NOT LISTED FOR SALE

1607 NE 15th Ave Fort Lauderdale, FL 33305

Poinsettia Heights Neighborhood

Estimated Value: $731,806 - $811,000

-- Bed
-- Bath
2,302 Sq Ft
$335/Sq Ft Est. Value

Last Sold June 17, 2020

Last sale price $501,000 $218 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $5,195/month

60 Days on Market

Highlights

  • Deck
  • Tile Flooring
  • Laundry Facilities
  • Fort Lauderdale High School Rated A
  • Central Air
  • Fenced

About This Home

As of June 2020

Investors, AirBNB or owner occupied investor property match. Rare detached 3-units in Poinsettia Heights/Wilton
Manors area. Huge front 2 bed / 2 bath unit with additional 'Florida Room' completely renovated. Ceramic tiles,
granite countertops, stainless steel appliances and beautiful flooring. Dining area, new Central AC (2016). Common
cookout, shaded seating, lounging area & laundry for both front unit and back two units to share. Large 1 bed / 1
bath with similar style renovation upgrades as front 2/2 unit. Spacious Studio unit with tile flooring and full kitchen.
Strong long term rental hold with 8% market cap or ideal centralized AirBNB location that pushes north of a 10%
cap.

Last Agent to Sell the Property

Thomas Swartzbaugh

Arbor Residential License #3380778 Listed on: 03/18/2020

Last Buyer's Agent

Tamara Irvine

Adina Kadin Realty License #3357267

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,995

Year Built

  • Built in 1954

Lot Details

  • 6,882

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Flat Roof Shape
  • Tile Roof

Interior Spaces

  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Air
  • Cable TV Available

Additional Features

  • Deck
  • Fenced

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 494235070060

Community Details

Overview

  • 3 Units
  • Allenwood Add 30 2 B Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,995

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Year Built: 1954
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile

Exterior Features

  • Exterior Features: Deck, Fence, Lighting
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Deck
  • Property Condition: Resale
  • Roof: Flat, Tile

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Other
  • Sewer: Public Sewer
  • Utilities: Cable Available

Condo/Co-op/Association

  • HOA Rent Includes: Water
  • Community Features: Laundry Facilities

Lot Info

  • Parcel #: 494235070060
  • Zoning Description: RD-15

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5995.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2020
Closed on
Jun 17, 2020
Sold by
Hall Vaneesa
Bought by
Smith Zahra A
Seller's Agent
Thomas Swartzbaugh
Arbor Residential
Buyer's Agent
Tamara Irvine
Adina Kadin Realty
List Price
$509,000
Sold Price
$501,000
Premium/Discount to List
-$8,000
-1.57%
Current Estimated Value
$771,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,403
Avg. Annual Appreciation
8.39%
Original Mortgage
$491,910
Outstanding Balance
$436,041
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$335,362

Purchase Details

Listed on
Aug 5, 2016
Closed on
Sep 30, 2016
Sold by
Rose Carol R
Bought by
Hall Veneesa N
Seller's Agent
Sarah Regansdorf
Town Real Estate
List Price
$349,000
Sold Price
$335,000
Premium/Discount to List
-$14,000
-4.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.43%
Original Mortgage
$328,932
Interest Rate
3.43%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 12, 1995
Sold by
Rose David Donald
Bought by
Rose Carol R
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
Smith Zahra A $501,000 American Ttl & Abstract Svcs
Hall Veneesa N $335,000 None Available
Rose Carol R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Zahra A $491,910
Previous Owner Hall Veneesa N $328,932
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/17/2020 06/17/20 Sold $501,000 -1.6% $218 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
03/18/2020 03/18/20 For Sale $509,000 +51.9% $221 / Sq Ft
09/30/2016 09/30/16 Sold $335,000 -4.0% $142 / Sq Ft View Prior Sale
08/31/2016 08/31/16 Pending -- -- --
08/05/2016 08/05/16 For Sale $349,000 -- $148 / 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 $13,648 $683,140 $37,940 $645,200
2024 $12,471 $651,000 $55,180 $595,820
2023 $12,471 $565,140 $55,180 $509,960
2022 $9,189 $445,360 $55,180 $390,180
2021 $9,453 $460,320 $55,180 $405,140
2020 $6,834 $320,490 $0 $0
2019 $5,995 $313,290 $55,180 $258,110
2018 $5,821 $319,530 $0 $0
2017 $5,790 $312,960 $0 $0
2016 $2,175 $91,500 $0 $0
2015 $2,022 $88,550 $0 $0
2014 $1,978 $85,770 $0 $0
2013 -- $116,240 $52,780 $63,460
Source: Public Records

Agents Affiliated with this Home

  • Thomas Swartzbaugh

    Seller's Agent in 2020

    Thomas Swartzbaugh

    Arbor Residential

    (954) 451-8666

    15 Total Sales

    Thomas Swartzbaugh
    Section Image

  • T

    Buyer's Agent in 2020

    Tamara Irvine

    Adina Kadin Realty

    (954) 328-2611

    5 Total Sales

    Tamara Irvine
    Section Image

  • S

    Seller's Agent in 2016

    Sarah Regansdorf

    Town Real Estate

    (954) 873-1300

    2 in this area

    39 Total Sales

    Sarah Regansdorf
    Section Image
  • Justin Greenbaum

    Seller Co-Listing Agent in 2016

    Justin Greenbaum

    Town Real Estate

    (954) 465-7923

    8 Total Sales

    Justin Greenbaum
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10220713

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-35-07-0060

Florida Broward County Fort Lauderdale 33304 Poinsettia Heights

1607 NE 15th Ave, Fort Lauderdale, FL

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