NOT LISTED FOR SALE

Estimated Value: $503,071 - $572,000

4 Beds
4 Baths
1,950 Sq Ft
$278/Sq Ft Est. Value

Last Sold April 12, 2022

Last sale price $460,000 $236 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,691/month

113 Days on Market

Highlights

  • Water Views
  • Ceramic Tile Flooring
  • 3-minute walk to Goodmark Park
  • Cooling System Mounted To A Wall/Window

About This Home

As of April 2022

THIS IS A MUST SEE!! TOTALLY RENOVATED!! THIS 4PLEX WILL KNOCK YOUR SOCKS OFF! EACH UNIT IS A 1/1 AND HAS THEIR OWN ELECTRIC AND WATER METERS!! TENANTS ARE RESPONSIBLE FOR ALL UTILITIES , EACH UNIT HAS NEW SPLIT AC UNIT AND A NEW WATER HEATER - EACH UNIT RENTED FOR $1100 MONTH - BRINGING $4400 GROSS MONTH - GOI $52,800. property management is available for your buyer

Last Agent to Sell the Property

Dror Gerges

Leader Realty License #3433619 Listed on: 11/19/2021

Last Buyer's Agent

Dror Gerges

Leader Realty License #3433619 Listed on: 11/19/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,578

Year Built

  • Built in 1964

Lot Details

  • 8,571

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,950 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Ceramic Tile Flooring
  • Water Views

Additional Features

  • 8,571 Sq Ft Lot
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Assessor Parcel Number 56434229020070270

Community Details

Overview

  • 4 Units
  • Acrehome Park First Add Subdivision

Building Details

  • Operating Expense $6,000
  • Net Operating Income $42,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,578

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: PROPERTY IS LOCATED 1/2 MILE EAST OF CONGRESS AND ONE BLOCK SOUTH OF SILVER BEACH ROAD
  • Year Built: 1964
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1950.0
  • Window Features: Blinds

Exterior Features

  • View: Other, Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 56434229020070270
  • Lot Size Sq Ft: 8571.0
  • Zoning Description: RS-8
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 42000.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 6000.0

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4578.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2021
Sold by
Grdy Investments Llc
Bought by
Profix 2000 Llc
Current Estimated Value
$541,268

Purchase Details

Closed on
Dec 16, 2020
Sold by
The Bank Of Newyork Mellon
Bought by
Grdy Investments Llc

Purchase Details

Closed on
Dec 31, 2019
Sold by
Yates Kenneth Marlin
Bought by
Tile Bank Of New York Mellon and The Certificateholders Of The Cwalt Inc

Purchase Details

Closed on
Nov 27, 2006
Sold by
Lambert Danny
Bought by
Yates Kenneth Marlin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,260
Interest Rate
6.33%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 24, 2006
Sold by
Rucker David W
Bought by
Lambert Danny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.05%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 11, 2001
Sold by
Benge/Rucker Partnership
Bought by
Rucker David W

Purchase Details

Closed on
Aug 23, 1996
Sold by
Benge Charles and Benge Rusker W
Bought by
Benge/Rucker Partnership

Purchase Details

Closed on
May 6, 1996
Sold by
Linel Corp
Bought by
Benge Charles and Rucker David W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,750
Interest Rate
7.77%
Mortgage Type
Balloon
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
Profix 2000 Llc -- Florida Title Center Llc
Grdy Investments Llc $221,025 Avenue 365 Lender Svcs Llc
Tile Bank Of New York Mellon $133,000 None Available
Yates Kenneth Marlin $249,000 Castles Title Group Lc
Lambert Danny $200,000 None Available
Rucker David W -- --
Benge/Rucker Partnership $100 --
Benge Charles $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Y2 Holdings Llc $3,600,000
Previous Owner Yates Kenneth Marlin $184,260
Previous Owner Lambert Danny $150,000
Previous Owner Rucker David W $94,200
Previous Owner Benge Charles $118,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2022 04/12/22 Sold $460,000 -13.0% $236 / Sq Ft
03/13/2022 03/13/22 Pending -- -- --
11/19/2021 11/19/21 For Sale $529,000 -- $271 / 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 $8,904 $411,280 -- --
2023 $8,336 $381,836 $58,800 $323,036
2022 $5,750 $252,924 $0 $0
2021 $4,578 $192,562 $25,600 $166,962
2020 $3,721 $152,207 $20,800 $131,407
2019 $2,554 $133,709 $17,600 $116,109
2018 $2,164 $102,626 $17,069 $85,557
2017 $1,972 $84,998 $13,130 $71,868
2016 $1,770 $60,328 $0 $0
2015 $1,677 $54,844 $0 $0
2014 $1,660 $49,858 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10760157

BeachesMLS

APN: 56-43-42-29-02-007-0270