NOT LISTED FOR SALE

1618 NE 25th St Wilton Manors, FL 33305

Estimated Value: $782,365 - $1,175,000

3 Beds
3 Baths
2,053 Sq Ft
$456/Sq Ft Est. Value

Last Sold May 17, 2017

Last sale price $392,000 $191 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $6,000/month

75 Days on Market

Highlights

  • Room in yard for a pool
  • Wood Flooring
  • Impact Glass
  • Fort Lauderdale High School Rated A
  • Porch
  • Open Patio

About This Home

As of May 2017

This is a well maintained property with large clean and updated units in east Wilton Manors. Both units have impact windows and doors, new central air conditioning, walk in closets and a washer & dryer inside each unit. Wood flooring in the 1/1 and tile flooring in the 2/2. Long term tenants paying month to month.

Last Agent to Sell the Property

Sindi Samis

Coral Shores Realty License #626190 Listed on: 01/31/2017

Last Buyer's Agent

Michael Marvici

RE/MAX Experience License #3015514

RE/MAX Experience

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,644

Year Built

  • Built in 1958

Lot Details

  • Sprinkler System

Parking

  • 5 Parking Spaces

Home Design

  • Duplex
  • Flat Roof Shape
  • Tile Roof

Interior Spaces

  • 2,053 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Impact Glass

Flooring

  • Wood
  • Tile

Outdoor Features

  • Room in yard for a pool
  • Open Patio
  • Shed
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Rent includes gardener
  • Assessor Parcel Number 494226310020

Community Details

Overview

  • 2 Units
  • Reid Terrace Resub 44 23 Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,644

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: NE 26th Street to NE 16th avenue - South to NE 25th Street - East to property on the right
  • Year Built: 1958
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile, Wood
  • Living Area: 2053.0
  • Window Features: Blinds, Impact Glass

Exterior Features

  • Exterior Features: Security/High Impact Doors, Lighting, Porch, Room For Pool, Shed
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Open, Porch
  • Property Condition: Resale
  • Roof: Flat, Tile

Garage/Parking

  • Total Parking Spaces: 5.0

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 494226310020
  • Zoning Description: RD-10

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 6644.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2013
Closed on
Jan 27, 2014
Sold by
Wilton Manors Property Management Llc
Bought by
King Peanut Real Estate Llc
Seller's Agent
Steven Schwartz
Atlantic Properties Int'l Inc
Buyer's Agent
Sindi Samis
Coral Shores Realty
List Price
$300,000
Sold Price
$300,000
Current Estimated Value
$935,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$635,591
Avg. Annual Appreciation
10.15%

Purchase Details

Closed on
Aug 8, 2013
Sold by
Schwartz Steven D
Bought by
Wilton Manhors Property Management Llc

Purchase Details

Closed on
Sep 7, 2012
Sold by
Schwartz Steven D
Bought by
Christenbury Otis J

Purchase Details

Closed on
Sep 13, 2005
Sold by
Schwartz Steven D and Christenbury Otis J
Bought by
Schwartz Steven D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 30, 2003
Sold by
Christenbury Otis J
Bought by
Christenbury Otis J and Schwartz Steven D

Purchase Details

Closed on
Oct 10, 2003
Sold by
St Charles William N
Bought by
Christenbury Otis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Interest Rate
6.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 18, 2000
Sold by
Cervoni Salvatore and Persichilli John
Bought by
St Charles William N

Purchase Details

Closed on
Apr 1, 1986
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
King Peanut Real Estate Llc $300,000 Title Partners Of S Fl Inc
Wilton Manhors Property Management Llc -- Attorney
Schwartz Steven D $75,000 Attorney
Christenbury Otis J -- Attorney
Schwartz Steven D -- Lexant Title
Christenbury Otis J -- --
Christenbury Otis J $175,000 Title Partners Of S Fl Inc
St Charles William N $134,000 --
-- $7,142 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schwartz Steven D $35,000
Previous Owner Christenbury Otis J $166,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/17/2017 05/17/17 Sold $392,000 -14.8% $191 / Sq Ft
04/17/2017 04/17/17 Pending -- -- --
01/31/2017 01/31/17 For Sale $460,000 +53.3% $224 / Sq Ft
01/27/2014 01/27/14 Sold $300,000 0.0% $146 / Sq Ft View Prior Sale
12/30/2013 12/30/13 For Sale $300,000 -- $146 / 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 $13,235 $633,520 -- --
2024 $12,003 $633,520 -- --
2023 $12,003 $523,580 $0 $0
2022 $10,958 $475,990 $0 $0
2021 $9,516 $432,720 $0 $0
2020 $8,495 $393,390 $55,220 $338,170
2019 $8,129 $375,550 $55,220 $320,330
2018 $8,679 $403,920 $55,220 $348,700
2017 $7,193 $313,550 $0 $0
2016 $6,644 $285,050 $0 $0
2015 $6,090 $259,140 $0 $0
2014 $5,535 $232,110 $0 $0
2013 -- $215,280 $55,220 $160,060
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Sindi Samis

    Coral Shores Realty

  • Michael Marvici

    Buyer's Agent in 2017

    Michael Marvici

    RE/MAX

    (954) 298-1645

    10 in this area

    36 Total Sales

    Michael Marvici
    Section Image
  • Evan Smith

    Buyer Co-Listing Agent in 2017

    Evan Smith

    Concierge Real Estate Services

    (678) 779-4716

    35 in this area

    86 Total Sales

    Evan Smith
    Section Image

  • S

    Seller's Agent in 2014

    Steven Schwartz

    Atlantic Properties Int'l Inc

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10050920

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-26-31-0020

Florida Broward County Wilton Manors 33305

1618 NE 25th St, Wilton Manors, FL

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