio Vista neighborhood! This interior point lot boasts 300' of water frontage, perfect for the avid boater. Meticulous attention to detail throughout, features include Asta Italian kitchen w/ marble countertops, office, cabana bath, family room, 2 air conditioned workshops & "mancave." Equipped w/ Crestron Smart Home system, controls are at your fingertips. All impact doors & windows. Master suite w/ balcony to enjoy the water views, dual walk-in closets & updated bathroom. Enjoy a resort style backyard w/ infinity pool, custom landscaping & lighting, pergola & fire pit. Truly a special property & the perfect place to enjoy the outdoors all year long!

Last Agent to Sell the Property

Tim Elmes

Compass Florida, LLC License #486943 Listed on: 06/24/2020

Compass Florida, LLC

Last Buyer's Agent

Alicia Levitan

Keller Williams Realty Profess License #3258553

Keller Williams Realty Profess

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $58,875

Year Built

  • Built in 1999

Lot Details

  • 0.53 Acre Lot
  • Property fronts an intracoastal waterway
  • North Facing Home
  • Property is zoned RS-4.4

Parking

  • 4 Car Attached Garage
  • Driveway

Home Design

  • Flat Roof Shape
  • Frame Construction
  • Tile Roof

Interior Spaces

  • 6,673 Sq Ft Home
  • 2-Story Property
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Bar
  • Family Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Utility Room
  • Canal Views
  • Impact Glass

Kitchen

  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Saltwater Pool
  • Property has ocean access
  • Canal Access
  • Seawall
  • Balcony
  • Deck
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Rio Vista Isles Subdivision

Listing and Financial Details

  • Assessor Parcel Number 504211220150

Home Details

Home Type

Single Family

Est. Annual Taxes

$58,875

Year Built

Built in 1999

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 1999
  • Architectural Style: Two Story
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Features, Dining Area, Separate/Formal Dining Room, First Floor Entry, Kitchen Island, Upper Level Master, Bar
  • Furnished: Negotiable
  • Appliances: Some Gas Appliances, Dryer, Dishwasher, Disposal, Microwave, Other, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Tile, Wood
  • Living Area: 6673.0
  • Dining Room Type: Den, Family Room, Laundry, Recreation, Utility Room
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony, Deck, Security/High Impact Doors, Lighting, Patio
  • View: Canal, Water
  • Lot Features: < 1/4 Acre
  • Pool Features: In Ground, Pool, Salt Water
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Beach Access, Canal Access, Dock Access, Intracoastal Access, Ocean Access, Seawall, Water Access
  • Waterfront: Yes
  • Construction Type: Block, Frame
  • Direction Faces: North
  • Patio And Porch Features: Balcony, Deck, Open, Patio
  • Property Condition: Resale
  • Roof: Flat, Tile

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Parcel #: 504211220150
  • Lot Size Sq Ft: 22991.0
  • Zoning Description: RS-4.4
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 58875.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2020
Closed on
Jun 10, 2021
Sold by
Farrell Joseph N and Farrell Marybeth B
Bought by
Alkosser David and Alkosser Alice
Seller's Agent
Tim Elmes
Compass Florida, LLC
Buyer's Agent
Alicia Levitan
Keller Williams Realty Profess
List Price
$7,495,000
Sold Price
$6,400,000
Premium/Discount to List
-$1,095,000
-14.61%
Current Estimated Value
$8,307,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,907,245
Avg. Annual Appreciation
5.46%
Original Mortgage
$4,160,000
Outstanding Balance
$3,807,131
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$4,206,865

Purchase Details

Closed on
Sep 19, 2012
Sold by
Farrell Joseph E and Farrell Mary Beth B
Bought by
Farrell Joseph E and Farrell Marybeth B

Purchase Details

Closed on
Feb 10, 2006
Sold by
Holder Scott
Bought by
Farrell Holdings Llc

Purchase Details

Closed on
Oct 27, 1994
Sold by
Broward Prop Inv Inc
Bought by
Farrell Joseph E and Farrell Marybeth B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
8.78%

Purchase Details

Closed on
Nov 24, 1993
Sold by
Parker Ralph W and Parker Ruth G
Bought by
Broward Prop Inv Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.81%
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
Alkosser David $6,400,000 Attorney
Farrell Joseph E -- Attorney
Farrell Holdings Llc $1,050,000 Attorney
Farrell Joseph E $350,000 --
Broward Prop Inv Inc $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alkosser David $4,160,000
Previous Owner Farrell Joseph E $2,600,000
Previous Owner Farrell Joseph E $2,500,000
Previous Owner Farrell Joseph E $2,500,000
Previous Owner Farrell Joseph E $1,000,000
Previous Owner Farrell Joseph $240,000
Previous Owner Farrell Joseph E $1,400,000
Previous Owner Farrell Joseph E $650,000
Previous Owner Farrell Joseph E $315,000
Previous Owner Broward Prop Inv Inc $245,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2021 06/11/21 Sold $6,400,000 -14.6% $959 / Sq Ft
05/12/2021 05/12/21 Pending -- -- --
06/24/2020 06/24/20 For Sale $7,495,000 -- $1,123 / 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 $144,274 $7,745,060 $2,299,100 $5,445,960
2024 $140,188 $7,745,060 $2,299,100 $5,445,960
2023 $140,188 $7,268,180 $0 $0
2022 $127,093 $6,829,370 $2,299,100 $4,530,270
2021 $60,014 $3,246,230 $0 $0
2020 $58,875 $3,201,420 $0 $0
2019 $57,710 $3,129,450 $0 $0
2018 $55,263 $3,071,100 $0 $0
2017 $55,068 $3,007,940 $0 $0
2016 $55,607 $2,946,080 $0 $0
2015 $42,022 $2,172,120 $0 $0
2014 $42,460 $2,154,890 $0 $0
2013 -- $2,805,610 $1,563,390 $1,242,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10235541

BeachesMLS (Greater Fort Lauderdale)

APN: 50-42-11-22-0150